Bitcoin is flying high again, with the price of a token topping $52,000 Wednesday — the first time that's happened since November 2021.
That's a remarkable recovery for the ever-volatile cryptocurrency, which was trading at less than a third of its current value in November 2022.
How much $1,000 invested in bitcoin is worth, based on purchase date
If you had invested $1,000 in bitcoin one, five or 10 years ago, here's how much your money would be worth now. CNBC's calculations are based on the token's price of $51,793 as Feb. 14.
- If you had put $1,000 into bitcoin a year ago, it would have grown by 133% and be worth around $2,331 as of Feb. 14.
- If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14.
- If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb. 14.
And if you boughtbitcoin on Jan. 11, when the ETFs launched, a $1,000 investment would now be worth $1,113.
Do your research before investing
Because cryptocurrencies are highly speculative, financial experts commonly recommend investing no more than you're willing to lose. Similarly, past performance isn't necessarily indicative of future success.
That said, a small amount of crypto can be part of a diversified investing strategy.
"I think it makes sense for most folks to hold a small holding of cryptocurrencies, maybe 1% or 2% of an entire portfolio," Chris Diodato, a CFP and founder ofWELLth Financial Planning, previously told CNBC Make It.
However, "I'm hesitant to recommend more because, in addition to its significant volatility, it doesn't produce cash flow like traditional investments — it's only worth as much as someone is willing to pay for it."
Instead of picking individual stocks or other assets, experts often recommend investing in low-cost index funds or ETFs, which offer automatic diversity. When you invest in the S&P 500, for example, you're essentially buying part of around 500 of the largest publicly traded companies in the U.S., so your investment's success isn't tied to a single company.
As of Feb.14, the S&P 500 is up about 21% compared with 12 months ago, according to CNBC's calculations. Since 2019, the index has grown by around 82% and since 2014, it has ballooned by around 172%.
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FAQs
14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb. 14.
What was the price of Bitcoin 10 years ago? ›
Prices and value history
Date | USD : 1 BTC |
---|
Jan 2009 – Mar 2010 | basically nothing |
May 2010 | less than $0.01 |
Feb 2011 – April 2011 | $1.00 |
Nov 2013 | $350–$1,242 |
38 more rows
How much would Bitcoin be worth in 10 years? ›
However, some experts have offered bold projections. Cathie Wood, the founder, chief executive officer, and chief investment officer of ARK Invest, believes that Bitcoin could be worth $1 million per coin before 2030, as adoption by institutional investors increases.
How much would I have if I invested $10,000 in Bitcoin in 2010? ›
In it, a StockTwits user by the name of Charlie Bilello noted that a $10,000 investment in Bitcoin made in July 2010 would have earned investors a $200 mln return. To be exact, a Bitcoin investor who purchased $10,000 worth of Bitcoin in 2010 would have earned $201.56 mln.
What is the return of Bitcoin in the past 10 years? ›
Average returns
Period | Average annualised return | Total return |
---|
Last year | 105.7% | 105.7% |
Last 5 years | 42.3% | 482.5% |
Last 10 years | 58.1% | 9,676.2% |
How much is $500 in Bitcoin in 10 years USD? ›
at the moment the price of bitcoin is 52,000 if in 10 years it was a million then that is a return of 1,823.077% or an average of 182.3% a year. So 500 dollars a month for 10 years would make about 40 million dollars.
How much will I get if I put $1 dollar in Bitcoin? ›
1 USD equals 0.000015 BTC. The current value of 1 United States Dollar is -3.98% against the exchange rate to BTC in the last 24 hours. The current Bitcoin market cap is $1.32T. Create a free Kraken account to instantly convert USD to BTC today.
How much is $1000 in Bitcoin 10 years ago? ›
14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
How much will $1000 in Bitcoin be worth in 2030? ›
By getting investors excited about the future of Bitcoin, she could attract more inflows to her ETF. If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000.
How much Bitcoin do I need to be a millionaire in 10 years? ›
While this is a lower-bound scenario, we can use it as a baseline to show what it takes for investors to become Bitcoin millionaires. Assuming an annualized return of 30%, one would need to invest roughly $85,500 annually for five years to hit millionaire status. Over 10 years, this number falls to around $18,250.
Conclusion. In the dynamic landscape of cryptocurrency, these ten coins, including TRON, Shiba Inu, Astar, Kaspa, Dogecoin, Stellar, Kava, Polygon, Cronos, and VeChain, present diverse potentials for reaching the $1 milestone in 2024.
Is investing $1000 in Bitcoin worth it? ›
If You Invest $1,000 Today in Bitcoin, It Could Be Worth $13,000 in 6 Years.
Who owns the most Bitcoin? ›
So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.
How much will 1 Bitcoin be worth in 2025? ›
Bitcoin (BTC) Price Prediction 2030
Year | Price |
---|
2024 | $ 69,652.24 |
2025 | $ 73,134.85 |
2026 | $ 76,791.60 |
2027 | $ 80,631.18 |
1 more row
Is it smart to invest in Bitcoin? ›
There are several risks associated with investing in cryptocurrency: loss of capital, government regulations, fraud and hacks. Loss of capital. Mark Hastings, partner at Quillon Law, warns that investors must tread carefully in crypto's unique financial environment or risk significant losses.
What could Bitcoin be worth in 20 years? ›
Fidelity Predicts: $1B per 1 BTC by 2038 — 2040
It claims the value of Bitcoin will grow steadily to about $1 million per full Bitcoin by 2030.
What was the price of 1 Bitcoin in 2010? ›
By 2010, the first recorded market price emerged, valuing Bitcoin at around $0.003 per coin.
What was the price of 1 Bitcoin in 2009? ›
What Price Did Bitcoin Start At? Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each.
What was the price of 1 Bitcoin in 2012? ›
In November 2012, Bitcoin went through its first “halving,” a change in the reward structure for miners, where they receive half as many bitcoins for mining blocks on the blockchain. As 2012 came to an end, Bitcoin finished at $13.50, just off the highs for the year.
How much was 1 Bitcoin in 2014? ›
The closing price for Bitcoin (BTC) in 2014 was $320.19, on December 31, 2014. It was down 57.6% for the year. The latest price is $68,236.01.