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 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.
What was Bitcoin worth 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 rowsIf we go by Wood's predictions of Bitcoin hitting $1 million in 2030, that would represent a 1,288% price increase from today's price. In turn, $1,000 in Bitcoin bought today would produce a return of $12,880 return in six years.
What will $1 000 of Bitcoin be worth in 2030? ›
If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000. This would result in a compound annual growth rate (CAGR) of over 100%. Read Next: Bitcoin has jumped another 45% already this year – how much would you need to get started today?
What if I bought $1000 in Bitcoin in 2011? ›
In July 2011, two years after it was created, one coin cost $13.91. Back then, $1,000 would have bought you 71.89 bitcoin, which would be worth $2,785,737.50 today. That figure represents growth of 278,476.56%.
How much would $500 in Bitcoin be worth today? ›
How much will I get if I put $1 dollar in Bitcoin? ›
1 USD equals 0.000017 BTC. The current value of 1 United States Dollar is -0.76% against the exchange rate to BTC in the last 24 hours. The current Bitcoin market cap is $1.16T. Create a free Kraken account to instantly convert USD to BTC today.
How much to invest in Bitcoin to become a millionaire? ›
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.
What if I invested $1000 in Bitcoin in 2010? ›
That investment would be worth $6,859,178,076.22 today based on the same price of $28,122.63 at the time of writing. While investing in Bitcoin today may never be worth billions of dollars in the future, the hypothetical investment illustrates the large increase in value of the leading cryptocurrency over time.
Should I cash out my Bitcoin profit? ›
The decision to cash out crypto or Bitcoin depends on your financial goals and market conditions. You may want to lock in gains, cut or harvest losses for taxes, or simply use your digital assets in the real world. It's crucial to consider tax implications and market timing.
Known for her innovative investment approach, Cathie Wood predicts Bitcoin will surpass $1 million sooner than her previous estimate of 2030.
How much will 1 Bitcoin be worth in 5 years? ›
We predict that Bitcoin will hold an average price of $60,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $65,000. In 2026, we see Bitcoin trading as high as $90,000 by the end of the year. By 2030, we predict that Bitcoin could reach a high of $160,000.
What will Bitcoin be worth in 2050? ›
Bitcoin Overview
| Year | Minimum Price | Maximum Price |
|---|
| 2032 | $1,556,210.36 | $1,890,559.93 |
| 2033 | $2,330,561.92 | $2,724,386.53 |
| 2040 | $3,255,046.46 | $3,906,056.36 |
| 2050 | $4,557,065.25 | $4,918,737.08 |
8 more rows3 days ago
On July 1, 2013, Bitcoin traded for around $90.80. A $1,000 investment in Bitcoin could have purchased 11.0132 BTC at the time. Based on a price of $34,055.98 at the time of writing, the $1,000 investment would be worth $375,065.32 today. This represents a hypothetical return of 37,406.5% over the last 10 years.
How much will $100 Bitcoin be worth in 10 years? ›
A $100 investment in Bitcoin could purchase 0.00607 BTC today based on a price of $16,466.14 at the time of writing. If Bitcoin hits the $1 million price target by Wood in 2030, the $100 investment would turn into $6,070. This represents a gain of 5,970% from now until 2030.
What if you bought Bitcoin 5 years ago? ›
Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone! But you'd be pretty happy if you'd bought five years ago and held on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.
What was the price of 1 Bitcoin in 2010? ›
In 2010, bitcoin—the cryptocurrency that had then come into being only a year back—was valued at the average of USD 0.06 or Rs. 2.85.
How much was 1 Bitcoin in 2010? ›
The closing price for Bitcoin (BTC) in 2010 was $0.30, on December 31, 2010. It was up 506.1% for the year. The latest price is $59,291.09.
How much was Bitcoin in 2010 year? ›
Our earliest Bitcoin price history dates back to July 2010 – at the time, Bitcoin was trading at $0.05. Initially, there was limited price movement between July and September. However, the price of BTC rallied in the second half of October and reached its yearly high of $0.39 in early November.
How much was 1 Bitcoin in 2011? ›
In February of 2011, BTC reached $1.00 for the first time, achieving parity with the U.S. dollar. Months later, the price of BTC reached $10 and then quickly soared to $30 on the Mt. Gox exchange.
