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 if you invested $1000 in Bitcoin in 2015? ›
A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today. So, what's the lesson here, and how can investors apply it to Bitcoin moving forward?
What was Bitcoin worth 10 years ago? ›
Prices and value history
| Date | USD : 1 BTC |
|---|
| May 2010 | less than $0.01 |
| Feb 2011 – April 2011 | $1.00 |
| Nov 2013 | $350–$1,242 |
| Apr 2014 | $340–$530 |
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%.
What if you put $1000 in Bitcoin 5 years ago? ›
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.
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 to cash out Bitcoin? ›
Here are five ways you can cash out your crypto or Bitcoin.
- Use an exchange to sell crypto.
- Use your broker to sell crypto.
- Go with a peer-to-peer trade.
- Cash out at a Bitcoin ATM.
- Trade one crypto for another and then cash out.
- Bottom line.
So, 10 times from those levels would mean that Bitcoin could go as high as $350,000, Saylor said. If this is the case, you would need to own 2.86 BTC to become a millionaire. It would cost around $190,000 today.
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.
Will Bitcoin make it to $100,000? ›
With bitcoin hitting new highs, it'll likely reach the US$100,000 milestone before 2024 is out.
How high will Bitcoin go in 2024? ›
Bitcoin, it found, is likely to hit an average peak price of $87,875 in 2024, with some experts predicting it will climb as high as $200,000. On the flip side, the average lowest price Bitcoin could hit by the end of 2024, is seen as $35,734, the report said, with some predicting it will fall as low as $20,000.
What will Bitcoin be worth in 2050? ›
Bitcoin Overview
| Year | Minimum Price | Average Price |
|---|
| 2032 | $1,556,210.36 | $1,611,674.82 |
| 2033 | $2,330,561.92 | $2,411,145.86 |
| 2040 | $3,255,046.46 | $3,568,496.11 |
| 2050 | $4,557,065.25 | $4,725,845.37 |
8 more rows5 days ago
In 2025, the projected high for Bitcoin is $110,449, with a low of $61,357 and an average price of $85,903. If I had invested $100 in 2020 fall, what it be worth now?
How much did 1 Bitcoin cost in 2015? ›
The year 2015 started with Bitcoin declining, but most of the year was a slow uptrend, unusual for Bitcoin, and it ended the year at $430.
How much would I have if I invested $1000 in Bitcoin in 2013? ›
If you invested $1,000 in the world's oldest and most valuable cryptocurrency in April 2013, you'd be sitting on a balance of roughly $121,000 right now. That monster 12,000% gain is truly jaw-dropping. There might be no other asset that has performed better than Bitcoin has during the past 10 years.
What 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.
