Here’s How Much Money You’d Have If You Invested $1,000 In Bitcoin In Each Of The Last 10 Years
The beautiful thing about investing is that opportunity is everywhere. When you miss your chance on a good opportunity, another one is right around the corner. And, in some instances, like Bitcoin, the window of opportunity can last for a decade (or decades?)
Even though we are all aware that there will always be another thing to invest in, we still love looking back and saying “what if?” What if I bought Apple stock in 2006? What if I bought Amazon in 1999? What if I invested in Bitcoin in 2011?
The exercise is part torture, part curiosity. And yet, we still do it. Because the numbers are oftentimes so outrageous that we can’t help ourselves. In the case of Bitcoin, a mere $1,000 could have made tons of money. Sigh.
Take a look at how much $1,000 invested in Bitcoin over the last 10 years would be worth today.
(*Numbers are based on Bitcoin priced at $38,000 per coin)
2011
In July of 2011, the price of one Bitcoin was roughly $13.91. So, if you invested $1,000 in Bitcoin in 2011, it would be worth $2,785,737.50 today.
2012
If you thought not investing in 2011 hurt, 2012 is a real stinger.
In July of 2012, the price of one Bitcoin was roughly $6.55. If you invested $1,000 in Bitcoin in 2012, it would be worth $5,801,526.71 today.
2013
In July of 2013, the price of one Bitcoin was roughly $76. If you invested $1,000 in Bitcoin in 2013, it would be worth $500,000 today.
2014
In July of 2014, the price of one Bitcoin was roughly $564.57 If you invested $1,000 in Bitcoin in 2014, it would be worth $67,307.86 today.
2015
In July of 2015, the price of one Bitcoin was roughly $286.74 If you invested $1,000 in Bitcoin in 2015, it would be worth $132,524.23 today.
2016
In July of 2016, the price of one Bitcoin was roughly $656.17. If you invested $1,000 in Bitcoin in 2016, it would be worth $58,900 today.
2017
In July of 2017, the price of one Bitcoin was roughly $2,718.62. If you invested $1,000 in Bitcoin in 2017, it would be worth $13,997.67 today.
2018
In July of 2018, the price of one Bitcoin was roughly $8,166.39. If you invested $1,000 in Bitcoin in 2018, it would be worth $4653.21 today.
2019
In July of 2019, the price of one Bitcoin was roughly $9,572.74. If you invested $1,000 in Bitcoin in 2019, it would be worth $3,969.60 today.
2020
In July of 2020, the price of one Bitcoin was roughly $10,990.87. If you invested $1,000 in Bitcoin in 2020, it would be worth $3,525.65 today.
Will Bitcoin continue to go up? We wouldn’t bet against it. That said, investing in Bitcoin is still very speculative. But there is a way to do it without investing a single dollar of your hard earned money. How, you say? Simple. The BlockFi credit card, which is a Visa-backed rewards card that gives you 1.5% Bitcoin back on every purchase. It’s a great way to invest in Bitcoin without actually risking your income. Brilliant!
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