What if I bought Bitcoin 5 years ago?
CRYPTO: BTC
A $1,000 investment in Bitcoin five years ago would be worth $11,540 today, despite the cryptocurrency's uncomfortable volatility along the way. Upcoming Bitcoin halving and recent ETF approvals could signal more bullish trends for long-term Bitcoin investors.
Just $10,000 invested in the Grayscale Bitcoin Trust on its tradable debut on May 4, 2015, is worth $580,340 today. That's an astounding 5,703% gain in that time. Just to put this score into context, it outstrips the gains of all but one S&P 500 stocks in that time.
Bitcoin Price Prediction 2024-2030
BTC held above $40,000 since December 2023 and into January 2024 when it broke the $45,000 resistance level for the first time since 2022. Based on our analysis, Bitcoin's price could fall to a low of $35,000 or reach a high of $85,000 by the end of 2024.
The world's most valuable digital asset has skyrocketed in the last decade. Its current price of roughly $34,600 (as of Oct. 31) is almost 17,000% higher than it was on this same day 10 years ago. This means a relatively small investment of $1,000 back then would be worth $168,000 today.
According to historical data at Investing.com, Bitcoin's price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011. Then in February, it crossed $1. Just a few months later, in May, it briefly exceeded $8 – a stunning 8-bagger in mere months!
Investors shouldn't be focused on where bitcoin's price is headed in 2024 and should start to think about cryptocurrency as a long-term investment that can diversify a portfolio. “It will ultimately reach well over $100,000 and is most likely to be in the $500,000 to $1 million range in 10 years.
Yes, as a matter of fact, your $200 investment in Bitcoin can jump to $1,000, providing you with an impressive return of 400% within a week, which has not happened since the last few years of crypto market history. And, the probability of that happening anytime soon is quite low.
Dec. 16, 2013: This is the year that Bitcoin began its real climb. By December, it was selling for $638, which (at the time) seemed unthinkable. You'd have only gotten a portion of a Bitcoin for your $100, but it would still be worth $6,856.
The price of Bitcoin is highly volatile and can fluctuate rapidly, so it's essential to check the current price before making any investment. For example, if the price of Bitcoin is $40,000 per Bitcoin, you would receive 0.000025 Bitcoin (1 divided by 40,000) for your $1 investment.
Could Bitcoin go to zero?
It is very debatable as to whether there is any realistic likelihood of this though. Bitcoin has been around for close to 15 years now, and has survived several dramatic crashes before making new highs. It could be reasonably argued the 'go to zero' scenario would have happened already if it was going to.
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.
| Month | Minimum Price | Average Price |
|---|---|---|
| May 2025 | $53,171.08 | $63,789.63 |
| June 2025 | $57,426.19 | $66,876.95 |
| July 2025 | $61,681.30 | $69,964.28 |
| August 2025 | $65,936.40 | $73,051.60 |
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.
A $1,000 investment today could buy 0.0230 BTC based on a price of $43,403.20 at the time of writing. If Bitcoin hits $1 million as predicted by Wood Several times, the $1,000 investment would be worth $23,000, representing a return of 2,200%.
Though the Bitcoin halving dates are not guaranteed fixtures on the calendar, they are consistent. This provision states that the Bitcoin block reward should be permanently cut in half roughly every 210,000 blocks, or approximately every 4 years.
If you invested $100 in Bitcoin in 2010, you'd have $42,800,000 today. Makes you wonder what the next big opportunity will be. What are you the most bullish on over the next decade?
The renowned disruptive growth investor sees Bitcoin hitting $1.48 million per token by 2030 in her bull case for the cryptocurrency, or a gain of 33,557% as of Wednesday afternoon. In other words, $1,000 invested in Bitcoin today would be worth $34,557 by 2030, according to Wood.
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.
The short answer
So, $1,000 would have bought approximately 286 Bitcoins, not counting any transaction costs. As of April 27, 2021, Bitcoin trades for $54,680. That means 286 Bitcoins would be worth approximately $15.6 million today, assuming you held on to them for the past 10 years.
Will Bitcoin reach $100,000?
We're 'pretty confident' that bitcoin will hit $100,000 in 2024, Nexo co-founder says. Antoni Trenchev, co-founder and managing partner of the digital asset firm, says there are three reasons the bitcoin rally will extend into 2024.
Bitcoin price prediction for 2050
According to the calculation, Bitcoin's price could increase to $11,031,000 by 2050 and grow by more than +26,070% over the next 27 years. Bitcoin could become a multi-million dollar asset by 2050.
Yes, there are a reported 40,500 Bitcoin millionaires. But there are also 1 million crypto wallets worldwide that hold at least one whole Bitcoin. Thus, just based on these figures, your chance of becoming a millionaire (even if you choose to invest $43,000 for a whole Bitcoin today) could be less than 5%.
However, based on all of this analysis, I believe that $100K BTC is definitely possible, which means you would need about 10 BTC to be a millionaire by 2030. My thesis can be broken down into these parts: We still have 2 more halvings before 2030 (The halving was initially designed as a countermeasure to inflation.
This projection suggests that a $40,000 investment in Bitcoin today could make someone a millionaire in 10 years' time. To be clear, there are a ton of risks to think about.
