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
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 is $1,000 in Bitcoin 10 years ago? ›
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.
How much is 1 Bitcoin going to be worth in 10 years? ›
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. However, the BTC price is expected to cross $300,000 by 2030. With global adoption, a single Bitcoin could be worth a million dollars.
How much is $1000 in Bitcoin today worth in 2030? ›
If Bitcoin continues this pattern into 2030, the price could peak around 2029 or 2030. If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030. This would result in a compounded annual growth rate (CAGR) of nearly 95%.
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.
Is investing $1000 in Bitcoin worth it? ›
If 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 Bitcoin be worth in 2050? ›
If we draw a line connecting Bitcoin's historical lows, we get a prediction of $1.3 million by 2030 and a staggering $200+ million by 2040 and 2050, which would put its market cap at an unreasonable $4 quadrillion. By this time, this asset class will likely be matured.
How much will 1 Bitcoin be worth in 2040? ›
By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040. Conversely, if the market turns bearish, the minimum price level of BTC Coin could fall down to $5,42,838.40 by 2040.
Is Bitcoin going to skyrocket? ›
A recent report predicts that Bitcoin will reach a new all-time high in 2024. Bitcoin (BTC) is expected to reach a new record of $88,000 (€82,000) throughout the year, before it settles around $77,000 at the end of 2024, according to a new report. The cryptocurrency's current price sits at around $43,000.
Will Bitcoin hit 1 million by 2030? ›
10 Years of Decentralizing the Future
Jack Dorsey believes the price of bitcoin could reach over $1 million by the end of 2030. His outlook aligns with that of other industry leaders, such as Cathie Wood, who predicted that bitcoin could go as high as $1.5 million by that time.
Sarathy concurs that there are risks involved with investing in these cryptocurrencies, including price volatility, cybersecurity concerns and a lack of regulations compared to traditional currency. Ultimately, it's up to each individual user how much risk they want to take.
How much to invest in Bitcoin to become a millionaire? ›
But the table stakes have increased markedly since Bitcoin first launched in 2009. Back then, you might have been able to become a millionaire with just a tiny investment of $1,000 or less. But now, given the elevated price of Bitcoin, you might need $63,000 or more to hit that mythical milestone.
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.
How much would you have if you bought $1000 dollars of 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 I invested $1,000 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 you put $1000 in Bitcoin 5 years ago? ›
A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.
