Here's how much money you'd have if you invested $1,000 in bitcoin 10 years ago (2024)

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.

Back then, the currency had lost more than 75% of its price following the collapse of FTX, the largest cryptocurrency exchange at the time. The price has recovered since, although it's still short of its November 2021 peak of nearly $69,000.

The recent rise in price is largely related to the Jan. 11 launch of spot bitcoin exchange-traded funds, which allow everyday investors to buy a stake in bitcoin on regulated stock exchanges rather than cryptocurrency exchanges.

The Securities and Exchange Commission's approval makes it easier to invest in bitcoin, while also lending legitimacy to an industry plagued by scandal. Bitcoin's approval has seemingly attracted renewed investor interest, as the value of all bitcoin in circulation exceeded $1 trillion for the first time since 2021 on Wednesday.

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%.

Want to land your dream job in 2024?Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.

Here's how much money you'd have if you invested $1,000 in bitcoin 10 years ago (1)

VIDEO8:3408:34

How a millennial couple earning $227,000 a year in Chicago spend their money

Here's how much money you'd have if you invested $1,000 in bitcoin 10 years ago (2024)

FAQs

Here's how much money you'd have if you invested $1,000 in bitcoin 10 years ago? ›

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 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 did a Bitcoin cost 10 years ago? ›

Prices and value history
DateUSD : 1 BTC
Jan 2009 – Mar 2010basically nothing
May 2010less than $0.01
Feb 2011 – April 2011$1.00
Nov 2013$350–$1,242
38 more rows

How much money will I make if I invest $1000 in Bitcoin? ›

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%.

What would 1000 Bitcoin in 2011 be worth today? ›

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 will $1 Bitcoin be worth in 2035? ›

According to PricePrediction, the average Bitcoin value could be $387,000. According to CoinPriceForecast, Bitcoin price will hit $90000 by the end of 2026. Bitcoin will rise to $100000 within the year of 2028, $120000 in 2029, $140000 in 2030, $150000 in 2031, and $200000 in 2035.

How much would 1 Bitcoin be worth in 5 years? ›

Bitcoin (BTC) Price Prediction 2030
YearPrice
2025$ 65,764.71
2026$ 69,052.95
2027$ 72,505.60
2030$ 83,934.29
1 more row

What will BTC be worth in 2024? ›

$72,000 to $78,000

When did Bitcoin first hit $1? ›

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.

What year was Bitcoin worth $1? ›

Bitcoin wasn't even worth a dollar until February 2011. That's when the fireworks started. By June 2011, the price of Bitcoin had shot up 30 times, reaching a value of $30.

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.

What if I 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.

How to cash out Bitcoin? ›

Here are five ways you can cash out your crypto or Bitcoin.
  1. Use an exchange to sell crypto.
  2. Use your broker to sell crypto.
  3. Go with a peer-to-peer trade.
  4. Cash out at a Bitcoin ATM.
  5. Trade one crypto for another and then cash out.
  6. Bottom line.
Feb 9, 2024

What if I bought $1,000 Bitcoin in 2013? ›

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.

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.

What year did Bitcoin hit $20000? ›

It settled over the next few months, until October, when it pushed through $13,000 again and ultimately vaulted to nearly $20,000 in November 2020, as financial markets tore higher on liquidity from the Federal Reserve and the prospect of a COVID vaccine.

What will be the price of 1 Bitcoin in 2030? ›

At least a million,” Dorsey said when asked for a Bitcoin price prediction by 2030, saying it will likely go beyond that number. He attributed the surge to how the community is constantly evolving and investing in Bitcoin, making “the entire ecosystem better.”

How much will 1 Bitcoin be worth in 2040? ›

Bitcoin Overview
YearMinimum PriceAverage Price
2031$1,077,841.21$1,109,283.06
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
8 more rows

What is the future price of Bitcoin cash in 2030? ›

Bitcoin Cash (BCH) Price Prediction 2030
YearPrice
2025$ 463.25
2026$ 486.42
2027$ 510.74
2030$ 591.24
1 more row

What is a realistic prediction for Bitcoin in 2030? ›

Bitcoin's Price History

Notably, Cathie Wood, CEO of Ark Invest, predicted that bitcoin could reach an astounding $1.48 million by 2030. Obviously, the world's oldest cryptocurrency has come a long way since its first recorded price of less than a cent.

References

Top Articles
Latest Posts
Article information

Author: Tuan Roob DDS

Last Updated:

Views: 5509

Rating: 4.1 / 5 (62 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Tuan Roob DDS

Birthday: 1999-11-20

Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

Phone: +9617721773649

Job: Marketing Producer

Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.