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%.
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.
VIDEO8:3408:34
How a millennial couple earning $227,000 a year in Chicago spend their money
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.
How much money will I make if I invest $1000 in Bitcoin? ›
If You Invest $1,000 Today in Bitcoin, It Could Be Worth $13,000 in 6 Years.
How much was 1 Bitcoin worth 10 years ago? ›
Prices and value history
| Date | USD : 1 BTC |
|---|
| Jan 2009 – Mar 2010 | basically nothing |
| May 2010 | less than $0.01 |
| Feb 2011 – April 2011 | $1.00 |
| Nov 2013 | $350–$1,242 |
38 more rowsOn December 31, 2012, the closing price of Bitcoin for the year was $13.45 (approximately 10 years ago). You would have 74.34 BTC today, if you had invested $1,000 in bitcoin in 2012. Ten years ago, you could have purchased $10,000 worth of Bitcoin, which you could now sell for $12,532,862 .
What if I invested $1000 in Bitcoin in 2015? ›
If you'd invested that same $1,000 in bitcoin in May 2015, that investment would have morphed into a whopping $126,855. The chart below compares the growth of each $1,000 investment. As you can see, bitcoin was the clear winner here.
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.
How much is $1000 dollars in Bitcoin 5 years ago? ›
A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.
Can you cash out Bitcoin? ›
Q: What are the ways to cash out Bitcoin holdings? A: You can cash out Bitcoin through exchanges like Coinbase, Kraken, or Binance by linking your bank account, or use Bitcoin ATMs for direct conversion to cash. Smaller exchanges like HODL HODL, and decentralized finance applications, offer other cash-out methods.
What will Bitcoin be worth in 2030? ›
Bitcoin Overview
| Year | Minimum Price | Maximum Price |
|---|
| 2030 | $813,719.62 | $988,657.12 |
| 2031 | $1,222,364.75 | $1,422,536.73 |
| 2032 | $1,750,882.89 | $2,133,236.66 |
| 2033 | $2,476,675.31 | $3,009,208.05 |
8 more rows1 USD equals 0.000016 BTC. The current value of 1 United States Dollar is -1.38% against the exchange rate to BTC in the last 24 hours. The current Bitcoin market cap is $1.27T. Create a free Kraken account to instantly convert USD to BTC today.
If this is the case, you would need to own 2.86 BTC to become a millionaire. It would cost around $190,000 today.
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.
What will $1000 of Bitcoin be 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%.
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 bought $1,000 dollars of Bitcoin in 2013? ›
On July 1, 2013, Bitcoin traded for around $90.80. A $1,000 investment in Bitcoin could have purchased 11.0132 BTC at the time. Based on a price of $34,055.98 at the time of writing, the $1,000 investment would be worth $375,065.32 today. This represents a hypothetical return of 37,406.5% over the last 10 years.
What happens if I put 500 in Bitcoin? ›
If Bitcoin returns to all-time highs, a $500 investment today would be worth $822.50, representing a return of +64.4% which bring a little ROI to your investment.
Is investing $1,000 in Bitcoin worth it? ›
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%.
How much would 1 Bitcoin be worth in 5 years? ›
Bitcoin Overview
| Year | Minimum Price | Average Price |
|---|
| 2026 | $177,945.20 | $184,224.58 |
| 2027 | $263,695.63 | $272,906.71 |
| 2028 | $390,634.93 | $404,280.57 |
| 2029 | $561,515.84 | $581,729.82 |
8 more rowsCommon investment advice states that anywhere from 1% - 5% is a safe allocation when considering an investment with higher risk. And as a market with marked volatility, crypto certainly carries a level of risk. While 1% - 5% invested in crypto may not seem like a lot, it has the potential to build over time.
