How rich would I be if I bought Bitcoin in 2010?
An initial $100 investment held for a tad over 11 years and four months has gained almost 8,000,000,000% and would now be worth $7,964,042,400. In other words, Forbes would be including you in their annual list of the world's richest people.
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?
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.
In the very earliest days of Bitcoin, as you might imagine it was of no real monetary value (2009–10) you could have tens, maybe hundreds of thousands of bitcoins for $1000 but there was no real marketplace.
But it made its real move in the final quarter of 2020. It shattered its all-time high by breaching $15,000 in November 2020, moving above $20,000 in December 2020, and ending the year at around $29,000 with a market cap of more than $539 billion.
If you just invested $100 in Bitcoin back in 2010, today you would have $42,800,000. Someone just made $10 million by investing $16k in Bonk. There are many stories📊 like these in crypto .
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.
Known for her innovative investment approach, Cathie Wood predicts Bitcoin will surpass $1 million sooner than her previous estimate of 2030.
Bitcoin (BTC) Price Prediction 2030
According to your price prediction input for Bitcoin, the value of BTC may increase by +5% and reach $ 87,239.62 by 2030.
We predict that Bitcoin will hold an average price of $60,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $65,000. In 2026, we see Bitcoin trading as high as $90,000 by the end of the year. By 2030, we predict that Bitcoin could reach a high of $160,000.
What would $10 in Bitcoin in 2010 be worth today?
$10 worth of bitcoin in 2010
Based on the $0.003 per-coin price at the time, your $10 would have purchased 3,333 bitcoins. Now, using the $3,722 current value of a bitcoin and the $445 value of one bitcoin cash, your original investment would be worth a total of nearly $13.9 million.
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%.
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.
| 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 |
Assuming a constant monthly investment of $500 for 10 years and a bitcoin price of $1 million per coin at the end, you would earn a profit of approximately $4.8 million.
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.
For that reason, while current market conditions are favorable for anyone considering buying Bitcoin, it is an asset you should purchase only at your own risk. Because while Bitcoin may have the potential for significant returns, you may also lose most of your investment.
It is unlikely that Bitcoin Cash will prove to be one of the best long-term crypto investments. This is mainly due to its security and decentralization flaws and is evident in its inability to create a new ATH in the last bull market.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.
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.
Is it worth putting $1,000 in Bitcoin?
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.
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%.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2032 | $1,651,129.87 | $1,893,401.64 |
| 2033 | $2,404,164.56 | $2,910,956.88 |
| 2040 | $3,484,583.51 | $3,982,382.72 |
| 2050 | $4,156,611.30 | $4,654,408.51 |
Bernstein senior analyst Gautam Chhugani believes the price of Bitcoin could reach $150,000 by mid-2025. Standard Chartered analyst Geoff Kendrick believes Bitcoin could hit $200,000 by the end of 2025.
Coming off an impressive 2023, when it rose by more than 150%, Bitcoin (CRYPTO: BTC) is shaping up to have an even better 2024. But will it be able to keep enough momentum to hit the highly anticipated $100,000 mark?
