The network of the first cryptocurrency was launched in the distant year of 2009, by the standards of the crypto industry. Since then, Bitcoin has been predicted to die multiple times. However, contrary to negative forecasts, BTC continues to strengthen its position in the financial market.
Since the beginning of 2024, Bitcoin has already risen in price by more than 130%. Investors who bought cryptocurrency earlier can boast even more impressive statistics for their investment portfolio. The editorial team of BeInCrypto found out how much members of the crypto community earned who invested in Bitcoin 10 years ago. To make the calculations, we need to remember how much Bitcoin was worth in 2014, on November 28. On that day, the cryptocurrency was trading at $378. At the time of writing this review, BTC is worth $95,201. Let's assume that someone decided to invest in Bitcoin on November 28, 2014. Here is how much money, depending on the initial investments, the cryptocurrency brought them exactly 10 years later:
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Investment Amount ($) Amount on November 28, 2014 ($) 2024 ($)
100 25,159
500 125,795
1000 251,590