Since launching in 2009, Bitcoin has rapidly become one of the best-performing investments of all time. Even small initial investments have turned into millions of dollars. But what if you had purchased just $20 worth of Bitcoin 15 years ago? Would that have been enough to make you a millionaire today? The answer might surprise you.
This is how much $20 in Bitcoin would be worth today
Roughly 15 years ago, Bitcoin first began trading hands, mostly through manual transactions conducted using online forums. Back then, a single Bitcoin was valued at just $0.00099! Online exchanges weren't launched until 2010, when its lowest price was recorded at $0.04865 on July 14, 2010.
If you had purchased $20 in Bitcoins from an online forum in 2009, you might have been able to buy over 20,000 Bitcoins. Since a single Bitcoin is worth around $70,000 today, your $20 purchase would have turned into an astounding $1.4 billion!But let's say you waited one more year, until Bitcoins were traded on exchanges, making it easier for you to acquire your stake. Purchasing $20 in Bitcoins at roughly $0.05 per coin would have resulted in a stake of around 400 Bitcoins. In this case, your $20 purchase would now be worth around $28 million -- still an incredible return, but far short of making you a billionaire.
