The price of Bitcoin is constantly changing and as you know, the cryptonews are full of excitement every day. Today, we are seeing good increases on the market. We are also seeing that BTC is flirting with the $9,000 mark for the fifth time this week. But if you put $1k in BTC five years ago, you would have a great return on investment given the price now.
So, how much would you have if you put $1,000 in Bitcoin in 2015?
Obviously, this depends on the exact month when you decided to invest in Bitcoin (BTC). In January 2015, Bitcoin (BTC) was circling near the $300 mark, while in April the same year the coin retraced to the $220 mark. Ending 2015, Bitcoin surged and in December it breached the $400 mark.
In that manner:
- If you put $1k in BTC in January 2015, you would have around $29,500 right now.
- If you put $1k in BTC in April 2015, you would have around $40,000 right now.
- And if you put $1k in BTC in December 2015, you would have more than $21,000 right now.
As you can see, the Bitcoin news bring a lot of excitement and over time, the cryptocurrency can be seen as a great and very profitable long-term investment. The price of BTC this month is circling around the $9,000 mark.
However, this does not mean that BTC is not volatile. In November 2019, the dominant coin was trading around $3,900. So, if you put $1,000 in BTC in November 2019, you would still have tripled your investment by now.
What is very exciting to mention in the cryptocurrency news right now is the Bitcoin halving in May 2020, which is coming in less than two weeks. As we can see from historic data, the BTC price always surged after its halving, which is why it may be a good time to invest in Bitcoin even now, when the price is around $9,000.
Still, just like many financial advisors and crypto analysts, we would like to advise everyone to trade with caution and only invest the money that they are comfortable putting aside. After all, Bitcoin is the best investment when seen in the long-term scenario, just like this one we shared above.
So, if you put $1k in BTC in 2015, you would have a x20, x30 or x40 profit on your investment by now.
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