Bitcoin Investment App – If You Invested $1 in Bitcoin in 2012
Bitcoin (Crypto: BTC) is trading between $27,000 and $28,000 today (April 25), posting impressive gains since its inception in 2009.
In this article, Benzinga looks back in time to see how much money you would have today if you had invested $1 in Bitcoin in 2012.
In 2012, Bitcoin was still in its infancy, having been launched by the mysterious and unknown Satoshi Nakamoto just three years earlier.
At the time, digital currency was relatively unknown and many viewed it as a dubious experiment. Despite its shaky beginnings, Bitcoin’s value has grown rapidly over the past decade, providing handsome returns for far-sighted investors.
If You Invested $1 in Bitcoin in 2012 – Heres How Much You Have Now
Price of $1 Bitcoin in 2012 in 2023:
To assess the investment value of $1 Bitcoin in 2012, we use the average price for that year.
In 2012, the price of cryptocurrency one bitcoin fluctuated between $4.72 usd dollar and $13.51 usd dollar, with an average price of $8.90 usd dollar So, an investment of $1 in Bitcoin buys about 0.1124 BTC.
This represents of a return on the investment (ROI) of over of 311,000% percentage in just 11 years ago.
The S&P 500 index, a popular benchmark for the overall performance of US stocks, has had an annualized return of about 10% over the past century. Compared to Bitcoin’s returns, traditional investing seems almost surreal.
What if someone invests more? ( bitcoin investment app )
Extrapolating returns from the original $1 investment example, the results for a $100 investment in Bitcoin in 2012 and a $1,000 investment were equally surprising. bitcoin investment app
If you invest $100 at an average price of $8.90 per Bitcoin, you will buy approximately 11.24 Bitcoins. Today, that investment is worth $311,398. bitcoin investment app
bitcoin investment app
If you had invested $1,000 usd dollar cryptocurrency in Bitcoin in 2012, you would have to bought about the 112.4 BTC. At the current Bitcoin price of $27,700, a $1,000 investment is now worth an eye-watering $3,113,980.
These returns are a testament to Bitcoin’s great potential as an investment over the past decade.
It is important to remember that past performance is not necessarily indicative of future results and that investing in cryptocurrencies is still inherently risky and volatile. bitcoin investment app
