The OG of cryptocurrencies, Bitcoin, has seen it all. It has crashed multiple times and has touched record highs after every crash.
During 2021’s bull market, some analysts as well as media organisations even predicted that Bitcoin “will soon cross the $200k mark”. But the reality has turned out to be starkly different.
Bitcoin is currently trading at $16,856.70, down by 75.49% from its peak of $68,789.63 in November 2021. It has, however, provided astronomical returns to its early investors, or perhaps early believers.
How Much Your $1000 Invested In Bitcoin 10 Years Ago Will Be Worth Today?
The closing price for Bitcoin in 2012 was $13.45 on December 31, 2012 (approximately 10 years ago). If you had invested $1000 in Bitcoins in 2012, you would have 74.34 BTC today.
At the current market, your $1000 investment would have become $1,253,127, giving you an ROI of 125,212.70% and an annualised ROI of 104.08%.
If you had invested a whopping $10,000 in Bitcoin 10 years ago, you could
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