GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
As in much of thecryptocurrencymarket, Bitcoin is a volatile asset.
Explore how much you would have now if you bought a Bitcoin in the past.
Plus, some other ways to build wealthif you are starting now.
How Much Would You Have If You Bought A Bitcoin
Bitcoin burst onto the scene in 2009.
Between 2010 and 2020, the value of a Bitcoin soared by 9,000,000% according toCoinDesk.
1 Year Ago
As of November 21, 2024, a single Bitcoin is worth $98,191.94.
One year ago, a Bitcoin was worth $35,787.93.
5 Years Ago
On November 24, 2019, Bitcoin was worth $3,899.06.
If you purchased a Bitcoin back then, your investment would have grown by $94,292.88.
That represents a growth of over 2,300%.
Many investors wouldnt feel comfortable hanging onto the current during such dramatic volatility.
But some did, and they are reaping the rewards of hanging on for the long haul.
10 Years Ago
Back in November 2014, aBitcoinwas worth $378.05.
If you bought a Bitcoin a decade ago, your investment would have grown by over $97,000!
Again, hanging onto the currency for that decade would be a wild ride.
But if you could stomach the ups and downs, youve seen eye-watering investment returns.
But it is possible to start building wealth today.
As you build out an investment portfolio, adding cryptocurrency could be a part of your overall plan.
However, its not the only asset most experts advise investing in.
Take the time to learn about asset allocation and build out a portfolio that aligns with your goals.
That may or may not mean including Bitcoin in your portfolio going forward.
Takeaway
Bitcoin has seen incredible increases in value over time.
More From GOBankingRates
Share This Article:
