If You Put $1,000 In Bitcoin In 2013, Here Is How Much You’d Have Today

If you took a chance and invested in Bitcoin in 2013 (which is only 5 years ago), your investment could have paid off in a great way. According to our cryptocurrency website DC Forecasts with information taken from the leading exchanges Bitfinex, Bitstamp, Coinbase and itBit – the value of Bitcoin was volatile in 2013.

In December 2013 alone, one Bitcoin was worth $600 in its lows and $1,000 in its highs. So, if you purchased $1,000 worth of Bitcoin back at the price of $600, you’d have a little over 1.6 Bitcoins – which is today around $14,000.

If you bought Bitcoin for $1,000 in 2013, you would have around $9,000 today. However, Bitcoin was also $135 in April 2013 – which means that if you invested $1,000 in it then – you would have a little over $65,000 today.

As you probably know, there were a lot of ups and downs on the crypto market. For example, if you cashed out your 1.6 Bitcoins in December 2017 (when BTC’s price was the highest), you would have $32,000.

As you can see, that is a tremendous profit in just a few years.

And if you were smart (or lucky) to invest in Bitcoin even earlier, the rewards would have been even greater. In fact, you could have joined the first Bitcoin billionaires.

As the leading cryptocurrency has gone more mainstream, some of the biggest names in finance started weighing in. For example, Fundstrat’s Tom Lee and investor Bill Miller both embraced the trend.

According to many investors, Bitcoin is still a plague – with no underlying rate of return. However, history has shown that a lot of people capitalized on it and made massive amounts of money.

That said, even today is not a bad time to invest in Bitcoin. Some experts say that the cryptocurrency could climb to $25,000 this year – and $250,000 by 2022.

The general rule, however, is to invest only the amount that you can afford to lose. After all, cryptocurrencies are volatile and still something you should carefully prepare to – win or lose at.