What Would Happen If You Bought $100 of Bitcoin Every Month For a Year?
Here’s how much you’d have after a year
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In November 2017, I made my first bitcoin purchase. It was a mania that I couldn't quite grasp. I recall having lunch with a group of 8–10 people and discussing Ethereum, Bitcoin, and Litecoin.
I had no notion how anything worked, but I recall studying the pricing charts.
By November, the price of one Bitcoin had risen from roughly $1,000 at the start of 2017 to over $10,000. Ethereum had similar increases, rising from $10 per token in January to $400 per coin in November. The price of Litecoin has risen from $4 to $70 per coin.
I didn't have a lot of spare cash at the time, and I didn't know much about crypto, so I bought about $50 worth of Ethereum and $25 worth of Litecoin. Bitcoin appeared to be too pricey to me.
I forgot I had it after a month.
I discovered I had created a Coinbase account six months ago and worked out how to get back in. From the $75 I put in three and a half years ago, I had roughly $120.
If I had continued to invest in 2018, 2019, and 2020, I may have had a lot more. But I don't want to become bogged down in coulda, woulda, and shoulda scenarios.
I'd rather concentrate on the future and wise investments.
Because cryptocurrency is still more volatile than equities and bonds, the best thing you can do is diversify your holdings and let them alone. My acquaintance earns a lot of money day trading Bitcoin, but they also spend the majority of their time learning and making informed trades.
I would not advise investing in anything you are unfamiliar with.
Before you open your wallet, spend 15-20 hours researching about crypto, the Blockchain, and Bitcoin.
I wanted to see how much money you'd have if you invested $100 in Bitcoin every month for a year. On the 1st, you'll pay $50, and on the 15th, you'll pay $50.
Because the price of Bitcoin fluctuates every day, this will not be a precise figure, but rather an accurate approximation. I got these rates from Coinbase, and I'll include the $2 cost for buying Bitcoin with cash that Coinbase charges.
November 1st 2020
1 BTC = $13,737.11
$48 of Bitcoin = 0.0034941 BTC
Total Bitcoin = 0.0034941 BTC
Total Invested = $50
Total worth = $48
November 15th 2020
1 BTC = $15,955.59
$48 of Bitcoin = 0.0030083 BTC
Total Bitcoin = 0.0065023 BTC
Total Invested = $100
Total worth = $103.75
December 1st 2020
1 BTC = $18,778.45
$48 of Bitcoin = 0.0025561 BTC
Total Bitcoin = 0.0090584 BTC
Total Invested = $150
Total worth = $170.10
December 15th 2020
1 BTC = 19,443.19
$48 of Bitcoin = 0.0024687 BTC
Total Bitcoin = 0.0115271 BTC
Total Invested = $200
January 1st 2021
1 BTC = $29,413.29
$48 of Bitcoin = 0.0016319 BTC
Total Bitcoin = 0.013159 BTC
Total Invested = $250
Total worth = $387.05
January 15th 2021
1 BTC = $36,754.60
$48 of Bitcoin = 0.0013059 BTC
Total Bitcoin = 0.0144649 BTC
Total Invested = $300
Total worth = $531.65
February 1st 2021
1 BTC = $33,534.39
$48 of Bitcoin = 0.0014313 BTC
Total Bitcoin = 0.0158962 BTC
Total Invested = $350
Total worth = $533.07
February 15th 2021
1 BTC = $47,935.66
$48 of Bitcoin = 0.0010013 BTC
Total Bitcoin = 0.0168975 BTC
Total Invested = $400
Total worth = $809.99
March 1st 2021
1 BTC = $49,635.30
$48 of Bitcoin = 0.000967 BTC
Total Bitcoin = 0.0178645 BTC
Total Invested = $450
Total worth = $886.71
March 15th 2021
1 BTC = 55,629.08
$48 of Bitcoin = 0.0008628 BTC
Total Bitcoin = 0.0187273 BTC
Total Invested = $500
Total worth = $1041.78
April 1st 2021
1 BTC = $58,726.47
$48 of Bitcoin = 0.0008173 BTC
Total Bitcoin = 0.0195446 BTC
Total Invested = $550
Total worth = $1147.78
April 15th 2021
1 BTC = $63,229.04
$48 of Bitcoin = 0.0007591 BTC
Total Bitcoin = 0.0203037 BTC
Total Invested = $600
Total worth = $1283.78
May 1st 2021
1 BTC = $57,859.28
$48 of Bitcoin = 0.0008296 BTC
Total Bitcoin = 0.0211333 BTC
Total Invested = $650
Total worth = $1222.75
May 15th 2021
1 BTC = $46,771.01
$48 of Bitcoin = 0.0010262 BTC
Total Bitcoin = 0.0221595 BTC
Total Invested = $700
Total worth = $1036.42
June 1st 2021
1 BTC = $36,684.99
$48 of Bitcoin = 0.0013084 BTC
Total Bitcoin = 0.0234679 BTC
Total Invested = $750
Total worth = $860.92
June 15th 2021
1 BTC = $40,158.06
$48 of Bitcoin = 0.0011952 BTC
Total Bitcoin = 0.0246631 BTC
Total Invested = $800
Total worth = $990.42
July 1st 2021
1 BTC = $33,510.93
$48 of Bitcoin = 0.0014323 BTC
Total Bitcoin = 0.0260954 BTC
Total Invested = $850
Total worth = $874.48
July 15th 2021
1 BTC = $31,872.49
$48 of Bitcoin = 0.001506 BTC
Total Bitcoin = 0.0276014 BTC
Total Invested = $900
Total worth = $879.72
August 1st 2021
1 BTC = $39,859.18
$48 of Bitcoin = 0.0012042 BTC
Total Bitcoin = 0.0288056 BTC
Total Invested = $950
Total worth = $1148.16
August 15th 2021
1 BTC = $47,014.38
$48 of Bitcoin = 0.0010209 BTC
Total Bitcoin = 0.0298265 BTC
Total Invested = $1,000
Total worth = $1402.27
September 1st 2021
1 BTC = $48,834.27
$48 of Bitcoin = 0.0009829 BTC
Total Bitcoin = 0.0308094 BTC
Total Invested = $1,050
Total worth = $1504.55
September 15th 2021
1 BTC = $48,144.03
$48 of Bitcoin = 0.000997 BTC
Total Bitcoin = 0.0318064 BTC
Total Invested = $1,100
Total worth = $1531.28
October 1st 2021
1 BTC = $48,165.76
$48 of Bitcoin = 0.0009966 BTC
Total Bitcoin = 0.032803 BTC
Total Invested = $1,150
Total worth = $1579.98
October 15th 2021
1 BTC = $61,690.32
$48 of Bitcoin = 0.0007781 BTC
Total Bitcoin = 0.0335811 BTC
Total Invested = $1,200
Total worth = $2071.63
Total worth = $224.12
What it’d be worth today !
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About the Creator
James Renouf
Online marketers , digital product reviewer since 2012
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