What if you bought Bitcoin on November 21, 2017?
Bitcoin was trading at $8,948 on November 21, 2017. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2017-11-21
BTC price then
$8,948
0.011176 BTC bought
Value today
$796.92
BTC at $71,308
Profit
+$696.92
+696.9%
You invested
$500.00
on 2017-11-21
BTC price then
$8,948
0.055879 BTC bought
Value today
$3,985
BTC at $71,308
Profit
+$3,485
+696.9%
You invested
$1,000
on 2017-11-21
BTC price then
$8,948
0.111757 BTC bought
Value today
$7,969
BTC at $71,308
Profit
+$6,969
+696.9%
You invested
$5,000
on 2017-11-21
BTC price then
$8,948
0.558785 BTC bought
Value today
$39,846
BTC at $71,308
Profit
+$34,846
+696.9%
You invested
$10,000
on 2017-11-21
BTC price then
$8,948
1.1176 BTC bought
Value today
$79,692
BTC at $71,308
Profit
+$69,692
+696.9%
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Bitcoin on November 21, 2017 — Investment Analysis
On November 21, 2017, one Bitcoin cost $8,948. A $1,000 investment would have purchased 0.111757BTC. At today's price of $71,308, that holding would be worth $7,969 — a +696.9%return. This calculation does not account for transaction fees, taxes, or the emotional difficulty of holding through Bitcoin's famous volatility. Past performance does not guarantee future results.
Frequently Asked Questions
A $1,000 investment in Bitcoin on November 21, 2017 would be worth approximately $7,969 today, representing a +696.9% return. Bitcoin's price on that date was $8,948, and it is now $71,308. This translates to owning approximately 0.111757 BTC.
Bitcoin was trading at approximately $8,948 on November 21, 2017. At today's price of $71,308, that represents a 8.0x increase.
A $100 Bitcoin purchase on November 21, 2017 at $8,948 per BTC would have grown to approximately $796.92 today — a +696.9% return over 9 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2017 at $8,948 resulted in a 696.9% return to date. This was a strong entry point.
Since November 21, 2017, Bitcoin has gone from $8,948 to $71,308 — a 8.0x increase. Historically, Bitcoin has rewarded holders across virtually all entry points when held for 4 or more years. Dollar-cost averaging remains a proven strategy for entering at any price level.