What if you bought Bitcoin on May 8, 2018?
Bitcoin was trading at $8,591 on May 8, 2018. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2018-05-08
BTC price then
$8,591
0.011641 BTC bought
Value today
$830.07
BTC at $71,308
Profit
+$730.07
+730.1%
You invested
$500.00
on 2018-05-08
BTC price then
$8,591
0.058203 BTC bought
Value today
$4,150
BTC at $71,308
Profit
+$3,650
+730.1%
You invested
$1,000
on 2018-05-08
BTC price then
$8,591
0.116406 BTC bought
Value today
$8,301
BTC at $71,308
Profit
+$7,301
+730.1%
You invested
$5,000
on 2018-05-08
BTC price then
$8,591
0.582029 BTC bought
Value today
$41,503
BTC at $71,308
Profit
+$36,503
+730.1%
You invested
$10,000
on 2018-05-08
BTC price then
$8,591
1.1641 BTC bought
Value today
$83,007
BTC at $71,308
Profit
+$73,007
+730.1%
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Bitcoin on May 8, 2018 — Investment Analysis
On May 8, 2018, one Bitcoin cost $8,591. A $1,000 investment would have purchased 0.116406BTC. At today's price of $71,308, that holding would be worth $8,301 — a +730.1%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 May 8, 2018 would be worth approximately $8,301 today, representing a +730.1% return. Bitcoin's price on that date was $8,591, and it is now $71,308. This translates to owning approximately 0.116406 BTC.
Bitcoin was trading at approximately $8,591 on May 8, 2018. At today's price of $71,308, that represents a 8.3x increase.
A $100 Bitcoin purchase on May 8, 2018 at $8,591 per BTC would have grown to approximately $830.07 today — a +730.1% return over 8 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2018 at $8,591 resulted in a 730.1% return to date. This was a strong entry point.
Since May 8, 2018, Bitcoin has gone from $8,591 to $71,308 — a 8.3x 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.