What if you bought Bitcoin on October 24, 2018?
Bitcoin was trading at $6,445 on October 24, 2018. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2018-10-24
BTC price then
$6,445
0.015516 BTC bought
Value today
$1,106
BTC at $71,308
Profit
+$1,006
+1006.4%
You invested
$500.00
on 2018-10-24
BTC price then
$6,445
0.077582 BTC bought
Value today
$5,532
BTC at $71,308
Profit
+$5,032
+1006.4%
You invested
$1,000
on 2018-10-24
BTC price then
$6,445
0.155165 BTC bought
Value today
$11,064
BTC at $71,308
Profit
+$10,064
+1006.4%
You invested
$5,000
on 2018-10-24
BTC price then
$6,445
0.775824 BTC bought
Value today
$55,322
BTC at $71,308
Profit
+$50,322
+1006.4%
You invested
$10,000
on 2018-10-24
BTC price then
$6,445
1.5516 BTC bought
Value today
$110,645
BTC at $71,308
Profit
+$100,645
+1006.4%
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Bitcoin on October 24, 2018 — Investment Analysis
On October 24, 2018, one Bitcoin cost $6,445. A $1,000 investment would have purchased 0.155165BTC. At today's price of $71,308, that holding would be worth $11,064 — a +1006.4%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 October 24, 2018 would be worth approximately $11,064 today, representing a +1006.4% return. Bitcoin's price on that date was $6,445, and it is now $71,308. This translates to owning approximately 0.155165 BTC.
Bitcoin was trading at approximately $6,445 on October 24, 2018. At today's price of $71,308, that represents a 11.1x increase.
A $100 Bitcoin purchase on October 24, 2018 at $6,445 per BTC would have grown to approximately $1,106 today — a +1006.4% return over 8 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2018 at $6,445 resulted in a 1006.4% return to date. This was an exceptional entry point.
Since October 24, 2018, Bitcoin has gone from $6,445 to $71,308 — a 11.1x 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.