What if you bought Bitcoin on October 28, 2018?
Bitcoin was trading at $6,311 on October 28, 2018. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2018-10-28
BTC price then
$6,311
0.015845 BTC bought
Value today
$1,130
BTC at $71,308
Profit
+$1,030
+1029.9%
You invested
$500.00
on 2018-10-28
BTC price then
$6,311
0.079227 BTC bought
Value today
$5,650
BTC at $71,308
Profit
+$5,150
+1029.9%
You invested
$1,000
on 2018-10-28
BTC price then
$6,311
0.158453 BTC bought
Value today
$11,299
BTC at $71,308
Profit
+$10,299
+1029.9%
You invested
$5,000
on 2018-10-28
BTC price then
$6,311
0.792267 BTC bought
Value today
$56,495
BTC at $71,308
Profit
+$51,495
+1029.9%
You invested
$10,000
on 2018-10-28
BTC price then
$6,311
1.5845 BTC bought
Value today
$112,990
BTC at $71,308
Profit
+$102,990
+1029.9%
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Bitcoin on October 28, 2018 — Investment Analysis
On October 28, 2018, one Bitcoin cost $6,311. A $1,000 investment would have purchased 0.158453BTC. At today's price of $71,308, that holding would be worth $11,299 — a +1029.9%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 October 28, 2018 would be worth approximately $11,299 today, representing a +1029.9% return. Bitcoin's price on that date was $6,311, and it is now $71,308. This translates to owning approximately 0.158453 BTC.
Bitcoin was trading at approximately $6,311 on October 28, 2018. At today's price of $71,308, that represents a 11.3x increase.
A $100 Bitcoin purchase on October 28, 2018 at $6,311 per BTC would have grown to approximately $1,130 today — a +1029.9% return over 8 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2018 at $6,311 resulted in a 1029.9% return to date. This was an exceptional entry point.
Since October 28, 2018, Bitcoin has gone from $6,311 to $71,308 — a 11.3x 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.