What if you bought Bitcoin on November 8, 2018?
Bitcoin was trading at $6,376 on November 8, 2018. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2018-11-08
BTC price then
$6,376
0.015684 BTC bought
Value today
$1,118
BTC at $71,308
Profit
+$1,018
+1018.4%
You invested
$500.00
on 2018-11-08
BTC price then
$6,376
0.078421 BTC bought
Value today
$5,592
BTC at $71,308
Profit
+$5,092
+1018.4%
You invested
$1,000
on 2018-11-08
BTC price then
$6,376
0.156842 BTC bought
Value today
$11,184
BTC at $71,308
Profit
+$10,184
+1018.4%
You invested
$5,000
on 2018-11-08
BTC price then
$6,376
0.784208 BTC bought
Value today
$55,920
BTC at $71,308
Profit
+$50,920
+1018.4%
You invested
$10,000
on 2018-11-08
BTC price then
$6,376
1.5684 BTC bought
Value today
$111,841
BTC at $71,308
Profit
+$101,841
+1018.4%
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Bitcoin on November 8, 2018 — Investment Analysis
On November 8, 2018, one Bitcoin cost $6,376. A $1,000 investment would have purchased 0.156842BTC. At today's price of $71,308, that holding would be worth $11,184 — a +1018.4%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 November 8, 2018 would be worth approximately $11,184 today, representing a +1018.4% return. Bitcoin's price on that date was $6,376, and it is now $71,308. This translates to owning approximately 0.156842 BTC.
Bitcoin was trading at approximately $6,376 on November 8, 2018. At today's price of $71,308, that represents a 11.2x increase.
A $100 Bitcoin purchase on November 8, 2018 at $6,376 per BTC would have grown to approximately $1,118 today — a +1018.4% return over 8 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2018 at $6,376 resulted in a 1018.4% return to date. This was an exceptional entry point.
Since November 8, 2018, Bitcoin has gone from $6,376 to $71,308 — a 11.2x 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.