What if you bought Bitcoin on April 29, 2020?
Bitcoin was trading at $8,513 on April 29, 2020. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2020-04-29
BTC price then
$8,513
0.011746 BTC bought
Value today
$837.60
BTC at $71,308
Profit
+$737.60
+737.6%
You invested
$500.00
on 2020-04-29
BTC price then
$8,513
0.058731 BTC bought
Value today
$4,188
BTC at $71,308
Profit
+$3,688
+737.6%
You invested
$1,000
on 2020-04-29
BTC price then
$8,513
0.117463 BTC bought
Value today
$8,376
BTC at $71,308
Profit
+$7,376
+737.6%
You invested
$5,000
on 2020-04-29
BTC price then
$8,513
0.587313 BTC bought
Value today
$41,880
BTC at $71,308
Profit
+$36,880
+737.6%
You invested
$10,000
on 2020-04-29
BTC price then
$8,513
1.1746 BTC bought
Value today
$83,760
BTC at $71,308
Profit
+$73,760
+737.6%
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Bitcoin on April 29, 2020 — Investment Analysis
On April 29, 2020, one Bitcoin cost $8,513. A $1,000 investment would have purchased 0.117463BTC. At today's price of $71,308, that holding would be worth $8,376 — a +737.6%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 April 29, 2020 would be worth approximately $8,376 today, representing a +737.6% return. Bitcoin's price on that date was $8,513, and it is now $71,308. This translates to owning approximately 0.117463 BTC.
Bitcoin was trading at approximately $8,513 on April 29, 2020. At today's price of $71,308, that represents a 8.4x increase.
A $100 Bitcoin purchase on April 29, 2020 at $8,513 per BTC would have grown to approximately $837.60 today — a +737.6% return over 6 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2020 at $8,513 resulted in a 737.6% return to date. This was a strong entry point.
Since April 29, 2020, Bitcoin has gone from $8,513 to $71,308 — a 8.4x 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.