₿ Bitcoin Gate Tools

What if you bought Bitcoin on November 24, 2024?

Bitcoin was trading at $98,670 on November 24, 2024. Here's what different investments would be worth today at $71,308.

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You invested

$100.00

on 2024-11-24

BTC price then

$98,670

0.001013 BTC bought

Value today

$72.27

BTC at $71,308

Loss

$-27.73

-27.7%

You invested

$500.00

on 2024-11-24

BTC price then

$98,670

0.005067 BTC bought

Value today

$361.34

BTC at $71,308

Loss

$-138.66

-27.7%

You invested

$1,000

on 2024-11-24

BTC price then

$98,670

0.010135 BTC bought

Value today

$722.69

BTC at $71,308

Loss

$-277.31

-27.7%

You invested

$5,000

on 2024-11-24

BTC price then

$98,670

0.050674 BTC bought

Value today

$3,613

BTC at $71,308

Loss

$-1,387

-27.7%

You invested

$10,000

on 2024-11-24

BTC price then

$98,670

0.101348 BTC bought

Value today

$7,227

BTC at $71,308

Loss

$-2,773

-27.7%

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Bitcoin on November 24, 2024 — Investment Analysis

On November 24, 2024, one Bitcoin cost $98,670. A $1,000 investment would have purchased 0.010135BTC. At today's price of $71,308, that holding would be worth $722.69 — a -27.7%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 24, 2024 would be worth approximately $722.69 today, representing a -27.7% return. Bitcoin's price on that date was $98,670, and it is now $71,308. This translates to owning approximately 0.010135 BTC.

Bitcoin was trading at approximately $98,670 on November 24, 2024. At today's price of $71,308, that represents a 0.7x increase.

A $100 Bitcoin purchase on November 24, 2024 at $98,670 per BTC would have grown to approximately $72.27 today — a -27.7% return over 2 years.

Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2024 at $98,670 resulted in a -27.7% return to date. This is one of the rare periods where a Bitcoin investment is still underwater.

Since November 24, 2024, Bitcoin has gone from $98,670 to $71,308 — a 0.7x 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.

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