What if you bought Bitcoin on November 28, 2024?
Bitcoin was trading at $97,940 on November 28, 2024. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2024-11-28
BTC price then
$97,940
0.001021 BTC bought
Value today
$72.81
BTC at $71,308
Loss
$-27.19
-27.2%
You invested
$500.00
on 2024-11-28
BTC price then
$97,940
0.005105 BTC bought
Value today
$364.04
BTC at $71,308
Loss
$-135.96
-27.2%
You invested
$1,000
on 2024-11-28
BTC price then
$97,940
0.010210 BTC bought
Value today
$728.08
BTC at $71,308
Loss
$-271.92
-27.2%
You invested
$5,000
on 2024-11-28
BTC price then
$97,940
0.051052 BTC bought
Value today
$3,640
BTC at $71,308
Loss
$-1,360
-27.2%
You invested
$10,000
on 2024-11-28
BTC price then
$97,940
0.102103 BTC bought
Value today
$7,281
BTC at $71,308
Loss
$-2,719
-27.2%
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Bitcoin on November 28, 2024 — Investment Analysis
On November 28, 2024, one Bitcoin cost $97,940. A $1,000 investment would have purchased 0.010210BTC. At today's price of $71,308, that holding would be worth $728.08 — a -27.2%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 28, 2024 would be worth approximately $728.08 today, representing a -27.2% return. Bitcoin's price on that date was $97,940, and it is now $71,308. This translates to owning approximately 0.010210 BTC.
Bitcoin was trading at approximately $97,940 on November 28, 2024. At today's price of $71,308, that represents a 0.7x increase.
A $100 Bitcoin purchase on November 28, 2024 at $97,940 per BTC would have grown to approximately $72.81 today — a -27.2% return over 2 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2024 at $97,940 resulted in a -27.2% return to date. This is one of the rare periods where a Bitcoin investment is still underwater.
Since November 28, 2024, Bitcoin has gone from $97,940 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.