Bitcoin BTC/USD is the largest cryptocurrency by market capitalization. The nearly decade-old coin’s history is marked by volatility but it has rewarded early holders phenomenally.
On July 17, 2010 — from when some of the earliest price data is available — BTC traded at $0.09, while it touched an all-time high of $68,789.63 on Nov.10, 2021.
This year, Bitcoin has yet to chart massive moves on the upside and the coin has declined 16.75% on a year-to-date basis.
See Also: How To Buy Bitcoin (BTC)
The Investment: As we come to the end of the long holiday weekend marked by Good Friday and Easter Sunday, let’s assume an investor purchased $100 worth of BTC last Easter (April 4, 2021) when the apex coin fell. Here’s how much they would have now at press time when Bitcoin was trading at $39,764.36.
| Date Of Purchase/Listing | Purchase Amount | Purchase Price | Coins Obtained | Current Worth | Percentage Change |
|---|---|---|---|---|---|
| April 4, 2021 | $100 | $39,764.36 | 0.0017019 | $67.67 | -32.32% |
The investor would have lost $32.33 or over 32% of their $100 investment if they had entered the apex coin on Easter Sunday last year.
If Bitcoin returns back to its all-time highs, the same $100 worth of investment could still see some decent upside.