Back in 2011, when an American teen invested $1000 in Bitcoin, 1 BTC was just $12. 6 years later, when the teen investor turned 18, he surprised his parents with a whopping $1 million with that $1,000 investment in Bitcoin. However, things are slightly different now, especially when it comes to numbers. Bitcoin has risen to phenomenal heights over the last decade; if 1 BTC was a mere $12 in 2011, it is around $20,000 as of June 2022. So, the ROI might not be similar today even if you invest the same $1,000 in BTC that the teen millionaire had invested 11 years back. But then again, your expected ROI from the same amount of investment in Bitcoin is influenced by other factors too. Visit buy crypto
The post below offers a brief on how much ROI you might be able to expect with a $1,000 investment in Bitcoin.
Factors that will influence the ROI on investment
One of the best benefits of investment in Bitcoin is that you dont always need to buy 1 whole BTC totake part in the bluechip asset investment. As of June 2022, 1 BTC is equivalent to around $20,000. So, if you invest $1,000 in Bitcoin, you will receive something around 0.047 BTC. Now, lets look at the factors that would influence your ROI for a $1,000 investment in Bitcoin.
Current price of Bitcoin
Current price implies the real-time price of BTC when you decide to sell it off.
After reaching the second ATH in 2021, BTC swooped down below $33,000 at the start of 2022. Put simply, the price of Bitcoin, even before the May crypto crash, was around 40% down from its 2021 ATH. So, had you invested $1,000 in BTC in January 2022 or December 2021, you would have been left with a much lower $800 (on an average) in your account in June 2022. The coin is running at a loss at this moment.
Current price also implies the price of BTC when you buy it. For example, you might not be able to expect the same ROI with $1,000 investment in Bitcoin today compared to what the teen investor had received long back when he bought BTC with the same amount. Its because the price of Bitcoin has risen manifold over the last decade. Thus, if you make an investment in Bitcoin now, you will automatically receive less units of BTC than what you had received 11 years back.
The volume of BTC units will largely influence your ROI from investment in Bitcoin.
How long would you wait?
Bitcoin is an extremely volatile asset. So, while it can swing to highs in a short time, it can also stoop down to radical lows in just a few days of hitting a high. Thus, experts usually suggest long-term investment in Bitcoin.
Dramatic ups and downs are natural to volatile assets like Bitcoin.is maturing the sudden ups and downs are normal as it helps the industry to reach a balanced state. A large section of Bitcoin experts have stated that it was natural for Bitcoin to enter a bearish phase after its second ATH to settle at a balanced level. However, it takes some time for the coin to reach that state and reward investors with a powerful ROI for their investment in ROI.
If you take the example of the teen millionaire above, he too waited for 6 years to turn his $1,000 investment in Bitcoin into $1 million.
So, when you ask how much money you would be able to make with a $1,000 investment in Bitcoin, ask yourself how long you are ready to hold the coin. Odds are, you are likely to receive higher returns if you wait for a longer time. Put simply, if BTC seems to have taken a plunge, just wait till it recovers and rises.
But then again, its advised to keep a close watch on the market if you make an investment in Bitcoin or any other crypto for that matter. As mentioned previously, cryptos dont necessarily follow a pattern- they can be up and then down and again up almost at the drop of a hat. So, while long-term investments are preferred, you should make sure to keep a tab on daily market changes as well.
Bitcoin will rise
Are you wondering whether it would be right to make an investment in Bitcoin today as the BTC price has tanked and also the coin costs more now than it was 10 years back? Well, this is to assure you that Bitcoin is poised to rise to newer heights in near future. Odds are, you are in for sunny rewards for investment in Bitcoin.
Several crypto experts are extremely optimistic that Bitcoin is about to shoot up to $100,000 by the last lap of 2022. So, if you make a $1,000-worth investment in Bitcoin in June 2022, your investment might be worth a whopping $2,000 by the end of 2022. Some crypto experts have also said that if the coincant reach the $100,000 mark by the end of 2022, it will at least surpass $77,000. It would mean around 200% rise from the current price and handsome profit on $1000 investment in Bitcoin.
If you are aiming for long-term investment in Bitcoin, you might bag in much higher returns on $1,000 than what you will receive at the end of 2022. For example, Bitcoin is expected to touch around $120,000-$130,000 by 2025. Experts are also optimistic that Bitcoin is likely to touch $500,000 by 2030. It means if you make a $1,000 investment in Bitcoin, the return will be around 5x more than what you will receive at the end of 2022 if the coin reaches the $100,000 mark.
Final words
If you are gearing up for investment in Bitcoin, keep in mind the following tips-
You can buy Bitcoin from a reliable crypto exchange
You can buy with either debit or credit card
Please store Bitcoins in a cold wallet for optimum safety
