If you invest $100 in Bitcoin today, don’t expect to make a fortune. However, you can still make a solid profit if your Bitcoin bet pays off.
Many people interested in cryptocurrency want to start with smaller amounts, which is reasonable considering that cryptocurrencies are risky investments. Cryptocurrency prices can fluctuate wildly in a short period of time — a 10% or even 20% drop or rise in a single day is not unheard of in the crypto market.
If you’re looking to take your first steps into the world of cryptocurrency, the most obvious choice is Bitcoin, the largest cryptocurrency on the market. If you’re asking yourself, “What if I invest $100 in Bitcoin today?” we’ll give you some context on what you can expect if you invest $100 in Bitcoin in 2024.
Key points:
- Investing $100 in Bitcoin today is unlikely to make you a fortune, but it could still yield solid returns in the long run.
- Historical data shows that Bitcoin investment returns have been declining over the years due to the growth of its market capitalization.
- The volatility of the cryptocurrency market can lead to significant price swings, with 30% daily fluctuations not uncommon.
- Despite the risk and volatility, Bitcoin’s potential upside, especially given the upcoming halving and the recent launch of a Bitcoin ETF, makes it a worthwhile investment option in 2024.
Can I invest $100 in Bitcoin today?
Yes, you can invest $100 in Bitcoin today. In fact, you can invest as much as you want, since you don’t have to buy 1 whole BTC. Most cryptocurrency exchanges will let you buy very small amounts of Bitcoin, even a few dollars. You can check out this guide to buying Bitcoin to get started, or click the button below, which will take you directly to Binance, one of the best cryptocurrency exchanges in the industry.
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How effective is a $100 Bitcoin investment?
In the table below, you can see how a $100 investment would have performed historically. For each year, we assume that the $100 was used to purchase BTC on January 1st, and the investment was held until September 2024.
Year | Bitcoin price on January 1st | BTC purchased with $100 investment | Investment value as of September 4, 2024 | Return on investment |
---|---|---|---|---|
2011 | 0,30$ | 333.33 BTC | $18.8 million | 188,333x |
2012 | 4.72$ | 21.18 BTC | 1.2 million dollars | 11,970x |
2013 | $13.30 | 7.5 BTC | $424,283 | 4,248x |
2014 | $768 | 0.13 BTC | $7,356 | 73x |
2015 | 320 dollars | 0.31 BTC | $17,541 | 176x |
2016 | 436 dollars | 0.22 BTC | $12,456 USD | 129x |
2017 | 960 dollars | 0.10 BTC | 5661 US Dollars | 58.8x |
2018 | 14,500 US dollars | 0.0068 BTC | 385 dollars | 3.89x |
2019 | 3800 US dollars | 0.026 BTC | $1,472 | 14.86x |
2020 | 7300 US dollars | 0.013 BTC | 735 dollars | 7.73x |
2021 | $29,200 USD | 0.0034 BTC | 192$ | 1.93x |
2022 | 47,800 US dollars | 0.0020 BTC | 113 dollars | 1.18x |
2023 | $16,630 USD | 0.0060 BTC | $339 | 3.39x |
2024 | $42,675 USD | 0.0023 BTC | 130 dollars | 1.32x |
The days when a small investment in Bitcoin could turn into a fortune are almost certainly over. Bitcoin’s market cap is simply too large to achieve the huge multiples that were possible when buying Bitcoin in 2011, 2012, and 2013.
At the time of writing, Bitcoin’s market cap is $1.12 trillion, having reached a new ATH of $69,000 earlier in 2024. Expecting 100x or even 10x returns on an asset that’s already that big is probably not the best idea. The only way that kind of return could be achieved is if Bitcoin shows high, sustained growth in the 2040s and 2050s.
At the time of writing, $100 would give you 0.00176 BTC. Let’s look at how today’s $100 investment in Bitcoin would work out in different scenarios.
Hypothetical return on $100 invested in Bitcoin (0.00176 BTC) on September 4, 2024 | ||
Bitcoin price | Cost of investment | Return on investment |
$69,000 (current all-time high) | 121 dollars | 1.22x |
100,000 US dollars | 176 dollars | 1.76x |
200,000 US dollars | 352$ | 3.52x |
500,000 US dollars | 880 dollars | 8.84x |
1 million dollars | 1769 US dollars | 17.69x |
It’s worth noting that there are quite a few cryptocurrency and traditional investors, including Kraken CEO Jesse Powell and Ark Investment Management’s Cathie Wood, who believe that not only could Bitcoin reach $100,000 or $200,000 price targets in the future, but that Bitcoin has a shot at hitting $1 million. However, reaching seven-figure status would require a much higher level of adoption than we see today, which could likely only be bolstered by central banks and other financial institutions replacing a significant portion of their fiat and gold deposits with Bitcoin.
Is Bitcoin Worth Investing In 2024?
While we’ve hopefully demonstrated that you shouldn’t expect to get rich by investing $100 in Bitcoin, that doesn’t mean Bitcoin won’t have any advantages as a cryptocurrency investment in 2024.
The first factor that may indicate that now is a good time to buy Bitcoin is the fact that the first Bitcoin ETFs were launched in the U.S. earlier this year. ETFs allow traditional investors to more easily gain exposure to Bitcoin. In turn, they provide additional liquidity and stability to the Bitcoin market. For context, Bitcoin ETFs have seen net inflows of $7.4 billion since they began trading in January.
The second factor in Bitcoin’s favor is that the Bitcoin halving occurred earlier in 2024. Bitcoin halvings have historically preceded Bitcoin market rallies, and holding some BTC right now could be a good idea if this trend continues.
Bitcoin has risen after every halving and has reached a new ATH in every cycle so far.
Additionally, Bitcoin remains the dominant player in the cryptocurrency market, with its market capitalization more than twice that of second-place Ethereum.
While Bitcoin doesn’t have all the fancy features that some of the newer entrants in the blockchain space are offering, the Bitcoin protocol has been proving itself to be a reliable and highly secure digital currency for over a decade. So if cryptocurrency has a future, Bitcoin will likely continue to play a very large role in it.
How much bitcoin should I buy?
The answer to this question will depend on your financial situation and risk tolerance. As we’ve said, investing smaller amounts in Bitcoin likely won’t yield life-changing results, but it can still be profitable. You can check out our Bitcoin profit calculator to see how much you’ll earn in different scenarios.
While Bitcoin is less risky than many other cryptocurrencies, it is still a high-risk investment when compared to traditional investments like stocks and bonds. In addition to the risk of price volatility, you also need to consider the risks associated with storing Bitcoin. Since Bitcoin transactions are irreversible, you will have very little recourse if your BTC is stolen. Therefore, it is also important to learn how to protect your cryptocurrency. The best way to keep your cryptocurrency safe is to use a hardware cryptocurrency wallet.
Always assess your financial situation before making any investment, and never invest more than you are prepared to lose.
Bitcoin Price Prediction 2024: BTC Could Exceed $150,000 By Year’s End
According to our algorithmically generated Bitcoin price forecast, the world’s largest cryptocurrency could see significant gains by the end of 2024. In fact, a $100,000 price target could emerge in the coming months.
Bitcoin is predicted to break the $100,000 mark by September and could possibly surpass $150,000 in December.
Please note that the above forecast is based on technical indicators collected in early November 2023 and may change significantly in the future, especially if unexpected market events occur that dramatically change investor sentiment.
If I invest $100 in Bitcoin today, how much will it be worth in 2025?
Based on the history of past halvings, Bitcoin is poised for a rally in late 2024 and 2025, which could see BTC reach a new ATH in the $100,000 range or even higher. If you invest $100 right now, your investment will be worth ~$150 if Bitcoin hits $100,000 in 2025. If it hits $200,000, as many analysts predict, your investment will be worth ~$300. At $1 million per coin, your $100 investment would turn into ~$1,500 (based on current prices).
Which cryptocurrency should I invest $100 in?
If you are looking to turn a relatively small amount, such as $100, into a large sum of money by investing in cryptocurrency, you will need to consider buying coins with a small market cap. However, you should be aware that this may be more like gambling than investing.
Typically, you will have to take higher risks to have the potential for higher rewards. This also applies to cryptocurrency. There are a number of risks associated with coins with low market caps, and these risks become more pronounced the lower the market cap:
- Low liquidity
- Projects are often in their early stages, so there is no guarantee that they will deliver on their promises.
- Many low market cap projects are generally of low quality
- Higher risk of fraud
Although there are many pitfalls, finding winners among low market cap coins can be very profitable. However, you are more likely to lose money than make a profit if you buy low market cap coins.
If you are not comfortable with low market cap cryptocurrencies, there are also some mid market cap cryptocurrencies that could explode in the future.
Bottom line: There’s nothing wrong with making a small investment in Bitcoin, but don’t expect life-changing returns from it.
Buying Bitcoin in 2024 could definitely be worth it if you believe in the long-term success of BTC. Bitcoin is currently trading as high as it has ever been, but there is reason to be optimistic about the further uptrend. For more information, check out our beginner’s guide on how to invest in Bitcoin.
The Bitcoin halving that will happen later this year could be a turning point for BTC markets and set the stage for a new bull run. In the meantime, Bitcoin is still considered the best long-term cryptocurrency to invest in.