This post was most recently updated on September 18th, 2020
According to Calendar Profit, a research-driven social media platform, Bitcoin is in an extremely strong position, showing a near 98% profitability for long-term investors since its launch in 2013.
— When was buying Bitcoin profitable? (@CalendarProfit) August 19, 2020
How Profitable Is Bitcoin As An Investment?
According to Calendar Profit’s research, this means that 97.6% of all Bitcoin tokens which have not been spent, sold, transacted or traded are profitable to their owners. Essentially, this means that only 2.4% of Bitcoin unspent transaction outputs (UXTOs) were created at a time when Bitcoin’s value was higher than its current price.
As an investment, looking at the data and the history of the token, those who bought the cryptocurrency and have held onto their Bitcoin without selling are looking at profits. If investors had bought Bitcoin at the time of its launch, they would be looking at a whopping 8 557,75% return on that investment (ROI) according to CoinMarketCap. Over the past ten years, Bitcoin price has grown from an initial value of $65,53 USD to see an all-time high of $20 089,00 USD in December of 2017. At the time of writing, Bitcoin price is at $11 713,94 USD. This means that any investors who bought Bitcoin before the peak at a price lower than present will be looking to profit if they sell their tokens now. As per Calendar Profits, this is a high majority of Bitcoin investors as those who bought while it was high have possibly sold or traded their tokens.
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