Bitcoin in 2020: $7,200.17 Per Coin
The year everything changed. COVID-19 shut down the global economy. Bitcoin crashed to $3,800 in the March panic, then began a relentless climb. The Fed printed $3 trillion in months. Stimulus checks went out. MicroStrategy and Square bought Bitcoin for their balance sheets. By December, Bitcoin had broken its 2017 all-time high.
On January 1, 2020, one Bitcoin cost $7,200.17. At today's price of $73,071, that represents a 10x return. Here is what different investments would be worth.
The Math: $100, $500, and $1,000 Invested
$100 invested would have bought 0.0139 BTC, worth $1,015 today.
$500 invested would have bought 0.0694 BTC, worth $5,074 today.
$1,000 invested would have bought 0.1389 BTC, worth $10,149 today.
BTC price then: $7,200.17
BTC price now: $73,071
Return multiple: 10x
What This Actually Means for You
A 10x return sounds incredible, and it is. But hindsight makes everything look obvious. In 2020, buying Bitcoin still required going against the crowd. Most financial advisors called it a scam. The volatility was extreme. The infrastructure was clunky. The people who held through the drawdowns had conviction, not luck.
The lesson is not about regret. It is about dollar cost averaging — the strategy of buying a fixed amount on a regular schedule. It removes emotion from the equation. And historically, every four-year DCA window in Bitcoin has ended in profit. You do not need to buy the bottom. You just need consistency.
If you are wondering whether it is too late to buy Bitcoin, consider this: every year, people who bought the year before wish they had bought more. The best approach is to protect your savings from inflation by allocating what you can afford, and holding with a long time horizon.
Run Your Own Numbers
Want to see what a custom amount would be worth? Use the What If calculator to plug in any amount and any date. Or try the DCA calculator to see what regular weekly or monthly purchases would have grown to. If you are new to all of this, start here.