Many in the crypto community regret not being early adopters, like the whales who acquired millions in Bitcoin (BTC) or Ethereum (ETH) years or even over a decade ago.The crypto market has evolved so drastically that the infamous Bitcoin pizza, purchased in 2010, would now be worth nearly $600 million.Given these dramatic shifts—and with hopes that the 2024 bull market will pick up after the current lull—Finbold decided to explore the gains from a notable Bitcoin investment made 11 years ago.In 2013, a Reddit user named vz88fjj shared that they had invested their entire life savings—around $50,000—into Bitcoin.
How much would a Bitcoin investment from 2013 have appreciated? The investor, vz88fjj, felt confident in making such a substantial bet due to their youth and the potential to recover from any losses over time, hoping instead for significant appreciation.They also mentioned their intention to hold the Bitcoin for 5 to 10 years. Considering that Bitcoin was trading between $20 and $800 in 2013, it’s highly probable that this investment yielded substantial returns.
Had the user sold between 62 and 2,500 Bitcoins bought in 2013 for $50,000, they could have realized profits ranging from $187,500 to $25 million after 5 years. If they had held on for 10 years, their returns could have been as low as $1.43 million or as high as $105 million.
Finally, if vz88fjj had held onto the investment without selling any portion or losing the storage unit, their 2013 life savings could potentially be worth up to $150 million as of August 21.