If you had bought $100 in March 2020, you would have gotten 0.015625 Bitcoins.
Photo: Dmitry Kalinovsky / Shutterstock
If you bought Bitcoin, in March 2020, which was a time when it had a significant drop, you should know that you could still have had some returns today.. And it is that, precisely because it is a very volatile asset, it has recently enjoyed a good recovery in its price.
The amount of money you would have today if you had invested $100 in Bitcoin in March 2020 is: $448.44.
The average price of Bitcoin in March 2020, three years ago, was $6,400, according to Statista data. In that month the cryptocurrency had a strong fall of 24.8% of its value.
If you had bought $100 at that time, you would have gotten 0.015625 Bitcoins.
At the time of publication of this note, the value of Bitcoin is around $2,700 dollars.
This means that your 0.015625 Bitcoins would be worth $448.44 today.
This means that your investment would have multiplied approximately 4.48 times from March 2020 to 2023.
In other words, your investment would have increased by 348.44%.
To give you another example, if you had invested $1,000 instead of $100, you would have $4,484.38 today.
Keep reading:
How much money would you have if you had bought just $1 worth of Bitcoin in 2012?
A man hides $3.4 billion worth of Bitcoin in a can of Cheetos popcorn
· Why Bitcoin goes up and down in price so much
