Bitcoin (BTC) Profit Calculator: If I had Invested in Bitcoin Calculator...
If I Bought Bitcoin Calculator
If I brought Bitcoin calculator. Choose a date and USD investment amount and calculate your return immediately.
Bitcoin has grown in popularity over the years. Its recent unprecedented highs have made it even more common for Bitcoin to appear in headlines. This has led to many people looking for a Bitcoin profit calculator, another way to know how much they have earned from Bitcoin, or even an “if I had invested calculator” to show the profits they missed out on.
Bitcoin Profit Calculation
You can find various BTC profit calculators online, including those that let you input the amount of money you would have invested and when you would have invested it. These calculators will tell you what your profit would have been, both in dollars or BTC, and the percentage.
For example, if you had invested $100 in Bitcoin on July 17, 2010, you would have made $64,831,126.01 for a 64,831,126.01% return.
How to Calculate Your Bitcoin Return
If you want to know the profits from your BTC investment, you can also do some simple math yourself. You would just subtract the total value of the Bitcoin when you bought it from the value when you sold it. That calculation will only be as straightforward as it sounds if you know both figures in fiat currency.
For example, if you know you bought $100 worth of Bitcoin and later sold it for $500 without buying or selling any other Bitcoin, you could calculate your profits as follows. Profits = $500 – $100 = $400.
If you are just looking at the price of Bitcoin on the days you bought and sold it, remember to account for how many Bitcoin you owned. In this case, Profit = (Number of Bitcoin Owned) x (Price Sold – Price Bought)
For example, you have 10 Bitcoin and bought them when Bitcoin was at $1,000 and sold them when it was at $10,000, you could do the following calculations. Profit = 10 x (10,000-1,000) = $90,000.
To get a more accurate figure, your Bitcoin calculator should also ask about any fees you paid, including gas used for Bitcoin transactions.
What Determines the Price of Bitcoin?
In the simplest terms, Bitcoin’s price depends on supply and demand. If there is more demand, the price will increase. The price drops if there is less demand.
However, the factors that go into supply and demand can be somewhat complicated. These include how much Bitcoin mining costs, how many other cryptocurrencies there are, regulations, internal governance, and availability.
Why It Still Makes Sense to Invest in BTC
Even with its recent spike, investing in BTC still makes plenty of sense. When you use a crypto profit calculator in the future, you are unlikely to regret your decision. Of course, there is no way to predict the future of Bitcoin, but experts are still optimistic.
One of the biggest reasons experts still encourage people to invest in BTC is its increasing adoption. Data from 2020 show that more people were using the Bitcoin wallet, with 62 million wallets in November 2020 compared to just 43 million the year before. This figure doesn’t account for people using custodial wallets.
That adoption even extends to Wall Street, where Bitcoin is increasingly being included. From Bitcoin CFDs to crypto-related investments to a growing number of investors directly buying Bitcoin, its adoption is growing on Wall Street and in other areas.
It Fits the Macro Climate
Experts also agree that Bitcoin is well-suited to the current macro climate. This use case of Bitcoin should lead to even higher adoption in the future, especially with the current financial crisis caused by the pandemic. The pandemic has also triggered a unique global response, furthering the macro climate.