Report post

How much would $1000 invested in Bitcoin look like now?

That means that an investor who had put $1,000 in bitcoin at the start of the year would have about $780 in their account right now after just a few weeks of holding the volatile asset.

Where does my Bitcoin go after I buy it?

As for where your bitcoin goes after you buy it, the options are: Into a Bitcoin wallet you control (ie. a 'self-custodial' wallet like the Bitcoin.com Wallet) Into a Bitcoin wallet someone else controls (eg. a centralized cryptocurrency exchange or a payment app like PayPal). Not your keys, not your bitcoin!

How much would you spend if you bought bitcoin every month?

You would have spent a total of $9.000,00 if you had bought $100 worth of Bitcoin every month, regardless of the fluctuating Bitcoin price, since July 1, 2013. If you checked your holdings on December 1, 2020, you would see approximately 14.46386288 Bitcoins.

How much would you have lost buying bitcoin in 2018?

This estimate does not include any additional fees or transaction costs. If you bought bitcoin at its high near $20,000, $15,000, or even at $10,000, though, you would have lost money: around $13,600, $8,600 or $3,600, respectively. CoinDesk: Bitcoin Price Index from Oct. 25, 2013, to Oct. 25, 2018

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts