If you invest $100 into Bitcoin today, don’t expect to make a fortune. However, you could still make some solid gains if your bet on Bitcoin pays off.
Many people who are interested in crypto would like to get started with smaller amounts, which is entirely reasonable given that cryptocurrencies are risky investments. The prices of cryptocurrencies can go through large fluctuations in a short period of time—a 10% or even 20% price drop or gain in a single day is not unheard of in the cryptocurrency market.
If you’re looking to make your first steps into the world of crypto, the most obvious choice would be Bitcoin, the biggest cryptocurrency on the market. If you’re asking yourself, “What if I invest $100 in Bitcoin today?” we’ll provide you with some context of what you can expect if you invest $100 in Bitcoin in 2024.
Key highlights:
- A $100 investment in Bitcoin today is unlikely to yield a fortune but could still offer solid gains in the long run.
- Historical data shows diminishing returns on Bitcoin investments over the years due to its increased market capitalization.
- Cryptocurrency market volatility can lead to significant price swings, with 30% fluctuations in a day not uncommon.
- Despite its risk and volatility, Bitcoin’s potential growth, especially with the upcoming halving event and the recent launch of Bitcoin ETFs, makes it a noteworthy investment option in 2024.
Can I invest $100 in Bitcoin today?
Yes, you can invest $100 into Bitcoin today. In fact, you can invest as little as you’d like, as you don’t have to buy 1 whole BTC. Most cryptocurrency exchanges will allow you to buy very small amounts of Bitcoin, even just a few dollars’ worth. You can check this Bitcoin buying guide to get started or click on the button below, which will take you directly to Binance, one of the best crypto exchanges in the industry.
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How far can a $100 investment into Bitcoin go?
In the table below, you can see how an investment of $100 would have performed historically. For each year, we assume that the $100 was used to purchase BTC on January 1, and the investment was held until September 2024.
The days of a small investment into Bitcoin having the potential to transform into a fortune are almost certainly over. The market capitalization of Bitcoin is simply too large to achieve the massive multiples that were possible when buying Bitcoin in 2011, 2012, and 2013.
At the time of writing, Bitcoin has a market capitalization of $1.12 trillion, having reached a new ATH of $69,000 earlier in 2024. Expecting a 100x or even a 10x return from an asset that’s already this large probably isn’t the best idea. The only way such returns would be achievable is if Bitcoin pulls off high sustained growth into the 2040s and 2050s.
At the time of writing, $100 will get you 0.00176 BTC. Let’s explore how a $100 investment in Bitcoin today would perform across different scenarios.
It is worth noting that there are quite a few crypto and traditional investors, including Kraken CEO Jesse Powell and Ark Investment Management’s Cathie Wood, who believe that Bitcoin could not only reach the $100,000 or $200,00 price targets in the future but that Bitcoin has a chance of reaching $1 million. However, attaining the 7-figure status will require much higher levels of adoption than what we see today, which could likely only be fueled by central banks and other financial institutions replacing a large chunk of their fiat and gold deposits with Bitcoin.
Is it worth investing in Bitcoin in 2024?
Even though we’ve hopefully demonstrated that you shouldn’t expect to strike it rich with a $100 investment in Bitcoin, that doesn’t mean that Bitcoin doesn’t have anything going for it as a crypto investment in 2024.
The first factor that could indicate that now is a good time to buy Bitcoin is the fact that earlier this year, the first Bitcoin ETFs launched in the US. ETFs allow traditional investors to gain exposure to Bitcoin more easily. In turn, they provide extra liquidity and stability to the Bitcoin market. For context, since they started trading in January, there has been $7.4 billion in net inflows in Bitcoin ETFs.
The second factor going in favor of Bitcoin is that the Bitcoin halving happened earlier in 2024. Bitcoin halvings have historically preceded rallies in the Bitcoin markets, owning some BTC right now could prove to be a good idea if this trend continues.
Bitcoin rallied after each halving and reached a new ATH every cycle so far.
In addition, Bitcoin remains the dominant player in the cryptocurrency market, and its market capitalization is more than twice as large as that of the second-ranked Ethereum.
Even though Bitcoin doesn’t quite have all the fancy features that are offered by some of the newer contenders in the blockchain space, the Bitcoin protocol has been proving itself for well over a decade as a highly robust and reliable digital currency. So, if there is a future for cryptocurrency, Bitcoin will likely continue playing a very large role in it.
How much Bitcoin should I buy?
The answer to this question will depend on your financial situation and risk tolerance. As we’ve already covered, investing smaller amounts into Bitcoin likely won’t result in life-changing results but could still deliver a profit. You can check out our Bitcoin profit calculator to see how much you would earn in different scenarios.
Even though Bitcoin is less risky than many other cryptocurrencies, it’s still a high-risk investment if we compare it to traditional investments like stocks and bonds. In addition to the risk of price volatility, you also need to consider the risks associated with Bitcoin storage. Since Bitcoin transactions are irreversible, you’ll have very little recourse if your BTC gets stolen. So, it’s also important to learn how to secure your crypto. The best way to keep your cryptocurrency safe is by using a hardware cryptocurrency wallet.
Always consider your financial situation before making any investments, and never invest more than you are willing to lose.
Bitcoin price prediction 2024: BTC could surpass $150,000 by the end of the year
According to our algorithmically generated Bitcoin price prediction, the world’s largest cryptocurrency could see a massive move to the top toward the later parts of 2024. In fact, a $100,000 price target could potentially be in the cards in the coming months.
Bitcoin is predicted to break the $100,000 mark by September and potentially surpass $150,000 in December.
Keep in mind that the above prediction is based on technical indicators collected in early November 2023 and could change considerably going forward, especially if unexpected market events occur that would drastically change investors’ sentiment.
If I invest $100 in Bitcoin today, how much will it be worth in 2025?
If the history of past halvings is any indication, Bitcoin is primed for a rally in late 2024 and 2025, which could see BTC reach a new ATH in the $100,000 range or even higher. If you invest $100 right now, your investment would be worth ~$150 if Bitcoin hits $100k in 2025. If it reaches $200,000, as many analysts forecast, your investment would be worth ~$300. At $1 million per coin, your $100 investment would turn into ~$1,500 (based on current prices).
Which crypto should I invest $100 in?
If you are looking for a chance to turn a relatively small amount, such as $100, into a large amount of money through investing in crypto, you’ll have to consider buying coins with a small market capitalization. However, you should keep in mind that this can be more akin to gambling than investing.
Typically, you will have to take on higher risks to have the potential for higher rewards. This also applies to crypto. There are a number of risks associated with low market cap coins, and these risks get more pronounced the lower in the market cap you go:
- Low liquidity
- Projects are often in their early stages, so there’s no guarantee that they will deliver on their promises
- Many low market cap projects are of poor quality overall
- Higher risk of scams
While there are a lot of pitfalls, finding a winner among low-market-cap coins can be very lucrative. Still, you’re more likely to lose money than make a profit if you buy coins with low market capitalizations.
If you’re not comfortable with low market cap cryptocurrencies, there are also some mid-market cap cryptocurrencies that could explode in the future.
The bottom line: There’s nothing wrong with making a small investment in Bitcoin, but don’t expect life-changing gains
Buying Bitcoin in 2024 can definitely be worth it if you believe in the long-term success of BTC. Bitcoin is currently trading as high as it ever did, but there are reasons to be optimistic about a further uptrend. For more information, check our beginner’s guide on how to invest in Bitcoin.
The Bitcoin halving coming later this year could represent a turning point for the BTC markets and provide the foundation for a new bullish rally. Meanwhile, Bitcoin is still considered the best long-term cryptocurrency to invest in.