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Bitcoin has had 6 out of 8 bullish Octobers since 2013. Cumulative gain returns 31,377%.

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by COINS NEWS 197 Views

Year Price 30/09 Price 31/10 Gain % Cumulative Gain %
2013 137.74 196.44 42.6% 42.6%
2014 377.18 354.70 -6.0% 157.5%
2015 232.76 325.43 39.8% 136.3%
2016 600.83 701.86 16.8% 409.6%
2017 4,403.74 6,153.85 39.7% 4,629.1%
2018 6,625.56 6,486.38 -2.1% 4,609.1%
2019 8,104.19 9,551.71 17.9% 6,834.6%
2020 10,775.27 13,031.17 20.9% 9,360.7%

Right now Bitcoin price is $43,356, which is around 4 times of closing Sep-2020 price of $10,775.

Someone who has bought a whole Bitcoin in Sep-2016 for $600.83 and still holding now, is sitting on a 7,116% return.

Someone who bought a whole Bitcoin in Sep-2013 and still holding now, is sitting on 31,377% return.

Don’t need to go back that far, let’s say someone who put the whole stimulus cheque last year into Bitcoin.

24 Apr 2020: Bitcoin price was $7,680. Individual taxpayer got $1,200, which is 0.15625 Bitcoin. The amount is now worth $6,774.

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