I Invested $50 in Bitcoin in 2022: Here’s My Current Returns
Welcome to 2025! It’s January 1st, and as in the past few years, I’m here to talk about my Bitcoin investment journey. Back in 2022, I took the plunge and invested $50, the balance of my PayPal account, into Bitcoin after PayPal announced its move into the Bitcoin wallet space.
Initially, I was excited, but the volatility of Bitcoin quickly hit me. Within a week, my investment dropped by almost 14%. Two weeks later, it plunged by another 14%, leaving me down by 28% in just a month.
The rollercoaster continued, with my holdings hitting a low of 60% below my original investment by the six-month mark. Despite the losses, I resisted the urge to sell and left my account to its fate until the start of the next year.
When I checked my investment in January 2023, I was still down by a staggering 66%. The following year, in January 2024, there was a glimmer of hope as the value of my holdings nearly doubled from the previous July, but I was still in the red.
Fast forward to today, January 1, 2025, and my investment still stands. Despite not actively tracking it throughout 2024, I kept up with the news in the Bitcoin world. The year saw significant events like the Bitcoin halving process, which occurred on April 19, 2024. This process reduces the rewards for miners every 210,000 blocks, creating scarcity and impacting Bitcoin’s value.
So, what’s the bottom line for my $50 Bitcoin investment? It’s been a wild ride with ups and downs, but only time will tell how it fares in the future. Investing in Bitcoin remains a bold choice, and as always, it’s essential to stay informed and aware of the market trends.
