What would you have made by investing after Bitcoin’s most infamous price drops?

Bitcoin price drops

In its (relatively) short life, Bitcoin is estimated to have died over 300 times. After each occasion, the pre-eminent cryptocurrency has returned to climb to new (and higher) values.

While there’s little guarantee as to which direction Bitcoin might head in the near future, history reveals that investors who committed to the original cryptocurrency have been rewarded again and again in the past.

With recent price stresses provoking the question, we’re left to ask – what would you have made if you’d invested after three of Bitcoin’s most violent price dips?


In 2012, Bitcoin suffered its first major price retraction. From August 17th to August 19th, Bitcoin retracted from trading above the $16 USD mark and fell to $7.10 USD.

The early tumble has historically been attributed to early Bitcoin user Priateat40’s decision to cease accepting Bitcoin payments.

If you’d invested in Bitcoin that early on, you’d have stood the chance of being one of the first Bitcoin millionaires – for an investment of $1,000 USD on August 19th, you would have 125 Bitcoin – worth $779,213.8 today.

Isn’t that nauseating?


Over the course of three days in April of 2013, Bitcoin’s price suddenly crumbled from as much as $259 USD to $45 USD – an 83% collapse. Attributed to a sudden deluge of media attention, the incident marked some of the first and most prominent claims surrounding Bitcoin’s status as a volatile asset.

If you’d elected to take the plunge regardless, how much would you have made today?

For an investment of 1,000 USD on April 12th of 2013, you would have 8.55 Bitcoin which would be worth $53,279.6 today. That’s a tidy profit of +$52,279.6 USD.


The tail end of 2013 through to 2015 saw Bitcoin’s first protracted bear market, which ran for 411 days. The result of Mt Gox’s collapse, Bitcoin’s price plummeted from $1,163 USD down to $152 US.

That’s a collapse of -87%.

Though Mt Gox was the largest and most prominent cryptocurrency exchange at the time, had you elected to plunge $1,000 USD into Bitcoin, you’d have 5.61 Bitcoin today.

In total, that’d amount to $35,001.2 today – making for a profit of +$34,001.2 USD and a return on investment of 3,400.1%).

Related Articles

Should Beijing look at its crypto ban? A former bank member believes so

A former member of the Monetary Policy Committee at the People’s Bank of China believes the ban on China should be reconsidered.

United Kingdom riddled with crypto scams

Owing to the lack of regulation and restriction in the United Kingdom, fraudulent companies have been flocking to the country.

US lawmakers seek answers from Silvergate about FTX link

United States senators have requested information from Silvergate Capital regarding the firm's association with FTX.

Bitcoin value in Nigeria surges as cash-free society initiative expands

The adoption rate of cryptocurrency in Nigeria hits new highs and the price of Bitcoin has hit a more than 60% premium.

See All