Bitcoin Return Calculator – Investment on Any Date (and …

On this page we present a bitcoin return calculator. Enter dates in a range from July 17, 2010 until yesterday and we will estimate the annual and total return on any money invested in bitcoin. Enter a starting investment value and the bitcoin tool will guess the investment value on the final date.

Optionally, you can also adjust the bitcoin price return and final price for inflation. We use the CPI-U index, interpolated or extrapolated to find a bitcoin investment's value on your investment date.

The bitcoin return calculator uses data from Bitfinex via Quandl as well as historical bitcoin return data from Bitcoinity.

There are only a few options when using the bitcoin return calculator, but any small adjustments can have major effects on your results.

The bitcoin return calculator uses data from BitFinex and Bitcoinity. Wherever the Bitcoinity data includes multiple exchanges, we used the average daily bitcoin price on all exchanges. For the three gaps in the dataset 6/21/2011 - 6/22/2011, 6/24/2011 - 6/25/2011, and 6/27/2011 - 7/04/2011 we interpolated the available data to backfill bitcoin prices on those dates.

If there is both Bitcoinity Data and BitFinex data, the BitFinex data takes precedence. In practice, this means the recent data all comes from BitFinex.

Note that bitcoin markets don't "close" in the sense that a stock market might. Bitcoin closing prices are as reported by an exchange. On top of reporting differences, different exchanges may have different bitcoin prices for each date. Also, bitcoin can be extremely volatile intraday; note that the prices internal to our tool may be 10% or more different than the prices paid by some market participants in the same 24-hour period.

We believe the trends are correct for the tool, and it's a reasonably good guess at how a typical bitcoin investor would have performed between two dates. However, this tool is for informational or research purposes only. Do your own due diligence.

The bitcoin return results quoted should in no way be taken as advice on whether to invest in bitcoin or other cryptocurrencies. Cryptocurrencies, as an asset class, have demonstrated more volatility than any of the other investments we've featured on this site in calculator format. (See, for example, the Ethereum return calculator and Litecoin return calculator.)

For bitcoins, the time of day any bitcoin was bought or sold makes investor performance vary wildly. As we argued in the 2017 bitcoin return piece, bitcoin is closer to a speculation than an investment.

Bitcoin and other cryptocurrency investors have had extremely remarkable runs as well as harrowing drops. We'll repeat our advice: for the vast majority of investors, we recommend a regular asset allocation and passively managed index funds. However, if you do the research and still feel bitcoin makes sense in your portfolio, hopefully our calculator goes some of the way to easing your research burden.

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Bitcoin Return Calculator - Investment on Any Date (and ...