And a recent study by Deutsche Bank found that about a quarter of Bitcoin investors believe Bitcoin prices will be over $110,000 in five years. The volatility is nothing new, and is a big reason experts say new crypto investors should be extremely cautious when allocating part of their portfolio to cryptocurrency.
Read moreIs it worth investing $500 in Bitcoin?
A $500 investment would be approximately 1.05% of a Bitcoin . Bitcoin hitting $100,000 would be a 110.19% increase in value. This would provide you with a $550.93 in equity over your initial investment. So, your ~1.05% of a coin would be worth $1,050.93, minus any fees.
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