If you invested $1,000 in bitcoin 10 years ago, you would have $10,000 today.

The price of a Bitcoin token reached $52,000 on Wednesday, marking the first time since November 2021.

In November 2022, the cryptocurrency was trading at less than a third of its current value, but it experienced a remarkable recovery.

Since the collapse of FTX, the largest cryptocurrency exchange at the time, the currency had lost more than 75% of its price. However, the price has since recovered, although it is still below its November 2021 peak of nearly $69,000.

The increase in price is mainly due to the January 11 launch of spot bitcoin ETFs, which enable regular investors to purchase a share of bitcoin on regulated stock markets instead of cryptocurrency exchanges.

The Securities and Exchange Commission's approval has legitimized the bitcoin industry and attracted renewed investor interest, as the value of all bitcoin in circulation exceeded $1 trillion for the first time since 2021 on Wednesday.

How much $1,000 invested in bitcoin is worth, based on purchase date

If you had invested $1,000 in bitcoin one, five or 10 years ago, here's how much your money would be worth now based on CNBC's calculations using the token's price of $51,793 as of Feb. 14.

• If you had invested $1,000 in bitcoin a year ago, it would have increased by 133% and be worth approximately $2,331 as of February 14th.
• If you had invested $1,000 in bitcoin five years ago, your investment would have grown by 1,352% and be worth approximately $14,524 as of Feb. 14.
• If you had invested $1,000 in bitcoin 10 years ago, it would have grown by 7,644% and be worth approximately $77,443 today.

If you invested $1,000 in bitcoin on Jan. 11, when the ETFs were launched, your investment would now be worth $1,113.

Do your research before investing

Financial experts typically advise against investing more than you're willing to lose in highly speculative cryptocurrencies, just as past performance doesn't guarantee future success.

A diversified investing strategy can include a small amount of crypto.

According to Chris Diodato, a CFP and founder of WELLth Financial Planning, it is advisable for most people to have a small stake in cryptocurrencies, which could be around 1% to 2% of their overall portfolio.

Although it has significant volatility, this investment doesn't generate cash flow like traditional investments, making it only worth as much as someone is willing to pay for it.

Instead of selecting individual stocks or assets, experts typically suggest investing in low-cost index funds or ETFs, which provide automatic diversification. For instance, when you invest in the S&P 500, you're essentially purchasing a portion of approximately 500 of the largest publicly traded companies in the U.S., so the success of your investment is not tied to a single company.

The S&P 500 has experienced significant growth since 2014, with an increase of approximately 172% within that time frame. Additionally, the index has grown by around 82% since 2019, and as of Feb.14, it is up about 21% compared with 12 months ago, according to CNBC's calculations.

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