I invested $50 in Bitcoin in 2022, and it’s been a ride. Here’s how much I have now
ZDNETWelcome to 2025. It’s Jan. 1, and this is my first article of the year. As I have in every first article since 2022, I’ll be talking about Bitcoin. Specifically, I’ll discuss how much money I gained or lost on my vast Bitcoin holdings over the previous 12 months.To put this into perspective, let me define what I mean by “vast.” On Jan. 1, 2022, after a celebratory New Year’s Eve filled with whatever was playing on BritBox that evening, I decided to take the plunge. I decided to invest my entire PayPal account balance into Bitcoin.Also: 4 top personal finance apps for Linux that run on MacOS and Windows, tooPayPal, you see, had just announced that it would become a Bitcoin wallet provider. That meant all I had to do was give up even more personal identifying information than I normally do to PayPal, along with my PayPal balance, and I would become the proud owner of what was then slightly more than 0.001 of a Bitcoin. My start with Bitcoin During the process of setting up my Bitcoin investment on that cold and cloudy morning, I regained some degree of self-control and perspective. Rather than putting my entire PayPal balance of $64 into Bitcoin, I decided to invest a more sane $50 (plus the $1.15 in fees PayPal demands for its always-so-helpful participation in any transaction).That self-control came in clutch when, after just a week, my holdings dropped almost 14%. More