This article is recommended for:
- Those curious about investing ¥10,000 in Bitcoin
- People wondering about the current status of past ¥10,000 Bitcoin investments
- Investors interested in understanding Bitcoin profits and tax implications
With Bitcoin recently reaching new all-time highs, many are considering cryptocurrency investments. Here at BITNAVI, our editor conducted a real-world experiment: purchasing ¥10,000 worth of Bitcoin to demonstrate what beginners can expect.
How I Bought ¥10,000 Worth of Bitcoin
Step 1: Account Setup on a Cryptocurrency Exchange
To begin Bitcoin investing, you'll need to open an account with a reputable exchange. For this experiment, we used Bybit, a popular platform among Japanese users known for its security and beginner-friendly interface.
Step 2: Identity Verification (KYC) and Two-Factor Authentication
After account creation, complete the KYC process and enable two-factor authentication (2FA) to unlock full trading capabilities.
Step 3: Purchasing Bitcoin
Several deposit methods are available:
Common Purchase Methods
- Bank transfer
- Convenience store payment
- Quick deposit
- Credit card payment
We recommend credit card purchases for instant transaction processing. Our editor used this method to buy ¥10,000 worth of Bitcoin through Bybit's "One-Click Buy" feature.
Purchase Notes
- Credit card transactions incur fees
- Set payment currency to JPY and receipt to BTC
- Pre-register card details for faster checkout
Step 4: Verifying Your Bitcoin Purchase
Confirm the transaction appears in your asset portfolio, indicating successful purchase.
Investment Results After One Year
In January 2024, we purchased ¥10,000 worth of Bitcoin at $43,875/BTC (≈¥6.12 million). Holding until 2025 when Bitcoin reached $70,000/BTC (≈¥11 million) resulted in:
- 59.54% price increase
- ¥7,974 profit ($57)
While the percentage gain is significant, the absolute profit remains modest due to the small initial investment. Consider these projected returns at different investment levels:
| Investment Amount (¥) | Potential Profit (¥) |
|---|---|
| 100,000 | 79,739 |
| 500,000 | 398,693 |
| 1,000,000 | 797,386 |
| 5,000,000 | 3,986,928 |
| 10,000,000 | 7,973,856 |
👉 Learn how to maximize Bitcoin investments
Personal Reflections on the Experiment
Key Takeaways from ¥10,000 Bitcoin Investment
- Regret about small investment amount - Larger sums could have yielded substantial returns
- Spot trading limitations - Buy-and-hold strategy offers slower wealth accumulation
- Market direction risk - Profits depended entirely on Bitcoin's price increase
- Missed bonus opportunities - Larger initial deposits qualify for exchange promotions
Bitcoin Investment FAQs
What if I held ¥10,000 Bitcoin for 10 years?
Assuming 59% annual growth (like our experiment), ¥10,000 could grow to ≈¥1.17 million. However, crypto volatility makes long-term predictions unreliable.
How much Bitcoin does ¥10,000 buy?
This varies by market price. At ¥6.12 million/BTC, ¥10,000 buys ≈0.00163 BTC.
Are profits taxable?
In Japan, cryptocurrency gains are classified as miscellaneous income. Even small profits may be taxable depending on total annual income.
What's the ¥10,000 Bitcoin Challenge?
A beginner-friendly way to experience crypto investing with minimal risk while learning market dynamics.
Where can I read investment experience blogs?
Many personal finance blogs document Bitcoin investment journeys. Our site also provides regular crypto investment updates.
Conclusion
Our experiment proved that:
- Buying ¥10,000 of Bitcoin is simple through regulated exchanges
- Percentage gains can be significant but absolute profits remain small with minimal investment
- Leveraged trading (like Bitcoin FX) may be better for small-scale investors seeking larger returns
For those interested in cryptocurrency trading, we recommend starting with reputable platforms like Bybit, which currently offers new users bonuses up to $30,000.
👉 Start your Bitcoin investment journey today