Bitcoin is the Most Profitable Asset in the Last 10 Years
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Bitcoin is the most profitable asset in the last 10 years
Bitcoin has shown the best performance among high-yielding assets.
For ten years, the value of the cryptocurrency has been adding at a record pace. Charlie Bilello, founder of Compound Capital Advisors drew attention to such a trend, using YCharts data.
The average annual return on BTC was 230%, more than ten times higher than any other asset class.
The second place was taken by the Nasdaq index, its yield was 20%. The top three were closed by shares of American companies, the capitalization of which exceeds $ 10 billion (14% per year).
Less profitable assets
The yield on investments in stocks of small companies was about 12.9%. Gold did not make it to the list of leaders at all, since the return on investment in this instrument has not exceeded 1.5% since 2011.
Over the past five years, holders of precious metals have suffered losses at all. For comparison, Bitcoin in its history brought losses to investors only twice – in 2014 and 2018 (-58% and -73%, respectively).
Since the beginning of January 2021, the value of BTC has added 108%. Recall that last weekend the bitcoin rate reached $ 61,700, now the cryptocurrency is trading slightly above $ 56,000.
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