The property performs its best over the past decade

The property performs its best over the past decade

Loading


2021-03-25 19:38:54

– Advertisement –

In the past ten years, Bitcoin has beaten all competitors to become the best performing asset in the past decade.

This milestone was noted by the CEO and founder of Compound Capital Advisors, Charlie Bilello, who aggregated the performance of top asset classes using data from Ycharts.

Responding to this finding, Messari researcher Roberto Talamas stressed that Bitcoin made an average annual return of 230 percent – 10 times higher than the second-ranked asset class.

The US Nasdaq 100 Index ranks second with an annual return of 20%, followed by US Large Caps – shares of US-based companies with a market cap in excess of $ 10 billion – with an average annual yield of 14%.

The data also shows that gold has been making relatively low annual returns, at just 1.5% since 2011, with 5 out of 11 years of losses. According to Gold Price, the precious metal has fallen 8.5% since the beginning of 2021.

Since 2011, BTC’s cumulative gain equates to a whopping 20 million percent. 2013 was Bitcoin’s best year, when it was up 5,507%.

Data also shows that Bitcoin has only twice seen annual losses in its history, at -58% and -73% in 2014 and 2018, respectively.

Since the beginning of 2021, BTC price was up 108%, with the market hitting an all-time high at approximately $ 61,500 on Sunday, March 14.


Maybe you are interested:



#property #performs #decade

Leave a Reply

Your email address will not be published. Required fields are marked *