Bitcoin has become the most profitable asset of the last decade

Bitcoin’s profitability over the past ten years exceeds that of any other asset class by at least 11 times.

According to Compound Capital Advisors, BTC has an average annual return of 230% and a total of about 20 million percent. The record year was 2013, when the cryptocurrency grew by 5507%, and 2014 and 2018 were unprofitable, with a fall in the rate by 58% and 73%, respectively. Since January 1, the price of bitcoin has increased by more than 100%, reaching a record $ 61.6 thousand on Sunday.

The second place in the ranking of profitability of popular assets is taken by the NASDAQ-100 index with an indicator of 20%. The CEO of the company said that during this period, the BTC yield was at least 17 times higher than that of the shares of any American company..

Bitcoin has become the most profitable asset of the last decade

Over the past decade, the price of gold has increased by an average of 1.5% per year, and over this period, following the results of five years, it was a loss-making asset. Since the beginning of this year, the precious metal has fallen by 8.5%, which prompts investors to look for alternative options for preserving the cost of capital.

According to a recent study JPMorgan Chase, 1 in 5 Institutional Investor Plans to Buy Cryptocurrency.

text: Ivan Malichenko, photo: Bigstock

Bitcoin has become the most profitable asset of the last decade

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