Bitcoin Beats All Across the Board

A dolar invested in Bitcoin beats a dollar invested into anything and everything else. It kills me to hear friends and family say “I’m looking to invest some money in the stock market” and stll refuse to even think about Bitcoin. It is going to be hilarious hearing the “I should have listened” cries in the not-so-distant future

$1 Bitcoin investment beats gold and stocks despite 2020 gains

“Bitcoin (BTC) still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade.

In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin still trumps every macro asset when it comes to investment profits.

Fresh off its second best quarterly close on record, Bitcoin is up almost 50% in 2020, while gold has managed just half of that — 25.6%.

The S&P 500, an index with which Bitcoin has shown considerable correlation, is just 5.5% higher than at the start of January. Despite its increasing strength, the U.S. dollar has netted savers just 2.2% year-to-date returns, while oil is the big loser, with WTI crude down by almost 35%.”


Master Asked on October 6, 2020 in Bitcoin.
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