According to Charlie Bilello, CEO and Founder of Compound Capital Advisors, over the past ten years, BTC has shown the best price performance among all asset classes.
Compound Capital Advisors CEO Charlie Bilello published on Twitter, data showing that bitcoin has shown the best price dynamics among all asset classes and has shown an increase of 20,037,142% over the past decade. Bilello compiled information on the performance of major asset classes using data from Ycharts.
Asset Class Returns over the Last 10 Years…
Data via @ycharts pic.twitter.com/yRvdkIX1BV
— Charlie Bilello (@charliebilello) March 13, 2021
Messari researcher Roberto Talamas commented published data and highlighted that BTC gives an average annual return of 230% – 10 times higher than the second-ranked asset class.
Note that the second place in the Bilello rating was taken by the Nasdaq 100 Index with an annual return of 20%, followed by Large Caps – shares of American companies with a market capitalization of more than $ 10 billion, with an average annual return of 14%. Small Cap had an average annualized return of 12.9%.
According to the rating, since 2011, gold has brought investors an average annual return of 1.5%, and this asset has been unprofitable for five of the last eleven years. According to Gold Price, the price of the precious metal has dropped 8.5% since the beginning of 2021. Since 2011, the cumulative rise in the price of BTC has been 20 million percent. 2013 was the most successful year for bitcoin – then it grew by 5,507%.
The data also shows that Bitcoin has shown an annualized loss for only two years in its history – BTC fell 58% and 73% during 2014 and 2018, respectively. Since the beginning of 2021, BTC has grown by 108%, and last weekend the price of the cryptocurrency reached a new record, exceeding $ 61,500.
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