Over the past ten years, Bitcoin (BTC) has surpassed all asset classes by at least 10 times. бThe achievement was reported by Charlie Bilello, CEO and founder of Compound Capital Advisors, who compiled returns on major asset classes using Ycharts.
The Nasdaq 100 in the US came in second with an annualized return of 20%, followed by US stocks with market caps in excess of US $ 10 billion US Large Caps with an annualized return of 14%.
Small Cap was the only asset class to have achieved double-digit annual returns over the past decade at 12.9%.
Commenting on the findings, Messari researcher Roberto Talamas emphasized that bitcoin provides an average annual return of 230% – more than 10 times higher than that of the second asset class.
Asset Class Returns over the Last 10 Years …
Data via @ycharts
– Charlie Bilello (@charliebilello) March 13, 2021
The data also showed that since 2011, gold has brought a paltry annual return of 1.5%, with five of the last 11 years causing losses to the asset. The precious metal has dropped 8.5% since early 2021, much to the chagrin of Bitcoin critic and gold investor Peter Schiff, according to Gold Price.
Since 2011, BTC’s combined profit has been a whopping 20 million percent. 2013 was the most successful year for Bitcoin as it grew by 5507%.
In addition, it is important to note that BTC has shown an annualized loss in only two years of its history, with BTC falling 58% and 73% during 2014 and 2018.
BTC has grown 108% since early 2021, with quotes hitting a record high of around $ 61,800 on Sunday March 14th.
