Bitcoin’s Q1 performance has outperformed other asset classes by a significant margin, with a 70% return compared to the S&P 500’s 5% and gold’s 7%. Over a three-year period, Bitcoin has shown a 300%+ return, compared to 51% for the S&P 500 and 20% for gold. Over ten years, Bitcoin has a return of 25,000%, making it the most outperforming asset class.
However, Bitcoin’s volatility cannot be ignored, and it has lost in comparison to other asset classes in the past two years. The COVID pandemic and the injection and removal of money from the economy are some factors that contributed to this loss. Despite this, Bitcoin has historically outperformed other asset classes over the long run.
Experts advise those looking for higher returns and have an appetite for risk to consider investing in Bitcoin and other cryptocurrencies. Bitcoin can not only protect investments but also provide higher returns. Gold and silver are also good options but are more suited for value preservation than for higher returns.
