If you had invested in Bitcoin in 2011, you would have received a 250,000% return on investment (ROI). Bitcoin’s performance has far outpaced other asset classes, a fact that many Bitcoin proponents highlight to potential investors.
For comparison, the S&P 500 has provided a 147% return on investment since 2011.
Another Investment Class
Bitcoin proponents, like prominent investor and entrepreneur Anthony Pompliano (@APompliano), often like to point to Bitcoin’s return on investment (ROI) figures to emphasize its potential as an investment class.
New feature for @onchainfx lets users track historical ROI for different assets!
— OnChainFX (@onchainfx) November 20, 2019
A new investment calculator from the market analysis platform, OnChainFX, lets users track the historical ROI for various asset classes and showcases Bitcoin’s growth. Examining Bitcoin’s price in 2011, where it was on average under $3, to its price now, which stands at roughly $6,650 (a bearish trend that has analysts determining where Bitcoin’s bottom stands at), we see that the ROI is a staggering 250,000% – outstripping any and every traditional asset class.
Contrast this performance with the S&P 500, which lists 500 major companies and is one of the most accurate representations of the US stock market, and the difference is stark. The S&P 500 index in 2011 was roughly 1254 and now stands at 3110. The ROI here is 147%. Given that the performance of Bitcoin in the same time frame has been so much better, and that diversification is simply a good investment practice, the decision to invest in the world’s first cryptocurrency speaks for itself.
Holding 99% cash and 1% Bitcoin over the last 10 years was a better investment than investing in the greatest stock market bull run in history.
Crypto will outperform…