There is no doubt that Bitcoin was the best performing asset of the past decade. Bitcoin has come out on top of all other asset classes, over the last 10 years.
Charlie Bilello, Compound Capital Advisors’ CEO and founder, took to Twitter to note this important milestone. Bilello shared a list of how the top asset classes performed over the last decade, which clearly shows Bitcoin dominance.
Bitcoin was ranked the best performing asset over the last 10 years, with an annualised return of 230.6%; more than 10 times higher than the second best performing asset class (The U.S. NASDAQ 100 Index).
From 2011-2021, the data puts Bitcoin’s cumulative gains at a massive 20 million percent.2013 is said to be the best performing year for the digital asset, during which time it gained 5,507%.
Throughout the history of Bitcoin, there have only been two years where the digital asset has posted an annualised loss, in 2014 and 2018, where Bitcoin fell by 58% and 73% respectively.
The data also points out that Gold has made an annualised return of only 1.5% over the past decade, producing a loss in 4 of the past 10 years. During the first few months of 2021, Gold is showing a loss of 9.5%, while Bitcoin is up over 100%, boasting a new All-Time High just above $61,500.
Article by: Andrew Drake
Source: Global Crypto
