Bitcoin has received nearly 3,500% of investment returns since 2015, which is 70 times more than in the five traditional stock markets.
According to an article published on June 29 on the Buy Shares investor's website, data analyst Justinas Baltrusaitis says that from June 26, 2015 to June 26, 2020, the return on investment, or ROI, for Bitcoin was more than 70 times higher than the economy Times 100 stock markets, NASDAQ, Nikkei, S & P 500 and Dow Jones.
“During the reporting period, the profitability of Bitcoin amounted to 3,456.98%, since the price of Bitcoin in June 2015 was 257.06 US dollars, and by June 26 this year the price rose to 9 143.58 US dollars. On the other hand, the average return on investment on investment in distinctive indicators is 49.27%. ”
The return on an asset measures the return on investment in relation to value.
The return on investment for bitcoin holders is calculated by comparing the price at the time of purchase of the cryptocurrency with the current value. For those who chose HODL before the boom in December 2017, all investments should have a significant return on investment.
Why is Bitcoin beneficial?
Baltrusaitis suggested that the difference in return on investment may be due to improved Bitcoin (BTC) rules, which faced greater resistance in 2015 compared to 2020. However, the current epidemic may be partly responsible, as many see Bitcoin as an alternative repository of wealth. ” after the sudden collapse of traditional markets.
“Over the years, the popularity of Bitcoin has increased, and the state of the first cryptocurrency has greatly contributed to the high return on investment. Bitcoin's profitability is high, despite the fact that constant investment in cryptocurrencies has a significant risk of losses. Cryptocurrency valuation fluctuates. As a result, investors may lose more than their initial investment. ”
The Cointelegraph reported that some analysts have noted that Bitcoin is still more or less connected to traditional markets, such as the S & P 500. Any collapse affecting traditional stocks or assets may cause the cryptocurrency market to go into a bearish situation. as happened during the March massacre.