Over the past 10 years, Bitcoin has shed all asset classes by at least 10x.
The feat marked Charlie Bellilo, CEO and Founder of Compound Capital Advisors, who gathered metrics for the best asset classes using data from Ycharts.
In response to the results, Messari researcher Roberto Talamas assured that bitcoin generates an average of 230% of annual returns – more than 10 times higher than the second asset class.
The US Nasdaq 100 Index came in second with an annual return of 20%, followed by the large US companies – shares of US companies with a market value of over $ 10 billion – with an average annual return of 14%. Small Cap was the only asset class to have a double-digit annual return over the past decade of 12.9%.
The data also shows that since 2011, gold has offered a low 1.5% annual return, losing the asset in five of the last 11 years. According to the gold price, the price of precious metals has decreased by 8.5% since the start of 2021, which has raised great concern for Bitcoin discount and gold investor Peter Schiff.
Since 2011, BTC’s cumulative profit has been 20 million percent. 2013 was the best year for Bitcoin, as it gained 5.507%.
The data also shows that Bitcoin showed an annual loss in just two years of history, with BTC down 58% and 73% respectively during 2014 and 2018, respectively.
BTC has increased 108% since early 2021, and on Sunday, March 14th, the markets peaked at just over $ 61,500.