• Bitcoin is up about 90% during 2019 so far, beating out any other asset class

Stocks are at all-time highs in the United States, with the Dow Jones Industrial Average (DJIA) over 28,000 points, and Bitcoin is down big since July, but Bitcoin is still the top-performing asset class of 2019 with a 90% gain this year so far. In comparison, the stock market is up about 20-30%, and all other asset classes like precious metals and bonds have seen even lower returns.

Even more impressively, since the launch of Bitcoin in 2009 the DJIA is up 329% and the S&P 500 is up 369%, and this is the longest and biggest stock bull run in history. However, Bitcoin has seen an astronomical price increase of 12 million per cent during the same period of time, and in reality, Bitcoin’s profit percentage approaches infinity since there was a time when Bitcoin was worth nothing and could be easily mined with little computing power, or even received via a faucet 5 Bitcoins at a time.

Although Bitcoin is highly volatile and has had some bad bear market years, long term, Bitcoin continues to beat out any other asset class, likely due to its relatively low liquidity and market cap in comparison to other asset classes.

 

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