• Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Sitemap
  • Submit
Regional Posts
No Result
View All Result
  • News
    • Sports
    • Politics
  • Business
    • Crypto
    • Marketing
  • Lifestyle
    • Entertainment
    • Fashion
    • Food
  • Tech
    • Gaming
    • Gadgets
  • Science
  • Health
  • Travel
  • World
Regional Posts
  • News
    • Sports
    • Politics
  • Business
    • Crypto
    • Marketing
  • Lifestyle
    • Entertainment
    • Fashion
    • Food
  • Tech
    • Gaming
    • Gadgets
  • Science
  • Health
  • Travel
  • World
No Result
View All Result
Regional Posts
No Result
View All Result
Home Crypto

How Bitcoin Has Performed Compared To Top Stocks

by S. Publisher
September 24, 2022
in Crypto
0
How Bitcoin Has Performed Compared To Top Stocks
551
SHARES
3.7k
VIEWS
Share on FacebookShare on Twitter

Bitcoin has grown to become one of the preferred investment options in recent times. Its popularity among investors can be credited to the returns the asset has brought in its decade of existence. It is one of the few assets that has consistently served as a hedge against inflation while bringing massive gains to its holders. Seeing these gains, more investors have wanted a bigger slice of the pie.

Up until 2009 though, bitcoin was not an investment option for anyone. Even then, it was still widely unknown to the general market. Stocks were at the forefront of investing minds at that point and investors had seen gains at various points.

READ ALSO

How to Make Money with Cryptocurrency

The Rise Of Crypto Portfolio Management Software

Related Reading | JPMorgan Analysts Put Ethereum Fair Value At $1,500, With Bullish Outlook For Bitcoin

Some stocks have been incredibly profitable over this period of time too. An example of that has been Tesla stocks, its success shooting ARK Invest CEO Cathie Wood into the limelight after her call on the stock had paid off. If you want to know more about stock investing, check out this comparison Motley Fool vs Stock Rover. Stock Rover is unique because it offers a powerful equity research platform. This service excels in stock comparison, portfolio analytics, and advanced charting.

Bitcoin Vs. Everyone Else

A lot of the assets traded in the financial market are far older than bitcoin. Still a preteen, the BTC market is still in its very early stages. Nevertheless, this has not stopped the growth of the asset, making it a top contender in financial markets. Comparing the top stocks and markets to BTC shows a glaring disparity in how much better the digital asset has performed compared to the others.

BTC price trading above $63K | Source: BTCUSD on TradingView.com

In the last decade, bitcoin has returned over 3,000,000% positive gains on its investments, according to this report from Watcher Guru. A single BTC cost as low as $0.0008 when it was initially released in 2009. Over the years, the asset has grown so much, hitting an all-time high of almost $67,000 in October.

In comparison, top-performing stocks show unimpressive returns. Tesla has been one of the best-performing stocks of the last decade, but even the automobile manufacturer’s gains do not come close to BTC’s returns. Tesla has returned 22,520%, Nvidia has returned 8,435%, and gold has seen a disappointing negative 14% return in the past 10 years.

Catching Up On Market Cap

Another interesting metric of comparison is the market cap of the top assets in the financial industry. BTC does not top this list as it does in terms of returns. However, the age difference of all of the assets on this list paints an interesting future for both the past and the future of the assets in this category.

Related Reading | The Fractal That Puts Bitcoin At $100,000 Before Year-End

Bitcoin, despite being only 12 years old at this point, has beat out well-known and long-running asset classes in terms of market cap. For one, BTC’s market cap is almost as large as that of Tesla. It also beats out the market cap of Facebook and Nvidia, both older than the digital asset in the market. Its $1.15 trillion market cap makes it a top contender in the financial markets

An interesting entrant in this list is Ethereum, the second-largest cryptocurrency by market cap. Ethereum which is only five years old boasts a market cap of $533 billion. This figure makes it a more valuable asset than big names like JPMorgan Chase, Visa, and Alibaba.

Featured image from Forbes, chart from TradingView.com

RF2 – Source by www.newsbtc.com

Share220Tweet138
Previous Post

3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL

Next Post

Elden Ring Closed Beta: Dates, Times, and What’s Included

Related Posts

How to Make Money with Cryptocurrency
Crypto

How to Make Money with Cryptocurrency

January 31, 2023
Crypto
Crypto

The Rise Of Crypto Portfolio Management Software

November 29, 2022
NFT business ideas
Crypto

NFT Business: 5 Great Ideas

November 24, 2022
Swiss and Dubai crypto associations team up
Crypto

Swiss and Dubai crypto associations team up

November 20, 2022
A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
Crypto

A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction

November 20, 2022
Ripple CTO lashes back at Vitalik Buterin for his dig at XRP
Crypto

Ripple CTO lashes back at Vitalik Buterin for his dig at XRP

November 20, 2022

POPULAR NEWS

Capitol Police Release New Video of Officer Lila Morris Beating Already Unconscious Rosanne Boyland with Stick on Jan. 6 -- But Video Is Super Pixilated to Protect Morris

Capitol Police Release New Video of Officer Lila Morris Beating Already Unconscious Rosanne Boyland with Stick on Jan. 6 — But Video Is Super Pixilated to Protect Morris

November 19, 2022
Euphoria Season 2: Maddy and Cassie's New Year's Eve Outfits

Euphoria Season 2: Maddy and Cassie’s New Year’s Eve Outfits

November 19, 2022
See Photos of Type O Negative's Peter Steele Through the Years

See Photos of Type O Negative’s Peter Steele Through the Years

November 19, 2022
Helena Citron was a prisoner at Auschwitz, the notorious concentration camp in Poland, when she was romanced by Nazi officer Franz Wunsch.

Movie reveals affair between Auschwitz prisoner, Nazi captor

November 20, 2022
Last Night in Soho's Costume Designer On the Movie's Fashion

Last Night in Soho’s Costume Designer On the Movie’s Fashion

November 19, 2022

EDITOR'S PICK

Weekend Digest: Can standing desks boost your productivity? Which ones to buy for your home office?

Can standing desks boost productivity? Which to buy

November 19, 2022
Brendan Fraser, Samuel D. Hunter, Sadie Sink, Hong Chau and director Darren Aronofsky

Brendan Fraser breaks down in tears, ‘The Whale’ receives standing ovation at Venice Film Festival

November 20, 2022
Everything you Need to Know About Sensory Processing Disorder (SPD)

Everything you Need to Know About Sensory Processing Disorder (SPD)

November 20, 2022
Apple 'passkeys' support in macOS Ventura and iOS 16 promise a passwordless future

Apple ‘passkeys’ support in macOS Ventura and iOS 16 promise a passwordless future

November 19, 2022

About

REGIONAL POSTS Web Magazine is an online magazine covering international news, politics, technology, health, education, and much more.Read More.

Follow Us

Submit a News | Write For Us

Feel free to contact us for submission queries. via contact form or email us at : [email protected]

  • Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Sitemap
  • Submit

© 2021 Regionalposts.com

No Result
View All Result
  • News
    • Sports
    • Politics
  • Business
    • Crypto
    • Marketing
  • Lifestyle
    • Entertainment
    • Fashion
    • Food
  • Tech
    • Gaming
    • Gadgets
  • Science
  • Health
  • Travel
  • World

© 2021 Regionalposts.com