The return on investment in Bitcoin over the past five years is 70 higher than that of stock markets
According to an analyst at Buy Shares, over the past 5 years, Bitcoin’s return is more than 70 times that of five key stock indices.
Since as of June 26, 2015, the MTC exchange rate was at the level of $ 257.06, and by June 26, 2020 rose to $ 9143.58, the profitability (ROI) for this period amounted to 3456.98%. At the same time, the average payback for shares of the S&P 500, Dow Jones, NASDAQ, Nikkei and Financial Times Stock Exchange 100 indices was 49.27%.
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Justinas Baltrusaitis believes that such a huge difference is associated with the suppression of cryptocurrency in the first years of its existence, which was replaced by the 2017 cryptocurrency. At the same time, the collapse of traditional markets against the backdrop of the coronavirus pandemic in 2020 contributed to the partial adoption of MTC as an alternative tool to preserve value.
The analyst adds that interest in bitcoin is increasing over time, and the status of the first digital currency contributes to an increase in profitability, despite significant risks.
HODL also contributes to the course. A recent study by Chainalysis also showed that more than half of all mined military-technical cooperation is held in the form of long-term investments, and only 19% of coins are used for regular trading.
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