A summary of macro investment performance since 2011 underscores Bitcoin as the ultimate winning punt.6240Total views33Total sharesListen to article3:14
MARKETS NEWS
Bitcoin (BTC) is “eating the world” thanks to 10-year returns of over 6,200,000% and annualized returns of roughly 200% per year, investment strategist Raoul Pal has said.
In a tweet on Dec. 15, Pal revisited his oft-quoted phrase as new data showed the extent of Bitcoin’s outperforming of major assets.
Bitcoin record profits laid bare
As noted by Charlie Bilello, founder and CEO of Compound Capital Advisors, a Bitcoin investment made in 2011 has delivered returns of 6,271,233%. Nothing has matched it since then, he said, and the next best bet, the Nasdaq, offers a paltry 512%.