Bitcoin Was Among The Best Investments Of 2019

During the 2010s, Bitcoin was the best performing asset with a performance of +9,000,000%.

Bitcoin has thus succeeded in transforming $1 invested in 2010 into $90,000 by the end of 2019.

This figure seems unbelievable but it is very real and shows how much Bitcoin has been a profitable investment for the people who believed in it since its inception.

As you can well imagine, no other asset has posted such a performance over the past decade.

In 2019, the price of Bitcoin rose from $3,700 on January 1 to $7,300 on December 31.

This gives us a +97.5% increase over the year for Bitcoin.

Not a bad investment, right?

If you had invested $100 on January 1, 2019 on Bitcoin, you would have had $197.5 by December 31, 2019.

Over the year, no asset in traditional finance does better.

The S&P 500 performed very well in 2019 but is up between 20 and 25% “only”.

Gold reached its highest price in 3 years at the end of 2019:

Nevertheless, over the year 2019, gold “only” posted a performance of +18%:

It’s excellent enough, but it’s way behind Bitcoin.

In the world of publicly traded technology companies, Netflix was by far the best performing asset in 2010. Netflix posted a performance of +4,000% over the period.

This is a far cry from Bitcoin over the decade, but it is an extraordinary performance as well.

However, Netflix stalled in 2019 with a performance of around +5%.