#Bitcoin is Undefeated 🥊

Michael Saylor posted, “Nothing beats #Bitcoin” and attached a  table showing the total returns of various asset classes from 2011 to June 21, 2024. Lo and behold, #BTC is undefeated.  

Key Highlights:

1.Bitcoin (BTC): Demonstrated extraordinary growth, especially in 2013 with a return of 5507% and an overall cumulative return of 21372237%, translating to an annualized return of 148.9%.Growth (IWF): Consistently positive returns with an annualized return of 16.1%.Nasdaq 100 (QQQ): Strong performance, particularly in 2020 with a 48.6% return, leading to an annualized return of 18.6%.Large Caps (SPY): Steady growth with an annualized return of 13.1%.(GLD): Mixed performance over the years, resulting in an annualized return of 1.3%.
6.Emerging Markets Stocks (EEM): Variable performance, with some negative years and an annualized return of 1.2%.

Trends and Patterns:

1.Highest Returns: Bitcoin consistently topped the chart with the highest returns in several years, although it also experienced significant volatility.
2.Lowest Returns**: Commodities (DBC) and Emerging Markets Stocks (EEM) frequently showed the lowest returns, highlighting their volatility and risk.
3.Positive Asset Classes: The percentage of asset classes with positive returns varied significantly year-to-year, with 100% positive in some years (2013, 2017, 2019) and as low as 38% in 2015.

Observations:

1.Volatility: Bitcoin, while having the highest cumulative and annualized returns, showed extreme volatility.
2.2. Steady Performers: US Growth, Nasdaq 100, and US Large Caps demonstrated consistent positive growth, indicating their relative stability and reliability as investments.
3.Defensive Assets: Bonds and US Cash showed moderate but stable returns, serving as defensive assets in volatile markets.

This snapshot analysis indicates Bitcoin is very undervalued. Traditional asset classes should be concerned people are going to do the basic math 🧮 see BTCs a better bargain long term, and jump ship 🚢 Is there any asset in BTC’s weight class that can truly compete? I think not. Let me know your thoughts 💭
#Bitcoin #Bitcoin #BTC