Bitcoin performs better than gold, shares and bonds in 2019

The year and the decade are both almost over, time to look back at the best investment of your life. We look at how bitcoin performed in 2019 in relation to gold, shares, oil and bonds. We also look back on the past decade.

The bar is set too high

It sometimes seems as if everyone who does not have a crypto is setting the price of bitcoin and other cryptocurrencys against a much too high bar. At the end of 2017 and the beginning of 2018, they are still too fresh in their minds. With that limited frame of reference, it seems as if the rates of cryptocurrency have been down for a while.

But nothing is less true. Almost all major cryptocurrencys have had a good year and a good decade. Bitcoin is one of the world’s leading investment category for annual performance. The return is much higher than with US stocks, commodities and bonds.

Ryan Alfred of Digital Assets Data agrees: “Looking back on the performance of the top ten large caps (Bitwise 10) compared to other major asset classes, we see that they are doing well.”

Above we compare the percentage growth of bitcoin with that of oil, S&P 500, bonds (US 10 years) and gold.

Bitcoin has risen 105% since the beginning of 2019. Oil with 15%, S&P 500 with 22%, gold with 14% and the return on bonds has actually fallen by 30%.

Until March it was somewhat the same. Apart from the bonds, all asset classes grew steadily. But from the beginning of April the bitcoin price left its competitors behind. As if you set off an avalanche arrow while the rest plays with firecrackers.

We started the decade in crisis

In 2009 the world was still in the middle of a financial crisis. Bitcoin was also introduced that year. Since the beginning of the decade, the S&P 500 has grown by no less than 369%. The Dow Jones Industrial Average also had a good decade behind it, with an increase of 326% in the same period.

And bitcoin? Well … if you were there very early then you will probably read this article from your own spaceship or on your private beach. From March 2010 the rate rose by 12 million percent!

The success of the bitcoin price can probably be attributed to the following characteristics: high volatility and liquidity, allowing traders to trade quickly and easily between digital and fiat currencies.

If you do not believe these amazing figures, the rate of the bitcoin’s good index is given below. This index is a collection of all stock exchanges and with this you can look back the furthest.