Bitcoin had a return of almost 3,500% since 2015, 70 times that of five traditional stock markets.
According to a June 29 article on investor Buy Shares' website, data analyst Justinas Baltrusaitis says that from June 26, 2015 to June 26, 2020, the return on investment (ROI) for Bitcoin was more than 70 times higher compared to the Financial Times Stock Exchange 100, NASDAQ, Nikkei, S&P 500 and Dow Jones markets.
"During the reporting period, the ROI of Bitcoin was 3,456.98%, where the price of Bitcoin was $ 257.06 in June 2015 and increased to $ 9,143.58 by June 26 of this year. On the other hand, the average ROI for the marked indices 49.27%. ”
The ROI of an item measures the return on an investment relative to the cost.
Bitcoin HODLers' ROI is calculated by comparing the price when they buy crypto with its current value. For those who chose HODL before the peak of December 2017, all investments must have a huge ROI.
Baltrusaitis speculated that the difference in ROI may be due to the improved regulation of Bitcoin (BTC), which was more resistant than 2020 in 2015. However, the current pandemic may also be partly responsible, as “many see Bitcoin as an alternative store of wealth & # 39; after the sudden crash of traditional markets.
“Bitcoin has become increasingly popular over the years and initial cryptocurrency status has largely contributed to the high return on investment. Bitcoin's return is significant, despite the fact that investing in cryptocurrencies carries a significant risk of loss. The valuation of cryptocurrencies fluctuates largely, and as a result, investors may lose more than their original investment. ”
Cointelegraph has reported that some analysts have suggested that Bitcoin is still somewhat or strongly correlated with traditional markets such as the S&P 500. Any crash affecting stocks or traditional assets can still cause the crypto market to go to bear, such as during the March massacre.