He has compared the performances of the top asset classes using data from Ycharts, and shared the list on Twitter. The post shows that, since 2011, bitcoin’s cumulative gains equate to a whopping 20 million percent. According to the statistics, 2013 was bitcoin’s best-performing year, during which it gained 5,507%.
The cryptocurrency has only posted an annualized loss for two years in its history, falling by 58% and 73% during 2014 and 2018 respectively.
Since the start of 2021, bitcoin is up 108%, having hit another all-time high of just over $61,500 on Sunday. The digital currency was trading at $55,449 per coin as of 10:51am GMT on Monday.
Responding to Bilello’s findings, Messari researcher Roberto Talamas pointed out that bitcoin has produced an annualized return of 230% on average. That is more than 10 times higher than the second-ranked asset class, the US Nasdaq 100 Index, which had an annualized return of 20%.
The index was followed by US Large Caps or shares in US-based companies with market caps exceeding $10 billion. Their average annual performance was 14%. US Small Cap stocks were the only other asset class to post double-digit annualized returns for the past 10 years, with 12.9%.
The data also shows that gold’s annualized return was 1.5% since 2011, with five out of the past 11 years producing a loss for the asset. According to Gold Price, the yellow metal has fallen by 8.5% since the beginning of 2021.