- Wu Blockchain compares gains between Bitcoin and Gold investments.
- Bitcoin is far superior in both short-term and long-term investments.
- Twitter user Pomp says Gold is down by 3% and Bitcoin is up by 469,482%.
According to Trading View data, Bitcoin reigns supreme as the best asset for investment purposes. This is true in both short-term and long-term investments. Crypto journalist — Colin Wu tweets about the ROI between Bitcoin and traditional assets.
In this tweet, we see a chart from Trading View that displays the data of value between both these types of assets. Additionally, the chart shows the value of Bitcoin and Gold and the possible gains the assets will bring to its holders. In detail, the table compares the gains between the two assets from 1 to 10 years.
As we can see from this chart the gains from Bitcoin are an unfathomably high amount in comparison to the gains that can be got from Gold. At year 1, Bitcoin promises +269% in gains and by year 10 it promises +457,703% in gains.
This is an incredibly high amount, while the gains may seem to fluctuate between years 1-10, there is no denying the fact that Bitcoin is offering only gains and no loss. However, gains from Gold cannot be said the same.
According to the chart, Gold shows a -15% loss in the first year and a -0.12% loss by year 10. Over the other years, there are gains but not nearly close to Bitcoin’s smallest gain. This is unfortunate and really brings to question where investors should put their money next.
In addition, Twitter user — Pomp is also tweeting about the same observation between the two assets. In one tweet he mentions that Gold is down by 3% while Bitcoin is up by 469,482%. To emphasize the impact, he tweets another post saying that Gold is down by 17% over the last 12 months.
Therefore, Bitcoin’s ROI is much higher in comparison to other potential inflation hedge assets. As time goes by, Bitcoin is consistently showing great strides as its continues to outperform more traditional assets. All in all, Bitcoin’s limited market cap and unique fundamental properties result in high yields in the investment sector.
Related News
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.