Crypto is Better Than Top Company Stocks Despite Crash

  • The cryptocurrency market is more stable than the top company stocks.
  • Ethereum has generated the largest return in the past 6 years.
  • The crypto market is on a bearish trajectory today.

Market analysis by a Reddit user claims that a number of reasons have caused the crypto market to be gloomy. Despite this, the analyses show that over the past six years, cryptocurrency has provided investors with a greater return than the top company stocks.

Concretely, a trader who invested $100 on July 1st, 2016 in top-performing traditional stocks, Bitcoin and Ethereum would have the following returns;

The massive online retailer Amazon would have given $260 back at the time of writing. This is a return of about 2.6 times. It would have cost $630 for Apple and $470 for Microsoft, respectively. This results in returns of 6.3 times for Apple and 4.7 times for Microsoft.

Tesla would also return $1240 today, which is a return of 12.4 times. On the other hand, the biggest cryptocurrency, Bitcoin, would have repaid 25 times the initial investment. The current value of this would be $2500.

Finally, the statistics show that Ethereum would have generated the highest return, up to $10900 now. The initial investments would have multiplied by 109. In light of this, it is clear that cryptocurrency pairs are outperforming more established high-performance equities (Blue Chip Stocks).

Notably, none of the traditional equities mentioned above would have endured the hacks, negative publicity, and bad actors that have entered the crypto world since then. This is apparently because trading in cryptocurrencies takes place around the clock on an international scale.

In other reports, the cryptocurrency market is partially red today. The top cryptocurrency pairs are trading in favor of the bears with Bitcoin losing by over 0.6 percent. The second in the suit is Ethereum with a 0.8 percent loss over the past few hours.

Read Also:

disclaimer read more

Crypto 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.

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.

programmer & freelance writer