How Bitcoin Has Performed Against the Market‘s Top Stocks

<p>Bitcoin has risen to prominence as a favoured investment vehicle in recent years. The asset's popularity among investors can be attributed to the returns it has generated over the course of its decade of existence. It is one of the few investments that has continuously operated as a hedge against inflation while also generating significant returns for its holders. As a result of these benefits, additional investors have desired a larger piece of the pie.</p> <p>However, bitcoin was not an investment choice for anyone until 2009. Even even then, it was mostly unknown to the general public. Stocks were on investors' thoughts at the time, and investors had experienced gains at various moments.</p> <p>Several equities have also been extremely profitable over this time span. Tesla stocks are an illustration of this, with their success catapulting ARK Invest CEO Cathie Wood into the limelight after her call on the stock paid off. Consider how bitcoin has performed in relation to Wall Street's best-performing stocks.</p> <p>Bitcoin vs. the Rest of the World</p> <p>Numerous assets traded on the financial market predate bitcoin. Still a child, the BTC market remains in its infancy. This has not, however, slowed the asset's growth, which has elevated it to a position of prominence in financial markets. When comparing the top equities and markets to Bitcoin, there is a stark contrast in how much better the digital asset has performed in comparison to the others.</p> <p>According to this analysis by Watcher Guru, bitcoin has returned over three million percent on its investments over the last decade. When BTC was first created in 2009, it cost as little as $0.00008. The value has increased significantly over the years, reaching an all-time high of about $67,000 in October.</p> <p>By comparison, the best-performing stocks deliver underwhelming returns. Tesla has been one of the best-performing equities over the previous decade, but its gains pale in comparison to BTC's. Tesla has returned 22,520 percent, Nvidia has r