1% Bitcoin, 99% Cash Portfolio Beat S&P 500 Over Past Decade
Since Bitcoin (BTC) began to stumble in 2018, many of the crypto space’s cynics lambasted investors of this asset class for making poor investing decisions. While such criticism may be warranted for 90% of all BTC holders, there has been a select set of “OGs” that have managed to beat the bear, even surpassing gains posted by traditional equities.
Case in point, according to data compiled by PlanB, a leading Bitcoin zealot & crusader, a mere 1% into BTC and 99% cash portfolio beat the S&P 500 over the last ten years — widely deemed the index’s most prominent bull run in history. While the former out beat out the latter by a mere margin (a few % at best), the fact remains that in PlanB’s eyes, BTC has a better risk/return ratio, even though the cryptocurrency has been through drastic downturns multiple times.
Anthony “Pomp” Pompliano, the founder of Morgan Creek Digital Assets, echoed PlanB’s astute observation, even…
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