BTC Return on Investment is 70 Times Higher Than That of Traditional Indices
Main page News, Bitcoin

Data analyst Justinas Baltrusaitis has said Bitcoin's return on investment between 2015 and 2020 is much higher than for a large number of traditional assets.

According to an article published on the investors' website Buy Shares, the return on investment (ROI) of the market's largest crypto was 70 times higher than that of the Financial Times Stock Exchange 100, NASDAQ, Nikkei, S&P 500 and Dow Jones markets.

According to the article, "during the period under review, Bitcoin’s ROI stood at 3,456.98%, while the average ROI for the highlighted indices was 49.27%."

ROI refers to the return of investment in an asset in relation to its cost.

Thus, Bitcoin's return on investment is basically calculated by comparing the price at which investors bought the crypto and its current value.

According to Baltrusaitis, the reference cryptocurrency is enjoying such a high ROI because the current regulatory situation is much more favorable than in 2015, while the coronavirus pandemic is also having a positive impact as a large number of investors see Bitcoin as a store of wealth.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error