Bitcoin has outperformed the stock market in 2019 up 40%

15 Apr, 2019 | Updated: 15 Apr, 2019
by Will Heasman
Bitcoin
Bitcoin has outperformed the stock market in 2019 up 40%

Thanks to a Tweet collating all the performance statistics of the major stock markets, we can now visualize just how well Bitcoin is doing compared to these legacy investments… Just try not to look too smug…

it perhaps comes as no surprise that Bitcoin is currently outperforming legacy stocks such as the S&P 500, the Nasdaq 100, and even the likes of gold and treasury bonds, but now we get to visualize it thanks to a Tweet by Charlie Bilello, a prominent investor, and writer.

The Tweet conveys statistics from most of the major stocks within the traditional market, and though slightly out of date now (stats from 2 days ago) nothing much has changed, except Bitcoin has added another point to its percentage, currently at 39.31% … Another reason to be smug.

This year has been exceptionally kind to the #1 and the wider cryptocurrency market gaining renewed momentum and legitimacy. In fact, BTC is fast becoming an asset impossible to ignore.

As reported, Wences Casares CEO of Xapo, a leading BTC wallet, recently came out to claim that it isn’t just prudent to hold a stake in BTC, but rather that it would be “irresponsible” for major portfolios not to have exposure to it.

Casares believes that BTC could well reach $1 million one day, going on to insist that "a $10 million portfolio should invest at most $100,000 in Bitcoin," adding that a 1% stake in BTC is less risky than not investing at all…

Read more: Xapo CEO: BTC could reach $1 million - "irresponsible" to not invest

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