Bitcoin is the best performing asset in the world, again

Last year bitcoin ended the year as the best performing asset in the world, by a wide margin.

It did almost 3x the next best performing asset in the world.

Check it out:

(Source: https://twitter.com/fundstrat/status/1258859480026099713)

In a normal year, ownding the Nasdaq and having it go up 35% would be a banner year... except bitcoin beat it by roughly 200%.

Wowza...

Fast forward to this year and bitcoin is again the king

After a rough couple months, bitcoin is again at the top of the performance charts.

As it stands right now bitcoin has returned almost 40%, which is again a multiple of the second best performing asset.

US Treasuries come in second place with 21% returns and gold comes in number 3 with 12% returns year to date.

Yep, bitcoin has more than tripled the returns seen by those holding gold and almost doubled those owning US Treasuries, the second best performing asset year to date...

I imagine these return figures may look a little different in a few weeks from now, but as they stand now, bitcoin dominates every other asset class.

Tom Lee says to Buy the Effing Dip

Tom Lee says to BTFD...

Citing the current out-performance, combined with a quickly approaching halving, as well as legendary investor Paul Tudor Jones becoming a bitcoin bull...

Tom Lee says to make sure you BTFD:

(Source: https://twitter.com/fundstrat/status/1258859480026099713)

All very good tailwinds, though he forgot to mention the excessive money printing that is gong on globally.

Which is perhaps one of the greatest reasons to own bitcoin right now.

I agree with him though, if we get a decent sized post halving dip, buy it.

*Not financial advice, just the opinion of a guy on the internet

Stay informed my friends.

-Doc