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Cryptocurrencies: 2193 / Markets: 15921 Market Cap: 24h Vol:
CryptoGlobe
2019-02-10 04:18:16

Bitcoin & Cash Investments May Outperform Gold, S&P 500, Bonds Portfolios

An investment portfolio comprising of 99% cash and only 1% bitcoin (BTC) may yield higher returns when compared to a portfolio (of equal size) that consists of S&P 500 stocks, the gold bullion, and US Treasury bonds. This, according to Twitter user planB (@100trillionUSD), who is a cryptocurrency advocate and economics analyst. S&P 500 refers to a US-based stock market index based on the valuations of 500 large firms whose common stock trades on Nasdaq, New York Stock Exchange (NYSE), and/or the Cboe BZX exchange.