What comes down…can go up

Despite Bitcoin’s volatility, it has outperformed other assets—such as gold—in the past year.

Plus, overall the volatility of Bitcoin is going down: as the price and market cap of the cryptocurrency has increased over time, the volatility of the asset has decreased.

And over the past year, Bitcoin and other cryptocurrencies are up and performing better than traditional investments.

One anonymous investor tracked ten cryptocurrencies over the course of 2020 and found that they performed over eight times better than the US stock market: his $1000 crypto investment grew 139%, while the S&P 500 was up 16%.