Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

A $4,000 Investment in Bitcoin 10 Years Ago Would've Made You a Millionaire Today

TheMotleyFool

0 0

A $4,000 Investment in Bitcoin 10 Years Ago Would've Made You a Millionaire Today: https://g.foolcdn.com/editorial/images/744676/buying-bitcoin-smartphone.jpg

In the past decade, the S 500 and the Nasdaq Composite index have risen 166% and 270%, respectively. Those are solid gains, to be fair, but they don't hold a candle to the world's oldest and most valuable cryptocurrency.

Bitcoin's (CRYPTO: BTC) value has skyrocketed 4,830% in the past 10 years, translating to an annualized return of 74% per year. This means that a relatively small $4,000 investment 10 years ago would've made you a millionaire today.

Let's take a closer look at how Bitcoin became one of the best financial assets to have owned, as well as what's in store.

Source Fool.com

Like: 0

BTC

Share