Since first purchasing Bitcoin (CRYPTO: BTC) on April 24, 2020, I have made a return of 127% (as of this writing). This figure crushes the returns of both the S&P 500 and the Nasdaq Composite, two of the most widely followed stock indexes, during the same period. 

This substantial outperformance has occurred despite Bitcoin's price being down a whopping 75% from its nearly $69,000 peak hit last November, as the overall cryptocurrency market has taken a hit in 2022. A massive price drop like that would certainly shake even the strongest supporter's confidence. 

But not me. I'm still incredibly bullish on Bitcoin. Here's why. 

Continue reading

Source Fool.com