The No-Brainer Crypto That Some Billionaires Could Regret Not Buying
Let's get one thing straight: some of the wealthiest billionaires in the world really, really do not like crypto. On financial TV news shows, they warn of the risks posed by crypto. At investor conferences, they downplay the significance of crypto as an asset class. And there is one crypto that they have advised people not to buy time and time again, and that's Bitcoin (CRYPTO: BTC).
Frankly, that's a bit surprising. These are the same investors who scour the world for the best investment opportunities. These are the same investors who invest in high-risk asset classes such as private equity, real estate and emerging market stocks. And these are the same investors who have mastered the trade-off between risk and reward. So what is keeping them from buying Bitcoin?
Over the long run, Bitcoin has the potential to outperform every single other asset class. At one point in 2021, Bitcoin was the best-performing asset of the entire decade, returning ten times more than the NASDAQ 100. At that time, Bitcoin was posting annualized returns of 230% per year, far outpacing the 20% annualized returns of the world's top tech stocks. Granted, that was back when Bitcoin was trading near $60,000, but it gives you an idea of just how much potential Bitcoin has as a high-risk, high-reward asset class.
Source Fool.com
