For nine out of the past 12 years, bitcoin has handily beaten the broad stock market.
If you look at the table below, you can see bitcoin goes on three-year winning streaks before crashing into a Crypto Winter.
| Year | Bitcoin Return | Stock Market return (based on S&P 500) |
| 2011 | 1,473% | 2% |
| 2012 | 186% | 16% |
| 2013 | 5,507% | 32% |
| 2014 | -58% | 14% |
| 2015 | 35% | 1% |
| 2016 | 126% | 12% |
| 2017 | 1,324% | 22% |
| 2018 | -73% | -4% |
| 2019 | 94% | 32% |
| 2020 | 305% | 18% |
| 2021 | 59% | 29% |
| 2022 | -64% | -18% |
| 2023 | 73% | 11% |
After emerging from the most recent crypto bear market, it looks like bitcoin is now gearing up for a new three-year winning streak.
According to Barron’s, “With the ETF frenzy at the fore, bitcoin has outperformed other risk-sensitive assets, namely stocks, as the Dow Jones Industrial Average and S&P 500 have lagged.”
Since January, bitcoin is up 73%. By comparison, stocks are up 13%… Housing prices are up 3%… And gold is up 7%.
Despite all of its volatility, bitcoin still outperforms other major asset classes.
That’s why Daily editor Teeka Tiwari continues to pound the table on bitcoin.
As Teeka has said, over any four-year rolling period, you couldn’t lose money in bitcoin.
The worst four-year period we could find was between December 2017 and December 2021 – when BTC returned 150%.
When the Securities and Exchange Commission finally approves an exchange-traded fund – which could happen as soon as January – Teeka believes bitcoin will hit $500,000. That’s a nearly 1,700% gain from today’s prices.
No other blue-chip asset we can think of – not even market darling Nvidia – has that type of upside potential.
That’s why Teeka says everyone should hold some bitcoin for the long term.
And as goes bitcoin, so does altcoins… That means when bitcoin enters another three-year bull market, it will act as a slingshot for altcoins.
So if you’re looking for altcoins to add to your stack, Teeka’s paying close attention to a project that’s enabling another major trend he’s following: the rollout of a central bank digital currency, or CBDC.
You see, the Federal Reserve recently launched a program that could lead to a mandatory recall on the U.S. dollar.
This program could replace the dollar with a new digital version that will be radically different from what you have in your bank account right now.
He’s put together a briefing to explain what this new digital dollar regime means for you and your money. You can stream the video here.
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily