Study: Bitcoin is more profitable to invest in at least until 2035

Employees of Bitwise Asset Management, a company that manages cryptocurrency funds, believe that the relevance of investing in bitcoins will remain until at least 2035.

In a recently published report, the firm's analysts made a conservative forecast for the change in the price of BTC over the next 10 years, according to which the digital asset will appreciate by an average of 28.3% per year. In this case, Bitcoin will surpass all other traditional assets in terms of price growth rate and will retain its status as the most profitable investment instrument.

Average annual return on investment in different assets, according to Bitwise experts

At first glance, it may seem that Bitwise employees are painting an overly rosy picture, but data over the past 10 years suggests that Bitcoin’s average annual growth rate of 28.3% is indeed a conservative estimate. The cryptocurrency has more than doubled in price in 5 of the last 10 years, and only in 2018 and 2022 was its value recorded to fall.

Bitcoin Price Change Over the Last 10 Years

However, it remains a mystery why Bitwise employees predicted only a 4% increase in the gold price. Since 1971, the precious metal has increased in price by an average of 8% per year, and since 2002, the growth rate of XAU has accelerated, apparently due to the devaluation of the dollar. Therefore, most likely, the price of gold will increase faster than the company's experts believe.

Source: cryptonews.net