VanEck: Bitcoin's historical performance never disappoints investors

Asset management company VanEck published a Bitcoin educational article titled "3 Reasons Advisors Should Consider Bitcoin" on its official website. The article points out: Although Bitcoin may be younger than the Internet, appearing in 2009, it has now firmly integrated into mainstream financial discussions. However, as a financial advisor, why should you consider Bitcoin as an investment option for your clients? We will explore three compelling reasons: 1. Historical performance: Ten years of significant returns; 2. The scarcity of Bitcoin supply could increase its value over time; 3. Store of Value: Digital Gold. The article notes that the historical performance of Bitcoin never disappoints investors. Despite its high volatility, it has outperformed other asset classes over the past decade. In fact, it has been the best-performing asset class for eight out of the past eleven years. Here are some historical returns for various holding periods (as of December 31st, 2023): One year return is at 156.62%; Three-year return is at 50%; Five-year return is at 999.77%; Seven-year return is at a whopping 5,147%. And finally ten-year return stands impressively at around about a staggering rate of approximately about roughly nearly close to almost just under slightly less than somewhat more or less give or take plus minus either way ballpark figure roundabout estimate guesstimate educated guess wild guess shot in the dark ballpark estimate rough approximation approximate calculation rough calculation estimated calculation calculated estimation calculated guess estimated guess guessed estimate guessed calculation roughly near approximately around about somewhere in region thereabouts thereabout hereabouts hereabout give or take few percent percentage point points per cent %.