Return of investment refers to a financial metric that is mostly used to determine the probability of gaining a profit from an investment. The ROI which is expressed in percentages compares the gain or loss from an investment relative to its cost. This metric is important as it helps in evaluating the potential return from a stand-alone investment.
Over the years, Bitcoin has been growing in popularity,
Compared to the S&P 500, Dow Jones Industrials, and Nasdaq indices, Bitcoin has recorded an average ROI of 1,645% over the last five years, data retrieved from Finbold’s Bitcoin ROI tool indicates
.The growth of Bitcoin in recent years is highlighted by the asset’s significant return on investment (ROI) that has dwarfed major stock market indices over the same period.
The digital currency’s returns are higher by 1,978% when compared to the Dow Jones. The asset’s ROI is also 1,734% higher than the S&P 500 index that tracks the stock performance of the United States’ top 500 companies. Elsewhere, Bitcoin’s ROI has outperformed Nasdaq by 1,221%
The Bitcoin ROI tool compares the return on investment (ROI) of BTC to traditional assets with the percentage values highlighting how investment in the cryptocurrency outperforms other financial assets over a given specific period.