There are many options to choose from when approaching the investing world. From the old fashioned Equity markets and Real Estate, all the way to Cryptocurrencies and Private Equities…The options are endless, and each portfolio differs with its proper risk appetite. In this article, on the very last day of 2020, we go back in time to January 2020 and see how did buying Bitcoin compare to buying stocks of Apple, Google and Tesla.
2020 Year in Review
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For the below comparisons to be fair, we will assume the following for each asset:
- We bought the lowest price in 2020
- Leverage is 1:1
- We closed the positions today on the 31st of December 2020
Bitcoin (BTC) – 640%
Bitcoin made a whooping 640% returns in 2020. This cryptocurrency managed to break through its target price of USD 20,000 and even went the extra mile to almost reach USD 30,000. Will it be able to reach 30K in less than 12 hours?
- Year-Low Price: USD 3,905
- Current High: USD 29,100
Apple inc (AAPL) – 150%
The technology company Apple did also impressive gains in 2020. Its prices fell during the march COVID-19 events, but soon enough recovered and reached an all-time high price of USD 138
- Year-Low Price: USD 53.34
- Current High: USD 133.7
Alphabet inc (GOOG) – 71%
Alphabet inc is the holding company of GOOGLE, with main segments including Ads, Android, Chrome hardware, Google Cloud, Google Maps, Google Play, Search, and Youtube. Alphabet is up 71% this year from a year low of USD 1,015:
- Year-Low Price: USD 1,015
- Current High: USD 1,740
Tesla inc (TSLA) – 890%
The manufacturer of fully electric cars Tesla inc was the talk of the year, with a massive performance of 890%. In fact, Tesla was long undervalued and was set to explode. Can you imagine a stylish, fast, and self-driving car that doesn’t require too much maintenance? Well, that’s Tesla.
- Year-Low Price: USD 70
- Current High: USD 696
And the Winner is?
If we want to solely consider a price appreciation in 2020, we would definitely see that TELSA inc was the clear winner. But if we take into consideration the current price of Bitcoin, going from a price of barely a few cents to almost USD 30,000 in 12 years, Bitcoin is most certainly the overachiever. In trading and investing, there is NEVER a “one-and-only” asset that will make you rich, rather a basket or portfolio of different assets that perform well.
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MERRY CHRISTMAS and a HAPPY NEW YEAR 2021!
Rudy Fares
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