Ask Google: What is the best performing asset in 2020

[meanwords]

It's just me but maybe the reason why google is showing this results is because of our past search histories? and there's just a lot of threads, articles, news that is pertaining that Bitcoin could potentially be the best performing asset in 2020. Maybe this keywords were optimize to result in that article by SEO specialist. I've tried "best asset to invest in 2020" but Bitcoin wasn't in the list.

Still good to see that Bitcoin is showing in searches though. Some newbies would definitely find Bitcoin appealing if they where to search those keywords.

[gundala]

Not only that there are investors willing to risk this volatility because many possibilities are here right now .
--
At the same time it would mean a lot for people since due to Quarantine most of us are having a really hard time.
-the news authorities needs to stop talking about the volatility of the cryptocurrencies like Bitcoins (every investor knows well what they are getting into) they now need to cover up this news and see all the good it's doing for the community.

There are people who like to take risks, others who don't. This is the right of each person, can not be forced even though many people say the risk of investing in bitcoin can be minimized by conducting a market analysis.

This is the impact of accumulation. The popularity of bitcoin as an investment product continues to increase after surprising many people in 2017. So many people are trying to get into this ecosystem. Halving moments, then the effects of a global pandemic, and various other things that encourage people to be more creative and innovative in finding alternative business/trade/investment that can provide great opportunities in difficult times like this.

[gentlemand]

Change your time frame and you can make it the worst performing one too depending on what mood you're in. It doesn't really mean a great deal for now. As traders are fond of saying, and it's really boring, zoom out.

That's when your panties get shredded. Anyone getting in looking for a quick return is quite possibly going to leave just as quickly with a loss or be in for a much longer haul than they initially planned.

[kryptqnick]

The Duck says bitcoin too

*snip*

Yeap. It's really mostly going to be Bitcoin articles on the search results of whatever search engine as probably 95% of articles are pointing towards bitcoin(rightfully so) anyway.

Screw this one in particular though(1st spot below the snippet on Google): https://www.paulsonwealth.com/resource-center/investment/best-performing-asset-classes

Nice! I've checked, Google gave me the same response. And it's indeed not just Google, Yahoo.com and Duckduckgo.com also offered the first search result about Bitcoin as well. I guess the reason for that is that this is just a simple fact. Bitcoin is popular and reputable enough to be considered seriously. And given the hit traditional assets took because of the pandemic, Bitcoin looks very promising and comfortable. Gold is doing quite well in 2020 with around 15% gain from the beginning of the year till now, but Bitcoin is around 30% up, so the winner is clear here.

[adzino]

It is not google that answers your question. I mean, it does, but it uses some algorithm and stuffs to get the answer for you. Like others says, since most of the articles (with good SEO) and statements states that bitcoin is the best, hence google also says bitcoin is the best.
If articles starts saying that bitcoin is the worst even if it is not, then you will see that google will say bitcoin is indeed the worst.
I would say never to just take anything for fact just looking at the small snippet (not just for bitcoin, for every case. Read the whole article first).

[Kemarit]

Not only that there are investors willing to risk this volatility because many possibilities are here right now .
--
At the same time it would mean a lot for people since due to Quarantine most of us are having a really hard time.
-the news authorities needs to stop talking about the volatility of the cryptocurrencies like Bitcoins (every investor knows well what they are getting into) they now need to cover up this news and see all the good it's doing for the community.

There are people who like to take risks, others who don't. This is the right of each person, can not be forced even though many people say the risk of investing in bitcoin can be minimized by conducting a market analysis.

Different strokes for different folks as the saying goes.

This is the impact of accumulation. The popularity of bitcoin as an investment product continues to increase after surprising many people in 2017. So many people are trying to get into this ecosystem. Halving moments, then the effects of a global pandemic, and various other things that encourage people to be more creative and innovative in finding alternative business/trade/investment that can provide great opportunities in difficult times like this.

Accumulation is just one factor for the popularity of Bitcoin. And I think even before the pandemic, it is already performing well and above expectations. And probably the pandemic really pushes it even more, when people are looking for one asset that they can hold, not name Gold or Stocks.

[MCobian]

I totally agree with Google's answer, if you pay attention to the bitcoin movement in 2020. I think it is indeed worth bitcoin as
best performing asset in 2020. Although the price dropped to $ 3800, it did not last long but the price of bitcoin rise again.
Therefore the performance of bitcoin is very good, with the spread of COVID19 does not affect the performance of bitcoin. Unlike
other assets with outbreak COVID19 make the price down.

[mk4]

It's just me but maybe the reason why google is showing this results is because of our past search histories?

This is also a factor, but it doesn't have that much of an effect compared to good website SEO.

I've tried "best asset to invest in 2020" but Bitcoin wasn't in the list.

It's pretty simple: it's because articles aren't saying that bitcoin is the best asset to invest in, whereas it's a fact that bitcoin is the best performing asset in 2020, and that people are writing articles about it being the best performing asset in 2020. There's a significant difference between the two.

[pawanjain]

I agree with it but you can also see it as Google algo being what it is. From what I understand of how it works, you have had to had expected this kind of result because of how much attention Bitcoin has had in the past decade. Just counting the times it's been searched in google and the number of articles that compared BTC and Gold is enough to warrant both of them being at the top of the search list. And here's also the thing, if you were to read a few articles when you search for the best performing asset, you'd see BTC because it beat Gold after most of the crisis of the virus was over, around April - May.

Basically, Google was just stating facts from what happened in the past few months. Gold failed to make a comeback bigger than BTC, while on the other hand, BTC jumped from a $4k bottom last March to the around $10k right now.

I will agree on that. I guess more people invested in bitcoin this year when the pandemic was all over the world.
India itself saw a growth of 25% in bitcoin investors according to paxful in the April - May duration.
After seeing a huge crash in the stock market and not so much increase in Gold's price and seeing bitcoin recover quite well, I guess bitcoin had become the obvious choice for many people. Well it turned out to be in our favour now since bitcoin has spiked up to $9.5k.

[Lorence.xD]

I totally agree with Google's answer, if you pay attention to the bitcoin movement in 2020. I think it is indeed worth bitcoin as
best performing asset in 2020. Although the price dropped to $ 3800, it did not last long but the price of bitcoin rise again.
Therefore the performance of bitcoin is very good, with the spread of COVID19 does not affect the performance of bitcoin. Unlike
other assets with outbreak COVID19 make the price down.

We rely too much on bitcoin, I am in agreement with what you said and I think that bitcoin is a really good asset but this makes other financial assets set aside because they are overshadowed by the might of bitcoin, I am not in contrast with what bitcoin can do but we also should learn how to diversify our assets, remember to not put all of your eggs in one basket. This assets have been here longer than bitcoin and most of them have been proven effective, mutual funds for example, they can grow in five years just by putting a monthly contribution that will grow through compound interest. I always advocate diversification in assets because this helps when you want a constant cashflow even if one of your asset is facing down time then you will not be affected that much.