Bitcoin still bigger in 2019 from all other Commodities

[kro55]

Thank you OP for highlighting this aspect of bitcoin else there are threads that says 2019 is bearish. You can get enormous gain on bitcoin provided you have bought it at start of 2019 when bitcoin was at its lowest. Investors prefer other markets like gold, equity and forex as they are more stable, mature and driven by fundamentals.

[Maotezi]

As we close out 2019, Bitcoin has come out on top compared to all other commodities once again. It brought the highest returns this year by far.

Bitcoin’s returns in 2019 trumps all other commodities. The leading cryptocurrency brought in returns almost double that of the second-best performing commodity this year.

• Bitcoin: +100%
• Palladium: +57%
• Gasoline: +34%
• Coffee: +30%
• Lumber: +27%
• Platinum: +19%
• Gold: +18%
• Silver: +15%
• Sugar: +13%
• Wheat: +11%

Full Source here

Despite of all the ups and downs we had this year so far, it really looks good so far in terms of economic growth.

Probabily it will grow even more after upcoming halving and more new investors and countries will most likely start their way into such investment option.

This just show us who's the boss when comparing Gold with Bitcoin considering Gold being only +18%

Heard about this yesterday, and here's your confirmation, thanks for the topic.
I find that what's fast is bad, as far as the crypto world is concerned.
I like it to be gradual, to go through all the phases, before we get to the big price, it is important for me to go slowly and safely.
People are more and more important to the figure, not security, I do not like such people, I find them greedy.

[The Sceptical Chymist]

• Palladium: +57%

That's interesting--I can't recall exactly what palladium gets used for, but I'm pretty sure it's for industrial purposes much like platinum.  Don't know why it's up so much.  Guess I'll have to do some googling.

Is bitcoin actually considered a commodity?  I never thought of it as one.  It's more like a hybrid of a currency and a stock (though I know it doesn't fit the definition of being a stock).  Interesting to think of it as a "digital commodity" because I don't know how many of those there are.  Anyway, bitcoin was up over 100% for 2019 if I'm not mistaken.  It started off the year at around $3200 and ended it above $7k, right?  That might be nitpickiness, but those numbers could be more exact IMO.

Gas was up that much?  I don't own a car but I do look at the prices when I'm at the local gas station, and they didn't move that noticeably for much of the year.  Interesting.

[djsugar]

Bigger than other commodities?
That's the wrong way to put it. Bitcoin is way behind other commodities or investment asset when it comes to market cap. That's why the direct comparison won't make sense too. The volatility and returns will change largely when btc reach such a market cap.
But yeah when it comes to returns, yes, Bitcoin left these commodities and stocks way behind. 100% return a year is amazing for any trader.

[Bitcoin ShitList]

IEOs actually almost out performed bitcoin last year,it  has great returns though....will see how it does this time around

[marcous]

gold does not have a significant effect if we invest. But if seen from the increase it is clear the price of gold rises every year and is safer. Of course, when compared to price movements, Bitcoin is more tempting but very risky. We never know how long Bitcoin/cryptocurrency will last.

[barabarian1]

This is interesting information, so we know that even in 2019 bitcoin has not reached bullish bitcoin, but it still provides a bigger profit than other investments. bitcoin has a high risk but if we can use the volatility well we will get a profit. we can use bitcoin for short-term investments or long-term investments depending on market conditions.

[drlukacs]

As we close out 2019, Bitcoin has come out on top compared to all other commodities once again. It brought the highest returns this year by far.

Bitcoin’s returns in 2019 trumps all other commodities. The leading cryptocurrency brought in returns almost double that of the second-best performing commodity this year.

• Bitcoin: +100%
• Palladium: +57%
• Gasoline: +34%
• Coffee: +30%
• Lumber: +27%
• Platinum: +19%
• Gold: +18%
• Silver: +15%
• Sugar: +13%
• Wheat: +11%

Full Source here

Despite of all the ups and downs we had this year so far, it really looks good so far in terms of economic growth.

Probabily it will grow even more after upcoming halving and more new investors and countries will most likely start their way into such investment option.

This just show us who's the boss when comparing Gold with Bitcoin considering Gold being only +18%

You should know that Gold has been around for a long time and its index reflects the reality of what the world is doing. As for Bitcoin, although its index has shown a significant increase after each year, it is still considered a valuable asset. Do you think it is reasonable that it is just a digital asset and is exaggerated by people? It cannot even pay for services in many countries and it is always criticized by many great economists. You should reconsider the long-term growth of bitcoin.

[btc78]

easy to calculate if we will only look about the growth of bitcoin last 2019,from $3000 level last January it climbs to $7000 level in December so this means we are in more than 100% bigger last year.

but that is good to mention here mate,after everything that brings bad issue in the past yet there are some good to happen.

[Bonenx14]

This is interesting information, so we know that even in 2019 bitcoin has not reached bullish bitcoin, but it still provides a bigger profit than other investments. bitcoin has a high risk but if we can use the volatility well we will get a profit. we can use bitcoin for short-term investments or long-term investments depending on market conditions.

market conditions have indeed become one of the references for investing, if the bearish market might be better to invest long-term but there must be some research first. and to invest in bitcoin for a short period of time it may be that the profit resistance will be smaller, and always take advantage of the potential.

[BitcoinsGreat]

Thank you OP for highlighting this aspect of bitcoin else there are threads that says 2019 is bearish. You can get enormous gain on bitcoin provided you have bought it at start of 2019 when bitcoin was at its lowest. Investors prefer other markets like gold, equity and forex as they are more stable, mature and driven by fundamentals.

Bitcoin moved from 3500$ to around 13800$ this year and no other commodity moved to 4.5x. Bitcoin is bearish because after reaching 14K, it is constantly on a downtrend to 7200$ now. Also i think people want bitcoin to cross the all time high and till that time, they consider it to be in bearish mode.

[sovie]

Bitcoin profit is always in the long run. Those who can buy and hodl bitcoin get huge profit. What need to understand is that this 100% profit doesn’t came in few days. Those who bought bitcoin when it was trading at 4000$ earlier in 2019 had the opportunity to sell it off later at 11500$. I don’t think there is anyother investment that gave such huge return.

[1Referee]

I don’t think there is anyother investment that gave such huge return.

This. It's so funny when people call Bitcoin boring and almost 'threaten' to put their money into a different asset class if Bitcoin doesn't quickly do something.

A lot of people have no prior experience with anything related to investing, which explains why they are so ignorant and reckless. Anyone calling Bitcoin boring just because it hasn't gone up 500% in a matter of months is desperately in need of a reality check. Try put your money into stocks, Gold, etc. You'll be wishing to not have invested in any of these assets with such an attitude.

People who want fast gains don't need Bitcoin. There are a wide variety of options available to make your wildest dreams come true, but the reality is that more people end up broke chasing the quick money.

[GideonGono]

As we close out 2019, Bitcoin has come out on top compared to all other commodities once again. It brought the highest returns this year by far.

Bitcoin’s returns in 2019 trumps all other commodities. The leading cryptocurrency brought in returns almost double that of the second-best performing commodity this year.

• Bitcoin: +100%
• Palladium: +57%
• Gasoline: +34%
• Coffee: +30%
• Lumber: +27%
• Platinum: +19%
• Gold: +18%
• Silver: +15%
• Sugar: +13%
• Wheat: +11%

Full Source here

Despite of all the ups and downs we had this year so far, it really looks good so far in terms of economic growth.

Probabily it will grow even more after upcoming halving and more new investors and countries will most likely start their way into such investment option.

This just show us who's the boss when comparing Gold with Bitcoin considering Gold being only +18%

Thats good by the way because at least it not pump too much than 2017 like. It was better if it continue to pump in normal way because it was not good to invest when it suddenly pump because there has a high possibility that it would run down mostly as fast as it can. Like the 2018 that was ruin everyone's expectations.

[affandi]

gold does not have a significant effect if we invest. But if seen from the increase it is clear the price of gold rises every year and is safer. Of course, when compared to price movements, Bitcoin is more tempting but very risky. We never know how long Bitcoin/cryptocurrency will last.

Yes, this is cryptocurrency. profitable but very risky to lose. but to be honest, gold is not appropriate when compared with bitcoin. in my opinion, bitcoin and other crypto will still survive and bitcoin is nearing its peak.

[karanggatak]

yes bitcoin is the most profitable investment tool compared to other commodities. in 2019 yesterday bitcoin has increased more than 100% if we buy bitcoin at the beginning of the year when the price of bitcoin is $ 3,500 then if we hold it until July then we already have a large profit because at that time the price of bitcoin rose to $ 14,000. but for people who buy bitcoin in 2018 when the price is high. of course 2019 was a bad year for him. that's why many investors have complained in 2019 because cryptocurrrency is experiencing a downward trend.

[Murat]

It's not about anything special, This is the thing which we are talking about for a long time, but the main thing is that Bitcoin is not a product, So don't compare Bitcoin with anything else, I hope Bitcoin price will get high more in the coming days than we previously observed, if it doesn't happen then Bitcoin will face a lot of crisis because people have invested in this system a lot only because of Bitcoin, so It means a lot, Bitcoin requires a halving which enhances this platform so long, let's see what will happen in the coming next.

[Assface16678]

yes bitcoin is the most profitable investment tool compared to other commodities. in 2019 yesterday bitcoin has increased more than 100% if we buy bitcoin at the beginning of the year when the price of bitcoin is $ 3,500 then if we hold it until July then we already have a large profit because at that time the price of bitcoin rose to $ 14,000. but for people who buy bitcoin in 2018 when the price is high. of course 2019 was a bad year for him. that's why many investors have complained in 2019 because cryptocurrrency is experiencing a downward trend.

From the previous month of the bitcoin, the bear conquers the market, and many people are afraid to trade because of the low market price before 2020 the graph of the bitcoin shows a good sign of the bulls run because there is a trade against the price graph. Now the prediction is accurate because the price of the bitcoin now is continuously pumping from the dump of 680p dollars rapidly pumping into 7800 dollars and this is a good sign for investment or to buy a bulk of bitcoin to get more profit when it reached the highest point again.

[EdvinZ]

The superiority of Bitcoin's profitability over all other precious metals and commodities can be explained by the fact that the cryptocurrency market is still very young and has a relatively small capitalization. As a result, the volatility of Bitcoin is strongly influenced by news, as well as both positive and negative actions of regulators in different countries.

[aomakun]

The superiority of Bitcoin's profitability over all other precious metals and commodities can be explained by the fact that the cryptocurrency market is still very young and has a relatively small capitalization. As a result, the volatility of Bitcoin is strongly influenced by news, as well as both positive and negative actions of regulators in different countries.

in its age bitcoin is still said to be the investment that has the youngest age compared to other metals and minerals. but with this young age bitcoin provides potential and price movements that are quite good compared to other investments. Even though the risk is high, investors who choose to invest in bitcoin are also quite a lot, and certainly every year will provide an increase in the number of investors.