Ask Google: What is the best performing asset in 2020

[btc_angela]

Lol, pretty much the vote goes to BTC. However, we all know that it is best performing asset for now, but we need to understand that it is very volatile and there are huge risk involved. The price is constantly fluctuating, and we have seen the bubble burst in 2018 after reaching all time high at almost $20k last December 2017.

"Only invest what you can afford to lose"

[mk4]

Just a quick heads up for those people who might immediately conclude that "Google is bullish on Bitcoin" or something:

Such snippets mostly appear on Google search results because of good SEO, and definitely not because the people at Google manually chose to show that short snippet and article. It's mostly Google's algorithm and the people who manage the website's SEO.

It's also why while Google's chosen snippets are mostly decent and relevant, the software manages to pick some bad ones too, like this one:

[Bttzed03]

The Duck says bitcoin too



Come to think of it, I haven't read a lot of negative criticisms about BTC lately other than the report by goldman sachs. I usually see a lot of not-so-friendly reactions from these so called financial experts everytime it pumps and dumps like what happened couple of days ago.

[mk4]

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

[Darker45]

Is that so? I am lazy enough to try to look at the figures of other leading assets, but if we are to compare the price of Bitcoin when this current year opened with the price right at this very moment, we have already registered a growth of around 25%. That must be a nice ROI after almost 6 months.

Well, anyway, why don't you try to widen the coverage? Try asking for the best performing asset of all time. It will probably give you the same answer.

Let's give it up for Bitcoin for growing from "zero to hero" in just a decade.

[davis196]

When I searched for "the best performing asset in 2020" the first result was an ad of some investment fund,but it disappeared,after I searched the same keyphrase for the second time.
The second search result is an independent.co.uk article about Bitcoin being the best performing asset.
I guess that independent.co.uk is a very authority website,with lots of backlinks and social media shares pointing to this article,so that's why the Google algorithm picked it as number 1 result on first page.
According at Ahrefs,this article has 588 backlinks,88% of them are dofollow and the domain authority is 92.

 

[20kevin20]

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

It's just that Google is at it again. I've noticed the behavior, results and Ads are quite suspicious over there: crypto YouTubers kicked off the platform, fake crypto Ads running like crazy and almost fooling me a few times too, false/biased results upon crypto searches, the giveaway scams that ran wildly on YT and so on.

Can't be just a coincidence. Screw Google overall, all of these could've been very easily prevented if there was a will to do so.

[mk4]

It's just that Google is at it again. I've noticed the behavior, results and Ads are quite suspicious over there: crypto YouTubers kicked off the platform, fake crypto Ads running like crazy and almost fooling me a few times too, false/biased results upon crypto searches, the giveaway scams that ran wildly on YT and so on.

Can't be just a coincidence. Screw Google overall, all of these could've been very easily prevented if there was a will to do so.

I can't speak for the ones concerning YouTube and Google Ads because there certainly are some big problems with those platforms, but as for the search results, I wouldn't say it's necessarily biased, but it sure can be circumvented(I personally have a good grasp on internet marketing in general). The search results are mostly managed automatically by Google's algorithm and not manually by people, hence, as with most software, there will almost always be loopholes.

P.S.: https://github.com/gorhill/uBlock

[Latviand]

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

It's just that Google is at it again. I've noticed the behavior, results and Ads are quite suspicious over there: crypto YouTubers kicked off the platform, fake crypto Ads running like crazy and almost fooling me a few times too, false/biased results upon crypto searches, the giveaway scams that ran wildly on YT and so on.

Can't be just a coincidence. Screw Google overall, all of these could've been very easily prevented if there was a will to do so.

It is too obvious even if you don't google it, most of the people who are updated about our technology will say bitcoin is the best performing asset. Although we know that bitcoin is just for a short-term investment, we should know how to manipulate it properly so that we can benefit profit to this cryptocurrency.

There are still some countries who are not legalizing the use of cryptocurrency, that's why even in the social media, they try to prohibit the promotion of bitcoin in a certain platform. Sometimes we need understand a specific government, "why is that they don't allow its citizen to have an access in bitcoin?"

Google should allow all the bitcoin advertisement and promotion because soon, maybe they can also benefit to the advantages of this cryptocurrency.

[Wexnident]

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.

[leway.ph]

~

"Only invest what you can afford to lose"

Exactly, watching the movement of bitcoin way back 2016 it's totally far, investing to this kind of asset must possesses much patience for getting their return, your management of movement and predicting must be good.
It is not new why some are recommending bitcoin as investment but it is good for short term only. Like me I am just involving myself now to this tho I knew bitcoin long time ago. Now trying to invest.

[20kevin20]

I can't speak for the ones concerning YouTube and Google Ads because there certainly are some big problems with those platforms, but as for the search results, I wouldn't say it's necessarily biased, but it sure can be circumvented(I personally have a good grasp on internet marketing in general). The search results are mostly managed automatically by Google's algorithm and not manually by people, hence, as with most software, there will almost always be loopholes.

P.S.: https://github.com/gorhill/uBlock

As YouTube and Google Ads are both part of the Google corporation, I'd have to assume (especially as there are some very obvious differences between what, for example, the automated suggestions provide on DuckDuckGo vs Google - some of the DuckDuckGo suggestions are 100% in the top on Google too although they do not appear unless you type them yourself) that the search is flawed too.

One very quick and interesting example I've seen on Twitter is that if you go over to Google and search for "reddit conspiracy". Putting all the conspiracy tinfoil hat and boogaloo stuff aside, you'd logically have to find the Conspiracy subreddit (like I used to find months ago) on the top. However, while DuckDuckGo gives you the sub as a top suggestion, Google now redirects you to the Coronavirus sub and "conspiracy debunked" articles. This gives me a quite strong hint that the algorithm has been influenced to hide specific results. I mean.. it's written by man, right?

Now looking back at this thread, my previous statement might make sense. Although it's an algorithm that sure is very intelligent and learns a lot from our interactions with Google's search results, it could be modified if Google ever decides to be biased in a situation such as the one we're currently talking about.

Doesn't surprise me that search engines sometimes give you the wrong results intentionally. If there's one thing I have learned, it's to always take infomation with a large grain of salt and verify it yourself. But that's too much to ask from someone nowadays, especially as most people only read clickbait article titles and share them without even reading a paragraph or two out of them.

[mk4]

*snip*

Oh for sure. They could definitely skew the search results to whatever they want if it's the case that they do have their own agenda.

My main point was just that we shouldn't automatically make conclusions that Google search results are automatically intentionally rigged by Google if it's the case that a certain search result appears even if it shouldn't; as the search results could also be rigged(to a certain extent) by SEO specialists. This is why search engine optimization is also one big specialization in the internet marketing field.

As for YouTube and Google ads, they're definitely flawed. But YouTube, Google ads, and Google's search results are 3 very different systems when talking about the delivery of results to easily conclude that Google's search results are "flawed" just because YouTube and Google ads are.

[Pumuckel21]

~

"Only invest what you can afford to lose"

Exactly, watching the movement of bitcoin way back 2016 it's totally far, investing to this kind of asset must possesses much patience for getting their return, your management of movement and predicting must be good.
It is not new why some are recommending bitcoin as investment but it is good for short term only. Like me I am just involving myself now to this tho I knew bitcoin long time ago. Now trying to invest.

I am with you there, so the very fast increasement in Bitcoins price in 20 in late 2017 was built on a lot of FOMO and people that invested their money. The current slow bu steady rise is much healthier in my opinion.

[Jating]

Is that so? I am lazy enough to try to look at the figures of other leading assets, but if we are to compare the price of Bitcoin when this current year opened with the price right at this very moment, we have already registered a growth of around 25%. That must be a nice ROI after almost 6 months.

Well, anyway, why don't you try to widen the coverage? Try asking for the best performing asset of all time. It will probably give you the same answer.

Let's give it up for Bitcoin for growing from "zero to hero" in just a decade.

Still bitcoin, when I try to search using Google and the search term is "best peforming asset of all time". A staggering 9,000,000% returns in this decade alone. Just proved that bitcoin holders could really be a millionaire during that last 10 years.

However, as the OP states, there is this investment rule of thumb, yes it is an investment opportunities that all of us can take advantage of, but it is not an easy road road to take. Maybe Google search algorithm got it this time and it's obvious for us bitcoiners - we can't really compare what and how it can really increase our money overtime.

[LogitechMouse]

If we will just base on this year only, Bitcoin is yes the best performing asset. We saw it already how it moves as the virus spreads worldwide. Most of the assets are going down very hard including Bitcoin yes but after that massive downward move, Bitcoin's price has been doubled since its recent lows of near $4000. This didn't happened to other assets out there.

Not only it is the best performing asset this year but in the last decade, it also shows that it is the best asset with a near 10,000x increase since 2009-2010. On the other hand, yes Bitcoin is the best performing asset this year but it is also the most volatile asset out there so as many are profiting on it more are getting lost because of volatility.

[Pumuckel21]

~

"Only invest what you can afford to lose"

Exactly, watching the movement of bitcoin way back 2016 it's totally far, investing to this kind of asset must possesses much patience for getting their return, your management of movement and predicting must be good.
It is not new why some are recommending bitcoin as investment but it is good for short term only. Like me I am just involving myself now to this tho I knew bitcoin long time ago. Now trying to invest.

I am with you there, so the very fast increasement in Bitcoins price in 20 in late 2017 was built on a lot of FOMO and people that invested their money. The current slow bu steady rise is much healthier in my opinion.

Another aspect I would like to mention is the fact that as long as the FED is printing money, Bitcoin is a proper way to protect yourself from the inflation and hence the steady decrease in your FIAT value..

[mk4]

Another aspect I would like to mention is the fact that as long as the FED is printing money, Bitcoin is a proper way to protect yourself from the inflation and hence the steady decrease in your FIAT value..

We are just making assumptions, as we really don't know this yet. While it makes total sense to hold bitcoin, an asset with controlled supply, in times of potential hyperinflation in the future, people could also easily dump their bitcoin by the time they're going to actually need money to buy basic necessities. In fact, we could possibly lose more value by holding bitcoin.

In the end, again, we're only making assumptions, and time will tell.

[sunsilk]

I removed the keyword "performing" yet it still shows bitcoin. Thanks google.  

Are you sure that this means something in general? I dont think that this will bring a lot of newcomers into industry

In someone's perspective it won't show any significance but usually these results show how it's ranked by google. I'm not an expert but if it's the most searched particular keywords, SEO, etc. it will appear. And as we know, if it's appearing on google, it's likely that newcomers will believe.

But it doesn't really have to be like that, they shouldn't depend on google searches and they still have to make their own research before investing.

[fiulpro]

Not only that there are investors willing to risk this volatility because many possibilities are here right now .

https://www.coindesk.com/first-mover-bloomberg-20k-bitcoin-call
- this clearly something everyone has been waiting for since a long time . Whosoever is holding their coins since years and whosoever purchased the coins back in 2017 but weren't able to get any benefits from it . They should stock up now .

It might take time but we are near September , which I do think is like the golden month for Bitcoins.

The price sometimes tends to decrease during the holiday season but shows a growth starting from September , therefore am placing my bets on it and waiting for the big wave .

At the same time it would mean a lot for people since due to Quarantine most of us are having a really hard time.

-At the same time now the government won't talk about the Fiat which is on the path of showing a downtrend approximately 10-15% for sure.

-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.