In 2020, Bitcoin became the most profitable investment, overtaking giants such as Amazon and Apple by a large margin.
As a result of the Covid-19 pandemic, almost every industry has suffered losses, but if you decided to invest this year in Bitcoin, you probably have a smile on your face.
Despite the fact that Bitcoin suffered significant losses in the first wave of the global economic downturn in March this year, after a short time it was able to recover and regain its strength.
On March 13 this year, Bitcoin fell to $ 4,121 (CMC) and in less than 10 months managed to reach $ 23,586 (CMC), an increase of 472.3%.
When we look at the picture from COIN98 Analytics, which shows how much you could earn if you invested $ 1000 in individual Stocks, Commodities or Bitcoin, the king of cryptocurrencies is the clear winner.
Analysts have calculated this annual Bitcoin ROI at 234%, which means that your $ 1000 Bitcoin was able to turn into $ 3,347.
If we compare it with the shares of Amazon or Apple, BTC was almost twice as profitable.
Read also: The crypto community received an early Christmas present in the form of the new Bitcoin ATH
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