Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Global
Prominent Twitter Trader Reveals Huge 2019 Gains From Cryptoassets

Prominent Twitter Trader Reveals Huge 2019 Gains From Cryptoassets

by Elliot Hill
August 24, 2022
in Global
Reading Time: 6 mins read
3k
A A
0
Share on FacebookShare on Twitter

As we reach the midpoint of 2019, it’s looking increasingly likely that we are once again in the midst of another bullish phase throughout the wider cryptocurrency market, with the price of Bitcoin and several other major crypto assets rising astronomically during the past few months.

Many investors have seen this as a welcome break from the prolonged bear market which started at the beginning of 2018 and saw the majority of major cryptocurrencies lose over 90% of their value since their all-time highs, bringing the total crypto market cap down with it.

While it’s easy to get carried away in the cryptocurrency markets as a blockchain enthusiast, many traders, investors, and long term holders seldom stop to think about how their cryptocurrency gains would compare to those realized from traditional asset classes.

On the other hand, crypto investments are still eyed with caution, or outright shunned, by some traditional investment professionals, with legendary American investor Warren Buffet calling Bitcoin a ‘Delusion’ earlier this year in an interview with CNBC.

However, it seems that many traders who don’t want to risk exposure to cryptocurrency assets may be missing out on serious potential gains, as one prominent investor pointed out this week.

Crypto Vs. Classic Investments

Prominent trader, writer and Twitter personality, Charlie Bilello, who boasts over 110,000 Twitter followers, posted a series of tweets on Tuesday comparing both the returns traders would have gained from traditional assets such as commodities and the S&P 500, with Bitcoin (BTC), and a whole host of other cryptocurrencies since the beginning of 2019.

2019 Returns…
Bitcoin $BTC: +143%
REITs $VNQ: +22%
Nasdaq 100 $QQQ: +21%
S&P 500 $SPY: +18%
Oil $USO: +16%
Small Caps $IWM: +16%
EAFE $EFA: +12%
Investment Grade $LQD: +10%
High Yield $HYG: +9%
EM $EEM: +8%
Commodities $DBC: +6%
Bonds $AGG: +5%
Gold $GLD: +5%
Cash $BIL: +1%

— Charlie Bilello (@charliebilello) June 19, 2019

Interestingly, those who had invested in gold or bonds would have seen a return of just +5% since the beginning of 2019, -3% lower than even the worst performing major cryptocurrency, Stellar Lumens (XLM), which has yielded +8% since the beginning of the year.

Investing in stock market indices such as the S&P 500 and the Nasdaq 100 would have yielded fairly decent gains of +18% and +21% respectively, and real estate investment trusts, or REITs, would have yielded on average a strong gain of +22%. On the other hand, investing in Oil, which has seen some volatility this year would have seen a gain of +16%.

Comparatively, Ripple (XRP), the third-highest cryptocurrency by market-cap at the time of writing, would have yielded investors +16% since the beginning of the year, whereas the second-highest crypto by market-cap, Ethereum (ETH), yielded a huge +87%, and Monero (XMR) would have netted it’s investors a similarly impressive +98%.

2019 Crypto Returns
Binance Coin: +479%
Litecoin: +321%
Tezos: +162%
BitcoinCash: +152%
EOS: +150%
Bitcoin: +143%
Bitcoin SV: +141%
Cardano: +111%
Monero: +98%
Dash: +92%
zCash: +89%
Ethereum: +87%
NEO: +71%
TRON: +65%
Eth Classic: +59%
NEM: +30%
IOTA: +18%
XRP: +16%
Stellar: +8%

— Charlie Bilello (@charliebilello) June 19, 2019

However, eight of the major cap cryptos, which Bilello also tweeted about, would have yielded their investor’s triple-figure percentage gains since the start of 2019. The biggest gainers may come as a surprise, however, as it’s not Bitcoin which has led the 2019 rally but instead leading exchange coin Binance coin (BNB).

Investing in Binance coin at the start of this year would have yielded investors a massive +479%, multiplying their initial investment many times over. Likewise, Litecoin, often referred to as digital silver, has far outperformed real precious metals, yielding over +320% for its investors.

Other high gainers for investors who bought and held from the start of 2019 include third-generation cryptocurrency Cardano, which yielded +110%, dApp focused blockchain EOS which gained +150%, and even Bitcoin SV, Craig Wright’s new blockchain offering which was launched after a hard-fork from the Bitcoin Cash protocol in November 2018, would have yielded over +140% so far this year.

Overall, there’s been some seriously strong price gains so far during 2019, which have somewhat balanced out bear market losses and there’s potential to hold this upward momentum during the rest of 2019.

Comparable Gainers

Such gains are almost unheard of in the day-to-day trading of traditional assets or investments, with the only similar gains coming from initial public offerings (IPOs), or more recently, cannabis stocks – which have seen gains of hundreds of percent. For example, Cannabis branding company TransCanna Holdings, gained a huge 586% since the beginning of 2019.

Likewise, the Beyond Meat (BYND) IPO, the plant-based burger company which launched earlier this year, has gained over 600% since it began publicly trading, becoming one of the best stock market performers in recent years, and outperforming even the highest gainers of the top market cap cryptocurrencies.

Conversely, while many of the top 20 market cap cryptocurrencies have risen in some capacity so far during 2019, ride-hailing apps Uber and Lyft, which launched their IPOs earlier this year, are trading around their listing price, performing poorly compared to some of the cryptocurrencies we’ve examined.

Conclusion

Many traders, especially those who are risk averse, may still be slow to enter the crypto markets in 2019. However, from a long term hold perspective, percentage gains realized from crypto portfolios this year would have far exceeded many traditional asset classes and have heavily outperformed supposedly ‘hot’ new IPOs such as Uber and Lyft.

However, there’s plenty of stocks out there which have huge potential upside, Beyond Meat for example and particularly cannabis stocks, and it’s still worth cryptocurrency investors diversifying their risk and exploring other traditional asset classes as part of their portfolios.

BitStarz Player Wins Record-Breaking $2,459,124! Could you be next to win big? >>>

Blokt is a leading independent privacy resource that maintains the highest possible professional and ethical journalistic standards.

You might also like

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

January 31, 2023
7.3k
Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

January 30, 2023
7.3k

As we reach the midpoint of 2019, it’s looking increasingly likely that we are once again in the midst of another bullish phase throughout the wider cryptocurrency market, with the price of Bitcoin and several other major crypto assets rising astronomically during the past few months.

Many investors have seen this as a welcome break from the prolonged bear market which started at the beginning of 2018 and saw the majority of major cryptocurrencies lose over 90% of their value since their all-time highs, bringing the total crypto market cap down with it.

While it’s easy to get carried away in the cryptocurrency markets as a blockchain enthusiast, many traders, investors, and long term holders seldom stop to think about how their cryptocurrency gains would compare to those realized from traditional asset classes.

On the other hand, crypto investments are still eyed with caution, or outright shunned, by some traditional investment professionals, with legendary American investor Warren Buffet calling Bitcoin a ‘Delusion’ earlier this year in an interview with CNBC.

However, it seems that many traders who don’t want to risk exposure to cryptocurrency assets may be missing out on serious potential gains, as one prominent investor pointed out this week.

Crypto Vs. Classic Investments

Prominent trader, writer and Twitter personality, Charlie Bilello, who boasts over 110,000 Twitter followers, posted a series of tweets on Tuesday comparing both the returns traders would have gained from traditional assets such as commodities and the S&P 500, with Bitcoin (BTC), and a whole host of other cryptocurrencies since the beginning of 2019.

2019 Returns…
Bitcoin $BTC: +143%
REITs $VNQ: +22%
Nasdaq 100 $QQQ: +21%
S&P 500 $SPY: +18%
Oil $USO: +16%
Small Caps $IWM: +16%
EAFE $EFA: +12%
Investment Grade $LQD: +10%
High Yield $HYG: +9%
EM $EEM: +8%
Commodities $DBC: +6%
Bonds $AGG: +5%
Gold $GLD: +5%
Cash $BIL: +1%

— Charlie Bilello (@charliebilello) June 19, 2019

Interestingly, those who had invested in gold or bonds would have seen a return of just +5% since the beginning of 2019, -3% lower than even the worst performing major cryptocurrency, Stellar Lumens (XLM), which has yielded +8% since the beginning of the year.

Investing in stock market indices such as the S&P 500 and the Nasdaq 100 would have yielded fairly decent gains of +18% and +21% respectively, and real estate investment trusts, or REITs, would have yielded on average a strong gain of +22%. On the other hand, investing in Oil, which has seen some volatility this year would have seen a gain of +16%.

Comparatively, Ripple (XRP), the third-highest cryptocurrency by market-cap at the time of writing, would have yielded investors +16% since the beginning of the year, whereas the second-highest crypto by market-cap, Ethereum (ETH), yielded a huge +87%, and Monero (XMR) would have netted it’s investors a similarly impressive +98%.

2019 Crypto Returns
Binance Coin: +479%
Litecoin: +321%
Tezos: +162%
BitcoinCash: +152%
EOS: +150%
Bitcoin: +143%
Bitcoin SV: +141%
Cardano: +111%
Monero: +98%
Dash: +92%
zCash: +89%
Ethereum: +87%
NEO: +71%
TRON: +65%
Eth Classic: +59%
NEM: +30%
IOTA: +18%
XRP: +16%
Stellar: +8%

— Charlie Bilello (@charliebilello) June 19, 2019

However, eight of the major cap cryptos, which Bilello also tweeted about, would have yielded their investor’s triple-figure percentage gains since the start of 2019. The biggest gainers may come as a surprise, however, as it’s not Bitcoin which has led the 2019 rally but instead leading exchange coin Binance coin (BNB).

Investing in Binance coin at the start of this year would have yielded investors a massive +479%, multiplying their initial investment many times over. Likewise, Litecoin, often referred to as digital silver, has far outperformed real precious metals, yielding over +320% for its investors.

Other high gainers for investors who bought and held from the start of 2019 include third-generation cryptocurrency Cardano, which yielded +110%, dApp focused blockchain EOS which gained +150%, and even Bitcoin SV, Craig Wright’s new blockchain offering which was launched after a hard-fork from the Bitcoin Cash protocol in November 2018, would have yielded over +140% so far this year.

Overall, there’s been some seriously strong price gains so far during 2019, which have somewhat balanced out bear market losses and there’s potential to hold this upward momentum during the rest of 2019.

Comparable Gainers

Such gains are almost unheard of in the day-to-day trading of traditional assets or investments, with the only similar gains coming from initial public offerings (IPOs), or more recently, cannabis stocks – which have seen gains of hundreds of percent. For example, Cannabis branding company TransCanna Holdings, gained a huge 586% since the beginning of 2019.

Likewise, the Beyond Meat (BYND) IPO, the plant-based burger company which launched earlier this year, has gained over 600% since it began publicly trading, becoming one of the best stock market performers in recent years, and outperforming even the highest gainers of the top market cap cryptocurrencies.

Conversely, while many of the top 20 market cap cryptocurrencies have risen in some capacity so far during 2019, ride-hailing apps Uber and Lyft, which launched their IPOs earlier this year, are trading around their listing price, performing poorly compared to some of the cryptocurrencies we’ve examined.

Conclusion

Many traders, especially those who are risk averse, may still be slow to enter the crypto markets in 2019. However, from a long term hold perspective, percentage gains realized from crypto portfolios this year would have far exceeded many traditional asset classes and have heavily outperformed supposedly ‘hot’ new IPOs such as Uber and Lyft.

However, there’s plenty of stocks out there which have huge potential upside, Beyond Meat for example and particularly cannabis stocks, and it’s still worth cryptocurrency investors diversifying their risk and exploring other traditional asset classes as part of their portfolios.

BitStarz Player Wins Record-Breaking $2,459,124! Could you be next to win big? >>>

Blokt is a leading independent privacy resource that maintains the highest possible professional and ethical journalistic standards.

This article was originally published in Blokt and can be viewed here:

Prominent Twitter Trader Reveals Huge 2019 Gains From Cryptoassets

Tags: Blokt
Previous Post

Investors Should Buy Cryptos As They Are Set for Fresh Gains, Fundstrat Advises

Next Post

British MP Reveals the UK Gov’s Appetite for Blockchain Tech at London Summit

Elliot Hill

Elliot Hill

Related Stories

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

by Maluh Bastos
January 31, 2023
0
7.3k

KleverChain’s launch in 2022 was one of the biggest accomplishments for the Klever Ecosystem.  Klever’s very own blockchain is bringing...

Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

by Warren Manuel
January 30, 2023
0
7.3k

The integrity of democratic voting systems is crucial for the functioning of a healthy democracy. In recent years, there has...

Choosing Klever Wallet, K5 is a smart decision

Choosing Klever Wallet, K5 is a smart decision

by Isabela Bellumat
January 30, 2023
0
7.3k

As a decentralized crypto wallet, the Klever Wallet offers all the necessary tools for crypto enthusiasts, including storage of assets,...

Introducing K5, The Crypto Wallet Of The Future

Introducing K5, The Crypto Wallet Of The Future

by Klever
January 26, 2023
0
7.4k

KleverOS, the revolutionary Klever crypto wallet operating system that powers K5, ushers in a new era of crypto wallets. Today,...

Next Post
British MP Reveals the UK Gov’s Appetite for Blockchain Tech at London Summit

British MP Reveals the UK Gov’s Appetite for Blockchain Tech at London Summit

Oracle Deploy Blockchain for Tracking Origin of Honey in Partnership With the World Bee Project

Oracle Deploy Blockchain for Tracking Origin of Honey in Partnership With the World Bee Project

Please login to join discussion
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8334 shares
    Share 3334 Tweet 2084
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7021 shares
    Share 2808 Tweet 1755
  • Bitcoin battles back from record losses to $21,000

    5914 shares
    Share 2366 Tweet 1479
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5358 shares
    Share 2143 Tweet 1340
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5070 shares
    Share 2028 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

January 31, 2023
Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

January 30, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version