Cryptocurrency Q&A
What is the average return on Bitcoin?
What is the average return on Bitcoin?
ethan_thompson_psychologist
Fri Jul 12 2024
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7 answers
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Could you elaborate on the average return on Bitcoin investments? Given the volatile nature of the cryptocurrency market, I'm curious to know if there's a general trend or pattern in the returns over a prolonged period. Do investors tend to see positive gains, or is it more of a mixed bag? Are there any specific time frames or market conditions that tend to yield higher returns? Additionally, is the average return influenced by the amount of Bitcoin invested or the investment strategy employed? I'd appreciate any insights or data you could provide on this matter.
7 answers
Valentina
Sun Jul 14 2024
Analyzing the performance of Bitcoin, we find that the weekly mean return stands at a respectable 3.79 percent.
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ethan_harrison_chef
Sat Jul 13 2024
However, at the monthly level, the Sharpe ratio of Bitcoin becomes comparable to that of traditional stocks.
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DigitalLord
Sat Jul 13 2024
Accompanying this return is a standard deviation of 16.64 percent, indicating a degree of volatility in the market.
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Chloe_emma_researcher
Sat Jul 13 2024
When comparing the Sharpe ratios, a measure of risk-adjusted performance, Bitcoin fares well.
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GinsengBoost
Sat Jul 13 2024
The returns on Bitcoin also exhibit a positive skewness, a statistical measure indicating asymmetry in the distribution of returns.
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