Cryptocurrency vs Apple

Key Takeaways

• Apple has underperformed cryptocurrencies such as Bitcoin over the past 5 years.
• Over the past 5 years (April 2017 - April 2022), Apple is up 347%, while BTC is up 3,760%.
• The decentralized nature & growth of user adoption could be a hedge against fluctuations of Apple.

Overview

While it’s true that past performance is no guarantee of future results, it is quite astonishing the rate of return of cryptocurrency for the past 5 years vs Apple. BTC has outgrown APPL by 10.8x. In the chart above, you’ll see the velocity of Bitcoin’s growth.

Why Bitbuy

Bitbuy is a licensed Canadian cryptocurrency trading platform with an easy-to-use interface, low fees, convenient funding and withdrawal options, and unmatched customer service.