Anthony Pompliano says crypto will outperform stocks again in next 10 years

in #btc6 years ago

1.png

The founder of Morgan Creek Digital Assets, Anthony Pompliano took to Twitter today to state that holding 99% cash and 1% Bitcoin over the last 10 years was a better investment than investing in the greatest stock market bull run in history.

According to a tweet by PlanB, a Bitcoin enthusiast, a mere 1% into BTC and 99% cash portfolio beat the S&P 500 over the last 10 years. A decade that is widely considered as the index’s most prominent bull run in history.

2.jpg

Even though Bitcoin only beat the S&P 500 by a few % at best, the fact remains that, according to PlanB, BTC has a better risk/return ratio, even though the cryptocurrency has been through drastic bear markets multiple times and is currently stuck in its longest one ever.

Anthony 'the Pomp' Pompliano, agreed with PlanB’s observations and even added that crypto will outperform S&P 500 stocks over the next 10 years too.

In December 2018, Chepicap reported that Pompliano had issued 'The Digital Asset' challenge, where they bet $1 million that crypto assets will outperform the S&P 500 over the next 10 years starting January 1, 2019.

The Bitcoin maximalist said that whoever takes on the bet will likely be someone who has the same views on crypto as Warren Buffett has.

'It’ll be either someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are worthless or overvalued.'

Sort:  

Hello @vrv! This is a friendly reminder that you have 3000 Partiko Points unclaimed in your Partiko account!

Partiko is a fast and beautiful mobile app for Steem, and it’s the most popular Steem mobile app out there! Download Partiko using the link below and login using SteemConnect to claim your 3000 Partiko points! You can easily convert them into Steem token!

https://partiko.app/referral/partiko

Congratulations @vrv! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.24
TRX 0.25
JST 0.040
BTC 93879.96
ETH 3390.45
USDT 1.00
SBD 3.34