吴说区块链|Oct 24, 2025 01:42
《Performance Review of Mainstream Assets Over the Past 10 Years: Bitcoin, Gold, U.S. Stocks, U.S. Bonds—Who’s the King of Assets?》 (Author: OKX Research Institute)
Between 2015–2025, crypto assets ($BTC, $ETH) demonstrated long-term returns far exceeding gold, U.S. stocks, and U.S. bonds, achieving growth of 402x and 1195x respectively. However, this came with extreme drawdowns of over 80% and high volatility. The S&P 500 achieved nearly 3x growth, with well-controlled drawdowns and volatility, boasting a high Sharpe ratio, making it a stable compound growth asset. Gold and U.S. bonds provide hedging and value preservation functions but offer limited long-term returns. Bitcoin’s correlation with traditional assets has increased, weakening its diversification value. Strategically, high-volatility assets are better suited for dollar-cost averaging, while equity assets are more suitable for lump-sum investments.
Final conclusion: The king of assets isn’t a single asset but rather a well-structured multi-asset allocation framework.
Read the full article:
https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=50723
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