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by EddieEngineers 1111 days ago
Huh? BTC is up 56% YTD, QQQ is up 34.5%. Over five years BTC is up 300%, QQQ is 100%. Over life BTC is 7850% while QQQ is 570%. Today QQQ is up 0.12%, BTC is up 0.95%.

I don’t know which slice you want to compare but general holds of BTC have outperformed QQQ significantly, even today it’s done better while it’s two largest exchanges have been sued by the SEC.

1 comments

bitcoin peaked at 20k in 2017. it is only up 30 percent to 26k. QQQ is up a lot more. over 5.5 years of weak performance. The major problem with bitcoin are the huge declines like in 2018 and 2022. It stopped going up as much anymore either like it did in 2013 or 2017.
But you've picked the very peak of a previous bull run against a dip of a bear market... QQQ peaked in 2021 at $404 but is now at $355 so it's down 15%. This is just as relevant as what you're saying but obviously doesn't capture the whole picture? QQQ dipped from $101 to $20 once which is a huge loss, larger than BTCs largest dip as a percentage, but again that doesn't really tell the whole picture either.

Not trying to be rude or argumentative here, I just really don't understand your point.

This reminds me of those "biggest X since Y" headlines. No matter how insignificant the event, you can always write a clickbait-y title.