Bitcoin Is As Performant Today As It Was in 2009,’ Analyst Willy Woo On Investing in BTC

  • Bitcoin has “outperformed every other asset class for its entire 10-year history”
  • In the move from the Industrial Age to the Digital Age, money is becoming “digitally native and programmable”
  • Bitcoin is just getting started and is “growing from being a thimble to a bucket”

The first bull run recorded by Bitcoin saw the leading cryptocurrency jumping a whopping 318,864% with BTC at $31.90 in 2011. Then in the second bull run in 2013, BTC surged to a new high at around $1,175, registering the gains of 58.474%.

The third bull run took us to the all-time high $20,000 but a much lower return than the previous or the one before that one, just 11,960%.

So, does this mean for those wanting to invest in Bitcoin now have missed the boat?

According to popular analyst Willy Woo, the answer is no. Bitcoin, he says is as much a “performant” today as it was 10 years back. This entire time the flagship cryptocurrency has actually outperformed every other asset class, be it the US stocks bonds, gold, real estate, emerging currencies, and oil. He added,

“As the Bitcoin asset class inflates with value, it has outperformed every other asset class for its entire 10-year history,” said Woo. “Under the lens of ROI adjusted for risk, it's as performant today as it was in 2009, you haven't missed the boat.”

Bitcoin Risk Adjusted Returns vs Other Assets

Bitcoin Risk-Adjusted Returns vs Other Assets, Source:

Talking about his next 10,000 years view, Woo says it started with gold money circa 10,000 BC in the Agrarian revolution. Then we moved into the Industrial age where since 1973 fiat money has been ruling the monetary system.

Now, in the post-Industrial Revolution era, cryptocurrencies are part of the transformation to the digital age where money becomes digital. Woo explained,

“What's happening, as we move from the Industrial Age to the Digital Age, is money itself is becoming digitally native and programmable.”

This means, cryptocurrencies have just started and “Bitcoin is growing from being a thimble to a bucket.”

We already have $8 trillion in a gold bucket, $75 trillion of stocks bucket, $90 trillion of fiat bucket, and $220 trillion of real estate for people to store value in. Bitcoin meanwhile is just about $150 billion bucket and crypto market nearly $235 billion bucket.

Bitcoin, as Woo says is the “first invention” on the Internet that can’t be copied. Moreover, it is scarce and can store value just like gold and fine art. In its decade long history, Bitcoin is already on track to surpass M1 USD in the next five years.

These figures show the wide scope of growth Bitcoin has as we move to store value online.

Live Bitcoin (BTC) Price:

1 BTC/USD =$28,742.0718 change ~ -0.77%

Coin Market Cap

$547.57 Billion

24 Hour Volume

$14.73 Billion

24 Hour VWAP

$28.87 K

24 Hour Change


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