Over the past ten years, cryptocurrencies have outperformed traditional stocks, but Netflix, Amazon, and Domino haven't been that far.
As the decade draws to a close, it's time to take a look at the most successful investments. And, unsurprisingly, cryptocurrencies top the list of the most profitable investments of the decade.
First, it is Bitcoin. The first cryptocurrency, created by an anonymous programmer known as Satoshi Nakamoto, led to the creation of many bitcoin forks—alternative versions that run on similar code—and thousands of altcoins using the same code or trying out new features. But, if you hit early, you had a chance to make a quick buck.
Since the first bitcoin was available for trading, its price has increased by 62%. Outperforming many traditional stocks, it even spawned an entire culture built around the prices of "lunar" and the promise of the lovingly named "lambos". Because of the extreme growth, many critics call it a Ponzi Scheme and say its price pumps are bubbles that keep popping. But despite the criticism, an entire industry has been built around bitcoin and other cryptocurrencies, leading many countries around the world to adopt blockchain technology.
Much of the promise of blockchain technology can be seen on Ethereum. It offers features known as smart contracts that allow you to create decentralized applications. They have interesting applications, especially in the world of finance.
The price of Ethereum has also skyrocketed. Despite the price plummeting from its all-time high in January 2018, the price of Ethereum still rose 17 percent. One ETH currently costs $ 900.
Most profitable investments of the decade:
Bitcoin: + 62,500%
Ethereum: + 17,900%
Netflix: + 4,280%
Domino's Pizza: + 3,000%
Abiomed: + 2,000%
Lululemon: + 1,300%
Amazon: + 1,250%
NVIDIA: + 1,180%
Mastercard: + 1,100%
Apple: + 840%
Visa: + 760%
Google: + 350%- Decrypt (@decryptmedia) December 26, 2019
However, some traditional stocks were just around the corner. Netflix has shown strong performance this decade, an increase of 4280 percent. This is not too surprising given how ubiquitous it is now. Even new films are now launched on Netflix instead of going to the movies. But this tremendous growth has led to an increase in the number of competing video streaming companies. Will it be able to reflect competition in 2020?
Along with the rise of Netflix and TV viewing at home in general, another company has done well. Domino's Pizza saw a 3000 percent increase in share price. Who knew pizza and TV was a winning combination?
In line with the trend of no need to go out, Amazon has grown significantly over the past decade, an increase of 1250 percent. It is worth noting that Amazon not only delivers products to your door, but also offers streaming television services. What's next, pizza?
Those who practiced yoga while trying to work out 1000 high-calorie pizzas helped raise the price of Lululemon, a retail chain known for creating active clothes and clothing for “most other sweaty activities.” They grew by 1300 percent.
Abiomed, on the other hand, has grown by 2000% over the past decade. This creates medical devices such as artificial hearts.
Lags behind Amazon and NVIDIA, known for making computer chips. Interestingly, the company has generated $ 1,95 billion in revenue from its crypto mining. But it was not without controversy. In September, critics accused him of secretly influencing the development of the Ethereum network upgrade. But nothing has been proven.
Other profitable investments of the decade were payment systems, including Mastercard and VISA, which grew by 1100% and 760%, respectively. Google shares rose 350 percent, while Apple shares rose 840 percent.