"Some investors have been turning to alternative assets like Bitcoin ( CRYPTO:BTC) to power up their portfolios and beat the market. Although Bitcoin still has its fair share of critics who call it a scam, you can't question the returns. The digital asset is up by 16% year-to-date, which outpaces the Nasdaq Composite and S&P 500. Its 83% gain over the past year is even more impressive."
"Bitcoin has done well, but it gets harder for an asset to produce tremendous returns once it has a market cap above $1 trillion. It's hard enough at that level, but with a $2 trillion market cap, you'll only get a 10% return if Bitcoin's total valuation comes up by an additional $200 billion. That same gain can cause altcoins to double, triple, or even 10x, demonstrating that some assets don't require as much capital to generate explosive moves."
"Bitcoin has been a tremendous long-term hold, but there are three cryptos that have managed to outperform it year-to-date. All three cryptos on this list have real-world utility that support more gains in the future. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; get started by clicking here. (Sponsor)"
Bitcoin has produced strong short- and long-term returns, rising 16% year-to-date and 83% over the past year, outpacing major equity indices. Very large market caps make further outsized percentage gains harder; a $2 trillion valuation means a $200 billion increase yields only 10%. Smaller-cap altcoins can double, triple, or 10x on much smaller capital inflows, enabling more explosive moves. Some altcoins have already outperformed Bitcoin year-to-date. Three cryptos identified have real-world utility supporting potential future gains. Ethereum, a proof-of-stake smart-contract platform, has gained easier investor access through ETFs introduced last year.
Read at 24/7 Wall St.
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