The portfolio of investors varies from one investor to another, but recently, many are paying special attention to investing in Bitcoin, perhaps because it is characterized by profitability and a high investment return, but it is also very risky compared to other assets such as stocks or gold.

Bitcoin suffered a violent fall in March, but that did not stop it from being the most profitable investment in 2020, outperforming gold and oil as well as major stock indices.

Since the start of the year, bitcoin has experienced some of its highest volatility ever, with its price fluctuating between a high of $10,446 on February 13 and a 2020 low of $4,111 on March 13.

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as such registered The currency is a historical decline in one day, as it fell from 7,717 dollars to 4,111 dollars in one day, which means a loss of 47%.

Despite this high volatility, Bitcoin has now managed to recover most of the value lost during its mid-March crash, and is now up 22.4% since the beginning of the year.

On the other hand, gold has also achieved solid results so far in 2020.

The general yellow metal started at $1,529 an ounce, then rose to $1,700 in early March, before dropping to a low of $1,491 during mid-March.

Since then, gold has recovered to its current value of $1,675 an ounce, which equates to an increase of 9.5% year-to-date.

Although both bitcoin and gold saw a big sell-off in mid-March after the World Health Organization declared the coronavirus pandemic, they have returned to their pre-crash price.

Compared to other assets, major US stock indices including the Dow Jones Industrial Average (DJI) and the S&P 500 are still in the red after the crash, with the Dow Jones Industrial Average down 15.7% year-to-date, while the S&P 500 is down by 10.6% since the beginning of the year.

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With the world entering a period of economic slowdown as a result of movement controls put in place in most countries to curb the spread of the coronavirus, many industries have been hit hard.

Among the industries affected is the crude oil industry, which saw devastating losses in the first four months of 2020.

Last April, West Texas Intermediate (WTI) futures were trading below zero due to a combination of severely short demand and oversupply, forcing traders to pay buyers to take it out of their hands.

Although things have recovered somewhat since then, WTI futures were trading in June 2019 for $60 while they are currently trading for just $18.59.

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Likewise, shares in oil majors such as ExxonMobil and Chevron Corporation have fallen this year, dropping to their lowest level in more than a decade.

Banking companies have also been affected by the Corona virus, as announce Britain’s HSBC reported a 50% drop in profits, while Spain’s Santander suffered an 82% drop in quarterly net profit.

Will Bitcoin continue to play the role of the hero and steal the limelight from all the aforementioned investments?

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