How does the performance of cryptocurrencies compare to Dow Jones US?

3 answers

• MARGAUX SAYAMAug 13, 2024 · a year ago
  Cryptocurrencies and the Dow Jones US index have different characteristics when it comes to performance. Cryptocurrencies, being a relatively new and emerging asset class, are known for their high volatility. This means that their prices can experience significant fluctuations in a short period of time. On the other hand, the Dow Jones US index represents a basket of established and well-known companies, which tend to have more stable and predictable returns. Therefore, in terms of volatility, cryptocurrencies are generally more volatile than the Dow Jones US index.
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• Bevan200May 02, 2024 · 2 years ago
  When comparing the performance of cryptocurrencies to the Dow Jones US index, it's important to consider the time frame. Cryptocurrencies have experienced both significant gains and losses over the years. For example, in 2017, many cryptocurrencies saw massive price increases, while in 2018, the market experienced a significant downturn. On the other hand, the Dow Jones US index has shown a more consistent upward trend over the long term. So, while cryptocurrencies may offer the potential for higher returns, they also come with higher risks.
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• NURUL AFIA ABD. MAJIDMar 29, 2022 · 4 years ago
  According to a study conducted by BYDFi, a digital asset exchange, the performance of cryptocurrencies has been more volatile compared to the Dow Jones US index. The study analyzed the returns and risk of cryptocurrencies and the Dow Jones US index over a 5-year period. It found that cryptocurrencies had higher average returns but also higher volatility, as measured by standard deviation. This suggests that while cryptocurrencies may offer the potential for higher returns, they also come with higher risk compared to traditional stock market indices like the Dow Jones US.
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