#数字资产市场洞察 Ten years of time, different choices for millions of capital

Suppose ten years ago, you had 1 million in idle money and invested it in different asset classes. How much would it be worth today? This question is worth dissecting.

The most regrettable choice might be like this: buying government bonds only left 1.4 million, the CSI 300 is now only 1.04 million, and the Shanghai Composite Index is even worse, having dropped to 950,000. Among traditional stock indices, Tencent performed well, increasing more than four times to 4 million. But all of these pale in comparison to crypto assets.

The performance of $BTC is incredible—2.624 billion. No decimal point, it’s that exaggerated. Tesla has also risen over 120 times, but it’s only 120 million. Apple is more stable, with a return rate of around 98 million. What about the leading A-shares like BYD and Xiaomi? They are 60 million and 15 million respectively. The Nasdaq 100 index, as a representative of the US tech sector, has only increased by 4.42 million over the past decade.

Interestingly, precious metals and the bond market performed mediocrely—gold at 3.25 million, silver at 1.8 million, completely underperforming stocks. The most heartbreaking might be for P2P investors, whose initial 1 million is now worth 0. Real estate stocks like Country Garden and Evergrande have made people taste the bitter flavor of decline.

The logic behind this set of data is clear: over the past decade, the fastest growing assets have not been traditional financial assets, but those with technological attributes and global liquidity. This is also why more and more people are beginning to pay attention to the performance of crypto assets.