2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC127: Long-Term Holders Driving the Bitcoin Market w/ Dylan LeClair (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin's Sharp Ratio

Bitcoin finished the year down 65% from, you know, January 1st to December 31st in risk adjusted terms. This is an interesting metric for people that would look at this and say, well, you're not showing last year's performance and it was down hard. No one went all in on Bitcoin at 69,000 and then sold at 15.5. And if you did, then you're obviously very, very unskilled, right? But like I've shared this, this static a couple of times, it's really, really fascinating. It's like, if you started dollar cost averaging into Bitcoin... You're outperforming everything despite buying the top, right?"

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