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Why do people compare spy with bitcoin? You could say GME blows BTC out of the water for instance.

• gst 4y ago
  Because a well diversified portfolio is a good comparison/reference for individual investments. A better choice than S&P 500 would probably be the FTSE Global All Cap Index.
  • endisneigh 4y ago
    Why pick Jan 1 2020 instead of using the YTD? Seems arbitrary to suit your agenda, whatever it is. Might as well use Jan 1 2021
    • gst 4y ago
      Anything after Jan 1 2020 is probably not a good comparison due to the Covid-related market volatility. Anything before could also make sense (personally I have a long term target so I care more about longer time ranges), but would be even more in favor of Bitcoin.
      • endisneigh 4y ago
        So basically if bitcoin loses it’s not a good comparison, lol.