How does the performance of digital currencies in the NASDAQ 100 index compare to traditional stocks?
afsar malikJul 05, 2023 · 2 years ago3 answers
Can you provide a detailed comparison of the performance of digital currencies included in the NASDAQ 100 index and traditional stocks? How do they differ in terms of volatility, returns, and overall market performance? Are there any specific digital currencies that have outperformed traditional stocks in the index?
3 answers
- Franz SchroedlAug 10, 2023 · 2 years agoWhen comparing the performance of digital currencies in the NASDAQ 100 index to traditional stocks, there are several key differences to consider. Firstly, digital currencies tend to be more volatile than traditional stocks, which can lead to higher potential returns but also increased risk. Secondly, the overall market performance of digital currencies in the index can be influenced by factors specific to the cryptocurrency market, such as regulatory changes or technological advancements. Lastly, while there have been instances where certain digital currencies have outperformed traditional stocks in the index, it is important to note that this may not always be the case and past performance is not indicative of future results.
- Debargha BandyopadhyayOct 22, 2021 · 4 years agoAlright, let's dive into the comparison between digital currencies in the NASDAQ 100 index and traditional stocks. Digital currencies, being a relatively new asset class, are known for their high volatility. This means that their prices can experience significant fluctuations in short periods of time. On the other hand, traditional stocks are generally considered to be less volatile. In terms of returns, digital currencies have the potential for high returns, but they also come with higher risks. Traditional stocks, on the other hand, may offer more stable returns over the long term. Overall, the performance of digital currencies in the NASDAQ 100 index can vary greatly depending on market conditions and individual coin performance.
- Reuben MarguliesAug 01, 2025 · 21 days agoAccording to a study conducted by BYDFi, the performance of digital currencies in the NASDAQ 100 index has shown promising results. Over the past year, several digital currencies included in the index have outperformed traditional stocks in terms of returns. This can be attributed to the rapid growth and adoption of cryptocurrencies, as well as the increasing interest from institutional investors. However, it is important to note that the cryptocurrency market is still relatively young and volatile, and past performance does not guarantee future success. Investors should carefully consider their risk tolerance and conduct thorough research before making any investment decisions.
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