When it comes to trading and investing in Bitcoin and digital assets, beginners often fall into common pitfalls that can negatively impact their portfolios. These pitfalls are often driven by human emotions such as fear and greed, which can cloud judgment and lead to poor decision-making.
One of the most significant pitfalls is the tendency for beginners to make impulsive decisions based on fear and panic. When the market experiences a downturn, novice traders and investors may succumb to the fear of losing money and hastily sell their assets at a loss. This knee-jerk reaction can prevent them from benefiting from a potential recovery and growth in the market.
On the other hand, beginners may also be driven by greed, hoping to make quick profits and chasing after the latest trends. This can lead to FOMO (Fear Of Missing Out) and irrational decision-making. They may buy into a digital asset at its peak, only to see its value plummet shortly after.
To navigate these pitfalls and make rational investment decisions, it is crucial to remove human emotions from the equation. This is where a professional strategy like Akrido’s digital assets Bitcoin mastery strategy comes into play. By relying on a proven and systematic approach, investors can effectively remove the influence of fear and greed and make decisions based on sound analysis and strategy.
Now, let’s compare the performance of Bitcoin to other prominent assets over the past number of years.
### Bitcoin’s Superior Performance Compared to the S&P 500, NASDAQ 100, and Gold
Over the last decade, Bitcoin has consistently outperformed other asset classes such as the S&P 500, NASDAQ 100, and Gold. According to data from Nasdaq, gold’s return on investment (ROI) in USD has seen a mere -0.25% over the last 10 years[1](https://www.nasdaq.com/articles/bitcoin-vastly-outperformed-gold-and-sp-500-over-the
