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Topic: [2017-01-08] Study: Bitcoin Hedges Global Uncertainty (Read 362 times)

legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
Bitcoin is still way too young for a study to draw conclusion about its behaviour from past data.
Bitcoin has been on an upward trend, while equity markets have been volatile.
I wouldn't draw any conclusions just on the basis of the last 5 years data.
hero member
Activity: 1274
Merit: 622
A newly released study on the relationship between bitcoin and global uncertainty finds that bitcoin acts positively to uncertainty. Analyzing a lengthy period from the 17th of March, 2011, to the 7th of October, 2016 by using the VIX index, a widely used key market risk indicator that reflects market sentiment and investor expectation of 14 countries, Brazil, Canada, China, France, Germany, India, Japan, Mexico, Russia, South Africa, Sweden, Switzerland, the UK and the US, the study concludes:

“Bitcoin is shown to serve as a hedge against uncertainty at the extreme ends of the Bitcoin market and global uncertainty, but at shorter investment horizons. Therefore, short-horizon investment in Bitcoin can help investors hedge global equity market uncertainty, especially when the market is functioning in bear and bull regimes and also when uncertainty is either low or high.”

More and study (PDF) here
https://www.cryptocoinsnews.com/study-bitcoin-hedges-global-uncertainty/

I wish more rich people know that they really can save their money with Bitcoin. Just imagine how much money would be saved if people in Venezuela would buy BTC with their Bolivars several years ago or even just one year ago. This would be a win win situation for everybody: those who buy BTC would save their money, those who hold BTC would be happy about the price rising.
zby
legendary
Activity: 1594
Merit: 1001
This is nice - we only need some more prestigious entity to join.
legendary
Activity: 2310
Merit: 1422
A newly released study on the relationship between bitcoin and global uncertainty finds that bitcoin acts positively to uncertainty. Analyzing a lengthy period from the 17th of March, 2011, to the 7th of October, 2016 by using the VIX index, a widely used key market risk indicator that reflects market sentiment and investor expectation of 14 countries, Brazil, Canada, China, France, Germany, India, Japan, Mexico, Russia, South Africa, Sweden, Switzerland, the UK and the US, the study concludes:

“Bitcoin is shown to serve as a hedge against uncertainty at the extreme ends of the Bitcoin market and global uncertainty, but at shorter investment horizons. Therefore, short-horizon investment in Bitcoin can help investors hedge global equity market uncertainty, especially when the market is functioning in bear and bull regimes and also when uncertainty is either low or high.”

More and study (PDF) here
https://www.cryptocoinsnews.com/study-bitcoin-hedges-global-uncertainty/
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