Well, for us obviously it's a best choice for investors. We have seen Bitcoin's tremendous journey since it's inception and how a few of it's early adopters become millionaires today and they have wielded so much influence and then we want to emulate how they made profits in Bitcoin, and so we become holders.
But there are also one group in the other side, we might be going into altcoins with gives better result in terms of ROI but the risk is there.
And some who invest on Gold, not that volatile, but still as a long term it's one of the best.
So it's up to us where we want to put our money here or in other commodities/assets.
Topic: Bitcoin is the Choice of Investors - page 7. (Read 1046 times)
The caption is actually confusing because using the word "investors" and not "some investors" is actually equivocal. There is no doubt Bitcoin has gained significant popularity given the uncertainties in the global political and financial systems. A lot of investors are actually looking for a safe haven, but I wouldn't say Bitcoin is their choice already.
The approval of some of the Bitcoin ETF will actually pave the way for some of these investors to enter into Bitcoin.
The approval of some of the Bitcoin ETF will actually pave the way for some of these investors to enter into Bitcoin.
Bitcoin is the Choice of Investors
Gold has had hedging functions for many years, while Bitcoin is just getting started, implying that Bitcoin will earn additional value over the next ten years.
Taking a cue from Ark Invest CEO Cathie Wood, I can state unequivocally that investors are currently paying more Keen interest on Bitcoin than ever before.
ARK Invest is an American investment management firm that provides solutions to investors seeking profitable development in the public market. Notably, the US Securities and Exchange Commission has received an application from this company seeking to establish a Bitcoin ETF for trading on the spot market.
Cathie Wood, who appeared on the show 'Merryn Talks Money' to discuss current financial events, chose Bitcoin over gold for a decade. Her stance was that young people who represent the futures market prefers holding Bitcoin, and Bitcoin has recently outperformed Gold in terms of hedging.
Some significant points that I believe investors are taking note of is that:
Gold has had hedging functions for many years, while Bitcoin is just getting started, implying that Bitcoin will earn additional value over the next ten years.
Taking a cue from Ark Invest CEO Cathie Wood, I can state unequivocally that investors are currently paying more Keen interest on Bitcoin than ever before.
ARK Invest is an American investment management firm that provides solutions to investors seeking profitable development in the public market. Notably, the US Securities and Exchange Commission has received an application from this company seeking to establish a Bitcoin ETF for trading on the spot market.
Cathie Wood, who appeared on the show 'Merryn Talks Money' to discuss current financial events, chose Bitcoin over gold for a decade. Her stance was that young people who represent the futures market prefers holding Bitcoin, and Bitcoin has recently outperformed Gold in terms of hedging.
Some significant points that I believe investors are taking note of is that:
- During the March 2023 regional bank crisis, the value of Bitcoin increased from $18,900 to $30,000. This was a strong indication that Bitcoin is more than just a hedge against inflation; it is also a "Safe Haven."
- "Transparent and Decentralized" is how Bitcoin describes itself and this has remain true over time.
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