I like to challenge the "common wisdom of the crowds" on my channel. Today I did a side by side comparison on two asset classes that according to different wisdoms will appreciate due to inflation and rising rates. The winner Year to Date may surprise a lot of new investors.
Interesting, however you are cherry picking entry and exit points.
A better analysis would have been a rolling ROI for banks and bitcoin and to compare that.
That would have taken more work on your part and there are only a few on Trading View interested in doing the work involved with deep analysis.
jshea75231
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wait another 3 months and give another go. ur over here charting Bitcoin trying to steal investors from the market. get out of here. banks don't even have to hold my of the money u deposit anymore. they can lend it all out. it's messed up. f a bank. I don't trust them
raoultesla
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This point is mute. No good or bad, better or worse.
The established Viagr4Lunch geriatrics of NYSE nepotism inbreed hate your fellow man The King is Naked, are the ones buying all the BTC.
Therefore said viewers of grade schools on fire now control 'new' asset. BTC is now just another commodity.
Goldman paid for Circle, Circle made USDC, USDC is the coin that gave Coinbase a marketing campaign.
"More than $20 billion #USDC are now in circulation, from $15 billion less than two weeks ago!" The new Treasury. Printing/minting at current Treasury fiat speed.
weforum.org/events/world-economic-forum-annual-meeting-2020/sessions/shaping-the-future-of-financial-and-monetary-systems
If Brad GarLickHouse went to DAVOS 3 yrs ago (polished a lot of shoes )and now France is pushing for XRP to be EU Central Banc...
Gary Gensler was a Fellow @ MIT teaching BlockChain, now the Chair of the SEC...
VISA, Morgan, Goldman, all planned for 4yrs minimum. Shit, longer.
Don't even start me on Rishi K. Narang Black Box, Quants, running BTC, all crypto, simulations for at least, the very least, 14 months.
We get to trade during the change. The Gen Pop will not know anything but 'assigned' worth from their handheld device in 3 yrs.
elm099jfw
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@raoultesla, the emperor has no clothes, besides a printer.
charliefornia
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damn all the crypto people got so upset from this lmao
jmyGB
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You always seem very angry for some reason. In this video you compared a couple of stocks against BTC ( Great comparison ? ), while ignored all the altcoins. Crypto is not just BTC. The only thing here you can prove is that BTC has a diminishing return of investment. ETH has 284%, ADA has 932% increase etc. since January the 1st. which makes your comparison very very weak. Sorry but you lost a follower (not that you probably care).
norok
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@jmyGB, The outperformance of other cryptocurrencies is due to their volatility.
In the recent downturn from the prior highs...
ETH went down -60.31%
ADA went down -60.47%
BTC went down -50.67%
Instruments with higher volatility will have higher returns but also higher risk. If an investor does not consider volatility and risk then they are not accounting for the other side of the coin.
elm099jfw
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umm no you dont seem angry, just a wojak discouraging you from actually saying anything worth saying. Where is my down vote choice? or does google own this place as well.
akatsiya
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@jmyGB,
Are you crazy ? Why you saying he is angry ?
A better analysis would have been a rolling ROI for banks and bitcoin and to compare that.
That would have taken more work on your part and there are only a few on Trading View interested in doing the work involved with deep analysis.