Why Bitcoin Is A Long-Term Investment
One of the biggest misconceptions surrounding Bitcoin is how investing in the popular digital currency will result in overnight riches. Similar to any other type of investment, Bitcoin is a long-term plan. The day of major gains and losses in a short period of time seem to be over, and investors need to keep in mind that Bitcoin is here to stay. From a traditional investor point of view, every decision made has to pay off in the shortest amount of time possible. The pressure to deliver short-term results is mounting, and long-term investments are no longer part of the day-to-day....
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Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment? The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar. For years, crypto traders have referred to Bitcoin (BTC) as “digital gold,” but is it actually a better investment than gold? Let’s take a look at some of the conventional arguments investors cite when....
Bitcoin has beaten the world’s biggest tech companies including Facebook and Google on annual returns since 2012 as analysts eye its long-term investment potential. Bitcoin Annual Returns Top Facebook 8 Times Over. According to figures republished by ARK product lead Chris Burniske, Bitcoin has provided a 212% compound annual return on investment since Facebook’s IPO five years ago. By comparison, Facebook itself has generated just 27.1% returns. Amazon managed 31%, Netflix a more solid 72.7% and Google a lackluster 23%. The data comes as more and more investors join in championing Bitcoin....
Sarah Levy referred to the company considering "a long-term buy and hold the asset as a smaller portion of a portfolio, rather than as sort of a trading opportunity short term.” Betterment, a U.S.-based financial advisory company with roughly $30 billion under management, is mulling offering crypto investment opportunities for its customers. In an interview with Yahoo Finance released today, CEO Sarah Levy said the company had been searching for ways to offer Betterment customers a means to add crypto to their portfolios given the growing interest in the digital asset space. She added that....
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption,” JPMorgan’s analysts explained.
JPMorgan’s Bitcoin Price Prediction
Global investment bank JPMorgan has revealed its prediction for the long-term price of bitcoin as well as the cryptocurrency’s fair value.
JPMorgan Chase & Co.’s....
On-chain data shows that Bitcoin long-term holders have continued to hold strong recently as their exchange inflows have remained low. Bitcoin Long-Term Holder Supply Has Set A New All-Time High The “long-term holders” (LTHs) refer to all those investors who have been holding onto their coins since more than 155 days ago. Generally, the longer […]