Bitcoin is Risky, but Uncorrelated With Stocks: Scott Melker

[sirty143]

Crypto trader Scott Melker says that while stocks and Bitcoin (BTC) have appeared to move in tandem since Black Thursday: “They are not correlated assets”... See more for yourself here.

Your opinion is greatly appreciated.

[Senin]

Of course, bitcoin and stocks are completely different financial assets. They are united only by the fact that their value depends on supply and demand in the market, as well as the fact that stocks sometimes exhibit rather high price volatility. However, stocks reflect the demand, as a rule, for the material production of goods or services and are denominated in the common currency of states.

[krypto4uvak]

As they say - wait and see.

[Prime]

Yes, I personally also think and believe that the Bitcoin and other cryptos are risky because they are volatile and decentralized. DIfferent from the stocks. However, to compare the value and also price, I think that why we should make any blem of this? The BTC is much worth for investment, whatever the period whether short or even long

[lepbagong]

Yes, I personally also think and believe that the Bitcoin and other cryptos are risky because they are volatile and decentralized. DIfferent from the stocks. However, to compare the value and also price, I think that why we should make any blem of this? The BTC is much worth for investment, whatever the period whether short or even long

why should doubt the existence of bitcoin to be used as an investment, bitcoin is a very promising investment to date.
all of course depends on the analysis that you do, whether bitoin is worth investing in short-term or long-term, because it's as good and as beneficial.

bitcoin movements are very fast so it needs an accurate analysis if you are going to make a short-term investment, because the action to execute to buy and sell must be fast because bitcoin can quickly correct itself for improvement.

can't compare stocks with bitcoin because it clearly makes a difference in designation.
stocks are not as fast as their movements when compared to bitcoin, yet the value carried is also very different at all.
bitcoin is still very promising for short-term or long-term investments.

[Gurujebs]

Yes, I personally also think and believe that the Bitcoin and other cryptos are risky because they are volatile and decentralized. DIfferent from the stocks. However, to compare the value and also price, I think that why we should make any blem of this? The BTC is much worth for investment, whatever the period whether short or even long

Everything in life is risky, just ratio difference.
Forex crash around March, USOIL crash to negative value in the history for the first time, what do you call that?

Bitcoin is enigmatic in nature that why majority of maximalist prefer it to stock is because of it immense gains.

[jonathancool220]

Stocks and Bitcoin are clearly far different.
From the purpose he created it is also clearly different, let alone the name. LOL

I think this is good news for Bitcoin because it is very different from stocks.
I prefer trading Bitcoin, to trading with Stocks because stocks are usually only rich people who trade and where I live no one trades stocks.

[syedrasool2011]

Bitcoin is so much risky be carefull now its going down

[syedrasool2011]

Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise

[Gurujebs]

Bitcoin is so much risky be carefull now its going down

Was the same at 5k,8k,9k and now 10k.
Buy bitcoin for long term, you will enjoy it.