The difference is quite clear...more and more investors are now interested with Bitcoin compared to gold though, of course, there is nothing wrong with gold per se but since investors are always look for the best ROI then the choice is so clear for them.
The difference is quite clear...more and more investors are now interested with Bitcoin compared to gold though, of course, there is nothing wrong with gold per se but since investors are always look for the best ROI then the choice is so clear for them.This is just the start IMO because many are still fearing to enter the market and some are not that sharp to make quick decisions like the ones who already invested in BTC instead they also invested in Gold too because I would do the same if have enough funds but to diversify I have invested in different tokens to manage risk but the best risk management should be to invest in two or more different independent markets.
The chart (https://coinmarketcap.com/community/post/347728401/) above is telling us how big is the shift of investors' preference from gold to Bitcoin. To get to the $33.2B of their gold ETF it took 20 years but in getting into $57.8B of Bitcoin ETF it just took a year.I am not the only one who laughed when I saw this picture, right?! We had seen WallStreet deny BTC, and we had also received criticism from many relatives and friends for daring to believe in BTC. Now everything has changed, we see WallStreet loves BTC crazily and the success of IBIT is the most convincing evidence.
The difference is quite clear...more and more investors are now interested with Bitcoin compared to gold though, of course, there is nothing wrong with gold per se but since investors are always look for the best ROI then the choice is so clear for them.
Yeah maybe investors wanted the high volatility of Bitcoin for the best profit plus you know inflation rate is quite high nowadays no doubt why big players are now choosing Bitcoin over other investment assets like gold. Bitcoin's growth is fast that is why adoption following.It's actually more of an undeniable fact than some regular speculation that big firms like black rock and micro strategy are trying to acquire much bitcoins by buying huge tons of it to help them hold enough liquidity which will be of great potential profits once there is a strong move in price to the upside. Infact some governments are actually trying to do the same thing. All over the internet you will find news of the US trying to put huge bitcoin reserves into play.