Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on October 29, 2018, 03:17:27 PM

Title: Bitcoin can be analyzed as a kind of stock
Post by: emma.lee1890 on October 29, 2018, 03:17:27 PM
- Remember that Bitcoin has no correlation with any kind of commodity in technical analysis such as stocks, bonds, crude oil. Large banks and investment funds in the world have their own research team on the analysis of the currency.
- When you own a stock, you are holding a corporation in the flesh, when you own a bitcoin or other electronic currency, you have to accept a complete dependence on technology and algorithms. You can not complain about anyone because nobody is the owner, nobody is responsible for the goods you are holding.
- If the price of securities is impacted by macroeconomic, micro, market, brand