Should I Buy Bitcoin Rather than Gold?? The hottest discussion on Wall Street right now!
With the virtual currency Bitcoin hitting a record high、Institutional investors are withdrawing large amounts of money from gold
Is this just a coincidence?、Or is it the beginning of a turn that will have a serious impact on the crypto and precious metal markets?、I can't say for sure、Whether Bitcoin will become an asset comparable to gold in the future、The debate is divided
However、The debate is now about whether Bitcoin will one day be comparable to gold as an asset for inflation hedging and portfolio diversification.、Heating
Bitcoin, which rose 150% this year, plummeted last week、3Recorded the largest decline since the month、It highlights the high volatility of Bitcoin, which is causing general investors to hesitate.
Cryptocurrency investor Jean-Marc Bonufu "Gold was once a safe haven for the world and baby boomers、Now it is being replaced by assets like Bitcoin. "
However、If even a part of the gold held by general investors begins to move to the Bitcoin industry、Will revolutionize Wall Street's decentralization strategy
Former Commodity Hedge Fund Manager、Currently, crypto investor Jean-Marc Bonufu、"Gold was once a safe haven for the world and baby boomers,、Now it's being replaced by assets like Bitcoin. "
Bitcoin rather than gold, the king of safe assets(Digital gold)Should i buy?
Although it has been a big debate among general investors and institutional investors, even if you look at the recent volume and inflow rate of funds, Bitcoin(Digital gold)Is likely to continue to grow as an asset that is incorporated into the portfolio as well as the preservation of wealth, with increasing attention and demand.
Selling gold-linked exchange-traded fund (ETF) holdings to buy Bitcoin
According to JPMorgan Chase analysts、Family offices and other funds、It is said that it is selling its holdings of exchange-traded funds (ETFs) linked to gold in order to buy Bitcoin.
The Grayscale Bitcoin Trust, which is favored by institutional investors as a Bitcoin investment vehicle、8It has more than doubled on a dollar basis since the beginning of the month
