BTCUSD When compared to GOLDGOLD, BTCUSD is an inferior investment for the foreseeable future. Here's why: 1) Although there is some correlation, GOLD is less volatile, 2) GOLD has outperformed BTCUSD, 3) Although BTC is a functioning digital currency, GOLD is a proven safe haven for thousands of years, and BIG MONEY is following that, 4) BTCUSD risk/reward ratio is too high and short term predicts negative return if going long, 5) BTCUSD favors short positions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.