The Most Viewed Videos of all Time
Welcome
Login / Register

Bitcoin to Be One of the 2020s’ Top Investments Ex-Goldman Sachs Exec

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Added by Admin in Top 10
60 Views

Description

Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/Yhqr
Can you afford this thing?: http://youtube.com+watch=@3162039724/orwTH
Software at the best prices: http://amzn.com@3162039724/f3ANs

Bitcoin had an amazing past decade by every definition of the word. The price of the cryptocurrency surged by literal millions of percent since its birth in 2009, some of the world’s most important people — Elon Musk included(!) — gave a nod to the cryptocurrency, and the broader industry began a mainstream technological trend. Bitcoin’s clear outperformance against all other assets in existence has left many wondering if the cryptocurrency can keep its macro uptrend intact for the coming decade. According to Raoul Pal — a former Goldman Sachs executive who now is the CEO of finance media company Real Vision — BTC may do just that. He argued that the cryptocurrency would be his choice if he could only own one asset for the next 10 years. On Friday, the Wall Streeter turned markets researcher and media magnate explained why the asset he is most optimistic about for the 2020s is Bitcoin. In a to-the-point Twitter comment, Pal said that he thinks Bitcoin is the perfect asset for him to hold for the next decade because it “encapsulates all of larger macro views,” referencing previous statements he made suggesting the world will turn to an alternative system of finance that will be digital. (Previously, the Real Vision executive said that Bitcoin is basically an option on the future of finance.)He added that from a pure risk-reward analysis perspective, Bitcoin “beats all.”Indeed, per previous reports from NewsBTC, Pal told prominent BTC podcaster Stephan Livera that all popular asset classes are extremely expensive (meaning overvalued), save for BTC. Equities, he explained, are roughly at all-time highs, and are pushing extreme valuations for relatively little profit and potential. Bonds aren’t much better, Pal opines, drawing attention to the “virtually zero yields” — and negative yields in some cases — that debt deemed safe provides. Even real estate isn’t attractive, with the prominent investor calling this asset class “unaffordable”, adding that it makes even less sense to purchase homes because they’re trading near all-time highs. Hence, Bitcoin. Others agree that the following decade for Bitcoin will be formative. More formative than the last. Deutsche Bank in a report published in December said that it thinks that crypto assets have the potential to take over fiat currencies as a whole:

All data is taken from the source: https://www.newsbtc.com/
Article Link: https://www.newsbtc.com/2020/02/01/bitcoin-best-asset-own-next-10-years-heres-why/

#bitcoin #btscstockprice #btcexplorer
#cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Bitcoin to Be One of the 2020s’ Top Investments Ex-Goldman Sachs Exec: https://www.youtube.com/watch?v=LAMMJ17Lrqg

Post your comment

Comments

Be the first to comment
RSS