empty
 
 
Stai per lasciare
www.instaforex.eu >
il sito gestito da
INSTANT TRADING EU LTD
Apri un conto

07.09.202116:27 Forex Analysis & Reviews: Bitcoin vs. Gold: how to avoid a "multibillion-dollar mistake"

Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.

The CEO of Microstrategy said that his company avoided a "multibillion-dollar mistake" by deciding to invest in bitcoin instead of gold. Microstrategy currently has about 108,992 bitcoins on its balance sheet.

Michael Saylor tweeted on Sunday: "If I had chosen gold over bitcoin last year, it would have been a multibillion-dollar mistake."

He also published data on the payback of gold compared to bitcoins. According to him, over the past 12 months, gold has brought 5.88%, and the yield of bitcoin was 376.34%. In addition, the yield of gold compared to the main cryptocurrency was -80% over the past 12 months.

Microstrategy considered the prospect of bitcoin in time and made its acquisition one of its main goals.

Earlier, Michael Saylor said that gold is dead money, urging investors to sell it and buy bitcoin. He said that many intend to dump the precious metal, and if you wait until hedge funds start doing it, you can get out last at the lowest price.

In April, Saylor and Frank Giustra were already arguing about bitcoins and gold. At the time, the CEO of Microstrategy explained that "diversification does not make sense when there is an exact answer to an engineering problem." Then he drew the following analogy: "You will never be able to diversify the metal in the wing of an airplane, or the answer to a mathematical problem, or the shape of the ship's hull, or the oxygen content in the scuba tank. When the cabin pressure decreases, you do not put an oxygen mask on 10% of your family members. Money is a competition in which the winner gets everything. There is an answer. Choosing the wrong answer has terrible consequences."

Meanwhile, a survey by UBS, the largest bank in Switzerland, showed that banks see advantages in investing in cryptocurrencies such as bitcoin. Among respondents, 28% consider cryptocurrency an uncorrelated asset, and "11% would consider it an alternative to gold."

And what about those who are not ready to invest in either gold or bitcoin but use both for speculative trading? Be guided by technical analysis to find the best entry points, even if these transactions are short-term.

The BTCUSD chart shows that the main cryptocurrency has not yet managed to overcome the resistance zone of 52000.18 - 52929.55. The price bounces down from it and will probably test the strength of the level of $ 50,000 per coin. If the fight for it continues, bitcoin may go down to the corridor of 46299.48 - 50513.53 before it continues to grow.

And if the overcoming of the resistance zone of 52000.18 - 52929.55 happens quickly, then the nearest target for BTCUSD will be the level of $ 55,000 per coin.

Exchange Rates 07.09.2021 analysis

Eseguito da Ekaterina Kiseleva
Esperto analista di InstaForex
© 2007-2024

Apri un conto di trading

Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

Guadagna sulle variazioni dei tassi di cambio delle criptovalute con InstaForex
Scarica MetaTrader 4 e apri la tua prima operazione



Stai per lasciare www.instaforex.eu, il sito Web gestito da INSTANT TRADING EU LTD
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.

Turn "Do Not Track" off