Date: 2023-04-15T14:40:01Z Creator: Bitfolio Academy
Bank failures and credit freezes seem to be good for Crypto and Gold. Gold is up 9% in the last month; Bitcoin is up over 30%.
Bitcoin is often described as digital gold. And, it is increasingly seen as a hedge against the turmoil in traditional financial markets. Bitcoin could become the new safe-haven asset. Bitcoin is less susceptible to inflation and currency devaluation. And, in the event of a banking crisis, Bitcoin will become even more attractive to investors seeking to protect their wealth from the volatility of tradFi.
I expect Bitcoin to massively outperform the S&P500 and the Nasdaq 100 over the next 18 months.
Let me know in the comments. 🤔
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Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈
Disclaimer: I am not a registered investment advisor, nor a financial advisor. All of my videos are strictly my personal opinion and are not financial advice. Do your own research.
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