Gold or not gold: The endless debate in the finance world
As Eric Balchunas comments, it's unreasonable to judge the nature of an asset based solely on one year's profit. If next year BTC surges again, will analysts call it digital gold? The market always moves according to new data, and it's normal for banks to change their views continuously. Don't get caught up in these momentary definitions; focusing on your own strategy is the best approach. $BTC
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Gold or not gold: The endless debate in the finance world
As Eric Balchunas comments, it's unreasonable to judge the nature of an asset based solely on one year's profit. If next year BTC surges again, will analysts call it digital gold? The market always moves according to new data, and it's normal for banks to change their views continuously. Don't get caught up in these momentary definitions; focusing on your own strategy is the best approach. $BTC