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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, October 23, 2021

Bitcoin as an Alternative to Investing in Stocks


Bitcoin's price reached an all time high this week. Many famous stock investors like Michael Novogratz have reportedly made a fortune investing in the new asset class of mainly Bitcoin and other cryptocurrencies.

Yes, Bitcoin dose not provide cash flows in the form of dividends, but also do not Amazon, Alphabet, owner of Google, Facebook, Tesla, Netflix and most technology stocks. And yet they are worth tens of billions and often hundreds of billions USDs and in Amazon and Alphabet's cases more than a trillion of USDs.

I do think Bitcoin could prove an altertnative to investing in stocks, be it at a lower percentage of the overall investment portfolio.

Bitcoin is undervalued, transforming our world and barring a black swan event like governments outlawing it, Bitcoin and main other cryptocurrencies are set to thrive in the future.

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