Friday, July 8, 2022

Bitcoin Risk


Bitcoin's risk is higher than that of even technology stocks measured by its standard deviation or volatility.

Is Bitcoin's risk well compensated? Even as things stand, I would say yes.

In November 2016, Bitcoin's price was 327 USD compared to approximately 21 740 USD now. So even after the near 70 % fall from its recent peak, if one went in early in Bitcoin, he or she could have made more than 50 times on the initial investment in little more than 5 years.

I forecast than in the short-term, mid-term and long-term future Bitcoin and most other sound cryptocurrencies will continue to be a quite good investment opportunity. 

Simply because Bitcoin, its underlying blockchain and crypto provide too many value enhancing opportunities for both people and corporations.



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