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a good tooth, gets no gold
It was a good test for Bitcoin and Cryptocurrencies. During the pandemic Coronavirus, apparently didn’t do well either so far. Comparing Stocks vs. Bitcoin, Bitcoin seems to be worst than Stocks as now, will it change later? we don’t know. Currently over the past couple weeks, Stocks been crashing down deeper and deeper, your $100 investment now is $25. It’s scary to think that people might have loose hope and will never invest again, if that’s the case then $25 will be normal price if it doesn’t go down any deeper.
Bitcoin and other Cryptocurrencies didn’t do so well either, some cases it’s worst to invest in Bitcoin than Stocks. Gold and Silver and Oil not doing well either. It’s really up to Bitcoin Cryptocurrencies to show some power now, but doesn’t seems like it will, some analyst even predict $2000s will be the norm price for Bitcoin. At the end of the day, nobody can really predict the price of Bitcoin accurately, it’s like betting 50/50 on a card game double your money, by luck in other word.
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