Why Bitcoin is the New Tech Stock: A Comparison of Growth Potential

in hive-165987 •  6 days ago 

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I have seen the raise of some cryptocurrency and I found out that the popularity of cryptocurrencies, most importantly the Bitcoin, it has keep rising, also the comparison taking place between trading Bitcoin and trading the stocks of tech giants which it include the Apple, Amazon or Google.

Meanwhile as Michael Saylor said, the recent CEO that was representing the MicroStrategy, trading Bitcoin is the same as trading tech stocks he said this because all are the same technology networks that were destined to grow.

Almost the same like Apple, Amazon, Google, and Facebook the technology industry, it became the most important players in their particular fields, In the matter of space Bitcoin has made a wonderful impact in the world of finance, the made it as the first decentralized cryptocurrency.

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Meanwhile the underling technology of Bitcoin and blockchain, it has that future to transform the way we control the transactions and at the same time give power to disrupt traditional banking systems.

The trading stocks of companies like the Apple, Amazon, or Facebook in some years ago, watching over the market wasn’t as important as knowing that future for the long-term growth.

In some aspects, whenever we are trading Bitcoin, when we time the market, it can lead in making more mistakes at the same time missing the big picture. While we waste our time in predicting short-term fluctuations in the price of Bitcoin, some investors should try and focus in knowing the technology which is behind it and the future for long-term growth.

It just like how Apple, Amazon, Google, and even Facebook, it have that experience in the growth for some decade now, meanwhile Bitcoin has that appreciation in it value since from the beginning.
Also the have been some periods where the price volatility, meanwhile the price for Bitcoin has been higher and higher,allowing it to be a valuable asset for the believers in its long-term potential.

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As time goes as more institutional investors and mainstream companies keep recognizing the value of Bitcoin like a store of value and a hedge which is against inflation, the demand for Bitcoin
Should continue to move forward. The growing adoption in Bitcoin is just like q legitimate asset class strengthening cases for investing in Bitcoin for long term,instead of trying to catch up the market for short-term gains.

So puss coin family, I will say the comparison between the trading Bitcoin and the trading stocks of tech giants like Apple, Amazon, Google, or even Facebook in some years ago mentioned the similarity in the teams of seeing strong technology networks that are ready to grow.

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Bitcoin is rising massively and will continue to. Even though it looks like a lot of countries have not fully accepted the innovation of it. But I actually strongly believe it is just a matter of time before people start seeing the reality

Hello @mesola,

Please work on the quality of your post, it is of little quality.

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