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Jamie Coutts: As Bitcoin enters its mainstream moment, the wider asset class will also see adoption and investment inflows

Jamie Coutts: As Bitcoin enters its mainstream moment, the wider asset class will also see adoption and investment inflows

Bitget2024/07/22 11:50
By:Jamie Coutts CMT
2009 is to Millennials what 1982 was to Boomers. The NASDAQ launched in the 1970s but wasn't considered a serious investment venue until the mid-1980s or early '90s. Since then, it has outperformed all other markets.
# Bitcoin launched in 2009 and, for its first decade, was met with ambivalence or derision. As Bitcoin enters its mainstream moment, the wider asset class will also see adoption and investment inflows.
Investing in Bitcoin is a low-risk way to hedge against accelerating debasement, while blockchain assets represent a bet on the secular trend of technological adoption.
Bitcoin and #crypto are two very different assets with distinct risk profiles. So size accordingly, but also zoom out. There is still a long way to go in this secular bull market.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitcoin
Bitcoin
BTC
$102,941.63
-0.41%
Ethereum
Ethereum
ETH
$2,518.84
-3.30%
Tether USDt
Tether USDt
USDT
$1
+0.00%
XRP
XRP
XRP
$2.43
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$651.01
-0.16%
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Solana
SOL
$169.17
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USDC
USDC
$0.9999
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2197
-6.06%
Cardano
Cardano
ADA
$0.7657
-4.28%
TRON
TRON
TRX
$0.2737
-1.15%
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