After the battle is over the battlefield is full of heroes who wanted to be in the first line but somehow ended in the rear
How about we scroll back a few pages in the speculation board during the middle of March drop to below 5$ and read a bit how much of a safe asset was bitcoin considered at that time. A safe asset is one that doesn't drop during a crisis, not one that recovers when the worst is almost over,
BTC has done nothing special compared to traditional stocks, what is worse that although it was on an ascending trend before the pandemic it took a harder hit than other investments right in the middle. Also, let's not forget how people tend to cheer events and then forget about them, everyone was hyped on how coinbase came out with the news of people buying coins of the same value of stimulus checks, and although praising money printing as possible surge for the bull run now they are minimizing it, claiming
BTC growth is not because of that.
As much as I dislike gold, it did perform better when it was needed, the max drop it took this year is of only 15%. On the long run yeah,
BTC gains in terms of $ value will clearly be superior by far, I can't see gold doubling or tripling its value in a small time frame as can
BTC but I also see it far less vulnerable to out of the blue dumps.
Well, analyst also though that
Why Many Analysts See Gold Going As High As $10,000, the term analyst has become a joke, they could call themselves clairvoyants as their results are quite on par with those.