JPMorgan Predicts 10% Annual Bitcoin Returns, is it too conservative?

[freedomgo]

I don't think this prediction is negative though. It could attract investors searching a safe store of value, for the first time, if even a conservative bank predicts a ROI way above inflation.

Thanks for the computation, which proves that their prediction is just conservative, and I think that's really how banks operate.

For instance, if we take out a loan and put up collateral, they usually give us 50% or even less of its value.

So the same goes with bitcoin, to be on the safe side they made a conservative prediction, and that long-term 10% return is already better than what many other types of investments offer, therefore the risk now is how to secure our bitcoin since the rate of different scams in crypto is still high.

[sergiorus]

I don't think this prediction is negative though. It could attract investors searching a safe store of value, for the first time, if even a conservative bank predicts a ROI way above inflation.

which proves that their prediction is just conservative

I think that proves they just don't do any math for the public predictions. They are like influencers at this point, they ''create content'', not accurate calls.

I mean I can't blame them, if the projected returns were based on actual historical data then it would look like they shill BTC because it would look outstandingly high next to other assets they covered. And of course they don't want that.

However, they probably strongly believe BTC will be the best performer so gave it just a little bit more of projected growth than to the rest so they can claim they were right about it later.

[leea-1334]

What a world we live in that 10% annual returns is conservative   For me the wisdom of conservative is basic 'interest minus inflation' and that usually is max 1%, locked in longterm, government bonds for example. If you sold 10% annual here people would go crazy taking all their banks accounts empty and putting it with JPMorgan.