Nvidia vs. Bitcoin: The Next Decade's Battle ⚔️
Nvidia outperformed Bitcoin over the past decade, but crypto experts see slim chances of a repeat. 🚀
“Swan Bitcoin CEO Cory Klippsten says there’s a 'near zero chance' of Nvidia outperforming #bitcoin in the next 10 years,” noted on May 24. Investment strategist Lyn Alden agrees: “I’d pick Bitcoin over Nvidia for the next ten years.” 📈
From May 23, 2014, to May 23, 2024, Nvidia saw a whopping 21,558% return, while Bitcoin returned 13,048%. But recent data shows Bitcoin gaining 31.7% compared to Nvidia's 30.2% since January. 📊
A $10,000 investment in Nvidia in 1999 is now worth $25.3 million! But would Nvidia have seemed riskier in 2014 compared to Bitcoin? Back then, both AI and Bitcoin had less adoption. 🤔
21st.capital’s "Sina" suggests financial assets like Bitcoin might have broader impacts than AI. “No network effects in AI; multiple layers in money,” Sina argued.
Optimistic Bitcoin predictions are out there: Bitcoin might hit $210,000 by January 2026, but could drop to $60,000 afterward, says Giovanni Santostasi. 📉
Stay tuned for more crypto insights! 👍
Disclaimer: This is not financial advice. Always do your own research before investing. Generous contributions support our mission to provide top investment advice. Your tips help us serve you better. 💡