Bitcoin A ‘Different Beast’ Compared to Amazon
Oh, it is different, for sure – nothing compares to Bitcoin, it’s unlike anything this world has ever seen:
Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst
Bitcoin’s (BTC) risk-return is a “different beast” compared to even the darling of the stock market of the 2000s, Amazon. That was the conclusion drawn by one of the cryptocurrency industry’s best-known analysts and the creator of a uniquely accurate Bitcoin price model.
Uploading a chart showing BTC risk-return versus Amazon stocks, U.S. bonds, gold and the S&P 500 on Jan. 24, PlanB showed Bitcoin behaved completely differently as an investment.
Amazon’s significant losses in the year 2000, combined with its revered recovery ever since still keeps it far below Bitcoin’s risk-reward ratio.