RATE Group | Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst
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Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst

25 Jan Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst

Posted at 12:47h in Bitcoin News by

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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.

PlanB: Amazon “normal” compared to BTC

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. 

“Bitcoin… is a different beast!” PlanB summarized, describing Amazon’s position on the chart as “much closer to normal.”

Amazon’s share price appeared to shake off revelations involving Saudi Arabia allegedly hacking CEO Jeff Bezos this week. Both $AMZN and BTC nonetheless fell over the past seven days, with the latter…

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