key takeaway on bitcoin: Bitcoin’s annualized volatility generally hovers between 30% and 50%, roughly 3 to 4 times higher than that of gold or the S&P 500 ...
thus, bitcoin is also completely useless as a store of value; bitcoin is useful ONLY for rank speculation and illegal financial transactions ... period ....
thus, bitcoin is also completely useless as a store of value; bitcoin is useful ONLY for rank speculation and illegal financial transactions ... period ....
If you're providing savings advice to fruit flies, a one year window is probably excessive. If you're a human saving for your future where the government deficit spends year after year I'd suggest a longer time horizon for savings. The 2024 introduction on Wall Street and resulting passive flows are going to further reduce volatility over time as adoption increases.