Swan Bitcoin CEO: The chances of Nvidia stock beating Bitcoin again in the next decade are “almost zero”
Investment strategist Lyn Alden has stated that NVIDIA is one of the few assets that has outperformed Bitcoin in the past decade. Data shows that from May 23, 2014 to May 23, 2024, the investment return rate of NVIDIA was 21,558%, while the return rate of Bitcoin was 13,048%. However, Swan Bitcoin CEO Cory Klippsten believes that the likelihood of NVIDIA's stock outperforming Bitcoin in the next 10 years is almost zero. Since the approval of the Bitcoin exchange-traded fund (ETF) on January 10th, Bitcoin's rise has been slightly better than NVIDIA's, with return rates of 31.7% and 30.2%, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dialogue with the Divine Fish: How to hold good assets for the long term? How to re-invest heavily after selling?
Good assets held for the long term have two aspects: one is earning money within the realm of understanding; the other is that money is often likely to be non-linear, surpassing everyone's initial understanding.
Fast Food Giant McDonald’s And Doodles Join To Launch NFT-Themed Holiday Cups
Russia Targets Crypto Income with New Tax Amendments
Former Robinhood employees raise $5 million for crypto-AI startup OpenLayer
OpenLayer has raised $5 million from a16z CSX, Geometry, IOSG Ventures and others.The startup, co-founded by three former Robinhood employees, has developed an AI data layer.
Trending news
MoreCrypto prices
More
