Hello steemians this is @mahmud9 here.Hope everything is going well.Now Bitcoin is trading around 10000 usd mark.so is it makes itself a bad investment? Here the answer is no.Because
BITCOIN is still outperformed S&P 500 everytime.Morgan Creek founder Anthony Pompliano says even a crash of 50% will still have the first rank before S&P 500.
- Bitcoin YTD performance is 10 times better than the S&P 500.
2 more money will likely move into it in the future.
There will be only 21 million bitcoin and out of them 17 million bitcoin are already been produced.and bitcoin is known as a store of value but in downtrend, it is better to be cautious about the future