Bitcoin is hailed as a new generation of investment assets. However, for this emerging investment product, many people are rejected because of lack of professionalism. Can Bitcoin become a new choice for asset allocation for ordinary investors?
Who says Bitcoin will plunge? But if you fear that Bitcoin will plummet, the good news is: Kay shots macro report shows that Bitcoin does not seem to be associated with other risky assets (such as stocks). Despite the slowdown in the stock market in recent weeks, Bitcoin continues to rise. As mentioned before, bitcoin is usually compared with gold, but it is clear that bitcoin is not a "safe haven" asset. Although the price of gold dropped last week, cryptocurrency prices continued to climb. As Kay said in macro terms, Bitcoin is "its own world."