I have a client who was ready to buy #bitcoin & after talking to his Advisors at JPM & GS told me he's not interested anymore. I asked what they said & instead of answering, he asked me to explain in one sentence what the benefits are to buying BTC now in terms of proven results.
Obviously one sentence is unreasonable but I shared with him the following:
- Bitcoin is the best performing asset over the past decade
- Buying Bitcoin and Hodling has been profitable for 3853 days out of a total of 4134 days (93.2%).
- Bitcoin is the best performing asset over the past decade
- Buying Bitcoin and Hodling has been profitable for 3853 days out of a total of 4134 days (93.2%).
- If every millionaire in the world wanted to own a Bitcoin, they wouldn't even be able to own 1/3 of 1 bitcoin.
- The value of Bitcoin is not linked to USD, it's set by supply and demand. It's fixed supply and potential unlimited demand is designed for it to increase
- The value of Bitcoin is not linked to USD, it's set by supply and demand. It's fixed supply and potential unlimited demand is designed for it to increase
- Using Modern Portfolio Theory and looking for the Optimal Portfolio along the Efficient Frontier, every multi-asset portfolio & 60%/40% portfolio that included at least a 1-10% allocation performed better on both an absolute & risk-adjusted return basis than portfolios without
