Investing in Bitcoin instead of stocks? – The twin brothers Winklevoss, founders of the Gemini trading platform, are known to be among the first billionaires thanks to Bitcoin. Cameron Winklevoss continues to be very bullish on the king of crypto. He even compares it to the actions of GAFAM in the early 2000s.
Passing up Bitcoin, the mistake of the century?
A few days ago, Cameron Winklevoss got excited about Bitcoin next bull run, describing it as unprecedented.
Today, the billionaire investor is once again insisting that not betting on Bitcoin would, in his view, be a huge mistake:
Indeed, compared to the previous bull market of Bitcoin and cryptos in 2017, two major factors would have been added to guarantee a future great success for the cryptomoney market:
A new generation really ready to prefer Bitcoin to shares?
Even if some polls have revealed a definite interest of generation Y (born between the 80’s and 90’s) to invest in cryptomoney rather than classical stocks, it was much less the case for the previous generations.
This double trade-off can be seen in the current rises, which are constant, both in the shares of the major groups and in the shares of the main cryptos, with Bitcoin in the lead.
It should be noted, however, that where Bitcoin seems to be moving towards its former high with huge potential ahead, the actions of GAFAM have been on familiar terms for too long. As one stock market dictionary puts it very well: “Trees never rise to the sky. The stock market is made of the same wood. ».