Some things take time to evolve or to review and analyze.
For today: Stock market down 1.5%, and Bitcoin up 1%.
For the past six months: stock market down 10%, and bitcoin relatively flat - BTC bouncing largely in a $220 to $290 price range (which is largely a 7% variance in the bulk of the highs and lows).
If a guy were to find $1,000 in a brown paper bag on the street, and he was otherwise settled in his financial matters and he had some money invested in various diversified places (therefore, the $1,000 could be practically used for investing).
At this point, which one (stock market index funds or BTC) would be the better bet for long term or short term ?
Yes, where to put the $1,000 will depend in part on the guy's overall portfolio and his perception of risk and perception of one investment versus another.
For today: Stock market down 1.5%, and Bitcoin up 1%.
For the past six months: stock market down 10%, and bitcoin relatively flat - BTC bouncing largely in a $220 to $290 price range (which is largely a 7% variance in the bulk of the highs and lows).
If a guy were to find $1,000 in a brown paper bag on the street, and he was otherwise settled in his financial matters and he had some money invested in various diversified places (therefore, the $1,000 could be practically used for investing).
At this point, which one (stock market index funds or BTC) would be the better bet for long term or short term ?
Yes, where to put the $1,000 will depend in part on the guy's overall portfolio and his perception of risk and perception of one investment versus another.
i think stock market being down doesn't auto = bullish for bitcoins... because if they do another round of QE then all the money will be at the QE stock marker pump rally party ... as soon as it starts to become more obvious the stock market is going to decline then the election will turn into all about the economy... although another round of QE is probably going to do more damage than good.