Bitcoin is predicted to have greater future upside potential than Nvidia

From Nasdaq

September 21, 2024 5:30:00 am:

Nvidia (NASDAQ: NVDA) has seen incredible growth over the past five years, with a $1,000 investment turning into over $26,000 today. The company’s market cap is nearly $3 trillion, driven by opportunities in AI. However, Bitcoin (CRYPTO: BTC) presents similar, if not greater, future upside potential.

While Nvidia has outperformed Bitcoin recently, the true measure of an investment is its future potential. Many experts predict significant increases in Bitcoin’s price, with some even suggesting a price of $13 million by 2045. This represents a gain of over 21,000%.

Bitcoin’s potential for growth comes with risks, including government regulation and tax implications. However, Nvidia also faces its own risks, such as a possible AI bubble or competition in the market. A comparison of risk-adjusted returns may reveal that Bitcoin is not as risky as it seems.

If faced with a choice between investing in Bitcoin or Nvidia, many would choose Bitcoin due to its historical performance and the increasing mainstream acceptance with the introduction of Bitcoin ETFs. While price predictions for Bitcoin may seem lofty, they illustrate the immense upside potential of this cryptocurrency.

Read more at Nasdaq: Bitcoin Still Has More Upside Potential Than Any Tech Stock, and That Includes Nvidia