Investment strategist says Near 0% chance of Nvidia outperforming Bitcoin for next 10 years 

The majority of investment experts believe that there is nearly 0% chance for Nvidia to outperform Bitcoin (BTC). 

NVIDIA is a leading tech company specializing in GPUs for gaming, AI, and data centers. NVIDIA’s stock price increased by 21,731.7% over the past ten years, rising from an adjusted prior closing price of $4.34 to a current closing price of $947.80.

Nvidia stock, $NVDA, has officially joined the exclusive club of 250,000%+ in all time returns.

$10,000 invested in Nvidia in 1999 is worth $25.3 million today. pic.twitter.com/GnyfClzkts

      -----Cryptonews AD----->>>  

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE

  <<<-----Cryptonews AD-----    

 

— The Kobeissi Letter (@KobeissiLetter) May 24, 2024

On 24 May 2024, A well-known investment strategist Lyn Alden said Nvidia is one of the best assets that outperformed Bitcoin in terms of price increment metric over the last 10 years.

As of this writing, Nvidia $NVDA is one of the few assets that has outperformed bitcoin over a 10-year time period. pic.twitter.com/PVgur6uBWY

— Lyn Alden (@LynAldenContact) May 24, 2024

Swan Bitcoin CEO Cory Klippsten said that there are no changes for Nvidia to outperform Bitcoin for the next 10 years. 

near zero chance of Nvidia outperforming Bitcoin over the next 10 years

— Cory Klippsten #Bitcoin is moral tender (@coryklippsten) May 24, 2024

In a follow-up tweet, Lyn Alden supported Cory’s opinion and confirmed that she is going to pick Bitcoin over Nvidia for the next 10 years.

I’d pick bitcoin over Nvidia for the next ten years, personally.

— Lyn Alden (@LynAldenContact) May 24, 2024

It is worth it to note that Bitcoin & Nvidia stock surged with almost equal speed between 15 Jan to 15 May, with returns of 31.7% and 30.2% respectively. Notably, Nvidia performed slightly more than Bitcoin.

The co-founder of 21st.capital who goes by the name “Sina” on X, explained that Bitcoin’s future is better than Nvidia’s because Artificial intelligence (AI) has no network effect but the Bitcoin blockchain network has. 

Yes but NVIDIA did it once; can it keep the moat?

there is no network effects in AI.

There are multiple layers of network effects in money.

— Sina ️⚡ 21st.Capital (@Sina_21st) May 24, 2024

Bitcoin price action 

The current trade price of Bitcoin is $69,000 & this trade price is 1.55% higher over the last 24 hours. 

Read also: BitMex co-founder says weakening yen could see Bitcoin’s price top the $1 million mark

Investment strategist says Near 0% chance of Nvidia outperforming Bitcoin for next 10 years 

 

https://bitcoinik.com/investment-strategist-says-near-0-chance-of-nvidia-outperforming-bitcoin-for-next-10-years/feed/

https://bitcoinik.com/investment-strategist-says-near-0-chance-of-nvidia-outperforming-bitcoin-for-next-10-years/feed/