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Reply to "I’m 10% BTC and 90% S&P 500"
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[quote=Anonymous][quote=Anonymous]Bitcoin is highly correlated with the Nasdaq, but with more volatility. Just get QQQ for more stability, dividends, and the likelyhood of growth.[/quote] Maybe they are correlated, maybe they are not. It depends what metric you choose. But correlation does not matter because it does not say if growth is happening at the same rate. BTC is up 45/103/425% (YTD/1Y/5Y) while QQQ is up 10/30/21% If you could go back in time, you would be a fool to take QQQ over BTC.[/quote]
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