Tesla shares vs Bitcoin: why is it more profitable to invest in cryptocurrency?
For the first time, shares of the electric car manufacturer were added to the exchange at a price of $19.2 in July 2010, in the same month, the first cryptocurrency appeared on the trading platform, then it cost about 8 cents. To date, both assets have significantly increased in price: Tesla shares are now trading at a price of $1,500, growth after listing — 7700%, and the value of Bitcoin over the same period has increased by 11 500 000% and now stands at $9200. We found out whether to buy shares of Tesla and BTC or not, as well as which of the assets has more potential.
The price of Tesla shares fell to the price mark of $350 in March, then moved into a growth phase and in July set a new historical high of $1790. Buying securities after such a growth is definitely not worth it, the US stock market ignores economic realities, because of this, it is possible to fall, at the same time, it is risky to play down the paper, it is better to stay away.
Despite the fact that in 2020, Bitcoin lost to Tesla shares in terms of profitability, it was at the top in 2017, in January the price of the coin began to grow from just above $1000 and by December it soared almost 20 times, to $20,000. Nevertheless, the exchange rate could not hold at this level and immediately began to decline, falling to $3,200 within 12 months. However, there is no obvious reason to play down the value of BTC since there are many positive factors that speak in favor of the development of the new industry and its recognition in the world.
The position of Tesla and Bitcoin is different and the latter has the potential for long-term growth. It can be provided by halving and the influx of new investors. Bitcoin has an important advantage over Tesla shares — you can not increase its issue, in the case of securities, the situation is the opposite, the company can conduct an additional issue to balance the cost of financing to the market level. Buying Tesla shares is now extremely risky, the company's securities are overvalued, and there is a risk of additional emission. Despite the fact that the first cryptocurrency this year lagged behind in terms of profitability, it looks more attractive for investment than Tesla at the moment.
For the first time, shares of the electric car manufacturer were added to the exchange at a price of $19.2 in July 2010, in the same month, the first cryptocurrency appeared on the trading platform, then it cost about 8 cents. To date, both assets have significantly increased in price: Tesla shares are now trading at a price of $1,500, growth after listing — 7700%, and the value of Bitcoin over the same period has increased by 11 500 000% and now stands at $9200. We found out whether to buy shares of Tesla and BTC or not, as well as which of the assets has more potential.
The price of Tesla shares fell to the price mark of $350 in March, then moved into a growth phase and in July set a new historical high of $1790. Buying securities after such a growth is definitely not worth it, the US stock market ignores economic realities, because of this, it is possible to fall, at the same time, it is risky to play down the paper, it is better to stay away.
Despite the fact that in 2020, Bitcoin lost to Tesla shares in terms of profitability, it was at the top in 2017, in January the price of the coin began to grow from just above $1000 and by December it soared almost 20 times, to $20,000. Nevertheless, the exchange rate could not hold at this level and immediately began to decline, falling to $3,200 within 12 months. However, there is no obvious reason to play down the value of BTC since there are many positive factors that speak in favor of the development of the new industry and its recognition in the world.
The position of Tesla and Bitcoin is different and the latter has the potential for long-term growth. It can be provided by halving and the influx of new investors. Bitcoin has an important advantage over Tesla shares — you can not increase its issue, in the case of securities, the situation is the opposite, the company can conduct an additional issue to balance the cost of financing to the market level. Buying Tesla shares is now extremely risky, the company's securities are overvalued, and there is a risk of additional emission. Despite the fact that the first cryptocurrency this year lagged behind in terms of profitability, it looks more attractive for investment than Tesla at the moment.