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Bitcoin versus Nvidia: traders are wondering which asset to invest in

Bitcoin versus Nvidia: traders are wondering which asset to invest in
Bitcoin versus Nvidia: traders are wondering which asset to invest in

Nvidia Corporation is a famous chip manufacturing company, mainly known in the gaming and 3D graphics space for its graphics processors (GPUs).

Recently, Nvidia has also started to move in the field of artificial intelligenceleaving AMD behind, its only competitor in the GPU field.

The US company has had a notable performance, thanks to the increase in demand for AI chips.

This pushed Nvidia to a rating of 3 trillion dollarswith traders considering whether it might be a better investment than Bitcoin.

Nvidia o Bitcoin?

Since the beginning of last year, Nvidia is up over 600%while Bitcoin gained 165%.

However, over the past decade, Bitcoin has outperformed stocks and gold, as well as most other assets. This year, the leading cryptocurrency has gained 44%, a high increase for traditional assets.

As far as Nvidia is concerned, artificial intelligence has dominated the global tech industry, with all major companies investing billions in AI integration.

While Microsoft, Meta, Google e startup come OpenAI e Anthropic dominate the industry, Nvidia has been the company that has profited the most from the development of this new technology.

At the beginning of 2020, Nvidia’s market cap was $144 billion, while today it is worth 3 trillion dollars and is the third largest company in the world. The Santa Clara chipmaker even surpassed Microsoft and Apple for a few days to become the largest company globally.

Can Nvidia grow further?

Taking these data into account, Nvidia is a better investment than Bitcoin. However, context must be considered.

For starters, can Nvidia continue to grow? Market experts believe that this is unlikely. Many believe this is a bubble destined to burst.

Nvidia isn’t the first infrastructure company to rise to the top of the rankings on the back of a bubble. At the height of the dot-com bubble in 2000, Cisco surpassed Microsoft to become the most valuable company globally.

However, the bubble burst and several dot-com companies valued at tens of billions collapsed. Today, Cisco is not even among the 50 largest companies in the world.

On the contrary, Bitcoin has reached new heights every year. Therefore, unlike Nvidia, it is very difficult for Bitcoin to be dethroned by any other cryptocurrency.

Currently, the Bitcoin dominance is 53.8%while the lowest point reached was 38% at the peak of the altcoin season in late 2022.

Furthermore, Bitcoin Offers a New Financial Dynamic that does not rely on centralized companies controlled by billionaires. According to analysts, this view makes investing in Bitcoin much more meaningful than owning Nvidia shares.

It must be said, however, that Bitcoin is currently going through a negative period, after the drop in prices 66,0000 dollars to the current ones $61,854. According to analysts, the collapse is due to the arrears of payments Mt. Goxone of the major BTC exchanges, now inactive.

While waiting for a Bitcoin recovery, cryptocurrency traders are betting on 99Bitcoinsa e-learning platform based on native token 99BTC which collected more than 2 million in pre-sales.

99Bitcoins

99Bitcoins is an e-learning platform known in the cryptocurrency field, as it was born as a website that explained how to buy Bitcoin with Paypal.

Over the years, the site has evolved, giving its users the opportunity to take courses on the digital asset sector.

The platform has launched the pre-sale of token nativo 99BTCto create a real ecosystem based on the Learn-To-Earn.

This mechanic will allow users to earn 99BTC tokens by participating in online courses, webinars and quizzes, while encouraging learning about cryptocurrencies.

Additionally, 99BTC holders will be able to get several benefits within the 99Bitcoins platform, such as access to webinars held by industry experts and trading signals.

Interested traders can buy 99BTC in presale at a current value of 0.00111 dollarsusing ETH, USDT, Credit Card or BNB.

By purchasing the token with the first three payment methods it will be possible to do so immediately staking and earn passive rewards based on your staking pool participation and APY, currently at 740%.

In the future, the 99Bitcoins team intends to bring the 99BTC token from Ethereum to the Bitcoin network, for greater transaction security and easier access to other markets.

GO TO THE 99BITCOINS SALE

 
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