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标普500

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How to choose the investment method for the S&P 500 that suits you?The S&P 500 index represents the performance of 500 large publicly listed companies in the United States, making it one of the most sought-after investment targets for global investors. With the development of different investment channels, both domestic and overseas investors can invest in the S&P 500 index through various means. Here are several main investment options and their characteristics to help you choose the most suitable method. 1. On-market trading: Suitable for domestic investors • Representative product: Bosera S&P 500 ETF (Code: 513500) • Features: The advantage of on-market trading is T+0 trading, allowing for flexible operations and lower single prices, making it suitable for investors who wish to trade frequently. Furthermore, trading fees are low, but registration for an A-share account is required for purchase. Therefore, this method is more suitable for investors with a certain level of investment experience.

How to choose the investment method for the S&P 500 that suits you?

The S&P 500 index represents the performance of 500 large publicly listed companies in the United States, making it one of the most sought-after investment targets for global investors. With the development of different investment channels, both domestic and overseas investors can invest in the S&P 500 index through various means. Here are several main investment options and their characteristics to help you choose the most suitable method.
1. On-market trading: Suitable for domestic investors
• Representative product: Bosera S&P 500 ETF (Code: 513500)
• Features: The advantage of on-market trading is T+0 trading, allowing for flexible operations and lower single prices, making it suitable for investors who wish to trade frequently. Furthermore, trading fees are low, but registration for an A-share account is required for purchase. Therefore, this method is more suitable for investors with a certain level of investment experience.
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Cryptocurrency evening summary1. The United States proposed a ceasefire between#Hezbollahand #Israel, but the details are still unclear. Due to concerns about the expansion of the conflict, Hezbollah and Israel are drafting a ceasefire proposal with the support of the United States and its allies. Countries supporting the plan include the United States, the European Union and#SaudiArabia. Previously, Israel attacked the leader of Hezbollah's drones in Beirut. Israel launched a precision airstrike against Hezbollah's drone commander in Beirut. Fierce fighting with Iranian-backed organizations continues. Hezbollah fired 45 rockets into northern Israel, which brought a brief calm to northern Israel.

Cryptocurrency evening summary

1. The United States proposed a ceasefire between#Hezbollahand #Israel, but the details are still unclear. Due to concerns about the expansion of the conflict, Hezbollah and Israel are drafting a ceasefire proposal with the support of the United States and its allies. Countries supporting the plan include the United States, the European Union and#SaudiArabia. Previously, Israel attacked the leader of Hezbollah's drones in Beirut. Israel launched a precision airstrike against Hezbollah's drone commander in Beirut. Fierce fighting with Iranian-backed organizations continues. Hezbollah fired 45 rockets into northern Israel, which brought a brief calm to northern Israel.
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Bearish
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$BTC $BTC #Bitcoin Breaks Away from Nasdaq: Why This Smells Like a Trap Watch Now 👉 In this Saturday's update from The Trading Parrot, we delve into key market trends, analyzing the recent closing prices of the S&P 500 and comparing them to past market downturns, including the COVID-19 crash. We explore the ratio of Bitcoin to Nasdaq and discuss the implications of a potential Bitcoin breakout. Other insights include commentary on M2 money supply trends, adjustments in the S&P and Nasdaq, and the intricate relationship between Bitcoin and broader market trends. We share various chart analyses, highlighting key resistance points and potential market scenarios. Stay tuned for in-depth macro views and technical insights. 00:57 Weekly Market Overview 03:43 Bitcoin and Nasdaq Analysis 05:44 CME and Technical Analysis 09:06 Macroeconomic Insights #BTCUSDT #BTC新闻 #btc #crypto #标普500
$BTC $BTC #Bitcoin Breaks Away from Nasdaq: Why This Smells Like a Trap
Watch Now 👉
In this Saturday's update from The Trading Parrot, we delve into key market trends, analyzing the recent closing prices of the S&P 500 and comparing them to past market downturns, including the COVID-19 crash. We explore the ratio of Bitcoin to Nasdaq and discuss the implications of a potential Bitcoin breakout. Other insights include commentary on M2 money supply trends, adjustments in the S&P and Nasdaq, and the intricate relationship between Bitcoin and broader market trends. We share various chart analyses, highlighting key resistance points and potential market scenarios. Stay tuned for in-depth macro views and technical insights.
00:57 Weekly Market Overview
03:43 Bitcoin and Nasdaq Analysis
05:44 CME and Technical Analysis
09:06 Macroeconomic Insights
#BTCUSDT #BTC新闻 #btc #crypto #标普500
BTCUSDC
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What should we do after the big drop#cryptomarketreboundWhat should we do after the big drop#加密市场反弹 The global market has been thrilling in the past two days. The decline in the Bitcoin and Ethereum crypto markets has been particularly tragic. So in the face of this situation, this form, what should we do as traders? I believe many traders have heard that others are greedy, I am fearful, others are fearful, I am greedy. This is also the underlying logic that many people are willing to take great risks to buy the bottom in a falling market. The reference they give is not an indicator, but they believe that there will be greater opportunities and better chips in an extremely panic market. I also agree with this view that there will be good opportunities when the market is falling, but you must also be prepared to bear the risk of further decline.

What should we do after the big drop#cryptomarketrebound

What should we do after the big drop#加密市场反弹 The global market has been thrilling in the past two days. The decline in the Bitcoin and Ethereum crypto markets has been particularly tragic. So in the face of this situation, this form, what should we do as traders?
I believe many traders have heard that others are greedy, I am fearful, others are fearful, I am greedy. This is also the underlying logic that many people are willing to take great risks to buy the bottom in a falling market. The reference they give is not an indicator, but they believe that there will be greater opportunities and better chips in an extremely panic market. I also agree with this view that there will be good opportunities when the market is falling, but you must also be prepared to bear the risk of further decline.
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Bullish
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In the short term, the upward momentum of the S&P 500 is indeed seriously exhausted. According to the current fundamentals, if there is a sell-off, there will be a golden pit. There are two scenarios in 25 years: Maintain 5800, fluctuate higher with low volatility, and maintain high valuations. Once high volatility occurs, valuations will inevitably be killed, and the price reversal will be more powerful. The range of 5418/5451/5478 will be the golden pit buying point. The path to 7000 will not change. It depends on whether you can survive to the end. #美股 #SPX #标普500
In the short term, the upward momentum of the S&P 500 is indeed seriously exhausted. According to the current fundamentals, if there is a sell-off, there will be a golden pit.
There are two scenarios in 25 years:
Maintain 5800, fluctuate higher with low volatility, and maintain high valuations.
Once high volatility occurs, valuations will inevitably be killed, and the price reversal will be more powerful. The range of 5418/5451/5478 will be the golden pit buying point.
The path to 7000 will not change. It depends on whether you can survive to the end.
#美股 #SPX #标普500
泡沫之上-
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Trading a large tech stock, a key pattern, breaking critical positions, a 50% increase in two weeks, rare to see.
Tesla, Dogecoin, and Bitcoin are rising simultaneously, which is the result of election trading.

Once the 3 targets are achieved, it's time to exit according to the plan and secure the inflated wallet.

Believe that election trading will gradually fade away, and we will slowly usher in expectations of easing trades.
#特斯拉 #TSLA #狗狗币 #比特币 #交易
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Cryptocurrency Evening Update1. Breaking News: The Israel Defense Forces conducted a large-scale airstrike on 20 Hezbollah positions, using 8 fighter jets for a rapid operation against 20 Hezbollah positions in the southern suburbs of Beirut. Civilians were warned to evacuate before the attack 2. Nationwide air raid alerts in Ukraine, prior to which the Russian Ministry of Defense vowed to retaliate against recent ATACMS attacks in Ukraine 3. According to Sentimentrader data, for every $1 invested in U.S. leveraged short ETFs, nearly $12 is invested in leveraged long ETFs, which is the second highest level in 14 years (Figure 1) 4. A certain country's central bank secretly purchased 60 tons of gold, adding upward pressure to the tense gold market. This year, massive purchases of gold by Western institutional investors and Eastern central banks have led to a significant increase in gold prices. Interest rate cuts and geopolitical tensions will sustain this bull market

Cryptocurrency Evening Update

1. Breaking News: The Israel Defense Forces conducted a large-scale airstrike on 20 Hezbollah positions, using 8 fighter jets for a rapid operation against 20 Hezbollah positions in the southern suburbs of Beirut. Civilians were warned to evacuate before the attack
2. Nationwide air raid alerts in Ukraine, prior to which the Russian Ministry of Defense vowed to retaliate against recent ATACMS attacks in Ukraine
3. According to Sentimentrader data, for every $1 invested in U.S. leveraged short ETFs, nearly $12 is invested in leveraged long ETFs, which is the second highest level in 14 years (Figure 1)

4. A certain country's central bank secretly purchased 60 tons of gold, adding upward pressure to the tense gold market. This year, massive purchases of gold by Western institutional investors and Eastern central banks have led to a significant increase in gold prices. Interest rate cuts and geopolitical tensions will sustain this bull market
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Cryptocurrency evening summary1. Hezbollah fired 300 rockets at Israel in a matter of minutes, hitting Safed. Their targets were Israeli towns. Reports have confirmed that Safed was directly hit as tensions escalated in the region. 2. Israeli Prime Minister Netanyahu said: Our war is the war of the free world. There is only one war in the world. The war with Iran is not just our war, but the war of the free world. What do you think of this? 3. As of this year, the number of bankruptcies in the United States has reached 512, which is the highest number since the 2020 COVID-19 crisis (518 bankruptcies). Therefore, in terms of the economy, individual indicators are not strong (Figure 1)

Cryptocurrency evening summary

1. Hezbollah fired 300 rockets at Israel in a matter of minutes, hitting Safed. Their targets were Israeli towns. Reports have confirmed that Safed was directly hit as tensions escalated in the region.

2. Israeli Prime Minister Netanyahu said: Our war is the war of the free world. There is only one war in the world. The war with Iran is not just our war, but the war of the free world. What do you think of this?

3. As of this year, the number of bankruptcies in the United States has reached 512, which is the highest number since the 2020 COVID-19 crisis (518 bankruptcies). Therefore, in terms of the economy, individual indicators are not strong (Figure 1)
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Cryptocurrency evening summary1. Latest news: If#Harrisand Tim Waltz win, the First Amendment will be in danger. Harris has publicly discussed the possibility of #Facebook and #twitter and Musk may lose his privileges. If amended, it will at least affect the freedom of speech of the American people. 2. Americans currently believe that Republicans will do a better job of ensuring national prosperity than Democrats, leading by 6 percentage points, or 50%, to Democrats (44%). 3. As mentioned yesterday, analysts raised their earnings expectations for #标普500 and temporarily reduced concerns about economic recession. From a technical perspective, the market is still bullish (Figure 1)

Cryptocurrency evening summary

1. Latest news: If#Harrisand Tim Waltz win, the First Amendment will be in danger. Harris has publicly discussed the possibility of #Facebook and #twitter and Musk may lose his privileges. If amended, it will at least affect the freedom of speech of the American people.

2. Americans currently believe that Republicans will do a better job of ensuring national prosperity than Democrats, leading by 6 percentage points, or 50%, to Democrats (44%).

3. As mentioned yesterday, analysts raised their earnings expectations for #标普500 and temporarily reduced concerns about economic recession. From a technical perspective, the market is still bullish (Figure 1)
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The correlation between #比特币 and #标普500 index has dropped to zero, indicating that there is currently no connection between the two. CoinAnk data shows that the last time the correlation was so low was on November 5, 2024. We believe that the recent phenomenon of Bitcoin and the S&P 500 index returning to zero has attracted the deep attention of market researchers. This phenomenon shows that the linkage logic between the cryptocurrency market and the traditional financial market is undergoing a structural change. From the perspective of driving factors, the current trend of Bitcoin is more dominated by policy expectations and endogenous variables of the crypto ecosystem: #特朗普 The expectation of regulatory relaxation promoted by the government, the accelerated compliance process brought about by the change of SEC chairman, and the continuous inflow of funds from institutional tools such as Bitcoin ETFs together constitute the basis of its independent market. The S&P 500 index is still subject to traditional macro factors such as US real economy data and corporate earnings expectations. The historical data is instructive. After the correlation low point in November 2024, Bitcoin broke through $100,000, reflecting that crypto assets often release greater price elasticity when they are freed from the constraints of traditional markets. The current situation may indicate that Bitcoin is evolving from a "risk asset" to an "independent asset class", and its value storage attributes and policy sensitivity are reshaping the market pricing logic. If this trend continues, Bitcoin may usher in a new cycle of differentiation from traditional financial assets.
The correlation between #比特币 and #标普500 index has dropped to zero, indicating that there is currently no connection between the two. CoinAnk data shows that the last time the correlation was so low was on November 5, 2024.
We believe that the recent phenomenon of Bitcoin and the S&P 500 index returning to zero has attracted the deep attention of market researchers. This phenomenon shows that the linkage logic between the cryptocurrency market and the traditional financial market is undergoing a structural change. From the perspective of driving factors, the current trend of Bitcoin is more dominated by policy expectations and endogenous variables of the crypto ecosystem: #特朗普 The expectation of regulatory relaxation promoted by the government, the accelerated compliance process brought about by the change of SEC chairman, and the continuous inflow of funds from institutional tools such as Bitcoin ETFs together constitute the basis of its independent market. The S&P 500 index is still subject to traditional macro factors such as US real economy data and corporate earnings expectations.
The historical data is instructive. After the correlation low point in November 2024, Bitcoin broke through $100,000, reflecting that crypto assets often release greater price elasticity when they are freed from the constraints of traditional markets. The current situation may indicate that Bitcoin is evolving from a "risk asset" to an "independent asset class", and its value storage attributes and policy sensitivity are reshaping the market pricing logic. If this trend continues, Bitcoin may usher in a new cycle of differentiation from traditional financial assets.
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Cryptocurrency evening summary1. Obama is campaigning for Harris: He encouraged black people not to sit idly by in the election, and believed that some people did not want to see a female president in the United States. When he made this statement, Harris was stepping up efforts to regain the final victory. Friends, who do you hope will be elected as the next president of the United States? 2. Latest news: North Korea threatens to wage war against South Korean drones. North Korea claims that South Korean drones recently flew over Pyongyang, allegedly dropping anti-North Korean propaganda, and threatens South Korea that it will use all means to attack if this happens again. A few days ago, North Korea vowed that it would not clash with South Korea.

Cryptocurrency evening summary

1. Obama is campaigning for Harris: He encouraged black people not to sit idly by in the election, and believed that some people did not want to see a female president in the United States. When he made this statement, Harris was stepping up efforts to regain the final victory. Friends, who do you hope will be elected as the next president of the United States?

2. Latest news: North Korea threatens to wage war against South Korean drones. North Korea claims that South Korean drones recently flew over Pyongyang, allegedly dropping anti-North Korean propaganda, and threatens South Korea that it will use all means to attack if this happens again. A few days ago, North Korea vowed that it would not clash with South Korea.
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Cryptocurrency evening summary1. On Sunday, Israeli airstrikes killed at least 31 Palestinians in Gaza, including 13 in northern areas such as Beit Lahia and Jabaliya, and health officials reported a tank fire near Kamel Adwan Hospital, injuring a child. 2. The Israeli Air Force launched an airstrike in the Sudan Yah area in southern Lebanon, killing Riad Ridda Ghazawi, the commander of the anti-tank missile unit of the Radwan Force of Hezbollah. It was reported that the operation was carried out based on intelligence from the Military Intelligence Agency. 3. China is considering a bill to raise the local government debt ceiling to replace hidden debts and reduce the fiscal burden that affects economic growth. The proposed debt swap plan can solve China's real estate downturn and heavy debt burden. It is expected that more than 10 trillion yuan of new bond issuance announcements will be released on Friday.

Cryptocurrency evening summary

1. On Sunday, Israeli airstrikes killed at least 31 Palestinians in Gaza, including 13 in northern areas such as Beit Lahia and Jabaliya, and health officials reported a tank fire near Kamel Adwan Hospital, injuring a child.
2. The Israeli Air Force launched an airstrike in the Sudan Yah area in southern Lebanon, killing Riad Ridda Ghazawi, the commander of the anti-tank missile unit of the Radwan Force of Hezbollah. It was reported that the operation was carried out based on intelligence from the Military Intelligence Agency.
3. China is considering a bill to raise the local government debt ceiling to replace hidden debts and reduce the fiscal burden that affects economic growth. The proposed debt swap plan can solve China's real estate downturn and heavy debt burden. It is expected that more than 10 trillion yuan of new bond issuance announcements will be released on Friday.
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Cryptocurrency Evening Review1. According to Reuters: Minneapolis Federal Reserve Chair Neel Kashkari dismissed concerns about potential conflicts with Trump, pointing out that both parties support lowering inflation to keep the economy strong. Previously, #Trump won the election and as a candidate, he promised to end the #UkraineWar within 24 hours. 2. Russia will showcase cutting-edge engine technology at the military exhibition in China. The United Engine Corporation #ODK will debut its latest aircraft engine at the 2024 China Airshow, featuring a new generation of engines for tactical aircraft. 3. Trump's new foreign policy: focus on China, end wars, and expand tariffs.

Cryptocurrency Evening Review

1. According to Reuters: Minneapolis Federal Reserve Chair Neel Kashkari dismissed concerns about potential conflicts with Trump, pointing out that both parties support lowering inflation to keep the economy strong. Previously, #Trump won the election and as a candidate, he promised to end the #UkraineWar within 24 hours.
2. Russia will showcase cutting-edge engine technology at the military exhibition in China. The United Engine Corporation #ODK will debut its latest aircraft engine at the 2024 China Airshow, featuring a new generation of engines for tactical aircraft.
3. Trump's new foreign policy: focus on China, end wars, and expand tariffs.
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Cryptocurrency evening summary1. Global investors are deeply concerned about China's prospects. About 18% of fund managers surveyed expressed concerns about #中国经济 , a record high. It seems that these smart people are not optimistic about the future development of the Qing Dynasty. 2. Many people are worried that the #降息 rate cuts that began in September this year will be the same as the previous interest rate cuts, causing the #标普500 index to collapse. However, the market decline is not due to the interest rate cuts, but to the economic recession. At least there are no signs of an economic recession yet. Before the economic recession finally appears, the market will continue to rise. 3. The population of the Qing Dynasty has shrunk for the second consecutive year, with a population decrease of 2.1 million in 2023. The number of births has dropped by about 50% to about 9 million since 2016. Therefore, the Qing Dynasty has a serious population problem and it has gradually turned into an economic problem (Figure 1)

Cryptocurrency evening summary

1. Global investors are deeply concerned about China's prospects. About 18% of fund managers surveyed expressed concerns about #中国经济 , a record high. It seems that these smart people are not optimistic about the future development of the Qing Dynasty.

2. Many people are worried that the #降息 rate cuts that began in September this year will be the same as the previous interest rate cuts, causing the #标普500 index to collapse. However, the market decline is not due to the interest rate cuts, but to the economic recession. At least there are no signs of an economic recession yet. Before the economic recession finally appears, the market will continue to rise.

3. The population of the Qing Dynasty has shrunk for the second consecutive year, with a population decrease of 2.1 million in 2023. The number of births has dropped by about 50% to about 9 million since 2016. Therefore, the Qing Dynasty has a serious population problem and it has gradually turned into an economic problem (Figure 1)
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How Will Bitcoin React After the US Election?From Golden Finance report: With the U.S. presidential election approaching, it’s worth examining how past elections have affected the price of Bitcoin. Historically, the U.S. stock market has exhibited clear trends during elections. Given Bitcoin’s correlation with stocks and, most notably, the S&P 500, these trends can provide insight into what might happen next. #总统竞选 #标普500 #美国大选比特币价格预测 S&P 500 Correlation Bitcoin and the S&P 500 have historically maintained a strong correlation, especially during BTC bull cycles and periods of risk-on sentiment across traditional markets. This phenomenon may end as Bitcoin matures and "decouples" from stocks and its narrative as a speculative asset. However, there is no evidence that this is the case.

How Will Bitcoin React After the US Election?

From Golden Finance report:
With the U.S. presidential election approaching, it’s worth examining how past elections have affected the price of Bitcoin. Historically, the U.S. stock market has exhibited clear trends during elections. Given Bitcoin’s correlation with stocks and, most notably, the S&P 500, these trends can provide insight into what might happen next.
#总统竞选 #标普500 #美国大选比特币价格预测
S&P 500 Correlation
Bitcoin and the S&P 500 have historically maintained a strong correlation, especially during BTC bull cycles and periods of risk-on sentiment across traditional markets. This phenomenon may end as Bitcoin matures and "decouples" from stocks and its narrative as a speculative asset. However, there is no evidence that this is the case.
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Cryptocurrency evening summary1. Japan's labor shortage further proves that the aging population will lead to inflation, which indirectly affects the value of the yen. In addition, China's youth unemployment rate is also increasing. In August, China's youth unemployment rate reached 18.8%. 2. According to the historical data, whenever #美联储减息 , corporate profits will decline, but this time the profits did not decline. Friends, do you think that profits will decline as the economy weakens? (Figure 1) 3. As of September, the yield on 10-year Treasury bonds has been falling. If this continues, it will fall for 5 consecutive months, which has not happened since 2010 (Figure 2)

Cryptocurrency evening summary

1. Japan's labor shortage further proves that the aging population will lead to inflation, which indirectly affects the value of the yen. In addition, China's youth unemployment rate is also increasing. In August, China's youth unemployment rate reached 18.8%.

2. According to the historical data, whenever #美联储减息 , corporate profits will decline, but this time the profits did not decline. Friends, do you think that profits will decline as the economy weakens? (Figure 1)

3. As of September, the yield on 10-year Treasury bonds has been falling. If this continues, it will fall for 5 consecutive months, which has not happened since 2010 (Figure 2)
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Cryptocurrency Evening Consolidation1. Sweden is sending out 5.2 million booklets to households on how to prepare in case of crisis or war, teaching people to stockpile food and water. Finland has also initiated similar preparations as both countries have strengthened their defenses after joining NATO in response to Russia's 2022 invasion of Ukraine. 2. A poll found that 63% of Americans believe that freedom of speech is very important in the 2024 election, trailing only behind the inflation rate at 68%. 3. At the NetEase Economist Annual Summit, top figures in the economics field discussed the way forward, with Liu Shijin widely regarded as the person proposing a stimulus plan exceeding 10 trillion, but he still believes more stimulus measures are needed to reset expectations and rebuild confidence.

Cryptocurrency Evening Consolidation

1. Sweden is sending out 5.2 million booklets to households on how to prepare in case of crisis or war, teaching people to stockpile food and water. Finland has also initiated similar preparations as both countries have strengthened their defenses after joining NATO in response to Russia's 2022 invasion of Ukraine.
2. A poll found that 63% of Americans believe that freedom of speech is very important in the 2024 election, trailing only behind the inflation rate at 68%.
3. At the NetEase Economist Annual Summit, top figures in the economics field discussed the way forward, with Liu Shijin widely regarded as the person proposing a stimulus plan exceeding 10 trillion, but he still believes more stimulus measures are needed to reset expectations and rebuild confidence.
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Cryptocurrency evening summarya. According to research, the#DemocraticPartyis losing support among Mexican voters, whose confidence in #特朗普 has increased in the past three years since Trump stepped down, while #Biden's approval rating has dropped by 7%, with 60% of#Mexicanvoterslacking confidence in his leadership (Figure 1) b. By looking at the data, ISM services performed better than manufacturing, although it barely rose, while manufacturing fell further. c. The U.S. labor market remains fairly stable, with few signs of a serious deterioration consistent with the extreme rate cuts priced in by short-term interest rate markets, initial jobless claims remain stable and continuing claims also slow

Cryptocurrency evening summary

a. According to research, the#DemocraticPartyis losing support among Mexican voters, whose confidence in #特朗普 has increased in the past three years since Trump stepped down, while #Biden's approval rating has dropped by 7%, with 60% of#Mexicanvoterslacking confidence in his leadership (Figure 1)

b. By looking at the data, ISM services performed better than manufacturing, although it barely rose, while manufacturing fell further.

c. The U.S. labor market remains fairly stable, with few signs of a serious deterioration consistent with the extreme rate cuts priced in by short-term interest rate markets, initial jobless claims remain stable and continuing claims also slow
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Since its inception, #比特币 has achieved an investment return rate of approximately 9.2 million times over the past 14 years, while the return rates for #黄金 and #标普500 during the same period were 110% and 354%, respectively. According to coinank data, in the short term, the return rate for #BTC in the past year is 109%, while gold and the S&P 500 are at 41% and 20%, respectively. The extremely high return rate of Bitcoin highlights its disruptive characteristics as an emerging asset. Despite a return rate reaching approximately 9.2 million times over 14 years (far exceeding gold's 110% and the S&P 500's 354%), its high yield is accompanied by a high-risk profile. Data shows that Bitcoin's short-term correlation with the S&P 500 is 0.21, and only 0.09 with gold, indicating its independence from traditional assets, but its volatility is significantly higher than that of gold. For instance, the impressive 109% return in the past year is overshadowed by a maximum drawdown that may exceed 14%, highlighting short-term risks. Gold's robustness is reflected in its safe-haven function, especially during market turmoil, with a low correlation (close to 0) with the stock market and its anti-inflation capability, making it a 'ballast' for investment portfolios. The S&P 500, as a traditional equity asset, offers stable returns but is constrained by high valuations and macro policy risks; institutions like Goldman Sachs have already suggested reducing allocations to US stocks by 2025. We believe that Bitcoin's high returns stem from its supply-demand scarcity (such as the halving mechanism) and the growth dividends during its early technology adoption phase, but one must be cautious of its correlated volatility with tech stocks; gold, on the other hand, supports long-term value with historical credibility and central bank purchases. The complementarity of the two is significant, and a moderate allocation can balance risk and return. For example, BlackRock suggests a 2% allocation to Bitcoin and 5%-10% to gold to balance returns and stability.
Since its inception, #比特币 has achieved an investment return rate of approximately 9.2 million times over the past 14 years, while the return rates for #黄金 and #标普500 during the same period were 110% and 354%, respectively. According to coinank data, in the short term, the return rate for #BTC in the past year is 109%, while gold and the S&P 500 are at 41% and 20%, respectively. The extremely high return rate of Bitcoin highlights its disruptive characteristics as an emerging asset. Despite a return rate reaching approximately 9.2 million times over 14 years (far exceeding gold's 110% and the S&P 500's 354%), its high yield is accompanied by a high-risk profile. Data shows that Bitcoin's short-term correlation with the S&P 500 is 0.21, and only 0.09 with gold, indicating its independence from traditional assets, but its volatility is significantly higher than that of gold. For instance, the impressive 109% return in the past year is overshadowed by a maximum drawdown that may exceed 14%, highlighting short-term risks. Gold's robustness is reflected in its safe-haven function, especially during market turmoil, with a low correlation (close to 0) with the stock market and its anti-inflation capability, making it a 'ballast' for investment portfolios. The S&P 500, as a traditional equity asset, offers stable returns but is constrained by high valuations and macro policy risks; institutions like Goldman Sachs have already suggested reducing allocations to US stocks by 2025. We believe that Bitcoin's high returns stem from its supply-demand scarcity (such as the halving mechanism) and the growth dividends during its early technology adoption phase, but one must be cautious of its correlated volatility with tech stocks; gold, on the other hand, supports long-term value with historical credibility and central bank purchases. The complementarity of the two is significant, and a moderate allocation can balance risk and return. For example, BlackRock suggests a 2% allocation to Bitcoin and 5%-10% to gold to balance returns and stability.
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