Bitcoin's annualized return may eventually drop to 8%!!!
BTC, which once increased several times a year, now has a CAGR of 17%, and is still going downhill? The latest research directly poured a bucket of cold water on the "Bitcoin unlimited rise theory" - it may stabilize at around 8% in the future, basically close to the level of traditional assets.
Why?
1) From retail speculation -> macro institutions take over
2) From speculative tools -> macro assets
3) CAGR from 100%+ → 30% → 17%, and finally stabilized at 8% = 5% monetary expansion + 3% GDP
What does this mean?
Maybe this is the real way to "store value". Volatility convergence, expectations fall, and speculation cools down, which is suitable for long money, but extremely unfriendly to "ten-fold dream" enthusiasts.
The question is: Do you take BTC as a safe-haven asset, or are you still waiting for it to double tenfold?
Don't forget that it is still the strongest performing asset in the past 15 years, no one else.
