Which has more investment upside over the next 3 years between bitcoin, Ethereum, and silver bullion?
The acquiring of money or assets in order to get the appreciation or generate more income from the amount of money or asset invested is known as investment. The investment provides additional income over the principal amount in the future time period.
Answer and Explanation:
Among the Bitcoin, Ethereum, and the silver bullion, bitcoin has more investment upside over the next three years because of the following reasons:-
- Bitcoins are highly liquid as compared to the other cryptocurrency.
- Bitcoins are widely accepted as a medium of payment.
- Transaction fees in the bitcoin are less.
- Bitcoin makes the transaction across the border easier.
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Learn more about this topic:
from Finance 305: Risk ManagementChapter 3 / Lesson 3