- Bitcoin is the gold 2.0, according to crypto analyst Lark Davis.
- Analysts recommend holding and investing in digital assets such as Ethereum, NFT, DeFi, Commodities, and many more.
Bitcoin is gold 2.0. This is the term that most people inside the crypto community say about Bitcoin. Interestingly, Bitcoin nowadays is almost recognized and acknowledged everywhere around the world. In addition, Bitcoin is much more accessible in terms of investing and payments than Gold. For this reason, the Bitcoin price continues to perform as the price of gold declines.
This made the crypto enthusiast Lark Davis react in a tweet post:
Aside from Bitcoin, Davis added that it is also good to hold and invest in digital assets such as Ethereum, NFT, DeFi, Commodities and many more. However, he always reminds his Twitter followers that whatever he is saying must not be treated as financial advice.
On the other hand, the crypto world continues to surge its market standing despite the market decline due to the pandemic. As a result, the market capitalization of the crypto market amounts to almost $2 trillion. Specifically, Bitcoin market capitalization amounts to almost 50% of the whole market cap of the crypto market.
Indeed, we can say that Bitcoin really is gold 2.0, a must to buy and hold digital asset.
