We know the relationship between BTC and assets like crude oil has been debated too many times in the market. People in both domains stand for their assets, calling their respective choice to be the best. However, the market for different commodities has remained too volatile, and we see many more investors are now driving smooth with their haven-based assets. It is often the lower risk with lower returns as well. Some famous examples of haven-based assets include gold and even crude oil in the market. However, some experts call Bitcoin a safer choice than traditional assets like crude oil or even gold and silver. But with Bitcoin rising high in the market, more and more global investors are heading towards this coin in a big way. Both camps have similar stories to tell.
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Here we will discuss what ground realities you should be aware of before investing in Bitcoin or crude oil. Also, which is the better bet? Lastly, if you want to explore more about it, visit the site – Oil Profit.
Everything about Bitcoin and oil investment
In the recent past few days, we have seen Bitcoin going down. In the last week, the coin has witnessed a loss of 10 percent. On the other hand, we have seen crude oil falling by 30 percent, reaching 35 USD per barrel. It is the first time in the history of oil that we have seen the bond linked with crude oil is gone down by 0.5 percent. These figures are eye testing and have one of the best combinations for a single event. For instance, we can find the market affected a lot by the recent Pandemic times. Investors had limited choices with their funds. The collapse of the supply chain industry as the virus badly affected the market.
A few have been arguing that the equity-based market is now winding up in a big way, andin the recent past, one can find the historical market cycle has been going up to make oursustenance work the best. The last few days, the stocks too for the coin can help in over-valuation seen over the stocks. Many are seen adding the price drop as crude oil plays a vital role in adding upmarket in a big way. The oil industry seems to be under tremendous pressure on many more governments that are seen investing more money to find out the required energy sources that come along damaging the environment. We see different nations now holding oil-based assets in supporting the oil price.
The oil industry
We have seen a good amount of pressure on the oil industry in recent years as we see citizens are adding more pressure on the government to put more money into it. We have seen the oil body also coming ahead and supporting it in support of the prices. But we can see how things are fluctuating in the recent past. And we see too many genuine concerns regarding the financial market, as seen on Friday. OPEC has put some restrictions on the
prices that went ahead. In April, Russia pressured Saudi Arabia to add the slice to the growing price. It has given a sound and complete price war found in between the two giant nations as ever.
The falling oil price will lead to much lesser revenue for many companies. It makes things difficult for people to repay 18 B USD coming as debt. It has further added 10 percent of rice in the bonds, and it has given too much lower-risk debt going like the US and other places. Thus it is fair to say that theoretically, no one is seen on the default since Fed has come into the picture. Thus the falling of the crude oil price by 0.5 per cent claims that oil is
no more the haven for investors as they used to find it earlier.
Thus it is interesting to see how Bitcoin comes into the picture. It may be volatile, but as per
experts, it is now counted among the safe-haven assets in the mark. Therefore, it will become more stable and an excellent choice to earn big with it compared to crude oil with time.