比特幣是成長股的新皇冠明珠嗎？

Is Bitcoin the New King of Growth Stocks?

比特幣是新的成長股之王嗎？

For the past half-decade, the tech titans known as the "Magnificent Seven" have been on a remarkable ascent. They've doubled, tripled, and in Nvidia's case, increased in value by an astounding 1,980%.

在過去的五年裡，被稱為「七巨頭」的科技巨頭一直在取得令人矚目的進步。它們的價值翻了一倍、三倍，就 Nvidia 而言，價值增長了驚人的 1,980%。

But here's a curveball: Bitcoin has been equally impressive over that same period. Its value has skyrocketed from under $4,000 to its current $65,600. Over the past decade, its performance has been nothing short of mind-boggling.

但這裡有一個曲線球：比特幣在同一時期同樣令人印象深刻。它的價值從不到 4,000 美元飆升至目前的 65,600 美元。在過去的十年裡，它的表現簡直令人難以置信。

With the caveat that past returns don't guarantee future performance, I've found myself gravitating towards Bitcoin over the Magnificent Seven lately. Here's why it could be time to add this digital asset to your portfolio.

需要注意的是，過去的回報並不能保證未來的表現，我發現自己最近更傾向於比特幣而不是七巨頭。這就是為什麼現在是時候將該數位資產添加到您的投資組合中的原因了。

Unparalleled Upside Potential

無與倫比的上升潛力

Ark Invest's "Big Ideas 2024" report paints a rosy picture for Bitcoin. Over varying timeframes of three to seven years, Bitcoin has trounced every other asset class. Over seven years, it delivered annualized returns of 44%, compared to a measly 5.7% for the average asset class.

Ark Invest 的「2024 年大創意」報告為比特幣描繪了一幅美好的圖像。在三到七年的不同時間範圍內，比特幣擊敗了所有其他資產類別。七年來，它的年化報酬率為 44%，而平均資產類別的年化報酬率僅為區區 5.7%。

And analysts believe this outperformance is poised to continue. Wall Street, hedge funds, and portfolio strategists are consistently raising their Bitcoin price targets. Standard Chartered predicts it will hit $250,000 by 2025.

分析師認為，這種優異表現將持續下去。華爾街、對沖基金和投資組合策略師不斷提高比特幣價格目標。渣打銀行預計到 2025 年將達到 25 萬美元。

But that might be just the tip of the iceberg. Tom Lee of Fundstrat Global Advisors forecasts a $500,000 price within five years, while Cathie Wood of Ark Invest doubles down on her $1 million prediction. She even envisions a bullish scenario where Bitcoin soars to $2.3 million by 2030.

但這可能只是冰山一角。 Fundstrat Global Advisors 的 Tom Lee 預測五年內價格將達到 50 萬美元，而 Ark Invest 的 Cathie Wood 將她的預測加倍押注為 100 萬美元。她甚至設想了一個樂觀的場景：到 2030 年，比特幣將飆升至 230 萬美元。

Mainstream Embrace

主流擁抱

A major catalyst for these skyrocketing valuations has been the recent launch of spot Bitcoin ETFs. These products have made it easier than ever for investors to access Bitcoin, boosting its mainstream appeal.

估值飆升的一個主要催化劑是最近推出的現貨比特幣 ETF。這些產品使投資者比以往任何時候都更容易獲得比特幣，從而增強了其主流吸引力。

Before 2024, you needed crypto knowledge, a digital wallet, and an exchange account to buy Bitcoin. That limited its accessibility. Now, you can trade Bitcoin as easily as any stock.

2024 年之前，您需要加密知識、數位錢包和交易帳戶才能購買比特幣。這限制了它的可訪問性。現在，您可以像交易任何股票一樣輕鬆地交易比特幣。

This path to mainstream adoption is exciting because Bitcoin is finally being recognized as a distinct asset class, alongside stocks, bonds, and commodities. Investors may begin to allocate more to Bitcoin to optimize their portfolios.

這條走向主流的道路是令人興奮的，因為比特幣最終被認為是與股票、債券和大宗商品一樣獨特的資產類別。投資者可能會開始配置更多比特幣以優化其投資組合。

Fidelity Investments suggests allocating 1% to 3% to Bitcoin. I expect this percentage to grow over time.

富達投資建議將 1% 至 3% 分配給比特幣。我預計這個百分比會隨著時間的推移而增長。

Expanding Use Cases

擴充用例

The number of Bitcoin use cases is also on the rise. Ark Invest has identified eight real-world applications, each with significant market potential. Their $1 million price forecast incorporates projections of future growth in these use cases.

比特幣用例的數量也在增加。 Ark Invest 已經確定了八個實際應用程序，每個應用程式都具有巨大的市場潛力。他們 100 萬美元的價格預測包含了對這些用例未來成長的預測。

One key use case is Bitcoin's potential to replace gold as a long-term store of value. As this trend gains traction, it could push Bitcoin's price higher. Ark Invest predicts Bitcoin could account for 50% of the store-of-value market by 2030. Goldman Sachs Group has a similar forecast.

一個關鍵用例是比特幣有可能取代黃金作為長期價值儲存手段。隨著這一趨勢的發展，它可能會推高比特幣的價格。 Ark Invest 預測，到 2030 年，比特幣將佔價值儲存市場的 50%。高盛集團也有類似的預測。

Long-Term Edge

長期優勢

This isn't a call to abandon the Magnificent Seven. I'm not even suggesting Bitcoin will outperform every one of them in the short term. Nvidia's AI prowess may give it an edge as a high-upside investment for now.

這並不是要放棄七俠。我甚至並不是說比特幣在短期內會超越它們中的每一個。英偉達的人工智慧實力可能使其在目前的高回報投資中具有優勢。

However, over the long haul, I believe Bitcoin has a clear advantage. As its mainstream adoption grows and its use cases continue to expand in value, it has the potential for substantial price gains.

然而，從長遠來看，我相信比特幣具有明顯的優勢。隨著其主流採用率的成長及其用例價值的不斷擴大，它有可能大幅上漲價格。

It may not reach that $1 million mark, but I'm confident it can continue to outpace the Magnificent Seven.

它可能不會達到 100 萬美元大關，但我相信它可以繼續超過七俠。