比特币是成​​长股的新皇冠明珠吗？

Is Bitcoin the New King of Growth Stocks?

比特币是新的成长股之王吗？

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%.

在过去的五年里，被称为“七巨头”的科技巨头一直在取得令人瞩目的进步。它们的价值翻了一倍、三倍，就 Nvidia 而言，价值增长了惊人的 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.

但这里有一个曲线球：比特币在同一时期同样令人印象深刻。它的价值从不足 4,000 美元飙升至目前的 65,600 美元。在过去的十年里，它的表现简直令人难以置信。

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，过去的回报并不能保证未来的表现，我发现自己最近更倾向于比特币而不是七巨头。这就是为什么现在是时候将该数字资产添加到您的投资组合中的原因了。

Unparalleled Upside Potential

无与伦比的上升潜力

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 年大创意”报告为比特币描绘了一幅美好的图景。在三到七年的不同时间范围内，比特币击败了所有其他资产类别。七年来，它的年化回报率为 44%，而平均资产类别的年化回报率仅为区区 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.

分析师认为，这种优异表现将持续下去。华尔街、对冲基金和投资组合策略师不断提高比特币价格目标。渣打银行预计到 2025 年将达到 25 万美元。

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.

但这可能只是冰山一角。 Fundstrat Global Advisors 的 Tom Lee 预测五年内价格将达到 50 万美元，而 Ark Invest 的 Cathie Wood 将她的预测加倍押注为 100 万美元。她甚至设想了一个乐观的场景：到 2030 年，比特币将飙升至 230 万美元。

Mainstream Embrace

主流拥抱

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.

估值飙升的一个主要催化剂是最近推出的现货比特币 ETF。这些产品使投资者比以往任何时候都更容易获得比特币，从而增强了其主流吸引力。

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，您需要加密知识、数字钱包和交易账户才能购买比特币。这限制了它的可访问性。现在，您可以像交易任何股票一样轻松地交易比特币。

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.

这条走向主流的道路是令人兴奋的，因为比特币最终被认为是一种与股票、债券和大宗商品一样独特的资产类别。投资者可能会开始配置更多比特币以优化其投资组合。

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

富达投资建议将 1% 至 3% 分配给比特币。我预计这个百分比会随着时间的推移而增长。

Expanding Use Cases

扩展用例

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.

比特币用例的数量也在增加。 Ark Invest 已经确定了八个实际应用程序，每个应用程序都具有巨大的市场潜力。他们 100 万美元的价格预测包含了对这些用例未来增长的预测。

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.

一个关键用例是比特币有可能取代黄金作为长期价值储存手段。随着这一趋势的发展，它可能会推高比特币的价格。 Ark Invest 预测，到 2030 年，比特币将占价值储存市场的 50%。高盛集团也有类似的预测。

Long-Term Edge

长期优势

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.

这并不是要放弃七侠。我什至并不是说比特币在短期内会超越它们中的每一个。英伟达的人工智能实力可能使其在目前的高回报投资中具有优势。

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，从长远来看，我相信比特币具有明显的优势。随着其主流采用率的增长及其用例价值的不断扩大，它有可能大幅上涨价格。

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

它可能不会达到 100 万美元大关，但我相信它可以继续超过七侠。