FAANG Stocks Provide a Better Risk-Adjusted Performance Than Bitcoin

(BTC) and other cryptocurrencies have been compared to FAANG (Facebook (NASDAQ:), Apple (NASDAQ:), Amazon (NASDAQ:), Netflix (NASDAQ:) and Google (NASDAQ:)) companies due to their network effects, as reported by Cointelegraph. The rationale that the increase in people using a platform makes its value increase exponentially — as it happens with Facebook or the App Store — is applied to cryptocurrencies at large: The more people that hold a crypto asset, the bigger increase in market value.

Further reports have suggested that these companies intend to launch their coins after Facebook’s Libra introduction to the market. Some of these companies have been the darlings of the stock market, but recent shifts in consumer preferences show that a segment of the population (i.e., millennials) already prefer investing in Bitcoin instead of FAANG stocks like Netflix. While this is intriguing, the question is: Are investors better off investing in Bitcoin and other cryptocurrencies than in FAANG stocks?

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.