2024

Better

Long

Bitcoin

<ul class="list-ic vertical"> 
 <li> 1 <a>Nvidia gave outstanding earning reports that surpassed the earning expectations.</a> </li> 
 <li> 2 <a>Between 2019, and 2024 NVDA gave more returns than the BTC.</a> </li> 
</ul> 
Bitcoin (BTC) and&nbsp; Nvidia (NVDA) are two assets which shocked everyone with their performance. Between May 22, 2019, and May 22, 2024, NVDA has returned 2,402.6% and BTC has returned 782.4%. Despite their robust performance, analysts usually doubt these asset’s valuations. 
<h2 class="wp-block-heading" id="strong-nvidia-nvda-strong">Nvidia (NVDA)</h2> 
Nvidia Corporation (NVDA:NASDAQ), is known for its robust GPUs and has transcended the gaming industry. Venturing into sectors like AI, data centers, and automotive tech, Nvidia has become a key figure in multiple emerging fields. 
The company’s shares have witnessed notable appreciation, propelled by AI and machine learning’s growing significance in tech progress. 
On May 22, Nvidia published its Q1 financial results. The revenue increased by 18% from the previous quarter and by 262% from the same period last year, surpassing the analyst predictions of $24.6 Billion. This growth was driven by increased demand in the gaming and professional visualization segments. 
Following the earnings report, NVDA stock prices soared to a record high in after-hours trading on May 22, reaching just above $1,000 and pushing its market capitalization to over $2.5 Trillion. 
<h3 class="wp-block-heading" id="strong-bitcoin-strong">Bitcoin&nbsp;</h3> 
Turning to Bitcoin‘s journey, the premier cryptocurrency has been synonymous with both high risk and exceptional gains since its inception in 2009. Bitcoin has outshone various conventional investment vehicles, despite its price’s dramatic swings. 
Following its peak in late 2021, Bitcoin‘s value dipped amidst regulatory and market stability worries. Yet, the foremost digital currency regained traction towards the end of the beginning of 2024, buoyed by the anticipated nod for a <a href="https://www.thecoinrepublic.com/2024/05/16/bitcoin-etf-a-big-no-no-for-vanguard-says-new-ceo-salim-ramji/" target="_blank" rel="noreferrer noopener">Bitcoin spot ETF.</a> 
On March 14, Bitcoin hit a record peak of approximately $73,750, only to pare back some gains amid escalating global tensions and heightened investor prudence. 
Moreover, analysts are speculating that Bitcoin (BTC) could reach the level of 100K before 2024 ends. 
<h3 class="wp-block-heading" id="strong-bitcoin-vs-nvda-strong">Bitcoin VS NVDA</h3> 
When we look at the Bitcoin vs NVDA chart we may observe that after May 2021 Nvidia surpassed Bitcoin in terms of returns. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
 <img loading="lazy" decoding="async" width="1024" height="345" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297-1024x345.png" alt="" class="wp-image-206677" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297-1024x345.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297-300x101.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297-768x259.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297-750x253.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297-1140x384.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-297.png 1360w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
Source: statmuse 
From May 22, 2019, to May 22, 2024, NVDA has generated a return of 2,402.6% for the investors and Bitcoin (BTC) has generated a return of 782.4%. Hence, last 5 years NVDA gave more returns as compared to Bitcoin. 
<h3 class="wp-block-heading" id="strong-nvidia-getting-bigger-and-bigger-strong">Nvidia Getting Bigger and Bigger</h3> 
Recently, the Kobeissi Letter pointed out that NVDA is now trading with a market cap above $2.5 Trillion for the first time in history.&nbsp; 
<center>
 <blockquote class="twitter-tweet">
 BREAKING: Nvidia stock, <a href="https://twitter.com/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NVDA</a>, is now trading with a market cap above $2.5 TRILLION for the first time in history. To put this in perspective, Nvidia is now larger than Tesla and Amazon COMBINED. Furthermore, Nvidia is now larger than the entire German stock market. Nvidia is… <a href="https://t.co/Uaj9mgFoML">pic.twitter.com/Uaj9mgFoML</a>— The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1793403935555805263?ref_src=twsrc%5Etfw">May 22, 2024</a>
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</center> 
To provide some context, Nvidia‘s market cap now surpasses that of Tesla and Amazon combined. In addition, Nvidia’s market cap is now larger than that of the entire German stock market, as well as the combined market caps of the Italian and Australian stock markets.&nbsp; 
Just five years ago, Nvidia‘s market cap was only $100 Billion. As of now, it is the third largest public company in the world and is just 17% away from surpassing Apple in market cap.

Bitcoin vs Nvidia: Which Investment Is Better In The Long Term?

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