Bitcoin Not A Safe Haven

[Irungu 4299]

I definetly know that, its not safe to be on bitcoin because it falls and rises at the same angle and stand but we need to also be careful to really follow strategies that do work and so we need to really create everything perfectly and to really redeem everything in strategy that works well.

[Fixfin 2569]

Anyone has an opinion on Bitcoin and can try to make it look scientific and give arguments, yet in the end they are proven wrong and don't ever make predictions or judgement again. Bitcoin was said to be dead for many years and it didn't die. Economists said it is a speculative bubble and it dropped in price but it is back up again. Now someone says it is not a safe haven. So I can see progress in the comments of opponents.

[annayks 2314]

A safe haven means price will be stable when economy faces troubles. This is usually gold. I don't know if Bitcoin will be a safe haven as it follows different rules and has some cycles that are proven to be on time so far. Maybe after many years perhaps decades it will make it there.

[percare 3192]

Bitcoin is what investors believe it to be. Since most investors are long term holders and most of the supply of the asset is away from exchanges I think we can say it is a safe haven option for many investors that believe it can be also a hedge to inflation and the weakening of the dollar.

[Hussain musaddaq 348]

I agree with you . Bitcoin is not safe haven.this is due to the unstable price of bitcoin.there is a risk of investing on bitcoin than gold.gold is legal in all over world and checked daily.but bitcoin is ban in some country. Which creat a problem for investment.

[Mouhadheb 196]

I disagree with him on this vision, and Bitcoin is certainly a safe haven for owners of large and small capital. Now we are really confirming this vision. The global economic crisis has made digital currencies flourish and many new investments have entered.

[zhoutong 2188]

A safe haven can be something that will reduce risk and traditionally it is gold and silver investors buy to have reduced risk from their investment. Also the bonds of good economies are safe haven and some big money prefer to pay governments today as many of the bonds have negative return.

[Kafon 0]

Some might consider it not a safe haven, but I definitely disagree. The reason is clear in front of us, as crises are making major investors buy gold to protect their money from the fluctuations of the dollar, and here we see huge liquidity pumped into bitcoin daily. This indicates that Bitcoin is the same as gold and may have given more profits this year.

[Syedbesharat 5423]

In business the basic factor risk is involved where the only profit wearing isn't called the business. For BTC it's fit because of high volatility the trader can  earn and lose money. But if it becomes stable or move not volatile then their isn't trade on BTC and no one will earn huge profit. The stable coins died because of this and BTC running still .

[Mark wood 2970]

Actually we can see Bitcoin rise and down so we will take care of everything because it is in the high value now and we can see sometimes it fall down but I expect it will not fall down soon maybe after this year because I have experience in the end of year it rise so fast..

[Frodler 943]

I totally agree with his analysis, Bitcoin should not be seen as a safe heaven rather, it should be viewed as a means of doing business because the volatility can come and go at anytime and this shows that it cannot be used as a reserved  asset. 

[Teminali69 1081]

On 11/18/2020 at 8:00 PM, Mouhadheb said:

I disagree with him on this vision, and Bitcoin is certainly a safe haven for owners of large and small capital. Now we are really confirming this vision. The global economic crisis has made digital currencies flourish and many new investments have entered.

Maybe bitcoin is a safe heaven and at the same time it is not, it is safe heaven for people who knows what they are doing and it the worse hell for who have no idea what they are doing, those who investing for them is like gambling.

[Onden 2098]

I disagree with him, I think bitcoin is a safe place to store value for money. Indeed bitcoin is unstable but we have to be smart when we are in cryptocurrency, buy bitcoin when the price drops. Do not buy when the price is high, bitcoin price fluctuations are very high, this fluctuation becomes an excess of bitcoin so that it provides an advantage for the holder.

[Zeshan Khalid 2577]

Gold or other fiat currencies are more stable as compared to cryptocurrency. Bitcoin trading can be a very good option for immediate investing and trading but it is not good for long term investment.

[Arslanbhai123 628]

Yes bitcoin is not a safe heavenfor beginner but safe for experienced members.They know about the volatility of the market and invest at the right time. Crypto is safe from them but nor for all. 

If you want to earn then gain knowledge and experience then invest and trade than it will definitely heaven for you. 

[Johermi 1170]

I believe that Bitcoin will become a safe haven for many people, so much so that many analysts compare it with the safest refuge, which is light gold, Bitcoin with a little more risk due to its volatility 

[kryptonick 2659]

It has low correlation as it is still haven't reached a trillion dollars market cap. It has a long way to go and price can reach higher than $100k. In fact if we take out 3-4 million of lost bitcoin then the market cap will be even lower giving more to the price it has today as we value market cap more from anything else.

[KHALED ADWANI 1216]

Yes, it is an area for trade and profit. It cannot be considered a safe haven, such as gold, silver and other minerals
It fluctuates and its price may drop by more than a thousand dollars in a week, depending on its supply and demand

[sormis 567]

bitcoin is also very safe in our online market so that there are many

people work this site and earn money a lot of.this is very good and trusted site in the world.

thanks

[Mella 3680]

I am not worry about what this person is saying. Try to put a resemblance with gold is not correct and I am the opinion that Bitcoin is not already a store of value. It is something that need more years to be there, if a big economist can not see that it is becoming there then it is not my problem.

[Hamza 2.2 631]

Each crypto Trader realizes that the amount of Bitcoin is fixed and demad of these mining coins is hundred percent more its flexibly it reach at excessive costs and just most extravagant individual utilized this. In this manner individuals thought about the equivalent.

[Abbas2.0 812]

4 hours ago, Hamza 2.2 said:

Each crypto Trader realizes that the amount of Bitcoin is fixed and demad of these mining coins is hundred percent more its flexibly it reach at excessive costs and just most extravagant individual utilized this. In this manner individuals thought about the equivalent.

You are writing good but try to write in a clear way so that people from any region that are using this forum for knowledge can understand in a simple and clear way. 

[jackycrypto485 1055]

Of course, I disagree with him, because experience has proven that this talk is completely wrong, we saw very recently how most of the world’s economies collapsed and were hit by inflation, so people resorted to Bitcoin and gold as a safe haven, there are statistics indicating the great rise in demand for bitcoin during the Corona epidemic and this It clearly shows that people are using it as a safe haven.

[Sonia Ali 507]

Absolutely my friend I urge you that bitcoins are writing the same and we I do not think that at all there is a level currency And we have to spend more on this and list more and more. 

[abd1992 960]

On 1/18/2020 at 6:20 AM, hmind said:

What do you think about Mike O'Sullivan's view of the Bitcoin problem. Is there a difference of opinion with him, or do you agree with what he says?

In general, I think today it has become a safe haven for many, especially after the Corna virus, and this made many rely on Bitcoin instead of gold