Bitcoin Not A Safe Haven

[MK AHMAD 1134]

Yes you are right bitcoin is not a safe halving as we know it has value and it's very expressive more than other coins in the cryptotalk currency platform which encourage more spammers and hackers

[isther69 521]

BITCOIN could be considered a safe haven of value in the long term because if you keep your money in it for a long time you are sure to keep its value or double it, but in the short term it could bring you loss due to the volatility of its price because its price is not constant at a single point.

[Oki 675]

I don't agree with Mike O'Sullivan's view that Bitcoin is unstable but that doesn't mean it's unsafe. Bitcoin is very safe if you can see an opportunity, you can enter when the price of Bitcoin goes up and you can exit if Bitcoin goes down. As a store of value, we must buy Bitcoin at the right time, i.e. when the Bitcoin price is falling and sell it when the price is high.

[Dang3r 103]

He considered that the term "digital gold" is being misinterpreted, since it is only looking to make the explanation about what cryptocurrencies or Bitcoin is to be more specific, easy to digest, it is also obvious that cryptocurrencies are not a refuge, constantly suffer corrections and the market does not offer the security that gold can represent.

[Roman Wickler 1021]

Yeah you're right. But bitcoin isn't fully bad. In some cases bitcoin is bad and in some cases bitcoin is good. Because of its bad crime many countries don't accept bitcoin. But they don't see the good thing. I don't know why. Many criminal use bitcoin and we can't track them. That's why many countries don't accept it. But bitcoin has many other good facilities. So we must prevent the bad things. 

[MoralStories 1127]

if you are making some kind of investment you should never think that you will be able to get profits only you should take care of the risk and keep it in your mind because Bitcoin is not a safe Haven

[Lokeloke 576]

22 minutes ago, Roman Wickler said:

Yeah you're right. But bitcoin isn't fully bad. In some cases bitcoin is bad and in some cases bitcoin is good. Because of its bad crime many countries don't accept bitcoin. But they don't see the good thing. I don't know why. Many criminal use bitcoin and we can't track them. That's why many countries don't accept it. But bitcoin has many other good facilities. So we must prevent the bad things. 

Bitcoin is not bad actually, it's those can't get the Dominion over it that used to force people to believe it's bad, and we won't have any problems if we believe that cryptocurrencies is just the conversion of our fiat to digital

[Guru2050 8284]

Absolutely right when he says bitcoin is extremely volatile coin and as such it's a discretion for average minds. But the don't forget that the world population and massive target focus on potential future currency that is replicating profits not stable coin. So to say that statement is he's narrow minded views. Joined Crypto as early as best for you to accomplish your dreams

[Malikhamdullah 145]

See rick is an each field of works show me where is no danger except for in the event that we generally consider hazard, at that point we can't do anything in your life and the individuals who face challenge they will accomplish what they need in their life.

[yulitzacalvete 1366]

On 1/18/2020 at 12:20 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?

Although they think that there may be problems with BTC, I would say that we are seeing a Bitcoin gaining strength and having more acceptance in the world every day, which gives us the impression that BTC will soon be accepted, therefore I do not see a possible risk before using BTC.

[teebasas 3018]

I do not entirely agree with this because Bitcoin gives us total independence and we can also make a good profit from it because it is not subject to centralization and we know that these currencies have been prepared to make currency futures and buying and selling easier.

[Eezabell 339]

For your information the Bitcoin is included in the lists of the stable coins and it has becomes the passions of the traders the trades can't do any thing without this help. The Bitcoin is helping to all of teg trades and bearing all kind of expenses.

[korobi909 193]

In my opinion, bitcoin is safe and risky, I could not find a perfectly safe currency. Bitcoin is the most valuable so it's safe for anyone who wants to hold that the profits are definitely high just need to know how to analyze opportunities and seize opportunities.

[kumkum444 142]

I agree with him, Bitcoin cannot be considered a safe haven for the severity of its volatility so that the market value of bitcoin, which is estimated at about $ 200 billion, is nothing against the market value of gold, which is estimated at approximately $ 8 trillion, when the market value of bitcoin rises to more than $ 2 trillion then. Bitcoin can be considered a safe haven.

[Haley 832]

Yes its true that bitcoin have more volatility then gold and its more risky to invest in bitcoin then in gold but on the same time its more volatility also increases its chances to gain more profit and this makes it popular among people. 

[Leo0 277]

I couldn't clear your information about why bitcoin is not safe bitcoin is 100% safe if you can protect your wallets now therw is a lot of killer hack cryptocurrency.i myself fell the advantage of bitcoin outdo its disadvantages    

[Jack764 1841]

The field of cryptocurrencies has a lot of risks and you may lose all your money with one click, so there is no guarantee in this area 

[Kibe 352]

Bitcoin could be a safe haven if you can manage the risk involved in the investment but when you cannot manage or bear the risk involved in the investment believe me it's not a safe haven, thanks mates you are always welcome have a nice day.

[Tony Stark Mark85 57]

Yes You're right. Bitcoin investment is too risky compared to others investment. But it has a lot of positive sites. That's why i prefer bitcoin for investing. 

[basel23 1722]

The fact that Bitcoin is very volatile does not mean that it is not a safe haven for investment like gold, because the volume of Bitcoin trading has become very large and this makes investing in Bitcoin and other cryptocurrencies safe.

[Dissy sb 945]

My friend I want to tell you that according to my knowledge the Bitcoin is safe you just should to set the high security of your account and protect your private key that is very beneficial for you to secure your Bitcoin in your wallet

[Stiffen white 827]

Bitcoin is safe and secure, but it can be unsafe in some time in different conditions.  So bitcoin is profitable and some time we can face loss. But strategies and knowledge can be make us more perfect. If we talk about price then it base in flactuation.  So sometimes low and sometimes high.  But overall bitcoin is safe and unsafe but with conditions. 

[HadiLord 926]

There is an almost correct view, you cannot rely on cryptocurrencies as a stable currency, or to save your money, but to invest and trade due to the large fluctuations of these currencies, but I see it as an advantage more than bad as it provided job opportunities for millions of people around the world

[HumamAliDeeb 590]

American billionaire Elon Musk may have charmed investors from the giants of the money market in the United States, when he threw the decision to invest $ 1.5 billion in bitcoin in front of them, to attract the digital currency whose price exceeded $ 50 thousand, more buyers who were lured by its amazing growth, despite the concerns of many Market regulators, and professionals in the sector, such as Eric Demuth, head of the Bitpanda platform for selling European cryptocurrencies, believe that the issue has been settled and that Bitcoin has become a "new digital gold" accepted by investors wishing to diversify their assets and protect themselves from inflation.
This is why my friend, it is clear that it is a safe haven when the currency is supported by and promoted by whales, and it is in line with the progress of development in the era of technology.

[JJmangla 123]

Cryptocurrency market is very volatile and there is a huge risk involved as compared to the gold market gold value is fixed and gold market is not a volatile like Bitcoin market but Bitcoin has their own importance and value in cryptocurrency marketbi think in future Bitcoin value is more increased