Bitcoin Not A Safe Haven

[Ayush Singh 1175]

Yes I agree with him because Bitcoin cannot be compared with gold as we know that gold is a stable assets which fluctuates little bit but not that much as compared to the Bitcoin well we can say that it's not safe for investment but I think that the Bitcoin has the capability of growing back and giving good returns to its users. 

[Roomi 1119]

On 1/18/2020 at 9:20 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?

I agree with that statement that bitcoin is not a safe heaven, but mostly new comers thinks that it is the place where we can get rich easily by purchasing or trading bitcoins. 

On 1/18/2020 at 9:20 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?

I agree with that statement that bitcoin is not a safe heaven, but mostly new comers thinks that it is the place where we can get rich easily by purchasing or trading bitcoins. 

[Ammar Ali 4]

Yes  i agree with you bitcoin is highly volatile market compared to gold investments. But the Roi is very high in Bitcoin compared to other investments. It is a lucrative market with high risks involved and not a safe haven.

 

[Hanuman 253]

Everything have good and bad situation so that in such cases bitcoin will be bad but in such cases bitcoin will bood.

But 

[Ionescu 115]

On 2/1/2020 at 8:11 PM, Crypto555 said:

I agree with him because bitcoin can certainly not be considered as same as gold. Gold is a very safe investment that maintains its price stable for a very long time while bitcoin price can anytime go up or down 

Bitcoin has proven to be a better investment than gold in the last 10 years. Because the price of bitcoin skyrocketed while the price of gold remained kind of the same in all of this time 

[khan22 3478]

On 1/18/2020 at 10:52 AM, pkrs said:

Yes  i agree with you bitcoin is highly volatile market compared to gold investments. But the Roi is very high in Bitcoin compared to other investments. It is a lucrative market with high risks involved and not a safe haven.

Volatility of the market is the part and in the market it will goes to up and down some time and so many peoples will know about that the crypto market is going to be high and low and peoples will make money through trading in it.

[Sapdrx 469]

On 1/18/2020 at 5:20 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?

I think it depends on who you are talking to. In Venezuela people perceive crypto and BTC as a safe haven compared to the corrupt high inflatory local currency.

[Sardar27 12]

Its depend upon person how he want to work .every thing have two ends one with success and one with loss soo we can't blame bitcoin .it provides many needy people platform who want to earn.

[BitMart 326]

From the first day of bitcoin we all know this is not safe heaven because its going to be changed many values and things so this is still implementing because its nature is unpredictable and volatility is also too much so this can do many things which investors don't like but still its around and doing good users also have some serious issues like hacks and stolen this is also faced by many.

[Saif588 84]

I am not agree with you. At present many people earning money from bitcoin. That's why I don't think so.

[Xsimple 441]

I think bitcoin is safe to invest with and it is also safe to trade and the only thing that is not safe is the exchange that we used as a tool to have this.

[avatarkiyoshi 270]

If we compared Bitcoin and Gold, it's clearly Gold is still the best to be called as safe haven assets, but if there's a problem regarding to get a gold, Bitcoin is the second option that worth besides Gold. Bitcoin as safe haven is depends on how we respond.

[Sapdrx 469]

Bitcoin can be a safe haven in areas where inflation is very high or access to your own funds are restricted. It can also be perceived as a safe haven for people who avoid local asset tax.

[Kamranali 1]

My friend i have not that much idea about bitcoin because i have in beginner level i now i have in a learning stage if u have any good so please share with me.

[Badhon420 126]

With myself I just typically deviate on that on the subject of Bitcoin not to mention I'm sure in your thinking that this unique coin seems to have sourced from a great deal not to mention just about everyone has long been learning not to mention spotted and yet there can be concerns much too who bitcoin seems to have and yet expression her in no way safer most people mistook not much safer the majority of us take on financial risk.

[Razan alikac 1899]

Everything has a bright side and in return it has a dark side, and although I agree with you that Bitcoin is not a safe haven, but it is in  one of the best options available and there is nothing completed in this presence and whoever seeks success must expose some risks.

[Jessica Karren 1242]

Yeah agreed. Bitcoin is not a save haven because of its highly unpredictable nature. One minute up other minute down. There is a huge risk involved in it and need big heart for big investment in Bitcoin.

[rekter 8129]

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?

It's not a safe investment right now, but it doesn't mean it wouldn't have all the right fundamentals to get to be one of the safest investments ever. Volatitliy just tells me that the price should go much higher. And undervaluation causes lot's of crazy trades in this point. We need way more time to get in the true value area.

[Win 1015]

Every people has thier own point of view on bitcoin its all up to you if what is you'res,in my own opinion that person maybe not a believer of cryoto currency most specially bitcoin.again in my own opinion.

[malik6314193 5449]

Yes i agree with your point of view. Bitcoin is not stable market as gold market.. Bitcoin is volatile.. It prices goes up and as well as goes down.. It is not stable as much. 

[Neneng B 74]

I agree, Bitcoin is not a safe haven especially the volatility of Bitcoin in the market that depends on the demand. It is actually good to convert it on local currency.

[duncun007 3577]

38 minutes ago, Musbeerah said:

Bitcoin is highly unstable which makes it volatile and with that it is not a safe haven, anything can actually happens to it

but that still wont mean there is a better investment than bitcoin and i personally would be more invested in bitcoin that any other asset because at least on crypto i dont pay taxes.

[Iamstrong 563]

Yes, I agree with him, although bitcoin keeps the price for several years very high , this does not mean that it will always be so.

[jekich.chan 1439]

Yes, bitcoin and cryptocurrencies in general are a very risky business, the course can jump very strongly, now up or down. A very unsafe place to store your savings.

[5nahid5 0]

bitcoin is a investment. investment has lose or profit. bitcoin is not a haven, everybody think its haven but its not a haven