Bitcoin Not A Safe Haven

[hasan007 206]

I didn't say its safe, because not lots of scammers are trying to steal your money. So, your safety in your hand.

[zizi17 50]

True, he considered that investing in bitcoin is not always safe. To reach all goals, it is very important for the person to have a good knowledge and a suitable ability to work and research.

[Red-Jones 1150]

1 hour ago, Emma 111 said:

Why bitcoin not safe?i heard many pleaseble tink about bitcoin

 

The creator of this topic is talking about "safe havens". Imagine that you have $100 invested in a car today, but you discover that in your region there will be a big storm that will cause your car to break down, but in order not to lose money you sell the car and buy gold and continue to keep $100 and even when you have a major financial crisis you will still have your $100 (it may drop to $95 but after months it will return to $100 more) then in that case gold will be your safe havens.

 

 

[Adill khandakarya 47]

I will also say like you... many country does not allow bitcoins as a good way...... many countries banned it also...

 

 

 

 

 

 

 but one thing... most of users in this site use it as their help of live..... in this reason I have a good thinking about bitcoins..... I hope You also will realize it

[Tannah 1228]

Somewhat i am agree with this opinion. Any time the price of bitcoin may fall and We Bitcoin earners can face a big loss   . It is clear that bitcoin is risky. But bitcoin helps us a lot now a days. We can earn bitcoin easily. So, it can be said from my point of view that sometimes bitcoin is a safe haven, sometimes it is not.     

[khan22 3478]

Bitcoin is the safe thing but if you safe your wallet becasue hackers will always hack that unsecured wallet and it the person safe their coins detail in their emails and the emails are unsecured that the main reason. SO secure your wallets and make profit through this great business.

[Yomose 3704]

Bitcoin ks not a sage haven because it is unstable, you can put on your money and gain or lose, so, it is not totally a safe haven. But, the risks left for individual, it is safe for people that really understand how the bitcoin price fluctuations do works.  

[TimopheyKa 3900]

Bitcoin is anonymous, and therefore can often serve as the best solution for hackers and intruders! The fact is that you need to be completely sure that no one will cheat you, and then the cryptocurrency is safe!

[Mehar446 280]

Yes his analysis is true. As bitcoin is decentralized so its fluctuation is so much intense that no one could handle it. The market already have a lot of capital that a single person could not have.

[Gherkj34k 55]

On 1/18/2020 at 8:20 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 the crypto world, bitcoin is one of the most stable, predictable and safe coins. But, of course, it is not comparable in value to russic stable instruments like bonds or funds.

[AmfixXx 27]

As in casino gaming, there are always risks no matter if it is poker or investing money in cryptocurrency, you cant avoid them. So you need to play this kinda game smartly

[mattsett 120]

Bitcoin is like any other form of investment, it has its risks, but it does not mean that it is not safe, Bitcoin is the safest currency that exists but even so you should not invest all your capital

[Jromz 2158]

It's interesting to read these views from early this year where the quoted article argues that bitcoin is not a safe haven. Perhaps, that article were right back then, as shown by bitcoin's crash last March, during the outset of coronavirus crisis. Yet, another recent statements by famous investor Mike Anthony Pompliano, indicate that bitcoin is starting to behave as safe haven, given its recent decoupling from stocks. 

 

 

 

[Brandonsaw 1973]

Bitcoin I would say that people who say it is bad are very good because they have had many losses and real people know that there will always be many losses and many gains in bitcoin and thanks to those mistakes we are improving.

[Goyaa 2414]

I don't think there is anything wrong with people arguing that bitcoin is not safe, in my opinion nothing is safe in the world. Bitcoin is a profitable investment asset, has high fluctuation, so that's where we take advantage of the fluctuation. We can buy low and sell high, if we have money of course I will buy gold, gold is good for storing value.

[Izeal 4404]

I would never suggest bitcoin as an investment if you portfolio is very low and you dont know anything about the cryptocurrency because I am sure you gonna loose all you money. I think it's better to invest in your self for learning more skills and knowledge.

[Alex9876r 1408]

So far, after ten years of its existence, it has proven that it is not only safe for investment, but rather profitable in an indescribable way more than anything else In my opinion, all the movements that we saw previously from high and low are normal market fluctuations

[Sykkuno 2887]

It is possible that many think of Bitcoin differently, some investing into Bitcoin thinking of this asset as a store of value for long term investment, others invest and trade it fearing for a price crash and the short term profits, so it is not decided yet what actually the characteristic of Bitcoin is, although most are leaning to be a safe harbor and store of value asset.

[estmerbol 257]

Whenever renowned world analysts have come out, talking about the risks of BTC, they have almost always had to swallow their words. We all know that crypto world is super volatile and precisely that feature is what makes you earn money. That is why it is increasingly common for people to take refuge in BTC when there are movements of instability in the world market.

[rahmi777 320]

I do not think that Bitcoin is a digital currency linked to itself only and is not affected by the rest of the currencies, but is affected by supply and demand as a fundamental factor

[bogdanoff 3173]

Recent events have proven that bitcoin is not only a safe haven but an asset everyone can trust for investing and expect big returns. The reason is that it is an upcoming safe haven asset that is still valued very low.

[Honny143 13612]

On 1/18/2020 at 11:52 AM, Jeet Narayan said:

In some cases Bitcoin is not good but in some cases Bitcoin is good, actually every thing have good and bad side of it. Bitcoin help me a lot so I like Bitcoin and also Bitcoin future is bright.

Well said @Jeet Narayan every investment behind two probabilities involved one loss second profit, if we chose bitcoin investment then don't be worry about volatility,

because its bitcoin nature and now a time so many peoples change their life through bitcoin, so without risk no one earns good profit.

[cryptovlek 2597]

I disagree strongly. What we see is Bitcoin growing. when an asset does that it will be sometimes when it grows a lot and then it corrects. This is about Bitcoin too and it is constnatly growing so anytime we find this safe haven asset priced low we need to buy with all we can.

[VijithaVarghese 1994]

Bitcoin has its risk as it exists in an volatile environment which cannot predict the happenings. It's only safe in moving when you learn how to be profitable in the cryptocurrency market with great experience and knowledge.

[yonkii 3205]

The volatility Bitcoin has is expected to be reduced. It is seen as such because of big price swings but this means to me that price is on a positive trajectory and not that it is highly volatile asset. Each year the lowest low is higher from the previous year. Some years it rises too much creating a bubble but it corrects back, not to where it started but always higher.