Bitcoin Forum

Nice video and the article!
https://cointelegraph.com/news/is-bitcoin-a-safe-haven-for-your-money
Must watch

As per my experience bitcoin investment is very safe haven for our future, because we already know that if someone invested $100 in the Bitcoins at earliest now it will cost more than a millions. but we have to understand the crypto market very well before make a decision in crypto investments.

I read the article and seems not so detailed.
But here's what I can say; Bitcoin is not safe haven for my money.
Because I do believe the risk when I started to buy Bitcoins and store it for long term.
Although I already know the risks, I am still supporting Bitcoin, why? Because I am not just totally into the money will return of Bitcoin, but it's also for innovation or technology behind Bitcoin.

Why must WE watch it? You just watched it, couldn't you give us a summary of the information provided? A few bullets on why they believe bitcoin is a safe having for our money?

Bitcoin can only be considered a safe haven if we know the rest of an investor's portfolio. It's not a safe haven for all of one's money. The swings in Bitcoin are unreal. 10-15% price swings over the course of 24 hours is the exact definition of risky (not safe!) What Bitcoin does provide is a intriguing alternative to traditional investments (bonds, stocks, mutual funds, real estate). Cryptocurrency serves a great purpose in diversifying ones assets. There's a lot of upside potential, but that only comes with an equal amount of risk. Don't put all your money in bitcoin - please!

Btcoin has demonstrated to be a store of value and it is definitely a safe haven for any fiat. If there is any bad news like war, what big institution rely on is to convert their capital into Bitcoin which makes it act like a safe haven

But its price volatility makes it a high risk investment. You should know what you are getting into before you convert all your fiat to bitcoin. Though bitcoin stand out among cryptocurrencies, but the stability of its price in the market is one drawback. It is good if the price is in continuous increasing trend but what if when the time comes that you need to encash and the price is not something you expected? So what I am saying is just prepare yourself for all possible scenario because bitcoin is a high volatile investment.

Since I am expecting my bitcoin to flactuate or to increase when the market goes up, I strongly believe that it is a safe haven for me. Have been holding my own bitcoin and feels like holding and controlling my money with my own investment. But we cant deny the fact that bitcoin is still a "speculative unstable store value" thus making it not that safe as an investment.

for those who won't watch the video Campbell Harvey(the one being interviewed) said that "bitcoin's history is very short and we don't have enough evidence to
say that bitcoin or other cryptocurrencies will be a reliable safe haven." which I agree. also, he said if in the events of crisis(war and such) hypothetically bitcoin or other
cryptocurrencies could be a go-to asset since it is uncorrelated or affected by the crisis unlike the stock market and such.

We know that Bitcoin is a very volatile asset so if one is averse to its volatility then this is not the most recommended investment vehicle, much better go with the real gold and not its digital counterpart. However, for people who can absorb some risks and looking for a way to growth his asset or money in the coming months and years then taking Bitcoin can be worth it. The thing is never go into something with both eyes closed, one must be aware into something he is jumping into and do some due diligence before deciding to say yes. Overall, based on its history, Bitcoin can be a very profitable experience one can opt to be a part of.

The article is linked to a video, you should watch the video first. Yeah but true that any cryptocurrency is never safe to store and for life savings. only people who have strong balls who dare to invest all of their money to cryptocurrency. But in the end if it's running well, they will have a lot of profits compared to any safer investment

I don't consider Bitcoin as a safe haven for my money. Why? Because if it's a safe haven, we wouldn't have any news about hacking and scamming. I only see cryptocurrency as a way to invest a fraction of what I have and profit even for a little bit but greater than banks could give. I know Bitcoin is the future but I refuse to trust all my future in it. Let's just say I have trust issues but its one thing that saves me from trouble when greediness kicks in.

I'd pretty much consider Bitcoin as a safe haven for my money but depending on the duration. If in short term, that would not be possible because Bitcoin is highly subjected to speculation and its price is fluctuating as ever. But in 2 or 3 years time, I guess the value of Bitcoin will be appreciating. That is, for me, enough to say that Bitcoin is a safe haven. We have been saving fiat in banks, have it enrolled in time deposits, and so on but the fact remains that the value of fiat is depreciating and the inflation rate is almost equal to the interest that our savings earn.  

Yes I do agree Bitcoin is safest haven only until you wait for the long term. Should have patience and wait for the market to pump, it's more profitable than you think at the same time you should protect your private keys and password safely and should not forget the wallet address. Investing in Bitcoin for long time is profitable and be smart enough to withdraw before the market dumps.

There is always a risk if you save money in bitcoin and security cannot be guaranteed but if you keep it in a cold wallet then I think it will be safer.
Bitcoin is only for investing that I do not to save money, because investing in bitcoin I feel a big profit so I choose bitcoin over investment in others.

Me personally wouldn't rely that much to bitcoin. Maybe will keep it as investment that maybe can give me profit or loss. Because bitcoin's volatily actually is something that we must be aware and it is better than too confident in our investment. Maybe for other kind of investment too.

I'd like to believe that Bitcoin and other Cryptocurrency is a safe haven, it is easy to move from one country to another, and depending on market condition, you are likely to make a profit compared if you are going to store it in a bank, and like what happen to HongKong the government can restrict you on your control on your funds on the bank they governed.

In this market, there is no safe altcoin for you to put money in, all altcoins are dangerous and even bitcoin is very dangerous if the market collapses. Investing in this market is risky so you need to consider it carefully because you can lose at any time. Stablecoins can help you stay safe in this market, but it will not make you profitable if the market raises.

No!  Bitcoin is a digital mode of payment which has also been known as a store of value or an asset. It sure offers some store of value but this is not certain due to the volatile nature of bitcoin. It offers some level of security for my funds but it can't be a save heaven for my funds, it is rather the stable coins like tether that can be regarded as the save heaven of a crypto enthusiast.

I have read articles and watched videos that have been shared in the opening post. In my opinion bitcoin has a very high risk
against our money. because the price is volatile and its movements are difficult to predict. So for me bitcoin is not a safe haven
for my money. Maybe I think gold is better to be a safe haven. But even though bitcoin has a high risk, on the other hand bitcoin
very good at making profit. If we have good knowledge and experience in the world of crypto is not difficult to produce
profit through bitcoin.

When you find your wallet is safe, then it is true that bitcoin is a safe haven for your money. A simple hack can cause entire money to be stolen or transferred. To this people used to have separate wallets for long term holding and separate wallets for regular usages. Very few could've never been caught in the hands of scammers and traps, so even if something has happened we need to learn how to secure further. As things gets advanced, so is the security.

although I am a supporter of bitcoin but I don't agree if bitcoin is considered the safest place for our money, something that uses digital is mostly risky especially if you are not careful, in my opinion the way to secure our money is to buy property like land, some banks also have guarantees from the government so it can also be to secure our money.

For me, Safe heaven means there is no anxiety and worry about anything, Actually, Bitcoin is not like that, If you have Bitcoin for the holding, Investment or any other purposes then you must be worried about some news like price volatility and the market condition, not only that but also you should also take some precautions regarding the safety of Bitcoin. so how could you say Bitcoin is a safe haven for the money. I don't agree with you on this point, In this world, nothing is easy but something should be convenient for you otherwise you can't breathe freely. So I think Bitcoin would be that kind but who knows when it would be.

If you know how to properly invest in bitcoin, it will probably the best investment of them all since there is a higher chance that the value of your money will increase twice or thrice of its price. It will only work if you are patient enough to wait for its price to rise up since bitcoin is a long term investment and takes a lot of time before it rises up.

For me, Bitcoin is not a safe place for us to invest in this market. And the whole market is also insecure, you can get a lot of profit if the market is pumped and also lose if the market collapses. The bigger the profit, the higher the risk of loss, if you want to be safe in this market, you should choose stablecoins. It is very safe and less volatile than other altcoins

Safe or not, it depends on how you store your Bitcoin assets, if you only store your BTC on the Exchange, of course it's a very risky step. Always save your Bitcoin in a hardware wallet where yourself control your private key wallet.

Whenever the term "safe heaven for money" is used, it means a safe area for keeping your money to hide income and reduce tax burden. I don't know what OP meant here! But bitcoin can indeed be used for this reason. There are group of people who have used bitcoin to hide money trail, launder or illegally purchase items. So as per my understanding, the answer is yes!

But if you are just talking about capital protection, I am sure we have better options in hand and it is Gold. I personally prefer to use Gold for capital protection instead of bitcoin. Because the value of bitcoin keeps on fluctuating, which makes it a bad choice for capital protection. On the other hand, Gold is supremely liquid in nature and the price of Gold is not volatile like bitcoin or any other crypto assets. So for me, bitcoin isn't a safe heaven for money!

honestly in my opinion bitcoin is not a good place to save our money. because the fluctuation is high, it is not certain that in the future bitcoin will pump and the price is high. and also the cryptocurrency industry is very vulnerable to fraud. to save money I believe more in gold and land. because gold and land have always been proven safe and also its value every year always increases. and also avoid inflation.

Not a safe haven but a good investment for my money because bitcoin allows me to grow my money faster. It can only be a safe haven if you are no longer using fiat money and of course if there's a hyperinflation and in my place fiat money is still the best option and bitcoin is just an investment.

I'm pretty sure that most of the money circulating in the world aren't really tangible, most of it is digital and people transact over a network meaning to say, that the continuous development will rely on developing currencies digitally, and one of the milestone we've already achieved is to have cryptocurrency because of its strong features that will enable our funds to be secured for a long time. But bitcoin being a safe haven for our money will not be possible if we always expose our risk by utilizing thirdparty application that takes a way decentralization. Bitcoin as a safe haven could be achieve through having personal security and being responsible.

This question is directed to bitcoin investment. Is it safe? I can be sure to be safe for a certain period of time because the legal framework for cryptocurrency is still very unstable and there is no certainty yet. What can be done is to wait until there are clear rules of law and then be able to conclude whether bitcoin can be sustained for a very long period as an investment or payment instrument.

Bitcoin has proven to be a safe haven for money for those who understand its technology and are patient enough to wait for the gain harvest. Now looking at bitcoin price movement, it has been dead many times and still came back stronger in terms of price. Now to the OP, you don't just drop video and link to the article without giving a quick background to the article or video.

You should also watch the interview he is indeed said that bitcoin is a potential safe haven that is not directly controlled by the central government https://www.youtube.com/watch?v=ExYxgsevFio  ,as for me bitcoin will serve as one of the easiest asset to buy in times of war or recessions you can easily stored it on your own and you are safe.   

Although Bitcoin has a number of advantages compared to conventional currencies, it does not mean that Bitcoin has no risk, but there are some threats that are very risky for its users, one of which is storage risk because basically every cryptographic based system is vulnerable to hacking and bitcoin also has financial risk because bitcoin is one currency that is very volatile so this makes bitcoin value unstable and a problem for bitcoin investments.

You could post some of the article important sentences not just referring as to the link. Well as for the question i think bitcoin can be a safe haven it has good fundamentals and a history of always surviving any bubble. Especially when a very bad news broke about US & Iran War. Bitcoin surge along with oil and gold. Showing people trust Bitcoin more than ever and with its growing hashrate the rise of people using of bitcoin adopting to newer techs.

Not really a safe haven for our money because of the volatility and the risk that Bitcoin encompass. Bitcoin is good for investment but doesn't mean that it assures our investment to grow and earn cause of higher risk. In the article is says that bitcoin is a safe haven in the context of war and recession. With unstable and unwanted things that can happen in the economy, their alternative is cryptocurrency which can really help to secure their money. But not all the time we can say that Bitcoin is a safe haven.

Bitcoin has proven to be a store of value that just works if you have the patience, when down it always find its way up sooner or later, no other digital currencies is that good, its not a safe haven because of its volatility but its the best way to make good gains from digital currency

Long time investment in Bitcoin is safe, If you were investing when Bitcoin launched in the market, you would be a millionaire today.
If you invest in bitcoin today, then it Can be conceived that you will You will become a millionaire within 1 or 2 years. but a minimum skill about trading is required.

I'm not a investor so I do not see bitcoin as a safe heaven. There is always risks in all types of investment, I do not consider it as safe asset because for me anytime the market can crashed. I'm a mere trader who always finding opportunities to make profit. My definition of safe asset is it is an asset that can guarantee the safety of my funds. But the volatiliy of the bitcoin is too high and it is the reason why it is not a safe asset for me.

And that is also a good factor for Bitcoin. High volatility rate could give a high profit at the same time though it is really risky thus if you can't take of that amount of risk then it is better if you keep out from this. People who already have experience in this field I am pretty sure that think it as a safe haven and so am I.

Since I know Bitcoin, until now there have been no obstacles or things that are detrimental to me, especially in the storage or wallet that I use.

The members here have a trusted bitcoin repository for each of them, as well as you.

If, I see from your topic, I can say that the title is a bit chaotic, Bitcoin has no place, digital currency bitcoin / crypto assets are traded.

So, a more suitable title is, what is the name of the place / wallet that securely stores Bitcoin for you, maybe.

Yes,  bitcoin for me also was not a safe place for all of ky money. Why?  Think about it,  what if you lose your private keys of your wallet or maybe your place lost the internet. How can you access and used your bitcoin now right? I Just used bitcoin as another way of financial income.

for all of us who has been in trust for bitcoin years now?sure this is the safe haven of our money(actually our excess money because i only invested here the amount i can afford to lose because i even spend more when i was in gambling so what more in this futuristic currency?)so basically if all of us to answer?you will get the same,and about the Link no thanks i am not opening links from newbies.

Bitcoin is not a safe haven for our money because of the risks and the volatility of the price. We may see it in down and declined price so before we get into bitcoin we should know it's risks. We should know how to keep safe our bitcoin because of so many scam these days. Even we have seen the flow of bitcoin many users are still having it as investment.

If you are using bitcoin wallet for many months or years then it is actually a safe haven for your money if you even have a lot. you can store it in your wallet and earn profit without a single move in it. but you already aware that you can feel more safe if you are not careless and you have more secure to your funds.

I honestly think that other words are not safe, putting money on bitcoin is risky, but also potential. what I mean is, when you put money in the form of bitcoin, it can decrease because of the volatile price, but it can also increase. that's why bitcoin is only recommended as a transaction tool and as an investment tool. however, it depends on the people who have it, some consider it dangerous because it becomes the target of hackers.

8 years I save my money in bitcoin and often move my funds, bitcoin really keeps my money better, but to be honest I won't sell it before the price is really high or throw it into junk when it becomes $ 0, so I get free bitcoin and did not buy it, so far my money in the form of bitcoin is stored as well as possible, because I feel bitcoin is a safe place for me to save money all this time in my opinion, I will retire soon in the next 2 years  ;)

No it isn't safe because Bitcoin/crypto or any investment have it's own risk.
Not just the price fluactuation but also the security of your funds so you should be careful on where you would put up your crypto.

Thanks for sharing,I personally believe that Bitcoin is more secure than fiat.There are real platforms for Bitcoin where i can save and earn from Bitcoin without any third party.Nexo and Binance offering ataking and lending service and you can earn handsome amount against your BTC.Bitcoin is life changer if you have patience to hold and stamina to collect the BTC.May be some not agree with my opinion but i believe Bitcoin future is bright.

A safe heaven ? Nothing can be safe in this world and Bitcoin is no different as you can lose your money in Bitcoin instantly without having chances to get them back so I think Heaven Safe is a little more for Bitcoin current situation. I would say that investments are wise-made into Bitcoin when it comes to keep your assets in safe places but some of investors are choosing to keep their coins into exchange wallets so until we reach a new safe zone for wallets/exchanges/investors, I cannot consider Bitcoin A safe Heaven investment.

For now, I can't say that I am ensured that my money is safe regardless of what wallet I am hodling.
It isn't because of the safety that I am having issue of. I could just isolate it in a safe if I wanted an almost 100% security, but the thing is the price is volatility. Unless we're already having plenty of adoption of Bitcoin worldwide, but I don't think I am yet comfortable with the volatile nature of Bitcoin.

It has been discussed for years that is bitcoin good for securing our assets? Well let's be honest bitcoin price is too volatile, the price is changing so quickly, however, your coins will be safe and can't be taxed but when the bitcoin's price down your asset losing its value, that's why I don't think it's good for securing your money. The best alternative might be Gold which has been used since a long time ago.

Don’t find much info in the article apart from impact of Irani Gen killing on bitcoin price.
My take on this subject is that I am investing some portion of my savings into bitcoin not all my savings into bitcoin. So far my investing in bitcoin is going good as I am only a HODLER.

Yeah, these kind of questions been raised nor asked for how many times already about if Bitcoin is worth for storing up your assets?Its NO!
Theres no such thing about safe haven even we do saw on how it do increase its price over the years but doesnt mean that its capable on
giving out guaranteed returns or profit on your money that been stored in btc.Take this as an investment with particular level of risk.

Safety here is considered due to the fact that there are private keys virtually incapable of being in hands of another person unless of cpurse you lose it. The problem here is not with how bitcoin's private keys tend to lose. It should be the responsibility of the owner to take care of his own stuff. But I do agree with you on one thing. I can't say bitcoin's a Safe Haven for you to store your money. It's volatility is a big problem, yesterday you cashed in your money and tomorrow possibly lose most of it due to bitcoin's high fluctuation rate.

I think bitcoin is not a safe haven for my assets, Bitcoin is a profitable form of investment and all forms of investment are risky.
Looking at the price list of bitcoin we can see that the price of bitcoin increases and decreases continuously, which shows that bitcoin can bring you big profits but it is also risky.
If anyone wants to put all his money in bitcoin, I think that would be an unwise choice.

I considering bitcoin is another investment that can give me profit like what I did in real life. I don't think about bitcoin is a safe haven for our money because bitcoin itself has risk, and we should and prepare for the risk. If you can watch, the bitcoin price will always change, make some of us panic if the bitcoin price is going to down. Maybe you can choose gold as a safe haven for you, and not choose bitcoin. But if you can accept the risk, then you can use bitcoin for your own reason.

I can't watch videos in this capped mobile link anyway...

Bitcoin is safe in the LONG run. If you stop and look at the big picture, there is no doubt about it.

10-15% fluctuation is nothing compared to what it used to fluctuate in the past, and its only going to reduce even more from now on. But even if it were to eternally fluctuate 15%, it would still in the long run go up, just slower and slower overtime. So it IS safe.

A "non fluctuating" fiat might sound more enticing, their governments might even do a "proper job" to keep the inflation at 2% like their Chicago school economists want. BUT, this might change overnight, and you will not have time to react before its too late.

Those surprises do not come to Bitcoin, we already know where bitcoin is headed, and why. The fundamentals of its design, means it will not lose value over time like all fiats do. Therefore, when seen from a fiat perspective, it does look as it has always gone up.

So sure, trust your € and $ or £ whatever. But remember, they CAN become worthless overnight, bitcoin won't, because the rules of Bitcoin cannot be changed on a whim by a few people. In my country the coin wasn't so bad, until it became the worst on Earth, and there was no time to react. However you trust your government, they still have the power to make you poor overnight, no one does with bitcoin, you have to fight the entire market to attempt manipulating its price, and even if you succeed partially, it will correct to the point it will burn your fortune. Believe it, some Chinese millionaires tried, and failed.

Satoshi cannot come tomorrow and change Bitcoin rules to become 42million, without the approval (consensus) of the majority, but it can happen to your fiats. Metals are a little better in that regard, typically gold. But still, there is no guarantee that a new source of gold could be found on Earth or in space, so while the surprise factor is much lower, its not as low as Bitcoin. Think of this, the sole "news" that someone finds a gold filled asteroid, could drop its price in the market. Will someone ever find a bitcoin filled asteroid?

The longer the timespan, the better you comprehend bitcoin's value. Of course diversify your portfolio if you want, that is never wrong.

Bitcoin is a profitable speculation, it is not a safe place for my money, if I choose a safe place for my money I will choose gold or dollars.
You should list those who bought bitcoin at $ 20,000 and now they have lost 50% of their assets.

not safe fully like save from crime , but in bitcoin i can safe my money without inflation. my money always has increase value when you use  bitcoin to invesment in the future. bitcoin different with fiat money, fiat money has inflation maybe its one of problem why people want and come to bitcoin then make investment with bitcoin

Good question, Bitcoin is certainly a safe haven for storing money, but this security also depends on you.  :)

In a thing, there is what we cal pros and cons. It is indeed true that Bitcoin is a safe haven for your money. Because it is a cryptocurrency, it is easy to keep, record, and it will also boom in the future. However, there are certain circumstances that one should be wary. For instance, putting all your money in one place especially in Bitcoin is a big no. Technology is not only a tool to help people but to damage them.

You sounded as if, if there is war today internet will still remain and you are very much aware that Bitcoin cannot be transferred to second person without the use of the internet. We pray there should not be war any where in the world and I don't see Bitcoin as a safe heaven for now but let see what will happen in time to come.

Depends on the person who's holding bitcoin because it must be him that will look into his investment whether it's a safe haven for him. But if he thinks that it's not then it's not but if he thinks that it is, then it is. Safe haven in a way when a war triggered and all of the damages will be done in different assets that we have, real estate and traditional investments that we have will also be affected.

its a safe heaven for me. the internet is the future of many things including the money. the said that there is no historical data that BTC will be considered a reliable safe haven asset but didn't BTC started with few cents before it goes up to $8 right now? it even spiked up to $20k to some markets.

you can't think of any assets that started out with few cents and goes up more than 5000x over the years non stop. they interview the wrong person here.

In my own personal opinion, bitcoin is really a safe haven asset for your money because it is one of the best ways to store your money and making it as an investment that it could give you a good profit in the long term, but there are still risk in storing your money in bitcoin that you should know first that it could go down if bitcoin's price is also going down.

That's the first question I asked upon seeing OP's post, and I'm not clicking on that link because of that.  Glad I'm not alone in being annoyed by these threads that are basically just links.  It's a valid topic of discussion, but anyone starting a thread like this ought to start up a discussion with their own views.

Anyway, there's no way I would ever consider bitcoin a safe vehicle to hold money in if I were saving it for the future (as in a retirement fund).  The obvious reason for that is because of its volatility, which is what determines whether any asset is a safe one or not.  I've seen bitcoin drop 20% or more over the course of less than a week, and I'm pretty sure it's had even wilder rides than that.  Safe haven assets are those that are relatively stable and ideally at least beat the effects of inflation--like gold & silver are supposed to do.

These people here who are just saying "yeah, bitcoin is good safe haven" aren't really thinking about it IMO.

For me, bitcoin is not totally a safe haven for my money because of its own high volatility. We may gain huge profits from investing in bitcoin but it will be gone also in just a blink of an eye. It's good to invest just a partial amount of your money in bitcoin as long as you can afford it to lose.

if bitcoin is used as a safe place for money then i think it could be possible at this time but someday the price of bitcoin will definitely collapse when there are cases that make many people no longer believe in bitcoin and it is called investment risk or risk when storing at bitcoin,

by the way, the opportunity to save money in bitcoin is very good because with a very limited supply while demand is increasing from year to year will have a good influence on the price will definitely increase and when you save your money in bitcoin it can give a lot of profit.

If you will ask many people they will say it is a safe heaven for them but for me bitcoin is not safe heaven. There are only two safe heaven for me and it is gold and the real estate. I called it safe heaven because I can guarantee that my money will not be vanished. Bitcoin has unpredictable movement and it is the reason why my view to it isa high risk investment.

It's undeniable that the risk was always there on every investments, but we shouldn't generalized it by having mindset on bitcoin all alone. Fiat investments also had this kind of risk, though it involves physical business but we didn't have assurance on how long a business will remain productive. Due to competition, every established figure on a business firms could be feasible on having bankruptcy. Bitcoin is only good for one shoot of an opportunity, and after that you need an diversion of your profit to find other ways to earn a better income.

Yeah I think Bitcoin could serves as a safe haven but not all the time. Based on study what I have read even the gold itself that is commonly used as a safe haven has not performed as good as always and that would be the same as for Bitcoin. There are some person whose see saw it as a safe haven especially if those person are willing to take the risk but if not then I guess gold will pretty much better for you.

Some major institutions will say yes about bitcoin as a safe heaven investment where they are saying thay they can make profit by just holding it. All of investment have different level of risks and bitcoin is not a safeheaven for me because of its fluctuations. I see bitcoin as investment where I can make money in short period of time. I'm a day trader and there are always opportunity to make profit in the market.

every day you fight with the market. different from investors who hold in the long run. I guess the bitcoin paradise is just a figure of speech and an expectation, because the possibility is clear for the future that no one knows, of course if we can wait in the long run, it's likely to get big profits.

Investment platforms could really serve as a safe haven for currencies when time comes such as recession happens. But to consider gold and bitcoin, if people see the value out of it, it is the time they could consider it as a tool to store their money into. But in my opinion, Bitcoin being safe haven isn't really the best possible idea to consider, because of its market volatility and its nature of being a digital currency, it doesn't really have any intrinsic value. One possible big hack event could possibly make the market compromised so I stand still with Gold as a better safe haven for our funds.

In my point of view, Bitcoin is not a safe haven for my money because buying Bitcoin is like making an investment. You might lose money if the price drops or lost everything if your wallet is hacked.

No, Bitcoin is a safe haven for your money. For the person that you know how to deal with it, how to make money with Bitcoin. When the correct time to buy and sell this is for short term business but in long term business, I don't think so because bitcoin is high volatility it is high risk if you dont Know how to handle your money possibility loss. I don't think that is safe haven.

Another Click bait thread for his own video.

Anyways, Bitcoin is not Safe Haven for your money. If mass adoption takes place which might take another decade then we may think about being a safe haven as we will be able to spend it worldwide for anything. Right now its only a risky investment with a brighter future.

Bitcoin is not a safe haven because of the fluctuating price, so we cannot say that it is safe for your money. When someone wants to invest his money in bitcoin, he must know that investing in bitcoin will have risk, and that risk is about the changing of the bitcoin price that will always happen every day. When people don't know about the risk behind bitcoin, then they should be careful because, in the bitcoin journey, they will see the price will be up and down. If they want to use bitcoin as the investment, then before they invest their money in bitcoin, they need to learn about the risk, so they don't surprise with what happen to bitcoin later.

I don't know why anyone would think that Bitcoin is a safe haven. Bitcoin is good investment but it's risky and because of volatility there is always possibility that you lose money, especialy on short term.
Bitcoin is not some kind of savings account where your money will be kept safe, if you think that then Bitcoin isn't the right choice for you.

in my opinion bitcoin is not a safe place to save money. but bitcoin has become the most profitable investment tool than other investments such as stocks or mutual funds. so if we want to invest, bitcoin will be the best choice. but if we want to save wealth or money then it's better in gold, land or property. These three types of investments are safe because the prices do not fluctuate and tend to increase.

Bitcoin is an alternative choice if the other safe haven assets is difficult to get, there are a list of safe haven assets that might be a better choice i.e gold, yen or franc swiss.

Bitcoin volatile price become a frightening specter for investors who have just been involved in cryptocurrency investments, but the value is impossible to become a zero because it's fundamental supply and demands.

Hence it's a safe haven for anything at all. You place your money in bitcoin and you put it in more risk that keeping it in fiat especially if you don't have any clear idea about what you're getting yourself into. If you're thinking about the current financial system failing and that bitcoin is where you can convert to, you also would need to consider the risks of such venture. It's more likely that your money's value will fall before what you're expecting in the financial market happens.

I think that if I store Bitcoin in the next 5 years, the value of the coins I spent will be more likely to generate profits than losses.  I myself have experienced how fast Bitcoin has grown in the past.  Based on analysis and evaluation, the value of Bitcoin will soon reach a new record high.  I strongly believe in Bitcoin.

This is just in my opinion, investing with Bitcoin is indeed very safe and very profitable in the future, but only for people who really understand cryptocurrency and Blockchain methods, maybe this is not recommended for beginners to invest in Bitcoin because investing in Bitcoin is very risky high for beginners but if a beginner wants to invest in buying Bitcoin, it must be accompanied by friends or relatives who you truly trust and also understand about cryptocurrency.

Long term? Yes.
If you look at Bitcoin historic chart, the price has done pretty well in 10 years. Some insane returns. But it is equally volatile. But at the same time , it is free from any kind of centralized control and hence, hyperinflation is not possible because of bad policy decision. So it will be better to make long term investments in Bitcoin with the money you will not need within few years. It should be extra money you would want to grow.

If you pair up among bitcoin and gold of course it will be far to happen although it is depend on our opinion. Because the safe heaven itself is depend on ourself opinion as well. According me, safe heave is something like you can reach the target as you wanted. Like when you have target profit example $20000 for investing in bitcoin then when the price of bitcoin has reached that price I will say bitcoin is safe heaven. It doesn't matter how long its price will be reached by bitcoin. How do you see gold? Is it because of its shape or maybe because of something rare? I think no, you will see gold in its price. So, bitcoin is on proccess to be safe heaven place although it will need some decade but it will happen in my opinion.

So far its a safe haven for money. Of course we cannot deny to get worried or not confident about it but I guess its all about taking risks. We must be wise to how much we keep for it and well its really a trend nowadays. There are no assurance to safety but we just trust the process. Monitoring and constant checking is helpful to keep us updated of the possible outcomes.

All investment is risky, it is really up to us how we will consider it as safe haven. If we will focus on watching up and down or by knowing that someday mass adoption will happen and we are lucky to be a early adoptors,that will soon to be benefitted on it. We should not worry too much on bear market, just find ways to earn on it.

As traders are in a constant fear of losing their assets, so in a traditional way investing in a safe haven is one that offer less risk, in other way in which price constantly rises. Surely at the present time, Bitcoin is a safe haven as its price is increasing. Beside that it offers you an assured safety, but it is the safest and secure form of currency. The risk factor in this market is not unique, risk is involved in every type of business.

The risk element is always present in the bitcoin as it does in the other investments too. But some smart and calculated move make will give profit easily. As the bitcoin is a virtual thing so it depends totally on how people think about it and how much did they trust bitcoin. For the last decade, people have shown enough trust in it and lots of people are joining to the list. There is very high chance that the value gets higher day by day( even the bitcoin algorithm is designed in such a way). But it happened in the past that a sudden bad news about the bitcoin affects the bitcoin market heavily, at such time a holder should keep his confidence and patience.

It all depends on how much of your money is in Bitcoin. I like Bitcoin but would not bank all of my investment portfolios in it, although I earn my salary in Bitcoin. I prefer that we keep a basket of diversified assets, as this would limit risk and is the most sensible thing to do, as the price of Bitcoin is pretty volatile. We need to exercise wisdom and caution when thinking about parking our hard-earned money in any asset class, and Bitcoin is no exception. Everything we do in this life is not risk-free, so we just have to weigh the pros and cons and act accordingly.

I disagree with this.

Many knows that Bitcoin is very volatile and is more volatile than the stock market. There are no investments that is considered "Safe Haven" since all of them have risk. It will depend on the investor if how  much money he can risk in his investments. There are no safe haven investments so to answer your question "Is Bitcoin a Safe Haven". My answer is no. Bitcoin can give you huge profits in the short run compare to other investments like stocks and bonds but at the same time, it can give you huge losses too if the price of Bitcoin goes down very hard or your positioning is bad.

Safe haven is anything that can save your money in tough market situations. For fiat that can be hyperinflation. Bitcoin is itself a really volatile currency. If you had invested in 2017, then 2018 and 2019 price figures didn't increase the value of your money. But had you invested in 2018, then 2019 and 2020 returns would have made sense. So, not an even returns. I won't call Bitcoin a safe haven if it isn't for very long term investment. It is more of a trading asset good for short term gains.

the best part is that bitcoin does not face any policy pressure to continue to grow, and fluctuations can still be monitored comfortably. The most important thing is how bitcoin outperforms fiat in this matter. Speaking of safe haven, the priority is to remain for the long term, so bitcoin is the best alternative as a digital asset that can be accessed anywhere without having to engage with institutions and the interests of the country's economic sovereignty.

There will always be a risks when money is involved and since crypto is a digital money, it is riskier because scammers are everywhere. Market is unpredictable but if you study every information and learn how to invest or buy safely you can really earn but it still depends on the project and on the market's condition. It may be a long term profit but it is worth it if you risk your money in a good and planned way. Bitcoin is really a safe haven for your money because bitcoin is a good investment that you can earn with your knowledge to be used. Years have passed and still there are people who really believes on what they are doing is really worth it in the future. Do not lose hope and keep on supporting and making money with cryptocurrency. Patience is the answer to your everyday question why market is still not rising up.

for me its a YES,safe heaven for my "Extra" money not the totality ,this is how i treat Bitcoin investing mate,putting all my extra money and let the others for my family and besides all my investments here are also for their future. i am just preparing their assets in the adoption of crypto currency in the whole world.
all the investments place needs assessments and study first before putting Money lol,because if you invests without learning everything inside then you are just wasting your money.

Why not keep half gold coins and half bitcoin? No matter the direction of the market bear or bull you can adapt to the situation and turn a profit. It is better keeping gold then fiat since fiat depreciates in value over time and gold does the opposite. If you keep gold coins you can sell small amounts of gold for fiat when you need fiat. Otherwise, if bitcoin is doing particularly well you can do the opposite.

Double clickbait  ::). It is better to be more focused, OP explains the important points of the article and video, so that we can more easily carry out discussions and if there are things that need to be understood then include the link. That's more polite I think.
I also could not take the main points of the article and had to open the video for more detailed information. But it seems that I can understand the meaning a bit, so I'm just saying that Bitcoin is a high risk, so nothing is really safe, we have to be prepared to face all risks, theft, hacking, fraud, etc.

Thanks for saving my time dude ;D. Actually I'm about to open the link already but I suddenly decide to see the last few comments first. But you what, I agree to you. Crypto can never be a safe haven for money savers out there because this market is so volatile. Who would try to save money on such thing? No one of course! Investing to crypto is a risky game, it's either you gain or you lose. If you just want to make your money retain its value then go to the conventional way — the piggy bank; or you can make a savings account :).

Bitcoin has many more advantages if we compare it to FIAT money. Bitcoin's value is increasing with time, it has blockchain (decentralized databases around the world) backed by algorithms via computers, and not just politicians like FIAT money! Bitcoin has transparency, FIAT money it doesn't have it!

This is a no-brainer. Any investment can be a safe haven only during the time of its hype and the craze surrounding it. After everyone shifts their attention into something else, the status of the said investment being a safe haven expires, and the value of it will soon crumble and fall. The article does not describe the intricacies of what a safe haven should be, and alluded only to the thought that bitcoin is the best place to put your money at, period.

Would be lovely to see an unbiased article for once, highlighting the cons and not the pros because the internet has already had enough of that.

Bitcoin is indeed a really good investment and it is a safe haven for your money. But as you have said, it is still depending on the situation but that situation may be a bad season only for bitcoin because since the prices are volatile, meaning it is changing as time passes by, there are times that the price is pumping but there are times also that the price are dumping. There are investments that are long term in which you are depositing your money into a particular project and the time of earning is not too fast for you because you need to wait for a particular season in which that project must have high volume in the market and especially it has a big value in the market.

There is no one safe haven for your money. If you want to be a successful investor, diversification is important so that you can survive all economic conditions. Most billionaires have a plethora of investments in their portfolios including businesses, stocks, real estate, art, oil, precious metals, and crypto.

Judging from the price movement I would say that it is quite good, I will give it about 50% to 60% safe? ::)
But, it is not everyone that will be able to have that level of patience, there are people that gave up along the line and especially now that Bitcoin price is high some people wouldn’t like to be taking that risk.

Everything has been going fine since the last decade, but what about the next? Do you even know if it’s still going to be the same? If you can invest and have that level of patience of waiting for a really long time, then it’s good and if you’re lucky there might be a bull run within a short after you have invested and the price would go up.

Agree, bitcoin has been identified as a place to invest money and when we become an investor, there is no safe place when we bet on something, Bitcoin is even more dangerous than other investment places, when we invest in stocks and real estate, we will at least have clear sources of information and artifacts. While investing in bitcoin is only a virtual currency and is not monitored by the government, information can be leaked and corrected, fraud can occur, the only benefit is a profit beyond imagination

Crypto currency is one or the most secured platform because no one control or owned this and also it has a good security because all of the transaction happens are encrypted and this is good for having a secured investment and wallet. One of the common thing why does the people say that the crypto is not secured because of the hackers, but still, only professional hackers can do that sometimes the mistake why does the wallet being hack is our fault too like browsing into the unsecured website and using third party application to our device by this the hackers can steal our information and trace our ip address that may cause of hacking. Always be conscious about the security of our devices even the wallet is secured.

You are right for this, but you should have be carefull also when you have bitcoin. I don't say bitcoin is not safe heaven, but you need to look arround espcially your government regulation. Bitcoin price could be fall in price if all government in around the world try to ban it and your will gone. It would be possible if bitcoin price back to zero value if all government do that but I'm not expected it. But in this situation where there are many countries who still accept bitcoin I'm sure bitcoin is really deserve to say as a good investment place. But I still doubt to say that bitcoin is safe heaven place because there many consideration to say it.

Well it actually depends upon the fact when are you investing and how much are you investing if you are investing a lot at the wrong time then I would strongly suggest against it because most of the times the Bitcoins , they go down really easy and people have to either encash at a lower point or either wait for a long long time .
If you are comfortable with waiting then ofcourse you can do it whenever you want but if it goes against your financial situations then you should understand and study about the market and then Make a right decision.

bitcoin is dcentralized and there are also decentralized wallets   .

 youll  choose those so that you can assure that you have a full controll in your coins and your accounts security  .  but bieng online is not safe  .  you better secure your coins on a offline decentralized wallet or hardware wallet . i still dont know if you can still hacked but the only threat is how you handle your harware wallet because there are natural accidents where your wallet can be in dangered  .

Each and every asset out there is volatile. If you want to go for a stable asset, then you need to invest in treasury bonds. Everything else, including gold, real estate, stocks and even antiques are volatile. But the level of volatility vary from one asset to another. Cryptocurrencies are a bit more volatile compared to the others, because the market has not matured yet. On top of that, the daily trade volumes are quite high when compared to the total market capitalizations. For assets such as gold, the daily trade volumes are less than 1% of the total market cap, and this keeps the volatility in check. But with Bitcoin and the other cryptocurrencies, it is not possible.

According to the Book of "A Random Walk on Wall Street" diversification is usually a very interesting topic, the bad thing is that the book is from the year 1970 and although its advice is excellent, the economic reality is very different, by that time, the Bonds was a safe way of investment, but after the 2008 crisis where they mostly say that the fault was with the banks, they claim that another crash will occur again. Given this, for now the best diversification lies in Real Estate, Gold and Bitcoin, they are the best options in terms of diversification, and in terms of more ease of handling bitcoin influences as the best option.

In fact, he had a pretty good idea about bitcoin in the future. what he said was completely grounded. The beginning signs for WW3 between the US and Iran have made gold and bitcoin simultaneously grow. And even more praiseworthy, the capitalization of bitcoin has actually increased and bitcoin dominance has increased dramatically over the past few days. it shows that there are new investors here and willing to buy bitcoin. If this continues in the long run, I believe the crowd will soon accept bitcoin as digital gold in the future. And then we will have 2 options to retain our fiat money. :D

Bitcoin is a good investment, but I wouldn’t call it a safe haven because there are risks and you can lose your money at any time. Bitcoin is a volatile investment, though it has proven to be quite good on a long term, depending on when you invested. Those that got in at the lowest price usually make good returns after they have Hodl for very long time.

It takes proper analysis to predict when the price would be at the low and you get in and hold till it increases. If you’re looking for safe Investments you should be looking at gold, silver, lands. Land is a good asset, and I do invest in it and where I live they are worth really big when you sell them after a while. Was definitely worth the investment.

Just to clear things out, Bitcoin is a digital currency and is more of an investment due to its 'active' market value. If it is safe haven, go for bank accounts because in such way you won't lose money unlike in Bitcoin wherein there are changes in its market value from time to time which serves as a risk unless you are using Bitcoin to earn profit someday as its market value is growing. A 'safe haven' is meant for securing something, meaning there are no risks of 'losing' it.

For me personally, i do not see bitcoin as a safe haven for my money. I see bitcoin as a long term investment option for my money.

While i recognize stable coin like usdt or tusd as safe haven though for short terms

It seems to me that bitcoin is government resistant because the more government try to ban it, the more popularity bitcoin gain, and if government want to control it, then better for bitcoin, because that is just another level of attention bitcoin could get from government and it will keep thriving in a positive way for holders, with or without governments.

Hell yes, cryptocurrency is never safe to store your life savings. It is only safe if you use the proper cryptocurrency exchange. Not every exchange is safe and reliable. I recommend to use one of the most well-known exchanges like for example Kraken or CoinDeal. The second one even has the VQF Swiss License. Another thing is the way you store your coins... The best way is to store them in the hardware wallet. Then you can feel safe, but as I've said there before - it's not the best way of storing life savings.

From a security point of view for Bitcoin funds, the cold wallet is always recommended, the Exchanges are also safe in some ways, there will always be vulnerabilities, for the issue in general, cryptocurrencies or bitcoin in this case it turns out to be Very safe at the moment in countries with high inflation and with everything that has triggered in China by the epidemic makes people rely more on Bitcoin as a safe haven.

Absolutely no, we all knew the risk in investing in cryptocurrency so we cannot called it safe haven when we invest in bitcoin. Though I fully believe in bitcoin and that it will become mainstream in the future, I still think there are risk on investing on it. There is still a chance that bitcoin will not do good in the future. But if I will to choose, bitcoin or altcoins then obviously I will go with bitcoin. As per investing in cryptocurrency bitcoin is the safe haven and not an altcoins or stablecoins.

The user on the above comment didn't even mentioned about storing his Bitcoin on an exchange, and the issue/concern in the topic isn't about the security of the exchanges but the security of your money invested in crypto space generally.


No investment is safe specially if you don't know what kind of investment/market you're into. It's never wise if you avoid investing in Bitcoin as well.  ;)

Actually we can say that bitcoin is really a safe haven for those people who wants to invest money on a long term process in which it is very good for those person who are already open minded to earn profit in a long term investments so they can called it an safe haven for their money otherwise it is not good for those people who wants to have a short time money investment because this bitcoin is for those people who really wants to earn on a long term process and for their future also.

Bitcoin may be a safe haven, it is a good place for money, but it is risky and have drawbacks. Bitcoin has been a good benefit to every enthusiasts throughout the years it is existed, however, its volatility makes it a risky move to store and invest money with. Also, due to the fact that it a product of modern technology, where misconduct of using illegally acquired information has been bombarding all over social media, it is prone to hijacking of personal information. Nonetheless, Bitcoin is a safe haven but not yet the best.

Short-term thinking or long-term thinking, bitcoin is still a safe haven because the main trend of bitcoin is still a positive state and going up very often, so if we invest in the short term or the long run, we still have plenty of opportunities to exit the market without too much risk but this is only temporary safety when the statistics provide such a view. The nature of bitcoin is still tilted toward investment, instead of a place to store money, many potential risks can still occur over time, we should limit the storage here to ensure safety

Its definitely a safe haven when the alternative is the bolivar or the petro. One is the fiat with the world's worst inflation and the other is a "crypto" so centralized it makes ripple look tame, also managed by the very same people that induced the hyperinflation and are giving it the treatment. Sure some people are (somehow) simply getting US dollars or Euros, and the gov now wants to tax them 25%, so its back to "parallel" market fees again... Yes they also want to tax that to bitcoin and anything else non petro. Its their "way" of stimulating petro use, by intimidation or force (yet another reason to dislike gov made altcoins). Some people seem to forget it was their own gov that made and control their fiat in the first place...

Bitcoin and others are instant. Getting foreign currency? Not so much. Storing them in a cold wallet (a paper with seed words) is far safer than using a bank that can be seized by the gov at any time, because they can and they have the guns and you don't.

Of course this also means you have to be careful using or exchanging Bitcoin, as those are the weak points which is not truly bitcoin's fault but the fact that not everyone is a directly accepting it yet. If people here used bitcoins the way they are now using foreign currencies, a new world would open. But people are hard to change.

The choice of investing is individual decisions and we have time and again heard cries from people about missing out on investing on bitcoin when the price was really low and even after the last rally the market gave plenty of opportunity for anyone who wants to invest in the market and even then if someone is not able to make a wise decision to invest in bitcoin, then it is better for them to stay out rather than going at it when the market peaks and then cry out that they lost their money when the market goes down.

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@ OP You cannot consider any financial market as a safe heaven as you never know what will happen and so is the case with bitcoin.

I believe that a safe depository for my money can only be that valuable product that is valued not only at the moment, but will always be valued due to its relevance and its valuable properties.  Perhaps my words will provoke indignation among users of cryptocurrencies, but First of all, we are talking about gold, as a noble metal that has been valued throughout the life of mankind, and during the development of civilization it is valued even more due to its physical properties, which are used in various areas of human activity,  including in high technology and in the space industry.  Nevertheless, Bitcoin for me today is a very valuable investment, because I am confident in the prospects of cryptocurrency in the future, and especially in bitcoin.  Nevertheless, I slightly separate these two concepts, because profitable investments and the safe storage of my funds have really different concepts for me.

Just like any unstable situation in the world affects the price of the dollar, it will also affect the price of bitcoin. A person is looking for an opportunity to save their money in such a period of time and, accordingly, at this time, the demand for bitcoin increases, which leads to an increase in its value.

Even if the value of bitcoin keeps increasing, i'll still believe that bitcoin won't be a safe haven for my money. There is always risks in it and you don't have any guarantee that if you put your money in it, you will reap  good returns all the time. It's either you will gain huge amount, or even lose all your money in just a click of an eye. But if you choose long term holding, there are chances that you will make good profits but it takes more patience and understanding of the market for you not to feel depressed since the market can be crashed anytime.

When I got to know bitcoin I still doubted the security of my money, but over time, and I learned a lot and looked for ways to strengthen the security of my money from thieves or frauds, in protecting my important assets, if I think they are really needed in the world technology at the moment, even though there are a lot of fraudulent investment offers out there that are so tempting, it doesn't mean that our money will be safe, but what we have to think about is adding security better than before.

In my opinion, stay away from investment offers that smell like fraud !!

Absolutely for the long term, I would never say short term because if you got caught out in 2018 or even some periods in 2019, you'd be looking at 3000 prices when most people bought then above 10k.

I would still store most of my savings in normal money though. I know my government is shit but they insure my money and yes maybe they can end up like bankrupt but it is a smaller risk than crypto losing it all (to me).

I agree with you. Like it or not, ordinary money behaves much more predictably than BTC.

Here, everyone must make their own decision for themselves. You either go to the Bank and make a Deposit at 3% per annum, or invest in bitcoin yourself, in the hope of earning a larger percentage of profit. But we must remember that bitcoin may not bring you a large income quickly.

Oh it us a nice article in which bitcoin is really a safe haven for our money? I guess it is just a matter on the use of bitcoin in which it may become a safe haven for those people who are investing and like to wait in order to earn a good profit but I think it is not good for those people who are not in patience when it comes in waiting the right time to earn money. Bitcoin and cryptocurrency can be a safe haven if you know how to manipulate and used it but if it is not the. It is not a safe haven for you.

I think it's not a safe idea to store one's money in Bitcoin. Apart from the uncertainty and fluctuations in the crypto industry there is also the rampant cases of wallet hacks. Imagine pilling up your money in a Bitcoin wallet and someone else hacking into it from anywhere in the world that you can't trace. It's heart wrecking.

That depends are you talking about long term or short term? You know that bitcoin is volatile and you can lose your money at any time. But I might consider long term because that has always favoured me. And if you check the Bitcoin price graph you will see that the lowest for every year kept increasing. So that means if you’re able to get the low and invest at that price you will be able to make profit as time goes on.

But, I wont really say that Bitcoin is a safe haven because of its volatile nature, there are other types of investments that are more stable, but that doesn’t make Bitcoin any less good, you just have to be careful and know your level of risk.

I totally agree with you. Without proper bits of knowledge, investing in crypto can be fatal. If you learn to understand the market, you can safely store money and make a profit

You can't store your "money" in Bitcoin. You can buy bitcoin with money. I know what you are trying to say, but it sounded totally wrong. There are cases of wallet hacks, but if you read into those cases, most of them occurs due to users own fault. They either use some random wallet, or doesn't keep their wallet on a safe environment. Your wallet can be hacked if you do not take proper steps to secure your wallet.
I could say the same thing - "Imagine pilling up your money on a brief case and then someone else hijacks your money and leaves. How would you feel?". If you are not safe, even your fiat money can be stolen easily.

That's why cold wallet or offline wallet was created, to further secure your crypto asset from being hacked online.
Those who have been hacked was just being too careless of the fact that everything is susceptible to hacking through the internet. Custodial wallets nowadays have added extra layer of security in 2fa and OTP, I don't see any problem about hacking if you're just be careful with phishing websites and unknown downloads.

I'll talk about my case, for me bitcoin for now is a medium term and short term investment. What I do is buy when the price is low and sell when I think the price is high. and I also do day trade. I do not hold for the long term because I can lose money. there was a time I bought it when the price was $9200 and then the price dropped to $7500. I know now the price has returned to more than $9200. but if I hold for a long time I would have had to keep losses for months, my option was to sell at a loss at that time and I went back to buying and selling again and recovering my money.

I think you misunderstood the OP. Safe Haven investment is something that is expected to go up despite what is happening. Bitcoin as a safe haven is said to give continuous profit in the future. In the video, Campbell Harvey said that there is still not enough proof to say that Bitcoin is a safe haven investment, he even said that Gold itself is not reliable. Though it has the possibility of becoming one, and I also think it has a chance of going there despite the volatility of it.

Basic data analysis shows that optically bitcoin has a very low correlation with safe havens like gold, silver and other valueable metals. It does not mean that bitcoin is a good diversifier or a safe haven. It has been highly volatile over the past two years and is subject to trading and liquidity risks which are not normally attributed with safe havens.

that is a one view, and other view is that it is not correlated with currencies and safe havens, so that it could be used for diversification of portfolio, there is a correlation chart available, and BTC is uncorrelated with most investment vehicles, which is basically a great thing for diversification

Well if you have been in the crypto community for such long time then you would probably think it as safe haven for any fiat the fact what experience you've been through despite of ups and down you have no doubt to store your money from it. I am no expert myself, but in my years spending here in this community I eventually found what are the capabilities of Bitcoin that is why I do believe that it is a safe haven. I know that this will not be enough to convince everyone but I would just say that you should explore it yourself and take the risk yourself.

It's a safe haven for me if you are going to do a long term investment on it considering that, bitcoin pumps and dumps is unpredictable I could say that it is not going to be a safe haven if you are considering to do a short term investment here. After all, it's not a shortcut way to become a rich person LOL. When you look at the all time chart of the bitcoin you will see that long term investment will be worth it, just think of the law of supply and demand everyday there will be a new user of bitcoin and the bitcoin's supply will be stable at 21M forever, (after all bitcoin has been mined LOL) just thinking of it, I am sure that bitcoin will go to the moon after a year or so, it's started from nothing, so I am sure the in the future it maybe go x5-x1000 again  :)

lol who told you that?seems like you are just here in Crypto/Bitcointalk to spam and not to trust the crypto currencies right?because if does you will never say this
again who told you that people needs to invest all their money inside crypto?do you really understand what you are saying here?
Invest what you can afford to lose

 this is the proof that you have no understanding in everything you says because in this Part you are contradicting the above words of yours.

When your "normal" money goes from being able to buy one USD with 4ish in 2010, to require 7500000000 today (the same time bitcoin went from 0 to 10k) You will learn how "good" "normal" money is...

What you lack is experience. You have been pampered by your government, thinking they can never do wrong, same as we did, and probably same as every other single hyperinflation in the history of humanity.

"Normal" money can never do wrong, until it does, but then its too late...

I'm the opposite. Even with fluctuations (a sign of freedom), bitcoin is safer because no government can kill it. No idiot bureaucrat can make the dreaded decision to print a little more than usual, or get the country in hopeless debt because their budget doesn't fit anymore. As long as your "normal" money is in the hand of the few, this can happen to you.

If at all possible, now that i'm too poor to even accumulate savings in the first place, i would put most of them into bitcoin. People here go to the other fiats because they don't know better, but i do. Yes they are nice, for now... this "for now" part is the scariest part of fiat money, its a time bomb, and when it detonates, you cannot escape the blast. You will become poor overnight. Governments never announce devaluation, they do it, and then its too late.

Your trust in fiat money should be directly proportional to your trust in your government and politicians. You don't have to trust anybody with Bitcoin, that's the beauty of it.

Could be, depending on the willingness of individual, no matter how volatile btc price is, fluctuating every so often still price never fail to keep rising, although some people still get scared about if btc will continue to be in existence for a very long time, but i think better preserve your money in btc than gold or fiat,
It feels more safer and easier than bank hustle or buying gold in my opinion.