So is Bitcoin a SAFE Asset?

[PsursV]

to me there is no doubt about this that bitcoin is a safest asset and i like my friends to invest their money if they are interesting to make some money in a very very short period of time.

[Wapinter]

I read this article the other day: https://www.cryptocoinsnews.com/bitcoin-safe-asset/

Read it and come back here, let's discuss this question together.

Do u think Bitcoin is a safe asset?

The article defines it this way:

A safe asset is one people go to during uncertain economic times. In normal times, a safe asset is one that people hold despite a low return rate, possibly due to its use as a hedge, or liquidity characteristics.

How do u perceive the Bitcoin?

~CfA~

Going by the defination the article gives to safe asset that you quoted,bitcoin is not just safe but safest asset of this time.when chinese economy slowed down,they started iinvesting in bitcoin.Bitcoin was and is hold in many normal economies

[0day]

I read this article the other day: https://www.cryptocoinsnews.com/bitcoin-safe-asset/

Read it and come back here, let's discuss this question together.

Do u think Bitcoin is a safe asset?

The article defines it this way:

A safe asset is one people go to during uncertain economic times. In normal times, a safe asset is one that people hold despite a low return rate, possibly due to its use as a hedge, or liquidity characteristics.

How do u perceive the Bitcoin?

~CfA~

Going by the defination the article gives to safe asset that you quoted,bitcoin is not just safe but safest asset of this time.when chinese economy slowed down,they started iinvesting in bitcoin.Bitcoin was and is hold in many normal economies

Oh! that is why the Chinese love bitcoin and want it more in their country and maybe in the coming future their government give it a place in its kingdom for the state affairs, I think bitcoin will rise every nation, we should have to trust on bitcoin and have to invest in there freely without any fear.

[abugseuf]

I read this article the other day: https://www.cryptocoinsnews.com/bitcoin-safe-asset/

Read it and come back here, let's discuss this question together.

Do u think Bitcoin is a safe asset?

The article defines it this way:

A safe asset is one people go to during uncertain economic times. In normal times, a safe asset is one that people hold despite a low return rate, possibly due to its use as a hedge, or liquidity characteristics.

How do u perceive the Bitcoin?

~CfA~

Going by the defination the article gives to safe asset that you quoted,bitcoin is not just safe but safest asset of this time.when chinese economy slowed down,they started iinvesting in bitcoin.Bitcoin was and is hold in many normal economies

Oh! that is why the Chinese love bitcoin and want it more in their country and maybe in the coming future their government give it a place in its kingdom for the state affairs, I think bitcoin will rise every nation, we should have to trust on bitcoin and have to invest in there freely without any fear.

i think not only chines the japanees the indian and the pakistani also so muchsure about it that bitcoin is a safe asset and that is the reason that we have invested our all assets in bitcoin. i thin it will be really helpful in future.

[Strongkored]

yes i have fully trust on bitcoin and i can say that bitcoin is a SAFE asset.  and that is the reason that i have invested all my assets here in bitcoin. one of my friends sold his house to invest in bitcoin.

I think bitcoin is a safe investment when the "safe" here is theft, hacking. But if the "safe" here is the price I think bitcoin is not safe, because we know the price of bitcoin is still volatile and sometimes difficult to predict. And this is of course jeopardize your investment when bitcoin prices decline significantly. I think bitcoin is more suitable for long-term investment. And I think the safest investment right now is gold, although gold was little slow growth. Just my opinion thank you.

[densuj]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

[shinratensei_]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Yeah, that's right because a having a lot of disadvantages like the price is volatile. and we always see in every place or section, the people is making a big deal with their prediction and really sure about their prediction. keep believing in our self.

[data1]

yes bitcoin is a safe asset. with the acess to xpub key we have control on our bitcoin so it makes bitcoin safe asset

[Yakamoto]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Yeah, that's right because a having a lot of disadvantages like the price is volatile. and we always see in every place or section, the people is making a big deal with their prediction and really sure about their prediction. keep believing in our self.

Everyone makes a big deal and wants to show they're really really sure that their prediction is accurate because they want to tell everyone that they were right one time in the past and thus everyone should listen to them, regardless of whether or not their prediction was the first to be accurate after a dozen failed predictions. Just assume the market will keep moving, and it should be fine.

[btcdiggingmaster]

Yes bitcoin is the safest assest as far as i know, because bitcoin is biggest assest right now in market, many and many people are keep changing their mind and attracting to bitcoins, day by day many countries are including these bitcoin as one of the payment method.BTC

[zodin]

Yes bitcoin is the safest assest as far as i know, because bitcoin is biggest assest right now in market, many and many people are keep changing their mind and attracting to bitcoins, day by day many countries are including these bitcoin as one of the payment method.BTC

yes that is the reason that we have full trust on bitcoin. and we have put all over investment in bitcoin. i am experiencing it for last few months but i never found anything suspicious in bitcoin.

[Yutikas_11920]

to me there is no doubt about this that bitcoin is a safest asset and i like my friends to invest their money if they are interesting to make some money in a very very short period of time.

Agree, that doubt will surely bring ugliness to our success. I also have thoughts and beliefs that bitcoin is an advantage for us in the future and will become a very profitable assets compared to other currencies. It just takes time and that we can wait

[gentlemand]

No. I don't believe that in the slightest. Bitcoin is a speculative plaything and a luxury curio.

If your local currency collapsed and it looked like you weren't going to be able to buy food a la Greece or Venezuela you're going to be scrabbling for dollars or euros, not something that one person in ten thousand on the street has the slightest understanding of.

For more generalised worries I don't believe it's reactive to real world events in any way other than inspiration for a fun pump carried out by the same people every single time.

And anyone who thinks Bitcoin's position at the top of the crypto heap is secured is dangerously naive. It's going to need another 5-10 years before anyone can be sure about anything. In the meantime there's going to be ever more competition.

[densuj]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Yeah, that's right because a having a lot of disadvantages like the price is volatile. and we always see in every place or section, the people is making a big deal with their prediction and really sure about their prediction. keep believing in our self.

Everyone makes a big deal and wants to show they're really really sure that their prediction is accurate because they want to tell everyone that they were right one time in the past and thus everyone should listen to them, regardless of whether or not their prediction was the first to be accurate after a dozen failed predictions. Just assume the market will keep moving, and it should be fine.

Yeah... And many people who make Investment just following opinions (not real news) another people without, management of margin and risk, analysis tecnical (don't understand about weakness of analysis tecnical), rules of entry and exit market, psicology trading. They just think click buy, click sell then become rich people of trading.

[GreenBits]

No. I don't believe that in the slightest. Bitcoin is a speculative plaything and a luxury curio.

If your local currency collapsed and it looked like you weren't going to be able to buy food a la Greece or Venezuela you're going to be scrabbling for dollars or euros, not something that one person in ten thousand on the street has the slightest understanding of.

For more generalised worries I don't believe it's reactive to real world events in any way other than inspiration for a fun pump carried out by the same people every single time.

And anyone who thinks Bitcoin's position at the top of the crypto heap is secured is dangerously naive. It's going to need another 5-10 years before anyone can be sure about anything. In the meantime there's going to be ever more competition.

Amen. I love the ambition on the forum, for the future of btc, but guys around here have very high expectations/hopes. Fiat rules this world, and it takes fiat to survive. In many years, bitcoin may still be around and most likely will have risen in value, but bitcoin is still, after all these years, 'too new'. People invest money in things that are truly safe. Like, I have worked for this money my entire life and will self destruct if I lose it safe.

[PokerFace3]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

[Cresciuanto]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

if you want to lead a peaceful life in this world you must have to trust on some people or things. it is not possible to live living having no trust on anyone. so if we talk about bitcoin to me it is a safest assest. because i am using it for a long time and still i have not found even misundderstanding about bitcoin.

[crairezx20]

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

if you want to lead a peaceful life in this world you must have to trust on some people or things. it is not possible to live living having no trust on anyone. so if we talk about bitcoin to me it is a safest assest. because i am using it for a long time and still i have not found even misundderstanding about bitcoin.

I think you are wrong i dont trust any people here because i dont know you or everyone here.. someone can be scam.. better to dont trust them

Always use escrow.. if you go first and send bitcoin to unknown or non reputative members here you can be scam and never recover your bitcoins..
Unlike paypal if you deal to some one you can reverse the payment.

[zodin]

as up to know i never feel any misunderstanding or any illegal activity about bitcoin so i can say that yes it is so safe to keep ones all assets. bitcoin is growing stronger from time to time and people are investing their assets here.

[Cuidler]

Well it is true that nothing can be considered a safe asset.

Very true. Everything has risks associated, and even though I like Bitcoin and Im holding some of my wealth in Bitcoin, it is very risky asset. The Bitcoin valuation can be pretty much anything in medium term, like few years. Thats why I reccommending everyone to keep only small fraction of their wealth in Bitcoin, and it doesnt matter whether it is long term investment (as it is impossible to predict future price, even roughly) or just wallet used for spending purposes where the Bitcoin valuation can change some days by a lot like +- 25% per day.