I just discover possible reason why btc is safe heaven

[claire_lovely]

BTC has been one of the best performing investments with returns of 600x over a 10 year period, it's very likely that price action will continue upwards for a while.

I do think that it can be thought of as a safe haven both as an investment and for security purposes. In Venezuela people have mentioned that the government was able to seize their gold and physical assets, but not their BTC.

[1715557164]

1715557164

[henmark]

The price is already above $11,000 right now, although it doesn’t mean it won’t go down, since that’s not much, but at the same time there is still the chance that the price can continue going up from there. I have been holding my bitcoins for a long time now and I know one thing for sure that it will go up in future, even if the price should crash, there is more chances of going up in the future.

The problem some people are having is because they are always hoping for the price to go from $1 to $100,000 in a day, they are looking for quick money, but it doesn’t work that way. It can take months, depending on when you invested for you to make a good profit from it. I tell people that if they can’t have that kind of patience, then it’s best they look for something else.

[grabpopcorn536]

I appreciate your support for bitcoin. With Tether rising from a few hundred million dollars to 15 billion dollars today, I have a strong belief that money is flowing into the crypto market faster than ever. As the financial stimulus continues to roll out Bitcoin will be bought more by people especially companies.
Can we reasonably explain why Bitcoin is increasing in price? I'm just speculating.

[jrrsparkles]

What if the price went down $1000 in the next year and another thousand dollars in the consequtive years? You didn't tell us the real reason why you consider it as safe heaven.

[shamimal93]

Bitcoin prices fluctuate all the time.  Because it is never fixed. If you want to invest in Bitcoin, you can invest at any time.  Bitcoin has been at a point for some time now.  It is limited to 10 to 12 thousand. So if you believe in Bitcoin, then buy Bitcoin.  One day or another, its price will go up.  I have repeatedly said that it is better not to invest in Bitcoin in the short term.  Because it has more chances of loss than profit.  If you have a long-term investment plan, buy and hold Bitcoin.  I think now is a good time to buy bitcoin.

[robertjack]

Bitcoin is an option for calling for a new global monetary system. Because it is too small and volatile, it isn't a safe haven or a store of value yes. a 10 percent regular changes is not unusual. its network value, after all, is less than 3 percent of the gold market cap.

[imstillthebest]

 your phrase is confusing but i figured out what your trying to say . your saying that btc can go down or can go up and down but in the end btc will still go up and remain stable on there .

 your right with that and that is what im saying whenever there is a debate or is someone questions the abillity of btc . you arent the first to discover this but theres a thread on here before that talks the same and he said that btc is also a safe haven .

 it is really a safe haven but there still iliterate people that dont get it  .

[Debonaire217]

your phrase is confusing but i figured out what your trying to say . your saying that btc can go down or can go up and down but in the end btc will still go up and remain stable on there .

 your right with that and that is what im saying whenever there is a debate or is someone questions the abillity of btc . you arent the first to discover this but theres a thread on here before that talks the same and he said that btc is also a safe haven .

 it is really a safe haven but there still iliterate people that dont get it  .

Pehaps, he have noticed the importance of scarcity and miners to this point of conclusion that BTC is a safe haven (Correction, not heaven). The truth is, we are seeing the price fluctuates from stable to high and high to low stable, and any other patterns but the IMO, Bitcoin's future doesn't depend on its price, if you could see its market capitalization, our next target is trillion dollar market cap which means that Bitcoin has already established a huge market adoption that many people are already into it. The basic laws of economics are simple, more demand of a product/services means higher price. Added the scarcity of bitcoin, low Supply + High Demand = + Value.

[wack slacker]

Bitcoin has a very good buying zone, and the price increase of bitcoin has been predicted. Currently, bitcoin's block rewards are halving, the hash rate is increasing, companies are actively buying bitcoins, the number of bitcoins on exchanges is falling, Bitcoin has been stable above $ 10k for days in a row. ... the reasons above are great for a bullish bitcoin scenario.

[Hamphser]

What you are saying makes no sense whatsoever op. You are simply speculating on the future value of BTC based on historical data which is something that most crypto enthusiasts do on a regular basis.

This doesn't mean that their speculations are accurate or anything. The same applies to you obviously. Stop assuming things since this makes you seem like a gullible newbie.

The truth is that assets like BTC etc are not completely safe and the past hacks etc are proof of that. You need to secure your assets properly through 2FA, hardware wallets etc.

This thread doesnt really contribute or just really a simple prediction one on where we can make on our own when it comes on predicting prices.Of course it can shoot up from 12k or more than
and can possibly dip down below 10k or lower.This had been always the typical move of bitcoin and what matter most here is that majority is aiming for long term aspect.
Also it isnt really that ideal to treat bitcoin as a safe haven because everything can blow you out on least expected.Only invest on the amount that you can afford to lose.

[MWesterweele]

The price is already above $11,000 right now, although it doesn’t mean it won’t go down, since that’s not much, but at the same time there is still the chance that the price can continue going up from there. I have been holding my bitcoins for a long time now and I know one thing for sure that it will go up in future, even if the price should crash, there is more chances of going up in the future.

The problem some people are having is because they are always hoping for the price to go from $1 to $100,000 in a day, they are looking for quick money, but it doesn’t work that way. It can take months, depending on when you invested for you to make a good profit from it. I tell people that if they can’t have that kind of patience, then it’s best they look for something else.

As of now bitcoin price of $11,000 was a safe heaven to think of but we cant assure that this value may take so long because we can't tell when this price would take dumped off or much better if it going up. Fluctuations of price may happened anytime in the market and it depends upon the supply and demand of cryptocurrency. Cryptocurrency value varies anytime, unpredictable and you are the one who can control your lose be careful enough and have patience.

[traderethereum]

you have created so many topics all over the forum,are you really doing this for the sake of finding knowledge?
Sorry just curious because i have been seeing you in all section almost with existing or new thread created.

It can be true about every strong asset in the world in long term, isn't it?

That is if you really understand what OP means,because i find it hard to understand.
though Bitcoin is really safe heaven if you are willing to Hold longer than what other expected.

maybe what the OP meant was, holding bitcoin would be better and safer than other cryptos. when someone holds bitcoin, never sell by cutting losses, because bitcoin will definitely go up again and soon give the holder a big profit. what is clear, bitcoin never promises profit to anyone who holds it, but when compared to other cryptos, I also prefer to stick with bitcoin. "safe heaven"? may also

I will agree if holding bitcoin would be better than the altcoin because when bitcoin moves, the altcoin will go behind bitcoin, so that means, if bitcoin goes down, the altcoin will go down, and sometimes, the drop of the altcoin will be deep.
And if bitcoin can rise, the altcoin will need more time to increase.
So if you hold bitcoin and not sell in the downtrend, but you buy back bitcoin, you will have a chance to sell at a high price.
But I don't think that bitcoin is safe heaven because we know that the price has fluctuated, and the price can moves to any price without notice.
But people can say bitcoin is a safe haven for them, including what the @OP want to say, but there will be people who don't call bitcoin as a safe haven, and they prefer to say that gold is the safe haven for them.

[Pamadar]

The price is already above $11,000 right now, although it doesn’t mean it won’t go down, since that’s not much, but at the same time there is still the chance that the price can continue going up from there. I have been holding my bitcoins for a long time now and I know one thing for sure that it will go up in future, even if the price should crash, there is more chances of going up in the future.

The problem some people are having is because they are always hoping for the price to go from $1 to $100,000 in a day, they are looking for quick money, but it doesn’t work that way. It can take months, depending on when you invested for you to make a good profit from it. I tell people that if they can’t have that kind of patience, then it’s best they look for something else.

As of now bitcoin price of $11,000 was a safe heaven to think of but we cant assure that this value may take so long because we can't tell when this price would take dumped off or much better if it going up. Fluctuations of price may happened anytime in the market and it depends upon the supply and demand of cryptocurrency. Cryptocurrency value varies anytime, unpredictable and you are the one who can control your lose be careful enough and have patience.

There's no assurance after all. Lots of factors that can affect how the value will proceed, we can all assess and speculate, it depends how you trust the system in order for you to say that it can be a safe haven for your investment.
Never to expect sure thing to happened, there's none while the type of nature coming from this venue of investment are very unpredictable, lots of fluctuations and sways,.

[dificanovi]

yes, many people also say bitcoin is a safe place to invest because bitcoin prices are stable and always above $ 10k in recent months, in my opinion there is a big possibility that bitcoin prices will be more expensive in the next few months.  I am sure that if the Corona Virus can be eradicated in the near future, then the economies of all countries will recover and after that the price of bitcoin will rise even higher.

[dificanovi]

yes, many people also say bitcoin is a safe place to invest because bitcoin prices are stable and always above $ 10k in recent months, in my opinion there is a big possibility that bitcoin prices will be more expensive in the next few months.  I am sure that if the Corona Virus can be eradicated in the near future, then the economies of all countries will recover and after that the price of bitcoin will go higher because bitcoin buyers are increasing.

[Reid]

Then what if it stayed at 10k and never fell again to 7k?
Worse, it suddenly pumped to 15k.

Regrets. That is the one thing you will feel.
But, if you did take the risk it may fall below 7k but all you need to do is wait since there is always a larger possibility for it to go back up.

[acdc]

Bitcoin is not a safe place for everyone's assets, bitcoin is a place where people invest with great risk and desire to reap a return.
If people who ever bought bitcoin when its price is close to $ 20,000 hear someone say that bitcoin is a safe asset, I think they'll go mad.

[worldofcoins]

You won't lose your money until you sell all your coins. You can not become rich in days. You have to apply the highly patient if you want to make more money.
Bitcoin has enough power and potential to convert your investment into high profit.
There are chances for bitcoin to increase up to 15k. The most possible lower price will be 9k since it's stable from July.

[ekeh]

Bitcoin is a decentralized currency that has a prospect in future, which many people know about, and many companies are implement bitcoin as means of payment and purchasing goods and online booking.