Bitcoin is a “safe haven asset”

[Ayers]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

[Charles-Tim]

Bitcoin is a volatile asset, but in short term. If you want to hold bitcoin for a long time and not selling, it is a store of value. Bitcoin price has proven that up to now.

Bitcoin is superior to gold because its total supply is limited and not more than 21 million in total. But gold is still superior because it is the asset with the largest marketcap in the world.

[Rruchi man]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

The economy in most countries is quite unpleasant at the moment and has become very worrying for citizens, many companies and even private business are folding up because their profit has heavily been affected and reduced and they can no longer sustain the high cost of running the business hence the choice to shutdown. Bitcoin provides a way out, an opportunity, a safe haven for people to make investment in something that is not affected by their economy and government.

As things toughen up, many people who never like bitcoin are coming to the realization the importance and relevance bitcoin has.

[stompix]

Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

Let's go by one definition:

A safe haven asset is one which is expected to maintain or increase in value during periods of economic uncertainty and market turbulence

A quick look back how Bitcoin performed during the high inflation period in 2022-23 and it's nowhere near the definition.
If you have the market cycles Bitcoin has had till now, you can consider it anything but safe asset, it does work if you spread the definition to long-term 4-8 year cycles, but if you go by that then pretty much every company in the stock exchange is qualifying like one. CocaCola is the leading safe asset in the world, with continuous growth for a century by that metric!

Let's go over more, without the heaven part:

Safe assets are assets which, in and of themselves, do not carry a high risk of loss across all types of market cycles.
Safe assets refer to low-risk assets that can weather market volatility
an asset that pays off a fixed amount with absolute certainty at some future date
A safe asset is defined as any debt asset that promises a fixed amount of money in the future with virtually no default risk

Not fitting in any of them!

Bitcoin is a good investment, it does provide returns over long period, it is safe, but simple it simply doesn't fit the definition, calling it such a thing right now is just wrong!
20 years from now on  asvolatility will be probably one fraction of it, when adoption and liquidity will make swings based on some Twitter noise close to impossible, sure but it's just far away from it at this point..

[Eternad]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Bitcoin is too volatile to be called as safe haven asset but if the plan is long term then possibly right as long as there’s no interest being paid to the bank like what Microstrategy experience before during bearish market.

The company that said such statement show same positive remark on Bitcoin last 2020 which is the year when the previous bull run start. Possibly, they are heavily invested on Bitcoin since the last bullrun that’s why they said that statement to hype Bitcoin.

Source: https://www.coindesk.com/business/2020/11/30/investment-giant-alliancebernstein-now-says-bitcoin-has-role-in-investors-portfolios/

Bitcoin is the safest crypto assets in the market because it’s real decentralized and no one can manipulate the price but due to its volatile nature I’m not sure if Bitcoin can be categorized as safe haven.

[mindrust]

Tbh I don’t know what is fully safe anymore. Gold and bitcoin are as safe as you can get but even these assets have their weaknesses. Alphabet (google) lost 10% of its market cap recently. This is very alarming imo. If the conflict between Israel and Palestine spreads, we may see very wild moves in the markets. This reminds me of the covid drop which we had in 2020. These might be the last days of capitalism. We are only 6 years away from 2030. By 2030, we will not own anything they say. Maybe they will accomplish it successfully. A nuke here, a nuke there and suddenly everybody becomes as obedient as a sheep.

[Sim_card]

Since the creation of bitcoin it has been doing well in price due to the volatile nature. It is safe to invest in bitcoin for a long time and you will be having a good profit compare to that of gold. But this doesn't make it a safe haven, because we don't know the fate of bitcoin in future but gold has been in existence for a very long time which anyone that invest in gold can beat his chest and say in the next 50yrs, I will make good amount from my gold investment because gold is recognized world wide and is acceptable as an alternative payment method. This is why gold is a safe haven but bitcoin, we are still looking forward to see if it can be called a safe haven but not yet.

[puloweh555]

Bitcoin is the safest crypto assets in the market because it’s real decentralized and no one can manipulate the price but due to its volatile nature I’m not sure if Bitcoin can be categorized as safe haven.

Yeah, I'm not sure either. Safe haven aims to secure assets with minimal risk. The goal is to secure the value of his assets, not increase his wealth. In essence, the value of his past and present assets is the same or only slightly reduced. So I think gold is still the best choice to save assets from decreasing value. Correct me if I'm wrong

Bitcoin is indeed a safe haven for "now". The reason is because of the fact that the price of gold over the last 5 years has risen only around 60%, while Bitcoin in the last 5 years has risen around 350%, in the last 20 years the price of gold has risen around 431%, while Bitcoin in the last 10 years has risen around 22,250%, so you can concluded that Bitcoin is better than gold.

But remember, no system is 100% safe. Gold tends to be stable, because it is a clear, multifunctional asset, many people still use gold as a safe haven. Even though the decline will not be extreme like Bitcoin and vice versa. But don't just think about safe havens, you should also consider the risks.

[philipma1957]

Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

Let's go by one definition:

A safe haven asset is one which is expected to maintain or increase in value during periods of economic uncertainty and market turbulence

A quick look back how Bitcoin performed during the high inflation period in 2022-23 and it's nowhere near the definition.
If you have the market cycles Bitcoin has had till now, you can consider it anything but safe asset, it does work if you spread the definition to long-term 4-8 year cycles, but if you go by that then pretty much every company in the stock exchange is qualifying like one. CocaCola is the leading safe asset in the world, with continuous growth for a century by that metric!

Let's go over more, without the heaven part:

Safe assets are assets which, in and of themselves, do not carry a high risk of loss across all types of market cycles.
Safe assets refer to low-risk assets that can weather market volatility
an asset that pays off a fixed amount with absolute certainty at some future date
A safe asset is defined as any debt asset that promises a fixed amount of money in the future with virtually no default risk

Not fitting in any of them!

Bitcoin is a good investment, it does provide returns over long period, it is safe, but simple it simply doesn't fit the definition, calling it such a thing right now is just wrong!
20 years from now on  asvolatility will be probably one fraction of it, when adoption and liquidity will make swings based on some Twitter noise close to impossible, sure but it's just far away from it at this point..

So dark bro.

btw using 2022 to 2023 to say it was bad for inflation is not as good as using 2021 to 2023 to say it was bad for inflation.

here is why BTC low for 2021 was about 28 k in June btc high in 2023 is about 35k  I would argue

it kind of matched inflation using the worst  2021 number and the best 2023 number.

while btc was 15.5k in nov 2022 and got to 35k in 2023 which smokes inflation.

[bitzizzix]

“Trust” is a complicated word, and its meaning is different for everyone. I can only answer this question when I start to believe and understand Bitcoin and if talking in the long term I consider that Bitcoin is a safe asset and can store value and that has been proven.
And if I had to choose gold or Bitcoin, I would choose Bitcoin. Because it has been predicted and confirmed that the long-term increase in Bitcoin prices will be much higher than gold and is very safe and comfortable, I think so.

[lombok]

Bitcoin is high risk for someone who doesn't understand investment (newbies without investment knowledge), but for someone or a professional who understands Bitcoin is the best safe haven investment. The long-term growth value is very impressive and 100x superior to any type of investment that has ever existed. Many even say that Bitcoin is better than gold in the investment return performance category.

In the long term, Bitcoin is still the king of investments.

[stompix]

So dark bro.

btw using 2022 to 2023 to say it was bad for inflation is not as good as using 2021 to 2023 to say it was bad for inflation.
here is why BTC low for 2021 was about 28 k in June btc high in 2023 is about 35k  I would argue
it kind of matched inflation using the worst  2021 number and the best 2023 number.
while btc was 15.5k in nov 2022 and got to 35k in 2023 which smokes inflation.

It's dark but it is what it is!
Inflation was not a problem till February 2021, it was in the ~1% range, Bitcoin touched 50k as inflation kept creeping, Bitcoin reached the last ATH as we had 5% inflation, then it went down with every month or higher, and higher inflation, the worst months of inflation saw also Bitcoin price going down from 40k to 20k.
We're bouncing now back in times of lower inflation, again under 3% as the previous run,  33% from the peak in June, so if anything, Bitcoins get better returns with lower inflation than higher!

In the month with the highest inflation recorded, we also had Bitcoin drop from 30 to 20k, safe heaven asset not so much!

while btc was 15.5k in nov 2022 and got to 35k in 2023 which smokes inflation.

Yes, but you're looking at a period when inflation is coming down.
So rather than BTC smoking anything you might think of money coming in BTC because the high inflation period is over and growth is resuming once the fear is over.

[HONDACD125]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

Bitcoin is still a volatile asset, but we can not consider it a high risk asset. I think one of the reasons why people call it a high-risk asset is that it can give you good returns, but investing at the wrong time can also cause more losses. When its price can drop from $67k to $15k, people will definitely think of this fear while investing. However, it is definitely safe in terms of investment, If one has the patience to hold on and can wait.

I think Alliance Bernstein's position is absolutely right. Bitcoin may be more attractive than gold ,because its profits are much higher than gold. Therefore many people prefer Bitcoin investment over gold. It would be wrong to call Bitcoin a risky investment, and of course saying so would be disturbing for those investing in Bitcoin. There are certain risks involved in every investment, it would be wrong to associate the risks only with Bitcoin.

[avikz]

Bitcoin is not a safe heaven asset. It is super volatile and it can go to any direction at any point of time. Safe heaven assets are usually stable in nature and gives you capital protection. For example gold can be considered as a safe heaven asset because of less volatility and past returns.

If you want capital protection and piece of mind invest in Gold and not in Bitcoin. You can definitely invest in Bitcoin to get good returns but you need to remember that Bitcoin can show you losses as well.

[Lorence.xD]

Bitcoin is high risk for someone who doesn't understand investment (newbies without investment knowledge), but for someone or a professional who understands Bitcoin is the best safe haven investment. The long-term growth value is very impressive and 100x superior to any type of investment that has ever existed. Many even say that Bitcoin is better than gold in the investment return performance category.

In the long term, Bitcoin is still the king of investments.

Well, I agree with your statement, however, Bitcoin's nature is volatility, where the value of the market could go increase or go fall, so there's still a risk involved even if you have knowledge, which we all can agree, so in short Bitcoin being called safe haven it's more like the first thing comes to my mind is like the analyzation of data, and you could still get liquidated, meaning it's not stable. But if we were talking about long term investment, then for sure this is literally the safest haven for people especially the rich one, as they just simply invest and their money grows in a period of time. If we're gonna compare Bitcoin to Gold in which is the safer haven, of course mostly it's the stable one where you won't get stress and would expect profits as well in years, especially now Gold is in demand.

[Hamza2424]

What a topic title, I would say Bitcoin is life. At least in my case my biggest exploration so far is Bitcoin, and I expect more in the coming time. I've learned most of the finance from this form and in my financial planning Bitcoin holds a major role to play, I'm preparing myself in multi-dimension to test myself with Bitcoin and my financial strategies.

I'm hoping for promising outcomes, and I'm pretty confident about it as well, before getting married I have some decent goals to achieve and all this will be possible with Bitcoin (InsAllah with Allah's blessing).

[Mr.right85]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

Backing that with the amount of Bitcoin the company holds would have been a great means to back up there statement.

I have no doubt Bitcoin is a safe haven when compared with other cryptocurrencies but,comparing it to gold, gold to have existed through centuries, backed by government and serves as foreign reserves for both firms, countries and individuals, I don't know what I would say with Bitcoin still having a decade on its shoulders.

I see Bitcoin to be an asset of real value but, I would like to keep it out of this comparison. Its volatile nature doesn't really fit in for a safe haven, does it? Although, there are chances you might get more or less value for holdings depending on when you choose to withdraw.

[Ultegra134]

Hmm, although I understand your point, I don't think it's quite true. Bitcoin is still a volatile asset and an extremely unpredictable one as well. For instance, Blackrock could ultimately reject Bitcoin's ETF listing and send it into a downward spiral. However, I understand that your opinion stems from the idea that, so far, it keeps recovering and cannot be a simple coincidence. That's true, but there isn't enough statistical data to make assumptions for the distant future.

I deem Bitcoin a relatively stable and safe investment, something similar to the S&P 500 index, which has been showing an increasing trend over the last two decades. Does that make it a safe haven? Probably not, and it's exactly how I feel about Bitcoin too. Just because both the S&P 500 index and Bitcoin have been showing an increase in value over the course of the years, it doesn't necessarily mean that this pattern will always follow.

[nakamura12]

I don't think Bitcoin is a safe haven asset if you ask me and it is up to you on how you keep your Bitcoin safe plus it is also volatile. I am sure you have heard or read somewhere where a person lost some BTC because of some hackers or from scammers. Well, if you compare BTC to other crypto about their security well my answer is BTC but it isn't fully secured asset. If I choose then I would choose BTC since it is more secured compared to other crypto.

[bhadz]

In terms of investing in the crypto market, Bitcoin is no doubt a safe haven compared to any other cryptocurrencies. But if we're going to compare that with any other assets, we can't remove the fact that Bitcoin has always been volatile and that's not going to change. Anyway, IMO, my understanding tells me that it actually is and those traditional assets that we have can also be volatile as they can be just as Bitcoin. Because they're also moving just like how it moves together with the trend in the global economy.

[MinoRaiola]

What do you think about this and should we stop calling bitcoin a risky investment?

Bitcoin is secure, cannot be fake like cash, is recorded in three blockchains for ever and does not lose value, 1 Bitcoin = 1 Bitcoin. The value in dollars or euros is of course different and always will be. In terms of cash, which is usually just paper, I would prefer Bitcoin because it is safer for me.

[mvdheuvel1983]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

I find this quite amusing. Imagine we had waited for traditional companies like you call it to admit and call bitcoin a safe heaven. We wouldn't be were we are find now. The thing I like about the set of strong believers in bitcoin is that we take the bull by the horn. We need no bullshit validation for any asset manager, broker, government official or whoever. All I see them coming out right now to say nice stuff about bitcoin because they want to ride on it success. Its years of resilience and grit against the forces that wished to see it die. They should all keep their lofty opinions about bitcoin to themselves.

[bbigtart]

What do you think about this and should we stop calling bitcoin a risky investment?

Bitcoin is secure, cannot be fake like cash, is recorded in three blockchains for ever and does not lose value, 1 Bitcoin = 1 Bitcoin. The value in dollars or euros is of course different and always will be. In terms of cash, which is usually just paper, I would prefer Bitcoin because it is safer for me.

Yes that's right. Bitcoin is safe for safe haven because bitcoin cannot be counterfeited, this is very different from fiat or gold which can be counterfeited. So it's not surprising that now people are turning to Bitcoin instead of gold for safe haven, besides because it seems we are heading towards a global recession.

In fact the government and banks have already made it clear that they will devalue the currency to fight the coming recession. Bitcoin is one obvious place to put money. Gold will also perform well. One will do better than the other, those who remain in cash will lose out.

[Jating]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

It might be true, but still though, bitcoin is very much a volatile asset and it's hard to consider it as a safe haven. Maybe it has become one of the alternatives like like what we witnessed in the pandemic. But for me it doesn't mean it the best asset though if you look at it because the price moves in manner that we really don't anticipate. And old and traditional fart doesn't like that and they will still stick to Gold.

So it's really up to the individual on how they define safe haven. Maybe AllianceBernstein has it's own narrative from behind why they are saying this. Maybe they have a lot of clients who are into bitcoin and obviously they want to attract more with this kind of statements and then reassuring their already clientele.

[kawetsriyanto]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset.

It is true that Bitcoin is a high risk investment due to its high volatility. The price easily changes because of the current issues or news. It can drop or increase significantly when there is a big issue/news related to Bitcoin itself or the crypto as a whole. It is the real nature of Bitcoin and people view it as a high risk investment is in the right way. What's wrong with this?

I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset.

How can Bitcoin no longer be a risky asset? is the high volatility in Bitcoin gone? 
Bitcoin nature has no change, it remains a high risk asset with a high volatility. If we change the concept, it means we deny the fact.

Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

AllianceBernstein is free to say anything about Bitcoin. It is okay if he thinks Bitcoin is a safe heaven asset. But it is his own perception only, it doesn't reflects the reality of Bitcoin. He may consider it is a safe heaven asset because he knows well Bitcoin price cycle. And he doesn't invest for a long time, he may target to take profits every 4 years. But it is actually not really safe, we don't know that Bitcoin will have the same scheme in each 4 years cycle. No guarantee the same cycle to return in the future!!

[Baofeng]

As per the definition of:

What Is a Safe Haven?
A safe haven is a type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns.

https://www.investopedia.com/terms/s/safe-haven.asp

It just so happen though that during the coronavirus scare, we are in the block halving period and so it seems that bitcoin is a safe haven as the price continue to soar despite what is going on in the background as far as the world goes, i.e. lockdown.

However, we should also understand that it is volatile, so as per definition it supposedly or expected to retain it's value or increase. But last year, we have seen the lowest low at $15,500 so it might not fit the definition per se, just saying.

[Hyphen(-)]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

I think only people who do not know the concept of bitcoin, its transparency, and it decentralized nature will consider it a highly risky investment.

Most times, due to ignorance, people generalized cryptocurrency as a risky investment because Altcoins have been leading people to lose their money due to centralization, but I have never heard someone complain that they lose money due to investing in Bitcoin if they have patience to have waited for long-term, only altcoin investors are complaining and generalizing cryptocurrency as risky investment.

[philipma1957]

“Trust” is a complicated word, and its meaning is different for everyone. I can only answer this question when I start to believe and understand Bitcoin and if talking in the long term I consider that Bitcoin is a safe asset and can store value and that has been proven.
And if I had to choose gold or Bitcoin, I would choose Bitcoin. Because it has been predicted and confirmed that the long-term increase in Bitcoin prices will be much higher than gold and is very safe and comfortable, I think so.

I was on btc since 2012 I became a believer in 2017.

I would have done much better if I believed in btc in 2013.

I do hedge with Silver I have about 14k usd in silver.

[jrrsparkles]

When we are on bullish trend the news says good things about bitcoin but if we are on bearish they will talk upside down so its just an article to cover what is trending today so it shouldn't be given much importance if you are already a bitcoin investor and you may aware that bitcoin produced great returns but we can never say that its highly stable so every asset has their pros and cons while bitcoin too.

If you are going to react to every news that you see about crypto then you will make wrong decisions because there are media influenced by anti bitcoiners aka the government who keep saying its bad while there are also whales trying to pump the price to dump it hard at some point.

[Z-tight]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

Do you think BTC is a safe haven asset only because this company thinks so, Elon Musk and his company Tesla think BTC mining is destructive to the enviroment, but i don't believe them because i can do my own research, so why should i believe BTC is a safe haven asset because one company thinks it is.

BTC is volatile and it does not keep its value for a long time, like gold which is a safe haven asset, if anything, BTC is a 'long term safe haven asset', because in the long term BTC performs better than most assets, but surely BTC is still risky and can lose its value at anytime. BTC is safe in the sense that it is no longer an experiment nor a bubble that can burst, it is now a strong asset that is very useful and here to stay and in the future would be very less volatile.

[Y3shot]

I don't think Bitcoin is risky the way people thinks if only people can be able to hodl bitcoin,  when the mind has already been made up to hodl their is no risk in bitcoin because the investment will surely end to gain good profit.  Bitcoin is only risky to those who just want to make money from bitcoin so fast which people with such plan always end up to sell in panic when the market is not in favour like the way they want it. Bitcoin is a safe haven asset for investor's who truly understands the market and can be able to hodl till the bull market,  but not a safe haven asset to those that want to get rich quick.

[Viscore]

Bitcoin is a volatile asset, but in short term. If you want to hold bitcoin for a long time and not selling, it is a store of value. Bitcoin price has proven that up to now.

Bitcoin is superior to gold because its total supply is limited and not more than 21 million in total. But gold is still superior because it is the asset with the largest marketcap in the world.

Bitcoin is superior and much better to gold, but it is way more risky that I don't find it a safe haven asset. In fact, I find gold as a safe haven asset than bitcoin. However, not because it is not safe haven, then it won't be a reliable investment anymore. Bitcoin investment has its own risk and high volatility but we all know that it's more profitable than gold or any other investment.

[Dr.Bitcoin_Strange]

Yea, I concur with your topic; earlier, I had thought of it and had also made such a statement in a few threads. Speaking for myself, I agree and have experienced that Bitcoin is really a safe heaven. Having invested in Bitcoin, and with the current price surge, I have been able to archive some profits, while some money that I held in Fiat has depreciated in value, and I can't even buy as many goods as I used to due to the high inflation and the currency's depreciation. Due to the volatile nature of Bitcoin, some people don't consider putting in their money, but it's preferably better to hold Bitcoin for a long time than to hold Fiat for a long time, unless it's a Fiat that you just want to use ASAP.

[cheezcarls]

No disrespect but I do not think we could say that BTC is a "safe haven asset" due to its volatility in nature. Maybe gold would be a real safe haven for me, but not that profitable like Bitcoin.

Technically Bitcoin is likely the best choice to do DCA (dollar-cost averaging), the risks are always there as you cannot predict the market very well. There's no way that you can outsmart the crypto market because it is ultimately decided by the buyers and sellers worldwide that you cannot control.

We just have to acknowledge the risks even if it's Bitcoin because either it can make or break depending on the news, trends and unexpected happenings along the way. We always have to be prepared no matter where the market goes.

Even though others could say that Bitcoin is more attractive than gold, it is definitely not an asset that is considered to be "safe haven". We must also learn how to diversify our portfolio too rather than just going all-in with Bitcoin without knowing where it's heading next in the coming days, weeks, months, years, etc.

[Sanitough]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Well, this news is really making its way to find more potential bitcoin investors in the future. However, just because they see bitcoin as a safe haven asset then it's now actually safe to invest.  Of course no. The risks are still there and its high volatility will add more risk on it. If you are just here to invest just because of quick profits, then forget about it. Bitcoin can never provide you on your wish. But if you have the genuine intention to invest because you believe in the future of bitcoin, then you are at the right track and just prove yourself that you are not like any other investors that are just here for quick profits alone.

[panganib999]

They still recognize the risks and challenges that bitcoin could pose to the average trader, but the thing is since bitcoin’s the most consistent out of evety crypto out there when it comes to price action, it’s the most attratcive when it comes to investing. I reckon this is what he meant since he’s also talking about how bitcoin is more attractive than gold.

In any case I agree with both. Bitcoin is good and all, but you can’t just tell people to invest in it, especially those who are not familiar with the way that the crypto world works.

[hatshepsut93]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

This is far from the first time, influential people have praised Bitcoin in the past, often when they were somehow related to dealing with it, like if they company started offering Bitcoin operations or something.

I personally think that Bitcoin is a store of value but not a safe haven. You can't really call it safe if it can drop by 10-20% in price within a few hours. A safe haven is something that nearly guarantees preservation of value, that the value at least won't go down.

[lombok]

Bitcoin is high risk for someone who doesn't understand investment (newbies without investment knowledge), but for someone or a professional who understands Bitcoin is the best safe haven investment. The long-term growth value is very impressive and 100x superior to any type of investment that has ever existed. Many even say that Bitcoin is better than gold in the investment return performance category.

In the long term, Bitcoin is still the king of investments.

Well, I agree with your statement, however, Bitcoin's nature is volatility, where the value of the market could go increase or go fall, so there's still a risk involved even if you have knowledge, which we all can agree, so in short Bitcoin being called safe haven it's more like the first thing comes to my mind is like the analyzation of data, and you could still get liquidated, meaning it's not stable. But if we were talking about long term investment, then for sure this is literally the safest haven for people especially the rich one, as they just simply invest and their money grows in a period of time. If we're gonna compare Bitcoin to Gold in which is the safer haven, of course mostly it's the stable one where you won't get stress and would expect profits as well in years, especially now Gold is in demand.

Therefore, to minimize losses in long and short term investments, it is necessary for us as prospective investors to know a little about technical and fundamental analysis. This needs to be done to find entry points so that we do not take up too much time and make investments more efficient and reduce the risk percentage.

[Darker45]

Just because AllianceBernstein labels Bitcoin as a safe haven asset doesn't mean Bitcoin has no risk anymore. Moreover, this pronouncement doesn't signal a new age in Bitcoin perception. Furthermore, we simply won't change our sentiment just because of whatever AllianceBernstein thinks or says.

Finally, and I don't have to provide proofs or links as this is rather abundant and easy to search, this asset management firm isn't the first traditional company that calls Bitcoin a safe haven asset and superior to gold. AllianceBernstein may not be a latecomer but it's not an early bird either.

[Ayers]

What do you think about this and should we stop calling bitcoin a risky investment?

Bitcoin is secure, cannot be fake like cash, is recorded in three blockchains for ever and does not lose value, 1 Bitcoin = 1 Bitcoin. The value in dollars or euros is of course different and always will be. In terms of cash, which is usually just paper, I would prefer Bitcoin because it is safer for me.

Yes that's right. Bitcoin is safe for safe haven because bitcoin cannot be counterfeited, this is very different from fiat or gold which can be counterfeited. So it's not surprising that now people are turning to Bitcoin instead of gold for safe haven, besides because it seems we are heading towards a global recession.

In fact the government and banks have already made it clear that they will devalue the currency to fight the coming recession. Bitcoin is one obvious place to put money. Gold will also perform well. One will do better than the other, those who remain in cash will lose out.

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

Everyone, the information I provide is from an article, and I want everyone to share their opinion about it, this is not my opinion. For me, I still considered bitcoin a risky investment compared to traditional assets like gold or real estate. Bitcoin is still not a safe haven or an effective money-saving tool, Bitcoin's volatility is only suitable as an investment, IMO. But what's interesting to me is that the claim that bitcoin is superior to gold, that bitcoin is a safe haven, is coming from a traditional company.

[Don Pedro Dinero]

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

I would not worry so much about whether it meets the traditional definition of a safe haven asset because of volatility, but whether it is a good long-term investment vehicle. Yes, it is very volatile today, although volatility will reduce over time, but if we compare it to gold in terms of returns since bitcoin was launched, there is no comparison.

[fuguebtc]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

I think only people who do not know the concept of bitcoin, its transparency, and it decentralized nature will consider it a highly risky investment.

Most times, due to ignorance, people generalized cryptocurrency as a risky investment because Altcoins have been leading people to lose their money due to centralization, but I have never heard someone complain that they lose money due to investing in Bitcoin if they have patience to have waited for long-term, only altcoin investors are complaining and generalizing cryptocurrency as risky investment.

If you compare bitcoin with altcoins, what you say is correct, but if you compare bitcoin with gold or real estate, which is safer? That's what everyone is discussing, no one compares bitcoin to altcoins because altcoins are just trash and have nothing to say.

I think transparency and decentralization are not enough to prove that bitcoin is a risk-free asset. Volatility and lack of worldwide recognition, small market capitalization...all these are enough to indicate that bitcoin is not only risk-free but also high-risk. Bitcoin is still not a safe haven like gold and that is a fact.

[angrybirdy]

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

I would not worry so much about whether it meets the traditional definition of a safe haven asset because of volatility, but whether it is a good long-term investment vehicle. Yes, it is very volatile today, although volatility will reduce over time, but if we compare it to gold in terms of returns since bitcoin was launched, there is no comparison.

Its volatility risk is one of the major factors determining whether Bitcoin is a good investment. The personal decision to invest in Bitcoin comes down to your appetite for risk and your perspective on the future of humanity.
I can consider it as a safe haven asset because it can be converted to cash easily in a bunch of different ways once hitting its all time high value. if history repeats it self, which we have seen multiple times now, Bitcoin tends to reach new all time highs every 4-5 years.

[posi]

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

I would not worry so much about whether it meets the traditional definition of a safe haven asset because of volatility, but whether it is a good long-term investment vehicle. Yes, it is very volatile today, although volatility will reduce over time, but if we compare it to gold in terms of returns since bitcoin was launched, there is no comparison.

Its volatility risk is one of the major factors determining whether Bitcoin is a good investment. The personal decision to invest in Bitcoin comes down to your appetite for risk and your perspective on the future of humanity.
I can consider it as a safe haven asset because it can be converted to cash easily in a bunch of different ways once hitting its all time high value. if history repeats it self, which we have seen multiple times now, Bitcoin tends to reach new all time highs every 4-5 years.

A good investment and good returns, that doesn't mean it's a safe haven. Let's see what gold offers and why people call it a safe haven and not any other asset. You also don't forget that the higher the profit, the higher the risk, no safe asset will bring high returns. And if it is already high risk then how can it be called a safe haven?

You can consider it a safe haven according to your definition but if you rely on common world concepts it is clear that bitcoin is currently not a safe haven. We are talking about the macro level, not the individual level.

[|MINER|]

If you ask me the question then first of all I wanna say that there is no investment for risk is not included. I think that every investment has their own risk from their perspective. If I tell about Bitcoin yes Bitcoin is the most secure and trustable asset but for investment there will be still a risk and that risk has to be faced only when you are going to trade in it.  Because many times it is seen that many traders face losses while doing short term trading in Bitcoin so that means Bitcoin is the most secure but there is also risk here.

[so98nn]

If that entity says it after extensive study then it's good to hear and one kind of achievement towards the "nonbeliever" and one of the blush smile on long Bitcoin believer like us. I am saying this because if we chose to believe in Bitcoin when we entered into its long cycle of madness. That was enough for us, that also through the downturns that we got through different rules and regulations, economic crisis periods such as the current one, and various allegations of big financial institutions going down the sink. We have seen all of it but Bitcoin made nasty moves on all that chaos through time.

Now coming back to its validation let's assume that this is for the peeps who never believed in it. However, anything that has financial risk will always be a risk no matter what it is. Even Gold, Coins, Dimes, or anything that has government backing to private backing will always be an uncalled risk. It's all about how one manages everything.

[KiaKia]

I don't compare bitcoin to been a highly volatile assets, that's a true definition of all other crypto assets apart from Bitcoin, every other coins loses 80 to 90 percent of their value in every bear market, but looking at the past charts of Bitcoin I don't see where Bitcoin retest it's old low price of the last bear markets before, the bottom of 2016 or 2020, it's always higher bottom in terms of value.

The demand is real, as yes price instability is present but mehn I would rather have all my cash in Bitcoin because it's worth it, I know the worth of Bitcoin that's what makes me tool this move, anyone who still doubts don't understand Bitcoin, it's all in the past charts.

Inflation is real, I have saved a ton of devaluation using Bitcoin, because if my money is still in cash now I would have missed a lot of opportunity and also the value of my money will be in mess already, Bitcoin is a safe haven, no one can tell me otherwise.

[darkangel11]

I don't compare bitcoin to been a highly volatile assets, that's a true definition of all other crypto assets apart from Bitcoin, every other coins loses 80 to 90 percent of their value in every bear market, but looking at the past charts of Bitcoin I don't see where Bitcoin retest it's old low price of the last bear markets before, the bottom of 2016 or 2020, it's always higher bottom in terms of value.

Are you saying that bitcoin is so much different because it loses close to 70% in bear markets while other cryptos can lose 90?
It always been higher lows, I agree with that, but a safe haven asset doesn't even lose 50% at any point.
For bitcoin to be a safe haven asset it would have to constantly hold value, or appreciate, pretty much like a downtown apartment in London.

Take the 2017-2021 market. If you bought anywhere between December 2017 and March 2018 you had a bitcoin worth between 10k and 20k.
Between that and May 2019 you couldn't touch it or you'd take a loss. Imagine that in that period you'd have a financial problem, needed to pay hospital bills, had a house fire, a burglary... You wouldn't be able to use your investment to cover that and you'd be able to come ahead in 2019 only if you bought below 13k because if you were unlucky to buy above that price you'd have to wait until the end of 2020 to come ahead, so 3 years of your assets being frozen. 
 
 

The demand is real, as yes price instability is present but mehn I would rather have all my cash in Bitcoin because it's worth it, I know the worth of Bitcoin that's what makes me tool this move, anyone who still doubts don't understand Bitcoin, it's all in the past charts.

Inflation is real, I have saved a ton of devaluation using Bitcoin, because if my money is still in cash now I would have missed a lot of opportunity and also the value of my money will be in mess already, Bitcoin is a safe haven, no one can tell me otherwise.

I would rather have my cash in bitcoin too, which I have, but cash is not investment.
The problem with comparing fiat money to bitcoin is exactly that. Fiat money depreciates with inflation which people often call the inflation tax, so if you can afford to have your assets frozen in an investment, it's better to buy a property, get some gold, bitcoin, maybe even bonds. All of these things come with a freezing period though (like you can't just sell an apartment today if you need money) and bitcoin can experience the longest freezing periods due to its cycles.

As for that last sentence, tell that to people who bought bitcoin for 60k if they feel like its a safe haven asset.
If they bought gold in late 2021 -early 2022 they paid 1.8k/oz now it's 2k so they made 10%. If they bought bitcoin for 68k they lost 50%.

[EarnOnVictor]

What do you think about this and should we stop calling bitcoin a risky investment?

I'm happy you maintained your neutrality on this matter, and mind you, you don't believe everything you see or read, there are many ugly people with thoughts out there that can't even defend what they say, while many of them only react based on emotion and recent gains or losses.

As an experienced trader and investor void of emotion for any asset including Bitcoin, my unbias verdict on Bitcoin remains that it's a Risk-on asset, not a Risk-off asset (Safe-haven).

Aside from the fact that I independently studied Bitcoin, I still studied how it behaves in relation to Risk-off assets, but it failed the test. Nevertheless, it was more than 90% correlated with other risk-on assets. I don't think we need a soothsayer to make the conclusion for us.

[SquirrelJulietGarden]

Take the 2017-2021 market. If you bought anywhere between December 2017 and March 2018 you had a bitcoin worth between 10k and 20k.
Between that and May 2019 you couldn't touch it or you'd take a loss. Imagine that in that period you'd have a financial problem, needed to pay hospital bills, had a house fire, a burglary... You wouldn't be able to use your investment to cover that and you'd be able to come ahead in 2019 only if you bought below 13k because if you were unlucky to buy above that price you'd have to wait until the end of 2020 to come ahead, so 3 years of your assets being frozen. 

Only if Bitcoin does not change its history to make a new all time high with each new halving and four-years cycle. It will continue to give us to correct our mistakes of missing good chances to take profit in a previous cycle. If you miss all time high in 2017- 2018, you had many months to sell Bitcoin with price higher than 2017 and 2018 in 2021 to 2022.

I agree with you about money needed for emergency and by this, I agree that we never should spend all money to buy bitcoin. Most important reason is we might have to use it with a market price at loss.

[bluebit25]

At the present time, I still accept the fact that this market is highly volatile and its scale is still very small, so the investment portfolio with it will be an investment with the goal of generating income. More profit is a safe haven for assets that don't evaporate. It's potential for the future is something I fully acknowledge in terms of its acceptability in every sense, but it's not going to happen anytime soon. Traditional assets like gold have much more liquid bridges and gateways, making it easier for money to flow in and out of stocks, bonds and ETF. Bitcoin doesn't have that framework yet, but such volatility is still an opportunity for many people, including me.

[kotajikikox]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

We cannot blame everyone mate because we have seen its volatility from the past and have also experience winning and losses because of this Behavior so yes we can trust or hate bitcoin depending in our decision and experiences .
but thanks to this team as they seems to be bringing more positivity to the bitcoin community .
 

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

and if this is going to be popular, then I can see more of this traditional investors promote bitcoin in this same trust, leading us to be more compliant and trusting also supporting and investing more to the future.

[DYING_S0UL]

Bitcoin is volatile, and it always will be. I'm not sure how one would define Bitcoin as a safe heaven. Can you guarantee that the price will surge at a specific time? I don't think so. Then how can it be called a safe heaven? It's still highly volatile. Just a few days ago, Cointelegraph accidentally published a false article about the Bitcoin ETF spot approval, and the price had a pump, jumping to 35k$ dollars.

I think gold and silver, like physical assets, can be called safe heavens for assets. The market capital of gold and silver is huge. They aren't as volatile as Bitcoin; they can't be affected easily. Just a mere news was able to affect the Bitcoin market. Do you understand what I mean?

For long-term holders, yes, Bitcoin is indeed a safe asset. One can predict the market price by analyzing the previous year's history. But for the short term, I'm not sure what would happen.

[taufik123]

Bitcoin is volatile, and it always will be. I'm not sure how one would define Bitcoin as a safe heaven. Can you guarantee that the price will surge at a specific time? I don't think so. Then how can it be called a safe heaven? It's still highly volatile. Just a few days ago, Cointelegraph accidentally published a false article about the Bitcoin ETF spot approval, and the price had a pump, jumping to 35k$ dollars.

I think gold and silver, like physical assets, can be called safe heavens for assets. The market capital of gold and silver is huge. They aren't as volatile as Bitcoin; they can't be affected easily. Just a mere news was able to affect the Bitcoin market. Do you understand what I mean?

For long-term holders, yes, Bitcoin is indeed a safe asset. One can predict the market price by analyzing the previous year's history. But for the short term, I'm not sure what would happen.

You are right about that, Bitcoin cannot be categorized as a Safe Haven Asset that will provide asset stability at any time because Bitcoin has high volatility which makes price fluctuations quite drastic.

Price fluctuations can be influenced by various elements ranging from news that continues to be present which makes bitcoin go up and can even drop dramatically which is called FUD.

Gold can be a Safe Haven asset that is not too affected and can be for the long term, but this will take a long time to be able to provide maximum benefits.

Now comparing Bitcoin with Gold as a Safe Haven Asset is not suitable, both have different characteristics.
Bitcoin is suitable for those who want to get an investment that provides faster profits with rapid price fluctuations and of course, there are risks that must be borne.

[m2017]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset.

It's funny to hear this, but just because we stop calling bitcoin a high-risk asset, it doesn't cease to be such. Unfortunately, this is still the case.

Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

This in no way changes the current “nature” of the bitcoin. These are the words of just one person and can't change the current state of affairs.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

I don’t think this is the first time this has happened, because something similar has been voiced before. Is bitcoin superior to gold? In some ways, yes. For example, in profitability, as well as in riskiness due to strong volatility. In my opinion, it is still too early to stop calling the bitcoin a risky investment.

[kryptqnick]

Bitcoin is more volatile than gold, and gold keeps rising in the long run if we look at decades of price dynamics. So I understand that it's more reliable and practical for some purposes, such as a country's reserves, and something that requires stability and can't allow a couple of years with the price 60+% down from the ATH, such as pension funds. But yeah, Bitcoin is showing itself as pretty reliable in the long run, and it's lovely if major investment companies start recognizing that. But what I find concerning is that I see only a handful of not very familiar websites pushing the news about AllianceBernstein and providing zero links to the proof, and I can't find the original source of this info (the memo by AB analysts they are referring to).

[Out of mind]

There was a time in the past when people made such plans and declared Bitcoin as a risky asset. And do we think that Bitcoin is risky to invest in, but currently Bitcoin is safer than all other currencies in the way that the demand for Bitcoin is increasing. Where people are currently investing their money in Bitcoin rather than keeping it in the bank as it offers maximum security to an investor. As the value of Bitcoin has changed and people are more trusting in Bitcoin. I think most of the people are investing in bitcoin now because it is better and safer to invest in bitcoin than investing in everything else.

[uneng]

Bitcoin has shown very positive performance on long run, and has fought inflation efficiently. This is the best investment alternative if you are thinking on holding for few years timeframe. If you hold gold, you will maintain your patrimony's value relatively stable, but if you invest in Bitcoin, you will grow your patrimony into something much more valuable. At least, that is what history shows us and that is what it's still expect to happen on the next bull season, after 2024's Bitcoin halving. The risk is always there, although at this point it's completely valid to take those risks in order to achieve something substantial futurely.

[2Pizza410000BTC]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Bitcoin investment is not risky We ourselves consider this Bitcoin investment risky. For example, if we invest Bitcoin and do not use that investment properly, then Bitcoin becomes very risky for us. Bitcoin is never risky for those who invest and hold it properly. I also once did not trust bitcoin I thought it was high risk but whenever I entered bitcoin and slowly started to know everything here now I think this bitcoin is not risky at all. This Bitcoin investment is very safe and reliable. So we all need to stop calling this bitcoin risky.

[EluguHcman]

Impressive update. Left alone just as earlier said by OP, most persons who invested in past and after on engaged on it with a not 100% confident about the reliability of the the coin Bitcoin but as time goes, just as practically said that practice make an improvement.
So time goes where the industry terms to keep advance to build investors privacies and creating an integrity imagine to the industry on no going contrarily to its system and posture so as it advances to enhance its investors confidents.

I am only impressed that a firm as AllianceBernstein has made a big community relationship and interjection with Bitcoin but not that it triggers me to devote more solid believes in the Bitcoin crypto industry.
If Japan automobile industries would accept the trades and exchanges to fiat currencies in exchange and the big dogs in the World economy like Bills Gate could be part of the investors in the Bitcoin firm then it is a good to go confident and reliable.
However, the potentials to reality according to OPs update is termed to had brought more enlargement to the Bitcoin industry likely to trigger increment on value of the currency with the potentials increase to the values of the currency in the market.
More to come and more increments to add value rate to coins with the potentials to add profitable possibilities to its investors..

[siniminomorocomunisakito]

I don't think Bitcoin is a safe haven asset if you ask me and it is up to you on how you keep your Bitcoin safe plus it is also volatile. I am sure you have heard or read somewhere where a person lost some BTC because of some hackers or from scammers. Well, if you compare BTC to other crypto about their security well my answer is BTC but it isn't fully secured asset. If I choose then I would choose BTC since it is more secured compared to other crypto.

What you say is true and has happened and it is always hotly discussed, regarding the potential value, each individual definitely interprets this with various perceptions, especially in terms of hedging value.

Yes, BTC is safer and the fact is that increasing the price of BTC as it is now as a sign of success leads to greater adoption thereby fostering confidence in the opportunities of investing and encouraging further interest from investors and users except that the development of the value of BTC goes in the opposite direction.

[adultcrypto]

The author is right in this assertion because time have proven that Bitcoin is indeed a safe haven asset. Those who have their assets in fiat have inflation to contend with while those who opted for God did not see the kind of gain Bitcoin have achieved.

It is also on record that no one have lost money in Bitcoin except those who are eager to sell even when the opportunity have not presented itself. So, I will rather keep my money in Bitcoin where I feel it is safe for me than in other instruments where the risks are high.

Many people seems to have realized this as shown by the rising interest in Bitcoin. 

[ChiBitCTy]

As a licensed financial advisor I vehemently disagree with this statement.  Gold is really the ultimate "safe-haven" asset. Now bitcoin may one day become one, but it is certainly not there yet and it may take many years to get to that point.  Now I do think it's a great asset to own, as well as a great investment, but it shouldn't be considered "safe" by any means.

[Gaza13]

If you ask me the question then first of all I wanna say that there is no investment for risk is not included. I think that every investment has their own risk from their perspective. If I tell about Bitcoin yes Bitcoin is the most secure and trustable asset but for investment there will be still a risk and that risk has to be faced only when you are going to trade in it.  Because many times it is seen that many traders face losses while doing short term trading in Bitcoin so that means Bitcoin is the most secure but there is also risk here.

What you mentioned above is true, investing in anything such as shares, gold, crypto and the real estate industry has very diverse risks. We need to know that if we invest in gold, it tends to act as a safe haven or as a protector of the value of an asset because its nature tends to be safe and can even rise regardless of the unstable world economic situation. Bitcoin is much better than gold as a hedge and against inflation by holding the asset for a long time. If you sell or trade in the short term, it has become commonplace because the price of Bitcoin cannot be predicted. Prices tend to fluctuate.

[_BlackStar]

I agree that bitcoin is a long-term hedge/store of value asset. But saying that bitcoin is a safe haven doesn't feel completely true. The volatility of the price can cause someone to make a profit - otherwise they can also make a loss. I wouldn't conclude that bitcoin is a safe haven asset - but I tend to agree that it is a worthy store of value asset to consider.

As a licensed financial advisor I vehemently disagree with this statement.  Gold is really the ultimate "safe-haven" asset. Now bitcoin may one day become one, but it is certainly not there yet and it may take many years to get to that point.  Now I do think it's a great asset to own, as well as a great investment, but it shouldn't be considered "safe" by any means.

Looks like I'm on your side - of course. Bitcoin is a great investment asset - it performs better than gold. To reach something like gold - it's still difficult for bitcoin, especially its marketcap and also its use cases.

[Suzume]

Bitcoin give you the freedom of money. Bitcoin is safest way to make money by investment. The currency sure that if you invest in right time then it will be a profitable investment of your life. Bitcoin is the safest way to make money and its decrease your tensed to lose your money you have invested.

If you are a bitcoin investor you know that long term investment in Bitcoin will give you a huge amount of value assist. The price of Bitcoin is increasing the starts of the currency and their price of it is increasing everyday. If you can hold Bitcoin for a long term investment then it will give you a huge amount of profit that will change your life. You can see this holder who hold Bitcoin from the beginning of the currency they have a huge amount of profit. In my opinion Bitcoin is the safest way to make money.

[arwin100]

If you ask me the question then first of all I wanna say that there is no investment for risk is not included. I think that every investment has their own risk from their perspective. If I tell about Bitcoin yes Bitcoin is the most secure and trustable asset but for investment there will be still a risk and that risk has to be faced only when you are going to trade in it.  Because many times it is seen that many traders face losses while doing short term trading in Bitcoin so that means Bitcoin is the most secure but there is also risk here.

What you mentioned above is true, investing in anything such as shares, gold, crypto and the real estate industry has very diverse risks. We need to know that if we invest in gold, it tends to act as a safe haven or as a protector of the value of an asset because its nature tends to be safe and can even rise regardless of the unstable world economic situation. Bitcoin is much better than gold as a hedge and against inflation by holding the asset for a long time. If you sell or trade in the short term, it has become commonplace because the price of Bitcoin cannot be predicted. Prices tend to fluctuate.

Maybe some find it safe its because they think its reliable investment for them and they just didn't consider the risk since what's more important for some investors is its potential profits that can possibly bring out to each investors that will adopt it. Although its volatile feature adds up some risk that can actually make it hard to understand by other people but once they figure out all things about crypto for sure that they find it cool to invest crypto and try to be part of history while the price of bitcoin is quiet reachable. We can say bitcoin is better than anything else for now since we usually invest it on anything we want, But if we are just open on many things like we are a type of guy which didn't put our investment on one basket for sure gold will be another option that can save us for any future financial problems.

[Luzin]

If you can hold Bitcoin for a long term investment then it will give you a huge amount of profit that will change your life. You can see this holder who hold Bitcoin from the beginning of the currency they have a huge amount of profit. In my opinion Bitcoin is the safest way to make money.

As far as Bitcoin periods are met, Bitcoin is probably the best investment asset beyond Gold. The only difference is that Gold is recognized by the Bitcoin world as not yet or not. But remember how volatile Bitcoin is, sometimes making losses. There is even another slam of fluctuation. Like theft, so even though it's safe there's a lot to understand in order for your Bitcoin to stay in your wallet. In addition, mental restraint and patience are sometimes very difficult to have.

[AHOYBRAUSE]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Bitcoin is BY FAR not a safe haven asset! Why would it be.
There are so many news that can send the price on both directions. Remember when tesla announced the accept btc, it goes up like 10$. Only because of such silly news. And when they stopped accepting and they said they want to sell some btc it went dows.

So how can it be considered safe?
Some whales feel like moving some btc from 1 wallet to another, the price reacts. Btc is as volatile as always in my opinion, especially these days with all the world conflicts and ETF stuff and so on going on.

[pinggoki]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

I'm pretty sure that the people who've been in bitcoin for a long time knows that bitcoin is a high-risk asset even before they get into and that's why it's so popular among people that are into revolutionary technology especially in terms of monetary system, this is the pioneering online asset that started it all. I still think that it's a high-risk asset though because the volatility of bitcoin never changed and just because some random asset management group says that bitcoin is a safe haven doesn't mean that it's not a high-risk anymore but I do agree that it's a safe haven though.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

I guess it's a cause for celebration but I think that there are others that have already said what they've said although they're not a company, shouldn't you count Tesla buying bitcoins and at one time accepting bitcoin as a payment for Tesla as traditional company that admitted to the beauty of bitcoin. I don't think that we should stop calling bitcoin that because any investment is always risky plus what's the point of not calling it a risky investment? It will only paint bitcoin in a light that it looks too good to be true for the newbies because someone just decided that investing in bitcoin is risk-free.

[TimeTeller]

If you can hold Bitcoin for a long term investment then it will give you a huge amount of profit that will change your life. You can see this holder who hold Bitcoin from the beginning of the currency they have a huge amount of profit. In my opinion Bitcoin is the safest way to make money.

As far as Bitcoin periods are met, Bitcoin is probably the best investment asset beyond Gold. The only difference is that Gold is recognized by the Bitcoin world as not yet or not. But remember how volatile Bitcoin is, sometimes making losses. There is even another slam of fluctuation. Like theft, so even though it's safe there's a lot to understand in order for your Bitcoin to stay in your wallet. In addition, mental restraint and patience are sometimes very difficult to have.

Up until now, the high volatility is the reason why many are being attracted in this market.
Sure, we can see very lucrative gains thru the years, but we should look at the picture of holding it.
We can't always say that everyone can make huge profit as it depends on when they will sell it.
As we have different financial circumstances, we can't generalize this to all that we can sell when it is bullish, because some will sell at a loss if there's urgent need for cash.

[Texac]

If you can hold Bitcoin for a long term investment then it will give you a huge amount of profit that will change your life. You can see this holder who hold Bitcoin from the beginning of the currency they have a huge amount of profit. In my opinion Bitcoin is the safest way to make money.

As far as Bitcoin periods are met, Bitcoin is probably the best investment asset beyond Gold. The only difference is that Gold is recognized by the Bitcoin world as not yet or not. But remember how volatile Bitcoin is, sometimes making losses. There is even another slam of fluctuation. Like theft, so even though it's safe there's a lot to understand in order for your Bitcoin to stay in your wallet. In addition, mental restraint and patience are sometimes very difficult to have.

Up until now, the high volatility is the reason why many are being attracted in this market.
Sure, we can see very lucrative gains thru the years, but we should look at the picture of holding it.
We can't always say that everyone can make huge profit as it depends on when they will sell it.
As we have different financial circumstances, we can't generalize this to all that we can sell when it is bullish, because some will sell at a loss if there's urgent need for cash.

After all, bitcoin is just an investment and cryptocurrency is a financial market.  being a financial market means there will be winners and losers, there is no financial market where everyone wins and bitcoin is no exception.  if we want to buy low and sell high, who will sell low to us and who will buy high when we sell.  so, there will always be losers in the market whenever there are winners.  Bitcoin does not generate profits on its own and distribute them equally to everyone, so we should stop having the illusion that bitcoin is risk-free or the safest.

[fullhdpixel]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset.

How is Bitcoin no longer a risky asset? What has changed? Whatever the world or the investors considered before must be considered now as well because Bitcoin is still volatile and volatile assets carry some amount of risk despite being good investments.

Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

No matter how much influence or value an institution or company has, anything they say about Bitcoin doesn't change the facts and realities. Bitcoin might be a good investment and more attractive than gold when it comes to its price movements, but it's not a safer investment than gold.
 

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

Don't stop calling Bitcoin a risky investment or superior to gold. Bitcoin is good, it's definitely safer when compared to altcoins, but if we talk about gold, it's definitely safer and superior than Bitcoin because gold's value doesn't drop as much as Bitcoin and if we look at the history of gold, it has always just got more expensive over time.

[Z-tight]

After all, bitcoin is just an investment and cryptocurrency is a financial market.

This is not true, BTC isn't just an investment as you say, take note that BTC is only used as an investment because the price is volatile, BTC was created as money, a censorship resistant and permissionless money that you can send to anyone anywhere in the world. Because of the volatile nature of BTC, you can buy it now and sell it later for a higher price, but that is not the purpose for which it was created, but it is your keys and you can do as you feel with your coins.

[danadc]

We have seen that older generations classify bitcoin as the most insecure asset of all because it has no backup, but this is a new era, we respect what old economists and financial advisors say, but they must also understand that new era, the new generation is not so attached to the old one, there are things that are better, for some bitcoin is better than gold, I am more of a believer in bitcoin than any other asset and the old folks excuse me, but I do I believe much more in this asset, for me it is not safe, it is the Asset that provides more protection and greater security for the world to invest money, because its trend is always bullish.

[Distinctin]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Bitcoin will always be a risky investment not only because of its volatility, but because the government is still seeing it as a ponzi scheme. I'd rather prefer gold as a safe haven because of its sure appreciating price. But that does not mean that since bitcoin is risky, then it's never capable to provide us maximum profits. Bitcoin is the most expensive investment nowadays, which means you are also bound to get life changing profits once you adopt the right attitude and the perfect strategy to use.

Furthermore, being a safe haven asset does not mean it's free from risk. Of course, all investments have their own risk. And if you are not capable to manage the risk the right way, no matter how we call it safe haven, it will always bring danger to our funds.

[lalabotax]

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

There are several things that most people, especially people who are unfamiliar with Bitcoin, think that Bitcoin is a risky investment. and I think that's not wrong because investing in Bitcoin is still risky. There are several things that make investing in Bitcoin risky. But how big the risk is depends on each of us individually. Bitcoin is volatile, something digital and the risk is not only in the price but when we don't have access to it, we also can't have it anymore.

maybe for those of us who really understand Bitcoin, we can minimize this risk, especially the risk of Bitcoin volatility, namely by using Bitcoin as a long term holding, at least when we buy Bitcoin when it is bearish and then we invest in the hope that we can take profit and get profit during the next bullish era. This is because we have discovered or already understand the cycle.

But for people who don't really understand, they might panic when the price of Bitcoin suddenly drops a few times from its high point, or doesn't match their expectations, when they might have hoped for only a few months or years, it turns out they were too fast or too slow to sell it. . So it will actually make them lose. That's why when we want to invest, we should first understand what we are investing in to minimize risk. and because of that, I myself don't dare say that investing in Bitcoin has zero risks because that would be risky, especially when we explain it to new people.

[The Cryptovator]

Bitcoin is a safe haven for those who believe in financial freedom. As an investor, I don't feel like a safe haven, but as a crypto enthusiast, I feel like a safe haven. You may think it's conflicting, but really not. Because when I invest in Bitcoin, I have to worry about the dump. If something goes wrong, then I will lose my portfolio. So how could I call Bitcoin a safe haven? On the other hand, due to financial freedom, I feel safe storing Bitcoin. Though it is a value dump, we can use it whenever we want. No one can monitor me, and no one can prevent me from using my own funds.

[LogitechMouse]

Re: Bitcoin is a “safe haven asset”

I thought that there is such thing as "safe" asset because all of them have risks, but when I read the definition of "Safe Haven Asset" in Investopedia, this is what it says at one part:

Safe assets can also be referred to as safe havens, offering investors safe investments that preserve capital and withstand high levels of market volatility. Most investors will hold some portion of safe assets as part of a balanced portfolio, and many conservative investors may hold the majority of these assets in their portfolio to ensure capital preservation.

In our portfolio, does Bitcoin took the highest percentage? I mean we are holding Bitcoin instead of altcoins to preserve our capital, and to withstand those market volatility right? We know that Bitcoin is volatile, but over the years, it has been shown that it can withstand it. Some of us here holds Bitcoin, and it's the most one in their portfolio because that lessens the risk compare to when they're holding different altcoins than Bitcoin.

I know, I know that if you will hear that term safe asset, you will disagree on it, but try to look on the definition of it online. Still, I don't consider it as a safe asset though.

[BitDane]

I greatly agree with what @stompix stated on the first page of the thread.  Bitcoin is no where a safe haven due to its high volatility especially when one is looking for such in a short period of time.  As of now Bitcoin is still at a decline considering its ATH way back 2021.  we can never say a safe haven asset that inflicts losses to our investment especially when the person invested when Bitcoin price was higher than the current market price.

Bitcoin is a good investment for long term but saying it is a safe haven asset can be highly refuted due to its high volatility and the market cycle itself.

[Assface16678]

I slightly disagree about the statement, I both trade bitcoin or crypto and gold or forex, and for me both have pros and cons, bitcoin is long term investment while forex or gold is short term there are periods where you can trade gold, or session what they call. While in bitcoin there are not specific date or time where we can trade and earned a lot. So for me both still the safe haven, it depends on people who trades and for me they are both a valuable asset which gives me a lot of profit potential. And I know many also trade in both forex and crypto and I'm sure they also both love crypto and forex, as crypto for long term with a huge potential profit, and forex which a short term and also can offer a huge profit, it will depends on skillful you will trade.

[Ayers]

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

I would not worry so much about whether it meets the traditional definition of a safe haven asset because of volatility, but whether it is a good long-term investment vehicle. Yes, it is very volatile today, although volatility will reduce over time, but if we compare it to gold in terms of returns since bitcoin was launched, there is no comparison.

Yes, bitcoin is a good investment because its returns are superior to other investments. But I think good investment doesn't necessarily mean being considered a safe haven, I think they're different. To become a safe haven, it is necessary to meet many factors such as safety in terms of acceptance, popularity, stability...bitcoin still does not meet all the requirements to become a safe haven. Bitcoin is a high-return but still high-risk investment, so I think there's nothing wrong with people still not considering it a safe haven.

[YUriy1991]

Bitcoin is a volatile asset, but in short term. If you want to hold bitcoin for a long time and not selling, it is a store of value. Bitcoin price has proven that up to now.

Bitcoin is superior to gold because its total supply is limited and not more than 21 million in total. But gold is still superior because it is the asset with the largest marketcap in the world.

It is very appropriate in this case if you say Bitcoin is superior to gold and I personally see that currently Bitcoin is the most talked about of various currencies recently. Well, if we believe in Bitcoin as an asset, we should naturally continue to hold it even though Bitcoin also has an element of volatility about it and it is unlikely to disappear anytime soon but in the long run, BTC maintains its true value.

[JunaidAzizi]

What do you think about this and should we stop calling bitcoin a risky investment?

No, I don't think that this word suits Bitcoin perfectly. If Bitcoin is volatile and risky then how we can say that it's not risky and safe? If you hold it for a long period then up to the extent you can call it safe but we know the price of Bitcoin goes up and down every day so calling it not risky is not suitable. we need to clarify the idea for the newcomers if they hear that Bitcoin is safe and they invest all their money what would happen maybe they lose all of their funds so calling it risky and volatile I think is the best. On the other hand, Bitcoin is superior to gold, the supply of Bitcoin is limited while gold is unlimited having a large market cap but this makes Bitcoin unique and there is a large difference between their prices as well.

[Sebas.tian]

Bitcoin has proven to the whole world by remain the king among other cryptocurrencies, and more safe than gold and other centralized currency that is attracting people to embrace the potential asset so that they will have something suitable to achieve when the price of Bitcoin hit higher. There is no way you can embarked on the risk to invest a huge amount of money on Bitcoin and hold for long term and have something to fear because it will bring out a good results when it is time. I think, Bitcoin still stand as the best coin to invest in this bearish season, because the market price is still suitable for long and short term investors to make a good choice in this season to invest in Bitcoin.

[yazher]

I think in some countries other assets are more vulnerable because of how their governments control them and when you compare it to holding bitcoins, it's more praise-worthy than having a piece of land that you can't use for some reason. I think Bitcoin is a blessing to have right there and anyone can have it as long as they know how to securely keep it and prevent others from dictating when they will need to sell it because the owner has all the free will when he wants to sell it. Also, it is the safest asset to have when you need to migrate from place to place because you could just simply pretend that you don't have anything while you are bringing with you thousands of dollars worth of Bitcoins.

[Minecache]

Bitcoin has proven to the whole world by remain the king among other cryptocurrencies, and more safe than gold and other centralized currency that is attracting people to embrace the potential asset so that they will have something suitable to achieve when the price of Bitcoin hit higher. There is no way you can embarked on the risk to invest a huge amount of money on Bitcoin and hold for long term and have something to fear because it will bring out a good results when it is time. I think, Bitcoin still stand as the best coin to invest in this bearish season, because the market price is still suitable for long and short term investors to make a good choice in this season to invest in Bitcoin.

I agree that bitcoin is the best cryptocurrency, and obviously everyone, even those new to the market, knows it. But if you say bitcoin is safer than gold, I disagree with this statement. Gold is still recognized by the world as a safe haven, while in people's eyes bitcoin is still just a risky asset. So how can we say bitcoin is safer than gold? Bitcoin will provide better returns than gold because of its volatility but will be riskier than gold.

Going back to the OP's question, I think bitcoin cannot yet be considered a safe haven like gold, just because a company claims it doesn't mean they are right. We need worldwide recognition for bitcoin to truly become a safe haven.

[Blitzboy]

I think in some countries other assets are more vulnerable because of how their governments control them and when you compare it to holding bitcoins, it's more praise-worthy than having a piece of land that you can't use for some reason. I think Bitcoin is a blessing to have right there and anyone can have it as long as they know how to securely keep it and prevent others from dictating when they will need to sell it because the owner has all the free will when he wants to sell it. Also, it is the safest asset to have when you need to migrate from place to place because you could just simply pretend that you don't have anything while you are bringing with you thousands of dollars worth of Bitcoins.

Because of government controls, you're saying that traditional assets are, lets be honest, a joke in some places. But Bitcoin gives you freedom that you cant get anywhere else. Its a seductive idea, isnt it? Feeling like no one can touch, change, or force you to give up a treasure. Now thats power. That is command. And its exciting to think that you could have that power, especially when other things you own are taken away by rules and red tape.

And this is where I raise an eyebrow, though. Great power comes with great duty, and yes, Bitcoin might give the impression of complete control, but its also very cruel and wont forgive anything. You are open to attack if you arent very good at protecting your bitcoins. Oh, and the thought of moving with a digital gold chest hidden away? Yes, its smart, but it's also dangerous. How many times have we seen people get too sure of themselves and then lose because of it?

[Texac]

After all, bitcoin is just an investment and cryptocurrency is a financial market.

This is not true, BTC isn't just an investment as you say, take note that BTC is only used as an investment because the price is volatile, BTC was created as money, a censorship resistant and permissionless money that you can send to anyone anywhere in the world. Because of the volatile nature of BTC, you can buy it now and sell it later for a higher price, but that is not the purpose for which it was created, but it is your keys and you can do as you feel with your coins.

Bitcoin has been growing for 14 years now and we all, including you, are here for the profits that bitcoin brings.  you should stop repeating the concept of bitcoin as a currency and payment method to say that it is not an asset, an investment.  don't always take those things out to talk about bitcoin, let's look at what bitcoin has become and is becoming.

Do you use bitcoin as a means of payment on a daily basis?  or will you use the excuse that people haven't accepted it yet, or your government doesn't allow it, so you can't do it?  if you truly see bitcoin as a currency and want it to grow that way, you will fight for it, not just talk and talk.

[Septex]

Bitcoin is definitely a safe haven in cryptocurrencies. It is the best electronic currency in the market. But you can't use it everywhere like gold. In terms of security you can store bitcoins without anyone knowing exactly how much bitcoins you have. But it has some downsides like its price tends to fluctuate but it's not a big deal. If the price goes up you will definitely gain more than all the other assets. But overall I think gold and bitcoin are both reliable

[Luzin]

Going back to the OP's question, I think bitcoin cannot yet be considered a safe haven like gold, just because a company claims it doesn't mean they are right. We need worldwide recognition for bitcoin to truly become a safe haven.

The problem is that currently Bitcoin is only recognized in a few countries, even the world bank IMF has given stern warnings and penalties to countries that dare to legalize Bitcoin as a currency or legal tender. So I totally agree with you, Bitcoin cannot be tied to Safe haven assets at the moment. It is more of an asset that provides the highest return. We'll never know if Bitcoin will go and grow. Because now they are just commodities. At times they may be lost or worthless. So if you say Safe Haven Assets maybe Gold is the best answer.

[Minecache]

Going back to the OP's question, I think bitcoin cannot yet be considered a safe haven like gold, just because a company claims it doesn't mean they are right. We need worldwide recognition for bitcoin to truly become a safe haven.

The problem is that currently Bitcoin is only recognized in a few countries, even the world bank IMF has given stern warnings and penalties to countries that dare to legalize Bitcoin as a currency or legal tender. So I totally agree with you, Bitcoin cannot be tied to Safe haven assets at the moment. It is more of an asset that provides the highest return. We'll never know if Bitcoin will go and grow. Because now they are just commodities. At times they may be lost or worthless. So if you say Safe Haven Assets maybe Gold is the best answer.

As far as I know, safe haven means that the asset not only needs to meet profits but its safety needs to be guaranteed and in this case only gold can meet that requirement. With thousands of years of existence and recognition around the world, along with stability in value, gold is truly a safe haven. As for bitcoin, the asset that brings the highest profit but also has the highest risk, it does not meet the safety level. People just looking at its profitability and assuming it is a safe haven are incorrect, making that claim just because we are showing bias towards bitcoin.

[SeriouslyGiveaway]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

- The situation with Bitcoin and the cryptocurrency market seems pretty clear now. The risk of it disappearing or collapsing has significantly diminished, and many countries are rushing to establish regulatory laws. Large organizations are competing for the privilege to issue Bitcoin ETFs. In the past, Gold wasn't in such high demand, but now things are gradually falling into place for Bitcoin and the cryptocurrency market.
- I strongly believe that the approval of Bitcoin ETFs will mark a new chapter for Bitcoin. It will no longer be seen as a high-risk asset. In terms of storing value and conducting transactions, Bitcoin has clearly surpassed gold and other asset classes. Especially in today's increasingly volatile world with the risk of a WW3, Bitcoin truly serves as a safe-haven asset.

[Xcode7]

As far as I know, safe haven means that the asset not only needs to meet profits but its safety needs to be guaranteed and in this case only gold can meet that requirement. With thousands of years of existence and recognition around the world, along with stability in value, gold is truly a safe haven. As for bitcoin, the asset that brings the highest profit but also has the highest risk, it does not meet the safety level. People just looking at its profitability and assuming it is a safe haven are incorrect, making that claim just because we are showing bias towards bitcoin.

Experiencing an increase when world economic conditions are not good has been proven by Bitcoin and Bitcoin prices can remain stable even though the world economy is deteriorating, but to maintain its value over a long period of time has not been proven so we cannot consider Bitcoin as a safe haven asset. .
Maybe everyone has different views, but personally for me only gold can be called a safe haven asset.

The level of profit on Bitcoin investment is quite large, so the risk will also be comparable. There is no investment that has the possibility of large profits but small risks, except investment in real estate, which is also risky and has a long time to make a profit.
I think all investments will be worth it with all the possibilities and risks.
So in that way I think Bitcoin is in a different position.

[BITCOIN4X]

~Snip

As far as I know, safe haven means that the asset not only needs to meet profits but its safety needs to be guaranteed and in this case only gold can meet that requirement. With thousands of years of existence and recognition around the world, along with stability in value, gold is truly a safe haven. As for bitcoin, the asset that brings the highest profit but also has the highest risk, it does not meet the safety level. People just looking at its profitability and assuming it is a safe haven are incorrect, making that claim just because we are showing bias towards bitcoin.

I think bitcoin has the best level of security ever seen in a financial system. Bitcoin can never be hacked, but in many cases of hacking it is the fault of the users. Mistakes in using or practicing security methods make users lose their bitcoins regardless of whether they are stolen or due to other reasons such as losing access to the wallet. I believe bitcoin is one of the safest assets ever, but it depends on how users secure it.

Maybe you are right, bitcoin is not a safe haven but bitcoin deserves to be considered as a risky hedge. Not much different from gold, Bitcoin is believed to have good advantages as a hedge during inflation, although its price volatility can make the asset's value fluctuate.

[Eh Moo Nah]

For me I will still not preach that Bitcoin is a safe haven asset. It will never be safe regardless if there is one company who post that it is a safe haven.

If I have bitcoin(s), I will never let someone take care of my crypto. I will do it on my Own. I will never ever be confident allowing other brain handle my asset.

[Pingrapole]

Bitcoin is a volatile asset, but in short term. If you want to hold bitcoin for a long time and not selling, it is a store of value. Bitcoin price has proven that up to now.

Bitcoin is superior to gold because its total supply is limited and not more than 21 million in total. But gold is still superior because it is the asset with the largest marketcap in the world.

I agree with you In fact, we see that if someone holds Bitcoin as a long-term investment, it will definitely make a good profit And we newbies are seeing that Bitcoin has been proving since past history that there is less failure if one buys it. Another is more valuable than gold.

[savetheFORUM]

As far as I know, safe haven means that the asset not only needs to meet profits but its safety needs to be guaranteed and in this case only gold can meet that requirement. With thousands of years of existence and recognition around the world, along with stability in value, gold is truly a safe haven. As for bitcoin, the asset that brings the highest profit but also has the highest risk, it does not meet the safety level. People just looking at its profitability and assuming it is a safe haven are incorrect, making that claim just because we are showing bias towards bitcoin.

Gold and Bitcoin both have their advantages and disadvantages. I understand that gold tends to be a safer asset when compared to Bitcoin and the reason for that is because it doesn't lose much value for years and keeps going up in terms of price which is not the case with Bitcoin. Bitcoin tends to be more volatile which makes it both good and bad, good because it can go up significantly within a very short period, and bad because it can also drop significantly in no time.

So, you guys are right to say that Gold can be considered a safer option when it comes to storing wealth for the long term, whereas Bitcoin can be the best investment option when it comes to profits because it has the potential to grow exponentially which can provide one with significant profit in a very short timespan.

[Marvell1]

~Snip

As far as I know, safe haven means that the asset not only needs to meet profits but its safety needs to be guaranteed and in this case only gold can meet that requirement. With thousands of years of existence and recognition around the world, along with stability in value, gold is truly a safe haven. As for bitcoin, the asset that brings the highest profit but also has the highest risk, it does not meet the safety level. People just looking at its profitability and assuming it is a safe haven are incorrect, making that claim just because we are showing bias towards bitcoin.

I think bitcoin has the best level of security ever seen in a financial system. Bitcoin can never be hacked, but in many cases of hacking it is the fault of the users. Mistakes in using or practicing security methods make users lose their bitcoins regardless of whether they are stolen or due to other reasons such as losing access to the wallet. I believe bitcoin is one of the safest assets ever, but it depends on how users secure it.

Maybe you are right, bitcoin is not a safe haven but bitcoin deserves to be considered as a risky hedge. Not much different from gold, Bitcoin is believed to have good advantages as a hedge during inflation, although its price volatility can make the asset's value fluctuate.

If we talk about security, I agree that bitcoin is the safest asset to date because it cannot be hacked and bitcoin owners will have full ownership and management of their assets. But talking about safety, we need to evaluate many other factors and clearly bitcoin cannot be a safe haven like gold.

As for whether bitcoin is actually a good inflation hedge, I think it doesn't really do a good job of it yet. If you consider it a good inflation hedge, why wouldn't you consider it a safe haven?

[Mate2237]

I have read some comments even not all and I will also say that bitcoin is not  risky asset compare to other valuable assets in the world. As others as said, those that have not gotten the full knowledge of bitcoin can say bitcoin is one of the risky asset. If you invest in the bull market then you are not expected to sell your coins in that period, you have to prepare yourself to face the bear market and in the next bull market you sell off your coins if it surpasses the previous price.

So in bitcoin, you are not losing and instead you all win. So what is the risk involved in it. I have seen big men and women in the forum saying that bitcoin is risky. How? Is it because of the bear market? Bitcoin investment is just a calculation and when calculate the mathematics well before investing in it, then I don't think you will loss anything.

[Blitzboy]

I have read some comments even not all and I will also say that bitcoin is not  risky asset compare to other valuable assets in the world. As others as said, those that have not gotten the full knowledge of bitcoin can say bitcoin is one of the risky asset. If you invest in the bull market then you are not expected to sell your coins in that period, you have to prepare yourself to face the bear market and in the next bull market you sell off your coins if it surpasses the previous price.

So in bitcoin, you are not losing and instead you all win. So what is the risk involved in it. I have seen big men and women in the forum saying that bitcoin is risky. How? Is it because of the bear market? Bitcoin investment is just a calculation and when calculate the mathematics well before investing in it, then I don't think you will loss anything.

It's impressive how you analyzed Bitcoin as a comparatively less hazardous asset. Notable in that it clarifies the significance of strategic investment and market timing. Investment is, in fact, a game of strategy, patience, and patience. a tactic that comprises holding during downturns and profiting during upswings.

Risk is a subjective concept that is often misinterpreted. Subjective in the sense that something that one person may see as dangerous could be a chance for another. Despite its track record of yielding significant profits, Bitcoin has frequently been regarded as dangerous because of its volatile price. fluctuations that can present a profitable opportunity if properly examined and comprehended. Gains, indeed, enormous gains if executed properly.

[Minecache]

As far as I know, safe haven means that the asset not only needs to meet profits but its safety needs to be guaranteed and in this case only gold can meet that requirement. With thousands of years of existence and recognition around the world, along with stability in value, gold is truly a safe haven. As for bitcoin, the asset that brings the highest profit but also has the highest risk, it does not meet the safety level. People just looking at its profitability and assuming it is a safe haven are incorrect, making that claim just because we are showing bias towards bitcoin.

Experiencing an increase when world economic conditions are not good has been proven by Bitcoin and Bitcoin prices can remain stable even though the world economy is deteriorating, but to maintain its value over a long period of time has not been proven so we cannot consider Bitcoin as a safe haven asset. .
Maybe everyone has different views, but personally for me only gold can be called a safe haven asset.

The level of profit on Bitcoin investment is quite large, so the risk will also be comparable. There is no investment that has the possibility of large profits but small risks, except investment in real estate, which is also risky and has a long time to make a profit.
I think all investments will be worth it with all the possibilities and risks.
So in that way I think Bitcoin is in a different position.

I think you're saying the opposite, in the long term bitcoin actually maintains and increases its value rather than in the short term with its volatility.

Yes, I still see some people considering bitcoin as a safe haven and they have their own reasons, so I agree with you that it depends on each person's perspective.

I don't rule out real estate, real estate may be the safest asset but it is not the most profitable asset even if you hold it for a long time. When compared in terms of returns, no asset can outperform bitcoin.

[Bitcoin_people]

Earlier when people first invested in gold many may have considered it as a risky asset, but gradually it has become the most popular and trusted asset to people for which its value is consistently high. I don't know if this has happened but I think it might happen when gold first hits the market. However, when Bitcoin first hit the market, many people thought it was a risky currency that could lead to loss of wealth. But gradually this perception of people has completely changed and people are now interested in investing a lot in Bitcoin. Because nowadays people invest in Bitcoin for the purpose of holding a large amount of money by taking loans from banks to employ in Bitcoin. Although many think it is a risky asset but I think it can be a bright asset in the future. Because we invest in Bitcoin and have a lot of faith in it, this Bitcoin can go to a better place in the future. I believe bitcoin will go to a point where people will be restless to buy bitcoin but not get much bitcoin phrase. As the days are progressing people are progressing economically and the world is becoming digital, so the virtual currency Bitcoin has also changed a lot and Bitcoin has become very popular in the world.

[livingfree]

If we talk about security, I agree that bitcoin is the safest asset to date because it cannot be hacked and bitcoin owners will have full ownership and management of their assets. But talking about safety, we need to evaluate many other factors and clearly bitcoin cannot be a safe haven like gold.

I think if it's about safety, we need to deal it ourselves. Like it lies within our hands and activities on how it is going to remain safe, how we're going to be safe.

There is no doubt that Bitcoin per se is safe.

As for whether bitcoin is actually a good inflation hedge, I think it doesn't really do a good job of it yet. If you consider it a good inflation hedge, why wouldn't you consider it a safe haven?

It's okay if you and the others doesn't think that Bitcoin isn't a safe haven for them. But talking with the people that have invested early and are in profits now.

All they will say are the same things and that is Bitcoin is a safe haven, a safe asset and a profitable one.

[Mate2237]

~

Exactly and that is why entrepreneurs like to take the calculated risk and not the uncalculated risk so they don't believe that in the investment or the business they are doing they will not loss and instead they will make profit from the investment or the business and they have to plan what to do and how to do it. That is the calculated risk we are talking about. And not the one you just into enter into the business and start to invest in it. I'm these days who does that. If you plan well before investing in a business you will sleep well and have peace of mind but whereby you just dash into the business without any concrete plan on ground the. You are inviting risk to your investment. Things are not done like that again. When you plan and see that it will not favour you the way you want it then you stop the investment and plan for another strategy to succeed. That is also a calculated plan.

Don't Invest Because you have the money

Many people invest in bitcoin because others have told them that it is a profitable investment if you are hodling it for a long term investment project but my guys, investment is a personal choice so if the other person who s doing don't just dash in but make sure have to do you home work well very. Calculate your spending habit and what you will be doing in the process of this investment. You have to draw your investment plan so when you start, you will know what and what to do so the RISK everyone is clamouring will never be a problem to you. You don't just key into the investment because you have the resources but you key into it when you finished your homework on the investment.

[WillyAp]

No coin is a save haven asset.
A all out nuclear war and forget Internet, till internet gets back up, and if that is a different issue.
That is the issue with internet. Its quiet fragile.

[Finestream]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

I will never say that bitcoin is a safe haven asset. Investing in bitcoin is such a high risk decision with its very unpredictable market. Although it can be a secured and profitable investment compared to other crypto investments, but to be honest, I would rather say gold investment is way more safe than bitcoin.

However, that does not mean that I won't prioritize bitcoin over gold. Of course, I will always stick to bitcoin due to its high promising profits, but it would be a more wise decision to invest in both if we have spare money for both.

[oktana]

First, I’ll like to point out that safe-heaven means lower risk.

No. We shouldn’t stop calling it a risky investment because it’ll help with risk management for newbies. If you take off that tag, and an inexperienced person’s btc value drops by 5%, they’ll think of it as scam because it is risky but the wrong impression was given. Meanwhile, in as much as Bitcoin is a risky investment, I don’t think of it as a high-risk asset because its changes gradually.

[Japinat]

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

I would not worry so much about whether it meets the traditional definition of a safe haven asset because of volatility, but whether it is a good long-term investment vehicle. Yes, it is very volatile today, although volatility will reduce over time, but if we compare it to gold in terms of returns since bitcoin was launched, there is no comparison.

Yes, bitcoin is a good investment because its returns are superior to other investments. But I think good investment doesn't necessarily mean being considered a safe haven, I think they're different. To become a safe haven, it is necessary to meet many factors such as safety in terms of acceptance, popularity, stability...bitcoin still does not meet all the requirements to become a safe haven. Bitcoin is a high-return but still high-risk investment, so I think there's nothing wrong with people still not considering it a safe haven.

But to be honest, all investments may not be considered a safe haven because the chances to lose is still high and unpredictable. Even if you claim to be a good investor, that does not guarantee that you are free from losses.

The good thing about bitcoin is despite of its high volatility, the chances to make profits is still high especially if you are being patient with your investment and you don't become easily bothered with price correction or market crash. And the moment you gain profits, its undeniable that what you gained is way more profitable than any other type of investment. One thing that people find it hard to resist with bitcoin.

[mirakal]

Bitcoin will always be a risky investment most especially for beginners who are still inexperienced in the market. The fact that its market is never certain and bitcoin price moves like a roller coaster, then calling it as a safe -haven investment will remain as an illusion. However,  I still believe that bitcoin will be less volatile in the years to come, and probably by that time bitcoin will act like more of a safe haven rather than calling it as a high risky investment.

[n00ber]

Bitcoin will always be a risky investment most especially for beginners who are still inexperienced in the market. The fact that its market is never certain and bitcoin price moves like a roller coaster, then calling it as a safe -haven investment will remain as an illusion. However,  I still believe that bitcoin will be less volatile in the years to come, and probably by that time bitcoin will act like more of a safe haven rather than calling it as a high risky investment.

Currently, bitcoin is not really a safe haven, it is just a risky investment with high profits but comes with high risks. That makes it impossible to become a safe haven.
Bitcoin's volatility has also decreased a lot over the years and there will come a time when it will reach its peak and no longer be so volatile. Then it will be like gold, it can become a safe haven but will no longer be a potential investment.

[Marvell1]

If we talk about security, I agree that bitcoin is the safest asset to date because it cannot be hacked and bitcoin owners will have full ownership and management of their assets. But talking about safety, we need to evaluate many other factors and clearly bitcoin cannot be a safe haven like gold.

I think if it's about safety, we need to deal it ourselves. Like it lies within our hands and activities on how it is going to remain safe, how we're going to be safe.

There is no doubt that Bitcoin per se is safe.

Of course, the safety of bitcoins depends entirely on how we store them. But bitcoin clearly offers a better solution than most other traditional assets in that we have full control over our assets, no one can interfere with or take over our bitcoins. Meanwhile, gold or real estate can still be suddenly confiscated by the government.

As for whether bitcoin is actually a good inflation hedge, I think it doesn't really do a good job of it yet. If you consider it a good inflation hedge, why wouldn't you consider it a safe haven?

It's okay if you and the others doesn't think that Bitcoin isn't a safe haven for them. But talking with the people that have invested early and are in profits now.

All they will say are the same things and that is Bitcoin is a safe haven, a safe asset and a profitable one.

So what about those who invested when bitcoin was priced at $69K? I know they haven't sold yet, meaning they haven't lost money yet, but is a temporary loss of 1/2 of the asset's value a safe haven? That's why I view bitcoin as an investment, not a safe haven.

[synchronym]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Bitcoin market has been volatile since its inception so we have to invest in Bitcoin. But we must not forget that there is absolutely no risk in Bitcoin, there is risk in Bitcoin, you have to invest time and patience in Bitcoin. If we invest that money in Bitcoin, we will get more value than gold than if we buy gold and keep it. I personally would be more interested in investing in Bitcoin than buying gold. If I want to sell the gold we buy today two days later, I must sell it at a loss. But if I keep buying bitcoins, if my luck is good, I will profit a lot from it.

[Abiky]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, caRe: Bitcoin is a “safe haven asset”lled bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

Bitcoin can be anything people want it to be. So far, it has been used by many as a store of value because of its deflationary properties. It hasn't been able to beat Gold yet, because it's relatively new to the market. The mainstream world is not ready yet to embrace Bitcoin at its fullest. But with institutional investors and some governments already expressing their interest towards Bitcoin, it should only be a matter of time before it becomes the new "safe haven asset". Once this happens, market prices will be relatively stable (minimal volatility).

It's good to know how a digital currency when from being worth nothing to thousands of dollars (USD) a few years after its inception. If BTC has gone this far, imagine how farther it will go in the future? Just my opinion

[Bushdark]

Bitcoin will always be a risky investment most especially for beginners who are still inexperienced in the market. The fact that its market is never certain and bitcoin price moves like a roller coaster, then calling it as a safe -haven investment will remain as an illusion. However,  I still believe that bitcoin will be less volatile in the years to come, and probably by that time bitcoin will act like more of a safe haven rather than calling it as a high risky investment.

Currently, bitcoin is not really a safe haven, it is just a risky investment with high profits but comes with high risks. That makes it impossible to become a safe haven.
Bitcoin's volatility has also decreased a lot over the years and there will come a time when it will reach its peak and no longer be so volatile. Then it will be like gold, it can become a safe haven but will no longer be a potential investment.

Whether you term it a risky or non risky investment, what you need to understand is that all financial investment is risky whether you want to invest or trade in the forex market or cryptocurrency market. Whatever where we are putting our money to make profit is risky and we should have that in our mindset. It is wise for us to know how the crypto market works before we ever decide to invest in it. Those that had not taken their time to understand the crypto market and how to can maximize it to make profits are the ones that do complain that the market is risky and one can not make profits from it.

[WillyAp]

Whether you term it a risky or non risky investment, what you need to understand is that all financial investment is risky whether you want to invest or trade in the forex market or cryptocurrency market. Whatever where we are putting our money to make profit is risky and we should have that in our mindset.

You invest in real estate you might loose money but you keep a substantial part. You invest into a company, the risk is there but not going 0.
Forex and Crypto trades are often with leverage. Leverage goes both ways. When you loose you loose all. 

[DanWalker]

Bitcoin will always be a risky investment most especially for beginners who are still inexperienced in the market. The fact that its market is never certain and bitcoin price moves like a roller coaster, then calling it as a safe -haven investment will remain as an illusion. However,  I still believe that bitcoin will be less volatile in the years to come, and probably by that time bitcoin will act like more of a safe haven rather than calling it as a high risky investment.

Currently, bitcoin is not really a safe haven, it is just a risky investment with high profits but comes with high risks. That makes it impossible to become a safe haven.
Bitcoin's volatility has also decreased a lot over the years and there will come a time when it will reach its peak and no longer be so volatile. Then it will be like gold, it can become a safe haven but will no longer be a potential investment.

Whether you term it a risky or non risky investment, what you need to understand is that all financial investment is risky whether you want to invest or trade in the forex market or cryptocurrency market. Whatever where we are putting our money to make profit is risky and we should have that in our mindset. It is wise for us to know how the crypto market works before we ever decide to invest in it. Those that had not taken their time to understand the crypto market and how to can maximize it to make profits are the ones that do complain that the market is risky and one can not make profits from it.

Any investment that can generate profits has potential risks, but whether the risk is large or small depends on the type of asset, not all assets have the same level of risk. Why doesn't anyone call gold a high-risk asset but call it a safe haven? Meanwhile, bitcoin is still considered a risky asset and when it comes to whether it is a safe haven or not, there is a lot of debate. No asset can provide high returns while also having a high level of safety, bitcoin is no exception.

[YUriy1991]

That's right, OP. BTC is not a risky asset and just fluctuates whether it is slow or fast. We will be educated and have a basic understanding of how it works if we pay attention.

Well, if we look at the strong growth in Bitcoin prices, currently there may be many investors, institutions who have the argument that the traditional currency is ready to face disruption. At least BTC is seen as a psychological support level but I strongly believe this is because Bitcoin is much more stable than altcoins and there are many other trading influences on the price.

These are all important points because the market is not always predictable.

[Abiky]

Any investment that can generate profits has potential risks, but whether the risk is large or small depends on the type of asset, not all assets have the same level of risk. Why doesn't anyone call gold a high-risk asset but call it a safe haven? Meanwhile, bitcoin is still considered a risky asset and when it comes to whether it is a safe haven or not, there is a lot of debate. No asset can provide high returns while also having a high level of safety, bitcoin is no exception.

Gold has a lower risk than Bitcoin because of its relatively-stable market prices. In other words, Gold's volatility is much lower than Bitcoin's. This could be the result of market maturity. After all, Gold has been trusted by many people for centuries. Bitcoin is only 14 years old. The approval of a spot Bitcoin ETF is the first step towards market maturity. But it's simply not enough to make BTC surpass Gold's market cap (or at least get close to it).

We're going to need to wait decades (or even a century) before BTC becomes recognized by many as an alternative "safe haven asset". I'm fine with that as long as Bitcoin stays decentralized and censorship-resistant. Who knows if Fiat currencies will die, leaving us only with BTC and Gold as the main driving forces of the global economy? Just my thoughts

[retreat]

For me personally, Bitcoin is not a safe haven asset, at the moment, because there is too much speculation, unclear regulations from the government, and dramas in the crypto market which often make Bitcoin's price unstable. Maybe in the future, if Bitcoin has been adopted by more people and the regulations are clear, then we can say that Bitcoin is a safe haven asset, but for now I don't really agree.

[LittleBitFunny]

That's right, OP. BTC is not a risky asset and just fluctuates whether it is slow or fast. We will be educated and have a basic understanding of how it works if we pay attention.

Well, if we look at the strong growth in Bitcoin prices, currently there may be many investors, institutions who have the argument that the traditional currency is ready to face disruption. At least BTC is seen as a psychological support level but I strongly believe this is because Bitcoin is much more stable than altcoins and there are many other trading influences on the price.

These are all important points because the market is not always predictable.

Based on what factors do you say that bitcoin is not a risky asset? If you compare bitcoin with altcoins then bitcoin is much safer but if you compare it with gold and traditional assets then it is a risky asset. Bitcoin's growth is incredible but that doesn't mean it is a risk-free asset.

For bitcoin to become a safe haven, many factors are needed and I agree with what @retreat has mentioned, popularity, government acceptance, regulations...Bitcoin does not yet meet those criteria to be called a safe haven.

[Essential10]

Many will say that Bitcoin investment is risky. Many will say that Bitcoin is not risky. The bottom line is how risky or risk-free I think, every invest site has a loss and a profit character. Bitcoin investment can be very risky and if not used properly, you can lose your principal. Educational advancement and getting the education you need is very important for cryptocurrency investing. Fully understanding and taking protective measures to keep oneself safe after human dilemmas or unknowns. Recently, Bitcoin investment has been increasing due to the interest of many people. Thinking about the future I think Bitcoin is safe, Bitcoin only depends on good credible investment version and can help yourself build some kind of financial capability. In life, you have to try to do something perfectly, not perfectly.

[EarnOnVictor]

That's right, OP. BTC is not a risky asset and just fluctuates whether it is slow or fast. We will be educated and have a basic understanding of how it works if we pay attention.

Well, if we look at the strong growth in Bitcoin prices, currently there may be many investors, institutions who have the argument that the traditional currency is ready to face disruption. At least BTC is seen as a psychological support level but I strongly believe this is because Bitcoin is much more stable than altcoins and there are many other trading influences on the price.

These are all important points because the market is not always predictable.

Based on what factors do you say that bitcoin is not a risky asset? If you compare bitcoin with altcoins then bitcoin is much safer but if you compare it with gold and traditional assets then it is a risky asset. Bitcoin's growth is incredible but that doesn't mean it is a risk-free asset.

For bitcoin to become a safe haven, many factors are needed and I agree with what @retreat has mentioned, popularity, government acceptance, regulations...Bitcoin does not yet meet those criteria to be called a safe haven.

I'm so thrilled with your response, and in fact, you are one of a few who say the truth as it is, not one of many who are painting Bitcoin what it is not. I love to be sincere and try as much as possible never to mislead people, Bitcoin is a risk-on asset, not a risk-off asset, this is obvious with the way it behaves and I simply don't know how those who are claiming it to be a safe-haven asset can't see this.

Maybe they are turning blind eyes, but how truly can an innovation of fewer than 2 decades suddenly become a safe haven, something many still fail to accept and governments treading carefully in dealing with? Bitcoin is good and I appreciate the innovation a lot, but it would take centuries before it can assume the role of what many think of it, that's if it would attain it at all. If you compare Bitcoin with other risk-on markets, you would understand this better as they behave the same. I wonder why some people can't see this as proof of fact.

[CryptoBuds]

For me personally, Bitcoin is not a safe haven asset, at the moment, because there is too much speculation, unclear regulations from the government, and dramas in the crypto market which often make Bitcoin's price unstable. Maybe in the future, if Bitcoin has been adopted by more people and the regulations are clear, then we can say that Bitcoin is a safe haven asset, but for now I don't really agree.

Many people won't like this, but if we're being frank, bitcoin is being used for speculation rather than people using it for the utility it brings. There is no denying that bitcoin theoretically offers really useful features for us. But ironically, most people are more concerned about profits and losses than focusing on the growth of bitcoin. So I agree with you that bitcoin has too much speculation and it cannot be called a safe asset yet.

Surely, in the distant future when things become clearer, when bitcoin is more popular and more widely accepted, it will be a safe asset. But now, it's more of a risky and volatile speculative asset.

[Obari]

What do you think about this and should we stop calling bitcoin a risky investment?

I don’t think the common man would want to call bitcoin a safe haven because the risk is still much in small investment amount and the joy and excitement in bitcoin comes when the investment amount is relatively high and I’ve always had a dream to own one full fraction of bitcoin (1 bitcoin) at least that’s one of the safest way to stay happy and at peace in the crypto Industry and if you’ve gone through my post, you’ll understand I’ve always talked about the benefits of owning higher amount of bitcoin if you want to stay at peaceful in the industry and I’m not shocked the company declared bitcoin a safe haven because they already had so much invested in it and since bitcoin is still rising, they should be expecting a more stress free growth.

In conclusion, bitcoin will be a safe haven for those who can afford more of it since I think the safety in bitcoin depends on how much you can invest.

[LittleBitFunny]

That's right, OP. BTC is not a risky asset and just fluctuates whether it is slow or fast. We will be educated and have a basic understanding of how it works if we pay attention.

Well, if we look at the strong growth in Bitcoin prices, currently there may be many investors, institutions who have the argument that the traditional currency is ready to face disruption. At least BTC is seen as a psychological support level but I strongly believe this is because Bitcoin is much more stable than altcoins and there are many other trading influences on the price.

These are all important points because the market is not always predictable.

Based on what factors do you say that bitcoin is not a risky asset? If you compare bitcoin with altcoins then bitcoin is much safer but if you compare it with gold and traditional assets then it is a risky asset. Bitcoin's growth is incredible but that doesn't mean it is a risk-free asset.

For bitcoin to become a safe haven, many factors are needed and I agree with what @retreat has mentioned, popularity, government acceptance, regulations...Bitcoin does not yet meet those criteria to be called a safe haven.

I'm so thrilled with your response, and in fact, you are one of a few who say the truth as it is, not one of many who are painting Bitcoin what it is not. I love to be sincere and try as much as possible never to mislead people, Bitcoin is a risk-on asset, not a risk-off asset, this is obvious with the way it behaves and I simply don't know how those who are claiming it to be a safe-haven asset can't see this.

Maybe they are turning blind eyes, but how truly can an innovation of fewer than 2 decades suddenly become a safe haven, something many still fail to accept and governments treading carefully in dealing with? Bitcoin is good and I appreciate the innovation a lot, but it would take centuries before it can assume the role of what many think of it, that's if it would attain it at all. If you compare Bitcoin with other risk-on markets, you would understand this better as they behave the same. I wonder why some people can't see this as proof of fact.

I am also a bitcoin investor and I really like it more than any other asset because of the returns it offers and its superior amenities. Bitcoin is truly a great innovation created for us. But we also need to remember one thing, we come here to seek profit, to seek what can bring good things to our lives. We are not here to worship or flatter anyone and then take unnecessary risks if something goes wrong. I prefer to live realistically to avoid trouble in life rather than live in illusion and possibly hurt myself at any time.

I also don't understand why people like to exaggerate bitcoin more than necessary, while that doesn't make bitcoin any better. Indeed, Bitcoin is really good but it is too early to confirm anything about it.

[Tony116]

What do you think about this and should we stop calling bitcoin a risky investment?

I don’t think the common man would want to call bitcoin a safe haven because the risk is still much in small investment amount and the joy and excitement in bitcoin comes when the investment amount is relatively high and I’ve always had a dream to own one full fraction of bitcoin (1 bitcoin) at least that’s one of the safest way to stay happy and at peace in the crypto Industry and if you’ve gone through my post, you’ll understand I’ve always talked about the benefits of owning higher amount of bitcoin if you want to stay at peaceful in the industry and I’m not shocked the company declared bitcoin a safe haven because they already had so much invested in it and since bitcoin is still rising, they should be expecting a more stress free growth.

In conclusion, bitcoin will be a safe haven for those who can afford more of it since I think the safety in bitcoin depends on how much you can invest.

Do you mean people who are investing money they can afford to lose and consider it a safe haven? If that's what you want to say, I think they are also making trade-offs and accepting risks to receive greater profits, so cannot be called a safe haven. A safe haven is a place where you can completely trust and feel secure that your assets are located there. Also, not only your faith in it but it should be widely recognized as a safe haven. And to achieve these requirements, currently only gold and real estate are worthy of being called safe havens.

[Abiky]

For me personally, Bitcoin is not a safe haven asset, at the moment, because there is too much speculation, unclear regulations from the government, and dramas in the crypto market which often make Bitcoin's price unstable. Maybe in the future, if Bitcoin has been adopted by more people and the regulations are clear, then we can say that Bitcoin is a safe haven asset, but for now I don't really agree.

Exactly. Bitcoin needs more time to mature before it can be called a "safe haven asset". Establishing a friendly regulatory environment for Bitcoin is the first step towards building the trust of mainstream investors and traders alike. Once the industry is properly legitimized, nothing should stop Bitcoin from becoming an alternative to Gold. The limited supply, deflationary mechanism, and censorship-resistant design are all qualities of sound money. Bitcoin is perfectly capable of being a hedge against inflation. It's just that the world doesn't know it yet.

Remember, the "early bird catches the worm". If we invest into BTC before it becomes mainstream, we'd be early adopters of the revolution. Who knows if it will make us filthy rich in the future?

[Odohu]

That's right, OP. BTC is not a risky asset and just fluctuates whether it is slow or fast. We will be educated and have a basic understanding of how it works if we pay attention.

Well, if we look at the strong growth in Bitcoin prices, currently there may be many investors, institutions who have the argument that the traditional currency is ready to face disruption. At least BTC is seen as a psychological support level but I strongly believe this is because Bitcoin is much more stable than altcoins and there are many other trading influences on the price.

These are all important points because the market is not always predictable.

Based on what factors do you say that bitcoin is not a risky asset? If you compare bitcoin with altcoins then bitcoin is much safer but if you compare it with gold and traditional assets then it is a risky asset. Bitcoin's growth is incredible but that doesn't mean it is a risk-free asset.

For bitcoin to become a safe haven, many factors are needed and I agree with what @retreat has mentioned, popularity, government acceptance, regulations...Bitcoin does not yet meet those criteria to be called a safe haven.

I am also interested in learning your reason for saying that Bitcoin is a risky asset. If you buy gold today or stock, you will not sell the next day, you will probably hold for years or until you see considerable profits. Can you do the same for Bitcoin and not make profit? People tend to use double standard for Bitcoin, they want quick profits from Bitcoin but when it come to other asset or investment instruments, they are patient.

I have checked the historic data of Bitcoin, within every five years, Bitcoin always give huge profits irrespective of the entry price. This is not what I consider as risky because the only risk is when sold at the wrong time. Those who bought at the peak of 2021 might still be in loss in terms of dollars but the Bitcoin quantity is still intact and hopefully before 2026, price might surpass their entry price and give them good profits. Even this is not guaranteed but the chances are high. I don't really see Bitcoin as too risky.

[Peanutswar]

People already look forward to the help of Bitcoin well actually like other assets once you make a good entry it will return a good profit but the difference right here is people think they are safe because if bitcoin moves out with their investment they won't lose too much because its just a small amount they will only feel the lose of the percentage of the asset if they are one of the biggest contributors. Also, people now see the next halving they are now making accumulating of bitcoin as they can because they see the potential of the bitcoin to give profit and we know when it comes to the uptrend of the bull market most of their portfolio will fly.

[mv1986]

For me personally, Bitcoin is not a safe haven asset, at the moment, because there is too much speculation, unclear regulations from the government, and dramas in the crypto market which often make Bitcoin's price unstable. Maybe in the future, if Bitcoin has been adopted by more people and the regulations are clear, then we can say that Bitcoin is a safe haven asset, but for now I don't really agree.

Exactly. Bitcoin needs more time to mature before it can be called a "safe haven asset". Establishing a friendly regulatory environment for Bitcoin is the first step towards building the trust of mainstream investors and traders alike. Once the industry is properly legitimized, nothing should stop Bitcoin from becoming an alternative to Gold. The limited supply, deflationary mechanism, and censorship-resistant design are all qualities of sound money. Bitcoin is perfectly capable of being a hedge against inflation. It's just that the world doesn't know it yet.

Remember, the "early bird catches the worm". If we invest into BTC before it becomes mainstream, we'd be early adopters of the revolution. Who knows if it will make us filthy rich in the future?

A regulatory environment can be fragile, but Bitcoin is not fragile. People know what to expect from the network and the rules that are set in stone within it, but people can never know which party will be elected tomorrow, what their true intentions are for a neutral payment network not under their full control, and how laws that were passed yesterday will be interpreted by the judiciary tomorrow, and whether the laws will cease to exist because of a change in political sentiment or on behalf of executive order due to a changing political landscape.

I have nothing against regulation, but I think we can all observe in real time now how quickly consent on a topic, no matter the importance of that topic, can change.

But it's right that calling Bitcoin a safe haven according to the commonsense is maybe too early or plainly wrong for some people, while being right for others. It is definitely an asset class that plays a multifaceted role in our world now.

[HideYourKeys]

We will see more articles like this in the coming years. I agree, ofc

[goldkingcoiner]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?
https://blockworks.co/news/alliancebernstein-gold-bitcoin-returns

A traditional asset investor is really a good person to have on our side. They tend to serve as a connection between the traditional investing and the modern, crypto investing. They can leverage this with others who are still skeptical of Bitcoin. A coiner could not possibly convince the stubborn, but their friends might. Especially if its a known and trusted face.

Bitcoin in indeed a safe haven. Safe from everyone, including the government. Thats the part that the government really dislikes, but what can they possibly do? I think nothing is what they can do.

[DanWalker]

Any investment that can generate profits has potential risks, but whether the risk is large or small depends on the type of asset, not all assets have the same level of risk. Why doesn't anyone call gold a high-risk asset but call it a safe haven? Meanwhile, bitcoin is still considered a risky asset and when it comes to whether it is a safe haven or not, there is a lot of debate. No asset can provide high returns while also having a high level of safety, bitcoin is no exception.

Gold has a lower risk than Bitcoin because of its relatively-stable market prices. In other words, Gold's volatility is much lower than Bitcoin's. This could be the result of market maturity. After all, Gold has been trusted by many people for centuries. Bitcoin is only 14 years old. The approval of a spot Bitcoin ETF is the first step towards market maturity. But it's simply not enough to make BTC surpass Gold's market cap (or at least get close to it).

We're going to need to wait decades (or even a century) before BTC becomes recognized by many as an alternative "safe haven asset". I'm fine with that as long as Bitcoin stays decentralized and censorship-resistant. Who knows if Fiat currencies will die, leaving us only with BTC and Gold as the main driving forces of the global economy? Just my thoughts

It's the truth, gold is actually safer than bitcoin, but many people are stubborn and pretend not to know when they think bitcoin is safer than gold. To be fair, in terms of profit, gold cannot be compared with bitcoin, but in terms of safety, gold is completely superior to bitcoin.

Yes, ETF is a new start for bitcoin on the path to becoming a safe asset, I also believe that once ETFs are accepted, people will have a more friendly view of bitcoin. The popularity and demand of bitcoin will increase significantly thanks to ETFs and help it be considered a safe asset. But right now, bitcoin really isn't a safe haven.

[Abiky]

A regulatory environment can be fragile, but Bitcoin is not fragile. People know what to expect from the network and the rules that are set in stone within it, but people can never know which party will be elected tomorrow, what their true intentions are for a neutral payment network not under their full control, and how laws that were passed yesterday will be interpreted by the judiciary tomorrow, and whether the laws will cease to exist because of a change in political sentiment or on behalf of executive order due to a changing political landscape.

I have nothing against regulation, but I think we can all observe in real time now how quickly consent on a topic, no matter the importance of that topic, can change.

But it's right that calling Bitcoin a safe haven according to the commonsense is maybe too early or plainly wrong for some people, while being right for others. It is definitely an asset class that plays a multifaceted role in our world now.

That's certainly true, mate. Bitcoin is resilient and impervious against government actions. Regulations are only meant to protect investors from scams and whatnot. They will only work on centralized exchanges and service providers, but not on the Blockchain protocol itself. If regulations become too tight, people will find other means to get access to Bitcoin. You can thank its decentralized and censorship-resistant design for that.

I think BTC will eventually become a "safe haven asset" as Gold becomes "a thing of the past". You'd just need to give it more time to mature. With institutional demand rising by the day, you can be certain BTC will be used worldwide during uncertain times. Who knows how far its value will go by the time this happens? Just my thoughts

[mv1986]

A regulatory environment can be fragile, but Bitcoin is not fragile. People know what to expect from the network and the rules that are set in stone within it, but people can never know which party will be elected tomorrow, what their true intentions are for a neutral payment network not under their full control, and how laws that were passed yesterday will be interpreted by the judiciary tomorrow, and whether the laws will cease to exist because of a change in political sentiment or on behalf of executive order due to a changing political landscape.

I have nothing against regulation, but I think we can all observe in real time now how quickly consent on a topic, no matter the importance of that topic, can change.

But it's right that calling Bitcoin a safe haven according to the commonsense is maybe too early or plainly wrong for some people, while being right for others. It is definitely an asset class that plays a multifaceted role in our world now.

That's certainly true, mate. Bitcoin is resilient and impervious against government actions. Regulations are only meant to protect investors from scams and whatnot. They will only work on centralized exchanges and service providers, but not on the Blockchain protocol itself. If regulations become too tight, people will find other means to get access to Bitcoin. You can thank its decentralized and censorship-resistant design for that.

I think BTC will eventually become a "safe haven asset" as Gold becomes "a thing of the past". You'd just need to give it more time to mature. With institutional demand rising by the day, you can be certain BTC will be used worldwide during uncertain times. Who knows how far its value will go by the time this happens? Just my thoughts

There is no action without a reaction ever in life. The question is how hard a reaction to an action will be and this depends on how much an action matters to someone in life or whether that action creates incentive for reactions. An easy example would be the creation of decentralized exchanges in response to overregulation and KYC processes for centralized exchanges. If regulation for Bitcoin becomes too tight and there is a market for privacy-preserving exchange of info, money, goods and services, those applications will be developed as there is sufficient incentive to go for it. That's why politicians are well-advised to think thoroughly about their actions before they shove regulations down the throat of the users.

[LittleBitFunny]

That's right, OP. BTC is not a risky asset and just fluctuates whether it is slow or fast. We will be educated and have a basic understanding of how it works if we pay attention.

Well, if we look at the strong growth in Bitcoin prices, currently there may be many investors, institutions who have the argument that the traditional currency is ready to face disruption. At least BTC is seen as a psychological support level but I strongly believe this is because Bitcoin is much more stable than altcoins and there are many other trading influences on the price.

These are all important points because the market is not always predictable.

Based on what factors do you say that bitcoin is not a risky asset? If you compare bitcoin with altcoins then bitcoin is much safer but if you compare it with gold and traditional assets then it is a risky asset. Bitcoin's growth is incredible but that doesn't mean it is a risk-free asset.

For bitcoin to become a safe haven, many factors are needed and I agree with what @retreat has mentioned, popularity, government acceptance, regulations...Bitcoin does not yet meet those criteria to be called a safe haven.

I am also interested in learning your reason for saying that Bitcoin is a risky asset. If you buy gold today or stock, you will not sell the next day, you will probably hold for years or until you see considerable profits. Can you do the same for Bitcoin and not make profit? People tend to use double standard for Bitcoin, they want quick profits from Bitcoin but when it come to other asset or investment instruments, they are patient.

I have checked the historic data of Bitcoin, within every five years, Bitcoin always give huge profits irrespective of the entry price. This is not what I consider as risky because the only risk is when sold at the wrong time. Those who bought at the peak of 2021 might still be in loss in terms of dollars but the Bitcoin quantity is still intact and hopefully before 2026, price might surpass their entry price and give them good profits. Even this is not guaranteed but the chances are high. I don't really see Bitcoin as too risky.

As I said, assets that bring high returns do not mean they are safe, do you remember the saying "the higher the return, the higher the risk"? The risk here we need to consider is the level of acceptance and popularity of bitcoin, not just talking about profits. We always say that bitcoin is very popular but how many stores have you seen accepting it, how many people know about bitcoin and are ready to accept it? As far as I know, less than 10% of the world's population invests in bitcoin, whereas if we talk about gold, you will see how much people like it.

You just have to look at the market capitalization of both and you will clearly see the difference: one asset is thousands of years old and is accepted worldwide anywhere and has a capitalization of almost 12k billion dollars. Meanwhile, bitcoin is only 500 billion USD and not many governments have legalized it. In your opinion, which is safer?

[bayu7adi]

Once we've proven that Bitcoin keeps rising every year, holding onto it seems risk free... this confidence is expected to persist as the asset continues to grow.

However, BTC remains volatile, and that's an inherent trait. I can say that the risk with Bitcoin is relative, depending on how people treat it. Everyone has a different perspective on this, and I can conclude that there are two types of investors who will view this either as a risky or non-risky asset: long term investors and short term investors.

Long term investors are always optimistic about the future based on their fundamental analysis... and daily price changes don't bother them because they not monitor short term price movements.

On the other hand, short term investors clearly see this as high risk, as daily candlestick fluctuations go up and down due to its volatility... those who don't have good trading skills may face losses because they consider too many calculations. This is the real risk because no one knows whether Bitcoin will go up or down tomorrow. It all happens spontaneously due to market conditions and circulating news.

[EquilibriumOdds]

Once we've proven that Bitcoin keeps rising every year, holding onto it seems risk free... this confidence is expected to persist as the asset continues to grow.

If you look Bitcoin with its yearly candles, you will see better growth of Bitcoin.

Buy at top, sell at bottom are for losers and if you look at Bitcoin max price year by year, it can make you disappointed as more people will be losers.
If you look at it with Bitcoin min price year by year, it shows you more solid growth of Bitcoin with time.

https://charts.bitbo.io/yearly-candles/

[Blitzboy]

Once we've proven that Bitcoin keeps rising every year, holding onto it seems risk free... this confidence is expected to persist as the asset continues to grow.

However, BTC remains volatile, and that's an inherent trait. I can say that the risk with Bitcoin is relative, depending on how people treat it. Everyone has a different perspective on this, and I can conclude that there are two types of investors who will view this either as a risky or non-risky asset: long term investors and short term investors.

Long term investors are always optimistic about the future based on their fundamental analysis... and daily price changes don't bother them because they not monitor short term price movements.

On the other hand, short term investors clearly see this as high risk, as daily candlestick fluctuations go up and down due to its volatility... those who don't have good trading skills may face losses because they consider too many calculations. This is the real risk because no one knows whether Bitcoin will go up or down tomorrow. It all happens spontaneously due to market conditions and circulating news.

Long-term and short-term Bitcoin investors are clearly divided. Its important to recognise that Bitcoin is a financial game-changer, but its not for everyone. Long-term investors have welcomed Bitcoin's volatility as an opportunity. They recognise that Bitcoin's worth lies in its potential to revolutionise wealth storage and movement in the next decades, not everyday volatility.

Now, on to short-term investors. The trip will be crazy, but volatility is where they find fun and profit. Not everyone has the stomach or strategy for this high-stakes game. However, to reject short-term trading as speculation ignores market analysis and good traders' human behaviour understanding.

Bitcoin's volatility, driven by market dynamics and news, is fascinating. Its about joining a financial revolution, not just investing. Long-term or short-term, risk is high. Bitcoin's price fluctuations are a sign of life in a market thats changing our concept of value and investing.

[Nrcewker]

Whether Bitcoin investment is safe or risky, you yourself can answer it. If in the investment, there is high percentage of return in shorter period of time, then it can be considered as a risky investment. Now place Bitcoins here and judge accordingly. In my opinion if you have enough funds to bear some losses, and still want good and steady profits then Bitcoin investments are best. Bitcoins are more suitable if you are planning to invest good amount of money for longer period of time.

[Abiky]

As I said, assets that bring high returns do not mean they are safe, do you remember the saying "the higher the return, the higher the risk"? The risk here we need to consider is the level of acceptance and popularity of bitcoin, not just talking about profits. We always say that bitcoin is very popular but how many stores have you seen accepting it, how many people know about bitcoin and are ready to accept it? As far as I know, less than 10% of the world's population invests in bitcoin, whereas if we talk about gold, you will see how much people like it.

You just have to look at the market capitalization of both and you will clearly see the difference: one asset is thousands of years old and is accepted worldwide anywhere and has a capitalization of almost 12k billion dollars. Meanwhile, bitcoin is only 500 billion USD and not many governments have legalized it. In your opinion, which is safer?

That's certainly true, mate. Gold is safer because of its established presence on the market. But Bitcoin is better because that it can't be seized by the government. Not to mention, its supply is predictable and you can carry it almost anywhere (portability). The cryptocurrency is just getting started. The approval of spot ETFs, legalization of Bitcoin all around the world, and taxation will help the cryptocurrency market mature in the long run.

It should be matter of time before momentum builds up for Bitcoin and it eventually surpasses Gold's market cap. We can call BTC a "safe haven asset" once market prices stabilize a bit. That will happen within the not-so-distant future. Who knows if the cryptocurrency will make many of us filthy rich?

[Ale88]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset. But I think we should gradually change that concept as well as change the way we call it, bitcoin is no longer a risky asset. Recently AllianceBernstein, an asset manager with $699 billion, called bitcoin a safe haven and even more attractive than gold.

For me, this is the first time I've seen a traditional company admit and call bitcoin a safe haven and consider it superior to gold. What do you think about this and should we stop calling bitcoin a risky investment?

I never trust whatever a big company says because, in my opinion, they are doing it just because they are going to have some kind of personal gain. Yesterday was gold, today is bitcoin, tomorrow it could be some mineral used to build smartphones, who knows. Of course it's great to see that there is a better understanding of what bitcoin is instead of the classic FUD but let's not think that those companies are there to help us or giving us actual advices.

[Blitzboy]

As I said, assets that bring high returns do not mean they are safe, do you remember the saying "the higher the return, the higher the risk"? The risk here we need to consider is the level of acceptance and popularity of bitcoin, not just talking about profits. We always say that bitcoin is very popular but how many stores have you seen accepting it, how many people know about bitcoin and are ready to accept it? As far as I know, less than 10% of the world's population invests in bitcoin, whereas if we talk about gold, you will see how much people like it.

You just have to look at the market capitalization of both and you will clearly see the difference: one asset is thousands of years old and is accepted worldwide anywhere and has a capitalization of almost 12k billion dollars. Meanwhile, bitcoin is only 500 billion USD and not many governments have legalized it. In your opinion, which is safer?

That's certainly true, mate. Gold is safer because of its established presence on the market. But Bitcoin is better because that it can't be seized by the government. Not to mention, its supply is predictable and you can carry it almost anywhere (portability). The cryptocurrency is just getting started. The approval of spot ETFs, legalization of Bitcoin all around the world, and taxation will help the cryptocurrency market mature in the long run.

It should be matter of time before momentum builds up for Bitcoin and it eventually surpasses Gold's market cap. We can call BTC a "safe haven asset" once market prices stabilize a bit. That will happen within the not-so-distant future. Who knows if the cryptocurrency will make many of us filthy rich?

Bitcoin has many advantages over any other assets. Any asset is at risk of government seizure, but Bitcoin is not. When, not if, Bitcoin will exceed gold in market cap. Bitcoin is relatively young, but acceptance will undoubtedly rise. Broader adoption, legal frameworks, and spot ETFs will accelerate this rise. Bitcoin will gain legitimacy and stability to become a popular investment asset with these developments.

Calling Bitcoin a "safe haven asset" is premature. Its price volatility remains a challenge. To obtain this designation, Bitcoin needs market price stability, which will likely occur with more acceptance and regulatory certainty. Bitcoin has huge wealth creation potential, but it's important to be balanced. Its important to recognize cryptocurrency's dangers despite its potential. Seeing Bitcoin become a dominating asset class will be amazing.

[Publictalk792]

It is good to see a traditional asset manager like AllianceBernstein referring to Bitcoin as a safe haven and even more attractive than gold. This acknowledgment adds credibility to Bitcoin as an investment.

But keep in mind Bitcoin's volatility and potential for price fluctuations still exist and it is important to consider these factors when making investment decisions.

But if anyone want to hold it for long time so this will be a good investment for everyone.

[utybbas2]

Not a bulletproof safe heaven, but for me it's way more safe and trustable than banks,if you do your homework right and know how to keep your coins safe.

[Abiky]

Bitcoin has many advantages over any other assets. Any asset is at risk of government seizure, but Bitcoin is not. When, not if, Bitcoin will exceed gold in market cap. Bitcoin is relatively young, but acceptance will undoubtedly rise. Broader adoption, legal frameworks, and spot ETFs will accelerate this rise. Bitcoin will gain legitimacy and stability to become a popular investment asset with these developments.

Calling Bitcoin a "safe haven asset" is premature. Its price volatility remains a challenge. To obtain this designation, Bitcoin needs market price stability, which will likely occur with more acceptance and regulatory certainty. Bitcoin has huge wealth creation potential, but it's important to be balanced. Its important to recognize cryptocurrency's dangers despite its potential. Seeing Bitcoin become a dominating asset class will be amazing.

Indeed. It is still early to call Bitcoin a "safe haven asset". There are a lot of people in this world without Internet access. Not to mention, the crypto market is a lot smaller than other markets (which explains the volatility). At just 14 years since inception, Bitcoin has achieved a lot. Imagined how far it will go 10-20 years from now. We may be considered early adopters of the revolution once BTC goes fully into the mainstream.

It's expected market prices will stabilize once governments establish a proper regulatory framework for crypto assets. A stable Bitcoin would become a greater alternative to Gold. No one can predict the future, so lets hope for the best.

[danadc]

I do see bitcoin as a safe haven asset, because it is what we always want to have as a secure base for everything, some people see gold as safer and they have their reasons because they are very good, but for this new generation the best is bitcoin, do they say that times are changing? Well, if they change for the better and the new generation will always consider safe technology as the best thing for their money, and I think that the safest thing for money so far is bitcoin and it is very difficult for them to destroy this because it is what they are all looking for, security and freedom without the banks giving their way of doing things.

[barisbilgili]

I do see bitcoin as a safe haven asset, because it is what we always want to have as a secure base for everything, some people see gold as safer and they have their reasons because they are very good, but for this new generation the best is bitcoin, do they say that times are changing? Well, if they change for the better and the new generation will always consider safe technology as the best thing for their money, and I think that the safest thing for money so far is bitcoin and it is very difficult for them to destroy this because it is what they are all looking for, security and freedom without the banks giving their way of doing things.

Of course, each person has a different way of maintaining the value of the assets they own, some choose to invest using Bitcoin and there are also those who like real assets. In the current era of technological development, investing using Bitcoin is certainly very good because you can gain profits from trading and investing. Those who are looking for security in investing will of course choose Bitcoin as their investment.

[Kuntus]

As we know already Bitcoin is often considered a "safe haven" asset by some if not most  investors due to its decentralized nature and limited supply. However, its value can be highly volatile, and factors like regulatory developments, market sentiment, and macroeconomic conditions can influence its stability. While some view it as a hedge against inflation and economic uncertainty, it's important to note that the cryptocurrency market carries risks, and its performance may not always align with traditional safe-haven assets like gold or government bonds.

[AnisahSiti]

I do see bitcoin as a safe haven asset, because it is what we always want to have as a secure base for everything, some people see gold as safer and they have their reasons because they are very good, but for this new generation the best is bitcoin, do they say that times are changing? Well, if they change for the better and the new generation will always consider safe technology as the best thing for their money, and I think that the safest thing for money so far is bitcoin and it is very difficult for them to destroy this because it is what they are all looking for, security and freedom without the banks giving their way of doing things.

Of course, each person has a different way of maintaining the value of the assets they own, some choose to invest using Bitcoin and there are also those who like real assets. In the current era of technological development, investing using Bitcoin is certainly very good because you can gain profits from trading and investing. Those who are looking for security in investing will of course choose Bitcoin as their investment.

In my opinion, trading is very familiar with losses when compared to Bitcoin investment. However, trading can be more profitable if our analysis is in accordance with Bitcoin price movements.

Investing is simpler, just by using fundamental analysis we can make future price projections. This is different from trading where you have to carry out TA analysis plus several other detailed analyzes so as not to get caught up in Bitcoin price movements which are sometimes volatile.

[speeder]

In my opinion, investing in Bitcoin means becoming self-sufficient. I don't think there is a high level of risk involved in investing in this bitcoin. Bitcoin is one such asset that gives good returns in a short period of time. Bitcoin is definitely a safe asset where investors are more profitable in long term investment. I have no qualms about investing in Bitcoin for the long term. Bitcoin has gained a lot of reputation as a safe haven. Currently Bitcoin is at the top position of all. But many people were once more interested in gold. But due to the success of Bitcoin, Bitcoin is now preferred over gold

[Ayers]

snip

snip

It's expected market prices will stabilize once governments establish a proper regulatory framework for crypto assets. A stable Bitcoin would become a greater alternative to Gold. No one can predict the future, so lets hope for the best.

This would make bitcoin more secure and could compete with gold in terms of safety, but if it became stable would it still be attractive? I mean, in addition to benefits like privacy, decentralization, volatility is one of the characteristics that makes bitcoin more attractive than other assets. Do you admit that you and I and most people are still here because of the profits that bitcoin brings? So bitcoin becoming stable is not necessarily a good thing and I don't think many people will like this.

[Gormicsta]

Previously, not only did the world consider bitcoin a highly volatile and high-risk asset, but even those of us who invested in bitcoin considered it a high-risk asset.

Honestly, when I first ventured into Bitcoin, I came in with that mentality and view of Bitcoin and a 50/50 gamble due to it's high volatility, that idea about Bitcoin didn't change not until a few years ago. Through my journey as a Bitcoiner, I have not only learned and realized that Bitcoin is the safest and most secure asset to HODL, I've also realized that it's the safest and most profitable investment anyone could ever choose, it only requires your patience and to trust the process. Trust Bitcoin and have the awareness that Bitcoin is here to stay. Only the patient ones reap the rewards and benefits that Bitcoin promises.

Just HODL at all time, especially during a dip, the DIP is the most trying time in the life of an inexperienced and novice Bitcoiner because the feel eventually develop that anxiety that Bitcoin might not make it out of the DIP, making them to take a drastic measure, SELLING during a DIP ( worse decision ever). Bitcoin is indeed considered a safe haven for those that truly understand the framework of which Bitcoin is built not for novice Bitcoiners who are still unsure.

[rojan]

Of course, each person has a different way of maintaining the value of the assets they own, some choose to invest using Bitcoin and there are also those who like real assets. In the current era of technological development, investing using Bitcoin is certainly very good because you can gain profits from trading and investing. Those who are looking for security in investing will of course choose Bitcoin as their investment.

There are many advantages of investing in bitcoin due to which almost people prefer bitcoin. If one wants to invest risk free then he should choose bitcoin as there is very little chance of loss after investing here. Loss will happen only when he is very scared.  If the invested bitcoins will be sold then it will be a loss. I think after investing bitcoins if the market condition is bad then we have to wait for a few months if the market condition is good again then selling the invested bitcoins is more likely to make a profit.

[Abiky]

This would make bitcoin more secure and could compete with gold in terms of safety, but if it became stable would it still be attractive? I mean, in addition to benefits like privacy, decentralization, volatility is one of the characteristics that makes bitcoin more attractive than other assets. Do you admit that you and I and most people are still here because of the profits that bitcoin brings? So bitcoin becoming stable is not necessarily a good thing and I don't think many people will like this.

Gold is relatively stable, yet it is an attractive investment because of its store of value properties. The precious metal is scarce, and often used in jewelry. Bitcoin is also scarce, but has an advantage of being portable and censorship-resistant. It also exists in physical form (technically by placing keys on a physical coin or piece of paper). I think it has a high chance of surpasing Gold's market cap in the future because of the benefits it provides.

The world isn't used to BTC yet, especially when it's only 14 years old. Give it some time, and you'll see it recognized by many as a "safe haven asset". The first step towards mainstream adoption is the approval of spot ETFs in the US. Then governments would need to find a way to provide Internet access to those without it. With the world interconnected, the revolution will truly begin. Who knows how long will it take before BTC becomes the "new Gold"?

[sad_miner]

Bitcoin is still a little risky, but perhaps not as risky as it was ten years ago, now that it has entered mainstream consciousness.

It's risky because it's harder for average people to understand compared to stocks, actual gold, etc, and is still volatile.

It's risky because it's too low compared to its peak, and it's not a great store of value either, because it has shown that it may not appreciate in value in future. It certainly hasn't compared to its all time highs in 2021.  It's like risky stocks in a way.  It's so easy to buy at ATH and get burnt.  Whether we like it or not, we are all affected in a way by the hype cycles and positive sentiment, and equally by low sentiment and panic selling.

If Bitcoin had a more stable upward trend and didn't crash by such huge percentages, then we could call it a safe haven asset and a good store of value, if I understand those terms correctly.