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Author Topic: Bitcoin is a “safe haven asset”  (Read 944 times)
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November 10, 2023, 09:29:17 AM
 #141

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.

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November 12, 2023, 10:36:42 AM
 #142

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? Grin

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November 12, 2023, 10:42:04 PM
 #143

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.

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November 13, 2023, 11:40:09 AM
 #144

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? Grin
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.

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November 13, 2023, 11:48:05 AM
 #145

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.

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November 13, 2023, 11:58:54 AM
 #146

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.
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November 14, 2023, 02:54:53 PM
 #147

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. Cheesy

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November 15, 2023, 03:33:37 AM
 #148

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.

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November 15, 2023, 09:35:25 AM
 #149

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.

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November 15, 2023, 01:26:04 PM
 #150

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.
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November 15, 2023, 01:52:09 PM
 #151

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.

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November 15, 2023, 06:46:45 PM
 #152

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

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November 16, 2023, 07:44:35 AM
 #153

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. Cheesy

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.

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November 16, 2023, 11:05:02 AM
 #154

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.
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November 16, 2023, 06:10:26 PM
 #155

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.


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November 22, 2023, 06:55:18 PM
 #156

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"? Smiley

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November 26, 2023, 03:46:54 AM
 #157

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.
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