Bitcoin remains the safe-heaven asset

[Bit-Mj1014]

Seeing Bitcoin moving up 30% against gold in just three weeks especially while gold is struggling with those 4.39% annual return really shows that people are looking for an exit route from the traditional system when things get this chaotic.
‎In the meantime, it’s becoming harder for people that don't don't believe in Bitcoin  to deny that Bitcoin is where people turn when the world feels this unstable.

[Agbamoni]

This Iran war with Israel/US is a clear indication that the Bitcoin price decreases and increases remain unpredictable. We can't continue to foresee any of its price movements because of any global occurrences like that war, that happens in the world. Times are really changing, for us to use war as a yardstick to determine the lead Bitcoin would follow, being the downside price movement. This time we saw an uptrend market movement,  leaving us with the convincing thought that Bitcoin remains a safe haven asset that someone can find

I'm glad you and many others are now having this realization. The bitcoin price is never predictable. When the war started, the news that was circulating was that Bitcoin would fall drastically. Unfortunately, that week, Bitcoin gained in price amidst the war. When Bitcoin decreased, no one expected that the price movement did not go in favor of the war. This shows how global events dont have a stronghold on Bitcoin. Bitcoin has its own control of the market.

[whiteblue]

But the moment of bitcoin's decline there are always a lot of issues or FUD against bitcoin and that's not a strange thing I guess since years ago, especially when approaching the bear market as if it was magnified by them with irrelevant FUD and by comparing it with other assets, it's not strange in my ears.
But I sometimes like moments like this where holders will be filtered by the bear market and those haters, so that the price drop on bitcoin or people who sell for fear of FUD then it benefits the strong hands holding bitcoin, precisely strong holders will increase the bitcoin they have because the price is cheap enough to buy back.

[MinMan]

There is no better time to invest in Bitcoin than now, Bitcoin has proven itself to be better than any asset out there in the world, I know that. trump made money out of this Iran war, if not him differently I expect his family to know about the incoming war before it started, they must have positioned themselves, all this looks like a business.

For a starter, yes but for those who already built a foundation, then they can wait for a drop and that is going to be another best time for them. Not only you but I and maybe some, knows it too mate that BTC proves itself once again. We can just take example of how BTC outperform Gold during this difficult time now. Trump is a wise guy and always has the chance to make money. In fact, before the war sparks, he also join the meme coin craze.

It doesn't matter how the market plays out, those who choose to DCA all the time won't miss any coming opportunity, after this way is finally over I expect good recovery, but we can surely still go down for a while.

If we buy now or DCA and then the market declines, that is not opportunity but a loss but for those who didn't buy yet, it is an opportunity for them. But wars didn't in fact affect the market of cryptos negatively, and still shown a positive performance but if the war stops suddenly, that would be an added benefits for them.

[sunsilk]

‎In the meantime, it’s becoming harder for people that don't don't believe in Bitcoin  to deny that Bitcoin is where people turn when the world feels this unstable.

They will have hard time to accept that because they don't own it yet. What they think is right is when they already have it and these situations are happening.

These investors know where they can put their money in times of uncertainty and that's Bitcoin.

And even better when the escalation starts to calm down, then the markets will be back and lively again. But with Bitcoin, it has always been despite its nature of being highly volatile.

[Muba20]

This Iran war with Israel/US is a clear indication that the Bitcoin price decreases and increases remain unpredictable. We can't continue to foresee any of its price movements because of any global occurrences like that war, that happens in the world. Times are really changing, for us to use war as a yardstick to determine the lead Bitcoin would follow, being the downside price movement. This time we saw an uptrend market movement,  leaving us with the convincing thought that Bitcoin remains a safe haven asset that someone can find

I'm glad you and many others are now having this realization. The bitcoin price is never predictable. When the war started, the news that was circulating was that Bitcoin would fall drastically. Unfortunately, that week, Bitcoin gained in price amidst the war. When Bitcoin decreased, no one expected that the price movement did not go in favor of the war. This shows how global events dont have a stronghold on Bitcoin. Bitcoin has its own control of the market.

The price of oil is increasing due to the war, which will definitely increase inflation and if this happens, then the rally of accepting Bitcoin as a store of value will start all over the world. At present, it is not possible to predict anything about the level at which the price of Bitcoin will go, but I think that investing in Bitcoin should be kept in mind because Bitcoin will start to be bullish. Since the price of Bitcoin increased at a time when people were panicking due to the impact of the war, we can assume that people want to have maximum trust in Bitcoin in the future. Investment from stock markets and stocks worldwide will now start to be added only to Bitcoin. This is the only safe haven for investment.

[NurseHub]

Undervaluing bitcoin in today's world is something crazy, bitcoin has shown prove that it is able to resist crisis effects even though it's in its best market,Gold is good on the other hand but in times like this bitcoin can survive anyone who is going through war effects like people in Iran, imagine trying to flee the country you can own lots of bitcoin, real bitcoin but only own paper gold if you want o leave a country which sometimes accessing it from another location  can be a problem.

[EL MOHA]

Comparing two big assets in very short term like weeks is very short sighted. You can be either a fan of Bitcoin or gold, a Bitcoin maximalist or gold maximalist, it does not make sense to make such short time comparison just to say either Bitcoin is better or gold is better.

Let's zoom out for wider view and see how Bitcoin and gold have performed in recent years. If it is about two latest years, gold is better but if you consider a longer period, Bitcoin is better.

Bitcoin has its 4-year cycle while gold has its about 16-year cycle, and if it is a right time for gold to wake up and start its bull run, it's logic to see gold outperforms Bitcoin in ROI comparison as we saw in two latest years.

Bitcoin market is like other markets, has its cycle. Focus on its cycle!

This is the major reason why I ended the thread with the statement that it wasn’t for comparison of the two asset as I have strongly believed that both assets are great to co own as a diversification means and not to be compared. My main reason for the thread as a bitcoin maximalist is more like a rejoinder to all those threads flying around earlier this here discrediting bitcoin and comparing with gold because bitcoin was actually bearish then and gold was actually creating new ATH.

This thread is simply showing what you stated which is that both are asset with different cycles and both having bearish and bullish periods doesn’t make one much better then the other

[Jewan420]

Bitcoin's performance has certainly surprised us a bit, especially at a time when I never expected Bitcoin prices to be stable. We can see the negative impact of the Middle East war on gold, although gold was a safe haven in times of crisis in the past, investors may be looking for alternatives at the moment.

While it is somewhat comforting for Bitcoin to see Bitcoin's price rise and gold's price fall during oil price increases, we are learning and understanding something new. Whereas in the past, Bitcoin would start losing value at any critical moment and gold would start gaining value, the opposite is happening now. Are investors now using Bitcoin as a safe haven instead of gold?

[SamReomo]

The growth and the fall could be because of market circle but I we can't completely take the war off it, as we all know war also have the kind of effect it send to the market due to how people can be pressured and they sell out of fear. In terms of also comparing Bitcoin price movement with other earth rare assets like gold, silver etc, I just got enlightened over how war could easily affect those asset since they are not resistant to explosives they could easily be destroyed when hit with one.

I believe war can affect the value of rare earth assets like gold, silver, crude oil and other such physical assets but when it comes to Bitcoin and to crypto coins then war doesn't affect those that much. It surely can impact crypto market to some extent but only for short time, the major impact on market happens because of the cycle thing and that repeats every 4 years, this year many people have believed on super cycle but to be honest we haven't seen such super cycle yet.

[Pandorak]

But the moment of bitcoin's decline there are always a lot of issues or FUD against bitcoin and that's not a strange thing I guess since years ago, especially when approaching the bear market as if it was magnified by them with irrelevant FUD and by comparing it with other assets, it's not strange in my ears.
But I sometimes like moments like this where holders will be filtered by the bear market and those haters, so that the price drop on bitcoin or people who sell for fear of FUD then it benefits the strong hands holding bitcoin, precisely strong holders will increase the bitcoin they have because the price is cheap enough to buy back.

In my view, FUD has existed since the early days when Bitcoin was not yet widely known, people like this will always be present in every cycle, particularly when Bitcoin price is falling. The negative narrative they construct makes it seem as though Bitcoin is finished due to the current price drop, whereas as we know, this is merely a short term market reaction. As holders, we must be able to filter the news before making decisions, do not fall prey to the FUD spread by those who wish to buy Bitcoin at a lower price.

At present, i am convinced we have entered a bearish market phase, indeed, those focused on short-term gains will typically be weeded out by the current significant decline, whilst those who truly understand Bitcoin future potential will certainly hold their ground, even viewing the current dip as a prime opportunity to increase their positions. If we look at Bitcoin’s price movements in previous cycles, we will see that Bitcoin has never disappointed, and we hope the same will hold true in the upcoming bullish market cycle.

[Aanuoluwatofunmi]

You can invest in Bitcoin and still claim that you are not improve it when the market is fast pumping as at when you did so, we cannot also deny the fact that bitcoin has been creating a lot of opportunity for people to depend on ever since it's creation, when we know about Bitcoin, it will also be very possible for us to utilize and maximizing all our various potentials from it adoption and use them to our own advantage in other to make profit.

[Minor Miner]

What more can a store of value offer.

Your title say that Bitcoin is still safe haven, while your post argues that it is a store of value. They are related, but they are two completely different concepts and cannot be grouped.

Bitcoin is a store of value, and I think no one can deny that, but I disagree with the notion that bitcoin remain a safe haven. Bitcoin has never been recognized or reached the level of acceptance and trust that gold has to be called a safe haven asset. It is a harsh reality, but we need to accept it.

[TastyChillySauce00]

What more can a store of value offer.

Your title say that Bitcoin is still safe haven, while your post argues that it is a store of value. They are related, but they are two completely different concepts and cannot be grouped.

Bitcoin is a store of value, and I think no one can deny that, but I disagree with the notion that bitcoin remain a safe haven. Bitcoin has never been recognized or reached the level of acceptance and trust that gold has to be called a safe haven asset. It is a harsh reality, but we need to accept it.

Bitcoin is not getting that level of acceptance as a currency, but as a commodity bitcoin is already accepted in 180 out of 195 country in this world to be held and to be transacted.
We're just lacking behind in bitcoin becoming legal tender as so far there are very few that accepted it but to be fair, gold isn't recognized as legal tender anywhere else when bitcoin is accepted in some countries including El Salvador.

Bitcoin is already both store of value and a safe haven, being accepted in so many countries within short amount of time, it's already a miracle.

[DanWalker]

I believe war can affect the value of rare earth assets like gold, silver, crude oil and other such physical assets but when it comes to Bitcoin and to crypto coins then war doesn't affect those that much. It surely can impact crypto market to some extent but only for short time, the major impact on market happens because of the cycle thing and that repeats every 4 years, this year many people have believed on super cycle but to be honest we haven't seen such super cycle yet.

Why do you think Bitcoin and crypto will not be significantly affected by war? Can you explain? What are the difference between them that make you believe war cannot have a significant impact on this market?

In my opinion, this industry is only a small part of the global financial market and a small part of the world economy. It is neither independent nor separate from the global flow of financial capital. Therefore, it is not immune to macroeconomic factor or geopolitical shocks such as war.