Post
Topic
Board Economics
Re: Upcoming economic crisis - crypto safe haven like gold or not?
by
omfg.xekcep
on 08/08/2018, 22:45:03 UTC
Are you kidding? Please, look at the charts of ethereum and bitcoin. There are the very strong downtrends in these assets. I am already tired to watch these downtrends. Last several days I saw quotations and market was stably in the red zone showing from -3% to -20% by assets. I think that in such a situation it is strange to talk about a safe haven because I am sure that prices will continue slashing.
It is a pity that I am still holding ETH and I acknowledge that I have mistaken with this bought. Well, I am frank with you talking about the current market situation and I consider that crypto assets in the current moment of time is not a good choice for investing and I am not sure that crypto assets will be strong in a period of the further crisis.