Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin Save Investors?
by
Periodik
on 08/08/2019, 02:19:44 UTC
Recession indicators in the U.S. bond market just flashed their deepest warning signals since the period that led up to the 2008 financial crisis. Can bitcoin work as a safe haven and protect investors in the event of a U.S. recession?

https://bitcoinist.com/inverted-yield-curve-signals-u-s-recession-can-bitcoin-save-investors/

It has been proven time and again that the value of Bitcoin does not have a correlation to the values of bonds and stocks and fiat. With this, I think it is very much possible that investors will sort of hide their money into Bitcoin if the bond market will face another huge financial crisis like the one that happened in 2008. The track record of Bitcoin may show some bad days but it does not behave the way the traditional market does.