Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and recession
by
akhjob
on 11/09/2019, 14:52:15 UTC
In the blowing air of recession, people are finding a way out to secure their investment and many are reaching towards Bitcoin as a savior, so what you think?

Normally, volatile assets are avoided during a recession. As you can see Bitcoin is also a volatile asset, so I don't think that Bitcoin will attract new investors as some have suggested. However, I agree with Jet Cash that Bitcoin is a non-correlated asset and having a non-correlated asset to your portfolio is good.

Does Bitcoin survive?

Of course, it will.