Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Safe Haven for Your Money?
by
Oasisman
on 13/02/2020, 12:42:23 UTC
I read the article and seems not so detailed.
But here's what I can say; Bitcoin is not safe haven for my money.
Because I do believe the risk when I started to buy Bitcoins and store it for long term.
Although I already know the risks, I am still supporting Bitcoin, why? Because I am not just totally into the money will return of Bitcoin, but it's also for innovation or technology behind Bitcoin.

it is better not to store Bitcoin on exchanges.

The user on the above comment didn't even mentioned about storing his Bitcoin on an exchange, and the issue/concern in the topic isn't about the security of the exchanges but the security of your money invested in crypto space generally.

i think Bitcoin is not safe. Market can be crashed any moment. So, it's better if you avoid this. Thank you.

No investment is safe specially if you don't know what kind of investment/market you're into. It's never wise if you avoid investing in Bitcoin as well.  Wink