Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Safe Haven for Your Money?
by
tvplus006
on 14/02/2020, 12:09:41 UTC
Absolutely for the long term, I would never say short term because if you got caught out in 2018 or even some periods in 2019, you'd be looking at 3000 prices when most people bought then above 10k.

I would still store most of my savings in normal money though. I know my government is shit but they insure my money and yes maybe they can end up like bankrupt but it is a smaller risk than crypto losing it all (to me).

I agree with you. Like it or not, ordinary money behaves much more predictably than BTC.

Here, everyone must make their own decision for themselves. You either go to the Bank and make a Deposit at 3% per annum, or invest in bitcoin yourself, in the hope of earning a larger percentage of profit. But we must remember that bitcoin may not bring you a large income quickly.