Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis?
by
Assface16678
on 22/02/2020, 12:55:09 UTC
Bitcoins is not the safe heaven in any case .
I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress .
It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.

Today we all know that the cryptocurrency is one of the most popular currency today and many people would like to join into the world of crypto because they see the possible earnings we can get on this. Even the cryptocurrency is encrypted and decentralized we cannot deny that there is a possibility that it is getting hacked even the technology is getting more stronger and secures still the people that are knowledgeable into the world of technology too are improving. Some of them are making some study and learning how they can break the rules.
Still, many people want to make investments on it, but we all know that the crypto is risky too because the market price is very volatile and you cannot complain if you lose your money because it is decentralized. We are looking forward to earning, and one of the keys to success is the knowledge always look and aim for the goal to make earning if you think it is enough just rest and if you are still confident you may go and pursue your profit.