Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis?
by
HannahGoFighting
on 24/02/2020, 06:22:58 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.
I don’t think value of crypto with real utility will fall, even in the times of crisis, that’s when we’re in desperate need to find something to lean on, right?