Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a Store of Value
by
TheUltraElite
on 29/03/2020, 05:51:12 UTC
Not gonna panic for short term as a dump and a pump is quite normal for an asset that most of the volume are own by the whales.
It remains a store of value as long as we have its price on the rise or at a stable price, of which increasing price is always possible in the long term. So it becomes a good store of value provided you know the risks.

What I do not like is that some people are lazy and are just here to make money. So they are looking for complete full-proof methods to store their money in for future. Bitcoin is not something that can be keeping a high value all the time. It will drop in price move sideways, vulnerable to market risks. These people dont have any basic idea of what investing is and keep on making threads like these.