Quote from: gundala on April 10, 2020, 08:23:46 PM

Quote from: Abiky on March 12, 2020, 08:38:10 PM

~Gold has been performing better than Bitcoin and other cryptocurrencies combined. It's odd to see something like this happening today since Bitcoin is a decentralized cryptocurrency. This should make it "immune" from real-world events whatsoever.
~
What are your thoughts? Huh

There are no assets that are immune I think if facing a pandemic that has an impact all over the world. Investors are also ordinary people, certainly also choose to release some of their investments to fulfill life in the real world. Only the durability varies.
All investment products declined amid this pandemic. Most people prefer to hold fiat, as a "safe" way to maintain value. This is also the most effective way because of difficult conditions, the need for life must still be fulfilled, while many things are decreasing productivity.

Even gold who widely know as safe heaven are also affected, for me there is no safe heaven assets because all have risks. Bitcoin many people see it as safe heaven and it is really a bad decision if they will invest all of their resources because we all know that the market is so volatile and there is recent crash that happened where it could be happen again in the near future. In this time we should focus on protecting our capital first and remember that cash is also a position in the market.