Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Safe Haven Asset?
by
ShowOff
on 10/05/2020, 16:28:44 UTC
Bitcoin is an asset but not safe haven,
You cant measure the security of bitcoin only with its unstable price, but you must also consider security and convenience when making transactions and as stated in its innovation, bitcoin is an asset that makes it easy for you to make transactions wherever you are and when you are connected to the internet.

on the other side bitcoin, it is an asset because it can store a value but not a safe haven since it is very volatile, there is no word safe for something uncertain and volatile.
You wont even be recommended to save your money on bitcoin because the price is never stable. But you can make bitcoin a profitable investment asset only by exploiting market fluctuations.