Post
Topic
Board Bitcoin Discussion
Re: Can BTC really be a safe haven?
by
crustycrab666
on 19/05/2020, 21:56:06 UTC
I cannot say that bitcoin may be a shelter because recently we saw a serious panic where the worth drops such a lot and it's not a characteristics of a secure heaven. the foremost popular shelter is Gold but its value is additionally drop when the pandemic start, the worth of bitcoin is just too volatile and on behalf of me it's not consider as a secure haven investments.
When a crisis like this, all investment products must go down. This is an effort to meet basic needs, so many people sell their investments. That is why there was a fairly extreme decline, including in the crypto market last March. When the situation is under control, the crypto market can recover faster than other markets.