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.
Either because of the scammers moving their scammed BTC or the pandemic, I would go with the scammers.
I would rather retain my holdings than going along with this scammers because this is inhumane and not a basic way in joining these scammers moving their BTC.
Bitcoin is volatile, that is the usual answer people tell me why Bitcoin would never be a safe-haven.
why need to listen to those telling you this and that? remember you have been here in crypto for how many years now and you experienced the advantage of being bitcoin user or holder.
But the thing is that people are actually getting a profit out of it, despite the fall it will go back to its normal price suddenly. In the long run, it gave a lot of profits from its users and investors and I think that is the reason why we should consider Bitcoin as one.
this market or Bitcoin is safe haven if you know how to manage your crypto,if you know what Holding means and how selling the coins when there is a pump.