Quote from: nelson4lov on Today at 02:36:49 PM

This subject has been discussed a couple of times before. Nonetheless, I will share my take on it. Bitcoin is not a safe haven asset (at least not for now) but it certainly won't go down the drain with other traditional market instruments. Bitcoin is actually bigger than most people think it is. Given the opportunity, Bitcoin would perform better than traditional assets. So far so good, Bitcoin has held its ground.

Who remembered the market crash sometime in march? Where traditional assets plunged hard? Yes. Bitcoin did too but It has fully recovered from that loss.

Many people are saying that bitcoin is really a safe heaven. It is talked for so many times and discussed many times by cryptocurrency people. I agree that for now bitcoin cannot be considered as a safe haven. In this time bitcoin is not that famous, yes many people know about bitcoin but the number of people who do not know about bitcoin is much higher. Many people still think that bitcoin and cryptocurrency is a scam due to many hackers and scammers. Though bitcoin cannot be considered as a safe haven now I know that in the future bitcoin will rise. Bitcoin really has the potential to be a number one cryptocurrency in the world. Given that the traditional currencies nowadays perform really good woth the bitcoin.