Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin truly a safe-haven asset?
by
btc-room101
on 11/06/2021, 00:19:49 UTC
Now it is difficult to call Bitcoin a safe-haven asset. But I assume that will be the case in the future. So it's better to keep holding a little bit of bitcoin.

Is an intangible a safe haven, is btc 'real' like real-estate, these are debates only left for morons.

Is something that just showed up 10 years ago, and could evaporate in the next 5 years really 'safe', IMHO we seriously need to define the word 'safe'.

'Safe Haven' is in regards to ships during storm, long ago a 'safe haven' was a place you could anchor a ship to weather out a storm. Since SHTF has't transpired to date in btc's short ephemeral life, since the last SHTF was 2007, in which btc did not exist, nobody has a damn idea how btc will weather the next storm.

Just because resident moron's on this site say's BTC is safe, doesn't make it so.

Safety like 'safe havens' are time tested, known-knowns.

The entire goal of the rich is to keep their wealth, since BTC can go to zero, its not exactly a safe place, a high probability to go down, and low probability to rise, is a fools 'investment'.