Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a safe haven?
by
nurilham
on 16/08/2021, 22:56:19 UTC
To be honest, after Elon Musk withdrew a significant part of bitcoin from his turnover, and then bitcoin crashed, I really started to worry about my bills.
Why you should be worried? The impact lasts in a short time, maybe around a few weeks. After that, the Bitcoin price will be increasing again. It is normal if there are FUDs or more supply in the market, the price tends to drop a moment. But it won't last a long time (not for years), then the price will increase again gradually. Moreover, if there is positive news about Bitcoin, the price will increase easily.