Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a safe haven???
by
Lanatsa
on 08/06/2022, 21:56:46 UTC
In this case they are actually not something to worry about because as you said, as long as you believe and keep waiting for sure something better will continue to come in Bitcoin but that doesn't mean this is something that is also safe in terms of price volatility because they really believe it is we must but we also have to be careful because with such a large price volatility it is clear that research and planning must always be there.
Volatility will be a big risk if you are not ready with crypto. Although some people believe in bitcoin and believe that bitcoin is able to become the best and reach new ATH, risks such as high volatility of price fluctuations do need to be watched out for, because if you don't think about some of these risks. Price fluctuations will play with psychology so it will be dangerous for those who are not prepared. Research and some management or planning are necessary for the investment to go well.
Bitcoin was never been a safe haven and we know all of that but there are noobs who do really been minding about having no risk or surely guarantee which is really a  wrong mindset to have.Bitcoin do really have that

high potential on increasing its price or value in the future but dont go all in and invest only on the amount which you can afford to lose and dont make it as your main source of income.
Safe haven doesnt exist even on traditional investments that we do have today even on those casual ones and on every investment there would be always a certain risk.