Post
Topic
Board Bitcoin Discussion
Re: What are people doing except holding Bitcoin?
by
Ratimov
on 16/09/2022, 18:52:27 UTC
Very likely, Bitcoin will continue to be a formidable store of value like Gold and Bitcoin will deliever a good competition against Gold as a store of value.

Provided that bitcoin can curb its volatility. At the moment, bitcoin is classified as a risky asset and recent events show that under some negative scenarios for the development of events in the economic and geopolitical arenas, investors leave bitcoin, not come. Many people do not like the fact that if you invest in bitcoin, it can take several years for the value of your investment to return to its previous level. A 60-80% loss in asset value doesn't exactly fit the definition of a safe haven that gold belongs to. We can say that bitcoin is good in the long run and in a few years it will still grow, so the investment is justified. Undoubtedly, but this is still not enough to call bitcoin a safe haven among assets.