Post
Topic
Board Speculation
Re: Could Bitcoin potentially serve as a safe haven in the upcoming economic crisis
by
KingsDen
on 05/09/2023, 09:29:30 UTC
There is no safe place when a crisis occurs, many people think too much about Bitcoin, what we must understand is the concept of decentralization such as bitcoin of course also prone to drop when inflation occurs, it is better to save large amounts of assets in trusted commodities such as gold, Land and so on, and making cryptocurrencies is an alternative investment so that it does not make us panic when a bear market occurs.
It is true that many people think much about bitcoin and the way they present bitcoin will make you think that bitcoin has been right from the beginning of the world and it will be till the end of the world. Nothing lasts  forever including bitcoin, but there are things that have been proven to have stayed for very long and will continue to be in the economy for very long such as the gold that you mentioned.

The topic creator talked about the upcoming economic crisis and I wanted to read where he got the information from because the economic crisis that is hitting the world especially developing countries is worse and if there is more to come, that should be hell.