Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a “safe haven asset”
by
YUriy1991
on 30/10/2023, 02:50:53 UTC
Bitcoin is a volatile asset, but in short term. If you want to hold bitcoin for a long time and not selling, it is a store of value. Bitcoin price has proven that up to now.

Bitcoin is superior to gold because its total supply is limited and not more than 21 million in total. But gold is still superior because it is the asset with the largest marketcap in the world.

It is very appropriate in this case if you say Bitcoin is superior to gold and I personally see that currently Bitcoin is the most talked about of various currencies recently. Well, if we believe in Bitcoin as an asset, we should naturally continue to hold it even though Bitcoin also has an element of volatility about it and it is unlikely to disappear anytime soon but in the long run, BTC maintains its true value.