Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a “safe haven asset”
by
AnisahSiti
on 15/11/2023, 13:52:09 UTC
I do see bitcoin as a safe haven asset, because it is what we always want to have as a secure base for everything, some people see gold as safer and they have their reasons because they are very good, but for this new generation the best is bitcoin, do they say that times are changing? Well, if they change for the better and the new generation will always consider safe technology as the best thing for their money, and I think that the safest thing for money so far is bitcoin and it is very difficult for them to destroy this because it is what they are all looking for, security and freedom without the banks giving their way of doing things.

Of course, each person has a different way of maintaining the value of the assets they own, some choose to invest using Bitcoin and there are also those who like real assets. In the current era of technological development, investing using Bitcoin is certainly very good because you can gain profits from trading and investing. Those who are looking for security in investing will of course choose Bitcoin as their investment.

In my opinion, trading is very familiar with losses when compared to Bitcoin investment. However, trading can be more profitable if our analysis is in accordance with Bitcoin price movements.

Investing is simpler, just by using fundamental analysis we can make future price projections. This is different from trading where you have to carry out TA analysis plus several other detailed analyzes so as not to get caught up in Bitcoin price movements which are sometimes volatile.