How safe is Bitcoin in the world's economic turmoil?
Bitcoin has opened a new chapter in the economy. When the current world economy is gradually surrounded by uncertainty, people have considered Bitcoin as a safe investment as a means of investing in their safe place. Especially those who have lost fiat currency in long-term investments. Inflation, bank crises, moral standing, trade wars - all of them have become popular in the currency investment business. The price of Bitcoin fluctuates by 10 to 20% in a day, which is very risky or frustrating.
We have seen several major events in the global economy in general, and the COVID-19 pandemic and war have halted many sectors of economic growth.
Then we come to the discussion of Bitcoin's ability to maintain its value and remain unaffected by worsening economic conditions. Why is this possible? Preserving value is always interesting to discuss, as Bitcoin can adapt well to adverse economic conditions, even though there are short-term impacts.
A balanced approach is related to how one can create percentages, but if balancing a pattern that begins with a simple approach requires a definite step.
The solution is how one sees opportunities in Bitcoin and how they target their investment amount, even with a small amount of capital.