Topic: Crypto is safe heaven specially next 30 days - page 2. (Read 650 times)

Recent data has actually revealed that while Bitcoin frequently referred to as "digital gold," it has been more in step with the stock market than traditional safe haven assets such as physical gold. For example, during the market declines of 2024, Bitcoin declined more sharply than resilient gold, which saw continued buying from central banks for its perceived value as an inflation hedge.

Another consideration is crypto's volatility. While it has gained popularity as an alternative investment, recent price swings really drive home that it still highly speculative, its price so often driven by broader market moves and investor sentiment. For those seeking stability, gold can at times offer protection that's more predictable in times of turmoil. While crypto does have some merit for preserving wealth, it certainly brings its own set of risks, so going all in today might not be the most advisable option in search of a "safe" store of value.

If your country's currency is losing value uncontrollably and inflation is in double or triple digits, then there is nothing wrong with using and considering bitcoin as a safe haven, I agree with your decision. But given the general situation in the world, it is clear that bitcoin is not yet a safe haven like gold. Because not every country's currency fluctuates or loses 70% of its value in 4 years like your country's currency.


I do not deny that there have been bank failures in every country, even in a powerful country like the United States, but I do not know what the situation is like in those countries. But in my country, if the bank goes bankrupt, people's money is still guaranteed by the central bank and the government. More importantly, have you ever deposited money in a bank and had it stolen? Did you experience it yourself or did you just hear about it from others?

From what you say, it seems like you are investing in bitcoin for profit, wanting to get rich. There is nothing wrong with that because that is what we all do, we invest in bitcoin to make a profit, but obviously you choose bitcoin not because you are afraid of banks stealing your money, you choose it for the profit. I have never considered bank deposits as an investment, it is just a place to store savings for emergencies.

Point of correction Crypto isn't a safe haven and could be even considered worse than Fiat whose deteriotion is slow.
Bitcoin and Gold  can be considered a safe haven against inflation.
And using 30 days Would imagine is because of the election and if so
Then crypto can be considered the worst in invest in especially if Harris win.
Imo get yourself a Bitcoin, Gold or if you have the funds a land (depending on your country though).




P. S you didn't specify what it's a safe haven against so just felt it's inflation. 

If you don't have good grasp in this market, better not involve yourself. This is true for all the other investments. But if you are a true believer in this tech and you have more than enough funds, why not? Do remember, the entry and exit level will determine your profitability. So it doesn't depend on the price right now or the next day. It is when you buy your coins and when will you decide to sell it off in the market.

Yes, Bitcoin is the safest currency to invest because mostly banks make fraudy action and they they could be fled and we can lose all money. So most of the people found that Bitcoin is the future and we should on the safe future and billions of people got millions of dollars by Bitcoin investment because when Bitcoin listed ,the price was very low and after that token became famous and millions of people became millionaire by this . Now there are millions of investors which have Bitcoins which they will not sell in any case because they know that it's price will go up , up and up.

Crypto is a risky investment, and shouldn't be taken into consideration if the investor's goal is to cashout profit in 30 days. This market is unpredictable and nobody can assure what is going to happen on short term. All we have in our favour is a positive history of price taking Bitcoin into consideration. However, many investors who purchased BTC on its peak in previous cycles had to hold their coins for years until seeing their investments turning into green, due to bearish trends which came suddenly right after their bought their coins.

Every investors must be aware that they have to be ready to wait patiently for long periods of time until cashing out profit. Therefore, a Plan B is a must if things don't go as firstly expected with crypto investments.

In a country that experiences high inflation, Bitcoin could be seen as a safe haven. The value of the currency have my country lost close to 70% of its value in four years. If I had converted all my fiat to Bitcoin, it would have been a safe haven for me. My position is that there are so many countries whose currencies are even more volatile than Bitcoin. The government restricted banks from dealing with crypto but the population of Bitcoin users kept increasing because people knew that Bitcoin was the best hedge against inflation.

I keep wondering same thing as well on how he gets such information from and mostly they are just mere guess talks all in the name of trying to put up a thread but he ought to know that stuffs like this needs enough valid proofs and we'll detailed content so every members that come actrois it can as well relate to this. And to crown it all crypto can't be a safe heaven cause it's still trying to survive in the society so

In what way is it contradictory?

Bitcoin is predictable because it strictly follows a formula. It functions according to codes set in stone. We know how many coins are there in totality. We know how it will be distributed across time. We can absolutely rely on the codes that no Bitcoin beyond 21 million will ever be issued. And we know that the rest of the supply won't suddenly be issued today.

You can't say the same with fiat. It's a system basically based on the whims of a few people. It's highly unpredictable. They can print so much all of a sudden and devalue the currency to the extreme.

Such feature isn't strength. It's precisely fiat's weakness. And yet fiat is dominating because it is being utilized under the command of the powerful state. People are given no choice but to use it however absurd it may be.

I get the feeling that people are thinking that whatever asset gives the highest return will be considered a safe haven or store of value. But technically, the concept of a safe haven doesn't work that way. Gold does not bring as much profit as bitcoin, but why is it considered the best safe haven today and recognized by the world for centuries? I think people can compare gold and bitcoin for themselves to know the most accurate answer but it seems people don't want to admit this truth.

Bitcoin is the most profitable investment and no one denies that but with its volatility and instability whenever the economy is in trouble, it cannot be a safe haven.

That is if you already have the fruits or your labour but before that, you want to make sure that you have done a background research if you are going to work with something, so that all the traits you listed there, aren't going to waste. Usually we always heard that delayed gratification is better but your response there is a proof that instant gratification is also important. Those who did will not be guilty anymore.

The bolded part sounds contradictory but I think the truth is, Bitcoin is not really predictable and when you said fiat is dominating, I think that actually means that fiat is strong, so there should be no inflation that happens but even if there is, BTC isn't only the safe haven that we have and not all are also familiar with it, so they are free to go with the other.

I don't want to call you a typical liar but you are a very dishonest speculator, you just bring things out from your head and you are not even a maximalist of anycoin. Crypto is a safe heaven but that doesn't make it immune to bad economy. Bad economy means bad things to people and anything thag makes people sell their things for comfort, they are going to sell their coins too, like last 5 days ago when the US market was crashing, the crypto market followed.

There is no need to gaslight anything just to score a cheap point, we have seen many type of this discussion and nothing. When things are about to go wrong in any economy and it been discuss rest assure that it wouldn't happen but the ones that are not discussed are the ones that happen. So just consider that this one will be going to the dustbin basket.

We have vastly different perceptions of what "safe" means and potentially nowhere might be safe if certain political outcomes happen. Trump may not be the savior that crypto fans want, because he is incredibly erratic and unpredictable in his "policy" making. He might wake up one morning, read the wrong newspaper article and as he is seemingly so easily influenced - decide to ban all cryptocurrency that day. It would not be the craziest thing he has done by a long shot and would cause the value to plummet if that happened. He is more likely to do something that loopy than Kamala.

There’s so much attached to this and If possible the whole world will still suffer from same poor Investment if care is not taken, during times of war there’s nothing special since every investment lose their value but I understand the point because bitcoin is decentralized secondly if bitcoin should decline there’s a chance bitcoin will rise as seen in several situations. Bitcoin investment is a safe haven and I wonder why advising to get a debit card for spending so quick, bitcoin investment can be considered as a safe haven when there’s a long term plan involved or else the price fluctuating might fail most people.

I don't know what will be happening in the next 30 days that made you think that crypto will be a safe haven asset within that short interval of time. Are you suggesting that there will be natural disaster from the tone of your post? I would love to know what you are seeing in the next 3o days that warranted your conclusion. If it is long term investment, I will agree with you because Bitcoin have shown to be one of the best investment asset over the past years. Short term investment in Bitcoin may not generate enough profits.

Apart from inflation Bitcoin will also save us from sanctions and also freezing or deflection that can be done deliberately like what the US is doing to Russian assets in its country, this is a serious conversation and bitcoin will save us from certain parties' control over our money.

Long term is the most appropriate answer to make our Bitcoin more valuable because bear markets always exist in the bitcoin cycle that will make us unprofitable at any given time and that is what needs to be faced, so taking 30 days is a mistake talking about bitcoin.

I can't help but agree with this point. OP is referring to cryptocurrencies as being a safe haven which is even worse because altcoins are barely reliable for long-term investments, and when it comes to Bitcoin, it might have different characteristics, it might have the trust of the market being the best cryptocurrency because it has always been able to regain its value even after losing more than 60% or 70% of its value during bear markets. However, even calling Bitcoin a safe haven would be technically wrong because no matter what, it's still a volatile asset.

You can say that Bitcoin is currently one of the most profitable investment assets available because you can buy it during the bear market when the price is low and keep holding until it goes up again in the bull market and get profits that are better than many other traditional investment assets. As they say, when there is more reward, there will be more risk as well. The same is the case with Bitcoin because if you invest and it loses value, you will have your funds stuck until it goes back up.

These are the reasons why it's not recommended to invest everything you have in Bitcoin but only the funds that you can afford getting stuck for an unknown amount of time.

Bitcoin is highly volatile and can be dumped at any time, even losing more than 70%-80% if it enters a bear season and that stagnation lasts for years. What would you do if all your money was bitcoin and it lost more than 80% of its value? So I don't think and disagree that bitcoin is a safe haven.

I don't know if there is any difference in the concept of safe haven between us but basically: safe haven needs to ensure stability, not an asset that is highly volatile or frequently dumped.
Most of the claims about bitcoin as a safe haven come from bitcoin investors and it is not yet globally recognized like gold. So if we're being realistic: we need to admit that bitcoin is not yet a safe haven.

It's been a safe haven since and it will be a safe haven in the next coming years, not just in the next 30 days. As for the geo-politics or the world economy, I guess everyone is connected and so by that, the only thing that we can do is to really have some assets in our portfolio like crypto to fight inflation and still make money in the worst economy that we might see in the future.

Definitely, not everyone will go full crypto, as they think of it as some ponzi scheme and people are just getting money out of the thin air. But for us who have been in crypto, we all know how it works specially Bitcoin on how it is really a store of value and preservation of our wealth.

If you watch the previous two debates between Biden and Trump, Trump and Harris, you will see that they never mentioned bitcoin even once. Even the Democratic candidate has never mentioned or shown interest in it, which is enough to show that Bitcoin is not an important or central topic of this year's election. And not many US voters care about that, only crypto investors like us care about this issue but unfortunately most of us are not Americans.

In theory, with bitcoin's scarce design and its annual increase in value relative to currency devaluation, it is not wrong to say that it is an inflation hedge or safe haven. But there is nothing wrong when someone says that it is not a safe haven yet because an asset to be considered a safe haven needs to have stability, legitimacy and widespread popularity. But as we see, bitcoin is too volatile, not globally legal and not popular worldwide. So using it to protect our assets is very risky because it can be dumped unexpectedly or you may not be allowed to use it in countries where it is not legalized.