Topic: Crypto is safe heaven specially next 30 days (Read 650 times)

I believe only two coins can be called a "safe haven". Those are Bitcoin and Litecoin. The rest are more akin to digital cash. BTC and LTC are both scarce, reliable, and truly-decentralized. The former often rises in value, while the latter is much more stable. However, that doesn't mean Litecoin doesn't experience gains when the market turns bullish.

In the analog world, Gold is like Bitcoin, while Silver is like Litecoin. I didn't mention Ethereum because the coin was built with inflation in mind. It's said the supply of ETH is unlimited. I'd say Ethereum is more akin to Oil. You can use it for real world applications (Web 3.0), but don't expect to get rich holding it long-term. It doesn't bring as much gains as Bitcoin does. Even now when the market is bullish, ETH is worth around $3.1k, while BTC reached $90k. ETH should've been worth at least $5k by now. But that's another story.

By the way, you can hold BTC way beyond 30 days. Only if you have the "guts" to do it. I'm hoping BTC overcomes Gold and becomes the best store of value in the world. Maybe someday, right?

For me it is advisable for way to diversify our investment plans so that when there is problem in the country it will not affect us mostly because sometimes what makes some people to be financial hand cap is as a result of a crisis in a country that cause a lot of harms and the destructions in that country, so if such thing happens in a country, many people who invest more money who invest in their Banks who invest in landed property many of them will you suffer for poverty because those properties will be destroyed but when you invest in cryptocurrency most still a Bitcoin your investment to be secured even though you travel to another country your investment will it be available for you to start up a life because you have not misplaced your seed phrase, so investing in bitcoin will help you.

If you call Bitcoin a safe haven, I agree with you, but if you use the word "crypto", not all crypto is a safe haven. By the way, why should it be for the next 30 days? In general, if it has become a safe haven, it is better to make the asset a long-term investment.
Literally, there are many benefits to be gained from investing in Bitcoin, you can also escape the clutches of inflation. An optimistic response will provide peace of mind in investing, just look at how many investors are starting to make Bitcoin their main investment, it proves that Bitcoin is not only for 30 days, but has no time limit.

Bitcoin is now 87k and this is an all Time, it's increasing on a daily basis and a lot of people getting excited about this... I actually think it might get to a 100k this isn't really a prediction but I think that's what might happen...A big dip would definitely hit at any time, this is why you must give yourself a target and once it gets to that point you can either withdraw or just take profit...the crypto space is indeed filled with a lot of opportunities if only you can be patient with it... patience is required if you want to make money from the crypto space.

Apart from investing in crypto, there are other financial markets you can invest your funds which can earn you good profits too. The crypto market has been known to be a remarkable market where we can earn hugely depending on how much we are investing and the kind of projects we are investing our funds. Since Trump has been elected as the next American president, the crypto market has been going bullish which has been influencing the price of altcoins making them to drastically increase value. This is the beginning of the bull market and its going to make a lots of cryptocurrency investors millionaires and billionaires with time.

Predictions and speculations could be created by anyone as long as you have a viewpoint of what's happening. However, no matter how we look at these statements, nothing would really guarantee things unless it happen already. Looking back with speculations early this year regarding bullrun; some believed it to happen right after the event and some became firm with their belief that uptrend will take place months after halving. One will be correct and other's would be in the wrong. But what will matter the most is your plans for your holdings; perhaps you immediately sell your holdings because of other's speculation. If you are positive of how will the market be doing the  just continue to hold or add up to the existing amount because that's the right thing to do than to regret it afterwards.
Based on how the market is going right now, then yes it is safe to say so but given how risky things could be, it would be much better to not be too confident making it a safe haven; always check on the market price and overall market trend, and also keep your wallet secured from malwares and viruses or other unwanted things that may put your holdings at risk.

Crypto will be safe heaven for a long time, it is not the next 30 days only. People see that banks are pulling shady stuff all over the globe. Nobody trusts them anymore. Just like how people stopped watching legacy media outlets like CNN and MSNBC and started watching independent content creators like Joe Rogan; people also stopped using banks nowadays and more interested in using crypto instead.

The last US election clearly showed us where the world is heading. It is clearly towards independent media & crypto. That's how Trump won the election because he did read the future much better than his opponent.

Bitcoin is a safe haven, possibly another handful of cryptocurrencies are a safe bet, like Ethereum for example. You can’t say as a whole that all of crypto is safe though because there are so many scams, rug pulls & failed projects. Stay sate out there, it’s a mine field.

Inflation doesn't affect BTC, you know that right? People who hear rumors and sell when they are afraid can affect it, not inflation.


What? When does this happen? Oh, yes. Never! Don't post inaccuracies man.


Bitcoin will always be highly volatile as an asset, this is the truth but not the only one. The other is that if you store your money in BTC, no one can ever take it away from you. No one could ever know how much you have. No one can control them or move them except you. So yes, I prefer to store my money in BTC than have it in a bank or stocks. Well, I will consider buying oil barrels as well but it's a bit more difficult...

The safest asset in the world is Gold. But Bitcoin is quickly gaining traction, leading us to believe it will replace the "yellow metal" within the not-so-distant future. Remember, Bitcoin is a long-term thing. Short-term speaking, it will have its ups and downs because of market volatility. In a few years, BTC will have a much higher price. That is a guarantee. Especially with the way Bitcoin was designed (deflation in mind).

As a matter of fact, Bitcoin reached a new ATH in price. President Trump's win greatly contributed to this. If you bought BTC before, you would now have greater purchasing power. A good store of value that often complements Gold. I'd suggest you hold both (BTC + Gold) for complete peace of mind. Who knows? Maybe you'll get rich someday.

Bitcoin is considered the safest asset in the cryptocurrency market, but not the safest asset in the world. How can a highly volatile asset be the safest place for us to keep our money in the short term? Like in the bear season of 2022 when inflation hits us, how safe will you be when all your money is in bitcoin and bitcoin price has dropped from $69k to $15k in just 1 year? Even those who were unfortunate enough to buy bitcoin at $69k in November 2021 had to wait more than three years for bitcoin to recover and they could recoup their investment.

Bitcoin is still a highly volatile asset and that makes it more suitable for investment than a safe haven to store our money.     

You are speaking like you have seen the future or skme kind of time travel who have seen everything and given us warning about what is coming. When you want to banter other financial system, be realistic and says things that will happen and not just hype things for nothing, this is why some traditional financial markets thinks when we say things, we don't meant but create hype just to favour our investment and once it's pump, we forget everything we said and they are right.

The traditional financial market can collapse because it's controlled by policy and sometimes policy has it limits but what I want to to know is that if banks fail, the government will be there support it and get back fully. It's not like they will let it slide, the government owns the banks and the reason why it can't fail is that they know how to print and once currency are printed, everything comes back to normal, crypto doesn't work like that which makes it unique.

From the other point you made from the first line of this thread, and yes holding Bitcoin and cryptocurrency is much more better than having cash in the bank. So with crypto, your in charge of your of funds unlike the traditional Bank way we save our imoney in, However, holding cryptos isn't totally risk free because for some people they store their cryptos in a centralized exchanges and you know,  not your keys not your cryptos.  Secondly,  in crypto, you cannot recover your funds if you totally lost access to your seed phrases,  so if you want to self custody there are still some risk involved for you to be aware,  lastly the crypto industry is a volatile one and there id no guarantee of price stability in terms of maintaining the value of money you put, except for Bitcoin which has proven to be increasing over the time.

I believe that whether for a short period or a long one, BTC will always be the safest place to "keep" your money. Indeed, we can't say the same about memes and tokens, but we can say it for strong Altcoins like LTC, XMR, ETH, etc. Bitcoin has always influenced the entire crypto ecosystem, and that will not change. The power that BTC has and its price will always determine all other cryptocurrencies because, quite simply, he is the King. No one will reach it.
As for the wars that we are living through and the economic hardship/ crisis that you very correctly mention, these are not short-term variables. Personally, I would like them not to last long, but to not happen at all. Unfortunately, they have started and are lasting for far too long already...

I would absolutely not call "crypto" a safe haven.  First of, crypto is a very vague terms, actually standing for and meaning "cryptography", now that said besides bitcoin, most coins are extremely volatile, and so is bitcoin, ,just not quite as much.  The best "safe haven" store of money is still without question, gold.  Gold has been seeing new all time highs itself, and has proven to be a safe have for thousands of years, not just a decade and some change.

Crypto (especially Bitcoin) would be a safe haven if wasn't too tied with the traditional monetary system (Fiat). It's one of the few reasons why market prices are so volatile. Gold, on the other hand, is much more stable. For Bitcoin to reach stability, a lot of work must be done. Why just settle for 30 days, though? A safe haven can do well for months or even years.

If there are two types of cryptocurrencies that can be labeled a "safe haven" that would be Bitcoin (obviously) and Litecoin. The latter is often labeled as "Silver to Bitcoin's Gold". It's currently worth 1/1000th a price of a BTC (compared to Silver being worth 1/100th a price of 1 oz of Gold). Bear markets are a great way to grow your wealth in the long term. Right now, the market is turning bullish. If you had BTC and LTC holdings before, you would be in the "profit zone" right now. Just remember to never invest what you can't afford to lose, and there should be nothing to worry about.

I was off with your title when I read that crypto was a safe haven, I was like, how? Well, it's so valid with the way you used it, anything that can help you outsmart any situation in your favour and protection is a safe haven, so crypto is a safe haven when it comes to preserving your asset from third-party control like the government or banks.

But we should still be wise on this, that's why you should have been more elaborate about this to educate those who do not know. It's not all cryptocurrencies that can do that for you, as a matter of fact, some are centralised, while many others lied about their decentralisation. You can't own USDT or BNB and think you are 100% safe from issues and authorities, so learn your crypto before trusting it as the safe haven.

I suppose if anyone did want to go all-in it would be best to do so during a bear
market!

---

as to the "generalisation" of Crypto - NO Forget about the word 'Crypto' because that
covers all the $hitcoins bar 2 or 3, In terms of safe haven there is only 1 option - Bitcoin
it has proven thus far to be a very good long term performer.

The focus must be on medium to long term though.
Everyone knows everything else is either static or falling in value.

The market sees BTC as a risk asset, whether thats deserved or not you cannot talk about time frames of a month and hope this leads to a gain.  Its a good idea to hold BTC along with many other assets which can help avoid losses commonly seen in plain cash.

 I wouldnt rely on BTC exclusively and never just short term as you may feel far worse off if the price fell even if you had not lost any of the BTC, its price altering can upset people alot.   The worst case is judging an asset by its price and then selling when the price action resolves negatively.  It is possible that BTC falls for the rest of this year, I dont expect or predict that occuring but Bitcoin has high volatility and it is possible as a scenario.

  Short term is a dangerous time frame from which to draw conclusions unfortunately.

What a good catch 

People that talk like a seer or a prophet aren't supposed to be taken serious here. He probably forgot he ever made such post in the past. You normally end up contradicting yourself when you are not working with facts and undeniable evidence but rely on a mere speculation and presumption.

On this note, you are not the only one on this. I will also mark my calendar now to keep track and monitor this. He has just prophecised what will happen in the next coming thirty days again. Perhaps, I will have to follow up and on notification for both threads and call his attention later.

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.

With due respect to the OP, I don't take his predictions seriously because they don't have any bases. You did well to quote his other thread where he made a prediction, now he has contradicted his claims by making another baseless claim. I think that it's very misleading to put a date to something that you're not sure of it happening and no reasonable pointers that the event will happen within that timeframe.

Cryptocurrency or specifically Bitcoin is not the sole solution to world peace or somebody must hold Bitcoin to stay out of poverty and bankruptcy or whatever he meant to say. Bitcoin is an alternative currency to the existing fiat currencies and also a store of value for those who holds it as an asset. Wealth doesn't center around holding Bitcoin or any other cryptocurrencies, so it doesn't mean that people who don't have Bitcoin will become poor and miserable.

I wouldn't blame anyone that says bitcoin is a safe haven asset or a hedge to inflation because they understand the exponential value it has, and if you check from the history of bitcoin price till date, it has always been in the uptrend. Also, those who were able to invest in bitcoin during the early days are in huge profits and those who didn't invest when bitcoin was $100, cannot use that same $100 to buy what they could buy for $100 way back, because of inflation. As long as bitcoin haven't proven itself wrong that it cannot be used as a hedge of inflation ever since creation, I believe that bitcoin is a hedge of inflation and will continue to be in future.

It seems you are not seeing everything going around bitcoin currently, how it has been used as the central of campaign for election in US, and several Bitcoin ETFs showing that bitcoin will not crash but will continue increasing in value overtime, because bitcoin is still young and will continue to get matured. I see bitcoin as a safe haven in future, because this was how many people didn't believe in bitcoin earlier and they are regretting currently that they didn't invest early. Bitcoin has the power to multiply your wealth in future if you can invest for long and hodl. Gold started just as bitcoin started despite that it has been around for a very long time.

Your advice does sound good in terms of storing assets, but everything must be adjusted to our individual needs so that everyone does not have to put all their money into crypto when basically everyone also needs a place to live and a personal vehicle to run their own business. Because if we think about destruction, this earth can also be destroyed and the internet that already exists in this world can also be destroyed when a major disaster comes suddenly. So we all have to have an adjustment in thinking so that we can put something correctly in any case, I also like to store assets in crypto, but that doesn't mean I have to empty my pockets of the paper money I need every day to buy food and drinks.

Any asset that is highly volatile and high risk is not a safe haven. The volatility of altcoins is undeniable, so no altcoin can become a safe haven. As for bitcoin, although its volatility has decreased significantly compared to many years ago, it is still being dumped by Fud, inflation, war...so it can be said that it is not a safe haven at the moment.

We often advise each other to “only invest in bitcoin with money we can afford to lose”, we clearly see it as a risky investment rather than an asset we can put all our faith in. How can we call it a safe haven when we are skeptical about it? People seem to be confusing investments with safe haven assets.

Crypto is not safe haven and it will never be. Majority of cryptos aka the altcoins are completely useless and without any potential. Any money that enters these shitcoins is at an extremely high risk of dropping down to nothing.

Bitcoin has the potential to be but it still comes at a risk. Even though over the long run bitcoin always goes up, but it still has a volatile price. People who acquire bitcoin should take that into consideration, otherwise those who go crazy and suddenly "go all in" could end up losing a lot of money if we enter a long bear market (eg. like the 2018).

In the fiat standard, the way for you to make sure your hard work, energy, time, and so on won't just go to waste is to spend your money immediately. Immediate gratification is the key. You need to enjoy it because tomorrow it rots, it loses value. You are conditioned to have a high time preference.

With Bitcoin, however, you an actually put off spending. You have the time to accumulate without the danger that what you have so far will become worthless in the near future. On the contrary, its value appreciates over time. Bitcoin has a fixed supply. It is predictable. It is beyond anybody's control and power. It is the kind of safe haven everybody needs in the time of fiat dominance. 

The next 30 days isn't a big deal. Bitcoin is intergenerational.

Don't get too confident in this market because it has still high volatility. Also, make sure that you are only using spare money as it would be a very hard challenge if you need to sell your stash below your buying price if you badly need the cash.

FIFY.

I have to agree with this. Bitcoin is truly a safe haven for those who can manage well their investments, but for those who are just here to satisfy their greed for instant profits, I'm sorry to tell you bitcoin will never give you a safe haven feeling.

However, since we are now in the last quarter of the year and it's obvious that the market is experiencing a bullish season, hence seeing it as a safe haven makes sense. But never forget that after this season, a bear season may also come in. If you can manage well the bullish scenario, make sure you put more efforts and understanding when it comes to bearish scenarios.

No because crypto are highly volatil and can be easily lost and robbed unfortunately, so I would call that a safe heaven asset. When you invest in those assets you take risks, you can get hacked and scammed and you can even get some troubles with banks when you cash out, not to mention platforms, casinos and exchanges especially, locking funds of users for no reason and asking endless private KYC documents to unlock them.

Op, I have to disagree with you, crypto isn't a safe heaven for anyone unless if that person knows how the market works. Even in these 30 days nothing is guaranteed in crypto world, instead of going upward the market could go downward anytime again. There's even chance that Bitcoin might see some dips as that's also possible. No one is fully sure that what's going to happen next in crypto world and that's why it's not good to make topics where you say such things confidently.

Bitcoin is the safe haven and not cryptocurrency, our wealth should be held in Bitcoin and not other cryptocurrency. Hodling other cryptocurrency is a risk too because they can crash or lose value with no hope of growing back to the old price but you can be certain that it'll not be happening with Bitcoin hence Bitcoin is the only safe haven cryptocurrency and not all cryptocurrency.

There have been many cryptocurrency that people have lost money hodling and as we get into the bull market, there's also going to be more cryptocurrency getting introduced to us and people will think, they're safe to invest in them but will regret the decision in the bear market when the markets begin to lose investors and prices of cryptocurrency lose value rapidly.

I'm not so positive about the short term. There are too many variables affecting short term pricing. The outcome of the US elections on one side, the war positions of Israel and Ukraine on the other side, the global economic crisis on the other side. Bitcoin is always a safe asset for me, but I don't think the same for other coins. Altcoins show very serious movements in price fluctuations. For example, there are a few big meme coins I follow, they can drop 15% while Bitcoin drops only 3%.

Isn't this what we've been talking about? to HODL and everyone who has new this will prove that it's been a helpful strategy ever since.

You're scaring people as if many of you are going to experience something wrong with your assets. It doesn't go like that. What will be in trouble is the one that's careless.

I agree but Bitcoin is.

As the month of October has come to an end, Bitcoin has started to move down from the market highs. Bitcoin may move into a dumping situation in November following October.  But if investing in October is a safe zone, then whether investing in Bitcoin in November actually becomes a risk. However, those who invest in Bitcoin must consider the cryptocurrency safe zone for long-term investment.

OP if you say Bitcoin is a safe heaven I will agree but crypto you mentioned has changed the whole idea because there is no way somebody will use the money they would have acquire properties to put all into crypto knowing that crypto is not something that's worth putting your hope on, however I'm curious to know how crypto will be a safe heaven within the next 30 days as you said on the title?, actually I no that you are saying from the view of the properties that has been destroyed because of the war that's currently happening but that doesn't mean that other countries will still face the same thing, so anybody who have a physical assets and business shouldn't get worried about any unforseen war that would claim all their properties and businesses because something like that doesn't happen just like that.

OP you are used to making predictions without backing up with relevant proofs. I am still waiting for this prediction to happen in the next seventeen days.


Why would you be saying now that crypto assets are a safe haven for thirty days when you have already predicted that Bitcoin price will crash in seventeen days? Do you have a further explanation about your former prediction? I would like to hear more because I am interested in Bitcoin hitting $117k and ending in the Middle East and Ukraine on November 17th.  

He is talking about crypto not just bitcoin and even if it was bitcoin it is not a safe haven. How can a highly volatile asset be a safe haven? I don't think that's a wise idea and we should be realistic that bitcoin cannot yet be considered a safe haven or store of value. It's true that bull season is here and everyone is optimistic, but what guarantees are there that bitcoin won't suddenly be dumped if war breaks out or inflation suddenly spikes again? Do you see any assets that are considered inflation hedges being dumped during times of inflation or economic crisis?
Given its high volatility and sensitivity to world news, bitcoin remains a risky investment rather than an inflation hedge as we often say.

Yeah, it’s definitely a safe haven, but why just for the next 30 days? If it’s truly a safe haven, it makes sense to invest in it long-term to hedge against inflation. Bitcoin’s on a bull run right now, so it’s natural to feel bullish, but we have to keep the big picture in mind - Bitcoin also has its bear seasons. If we can’t handle those, then calling it a safe haven doesn’t quite hold up.

Yes a lot wealth on the world is rotten.
Banks could go bust properties assets could be destroyed and much more + russian west economic sanctions and taking assets + money of each others.

You hold your wealth in crypto you manage to save your wealth If not then your years of hard work could go just waste so people who don't have crypto will be in serious trouble get cryptocurrency and debit card to spend your crypto instantly. 
People learn hard way that crypto is safe heaven.