I think bitcoin is not a safe haven for my assets, Bitcoin is a profitable form of investment and all forms of investment are risky.
Looking at the price list of bitcoin we can see that the price of bitcoin increases and decreases continuously, which shows that bitcoin can bring you big profits but it is also risky.
If anyone wants to put all his money in bitcoin, I think that would be an unwise choice.
Topic: Is Bitcoin a Safe Haven for Your Money? - page 6. (Read 1604 times)
although I am a supporter of bitcoin but I don't agree if bitcoin is considered the safest place for our money, something that uses digital is mostly risky especially if you are not careful, in my opinion the way to secure our money is to buy property like land, some banks also have guarantees from the government so it can also be to secure our money.
Yes, bitcoin for me also was not a safe place for all of ky money. Why? Think about it, what if you lose your private keys of your wallet or maybe your place lost the internet. How can you access and used your bitcoin now right? I Just used bitcoin as another way of financial income. 
It has been discussed for years that is bitcoin good for securing our assets? Well let's be honest bitcoin price is too volatile, the price is changing so quickly, however, your coins will be safe and can't be taxed but when the bitcoin's price down your asset losing its value, that's why I don't think it's good for securing your money. The best alternative might be Gold which has been used since a long time ago.
Yeah, these kind of questions been raised nor asked for how many times already about if Bitcoin is worth for storing up your assets?Its NO!Theres no such thing about safe haven even we do saw on how it do increase its price over the years but doesnt mean that its capable on
giving out guaranteed returns or profit on your money that been stored in btc.Take this as an investment with particular level of risk.
Don’t find much info in the article apart from impact of Irani Gen killing on bitcoin price.
My take on this subject is that I am investing some portion of my savings into bitcoin not all my savings into bitcoin. So far my investing in bitcoin is going good as I am only a HODLER.
My take on this subject is that I am investing some portion of my savings into bitcoin not all my savings into bitcoin. So far my investing in bitcoin is going good as I am only a HODLER.
It has been discussed for years that is bitcoin good for securing our assets? Well let's be honest bitcoin price is too volatile, the price is changing so quickly, however, your coins will be safe and can't be taxed but when the bitcoin's price down your asset losing its value, that's why I don't think it's good for securing your money. The best alternative might be Gold which has been used since a long time ago.
For now, I can't say that I am ensured that my money is safe regardless of what wallet I am hodling.
It isn't because of the safety that I am having issue of. I could just isolate it in a safe if I wanted an almost 100% security, but the thing is the price is volatility. Unless we're already having plenty of adoption of Bitcoin worldwide, but I don't think I am yet comfortable with the volatile nature of Bitcoin.
It isn't because of the safety that I am having issue of. I could just isolate it in a safe if I wanted an almost 100% security, but the thing is the price is volatility. Unless we're already having plenty of adoption of Bitcoin worldwide, but I don't think I am yet comfortable with the volatile nature of Bitcoin.
A safe heaven ? Nothing can be safe in this world and Bitcoin is no different as you can lose your money in Bitcoin instantly without having chances to get them back so I think Heaven Safe is a little more for Bitcoin current situation. I would say that investments are wise-made into Bitcoin when it comes to keep your assets in safe places but some of investors are choosing to keep their coins into exchange wallets so until we reach a new safe zone for wallets/exchanges/investors, I cannot consider Bitcoin A safe Heaven investment.
Thanks for sharing,I personally believe that Bitcoin is more secure than fiat.There are real platforms for Bitcoin where i can save and earn from Bitcoin without any third party.Nexo and Binance offering ataking and lending service and you can earn handsome amount against your BTC.Bitcoin is life changer if you have patience to hold and stamina to collect the BTC.May be some not agree with my opinion but i believe Bitcoin future is bright.
No it isn't safe because Bitcoin/crypto or any investment have it's own risk.
Not just the price fluactuation but also the security of your funds so you should be careful on where you would put up your crypto.
Not just the price fluactuation but also the security of your funds so you should be careful on where you would put up your crypto.
I honestly think that other words are not safe, putting money on bitcoin is risky, but also potential. what I mean is, when you put money in the form of bitcoin, it can decrease because of the volatile price, but it can also increase. that's why bitcoin is only recommended as a transaction tool and as an investment tool. however, it depends on the people who have it, some consider it dangerous because it becomes the target of hackers.
When we buy Bitcoin, our money will be full of risk, the risk of being hacked, the risk of falling prices so make the value of our assets to be reduced. But there are also many people who dare to take risks to save their money in Bitcoin, They make it a long-term investment with Bitcoin. 
8 years I save my money in bitcoin and often move my funds, bitcoin really keeps my money better, but to be honest I won't sell it before the price is really high or throw it into junk when it becomes $ 0, so I get free bitcoin and did not buy it, so far my money in the form of bitcoin is stored as well as possible, because I feel bitcoin is a safe place for me to save money all this time in my opinion, I will retire soon in the next 2 years 
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I honestly think that other words are not safe, putting money on bitcoin is risky, but also potential. what I mean is, when you put money in the form of bitcoin, it can decrease because of the volatile price, but it can also increase. that's why bitcoin is only recommended as a transaction tool and as an investment tool. however, it depends on the people who have it, some consider it dangerous because it becomes the target of hackers.
If you are using bitcoin wallet for many months or years then it is actually a safe haven for your money if you even have a lot. you can store it in your wallet and earn profit without a single move in it. but you already aware that you can feel more safe if you are not careless and you have more secure to your funds.
Bitcoin is not a safe haven for our money because of the risks and the volatility of the price. We may see it in down and declined price so before we get into bitcoin we should know it's risks. We should know how to keep safe our bitcoin because of so many scam these days. Even we have seen the flow of bitcoin many users are still having it as investment.
Nice video and the article!
https://cointelegraph.com/news/is-bitcoin-a-safe-haven-for-your-money
Must watch
for all of us who has been in trust for bitcoin years now?sure this is the safe haven of our money(actually our excess money because i only invested here the amount i can afford to lose because i even spend more when i was in gambling so what more in this futuristic currency?)so basically if all of us to answer?you will get the same,and about the Link no thanks i am not opening links from newbies. https://cointelegraph.com/news/is-bitcoin-a-safe-haven-for-your-money
Must watch
although I am a supporter of bitcoin but I don't agree if bitcoin is considered the safest place for our money, something that uses digital is mostly risky especially if you are not careful, in my opinion the way to secure our money is to buy property like land, some banks also have guarantees from the government so it can also be to secure our money.
Yes, bitcoin for me also was not a safe place for all of ky money. Why? Think about it, what if you lose your private keys of your wallet or maybe your place lost the internet. How can you access and used your bitcoin now right? I Just used bitcoin as another way of financial income. 
Topic: Is Bitcoin a Safe Haven for Your Money?
Since I know Bitcoin, until now there have been no obstacles or things that are detrimental to me, especially in the storage or wallet that I use.The members here have a trusted bitcoin repository for each of them, as well as you.
If, I see from your topic, I can say that the title is a bit chaotic, Bitcoin has no place, digital currency bitcoin / crypto assets are traded.
So, a more suitable title is, what is the name of the place / wallet that securely stores Bitcoin for you, maybe.
Btcoin has demonstrated to be a store of value and it is definitely a safe haven for any fiat. If there is any bad news like war, what big institution rely on is to convert their capital into Bitcoin which makes it act like a safe haven
But its price volatility makes it a high risk investment. You should know what you are getting into before you convert all your fiat to bitcoin. Though bitcoin stand out among cryptocurrencies, but the stability of its price in the market is one drawback. It is good if the price is in continuous increasing trend but what if when the time comes that you need to encash and the price is not something you expected? So what I am saying is just prepare yourself for all possible scenario because bitcoin is a high volatile investment.
I'm not a investor so I do not see bitcoin as a safe heaven. There is always risks in all types of investment, I do not consider it as safe asset because for me anytime the market can crashed. I'm a mere trader who always finding opportunities to make profit. My definition of safe asset is it is an asset that can guarantee the safety of my funds. But the volatiliy of the bitcoin is too high and it is the reason why it is not a safe asset for me.
Long time investment in Bitcoin is safe, If you were investing when Bitcoin launched in the market, you would be a millionaire today.
If you invest in bitcoin today, then it Can be conceived that you will You will become a millionaire within 1 or 2 years. but a minimum skill about trading is required.
If you invest in bitcoin today, then it Can be conceived that you will You will become a millionaire within 1 or 2 years. but a minimum skill about trading is required.
Jump to: