Topic: So is Bitcoin a SAFE Asset? - page 3. (Read 3289 times)
It is the most safe ont eh planet objectively since 1 BTC = 1 BTC and nobody can steal bitcoin from you, given that you take the required security measures. If you do that, nothing comes closer to the feel of knowing you own what you hold. Everything else depends on someone hoarding it for you.
Definitely yes! since I joined in crypto world I considered bitcoins as one of my assets thats why I said its more than a treasure.
An assets that can produce income, can give savings, and very useful in different mode of payment.
An assets that can produce income, can give savings, and very useful in different mode of payment.
In Fact Bitcoin Is Very Danger Asset Because Bitcoin Price Is Raise And Down
If Suddenly Down That Will Harm The Investor
The investment will always have the advantages and disadvantages, but for me, asset is different with investment. I never interested to called bitcoin an asset because it's not true, the assets always have the same value and get any impact from the situation. otherwise with investment If Suddenly Down That Will Harm The Investor
In Fact Bitcoin Is Very Danger Asset Because Bitcoin Price Is Raise And Down
If Suddenly Down That Will Harm The Investor
Bitcoin has many negatives to it like price fluctuations, legal issues, illegal trades that take place with this currency and wallets that can be hacked easily and transactions not being able to be reversed in case of scams. If Suddenly Down That Will Harm The Investor
But despite these facts, bitcoins help us to earn a lot of profit because of its volatality and it is not taxed, thus, helping us to earn maximum bonus from our money.
In Fact Bitcoin Is Very Danger Asset Because Bitcoin Price Is Raise And Down
If Suddenly Down That Will Harm The Investor
If Suddenly Down That Will Harm The Investor
Nah, bitcoin isn't really all that safe as an asset. If you need proof, look at the price. Safety usually equates with stability. With the volatility inherent in bitcoin price since it's inception, there is alot of profit, but that profit comes with an asstonery of risk. News moves the price entirely too much at the moment; we need more users and less speculation.
Bitcoin is safe as long the miners keep their protection, the core should start to care about the next system that will protect bitcoin. Bitcoin has huge potencial and its just on its 7 year alive, soo its just a child. Bitcoin is a good option to invest as gold, but there are always risks around any investment, with bitcoin isnt different.
With cent percent assurance we can't say bitcoin a safest asset. It needs to be converted to fiat depending upon the price fluctuation. Its better to consider it a short time investment.
But for long run investment I have got good results, you can notice all of those who have their coins from about 5 or 6 months have got the double amount of their money with bitcoin, and those who have invested for shorter periods earn little amounts.
to me it is really a safe assert no doubt about this. i can see that most of the people are investing in bitcoin and that is the proof that bitcoin is so safe. in coming future i am hopeful that bitcoin will more safe than the present position.
Bitcoin is not a safe asset as in a store of value with a stable price attached to it. Not in the slightest actually. As it stands right now Bitcoin is a highly volatile commodity mostly used by speculators who mostly participate in pump and dump schemes thus the high fluctuation in price. I don't think Bitcoin is a stable asset in uncertain economic times, it's certainly a high risk-high reward venture that can make you win a lot or lose a lot. I wouldn't like my livelihood to depend on it and I am not investing all my worth into Bitcoin for now.
Yes indeed, and one thing. Bitcoin was just some currency and there will be a time that it will not used. Many will consider this as safe asset because it is the most popular crypo-currency today. And there were times that new currency will appear and bitcoins will not be used or rarely be used causing its market price to drop and can cause a huge money lost to those who holds a large amount of it. I can only say that we grab the oppurtunity to have profit now where bitcoin is in demand so that when time comes, you will have a positive outcome.
bitcoin is not safe asset but its much better than fiat. in bitcoin if you know how to play with the volatility of bitcoin you will earn profit theats the good i like with bit coin not like fiat currency.
i suggest you to read the article first and then jump to a conclusion.
i agree that bitcoin is not the safest asset but it can become one of the safest assets which is also a lot more convenient to use, or invest in.
What would happen if there's suddenly a massive dump? Prices could theoretically fall back to under $10.
bitcoin is not safe asset but its much better than fiat. in bitcoin if you know how to play with the volatility of bitcoin you will earn profit theats the good i like with bit coin not like fiat currency.
i suggest you to read the article first and then jump to a conclusion.
i agree that bitcoin is not the safest asset but it can become one of the safest assets which is also a lot more convenient to use, or invest in.
there are no 100% safe asset, every investment contain risk, it just the matter whether it is a big risk or small risk, and for me bitcoin opportunities to shine still open brightly in the future, so i would say bitcoin is a good investment, but as i say there are no 100% safe investment
That's true but there are some assets which are basically that safe that you cannot lose on themGold is nice idea,it is safe but price may fluctuate a lot,you can call a debentures a safe asset's,you cannot lose on them.
there are no 100% safe asset, every investment contain risk, it just the matter whether it is a big risk or small risk, and for me bitcoin opportunities to shine still open brightly in the future, so i would say bitcoin is a good investment, but as i say there are no 100% safe investment
With cent percent assurance we can't say bitcoin a safest asset. It needs to be converted to fiat depending upon the price fluctuation. Its better to consider it a short time investment.
bitcoin is not safe asset but its much better than fiat. in bitcoin if you know how to play with the volatility of bitcoin you will earn profit theats the good i like with bit coin not like fiat currency.
All forming of the asset is not safe, always having a blind spot. for you can thing bitcoin is much better than fiat but different for another people. the volatility price of bitcoin is the advantages of bitcoin and it's very useful for a lot of people. bitcoin is different with fiat. but fiat is easy to use in every place or merchant than bitcoin. 
If you think unstable bitcoin price isn't big problem, then bitcoin is a SAFE asset.
Otherwise, you better find another safe asset such as gold.
Otherwise, you better find another safe asset such as gold.
Agreed, what makes something a safe asset is its stability and consistent numbers that allow it to be predictable. With bitcoin, no one knows exactly what the price will be in the future because its so volatile and changing. Its currently unstable unlike gold with a price thats rarely changing, so bitcoins not a safe asset.
bitcoin is not safe asset but its much better than fiat. in bitcoin if you know how to play with the volatility of bitcoin you will earn profit theats the good i like with bit coin not like fiat currency.
If you think unstable bitcoin price isn't big problem, then bitcoin is a SAFE asset.
Otherwise, you better find another safe asset such as gold.
Volatility and the long-term unknowns involved in bitcoin's development stop it from being considered a safe-haven asset like gold, but if you can make good profits from this fluctuations then it can be a safe asset. Otherwise, you better find another safe asset such as gold.
I read this article the other day: https://www.cryptocoinsnews.com/bitcoin-safe-asset/
Read it and come back here, let's discuss this question together.
Do u think Bitcoin is a safe asset?
The article defines it this way:
How do u perceive the Bitcoin?
~CfA~
Bitcoin being in it's growth phase isn't a stable asset as of now, but in my opinion is the future of global economy.Read it and come back here, let's discuss this question together.
Do u think Bitcoin is a safe asset?
The article defines it this way:
Quote
A safe asset is one people go to during uncertain economic times. In normal times, a safe asset is one that people hold despite a low return rate, possibly due to its use as a hedge, or liquidity characteristics.
How do u perceive the Bitcoin?
~CfA~
We're still realizing the value of bitcoins, and it's high volatility is exploited to make profit. I believe though, it shall be the safest asset at one point in the future.
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