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.
Topic: So is Bitcoin a SAFE Asset? - page 4. (Read 3289 times)
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~
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~
Bitcoin is not a safe asset because it is not stable. But its instability has its own advantage the tremendous price inflation. Though it holds some risks I will not stop at bitcoin since it provided me with extra income opportunities. I am not buying any bitcoin since then but earning them through online jobs. Safe asset or not safe asset I will still engage in bitcoins since it means additional income.
I don't think bitcoin a safe asset because volatility in price is so high at current stage and price is not only moving upward. Price has jumped like more than double in this 1 year period but we also shouldn't forget price going down from 1200$ range back to 200$ before within less than 1 year time period.
That's the issue with me too as I am a student and am not sure what's the right price to buy coins at. I first doubted that bitcoins would reach below $180 and now I bought coins at $650 and fear it may again drop. I don't want to be at a losing end and hence only invest a small amount every month in bitcoins.
bitcoin is definitely not a safe asset, but it is not safe yet. as the article itself suggests bitcoin has the properties desired in a safe asset so i believe that It could be the next big safe asset.
besides bitcoin has many more attributes that makes it so much better than any other asset like gold that you want to hold. you can easily spend bitcoin but you can never spend gold!
besides bitcoin has many more attributes that makes it so much better than any other asset like gold that you want to hold. you can easily spend bitcoin but you can never spend gold!
nah. the only people who believe that are those who are so deep into bitcoin they no longer have any objectivity.
the rest of the world either doesn't know, doesn't care and maybe a small minority is watching with some interest. if people were running to bitcoin like gold then we'd have absolutely crazy price rises. just think how much money it takes to move gold the way it has in recent times.
the rest of the world either doesn't know, doesn't care and maybe a small minority is watching with some interest. if people were running to bitcoin like gold then we'd have absolutely crazy price rises. just think how much money it takes to move gold the way it has in recent times.
Bitcoin is not only safe Asset, it is much worth than a Gold. As you know,gold prices takes a lot of time to rise whereas see the bitcoin prices. They can be double the value in a month or so.
bitcoin is safer when you store it on paper wallet etc. and some of the countries it should be legalized , price wise it is fluctuating, so always buy at when price is low and sell it when goes high.
I think bitcoin can not be a safe haven asset because there is no guarantee that make our money safe. For the short term may be safe but in the long run I do not think so. Because there is no guarantee from the government and the fluctuations that are too often can make a loss if it does not make buying and selling.
it depends on the people if its safe or not . bitcoin is easy to change to local currency with exchanger. if youll active in trading you will get profit with the volatility of bitcoin thats the good thing of it.
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~
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~
Here in the Philippines I would consider bitcoin as a safe asset. We have a so called peso wallet that freezes the bitcoin in its current value and cannot be affected by the changes in the market value. I come to bitcoin due to my financial incapability and when I am not financially short I hoard my btc as savings and possible increase
for me bitcoin is a really safe asset in my opinion because its worth is going to grow a lot in the future
Just stop make a shit post like this, this is a common opinion and many people has recurred about this post in every topics in this forum, how you can call if bitcoin is an a safe asset only considered from your prediction if bitcoin is worth and growing a lot in the future. it's just the only prediction no one can take this become main reason to included the bitcoin in safe assets.
It's a store of value that doesn't necessarily coincide with the stock market. That's where you can consider it a safe asset. In terms of volatility though if course it's not 'safe'.
Bitcoin is too volatile in order to be considered a safe asset.
So is bitcoin really a safe asset? This question is difficult,im sure answers differs a lot.
It is not very safe there is no doubt,because,on one hand bitcoin is something new,what you cannot deny.
But the bitcoin market is already so big,and pumped with money it is not unsafe too.I would say it is rather safe.
It is not very safe there is no doubt,because,on one hand bitcoin is something new,what you cannot deny.
But the bitcoin market is already so big,and pumped with money it is not unsafe too.I would say it is rather safe.
nah. the only people who believe that are those who are so deep into bitcoin they no longer have any objectivity.
the rest of the world either doesn't know, doesn't care and maybe a small minority is watching with some interest. if people were running to bitcoin like gold then we'd have absolutely crazy price rises. just think how much money it takes to move gold the way it has in recent times.
the rest of the world either doesn't know, doesn't care and maybe a small minority is watching with some interest. if people were running to bitcoin like gold then we'd have absolutely crazy price rises. just think how much money it takes to move gold the way it has in recent times.
for me bitcoin is a really safe asset in my opinion because its worth is going to grow a lot in the future
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~
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~
What do you mean safe here? safe from thief or safe from price?
I think if bitcoin safe from thief because if you are not using any computer or visit the websites contained malware may bitcoin you will not be stolen. But for price i dont think so, many players in bitcoin moreover some exchange that often plays a bitcoin prices. Thank you
Bitcoin is never a safe asset. Only those with stable value can be considered a safe asset since their value would most probably not change dramatically since they are 'stable'. Bitcoin's value, however, is highly volatile. It changes from time to time and would only be stable for a really short term.
But for me bitcoin is a safe asset, as I have joined bitcoin and added all my money into there a month ago and I did not felt any risk at there, I yes at some time the price dropped but before that I earned a lot of profit from there, I think before the fall of the price I earned about 100% profit and when the price dropped I lost about only 15% , so how will we say that bitcoin is not a safe asset?
Bitcoins aren't recognized by banks which makes it an issue and if a user's bank asks us for a proof or the source of these transactions, it will be difficult for us to show any proof. That's why it's not exactly safe to hold bitcoins due to the legal problems that can arise. With regards to the price, I do agree that we have earned more profit rather than losses but we can't say about those who bough coins above $900. 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 is not safe aset, but if you know how to play in bitcoin volatility it's good for you you will get profit in it.it depends on the people how to be safe with your own bitcoin take risk and careful. 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~
the terrible things for bitcoin are people could losing all their bitcoin with small possibility to get it back also holding bitcoin for long term doesn't guarantee will automatically get profit because bitcoin prices really unpredictable and from those things i have to say that bitcoin is not safe asset
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