Bitcoin Is Not A Safe Haven

Bitcoin Is Not A Safe Haven by @taskmaster4450 on 3Speak

▶️ Watch on 3Speak --- Is Bitcoin a safe haven? This is something that some want to espouse. To me, this follows the medium of exchange mantra we heard for so long, which ultimatley was proven to n...

Tags: #leofinance #bitcoin #safehaven #stocks #crypto #mancave #neoxian

Comments

@thelogicaldude: I completely agree with you at this point. Bitcoin and Ethereum are just an income trade for me. It's what I focus on trading, but I don't hold any of it for long term. I am too busy at this point putting my earnings into my homestead farm and the things I need for here. Those are the only safe havens for me at the moment. Everyone is going to see things differently though, so it is what it is. As far as crypto, honestly the major stablecoins are the only real 'safe havens'.

@crrdlx: Bitcoin may not be a "safe haven", whatever that is, but I look at it in this way: if gold was only 15 years old, and I have a chance to invest a couple of dollars in this immutably finite asset, should I? Gold has been an investment for about 6000 years of recorded history, with bitcoin we have a chance to get a few sats only 15 years in. At this early point, it might be considered irresponsible to NOT get "off zero", that is, to get a few sats.

@bbhbot: @taskmaster4450! @fiberfrau likes your content! so I just sent 1 BBH to your account on behalf of @fiberfrau. (5/20) <! <img src="

@latinowinner: But it has stood the test of time (15 years old now), with massive world wide adoption including the big names of Finances so it is here to stay

@outwars: Just looking at the chart and volatility of BTC, I don't know why anyone would even consider it a safe haven. I think anyone who bought in 2021 and weathered the bear market will also tell others how it isn't a safe haven. I don't even know if there is even any safe haven in crypto with how volatile the whole market is.

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