I tend to agree with you in the long run if the price goes up, but this is not sure and we see many 10, 20% or even higher flash crashes during the last few weeks only and there are multiple examples in the BTC history with the price volatility ranging even to 50% in one day. Of course, it has bounced back up slower or faster, but it is hard to call such an asset a save haven.

I keep repeating my theory from the opening post that this huge volatility is caused by high leveraged trades and their liquidations. Such big flash crashes start from a big sell-off and are continued by the liquidation logarithms, with big enough initial dump speculators on the crypto market can cause such insane flash crashes, like this one from 13 March, which could plunge BTC price almost to 0$ if Bitfinex would not take the switch off.

I would rather retain my holdings than going along with this scammers because this is inhumane and not a basic way in joining these scammers moving their BTC.

why need to listen to those telling you this and that? remember you have been here in crypto for how many years now and you experienced the advantage of being bitcoin user or holder.


this market or Bitcoin is safe haven if you know how to manage your crypto,if you know what Holding means and how selling the coins when there is a pump.

I think and I consider bitcoin as the safe haven because I already started on the topic I recently created on that which is the bitcoin uses to save their money because it is more efficient and safe than the use of the savings. Some of the people don't want to use the physical money or the paper money because they know it is dirt and came from the different people that already have a virus and as a person do you make any sanitation in that? Of course, no so why not use the digital currency and there is no aspect of having a physical interaction on the money and the came from the receiver and sender of the money. Many people today are already adopting the use of digital currency most of the stores today are using this to make easier and transparent transactions also it is more secured than the use of the traditional way or banks.  Also using the bitcoin is good too because the market is volatile there is a chance that you will get a huge market income when you bought when the market price reaches the dip of the coin. But still, the market volatility can become your friend and sometimes an enemy so take care of it.

Indeed, most of the people consider bitcoin as an investment and to provide my own definition of what a safe haven is, it is a storage of asset that you can use especially in times of needs and when storing huge amount of funds to keep it in a long time without decreasing its value. Bitcoin is too volatile and how come it can sustain your asset? I am not against bitcoin but I think bitcoin will be more fit in terms of daily use and transactions because with its volatility, your funds might not be the same value when you need it.

To many debate regarding on this talks and some answer are good but actually I like your given opinion since this is much near to reality maybe the other think about bitcoin is safe due to some pumping times happening but they forget on how many times the price dump and situation will be change for that if you store your funds on bitcoin only since as you said you will might not get the same value when you start storing it and chances for you to lose when sudden fall occur.

And for the others who says its safe haven do you think guys its safe to store if you know the risk that might you will lose money? Well for me its a no since I define safe as stable one.

I think that soon we should be convinced of this when we enter the period of a tough global economic crisis. In the context of a sharp increase in inflation of the common currencies of states, a decentralized cryptocurrency can become a good refuge for preserving monetary savings of citizens. We have been talking about this for a long time and for the first time we will be able to see it in practice.

Safe haven is like a paradise where you will not have any losses in your assets and there's no such things as that. When we talked about investment, there is should always a risk that we need to deal with. Investments are not a 100% profit, it depends on how you will deal with the market, but if you will treat bitcoin as a safe haven, then you should hold it for a long period of time. In order to do that, you need a lot of patience in order to achieve profits. Bitcoin can secure your future once you believe on its ability as a store of value, but sometimes you need to make it grow by making transactions.

That $9000 can still increase sooner or later depending on those factors that can affect its price.

This month, I'm glad that its price is stable about $9000+.

I think bitcoin is a safe haven, because other safe events seem to exhibit negative and risky correlations such as stocks, oil or high yields, but bitcoin doesn't show any related articles other than cryptocurrency. Bitcoin can break even higher prices and always corresponds to good moments.