Bitcoin is a volatile asset, but in short term. If you want to hold bitcoin for a long time and not selling, it is a store of value. Bitcoin price has proven that up to now.

Bitcoin is superior to gold because its total supply is limited and not more than 21 million in total. But gold is still superior because it is the asset with the largest marketcap in the world.

Let's go by one definition:

A quick look back how Bitcoin performed during the high inflation period in 2022-23 and it's nowhere near the definition.
If you have the market cycles Bitcoin has had till now, you can consider it anything but safe asset, it does work if you spread the definition to long-term 4-8 year cycles, but if you go by that then pretty much every company in the stock exchange is qualifying like one. CocaCola is the leading safe asset in the world, with continuous growth for a century by that metric!

Let's go over more, without the heaven part:
Not fitting in any of them!

Bitcoin is a good investment, it does provide returns over long period, it is safe, but simple it simply doesn't fit the definition, calling it such a thing right now is just wrong!
20 years from now on  asvolatility will be probably one fraction of it, when adoption and liquidity will make swings based on some Twitter noise close to impossible, sure but it's just far away from it at this point..

Tbh I don’t know what is fully safe anymore. Gold and bitcoin are as safe as you can get but even these assets have their weaknesses. Alphabet (google) lost 10% of its market cap recently. This is very alarming imo. If the conflict between Israel and Palestine spreads, we may see very wild moves in the markets. This reminds me of the covid drop which we had in 2020. These might be the last days of capitalism. We are only 6 years away from 2030. By 2030, we will not own anything they say. Maybe they will accomplish it successfully. A nuke here, a nuke there and suddenly everybody becomes as obedient as a sheep.

Yeah, I'm not sure either. Safe haven aims to secure assets with minimal risk. The goal is to secure the value of his assets, not increase his wealth. In essence, the value of his past and present assets is the same or only slightly reduced. So I think gold is still the best choice to save assets from decreasing value. Correct me if I'm wrong

Bitcoin is indeed a safe haven for "now". The reason is because of the fact that the price of gold over the last 5 years has risen only around 60%, while Bitcoin in the last 5 years has risen around 350%, in the last 20 years the price of gold has risen around 431%, while Bitcoin in the last 10 years has risen around 22,250%, so you can concluded that Bitcoin is better than gold.

But remember, no system is 100% safe. Gold tends to be stable, because it is a clear, multifunctional asset, many people still use gold as a safe haven. Even though the decline will not be extreme like Bitcoin and vice versa. But don't just think about safe havens, you should also consider the risks.

“Trust” is a complicated word, and its meaning is different for everyone. I can only answer this question when I start to believe and understand Bitcoin and if talking in the long term I consider that Bitcoin is a safe asset and can store value and that has been proven.
And if I had to choose gold or Bitcoin, I would choose Bitcoin. Because it has been predicted and confirmed that the long-term increase in Bitcoin prices will be much higher than gold and is very safe and comfortable, I think so.

It's dark but it is what it is!
Inflation was not a problem till February 2021, it was in the ~1% range, Bitcoin touched 50k as inflation kept creeping, Bitcoin reached the last ATH as we had 5% inflation, then it went down with every month or higher, and higher inflation, the worst months of inflation saw also Bitcoin price going down from 40k to 20k.
We're bouncing now back in times of lower inflation, again under 3% as the previous run,  33% from the peak in June, so if anything, Bitcoins get better returns with lower inflation than higher!

In the month with the highest inflation recorded, we also had Bitcoin drop from 30 to 20k, safe heaven asset not so much!


Yes, but you're looking at a period when inflation is coming down.
So rather than BTC smoking anything you might think of money coming in BTC because the high inflation period is over and growth is resuming once the fear is over.

Bitcoin is not a safe heaven asset. It is super volatile and it can go to any direction at any point of time. Safe heaven assets are usually stable in nature and gives you capital protection. For example gold can be considered as a safe heaven asset because of less volatility and past returns.

If you want capital protection and piece of mind invest in Gold and not in Bitcoin. You can definitely invest in Bitcoin to get good returns but you need to remember that Bitcoin can show you losses as well.

What a topic title, I would say Bitcoin is life. At least in my case my biggest exploration so far is Bitcoin, and I expect more in the coming time. I've learned most of the finance from this form and in my financial planning Bitcoin holds a major role to play, I'm preparing myself in multi-dimension to test myself with Bitcoin and my financial strategies.

I'm hoping for promising outcomes, and I'm pretty confident about it as well, before getting married I have some decent goals to achieve and all this will be possible with Bitcoin (InsAllah with Allah's blessing).

Hmm, although I understand your point, I don't think it's quite true. Bitcoin is still a volatile asset and an extremely unpredictable one as well. For instance, Blackrock could ultimately reject Bitcoin's ETF listing and send it into a downward spiral. However, I understand that your opinion stems from the idea that, so far, it keeps recovering and cannot be a simple coincidence. That's true, but there isn't enough statistical data to make assumptions for the distant future.

I deem Bitcoin a relatively stable and safe investment, something similar to the S&P 500 index, which has been showing an increasing trend over the last two decades. Does that make it a safe haven? Probably not, and it's exactly how I feel about Bitcoin too. Just because both the S&P 500 index and Bitcoin have been showing an increase in value over the course of the years, it doesn't necessarily mean that this pattern will always follow.

In terms of investing in the crypto market, Bitcoin is no doubt a safe haven compared to any other cryptocurrencies. But if we're going to compare that with any other assets, we can't remove the fact that Bitcoin has always been volatile and that's not going to change. Anyway, IMO, my understanding tells me that it actually is and those traditional assets that we have can also be volatile as they can be just as Bitcoin. Because they're also moving just like how it moves together with the trend in the global economy.