Bitcoin is Not A Safe Haven and That’s OK

Bitcoin is Not A Safe Haven and That’s OK

There has been a lot of talk about investors looking to Bitcoin as a safe haven for their investment portfolio. Safe haven markets are very small and hard to get into. Bitcoin may not fit that bill as perfectly as some people think it does. Now that the Brexit doom scenario has happened, there is a lot of uncertainty across the markets. Gold is surging,....


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Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a...

A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere Group CEO Nigel Green is a big believer in crypto assets like bitcoin (BTC) and he’s been more vocal about his forecasts in recent days. Last August, news.Bitcoin.com reported on Green explaining why he thinks the U.S. presidential election would have....

Bitcoin Price Watch; Responding With A Safe Haven

Here's what impact the Brexit poll has had on the bitcoin price, and how we are going to respond to the vote from a trading perspective. So it looks as though the UK is set to leave the European Union, after its people voted in a slim, but important, majority on the side of the leave campaign. We have said a few times that bitcoin might play a part as a safe haven asset. On a few occasions over the past couple of years, this has proven accurate. Price has gained a global economic uncertainty pushes people to transfer value from one asset, a riskier one, to another, a safer one.....

Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin

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Bloody Altcoin January Shows Why Bitcoin Remains The Crypto Safe Haven

Bitcoin has outperformed all crypto Market Cap-Weighted Indexes in January as traders turn to less risky assets amidst fear over the Federal Reserve tightening, thus the king of digital assets claims its position as crypto’s safe heaven. Related Reading | Bitcoin Begins To Form A Bottom? Why $40K Is The Next Target  Bitcoin As a Crypto Safe Haven The thought of Bitcoin (BTC) being a safe haven asset is quite popular, but it opposes the critics who claim BTC –and all crypto assets–  is too risky, volatile, and speculative to become a safe haven. However, inside the crypto market....

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The survey tended to support the view of Bitcoin as a "safe-haven" asset. A survey by Grayscale Investments indicates that the COVID-19 pandemic has increased investor appetite for Bitcoin (BTC).Source: Grayscale Investments.The firm surveyed 1,000 U.S. consumers between the ages of 25 and 64 that were involved in personal investments of $10,000 or more in household investable assets. The survey was conducted in June-July 2020. 63% of the respondents who had invested in Bitcoin in the previous four months said that the pandemic had an impact on their decision. Moreover, 39% found Bitcoin....