It’s important to have somewhere safe to park your money. That’s why there are “safe haven assets” that investors flock to at times distress like gold, high-rated government bonds and, of course, bitcoin. Bitcoin is a special kind of safe haven, though. Because whereas other safe havens tend to show negative correlations with so-called 'risk' assets like stocks or oil or high-yield bonds, bitcoin tends to show no correlation to anything. References: Bitcoin Fundamentals https://twitter.com/altcoinbuzzio/status/1237059285122560000?s=21 https://twitter.com/altcoinbuzzio/status/1237278778247675904 https://youtu.be/9wq8mJdBAJc?t=23 Isn’t bitcoin meant to be a safe haven, is there a use case? https://twitter.com/altcoinbuzzio/status/1237079091079041024?s=21 https://ift.tt/3cLAR6R https://ift.tt/2Qimm0T https://ift.tt/2TAzOyU (apart from other cryptocurrencies)--------- #Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano --------- New Weekly CryptoTag #Giveaway - Simply Subscribe to Altcoin Buzz and drop a comment on the Video - Winners for this weekly giveaway will be announced on every Saturday --------- Altcoin Buzz Free Newsletter: https://ift.tt/2KaADZC Sign up for Crypto.com and We Both Get $50 USD https://ift.tt/2P7Alq9 Sign up for eToro https://ift.tt/2KxN3uI --------- Visit our website: https://altcoinbuzz.io Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://ift.tt/2EyHESp Telegram: https://ift.tt/2DJ5Uhp ---------- NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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