You are correct. You have once again blindly stumbled into the truth. Gold is a safe haven during tough times. In terms of wealth preservation, gold now makes Bitcoin look like garbage.I thought gold is the safe haven for every situation, insurance against all sort of troubles etc.
Yes, such implied volatility is exactly why Bitcoin is a failure at its original goal: an alternate currency.
I see another strong buy signal herebitcoin is an approved ponzi nothing more.It will have its final rise to fool people put in their fiat and they will get milked by institutions like always.
Have a nice look at luna how they milked them.
Can happen to any other coin at any time.
So much about security of your wealth.
I probably forgot plenty of companies. I just wanted to remind everyone that cryptos are not the only investment that can go down in value.you forgat NKLA
shilled companies who have been added to market by a bank who was responsible for distribution.
Works always the same.Mass shilling on news websites ,spiking prices to gets people attention and their greed activated and then sell off.
Stocks fully distributed and money made.
NKLA from $2 to $90 and back down to $6
I am pretty sure that post #4 covered that issue rather thoroughly, including the exact percentage of declines for each asset class.
Just like any other asset, it depends on when you buy it and when you sell it. Right now, the biggest collapse among major asset classes is in Bitcoin and the other cryptocurrencies. The price of Bitcoin has fallen over 55% since last November, when Bitcoin peaked at around $69,000.Guys, the more I see Bitcoin ponzi quotes the more bullish I become. The very fact that you are in this website participating in these forums is a testimony to the attractiveness and future value of BTC long term. Banned in China, and severely hampered in Europe and the US, it has proven its ability to survive attempts to quash it. If you believe in the power of the individual over centralized government control, then you believe in the credo of Bitcoin. Ultimately, it is the only asset class that will preserve its value over time, Even more so that Gold. Just wait until they start mining asteroids in 10 to 15 years.Is it a stable currency? Hell no. For that use USDC. Stay away from the other supposed stablecoins, especially those based on algorthimic stability. (Easy to say after the Luna dump. But I was saying it earlier too.) Also avoid USDT. A few other cryptos make great currency: SOL, AVAX, CARDANO, etc, but I would not hold them for the long term unless you treat them as you would treat a high growth company.