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RE: LeoThread 2023-10-11 16:35

in LeoFinancelast year

Now that the world is collapsing economically, because of all the wars and problems. Saving and saving in #BTC and #cryptocurrencies is a good economic option.

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Why do you think that #crypto will not go down with everything else.? It has not shown itself to be a safe haven.

Hi, I think some #cryptocurrencies may have problems, but I think there are others that are supported by good projects that will last. But it is very sure that there will be a cleaning of #cryptocurrencies and only the best ones will remain. Although the safest will always be #BTC

That is true but it is likely they all get hit hard in another bear move. #crypto is still a risk off trade. When people are seeking safety, it isnt in $BTC or $HIVE.

1/🧵 Actually the safest as a security would be #BTC, not only as #DigitalGold, but also because it is not manipulable. And I could always fall and rise. But eventually it will tend to go up.

2/🧵 The fall of the dollar will not be immediate but it will come, and the dollar as well as the other #FIAT currencies are losing more and more value and influence. More those that have the dollar as an international reserve.

3/🧵 As the economic collapse deepens and the Central Banks impose the #CBDC on society, the #BTC and some #cryptocurrencies will be the way of tranquility, safety and escape.

4/🧵 But any investment in #cryptocurrency that does not have a good project and a strong community behind it as #hive, will be a major investment risk.

I don't know what you think?

But BTC is dumping constantly. I am waiting for the bullrun. Want to buy some altcoin after the bear market has been done.