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RE: Crypto world is considered safe haven against geopolitical risk : US missile attack on Syria is case proving this

in #prameshtyagi7 years ago (edited)

As far as safe heaven only few asset class are categorized like crude, gold,USD. In india crypto is not a asset class as a safe heaven.

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U have not idea. Oil collapsed from 140$ to 30$ approx 80%. Other assets also have collapsed in similar ranges in cycles of boom and bust. So get yr data right

In which world u r living right now the crude is at $71 and rising, gold is also steady at 1351 $ and USD is at Rs.65 level. the crypto is not supposed to be a good choice for safe heaven specially in India as the regulator is not supporting it.