Will cryptocurrencies be a ‘safe haven’ asset in a recession?

With the US Federal Reserve slashing interest rates for the first time since the financial crisis and the birth of Bitcoin, and other central banks around the world following suit, including New Zealand, India and Thailand, a good question is whether cryptocurrencies will be a ‘safe haven’ asset in the event of an economic downturn.   Global economic instability appears to be intensifying after central banks around the world recently slashed interest rates, and the US-China trade war escalating after the devaluation of the yuan. With all of these events…

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Should I buy Bitcoin now or should I wait? [ Video ]

The question many are asking right now is whether bitcoin has bottomed, or whether it really matters if bitcoin has bottomed or not.  Bitcoin has dropped nearly 85% to 90% since its all-time high of $20 089 reached on 17 Dec 2017.   So who is right?  Alessio Rastani explains in the video below:-               Please leave your questions and comments below:  

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Why Bitcoin is not for you

Bitcoin or cryptocurrency is certainly not for everyone and might not be for you if:     You believe in the system and trust banks: Some people cannot help themselves and have to believe that we can trust in the system or do not want the responsibility being in control of their own money. That way, if something goes wrong, you can blame someone else…   Fact is the system is broken and governments worldwide are running huge deficits.  The problems of the 2008 financial crisis have still not been resolved. …

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Mainstream Media, Influencing Bitcoin Price and Adoption

Mainstream Media is getting behind Bitcoin in a big way – daily reporting by Media giants such at Bloomberg, Reuters, CNBC and BBC.  Mainstream Media adoption plays a significant role to introduce Bitcoin and cryptocurrency to the greater community, whether the news is sensationalist, good or bad.  The more consumers see information forthcoming from these media giants, the more Bitcoin adoption will grow.   The good news is that the core proposition of Bitcoin is… Democratization of the financial system Financial Independence Freedom from banks and government   But, it…

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