When markets are volatile, people look to safe-haven assets as a hedge against uncertainty. The thing with safe havens, though, is it’s not always easy to guarantee that they’re really going to be safe. Gold is one such example, but many tout #bitcoin as even better. It needs to decouple from traditional markets, but if it does, can it be the ultimate safe-haven asset?
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Do you think bitcoin is a safe haven asset? Will it decouple from traditional markets? Let us know what you think in the comments 🚀
0:00 Bitcoin a safe haven asset?
0:15 Safe-haven assets
0:52 A safe-haven currency?
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Cryptocurrency is a high risk investment that’s not regulated in the UK. The value of cryptocurrency can fluctuate and you may lose your capital without recourse to financial regulators. Fees apply when you buy or sell cryptocurrency and Capital Gains Tax may be payable on profits when you sell.
