Bitcoin as a safe haven? More a speculative bet, market players say

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Bitcoin's recent gains as stocks plummeted on U.S.-China trade tensions ref...

. A week after the U.S. president tweeted in May that he would raise tariffs, bitcoin rose 41% against a 3.8% fall in U.S. stocks.

In times of market fluctuations, investors tend to move small proportions of their portfolios to bitcoin, said Marcus Swanepoel, CEO of London-based cryptocurrency platform Luno. “If you’re wrong, you’re not losing lots of money, but if you’re right we are talking outsized returns,” said Swanepoel.FILE PHOTO: A customer purchases bitcoins sold at a tobacco shop at Rueil-Malmaison, France, January 8, 2019. REUTERS/Charles Platiau/File Photo

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Bitcoin jumps 9% to surge past $11,000 while stocks dive on trade worriesBitcoin soared 9% on Monday, performing like a safe haven asset as it edged past $11,000 for the first time since around mid-July. Don't play with Bitcoin :D Rule 1 :D
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