March 28, 2024

Bitcoin ahead of south Africa as a safe haven asset

Bitcoin ahead of south Africa as a safe haven asset

Well-known investor in gold, silver, real estate and Bitcoin, Robert Kiyosaki, published a tweet in whichonce again unflatteringly spoke about the U.S. dollar and reminded the community that bitcoin is now ahead of theother asylum assets.

«Bitcoin boom beats gold and silver.What does it mean? This means you should get the maximum amount of it now. The train is moving. The dollar is dying. Silver is still available to everyone. When the dollar collapses, it's not the price that matters, but how much gold, silver or bitcoin you have.

The author of a book on financial literacy called "Rich Dad, Poor Dad" Kiyosaki noticed that during the bitcoin boom, which the worldBTC grew faster than other inflation hedge assets such as gold and silver in the third to fourth quarters of this year.

In addition, the entrepreneur and publicist Kiyosaki reiterated that the dollardies because of fundamental factors.

These include the Coronavirus Pandemic, the subsequent isolation and economic stimulus measures that have been put up in the press for more than $6 trillion for U.S. citizens and organizations.

On October 21, the flagship currency managed to overcome the resistance level of $12,000, and since thenits growth was just accelerating.

According to CoinMarketCap, the $14,000 mark was exceeded on November 4, after BTC was already trading above $15,000.On November 12, Bitcoin overcame the $16,000 level, rising to $16,400 since thenhe's persistently trying to climb back over $16,000 and is now worth$16 126.

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Rating of TOP-5 cryptocurrency exchanges for 2020:

# Cryptocurrency exchange Official site Site evaluation
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.5
3 Exmo https://exmo.me 6.9
4 Yobit https://yobit.net 6.3
5 OKEx https://okex.com 6.1

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Bitcoin ahead of south Africa as a safe haven asset

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