Post
Topic
Board Economics
Re: Trade war Influences on cryptocurrency
by
Jating
on 23/08/2019, 12:29:39 UTC
I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?
We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth. But such speculation by crypto enthusiast was debunked when the price of bitcoin didn't move. The price is barely above $10k, nothing that we can be happy about.

And as far as I know, this trade war started in 2018 and the picture was just highlighted this year. So the conflict will have no ill effects to us. Crypto has its own set of investors and doesn't care if we have a trade war or not.