Post
Topic
Board Economics
Re: Trade war Influences on cryptocurrency
by
breathlessz
on 29/08/2019, 04:11:38 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?


The issue of effect of trade war on the effect of bitcoin has been over-flogged already and several opinion has been made and positions given and this thread would not change it. The point is, if there is going to be any effect on bitcoin, we probably should have seen it already and so loud that it can be traced but now that the whole issue is expected to be resolved due to series of talks and negotiations, I don't expect any further effect whatsoever. Although, in my opinion, there is room for some marginal changes during this period but would not be linked directly to the trade war because even without any major thing happening in world economics or politics, bitcoin has been used to several increase and decrease intermittently.
The trade war has been going on for a long time, and yesterday there was a trump statement to attract outside investment, but I don't think it has anything to do with bitcoin, it should be like that, investors are looking for new investment lands like bitcoin, but it has no effect