Post
Topic
Board Bitcoin Discussion
Re: Is now a good time to be investing in Bitcoin?
by
onecall123
on 25/03/2022, 14:59:32 UTC

wrong perception because the war affected the market just for a 2 days period but after market recovered and comes back to original price and even reached higher.

from 40k after the start of war? the price rose up to 45k so that is much higher from the beginning of the year.


Bitcoin reacted in the early days of the war because this asset always reacts to news. But in the next month of hostilities, we see for sure that the war does not affect the movement of bitcoin in any way, it has its own cycles and moves according to them. Investors will invest their money regardless of whether there is a war or not, the war will only adjust the assets in which they will invest money.
YES! we have a friendly atmosphere despite the conflict, recent price hikes at least indicate that. As of now, Russia is considering Bitcoin as a payment method when it comes to selling gas and oil. This news causes Bitcoin once more to react. Bitcoin is a long-term investment, and whether we buy it at $40K or $60K, it will eventually rise. While the war is in progress, Bitcoins are likely to perform well, even confidence continues to grow and more investors adopt it without hesitation.