Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.
It's true that the Russia-Ukraine war has impacted the cryptocurrency market but as I thought that investing in bitcoin is always a good time if you invest for the long term such as monthly so you don't need to worry about the current volatility since the price will recover soon.
Correct! If you're looking to hold bitcoin or any crypto for the long term then I think you shouldn't be worried about the issues that the market could face in the future because you are holding for the long term, volatility is always an issue and that's the risk but that is manageable.
If we're looking for the right time to buy, all the time is the right time but right now is the best while it's still cheap before the market recovers because that is inevitable and bitcoin has already proved it over the time.