Quote from: bayu7adi on Today at 06:37:02 PM

Quote from: jeraldskie11 on Today at 06:58:32 AM

Most of us believe that if there is a conflict, the price of Bitcoin and other cryptocurrencies will plummet. But that is not true, because in 2020, there is a global pandemic that severely damages our economy, but what happened in Bitcoin that time? Price hikes have caused an abrupt surge in the market, indicating that there is a lot of demand. As you can see from the chart, it reaches an all-time high. As a result, I believe that if there is a war, it may be beneficial or detrimental to crypto.

In my opinion, this is a form of self-preservation for some people who have failed to maintain their primary source of income from working. We know that during the pandemic, many employees were laid off by companies for various reasons. The number of employees in the world is very large, we can say that 80% of people in the world work for companies and we can call them employees.
Not everyone is fired, but almost everyone wants to get other sources of income to meet their needs. Many people see cryptocurrency as a savior to their concerns for additional income, so many people started buying cryptocurrency when the pandemic happened.

Meanwhile, when the war between Russia and Ukraine broke out, we realized that in the first few months since Russia announced the war on Ukraine on February 24, 2022, the BTC price tended to decline over time. Although this is not solely due to the war, we must realize that Russia has a significant role in the world of cryptocurrency. Do you think this price change is not caused by Russia's actions?

War affects the price of Bitcoin, depending on which country is at war.

War and strife, man, those words freak out investors big time. But when it comes to Bitcoin, do we need to sweat the small stuff?

In my book, the golden rule for solid investing is keeping your cool when things get rocky. Sure, conflicts and crises can shake up the market, but they can also pave the way for growth and innovation.

Look at Bitcoin, for example. Despite the past year's chaos, it's been crushing it, adapting to market shifts and nailing every challenge thrown its way. With more peeps hopping on the crypto train to safeguard their dough, the future's looking hella bright.

So, if you're biting your nails about the world's state, remember: there's always a silver lining. And with Bitcoin in your corner, the sky's the limit.