Re: Will the war between Israel and Lebanon bring another dump for bitcoin??
Every time we saw that when any war happened, the price of bitcoin dumped drastically. At this moment, Israel and Lebanon are in front of a strong war which can caused many destruction. On the other hand, we already watched a almost good rally on bitcoin as well as some alts. But now, according to the previous history, we know after a pump, it takes some correction.
Since we are holding some crypto, we are afraid of another big dump.
So my question is that What should we do at this moment as a small traders? Should we sell all the crypto and wait for dump??
War has an effect but not a long term effect, it can effect the price for months but it will recover, for now bitcoin is above 60k$ so it is expected that altcoins will rise even if not all but most of them will surely rise at price, everyone is afraid of dumping except to those who are expert, expert making an opportunity buy buying the coins at low price and sell at high. Since we are holding some crypto, we are afraid of another big dump.
So my question is that What should we do at this moment as a small traders? Should we sell all the crypto and wait for dump??