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??
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??
A war between countries like Israel and Lebanon is unlikely to have a significant impact on the price of Bitcoin and other cryptocurrencies. For such an impact to exist, the war territory must be much larger and powerful countries must be involved. From October, we expect good growth in the cryptocurrency market and it will be, despite such wars. During military escalations, the Bitcoin rate may temporarily fall a little, but given other diverse and contradictory information about world events, this will not be so noticeable.
I think we should not worry until World War III begins or countries like the United States and China directly and with all their might join it.