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??
I think we have seen the effects of the looming war in the Middle East, as it seems we have a hard time getting into the $65k++ range. And every time we achieved it, prices going down again or there is a correction. Although for me, it's really scary to hear that there is a another war as we talk about children as collateral damage, in terms of the world finances, everything is affected as well.
But it could be short term effect, just like when we had the Ukraine vs Russia, we see the price dump, but then we had recovered and not sure how long that war it, but it doesn't have any effect on us long term. So that could happen to us as well, maybe in 2025, even if there is still the war, we might see the price going into a parabolic rise and reaching 6 digits.