Quote from: GOLDLIKE on Today at 07:16:16 PM

Quote from: Eternad on Today at 06:46:10 PM

Quote from: GOLDLIKE on Today at 06:42:04 PM

If Iran and Israel break the ceasefire and get back into conflict, especially with the US getting more involved, how do you think that would affect Bitcoin? Embarrassed

It depends on the scope of effect to the global market. Bitcoin behaves almost the same to the global economy on the initial impact of the war but it easily recovers compared to the stocks that makes it more resilient on crisis.

You can use other major global crisis such as pandemic, war and other conflict that affect global economy as basis on the Bitcoin behavior during that time.

You will see a temporary dip and recovery immediately. Nothing to panic about. Just hodl.

Yeah, that makes sense. Historical data does show BTC tends to bounce back faster than stocks after big shocks. Still, every crisis feels unique while we’re in it. Let’s see if this time plays out the same way. Hodling anyway!

Yeah right, Bitcoin never fails to deliver especially now with the institutional traders already enter the Bitcoin market. There’s no way Bitcoin price will stay at the bottom since there’s already a lot of demand from it coming from the traditional investor that waiting for opportunity to enter on low price.

This is one of the many reason why Bitcoin easily climb back when slightly dump on negative news.

Hodling will help you away from stress. Remember that you are holding a gem in Bitcoin. Wink