War Looms: Why You Should Avoid Investing in Crypto Now
Trading and investing these days are very risky because of the middle east tension. According to PM Nethan Yahu, where he stated that we will take revenge from Iran even harder, the attack will be a surprise.
Which clearly speaks that anytime Israel will attack on Iran. On the other side , Irans supreme leader Ayatullah Khamnai also stated that if Israel attacks we will go even harder. He used the word that more than 1000 missiles will hit the Israel this time.
This is a clear indication of long term war. One thing to keep in mind that no financial markets survive during wars. It will surely give a sharp dip to the prices and that is why I am saying again and again that stay away from market.
Its not good time to invest in any crypto coins.
As I told that Bitcoin will come down to $50, it will happen, we see today the price of #Bitcoin reaching to $59K.
This is the weak support and surely the price will further go down. Be vigilant and stay cautious during such situation in order to avoid losses.
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respectfully, my friend —. I ran continues to be “a dog that has only a bark and no bite”
Besides the fact that Israel has their iron Dome, doing such involve the US immediately and I doubt Iran could even get 50 rockets in the sky before we have 10,000 coming their direction. It’s a sad situation.
in regard to cryptocurrency, I think if anything it is made for exactly times like this in fact, it has a historical correlation of price spikes during times of geopolitical instability because it acts as a digital gold. I’m not sure what currency they use in your country, but unfortunately, I don’t know that it would work so well if you had to only that currency and attempted to buy food trade with someone during a disaster from another area, they may not accept it…