Will the war between Israel and Lebanon bring another dump for bitcoin??

[Webetcoins]

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??

No you shouldn’t allow fear and panic to cause to sell your crypto in the portfolio. When a dump happens, the best thing you should do is to look for a way to increase your holdings in your portfolio. No one can see a dump coming and when you rush to sell, it becomes very risky for you to get that amount of crypto in your holdings if a dump never happens and a pump continues from that point. Don’t trade with fear, wait for when your portfolio is mature enough to sell your holdings.

I think panic is the product of our fear. We can also panic but not that we are fearful but we are positive and we are going buy.

Fear or selling is negative and negative is usually known to be wrong but it does not always mean that all positives are right, like for example when we are so positive that the pump in price is going to continue further.

Many people are like this, up to the point that they will only miss the opportunity of selling their cryptos. He might only be a newbie, for him to get scared of dumping of the price, so it is not easy for him to buy during it but if he will keep on studying the art of investing in BTC, he will eventually build his confidence.

In investing, we have analysis here which act like a guide to possibly tell if there is a pump or dump coming, though of course there are still times that our predictions can go against us, so we must only have a plan b just it case it happens.

If we think that a dump is coming and then the price is already nice for us to profit, I think we can also choose to sell if we need the money urgently. If a dump never happens, that is actually a good thing. It is not what you called as very risky. A continuous pump can be able to help us to get to our target profit real quickly.

[icalical]

As rising tensions between Israel and Lebanon set in, the implications for Bitcoin have been fairly notable. In most geopolitical crises, Bitcoin usually falls along with traditional markets, events of which have been recorded in the past. On early October, Bitcoin was down some 3-4% since war tensions started rising, with prices falling under $62,000. That mirrored moves in equity markets around the world and showed Bitcoin was still being treated as a "risk asset" in times of turbulence, not unlike gold.

But even against the short term turbulence of such times, many crypto analysts insist that Bitcoin maintains value against inflation and currency debasement over long periods. And though it jumped right away, true investors should have big picture perspective and take on risk levels appropriate for their needs rather than act on a short-term bump. Small traders can lose in an upturn when the market evens out by panic selling during this time.

[pooya87]

The terrorists attacks that Israel is carrying out in the region can lead to a wider conflict between NATO and the regional powers that the Israeli terrorists are poking these days. That has the potential of annihilating the global economy in a way that we see a Financial Armageddon. In which case not just bitcoin but all markets would severely crash alongside the global economy.

[fuguebtc]

The terrorists attacks that Israel is carrying out in the region can lead to a wider conflict between NATO and the regional powers that the Israeli terrorists are poking these days. That has the potential of annihilating the global economy in a way that we see a Financial Armageddon. In which case not just bitcoin but all markets would severely crash alongside the global economy.

It seems that the United States is the only country that supports and abets Israel's terrorist acts, other NATO members like France also strongly condemn what Israel is doing . Not to mention, the United Nations has also warned, but it seems that the Israeli terrorists do not care because they know that the United States supports them.

This conflict would actually spread and could trigger World War III if these terrorists launched a full-scale attack on Iranian territory .  According to the news I read ,  they are planning to attack Iran's military base and are waiting for the US permission to do it . But with the upcoming election, I think this could be postponed because it could affect the election .



https://www.politico.eu/article/france-bans-israeli-companies-from-euronaval-arms-show/

[Plaguedeath]

As rising tensions between Israel and Lebanon set in, the implications for Bitcoin have been fairly notable. In most geopolitical crises, Bitcoin usually falls along with traditional markets, events of which have been recorded in the past. On early October, Bitcoin was down some 3-4% since war tensions started rising, with prices falling under $62,000. That mirrored moves in equity markets around the world and showed Bitcoin was still being treated as a "risk asset" in times of turbulence, not unlike gold.

I don't think the 3%-4% decline was caused by the tension between Israel and Lebanon, it's more like a normal volatility. Bitcoin price even down below $60K without any reason. Bitcoin and gold price are keep rising now, if Bitcoin can rise because we're in bull season, while gold price can rise because Average Joe think gold is the best asset to protect their wealth during recession, crisis or global problem.

[bitgolden]

I am not entirely sure if it would be a big dump though. I mean you can talk about politics as much as you want, I have no part in the politics discussion of this, but I can tell you that there are a lot of people who would be willing to get rid of this type of situation and just live a normal life. And because of this, if the price goes down then we are going to end up with recovering quite easily once again, won't be a huge issue and should be fine.

I understand it is not going to be a big deal, but I also understand this is not going to be a simple thing neither for a lot of people who live in the region. I believe ,the price will just go down a bit, but then recover because the price of bitcoin doesn't depend on these nations, so it shouldn't crash that hard. Unless USA gets into a war, or UK, then I doubt it would be impacted too much, and even if they do, it would be impacted for just a while and not longer. We need to realize crypto doesn't care.

[pooya87]

It seems that the United States is the only country that supports and abets Israel's terrorist acts, other NATO members like France also strongly condemn what Israel is doing . Not to mention, the United Nations has also warned, but it seems that the Israeli terrorists do not care because they know that the United States supports them.

Unfortunately these are just empty words. For example Macron is still supplying weapons and troops to Israel despite what he says to appease the people. Other Europeans don't even bother with that like Germany for instance that not only supports the genocide and Holocaust in Gaza but also sending troops and weapons openly. Just the other day a German warship shot down a Lebanese drone in help of the Israeli terrorists.

This conflict would actually spread and could trigger World War III if these terrorists launched a full-scale attack on Iranian territory .  According to the news I read ,  they are planning to attack Iran's military base and are waiting for the US permission to do it . But with the upcoming election, I think this could be postponed because it could affect the election .

They don't need permission, they never had. What the Israeli terrorists need is the US military help to be able to penetrate the most advanced layered air defense in the world.

The reason why it hasn't happened yet is not the election, it is the fact that if US gets directly involved it would turn all US assets into legitimate targets for Iran and Iran could wipe them all out in a blinking of an eye. That's an escalation level that neither Iran nor Washington want.
So the terrorists are trying to come up with a strike that is small enough that doesn't get Iran to respond but big enough so that they can use it in their propaganda and call it a "strike". Then we also have Iran that has drawn the line in the sand that any kind of aggression would be met with a MASSIVE retaliation and deadly blows to the Zionist regime that would cripple it.

[lizarder]

I am not entirely sure if it would be a big dump though. I mean you can talk about politics as much as you want, I have no part in the politics discussion of this, but I can tell you that there are a lot of people who would be willing to get rid of this type of situation and just live a normal life. And because of this, if the price goes down then we are going to end up with recovering quite easily once again, won't be a huge issue and should be fine.

I believe that every event that is associated with the bitcoin drop has an effect of the economic conditions caused by the war but it is only temporary not for the long term. It will not be a big deal when people understand the journey of bitcoin because we see how the global economy has been hit bitcoin is still gaining the best momentum to get back to a positive trend.

I understand it is not going to be a big deal, but I also understand this is not going to be a simple thing neither for a lot of people who live in the region. I believe ,the price will just go down a bit, but then recover because the price of bitcoin doesn't depend on these nations, so it shouldn't crash that hard. Unless USA gets into a war, or UK, then I doubt it would be impacted too much, and even if they do, it would be impacted for just a while and not longer. We need to realize crypto doesn't care.

It always makes sense that when the UK or US goes to war it will put downward pressure on bitcoin but are we sure that is the most likely reason. Because both of these countries play such a big role in the global economy then one would be more likely to believe that when the US goes to war it will put a huge amount of pressure on bitcoin.

That is what they created and control the global economy so they are considered as one of the strongest countries in many aspects and maybe only a few countries are able to achieve the level of success that the US has done. But ignore that because whatever level affects bitcoin will definitely gain momentum towards a positive trend.

[Synchronice]

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??

We don't know what will happen and it's very hard to suggest whether buy or sell crypto. If there is a big strike and a fuel to the fire will be added, which will result in World War 3, then no one really will care about Bitcoin. At the moment you see dumps because people are afraid of worsening of the situation and are trying to leave the game early.
People use psychology in trading. Now, you think that war will dump the price, that's what others think too, so this expectation translates into dumped Bitcoin's price and some sell before it dumps and buy when it dumps but no one knows what will really happen.

It seems that the United States is the only country that supports and abets Israel's terrorist acts, other NATO members like France also strongly condemn what Israel is doing . Not to mention, the United Nations has also warned, but it seems that the Israeli terrorists do not care because they know that the United States supports them.

Unfortunately these are just empty words. For example Macron is still supplying weapons and troops to Israel despite what he says to appease the people. Other Europeans don't even bother with that like Germany for instance that not only supports the genocide and Holocaust in Gaza but also sending troops and weapons openly. Just the other day a German warship shot down a Lebanese drone in help of the Israeli terrorists.

Germany is in the worst situation in this case because of their past. You know what Germans have been doing to Jewish people and Germany has been trying very hard to prove that they changed for better after both World Wars, so if they don't support Israel, then they can experience lots of negativity. I would say that Germany is forced to support them.

The reason why it hasn't happened yet is not the election, it is the fact that if US gets directly involved it would turn all US assets into legitimate targets for Iran and Iran could wipe them all out in a blinking of an eye. That's an escalation level that neither Iran nor Washington want.

What do you exactly mean?

[bitterguy28]

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??

Why every war in the world needs to be affecting Bitcoin into dumping ? Does Bitcoin can exist without any war ?

And besides Israel and  Lebanon has nothing to do with the growth and dumping of Bitcoin SI I am sure this will not affect Bitcoin price by all means .

[Swordsoffreedom]

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??

Why every war in the world needs to be affecting Bitcoin into dumping ? Does Bitcoin can exist without any war ?

And besides Israel and  Lebanon has nothing to do with the growth and dumping of Bitcoin SI I am sure this will not affect Bitcoin price by all means .

When war breaks out and spreads to many regions of the world, it can cause instability in world supply, thereby negatively affecting the global economy. Bitcoin is part of the world economy and when the world economy is unstable, it is inevitable that Bitcoin will be affected. Not to mention, it is a highly volatile and risky asset, and speculative assets like bitcoin or stocks will often be dumped if the world economy has problems. It would be incorrect to say that bitcoin would not be affected in any way if war broke out.

But it all depends on the scale of the war and its impact on the economy, the truth is that not every war has a negative impact on bitcoin.
Right now, the war is not getting too serious and let's pray that things will end soon instead of getting more complicated. This is not only because we are afraid of bitcoin being dumped, but also because war is a crime, so many people are dying in vain.

[pooya87]

Germany is in the worst situation in this case because of their past. You know what Germans have been doing to Jewish people and Germany has been trying very hard to prove that they changed for better after both World Wars, so if they don't support Israel, then they can experience lots of negativity. I would say that Germany is forced to support them.

It is more like Germany is participating in yet another genocide.

The reason why it hasn't happened yet is not the election, it is the fact that if US gets directly involved it would turn all US assets into legitimate targets for Iran and Iran could wipe them all out in a blinking of an eye. That's an escalation level that neither Iran nor Washington want.

What do you exactly mean?

It is complicated and I covered it a little bit here: https://bitcointalk.org/index.php?topic=5511403.msg64591916#msg64591916

But long story short the Israeli terrorists don't have the capability to deliver a meaningful strike on Iran. They will need full support of NATO specifically US military. They will need US aircrafts, US bombs, US satellites, US cyber warfare unit (to overwhelm Iranian radars), US tanker aircrafts (to be able to travel long distance), possibly US Navy, etc. So basically it would be like US striking Iran which is declaration of war and according to international law (I believe article 51 of UN charter covers this) all US assets (that includes US mainland) become legitimate targets to be attacked and destroyed as Iran sees fit.

So it all comes down to what the terrorists with their supporters are going to do and how Iran decides to respond to that act of aggression.
For example an strike on Iranian oil/energy facilities could result in destruction of all energy facilities in Middle East and removal of tens of millions of daily barrels of oil from the market and a global economic catastrophe.
Or for example a strike on Iranian peaceful nuclear program could be met with a massive nuclear strikes on anyone involved (that includes US mainland).

[Nothingtodo]

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??

The war between Russia and Ukraine also had a negative impact on the Bitcoin market, albeit for a few days.  The war between Israel and Palestine also had a negative impact.  Now if a war takes place between Israel and Lebanon then the market will definitely have a negative impact for some time.

[LUCKMCFLY]

I don't think the 3%-4% decline was caused by the tension between Israel and Lebanon, it's more like a normal volatility. Bitcoin price even down below $60K without any reason. Bitcoin and gold price are keep rising now, if Bitcoin can rise because we're in bull season, while gold price can rise because Average Joe think gold is the best asset to protect their wealth during recession, crisis or global problem.

VI agree with you, it could also be a normal setback that happens in any speculative market, for me it could be a setback that helps boost the price, that's all I see,  however I think things could be different, it's just mere speculation, but the tension between these two of the conflict could cease quickly because in the news I saw that they killed the leader of Hezbollah , I don't know if it's true, I just thought I heard it, but even so, as it is such a strong war, they can appoint another leader and continue, although what is happening is Regrettable , but what has dropped in the price of BTC will have to wait longer , I think it may still have that bullish momentum.