Trade war Influences on cryptocurrency

[cryplion]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse.

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[gantez]

What the average investors need to do is to avoid investing in dollar or maybe bitcoin. But I don't think bitcoin can be affected because most investors can convert their fiat into cryptocurrency and bitcoin is the most sort for.

[ghermghuda]

the trade war can't hurt Cryptos that much until maybe the USa impose a blanket ban on crypto. Other than that, China already has a ban, and many existing coins are already dead...

If you mean bitcoin can serve as an alternative source of investment, yeah it could but the regulatory issues in the long term is the tooicof concern now. Other than that, it would be safer staying in bitcoin than in dollars.

Moreover, investing in a physics asset such as gold will also help provide some sort of security.

[Lanatsa]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

None, theres no significant effect of these trade war things into crypto market. They can ban all they want and make issues towards these countries yet

Crypto market is entirely different and these factors cant really make affect on the price.So its totally irrelevant if we do just stress out ourselves to believe on possible influences.

[dothebeats]

Large-scale businesses and foreign investors would still choose the use of USD over any other currency given that most still use the said fiat for the majority of their trades and dealings around the world. Bitcoin, in its current shape and form does not pose to be one of the leading currencies to be used in the event of a larger tension between the US and China, simply because a lot of companies would simply need to follow suit and of course, the threat of volatility still lingers within the currency. For now, the two nations are vying to be the most used currency around the world, with CNY devaluing harder and USD gaining the upper hand. Bitcoin and crypto, perhaps, could be a hedge should this continue and worsen over time, but for trades and transactions, it's no doubt that USD is still king.

[Harlot]

Really depends on how hard the economy of that country is hit from that trade ware. If it only affects a particular business industry not related to the crypto industry then I doubt it would trigger any long term effects in the market it will just be FUD at best. But if the trade war is somehow affecting a business with near relations to the crypto industry then we will more have than FUD affecting our market. Businesses like crypto exchanges being prohibited from running internationally or blockchain companies not having a fair fight against local counterparts are just a few examples.

[vintages]

I don't see any connection between the two.
The two government are dealing in fiat currency, it could have been possible if it were on cryptocurrency.
Or else though individuals whom are doing business with cryptocurrency decides to take it up in themselves.
Besides, the issue going on with these two government is nothing but power exhibition.

[vladimirhf]

I don't see any connection between the two.

manipulation of currencies has a big impact on the trade balance, it's an important part of trade wars. Crypto may be useful to preserve values.

[Janation]

I don't think the trade war will influence cryptocurrencies since we all know China banned Bitcoin and any other cryptos.

Maybe the US can affect or influence it but I don't think that that will be so huge that we need to worry about it. Also, the items from China going to US and items of US going to China will be the one affected mostly here, I don't think we should connect cryptocurrencies here.

[Kakmakr]

The direct result of these trade wars are the economic uncertainty that political decisions like this are causing in the financial markets. We have already seen investors searching for safe havens like Bitcoin with a store of value, when trade wars between China and the USA intensified.

So these trade wars are good for Bitcoin, because the economic instability are forcing investors to hedge their losses by investing in alternative "store of value" investments like Bitcoin, but it is not good for Fiat currencies and stock markets. 

[ene1980]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

As any other investment, people will find it hard to find enough money to invest in any financial market if the trade war escalates to a certain point there are many issues that will arise and jobs will be the first market that would get affected, in the short term you can see it as a boom for local manufacturers and production will increase and in turn the companies can increase their work force which means more jobs, but we need a free market to have a competitive price for the customers and with the worlds top economies clashing is not a good sign as it will slow the economic growth and it will have an impact globally.
Bitcoin can help overcome these restrictions and hopefully the world market will realize the real potential of bitcoin in these situations. For anyone looking for a currency to trade globally without any borders or restrictions they can embrace the magic of bitcoin.

[leavolnhals]

China and the United States have caused a major trade war, businesses in China are currently doing a lot of business losses.
That is also the reason why many people spend more money to buy Bitcoin than in the past only expect its deflation.
After the US and Chinese war ends, you'll see Bitcoin is no longer being bought that much, instead it will be the season of alts.

[sunsilk]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse.

Mostly there's none. Cryptocurrency isn't really relying on any of the two countries economy although there can be some occassions that we notice that when the stocks fell, crypto also plummets.

And also, what can ordinary investors do to avoid losses?

Buy bitcoin, simple yet powerful advice.

As mentioned, bitcoin is becoming the savior of assets now mostly if there's a falling economy to a country. I've read an article/news about Hongkong and people there starts to eye for bitcoin as their safer investment.

[Distinctin]

If you will ask the experts that are crypto enthusiast about this, they would always say that the trade war has a positive influence on bitcoin and the whole crypto market because altcoins also has the potential to grow in the future, however, majority of them will invest in BTC as it's the most powerful coin in the market.

With the trade war that of these two, it will only affect their economy, and I think USA under Trump leadership has made a wrong decision for this.
I know his intention is to benefit the americans, but the chinese products have already penetrated in the market.
The people will suffer if this will continue, and even other countries will be affected as well.

[RealMalatesta]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

Absolutely nothing, the percentage of users in these two countries is not that much to have any effect on bitcoin, the few ones that known about cryptocurrency might to turn to it to make investment, but majority of them would either invest in gold or some sort of physical thing that they are used to already, and this trade war, I don’t see it affecting china in any way.

The largest consumer of their products are in Africa, so U.s are the one that relies more on china products for their economy, and I think their president is ready to make peace already because with all the debt that US is in already, they cannot afford to waste their time and strength on a war that is just not worth it if you may ask me please. China is also already trying to make their own crypto already.

[Jating]

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse. And also, what can ordinary investors do to avoid losses?

We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth. But such speculation by crypto enthusiast was debunked when the price of bitcoin didn't move. The price is barely above $10k, nothing that we can be happy about.

And as far as I know, this trade war started in 2018 and the picture was just highlighted this year. So the conflict will have no ill effects to us. Crypto has its own set of investors and doesn't care if we have a trade war or not.

[LeGaulois]

We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth.

I see some.
With the Sino American conflict and investors' tendancy to be worried about a recession, we can see more and more of them turning to safe-haven, such as gold. (you can check charts)

What does this have to do with Bitcoin? It has been following the gold price for 3 months (you can check charts too to see the correlation). It means that investors tend to consider Bitcoin more and more as a safe haven. (Are they right or not is something else)

Compared to Bitcoin, does it remember you something for the past 3 months?

[arpon11]

The way I read about this trading war of America and china online and many analysts said " it is a win-win for bitcoin" and some positive news that keep coming into the market I was thinking that by now bitcoin should be above $30,000 by now but price or bitcoin seems not reacting to all those news and events. Maybe in some months to come, we would start to witness changes in things and the trade war will start to impact the market.

[rjbtc2017]

No, Investors and Traders based their decision on charts, while amateur Traders may decide based on what the current economic state and Trade News but not into the Chart. Trade War may influence how the Government decides on the regulation of exchanges. Amateur Investors should cut losses, not avoid it. Losses are always inevitable in Trading/Investing.

[sana54210]

Trade wars are something temporary, it has started with USA and china and now Britain is doing some exit of sorts which would be hurting the economy in UK and possibly in EU as well. Those are the only ones we know but since they are big countries it looks like they are actually hurting the global economy as well.

I think crypto would not get too much affect because of it because people who use it already uses and people who don't will not probably look at it like that hence the crypto part will not be affect by this, it is only the companies that would be affected. Maybe a small number of people will look towards crypto too but I doubt that would make too much difference. If the companies and big money starts to move to crypto to go around the war than it would actually hurt us because countries will try to stop it.