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Author Topic: How has trading been for you during this Ukraine and Russia war  (Read 554 times)
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March 21, 2022, 05:03:01 AM
 #61

Since Ukraine and Russia use relatively more cryptocurrencies worldwide. So it is only natural that  would have an effect on the cryptocurrency for the war. But since Bitcoin is now a very popular currency worldwide, this effect will not last long. Prices of other cryptocurrencies, including Bitcoin, will recover again

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March 21, 2022, 06:42:21 AM
 #62

I'm not the day trader type but usually, with my trades, I just go along whatever the market is dictating. No war or season changes since I'm an all-in holder but still do casual trades, I have no problem with it and treat it just the usual day. Always check the market's sentiment and news about it that can change the market's situation quickly temporarily. In result, I can say that it's totally fine and not that much in terms of losses, I've made a profit but it's not that a lot unlike the others who were able to make that much money.

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March 21, 2022, 09:37:00 AM
 #63

The market has not been too volatile since the way began. But there will always be loss and gain.
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March 21, 2022, 01:30:07 PM
 #64

So what is your experience so far during this war?
There is no financial impact for me personally, in crypto trading, because Russia and Ukraine are part of Europe and I am part of Asia, overall for now still in normal condition.

I actually experienced positive changes in trading where some cryptos are currently still stable in the market, both with Bitcoin and also other types of crypto, for me personally it is still normal and under control and I can still make profit in crypto trading.



I'm even more worried that if world war 3 happened, it might have a big impact on the crypto market as a whole, maybe it will cause a little obstacle in doing trade, many factors can affect if world war 3 occurs, but the war between Russia and Ukraine is not that serious and the effect for my country is safe.

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March 21, 2022, 02:12:34 PM
 #65

I am interested in such a question. There were quite a few crypto farms in Ukraine before the war. I have reason to believe that their work may now be limited or suspended altogether due to constant attacks, as well as power outages. russia also does not have the best conditions to support the work of farms. I wonder why the market is not responding to the fact that many farms are shutting down, and this is happening at the same time with a large number of them. Maybe someone can clarify this question for me?

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March 21, 2022, 02:40:31 PM
 #66

Of course trading is bull and bear, profit and loss  Shocked

So what is your experience so far during this war?

TBH, trading is going well and happy to have small profits rather than losses. Last 2 weeks was the best time for doing leverage trading if you're well skilled on it, IMHO. Although this war is having huge impact on the ido/igo projects, but still on profits as ROI rate is down compare to previous months. Personally, war is giving us more opportunities to continue doing DCA if it isn’t turned into WW3.  Smiley

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March 21, 2022, 09:59:51 PM
 #67

TBH, trading is going well and happy to have small profits rather than losses. Last 2 weeks was the best time for doing leverage trading if you're well skilled on it, IMHO. Although this war is having huge impact on the ido/igo projects, but still on profits as ROI rate is down compare to previous months. Personally, war is giving us more opportunities to continue doing DCA if it isn’t turned into WW3.  Smiley
You do not even have to do leverage, it has been going up and down between those same prices so many times that if you do spot trading with a big enough capital, you could buy and sell at the right prices and could make a good profit. Buy when it is under 39k, sell when it is 41k and check how much you would have made in the last 1 month. That would be awesome even with spot trading, but if you are doing leverage and know the direction that would have been even more amazing.

These "calm" periods makes it easier, you do not lose too much and you could earn so much if you just do it in repetition. Not easy to do of course but quite low risk high reward situation.

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March 21, 2022, 10:40:58 PM
 #68

Since Ukraine and Russia use relatively more cryptocurrencies worldwide. So it is only natural that  would have an effect on the cryptocurrency for the war. But since Bitcoin is now a very popular currency worldwide, this effect will not last long. Prices of other cryptocurrencies, including Bitcoin, will recover again

The war between Russia and Ukraine is one of the big events, so it is natural to affect the world economy, including affecting the crypto market.
Because since the war broke out, crypto movements are more volatile than usual, so indeed the amount of my losses increased slightly when
trading crypto. But since I'm quite experienced in the crypto world, I was finally able to cover my losses by changing my strategy a bit when trading.
In conclusion, we must be able to find an effective trading strategy according to market conditions, so don't panic if the market moves beyond
our expectations, because there will be a solution to every problem. After all what you say is true, crypto is already very popular, especially Bitcoin
has begun to be known by many people, so the effects of the war on the crypto market should not last long. Because I am also very optimistic that
the crypto market will recover and be bullish again.

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March 22, 2022, 05:46:06 AM
 #69

<-- snip -->
You do not even have to do leverage, it has been going up and down between those same prices so many times that if you do spot trading with a big enough capital, you could buy and sell at the right prices and could make a good profit.

Indeed, more profits with low risk by scalping while you've big capital. However, my most of the capitals are into new projects and i'm good to go with leverage trading. Although my suggestion would be same as yours as market might not be in our favour all time. Also any kind of panic would effect on our TA/FA.  Wink

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March 22, 2022, 06:55:41 AM
 #70

I don`t see big changes either right now. It seems to me that prices are kept at about the same level as before the war. On the contrary, more attention is being paid to the cryptosphere, because donations to Ukraine are also received in cryptocurrencies.
I also advanced this argument that if anything, the awareness and demand for Bitcoin has kept it from crashing and dumping as the war goes on. Otherwise, we should be seeing a Bitcoin in the $20k region by now if not that donations to Ukraine in Bitcoin further exposed Bitcoin to the world and demand soared. I want this demand to continue as the market meanders through this tough and rough first quarters of 2022. I believe the second quarter will present a stronger price momentum. We've even started seeing flashes of it already. At the moment, Bitcoin is trading above $41,000 and April which marks the beginning of second quarter is less than 10 days away. This is a good development.

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March 22, 2022, 10:20:49 AM
 #71

I have definitely suffer in trading during Russia and Ukraine war because all coin just gone to their lowest point. By mistake we taken entry before war because two big countries going through big war so how money will come in this crypto field. My trading experience is very bad during this period. Such a risky market nobody know high and low of any coin. I Hope all of my freinds will out from market during this war.

Basically the war in Ukraine and Russia is not the reason that coins dropped because bitcoin was already down before this war, so we may not look at whether coins are down now but how we have been able to manage to get some profit despite it is still bear. During bear also some traders are able to spot right time to buy and scalp out some profit. Buying and selling still going on as the fight is on likewise because Russia still buying from China and tries to survive and finance the war, Ukraine also getting military help and cryptocurrency to finance and sustain the people, Oil and gas are still traded.
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March 23, 2022, 09:48:48 PM
 #72

Basically the war in Ukraine and Russia is not the reason that coins dropped because bitcoin was already down before this war, so we may not look at whether coins are down now but how we have been able to manage to get some profit despite it is still bear. During bear also some traders are able to spot right time to buy and scalp out some profit. Buying and selling still going on as the fight is on likewise because Russia still buying from China and tries to survive and finance the war, Ukraine also getting military help and cryptocurrency to finance and sustain the people, Oil and gas are still traded.
It is not a bear market. Just because the price is not 70k, you can't call it a bear market. We haven't been under 35k for months now and we have been going up nowadays as well. The price constantly getting those kinds of increases do mean something and you should be focusing on getting better and better at it.

Obviously we are not at a high price right now but just because we are not at ATH doesn't mean that you could call it a bear market. Bear market means market is going down, are we going down? No, we are not going down right now. I believe that we are in a bull market or start of a bull market right now and that should be something to cheer for.

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March 24, 2022, 08:29:39 AM
 #73

As we can see no, bitcoin price showed a resistance then it seems to have a correction again, it is very hard to tell about the situation where bitcoin price headed at.
That is true, nobody know if bitcoin price will rise or fall this time but I do not see any effect the war is having yet, all just seem like how bitcoin should be even if there is no war at all, we all expect corrections this year and it is happening. Bitcoin price rose to $43000 again today, but that does not yet mean the price will not decrease again. But I know that with 2x correction, people can buy bitcoin, but only people that want to hold for long time.

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Etranger
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March 24, 2022, 10:16:17 AM
 #74

I have definitely suffer in trading during Russia and Ukraine war because all coin just gone to their lowest point. By mistake we taken entry before war because two big countries going through big war so how money will come in this crypto field. My trading experience is very bad during this period. Such a risky market nobody know high and low of any coin. I Hope all of my freinds will out from market during this war.

Actually, money is coming to the cryptomarket precisely because the war began. The cryptosphere has become one of the largest grounds for subsidies and dotations for Ukraine on the one hand, and a platform for circumventing sanctions by russia on the other. We would hardly see a fairly stable price for bitcoin during the month of the war without this circumstance. The market has not fallen, there are no abrupt changes, everything looks pretty stable.

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March 25, 2022, 06:44:39 PM
 #75

As we can see no, bitcoin price showed a resistance then it seems to have a correction again, it is very hard to tell about the situation where bitcoin price headed at.
That is true, nobody know if bitcoin price will rise or fall this time but I do not see any effect the war is having yet, all just seem like how bitcoin should be even if there is no war at all, we all expect corrections this year and it is happening. Bitcoin price rose to $43000 again today, but that does not yet mean the price will not decrease again. But I know that with 2x correction, people can buy bitcoin, but only people that want to hold for long time.
Everyone likes to buy btc when it's cheap and not all of them are long time holders but 2x correction looks pretty brutal if we are at 60k last time and price corrected at 30k, that's only 1x correction so if it's 2x, the price will nearly go down to zero? damn. I am not sure if that can cause for people to panic buy or maybe they are going to panic literally thinking that it's now the end of bitcoin.

People have different sentiments about the war, some say wars affect the prices of the coins while others say it didn't. If you believe that wars are nothing against the price then you can trade normally. It's always better to trade with a peaceful mind.

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March 25, 2022, 08:26:23 PM
 #76

I have definitely suffer in trading during Russia and Ukraine war because all coin just gone to their lowest point. By mistake we taken entry before war because two big countries going through big war so how money will come in this crypto field. My trading experience is very bad during this period. Such a risky market nobody know high and low of any coin. I Hope all of my freinds will out from market during this war.

Actually, money is coming to the cryptomarket precisely because the war began. The cryptosphere has become one of the largest grounds for subsidies and dotations for Ukraine on the one hand, and a platform for circumventing sanctions by russia on the other. We would hardly see a fairly stable price for bitcoin during the month of the war without this circumstance. The market has not fallen, there are no abrupt changes, everything looks pretty stable.
Price had never become stable and it doesnt matter whether there are events or sentiments that do happen around the globe and come to think and observe that the price hasn't move out that well despite of this war

crisis that we are facing on thats why when it comes to fundamentals then i dont really do believe that it could really make out some significant effects on the market and speaking or asking out my trading
with these times arent really that much of difference and just like these ordinary days on which prices are still moving as always.

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March 25, 2022, 11:28:27 PM
 #77

In the midst of a war of attrition between Russia and Ukraine, I found myself taking a break from trading. However, in this market I was able to earn 2000 from an investment. Cryptocurrencies in Russia and Ukraine have been pro- and anti-cryptocurrency, which has had a profound effect on the cryptocurrency market.

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March 26, 2022, 08:05:47 PM
 #78

Since Ukraine and Russia use relatively more cryptocurrencies worldwide. So it is only natural that  would have an effect on the cryptocurrency for the war. But since Bitcoin is now a very popular currency worldwide, this effect will not last long. Prices of other cryptocurrencies, including Bitcoin, will recover again
Yes, eventually the war between these two countries is likely to get better or even end, the BTC 'may grow in price, but if the war lasts longer and goes long term, both for Ukraine and for Russia the BTC is the best way out for them, because it is the way that the money arrives immediately and safely, in addition to the case of Russia, it is the main tool for them to establish communication with the money and to bypass all the restrictions that are drowning the Russians .

If all of Russia decides to use BTC as an economic tool to move their money, we would be talking about a great demand in the BTC market, this would be a great advantage for the market, which is positive from negative.

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March 27, 2022, 06:49:55 AM
 #79

It relies upon the market, there will be days I will exchange for bull, most particularly when bitcoin reward is going to divide once more. The bitcoin unpredictability is to be sure high and the cost is unsound, this can be effectively utilized. Make an effort not to frenzy, and you will see trust when the cost increment


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March 28, 2022, 01:34:47 PM
 #80

It is certain that the impact of the war between Russia and Ukraine, a little big will certainly have an impact. because we know that both countries are big crypto players. always every big country that there is a problem, then bitcoin will respond.
it should also be remembered that every time something like this happens, it is certain that this will not last long. because bitcoin has experienced an incident like this not just once and bitcoin can keep it from being corrected deeply.

if you look at the movement of bitcoin from mid-March until now, it has an increasing trend and has not made a drastic decline like last month. with the price already above $45K the possibility to be able to break through $50K there will be that opportunity. momentum to continue to increase may occur after breaking through $50K, we are waiting patiently.

once again the war actually created new difficulties in the warring countries and had no significant impact on bitcoin. therefore stop the war and start holding negotiations, because war will always create new difficulties for themselves.

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