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Author Topic: Can they be listed here for easy access?  (Read 237 times)
Accardo
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October 22, 2023, 04:50:23 AM
 #21

many are aware of the coming halving and the expected bull market afterward.
No, don't expect too much. It's not necessarily Halving is expecting to bull market afterward, because market condition today is different from previous halving. The world is in a condition of war, where we never met it before. All big country like the US and Europe just focus their economies on war, they prepare to cash just to meet what they need into the war. The world is not in good condition, the economy is in a state of chaos, and some observers say That the big country's economy will experience many problems. the big country will run out of cash for war costs. they prefer to cash than bitcoin.

So, you have to add a link to how to manage your psychology on the crash market.


I thought this through, and felt we also need to give trading a break. Some trading folks that made profits as traders changed their line of business and no longer participate in trading like in the past.  They complained about losing out lots of money. But, in the starting point, they saw good profits. On the long run, they can't separate their losses or wins. Quite complicated. Hence with the current world situation, it's a very crucial factor that can affect bitcoin. Although bitcoin has its ways of surprising traders with lots of profits. This time it can't be predicted. As the speed at which war rages in the society is high. War circulating round major countries in Europe, distracting the world power on the fight against economical melt down. Which could affect the growth of bitcoin after the halving. The bull run will emerge to an extent, like usual. Yet, how long it'll stay is slim; short. However, if bitcoin hits a high price, it can divert the attention of people to trade bitcoin. Even those who have avoided trading it. So, when the trouble on Earth is quite high and much, its a distraction. And people follow what's most important at the moment. Do they need to go to a safer location due to the crisis? nothing else can get them. Until they've gotten to where they'll love to stay. Using your context, when more people are in distress and fighting to save lives, bitcoin won't make them happy. Hence, going for bitcoin isn't a priority, at the time, to them. Such thing can dwindle the value of bitcoin, because people have something else that'll get them joy when achieved. Where I'm confused about this, is on the Covid era.

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