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Author Topic: Will the war between Israel and Lebanon bring another dump for bitcoin??  (Read 142 times)
LUCKMCFLY
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September 26, 2024, 11:24:25 PM
 #21

Anything that involves a threat of war will always be delicate, whatever the situation is something that should be avoided at all costs, this will undoubtedly affect the markets, but honestly given the citrusions it may be that if it is maintained alone it would not affect much, now if it escalates to greater, that if the intervention of others begins to be seen, then it is a fact that things could happen as such so that the price is affected, let's hope that this incident does not get worse because it would be very bad, both for the people who are in those countries and for the BTC market in general.

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September 26, 2024, 11:57:10 PM
 #22

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??
That depends on your goal, are you planning to take some profit when this happens? then take your money and wait again for the lows to come. But if you're the typical holder and you plan nothing as of now, then let it be and your portfolio will grow on its own although some fluctuations are inevitable to come. We only have this year and next year for this cycle of the bull run and we'll see the correction next which is we don't know if it will take a longer time and you knew about that, the bear market.

So plan your decisions and how you're going to keep with the market. It varies on how your goals aligns with the market and how needy you are as of the moment. It's not wrong to sell and take the profit and wait for the next buying opportunity. And it's also not wrong to just stand by and do nothing while watching the market on how it reacts on its own with the global events like these wars that have happened. Anyway, we can't afford any new war to come and this is from a perspective of someone that's not even near to those countries.

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September 27, 2024, 12:50:02 AM
 #23


Since we are holding some crypto, we are afraid of another big dump. Sad

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??
War has become a common problem in recent times. The use of the term has increased significantly since the start of the war in Russia and Ukraine in particular. But this is why I don't think an investor should sit around selling all his assets. In the meantime we see that the price of Bitcoin is gradually increasing so if selling Bitcoin there is more chance of loss than profit. Moreover, investing in Bitcoin is completely safe for those who invest or hold Bitcoin. Long-term Bitcoin holders need not worry about recent pumps or dumps war situation. When the Russia and Ukraine war broke out there was panic among investors in crypto platforms but those who did not panic and held at that time everyone benefited. war will start and end so it is best to take regular steps to hold on to Bitcoin without panicking.

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September 27, 2024, 10:41:21 AM
 #24



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 can't say there’s no impact on price trends since this conflict affects us all economically. Personally, I don’t think it’s causing a significant drop in prices, unlike what we experience from Russia and Ukraine. Until the situation never calms down in those countries, there will always be risks in the market. So, it’s crucial, and as much as possible, we stay vigilant and keep calm because I doubt this will last long, which means Bitcoin prices could rebound quickly if there’s any dip. Let’s try not to get too emotional about the happenings and avoid panic selling unless absolutely necessary, as that will only worsen the decline.

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September 27, 2024, 11:49:31 AM
 #25

Let’s try not to get too emotional about the happenings and avoid panic selling unless absolutely necessary, as that will only worsen the decline.
I believe this is what OP exactly looking for. All those seasonal buyers and holders are keenly watching for all the news and events to update the stoploss for their holding. Preparing for panic selling on the halving year is not at all making any sense to me and as per history, we are going to enter a bullish year which all means even a dip happens due to this war reason, we should consider that as another buying point.

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??
If you are a trader, always keep eye on your stoploss levels; trailing stoploss will help you to secure your unrealized profits if any. Bitcoin market may ignore this war or may get less impacted but preparing for all of the scenarios with proper stoploss levels will help a trader for sure.

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September 27, 2024, 02:14:55 PM
 #26

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.
Actually, it is not Lebanon as a whole, but just a big community in Lebanon and that community has been at odds with Israel for a long time so it is now getting more prominent. But I don't see any major impact on crypto and Bitcoin in particular because the price of Bitcoin is currently almost $66K with a pretty good increase though not too fast.

Quote
Since we are holding some crypto, we are afraid of another big dump. Sad

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??
You don't have to sell all your crypto assets because you just need to take it more calmly and not panic because right now we are in a very good phase so any wrong action through our own decisions will be a pretty painful regret later. So please stay calm and don't overreact unless you still have plans to buy some other crypto assets in larger quantities.

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███▀    █████████████    ▀███
██       ███████████       ██
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
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..PLAY NOW..
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