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Author Topic: Will the war between Israel and Lebanon bring another dump for bitcoin??  (Read 331 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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October 01, 2024, 08:31:23 PM
 #27

Ive been watching the war around Israel since the 80's    At this point it would abnormal if they were not killing each other for a change, that part has become normal.  An especially brutal pointless war as the majority of people who die had no weapons or were ever given a chance to defend themselves.

The only difference now from prior upset would be magnitude, its already decades long in duration and we have surely seen many deaths already.   Its an ongoing negative, there is a cost and its sad as likely its already accounted for in the markets by its constant presence.

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October 01, 2024, 08:35:16 PM
 #28

All the news that I am listening to are all about the possibility of bitcoin getting to all-time-high anytime soon. I have been reading about the war between Israel and Lebanon since last week or so but the price of bitcoin increased from that time till now. I do not think it can get to the point the war will have significant effect on bitcoin price.
We are far from seeing a Bitcoin dump, and even the current market drop is as a result of corrections from the last week mid bull market sentiment and for sure a lot of us have being expecting a more Bitcoin uptrend direction movement more than the downward movement as mentioned by the ops.


Political war is not so significant that can dump Bitcoin price, but rather the war could be a reason thafor Bitcoin uptrend since demands to move money around Incase of an emergency Bitcoin is most suitable, so if anything related to Bitcoin and war it means it will trigger a more positive direction rather than a negative one.

 
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October 01, 2024, 09:09:53 PM
 #29

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??

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.

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.

I don’t really hear any news about this two countries been at war and as of the time this thread was created, bitcoin was in green, in an upward trend. I’m just hearing of the news of an attack on Israel by Iran, I haven’t verified the news though, but with the dump that happened in bitcoin just today, such types of incidence could have caused that to happen.

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October 02, 2024, 12:01:52 AM
 #30

It seems like this conflict is definitely lending fear to the market at the moment. Israel has stated they plan to respond tonight and severely. That is concerning as I don’t think anyone else needs to die but I assume that this strike will lead to a selloff and mark a temporary bottom in the market. I just hope for minimal casualties tonight.

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October 02, 2024, 12:04:01 AM
 #31

It seems like this conflict is definitely lending fear to the market at the moment. Israel has stated they plan to respond tonight and severely. That is concerning as I don’t think anyone else needs to die but I assume that this strike will lead to a selloff and mark a temporary bottom in the market. I just hope for minimal casualties tonight.

buy the dip and hodl.

and

say a prayer for the kids that will die never having a chance to grow to adulthood

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October 07, 2024, 02:57:47 AM
 #32

Political war is not so significant that can dump Bitcoin price, but rather the war could be a reason thafor Bitcoin uptrend since demands to move money around Incase of an emergency Bitcoin is most suitable, so if anything related to Bitcoin and war it means it will trigger a more positive direction rather than a negative one.
I just hope things are different in a short term, I would like this conflict with Israel to cease and not feed that hatred anymore, because in reality that can escalate further and the worst thing is that innocent people always die, children die, the future of the world dies, valuable people die who can make a difference at any moment, really if they make me choose what I prefer? If I would fear that war and that the BTC bullish trend is delayed or that the war occurs and the trend is given, a thousand times I would choose for the war to end, the BTC trend can happen at any moment, but human lives must be cared for, preserved and more so when there are innocent people involved.


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October 07, 2024, 11:12:53 AM
 #33

Political war is not so significant that can dump Bitcoin price, but rather the war could be a reason thafor Bitcoin uptrend since demands to move money around Incase of an emergency Bitcoin is most suitable, so if anything related to Bitcoin and war it means it will trigger a more positive direction rather than a negative one.
I just hope things are different in a short term, I would like this conflict with Israel to cease and not feed that hatred anymore, because in reality that can escalate further and the worst thing is that innocent people always die, children die, the future of the world dies, valuable people die who can make a difference at any moment, really if they make me choose what I prefer? If I would fear that war and that the BTC bullish trend is delayed or that the war occurs and the trend is given, a thousand times I would choose for the war to end, the BTC trend can happen at any moment, but human lives must be cared for, preserved and more so when there are innocent people involved.

That is the bad side of war, there are collateral damages, including children and women and people that doesn't have to do with war. And if this happens, then it going to be cyclical again and there are no ends to this war, even in the next 100 years, we might see the war continuing.

And as we have seen, it has somewhat short term effects on the price of Bitcoin, as it went down to $60,000 but the good news is that it was able to hold it and now making a good recovery. And I do agree that the only thing that we can do is to pray and hope that casualties are not going to be high or the war end soon.

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October 07, 2024, 11:42:40 AM
 #34

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. 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??

Every time? Really? The Bitcoin price dropped several months after Russia invaded Ukraine back in 2022, so the price drop wasn't directly caused by the war. Israel started the operation in Gaza back in October 2023, but the Bitcoin price went from 27K to 73K in the months after October 2023. Your statement about every war around the world causing a BTC price drop is simply wrong. Can you backup your statement with any facts? I don't think so.
A war between Israel and Iran might influence the BTC price for a while, but I don't believe that such war will happen.

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October 07, 2024, 01:41:18 PM
 #35

Someone worried about the war that should affect Bitcoin and the crypto market probably hasn't been into other global situations while being on this market. So, you can keep your assets in stables if you resort of selling your Bitcoin and dumping everything that you can. But many of the experienced ones are calm and won't be affected by these global news that are happening as long as it's not concerning them, there's nothing to worry about. We do not like these wars but if it's about your personal asset and economy that you're thinking of, as long as you're doing well, why sell? there's the right time for that.

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October 07, 2024, 01:53:33 PM
 #36

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. 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??

Every time? Really? The Bitcoin price dropped several months after Russia invaded Ukraine back in 2022, so the price drop wasn't directly caused by the war. Israel started the operation in Gaza back in October 2023, but the Bitcoin price went from 27K to 73K in the months after October 2023. Your statement about every war around the world causing a BTC price drop is simply wrong. Can you backup your statement with any facts? I don't think so.
A war between Israel and Iran might influence the BTC price for a while, but I don't believe that such war will happen.


Although bitcoin is very sensitive to news about war or news related to the health of the world economy, not every news affects it, it all depends on the magnitude of each news. In addition, those effects often only have short-term effects, and cannot have long-term effects.

In terms of scale, the war between Russia and Ukraine would have a more serious impact on the entire world economy, not just the cryptocurrency industry. But as we see, things have changed and adapted over time and I hardly see anyone mentioning the negative effects of that war anymore.

The war between Iran and Israel remains tense, but news about the US election and the Fed's rate cut is getting more attention. So there is no guarantee that the market will be dumped if the war gets worse, so the idea of ​​speculating on the news is too risky.

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October 10, 2024, 09:46:41 PM
 #37

And as we have seen, it has somewhat short term effects on the price of Bitcoin, as it went down to $60,000 but the good news is that it was able to hold it and now making a good recovery. And I do agree that the only thing that we can do is to pray and hope that casualties are not going to be high or the war end soon.

Well if the problem is solved so that there are no more deaths then it is much better, things will always be beneficial so that they can occur and if the price of btc recovers then it is a great and good omen, it is just that for many it matters, however I am more interested in there not being a war where children and people die because it is not only fair, I believe that people must die but by God's designs and not because man has determined it, based on these such things can be intuited ,  I just hope that this thing about wars ends, it is not the way to make people believe which is the best religion or things that are not in agreement.

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October 12, 2024, 09:05:43 AM
 #38

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. 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??

I think we have seen the effects of the looming war in the Middle East, as it seems we have a hard time getting into the $65k++ range. And every time we achieved it, prices going down again or there is a correction. Although for me, it's really scary to hear that there is a another war as we talk about children as collateral damage, in terms of the world finances, everything is affected as well.

But it could be short term effect, just like when we had the Ukraine vs Russia, we see the price dump, but then we had recovered and not sure how long that war it, but it doesn't have any effect on us long term. So that could happen to us as well, maybe in 2025, even if there is still the war, we might see the price going into a parabolic rise and reaching 6 digits.

 
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October 12, 2024, 12:50:36 PM
 #39

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Depends? Pretty sure in the long term it wouldn't impact the market that much. Even if it did, again, in the long term the impact, however big it maybe, would've probably dwindled down already. Even then in the past, I highly doubt any dumps, if there were any, were directly caused by the war. It's pretty similar to how some people keep claiming Bitcoin rose to high levels during Biden's term, and while it did, it was never really the actual cause.

Short term wise, just observe the market as usual really. I don't see any reason you'd need to mind the war in the first place anyway.

 
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October 12, 2024, 03:29:31 PM
 #40

Fortunately there's no impact by this war, even HBO documentary that claimed know who's Satoshi also not affect Bitcoin price. Although the price was affected by SEC that sold the coins from Silk Road, but now the price back to normal again.

This is just the beginning of bull season in this year.

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