desheriff 9 Posted March 16, 2022 Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you. Quote Share this post Link to post Share on other sites
deinflation 43 Posted March 16, 2022 Because I invest for the long term, it is always a good time for me to invest in Bitcoin. I don't care what happens to the price next week or next month. I invest because I believe in Bitcoin's long-term future due to its intrinsic characteristics, rather than trying to predict whether it will rise or fall in price so that I can sell or buy accordingly. You look back in time to when Bitcoin was $1 and tell me who you think made the most money. The one who was able to hold on without selling until the price was significantly higher (say, $100 or $1000) or the one who gambled? Quote Share this post Link to post Share on other sites
zcxpleasant 23 Posted March 16, 2022 You know Europe, America, Russia, and several other countries, particularly Europe, countries that affect the world/global economy, factors that affect countries with high currency values, namely the economy, you know Bitcoin is currently falling, of course there is at least an influence on current developments. Meaning: if you say it's worth investing in, I'll give you a very good answer, sure or not sure, but if they both win, the Bitcoin price will skyrocket. Quote Share this post Link to post Share on other sites
demonicde 13 Posted March 16, 2022 Phew, I was expecting threads like this after Russia's invasion of Ukraine. To answer your question, no one has a definitive answer, Bitcoin was already somewhat low even before the tussle began, and there hasn't been any significant movement (either up or down) since the battle began, so no direct effect as of yet. Having said that, talking about post-conflict, it could potentially have a positive effect on the network; I saw a post that seemed to suggest the Ukrainian government asking for Bitcoin donations (I'm not sure if this is true), but it could mean more exposure for Bitcoin and possibly more adoption and trust. If you want to invest in Bitcoin, simply choose a suitable strategy, preferably DCA, and invest. Bitcoin is a long-term project, so it is always a good time to invest if you are a long-term investor, and remember that whatever fears you have about the 'war' won't matter in the long run, when things settle. Quote Share this post Link to post Share on other sites
squishde 12 Posted March 16, 2022 The price of bitcoin is currently low, but you should be aware that it can fall again at any time. However, if you want to buy bitcoin, you can do so at any time, especially when the price is falling dramatically. The price of bitcoin will rise again in the future, so if you buy now or whenever the price falls, you can profit. You simply need to be cautious before purchasing bitcoins and ensure that the price is low enough to purchase more satoshi. Nobody knows whether the price will rise or fall. Quote Share this post Link to post Share on other sites
respectde 6 Posted March 16, 2022 Bitcoin has been through a number of global issues. If you're hesitant to invest because of this factor, stay and wait for more market action to position yourself for a good time to invest. However, while many would advise you to invest only with money you can afford to lose, DCA is one strategy you can use whether there are world issues or not. Quote Share this post Link to post Share on other sites
kimonode 14 Posted March 16, 2022 Investment It is entirely up to you. I believe you can invest in bitcoin at any time. However, bitcoin prices have recently dropped and are now below $39,500, despite the fact that they were above $40,500 just a week ago. If you want to invest in bitcoin, I believe now is the time. I'm hoping bitcoin will rise by the end of the month. I'm hoping that the bitcoin price will rise again. Quote Share this post Link to post Share on other sites
KidEnderman 51 Posted March 16, 2022 DCA can be an option for investing in stages and under any circumstances. If you make some investments now, the current state of bitcoin can be very profitable. In all circumstances, Bitcoin is a viable investment option. Bitcoin's decline has been significant, but its rise has also been unexpected. Bitcoin's new all-time high will also be reached. Depending on the target price to be achieved, any time can be a good time to invest in bitcoin. Quote Share this post Link to post Share on other sites
FanaticSilverfish 28 Posted March 16, 2022 First and foremost, the situation is out of control. I'm not sure where you're getting your news, but our news channels are only showing the worst of it. Ukraine's capital, Kiev, has been attacked, as has an oil depot, in an attempt to deplete the country's resources. Regardless, despite the fact that they are at war, we should concentrate on investment based on budget, entry points, and future prospects. The first two criteria are ideal right now; you will need small fiat to buy in bulk, and the entry point is simply incredible. In terms of the future, it will be safer and more prosperous. So, bitcoin is one of the coins I'd invest in right now. Quote Share this post Link to post Share on other sites
FreakWitherSkeleton 7 Posted March 16, 2022 To be honest, what I'm seeing now on the Ukraine-Russia situation is similar to what happened when COVID19 began: we saw a huge drop followed by multiple all-time highs. Because, as you can see, cryptocurrency is best during these times, not for investment but for a variety of use cases, particularly for payment, which is the most common use of cryptocurrencies now. In terms of the future, it will be safer and more prosperous. So, bitcoin is one of the coins I'd invest in right now. Quote Share this post Link to post Share on other sites
WorldThor 8 Posted March 16, 2022 Invest in bitcoin now so that you do not miss out on the opportunity that is about to occur in the community for investors to begin earning a good return on their investment. Since other countries are fully prepared to settle the war that claimed so many lives a few weeks ago between Russia and Ukraine, the price of bitcoin has dropped in the community. What we are about to witness in the exchange market will come as a huge surprise to all investors, as the price of bitcoin will soon reach $100,000, allowing investors to recoup all of their losses from last year in 2021. Quote Share this post Link to post Share on other sites