It is important for crypto investors to always keep an eye on the market situation. The recent crash happened mostly because of the war between Iran and Israel.
This conflict doesnβt look short-term but it seems like it will go on for a long time. Iran will never want to stay under the control of America or Israel, and it looks like war is the only path for them now.
There were several meetings between US and Iran for the negotiations on the nuclear weapons but Iran rejected all their talks. This is the main reason why America pushed Israel to attack Iran.
US wants to force Iran to accept all the nuclear agreements, Trump stated that we want to talk again tomorrow with Iran if she accepts. The other way is war and they will attack Iran for several days.
On the other side, Ukraine is also not accepting Russia and is attacking it with dangerous weapons. In return, Russia is also attacking back. In this situation, the financial markets are in full danger and investors are worried.
This conflict directly affects financial markets, and especially the crypto market reacts very fast. Right now, those who are holding their crypto should think again about their strategy.
Just holding all the time is not always the best decision β sometimes it's important to change your strategy according to the market. Sometimes, immediate selling can save you from big losses. Iβm not giving financial advice, Iβm only sharing my 7 years of experience.
If possible, shift to safe coins or stay in stable coins to avoid big losses. As long as the situation is bad, the crypto market will also stay risky. Don't buy until things go back to normal.
This is the time to stay alert. Donβt just follow the news, but also manage your investments wisely. The crypto market is fast and unpredictable thatβs why itβs very important to make a plan and adjust it when needed.
Some investors who still donβt want to sell, for them the safe option is to shift to BTC (Bitcoin), because its loss is less compared to other coins. I hope my post helps you to think and understand better. Donβt forget to share the post.
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