Hello friends of Leofinance. How are you all ?
I hope you are all well. Today, I would like to make a statement about something that could probably happen in the coming days or weeks, if this war between Iran and Israel intensifies.
I mean what could happen with the trading and cryptographic markets, given that I am very interested in delving into this since it is something that is part of my personal financial activity.
As you know, between Israel and Iran, there is a war problem that dates back practically centuries, however, in view of the assassination of the leader of the Hamas group, which is related to Iran, this problem became even greater, with a response in revenge for part of Iran, since they cannot allow this to happen in their territory, for now, everything is in expectation of what magnitude this attack against Israel will be, but this has generated a lot of tension in global markets.
For example, we have been seeing that Gold has been rising in price, the same is happening with Copper as well as with oil, and it is common for this to occur in situations of high geopolitical tension or in war conflicts, which can be done The more pronounced the military deployment and attacks on both sides, which will result in a more pronounced increase in the prices of these commodities, the less is what I believe will happen based on what has historically occurred.
But on the contrary, risk assets such as cryptocurrencies, and stocks, or American indices, can fall precipitously, this is also what has happened at other times in history.
Of course, in the war process that is what has happened, but prices usually recover much more than they were before the start of the conflict once the war ends.
But, to be able to handle this, you have to have a lot of patience, because there is something very real, and that is the fact that all this usually takes a long time, it is not something that happens overnight, and act accordingly. Emotionally is what usually causes most people to lose money in the process.
This is where it pays to always have a long-term vision. We do NOT know how #BTC is going to act specifically, because it has practically never been in a deep global economic crisis process, much less in a war process that could last for who knows how long.
I think it is time to be very cautious, because undoubtedly no one can have a crystal ball to know exactly what is going to happen, these are just speculations on my part, without ever pretending that it is investment advice.
Greetings, have a good weekend everyone.