Looking at the current situation how to invest in crypto??

[Faisal2202]

I don't think the war and tension in the middle east is going to have any long effect on the price of BTC, it is going to be short term if you ask me. Israel and Hamas have been at war for a long time now and BTC price has been doing its thing, i don't think the war with Iran will change much. A lot of talk about October though and that there will be a real pump this month, so we're looking forward to it.

You are right about the war duration between Israel and Hamas (Palestine), but I think the war with Iran might change something like what if Iran's efforts in making Atom Bomb succeed, there is a rumor on the internet that the recent earthquake was a result of such bomb testing. Plus, the USA is taking an extreme interest in this war, spending a lot of money and sending a lot of soldiers from India and from the USA. Things might start with Iran, like it started with Afghanistan, at last, they have to shift funds flow from one side to another.

I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.

[vegasus]

I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.

Yes, even though we usually experience an increase in October and it is known as the Uptober month in the crypto space. It's just that if we look at the current war situation, the possibility is actually not big. And we also become more vigilant if we want to do short term or do Long in trading.

It's just that if we want to take the opportunity, then optimize this to be able to add to our portfolio, by doing DCA or some other methods to increase the accumulation of Bitcoin purchases when the price drops.

[Z-tight]

I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.

Things can change very quickly in the crypto market, and i am sure you very well know that, we could see crypto prices rise in mid-end of the month, but let us wait and see. As for the war, i believe things might not go as bad as people are predicting, war is a terrible thing and i think all parties should try and reach a middle ground and tolerate each other, wish it was that easy.

[Faisal2202]

Things can change very quickly in the crypto market, and i am sure you very well know that, we could see crypto prices rise in mid-end of the month, but let us wait and see. As for the war, i believe things might not go as bad as people are predicting, war is a terrible thing and i think all parties should try and reach a middle ground and tolerate each other, wish it was that easy.

Yes, I am pretty aware of the nature of the market, like how fast it changes its flow. Well,  I did not think of the other side where war comes to an end and Trump wins the election (though that's not what I want for some reason), then the whole market will be green as there is no war and no fud ongoing in the world, but then there will be something new and more bad causing more disruption to crypto, like it can be China coming back into the market.

FTX has also announced they are going to pay back their customers, which is a good thing and I am sure they are going to refund in fiat so that money will also come into BTC again and the demand will increase.

[Crypto Library]

FTX has also announced they are going to pay back their customers, which is a good thing and I am sure they are going to refund in fiat so that money will also come into BTC again and the demand will increase.

Yes I also seen that kind of news recently that the US court has give the approment on FTX refund to their customer and it is around 16.5bilion which was huge I have also notice some thing on that they are may have some condition about fund amount like over 50k USD and the under 50K USD I still didn't get the mean of this things. However I still don't have faith on the FTX exchanger and their activities.

[LogitechMouse]

I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.

I will only say the same thing when it's the last week of the month already.

Right now, we're almost halfway through the month and even though we are seeing the market going down compared to last month's price, I still expect that the month of October will be a bullish one for Bitcoin and the whole market. I mean one big news can just push the price upwards especially if it's a big one. Just look at it when the news about China injecting money to stimulate their economy went online. Price of all the markets especially the US Stock Market, and the Crypto market went up significantly. Maybe we see some good news in the upcoming weeks.

Still, I'm not disagreeing with what you said. I'm just having a different perspective towards the market and it's price movement than yours.

[Faisal2202]

Yes, even though we usually experience an increase in October and it is known as the Uptober month in the crypto space. It's just that if we look at the current war situation, the possibility is actually not big. And we also become more vigilant if we want to do short term or do Long in trading.

It's just that if we want to take the opportunity, then optimize this to be able to add to our portfolio, by doing DCA or some other methods to increase the accumulation of Bitcoin purchases when the price drops.

When I made the last post I was not aware of the news that US authorities has given the green signal to the SEC to sell all the BTC that they have seized from Silk Road which is worth around $4.4 Billion, not a small amount. If I had that information in mind I would mention it instead of war because War might not have a big bad impact on the price of BTC as this selling can and if both combined we will see a big dump I hope we will not because there is a bright side to it.

We must put our strategies to work to minimize loss and maximize profits. FTX is also going to repay their customers billions of money Like more than $14 billion dollars so if they made the repayment in fiat there are chances the customers will buy again and the price will go up, I just hope the timing will be right.

[Rubel007]

I don't think the war and tension in the middle east is going to have any long effect on the price of BTC, it is going to be short term if you ask me. Israel and Hamas have been at war for a long time now and BTC price has been doing its thing, i don't think the war with Iran will change much. A lot of talk about October though and that there will be a real pump this month, so we're looking forward to it.

You are right about the war duration between Israel and Hamas (Palestine), but I think the war with Iran might change something like what if Iran's efforts in making Atom Bomb succeed, there is a rumor on the internet that the recent earthquake was a result of such bomb testing. Plus, the USA is taking an extreme interest in this war, spending a lot of money and sending a lot of soldiers from India and from the USA. Things might start with Iran, like it started with Afghanistan, at last, they have to shift funds flow from one side to another.

I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.

At this point, America would never want this war to end because a war here could mean that Iran could wipe Israel off the map. Many countries of the Muslim world will unite and declare war against Israel. America will never want Israel to withdraw from the Middle East. The main reason for this is that Iran is not officially a nuclear power country, but unofficially they certainly work with nuclear weapons. If war breaks out there, America may lose its respect.

We have been seeing in Bitcoin since the 2nd week of October is in a negative trend, but soon we will be able to see the bullish side of the market.

[Faisal2202]

At this point, America would never want this war to end because a war here could mean that Iran could wipe Israel off the map. Many countries of the Muslim world will unite and declare war against Israel. America will never want Israel to withdraw from the Middle East. The main reason for this is that Iran is not officially a nuclear power country, but unofficially they certainly work with nuclear weapons. If war breaks out there, America may lose its respect.

We have been seeing in Bitcoin since the 2nd week of October is in a negative trend, but soon we will be able to see the bullish side of the market.

If we keep talking about war then we will be posting offtopic, so its better for us to stick to the main topic, which is war really can make things hard for crypto market, and not only for it but for all the markets. But now the intensity of war is not that much means, only Middle east is suffering I have seen the videos and I don't want to see them again.

I don't know how this can happen in Lebanon and other countries and still the president of Israel saying they are not harming anyone civilian. They are only targeting army locations I mean that's for real. Well, as investors, we must make the best of this opportunity but still I hate this war not because it will dump the market.

[sampoerna]

If we have to make any investment due to the situation in crypto currency, is this the right time??  As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.

Yes, it's true, no one will know how the future will be. However, that's why when we are going to invest we must be able to consider the pros and cons, analyze first what we want to invest in. Then we first understand how our investment and its risks, including how many years we will invest in. Because these things will later greatly affect our mentality and the possibility of us surviving to invest.

We have been seeing in Bitcoin since the 2nd week of October is in a negative trend, but soon we will be able to see the bullish side of the market.

Yes, and in fact this may even be utilized and optimized to invest again, to increase the number of coins more for Bitcoin at a price that is still quite low. or to add some top altcoins that may have great potential to later in the bullrun era. Therefore, actually when our goal is for the long term, then we should not be too worried about the development of the current market will drop or not, the important thing is that we prioritize to increase accumulation when the price drops if possible. if not, then just wait more patiently. the bullrun will come, I believe in this thing.

[Jating]

I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.

I will only say the same thing when it's the last week of the month already.

And here we are, almost at the end of the month, and unfortunately, it was not the bullish phase that we are all have been waiting for. Yeah, it went as high as $69k, but then, the market has some correction and it goes down to $66k if I'm not mistaken, then bounce back again to $67k currenty.

Right now, we're almost halfway through the month and even though we are seeing the market going down compared to last month's price, I still expect that the month of October will be a bullish one for Bitcoin and the whole market. I mean one big news can just push the price upwards especially if it's a big one. Just look at it when the news about China injecting money to stimulate their economy went online. Price of all the markets especially the US Stock Market, and the Crypto market went up significantly. Maybe we see some good news in the upcoming weeks.

Still, I'm not disagreeing with what you said. I'm just having a different perspective towards the market and it's price movement than yours.

Maybe the best that we can achieved is at least $68k, it could be that the month of October, we might be in the +6%, but that is still very small gains as per last month. And it might be better if we look at November and be just positive. After all, there will be the US election and so far, a supposedly bitcoin friendly candidate is leading and we don't know how big it will be for us if he will be elected officially in the coming weeks of next month.

[Publictalk792]

If we keep talking about war then we will be posting offtopic, so its better for us to stick to the main topic, which is war really can make things hard for crypto market, and not only for it but for all the markets. But now the intensity of war is not that much means, only Middle east is suffering I have seen the videos and I don't want to see them again.

I don't know how this can happen in Lebanon and other countries and still the president of Israel saying they are not harming anyone civilian. They are only targeting army locations I mean that's for real. Well, as investors, we must make the best of this opportunity but still I hate this war not because it will dump the market.

I understand how you feel. War hurts people communities and economies terribly. Situation in Middle East is heartbreaking and it is normal to be upset by what we see and hear.

But war also affects global economy and markets. As investors we need to stay informed and adjust to changes. However it is great that you care about more than just market changes. Recognizing harm war causes and feeling for those affected is crucial. Your words "I hate this war" mean a lot.

[bhadz]

Let's take the logic of how the rich investors do. They invest when everyone is scared of the market and everything seems to be low.
They sell when everyone is interested on the market as that will make the prices higher and make everyone hype for the demand of it increases too.
And, they have untraceable moves when the market shows stability. It could be either of the both that they might do.

[Faisal2202]

I understand how you feel. War hurts people communities and economies terribly. Situation in Middle East is heartbreaking and it is normal to be upset by what we see and hear.

But war also affects global economy and markets. As investors we need to stay informed and adjust to changes. However it is great that you care about more than just market changes. Recognizing harm war causes and feeling for those affected is crucial. Your words "I hate this war" mean a lot.

All the world is against this war but America is still providing Israel with weapons and defense system they are trying to make Israel a hub for their agencies in the Middle East as they are not near to us but when they will have the control of Israel they might use it for Atomic bomb base as well who knows what there main planning is but my words are not really based on true facts but that's just I fear their plan can be.

Besides the genocide Israel is doing is just insane, he sits in the bunker when another country attacks while his own people are outside what a coward. Well I don't want to go off topic here and don't want to show how much I hate this war so I can just pray to Allah for now.

[robelneo]

If we have to make any investment due to the situation in crypto currency, is this the right time??  As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.

If you're going to buy because the price is moving up then you are following a FOMO, its best to buy when there is fear in the market or the market is in bear but its still ok to invest anytime you can do a DCA to grow your investment just use the spreadsheet or use the Coingecko portolio application so you can track your investment any of these are good to track your investment.