#TrumpDeclaresEndToUSIranCeasefire

Back to US-Iran - here is how I'm watching this as a trader, with eyes on Bitcoin - with Crypto & Geopolitics In mind. As traders, we generally tend to see these market moving events happen much faster than our collective markets can discount. So much is developing right now between the US and Iran - between military movements, and growing concern in the Strait of Hormuz, oil spiked immediately on this headline - bringing fear back into traders eyes.

You should know that rising energy costs bring inflation concerns right back, something that impacts stocks and has traders worried about risk assets generally… and often times you’ll see the price of Bitcoin rally (safe haven play) and sometimes it sells off with broader risk. So frankly - not convinced of what direction we head in yet.

Instead of panicking - I am watching for Bitcoin to defend some levels, and to see if money starts flowing back into Stablecoins (from riskier assets) before I put a dollar to work. If fears get worse we may see another selloff in alts first - until opportunity arises in the longer-term. On the flip side - if fears subside quickly - this rally may be as fast as the selloff. But what I have noticed more than anything when it comes to political events impacting markets is that the emotional traders make a mistake when reacting, they tend to buy the top and sell the bottom. Manage your risk instead of predicting the headlines.

Hold some liquidity and keep leverage at a minimum.

These few days could be eventful in not just traditional markets - but crypto as well - we just know that volatility presents itself to the disciplined and patient - not to those driven by emotion. I am personally looking for more exposure as soon as price supports giveway, but for now staying light.

How are you approaching your portfolio?

Defensive, with an eye on Stablecoins - or looking for opportunities with this dip? -> Check out our platform at #GateSquare to see trades in real time.

‍#CryptoMarkets