#USIranWarCloudsGather ⚠️

US–Iran Tensions Rising. Why Every Crypto Trader Should Be Paying Attention

When the US and Iran have problems I stop looking at charts. Start thinking about big picture risks.

Markets do not just care about how companiesre doing or what the numbers say they also care about things that are not certain.

If the US and Iran keep having problems the first thing that happens is usually that oil prices go up.

This can make people worried about prices going up. That can affect what the banks that control money do.

It can also make all the financial markets around the world more unpredictable.

That is when crypto becomes important.

If things get really bad people will probably sell their crypto. Buy safer things.

When people are scared they do not want to take risks. They sell their crypto.

This can make it hard to buy and sell crypto. It can make the price go up and down a lot.

Something else could happen.

If people start to lose faith in the financial system they might start to buy crypto like Bitcoin.

They might think that crypto is a way to diversify their investments.

We have seen this happen before when people got worried about the economy and started to buy crypto.

I do not make decisions based on what I read in the news.

I watch what happens in the markets.

Are oil prices going up?

Is the dollar getting stronger?

Is Bitcoin still doing well even though there is news?

These things tell me what is really going on.

My plan is to stay calm not make decisions based on how I feel and wait for the markets to tell me what to do.

When the US and Iran have problems it can make the markets go up and down a lot. It can also be a good time to make money if you are patient.

What do you think. Will the problems, between the US and Iran make people sell their crypto or will Bitcoin do well once people are not worried anymore?

#GateSquare #Macro #Crypto