Topic: How these events will affect crypto market? - page 2. (Read 404 times)
Maybe p2p could still be a thing there? I mean there must be some people with crypto who need cash, and some people with cash and want to protect their value and get crypto for it. Who knows what would happen, but the person who bought bitcoin right before these started, and now can sell it to p2p with a mark up, would be able to make so much money there. Iran famously had similar things and always had a bit higher than usual amount. I remember their ATH during 2017 was 24k for example, not insanely higher, but another %20 on top of the ATH is still not bad at all and could be leveraged in Russia now as well.
I think that in Russia not only oligarchs will use cryptocurrencies, but also ordinary people who know how to use a smartphone. In Russia, any transactions in foreign currencies are now banned, so many people are already finding salvation in Stable Coins. I don't know about ICX, I don't follow this project, but I think it was a pump for the event. Now it is clearly seen that the price is falling.
I also think that Europe is now discussing about a potential of banning POW coins as well. It is bad for the environment according to them. The reality is that it is actually do hurt the world but the reality is that there are so many other things and they think they are legit and crypto is not and that's it.
Aviation industry itself is something that has been hurting the climate itself alone, and oil companies does as well, gas as well and yet all of them are seen as "needed" when the crypto is not seen like that and that is the problem we are having right now because we are not seen as needed.
Europe is no longer discussing banning POW, they have decided not to ban it.
I also think that Europe is now discussing about a potential of banning POW coins as well. It is bad for the environment according to them. The reality is that it is actually do hurt the world but the reality is that there are so many other things and they think they are legit and crypto is not and that's it.
Aviation industry itself is something that has been hurting the climate itself alone, and oil companies does as well, gas as well and yet all of them are seen as "needed" when the crypto is not seen like that and that is the problem we are having right now because we are not seen as needed.
For me IMO opinion yes that new executive order will make an impact in the market because they want crypto on their banks so it means soon or later there will be a massive demand in the crypto market..
And about the ruble of russia, i think even they covert it to crypto they still cannot bypass the sanction because most platform are now freezing their acount as well.. So its impossible..
I think so too. EO meant there will be regulations although this will not be welcomed by most users who keep privacy, the ones who are new to crypto will likely want to join as regulations make the crypto environment safer. I think the EO will be more discussed in APRIL 6-9 Bitcoin 2022 | Miami Beach which is next month and I would expect some other politicians will be there to announce BTC legal tender. And about the ruble of russia, i think even they covert it to crypto they still cannot bypass the sanction because most platform are now freezing their acount as well.. So its impossible..
Korea is about to choose a crypto-friendly president, the crypto community in the country will take it as a positive sign. It is also possible for Russian oligarchs to move to set aside some money into crypto.
Aviation industry itself is something that has been hurting the climate itself alone, and oil companies does as well, gas as well and yet all of them are seen as "needed" when the crypto is not seen like that and that is the problem we are having right now because we are not seen as needed.
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I just finished checking it and the guy is legit. He has great content and the video itself is very informative. You should save it for reference in studying. It would also be a good decision to not stick to a single source and cooy his style or others. You need to find which trading style you are comfortable with because different traders have different trading styles in which they are comfortable with. Like which indicators to use, how many, which timeframes etc. One last advice I can give you is to train your self discipline, tame your emotions and your greed. Because all the knowledge are useless if you can't master these three. Good luck op. 
You need to exercise extreme caution when trading the news, the few that are successful doing this still use TA heavily in their strategy and it is not difficult to understand why, even if you could tell accurately whether a news will affect the market and the direction the market will take, you have no way to know the magnitude and the duration of such movement, in order to get an idea of that you need TA, which explains why many traders that use TA do not bother with the news, as the price sooner or later will reflect the effects of those news on the markets anyway.
That's why it's very important to have a fundamental analysis (FA) while making your technical analysis (TA). FA is a very important factor that could possibly have an effect on the market price. Like what happened to this event now, the war between Russia and Ukraine was shaking the price of Bitcoin, you can't draw a conclusion for sure if you only have TA. lets not take advantage of the possibilities of bumping and pumping because none of these are possible to come now.
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But sometimes, it's an unpredictable movement of Bitcoin even there's a world event it doesn't hurt too much the price. For example the same as when the pandemic hit, it was affected by the start but after a week it was resisted and increased the price back.
Because the investors now knows how the market will move and what can be the possible outcome of each cases, so even this war? won't make this market dumped like what happened in pandemic time. 
You need to exercise extreme caution when trading the news, the few that are successful doing this still use TA heavily in their strategy and it is not difficult to understand why, even if you could tell accurately whether a news will affect the market and the direction the market will take, you have no way to know the magnitude and the duration of such movement, in order to get an idea of that you need TA, which explains why many traders that use TA do not bother with the news, as the price sooner or later will reflect the effects of those news on the markets anyway.
That's why it's very important to have a fundamental analysis (FA) while making your technical analysis (TA). FA is a very important factor that could possibly have an effect on the market price. Like what happened to this event now, the war between Russia and Ukraine was shaking the price of Bitcoin, you can't draw a conclusion for sure if you only have TA. But sometimes, it's an unpredictable movement of Bitcoin even there's a world event it doesn't hurt too much the price. For example the same as when the pandemic hit, it was affected by the start but after a week it was resisted and increased the price back.
BTC wont succeed because of government decisions, best to judge some other factor first and foremost. Politics is deceptive and quite often ironic, its probably the easiest thing to say because a central entity is unlikely to be the benefactor to a decentralized system. It'd be best if governments didnt oppose various growth factors and innovation in an economy but we can hardly say Bitcoin prospects are worth judging off what a politician said or did even. Someone went all the way to the extreme and said BTC being banned in a country made him more bullish at that point, I wouldnt go that far but it stands to reason they dont bother mentioning plenty of other ways to exchange value that could also be used.
The most legitimate way of judging alt coins is by usage, if you can mine it thats the most frequent way people used to get involved. BTC is generally superior to most standards because its more secure, it takes alot to beat the headstart that BTC got. If you havent got a reason to use a product besides speculation on its price, its best to avoid though some people love trading and dont mind about any other factors.
The most legitimate way of judging alt coins is by usage, if you can mine it thats the most frequent way people used to get involved. BTC is generally superior to most standards because its more secure, it takes alot to beat the headstart that BTC got. If you havent got a reason to use a product besides speculation on its price, its best to avoid though some people love trading and dont mind about any other factors.
There's a big expectation on the Biden's executive order to make immediate impact on the market. To the expectation there is no big change in the market. The market continues to be bearish, and this executive order will surely have some positive movement on the market long term. The order has got seven key points among which two are for the consumer protection. He has also requested the digital assets platforms to function along with the government to rule out the usage of cryptocurrencies on illegal activities. These are to make long term benefits which will make slow and stabilized progress in the market.
The wrong thing on here is that people do just directly assumed out that every news would really be having that immediate effect or instant without even considering or looking for long term which isa must!Well, i could'nt really blame out people on having that kind of behavior since usually the market is really reacting neither on long term or in short term duration which is the norm.
So as an investor then you should really be that wise on making out decision on times like these.Neither it would be having effect or not would be always a question.
Hi everyone, in these days where everything is happening I'm wondering a few things and I would love to receive your opinion.
How the crypto market will be affected by:
• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
Thank you for your time.
You need to exercise extreme caution when trading the news, the few that are successful doing this still use TA heavily in their strategy and it is not difficult to understand why, even if you could tell accurately whether a news will affect the market and the direction the market will take, you have no way to know the magnitude and the duration of such movement, in order to get an idea of that you need TA, which explains why many traders that use TA do not bother with the news, as the price sooner or later will reflect the effects of those news on the markets anyway. How the crypto market will be affected by:
• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
Thank you for your time.
There's a big expectation on the Biden's executive order to make immediate impact on the market. To the expectation there is no big change in the market. The market continues to be bearish, and this executive order will surely have some positive movement on the market long term. The order has got seven key points among which two are for the consumer protection. He has also requested the digital assets platforms to function along with the government to rule out the usage of cryptocurrencies on illegal activities. These are to make long term benefits which will make slow and stabilized progress in the market.
IMO, it will affect the market but I would not get my hopes too high. Chances that this becomes a pump have a good chance but don't expect it to be long.
What comes up fast must come down the same way. So, if you are thinking about buying then you could do it now but be aware of the market and the news connected with it. Prepare the exit button because it's not a normal pump but was created by a hype of current events that will not stay.
i.e. Oligarchs selling back to Ruble after this ruckus is over.
What comes up fast must come down the same way. So, if you are thinking about buying then you could do it now but be aware of the market and the news connected with it. Prepare the exit button because it's not a normal pump but was created by a hype of current events that will not stay.
i.e. Oligarchs selling back to Ruble after this ruckus is over.
For me IMO opinion yes that new executive order will make an impact in the market because they want crypto on their banks so it means soon or later there will be a massive demand in the crypto market..
And about the ruble of russia, i think even they covert it to crypto they still cannot bypass the sanction because most platform are now freezing their acount as well.. So its impossible..
And about the ruble of russia, i think even they covert it to crypto they still cannot bypass the sanction because most platform are now freezing their acount as well.. So its impossible..
I think so too. EO meant there will be regulations although this will not be welcomed by most users who keep privacy, the ones who are new to crypto will likely want to join as regulations make the crypto environment safer. I think the EO will be more discussed in APRIL 6-9 Bitcoin 2022 | Miami Beach which is next month and I would expect some other politicians will be there to announce BTC legal tender.
Korea is about to choose a crypto-friendly president, the crypto community in the country will take it as a positive sign. It is also possible for Russian oligarchs to move to set aside some money into crypto.
For me IMO opinion yes that new executive order will make an impact in the market because they want crypto on their banks so it means soon or later there will be a massive demand in the crypto market..
And about the ruble of russia, i think even they covert it to crypto they still cannot bypass the sanction because most platform are now freezing their acount as well.. So its impossible..
And about the ruble of russia, i think even they covert it to crypto they still cannot bypass the sanction because most platform are now freezing their acount as well.. So its impossible..
All those three are already priced in. What you need to realize in crypto world is that if there is a news about something "could happen in the future", that is already priced in after that news, not after it happens. Like when there was a halving, the price moved from 3k to 10k before the halving, it did turned to 20k later on during December, but that took months, during may to December it stayed at 10k.
This is what you are seeing, so the speculative part of the crypto world will never be at the moment it happens, it is beforehand and the legit tangible part of it will happen way later where people actually see the benefit of it, and that is only if they see it.
This is what you are seeing, so the speculative part of the crypto world will never be at the moment it happens, it is beforehand and the legit tangible part of it will happen way later where people actually see the benefit of it, and that is only if they see it.
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Hey there, I just re-read my post and it was so messy. Apologies for that. Im glad though that you are interested enough in learning that you endured reading through my post and understood it. Now as for where to learn these, there are books out there that teach it there are also good stuff on YouTube. You just need to put in effort to learn. Right here and now, I am telling you it will be boring as hell and you will be tempted to invest or gamble trade just by learning a few. You have to control that urge and only trade very small capital. Not for profits but for experience and learning. Then gradually increase trade size when you already have a trading plan, and are confident enough with your trading skills. You will lose money as you try to gain experience, but the difference is fhat you control how much you lose. Good luck op, I hope you succeed.Don't worry, thank you to keep answering me!
I've this video (https://youtu.be/mQvw5JXXnrQ) on YouTube, can I ask you to take a look and tell me if is something good to start learning?
I'm a person that isn't worried about the time for learning, because I understand that it's something that could help me somehow in my future, so if you have any other resources to share, even if they're boring, I would really love to take a look!
How the crypto market will be affected by:
• Biden's new executive order, do you think that is going to pump the market these year?
If there's relation with crypto on that executive order then provably we might a short term hype but don't expect to much on it since mostly bull trap happen on that events.
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
I don't primarily know about the happening on ICX but try to check also the development happen after that election since maybe there are contributing factors on their side that's why they pump that far.
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
Hard to say it is but there's a chance but most provably oligarch will go on gold since this is more secure to them.
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Hey there, I just re-read my post and it was so messy. Apologies for that. Im glad though that you are interested enough in learning that you endured reading through my post and understood it. Now as for where to learn these, there are books out there that teach it there are also good stuff on YouTube. You just need to put in effort to learn. Right here and now, I am telling you it will be boring as hell and you will be tempted to invest or gamble trade just by learning a few. You have to control that urge and only trade very small capital. Not for profits but for experience and learning. Then gradually increase trade size when you already have a trading plan, and are confident enough with your trading skills. You will lose money as you try to gain experience, but the difference is fhat you control how much you lose. Good luck op, I hope you succeed. 
How the crypto market will be affected by:
• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
(....)
For the short term, I am still bearish with the crypto market right now, especially with the tension about Ukraine-Russia.• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
(....)
But I believe this Biden's new executive order is very huge for the crypto, it could affect the market a huge move.
With all this fundamental news, this is very huge if ever all of them are true but when I am looking at the technical analysis part, I'm somehow bearish.
Maybe the executive order and the war news will just negate each other, that's why the price is still below $40k.
Of course fundamentals of bitcoin is going strong, we may seldom see some negative news about it. For traders it's about the technical aspect, we look for price swing and see how we can take advantage of it and make profits. But overall, the market is somewhat in the middle, investors are very reluctant, but at the same time just some small movement keeping the price in the middle.
Don’t know if this is true but apparently there are reports that some rich Russian businessman are selling their crypto on some UAE exchange and it’s why there was a sell off recently.
Basically the complete opposite of what people wanted. It’s not good to let criminals get away with crime by using Bitcoin. It gives it a bad reputation and it’s what will lead to regulation which is what we don’t want.
Basically the complete opposite of what people wanted. It’s not good to let criminals get away with crime by using Bitcoin. It gives it a bad reputation and it’s what will lead to regulation which is what we don’t want.
Going to post an update to this.
This was confirmed to be mostly likely false by many people including some exchanges. Basically it was put out there just to get people scared and sell their coins most likely.
In the article they were claiming of selling $6B worth of Bitcoin, so if true would create a massive dump. However without a reliable source and the fact that why would you exchange safe assets for an asset that can be frozen like real estate, which doesn’t make sense at all. So we can all call it false news.
How the crypto market will be affected by:
• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
(....)
For the short term, I am still bearish with the crypto market right now, especially with the tension about Ukraine-Russia.• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
(....)
But I believe this Biden's new executive order is very huge for the crypto, it could affect the market a huge move.
With all this fundamental news, this is very huge if ever all of them are true but when I am looking at the technical analysis part, I'm somehow bearish.
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