๐ฅ๐ฅ๐ฅWhen there are risks such as war, epidemics or something big, people will tend to:
1. Accumulate collateral assets like Gold
2. Reduce assets in risky categories such as stocks and Crypto
3. More cash reserves
4. Buy and stock up on essentials
5. Reduce money spent on things like entertainment, clothes...
If history repeats itself, the Coin market will decline like in 2020.
You should remember that while the price is running, there will always be "coincidental" events that will cause the price to increase or decrease. Most importantly, you have your own plan to deal with it.
1. Accumulate collateral assets like Gold
2. Reduce assets in risky categories such as stocks and Crypto
3. More cash reserves
4. Buy and stock up on essentials
5. Reduce money spent on things like entertainment, clothes...
If history repeats itself, the Coin market will decline like in 2020.
You should remember that while the price is running, there will always be "coincidental" events that will cause the price to increase or decrease. Most importantly, you have your own plan to deal with it.