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Brothers, I’ve been doomscrolling on X all day, and the old American and the Iranians next door have started banging the table again recently. Looks like the oil price will keep climbing like crazy when the market opens📈, and Bitcoin is jumping up and down right along with it. A few of the guys in the group are so anxious, they keep asking every day: “Are our coins going to be ruined?”
Don’t panic. Today we’re not going to mess with those empty, fancy terms—let’s just talk about the real details inside.
First, let’s talk about Bitcoin. Right now, it’s basically a “showoff.”
Usually it brags that it’s “digital gold,” but the moment anything happens, it runs faster than anyone. Look, just a few days ago, when the news came out, Bitcoin directly dropped from around 70,000 bucks down to around 65,000. It was hovering around 65,000. Why? Because when things really kick off, everyone gets scared. The first reaction is to switch everything they can sell into cash. Something as “stimulating” as Bitcoin is naturally the first thing to be dumped.
So don’t believe any “buy Bitcoin during wartime” nonsense—that’s all hindsight. By the time the fighting is really intense, power and the internet are unstable, and it’s hard to transfer even on-chain—then how are you supposed to avoid risk?
$BTC