LIVEWhy did the market fall? $
Recent announcements regarding the US Consumer Price Index and preliminary inflation expectations indicate that it may be some time before inflation declines. Additionally, the conflict between Iran and Israel has raised concerns about a possible impact on rising inflation, which could further delay a Federal Reserve interest rate cut.
When the conflict between Russia and Ukraine began, many individuals gave in to fear and liquidated their assets. Similarly, during the outbreak of COVID-19, fear caused people to sell their assets. There will always be political issues that could encourage you to sell your Bitcoin. However, it is important to take a step back before making such a decision. Selling impulsively out of fear may lead you to a bad decision. Bitcoin will survive conflicts, bans and regulations. It will endure even beyond the solvency capacity of many governments operating under a Bitcoin standard. Bitcoin constitutes a safe haven asset; no conflict can stop it.
Do not sell your positions at a loss. The market will eventually turn around because interest rates cannot stay high for long.
To avoid surprises, hold on to your cryptocurrencies and continue to practice the DCA strategy on promising cryptos in the field of AI and RWA.
