Geopolitics Make Crypto Crash

War, I don't like this. War will not be profitable for both sides. Wise people say that those who win in war will become charcoal and those who lose war will become ashes.

So, no one gains in war. War is the enemy of humanity. I feel war will bring misery to humans on both sides of the war.

War turns tears into lakes. The people who suffer and cry are sadder than the bitter memories of the rain. Every drop of blood and tears recorded a dark history.

In addition, the war resulted in losses in the economy. State and private finances will be destroyed. To restore a stable economy, warring countries need a long time.

Stocks Have Cry

Information from the stock exchange said that geopolitical tensions between Russia and Ukraine made the stock market turn red.

The key index of Russia’s main stock exchange tumbled 20 percent after a delayed opening as investors feared the effects of Western sanctions following Moscow’s decision to attack Ukraine.

The RTS index was down 20.16 percent on February 24 after reopening following a suspension implemented by authorities.

source: Moscow Stock Market, Ruble Plummet After Russia's Attack On Ukraine

No one can say for sure whether the geopolitics between Russia and Ukraine will not affect other countries. I hope not. Because the world war made destruction for the earth. The world economy will be destroyed if a world war occurs.

We recognize several reasons for the market from stocks. One of them is the development of politics and security of the whole country. If there is a country with great military power declare war.

There are issues that will affect the considerations in the economy. War requires economic support to carry out military action and win the war. Therefore, economic support will have an impact on the international stock market.

The stock market in Russia is a challenge apart from the economic conditions in Ukraine. The stock market in Indonesia is also unpredictable.

Do you have assets in stock? You should keep those assets until the international geopolitical situation is safe and stable again.

Crypto Market Crash

It was Russia that officially declared its invasion of Ukraine and it had already happened. The bad result of the tension between the two countries damaged the stock market.

It doesn't stop here. The next problem is that the crypto market is crying too. I don't understand how crypto goes down like stocks.

“It doesn't look like Bitcoin is going to be a safe haven in a geopol crisis,” market commentator Holger Zschaepitz commented on Russia-Ukraine tensions.

Source: Bitcoin dips to $36.4K as Ukraine move sends Russian ruble to near 6-year lows vs. dollar

The international geopolitical situation does affect the situation of the world economy. However, cryptocurrencies that are unaffected by central banks should survive.

In fact, the falling market for in the world of crypto makes us curious to read the development of this international political tension.

Bitcoin Cash is one of the assets that fell due to the unstable situation in the world. When I wrote this article, the exchange between Bitcoin Cash and USDT was at 265 USDT for 1 Bitcoin Cash.

All assets in my wallet are experiencing the same thing. All my assets seemed to fall from the sky to the earth, like a meteor that hit the earth and was destroyed for a while.

source: Crypto Market Capitalization Slumps to $1.5T as Russia Attacks Ukraine

My Opinion For This Situation

For those of you who have more funds, you can read the potential of the market. You have to consider all the information on stocks and cryptocurrencies.

If there is an opportunity to buy, we can buy to store and add assets in crypto, especially the ecosystem of Bitcoin Cash.

Whatever is happening at this time, we hope that there is a solution to the tension that occurs. I hope there are no more wars because many countries are not ready for war.

The power of the military will destroy our lives. The devastated economy due to the global pandemic will make our lives more difficult.

You have to keep your assets in gold, stocks and crypto. If you have these three assets. You should keep up to date with crypto chats so you know what to do next.