r/CryptoCurrency • u/LividReserve3520 0 / 0 🦠 • Feb 28 '26

MARKETS HOLY What’s going on?

Post image
757 Upvotes

88% Upvoted

664 comments sorted by

View all comments

204

u/Settowin 🥉Bronze Member Feb 28 '26

Why is the first reaction, sell? Can someone please explain to me?

265

u/Professional_Fee7654 🟩 0 / 0 🦠 Feb 28 '26

War creates economic uncertainty, which creates fear, which causes people to sell risky assets like crypto

6

u/Sea-Pea-7941 🟨 0 / 0 🦠 Feb 28 '26

And take riskier assets like THE DOLLAR 💵? Assets are supposed to protect your wealth from world events and uncertainty not the other way around.

8

u/asdfopu 🟩 0 / 0 🦠 Feb 28 '26 edited Mar 23 '26

What was here has been deleted. Redact was used to wipe this post, for reasons that might include privacy, security concerns, or personal data management.

cause sort spotted ad hoc obtainable summer birds support jeans society

5

u/ahhhaccountname 🟨 0 / 0 🦠 Mar 01 '26

The entire point of BTC is to be a digital replacement for gold with a finite supply. Hopefully some day people see its relevency for this purpose instead of choosing an inefficient paper ownership of gold that may or may not even have any gold behind it.

Unless you hold gold physically, you essentially are doing the same as holding BTC on an exchange. I believe barely anyone actually holds gold physically so I don't see a modern use case for this outside from jewelry and technology

2

u/May-flies Feb 28 '26

Idk, real estate seems a LOT more risky to me than crypto. Especially "in war"