Exit or HODL? Ace crypto traders have some money making tips for you
ambcrypto.comRussia is waging war against Ukraine and economists worldwide are trying to keep their heads above the water. As the crypto market reacts to these political ruptures, a new investor might be wondering whether they should be fearful or greedy. To that end, some crypto traders and analysts have shared their opinions.
Messari Research is a knowledge hub for many a crypto trader, and founder Ryan Selkis made no bones about what he was going to do with his crypto during a time of war. The researcher said,
“I’m not selling. I’m moving to cold storage.”
What’s more, Selkis advised investors to take their Bitcoin off exchanges. The reason for this was his prediction that Russia would legalize Bitcoin to evade a possible SWIFT ban. Selkis also believed that in such a case, the USA would monitor Bitcoin activity and stop users from sending money to unknown wallets.
<p lang=«en» dir=«ltr» xml:lang=«en»>1) Russia cut off from SWIFT. 2) Russia legalizes bitcoin. 3) US tracks bitcoin activity in Russia. 4) US bans transfers to unknown wallets.Get your BTC off exchanges.
— Ryan Selkis
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