The recent conflict between Israel and Iran is truly distressing. As a cryptocurrency investor, my first thought is whether this will cause another wave of turbulence in the market.

Back when the Russia-Ukraine conflict broke out, Bitcoin plummeted, and many contract traders instantly faced liquidation, suffering heavy losses. This time, with the Israel-Iran conflict, geopolitical risks have escalated again, and risk-averse sentiment will surely increase. People may see funds flowing into traditional safe-haven assets like gold and the US dollar, and the cryptocurrency market may face selling pressure in the short term.

However, in the long run, this uncertainty may also drive the adoption of cryptocurrencies. After all, when the traditional financial system is under strain, decentralized cryptocurrencies offer an alternative way to store and transfer value. Just like in some countries where fiat currencies collapsed, it actually led more people to understand and use Bitcoin.

So, in the face of such unforeseen events, we ordinary investors must remain calm and manage risks effectively. Don’t blindly follow trends; pay more attention to market dynamics and adjust your investment strategy according to your risk tolerance. Remember, controlling risk is always the top priority!