If my money in the digital world (cryptocurrencies) is negatively affected by war or any geopolitical tensions. My investment in gold saves my portfolio, gold rises in such situations. As a result, my portfolio is thriving.

‎🟡 The market did not respond much to the news of the war for a while. The drop with the news of the #war was a slight drop..

‎I was surprised by this issue..

‎But the impact has started to show now, and the current situation tells you that anything can happen. Bitcoin may drop more.

‎And its drop drags other currencies down more. But the only important factor is these two words:

‎✅ "Risk Management"

‎You must have a plan for the drop scenario and a plan for the rise scenario.

——

‎📝 What's my plan, Monas? What was (and still is) my plan?

‎1. Buy during the drop (then) sell after the rise, even if it was (a slight rise).

‎✅ I have been following this saying for more than 5 years:
‎(Are you making a profit? Are you satisfied with your profits? Sell.. don't be greedy!)

‎❌ And stay away from this saying:
‎(Hold your investment positions, even if it takes you to zero..)

——

‎2. And more importantly than all this.. (Diversify your investments)..

‎I buy #gold (and I have talked about this point a lot) since the price of gold was $1600 per ounce. Where is gold now? Thank God, I am very profitable from buying it.

‎Will I sell #gold? Yes, maybe yes maybe no. Depending on current circumstances. After the news of the closure of the #Strait of #Hormuz by Iran, I expect gold to rise more.