Crypto is going to tank harder than you can imagine over the coming months because of the war in Ukraine

Today we have already seen a huge impact on the crypto market because Russia has declared war on Ukraine.

This is only the start of what we will see. As western powers and NATO bring in real sanctions, the sort that effects the west considerably as well (I'm talking on the level of no longer buying any energy from Russia, cancelling all flights/trade deals/supplies, taking ownership of all Russian owned assets etc.), we are going to see markets crash, energy and food prices soar.

Russian money has infiltrated the West on an unprecedented level and the effects of this war will be universal. The levels of uncertainty and fear in my opinion are going to drive the price of crypto down to levels that would of seemed impossible just a few weeks ago. This could be on par or even bigger than the drop we saw from $20k to $3k in the 2017 market cycle.

As investor tread very carefully in this period. Only invest what you can afford to lose. This is unchartered territory for crypto and bitcoin as nothing on this scale has occurred since its inception.

Just a final note - crypto is not the most important thing right now. The lives of those in Ukraine matter most, I pray that as many people can avoid the conflict and find safety right now. My thoughts are with you all.