Is it time to buy Crypto?

BTC price and WW political situation. Is it time to buy Crypto?

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Crypto prices have rallied in the last month, and the question is whether it is a good time to buy crypto assets. Maybe the worldwide political arena can give us a clue on when is it time to buy Crypto?

Risk disclaimer: The comments, opinions, and analyses expressed on CryptoSoho are for informational purposes only. Trading any assets involves the risk of losing your capital.

  • 0:44 Robert Kiyosaki says he buys bitcoin.
  • 2:07 He says he doesn’t buy bonds and that he doesn’t believe in governments.
  • In December 2023, the worldwide political and economic situation is troubling arising question if it’s a good time to buy crypto assets. If one thinks about the political situation in Russia, China, the Middle East, and Europe, what will happen if Trump is reelected in the US? Will you trust the political future?

Russia-Ukraine War

Long-standing tensions in the region increased as a result of Russia’s invasion of Ukraine, which started the Russia-Ukraine War in February 2022. As of now, the conflict continues with significant military engagements and profound global impacts. Predictions for the war’s conclusion vary, but many experts anticipate a prolonged conflict, with hopes for eventual diplomatic resolutions remaining uncertain amidst ongoing hostilities.

Russian President Vladimir Putin’s position in this conflict has been pivotal. His decision to invade Ukraine was met with widespread international condemnation and severe economic sanctions, affecting Russia’s global standing and economy. This assertive military action reflects Putin’s broader ambitions to restore Russia’s influence on the world stage. The key question arising is: How might Putin’s actions and the ongoing war reshape global political dynamics, particularly in terms of international alliances and the balance of power? Is it time to buy crypto if this conflict affects the world economy?

China and Taiwan

The China-Taiwan tension stems from China’s claim over Taiwan, viewing it as a breakaway province, while Taiwan maintains its own identity. Currently, the situation is characterized by diplomatic tensions and military posturing, with China becoming more assertive. Common speculation on the conflict’s resolution is varied, with some predicting a continued diplomatic stalemate and others foreseeing potential military escalation.

Taiwan holds significant economic importance due to its pivotal role in the global semiconductor industry as a leading supplier of advanced chips. If China were to invade Taiwan, it could disrupt global supply chains, especially in technology sectors, potentially leading to a major global economic upheaval. Regarding China’s President, Xi Jinping, he has been a central figure in reinforcing China’s assertive foreign policy. His leadership style is characterized by a strong grip on power and an ambitious vision for China’s global stature, which includes the contentious Taiwan issue. Xi’s actions and policies continue to have profound implications for international relations and global economic dynamics.

Moving West: The Middle East

Since October 7, 2023, the Middle East has experienced a dramatic escalation in the Israel-Hamas conflict. The brutal Hamas attack on Israel on October 7—the deadliest day for Israel in its 75-year history—was what started this conflict, which has been particularly violent from the start. This incident provoked an intense Israeli response.

The conflict has led to a change in attitudes across the Middle East. For decades, King Abdullah II of Jordan has expressed concern about the conflict fostering radicalization, and other prominent politicians in the area have concurred. Public opinion, particularly in Arab countries, has hardened against Israel, potentially impacting the feasibility of future diplomatic relations and normalization efforts with Israel. This shift in public sentiment is significant and may influence the political dynamics of the region moving forward.

In addition to the immediate humanitarian and political impacts, this conflict has raised concerns at an international level. Although the United States vetoed a resolution calling for a ceasefire in Gaza at the Security Council, the United Nations General Assembly has urged one. The ongoing violence and the complex political situation in the region continue to pose challenges to peace efforts and stability in the Middle East.

Israel-Hamas conflict

The escalation of the Israel-Hamas conflict has undoubtedly increased tensions in the Middle East and has significant international implications. However, whether this conflict could lead to a world war involves a complex assessment of global geopolitical dynamics, alliances, and the interests of major world powers.

In the past, numerous international alliances, mutual defense treaties, and a string of escalating events that brought various nations into conflict have all contributed to the start of world wars. In the current global context, while regional tensions in the Middle East are high and have international repercussions, many factors would need to converge for this to escalate into a global conflict akin to a world war.



In the UK, as of 2023, public opinion reflects a heightened concern about economic issues, notably the cost of living, which is a primary concern for 90% of the population. The NHS, economy, climate change, and housing also rank highly among the issues facing the country. Political changes have occurred during this time, including shifts in major political party leadership and shifting perspectives on important policy issues. The public’s focus has shifted significantly from Brexit to more immediate concerns like the economy and living costs. This shift in priorities underscores a tumultuous period in British politics and society, influenced by a series of domestic and international challenges.

As of late 2023, in Germany, public sentiment towards Chancellor Olaf Scholz indicates a majority of dissatisfaction. A survey conducted on behalf of the public broadcaster ZDF revealed that 51% of respondents were not happy with Scholz’s leadership. This dissatisfaction is primarily attributed to internal tensions within his three-party coalition over spending and governance issues. Despite these challenges, Scholz remains one of the most popular politicians in the country, second only to Defense Minister Boris Pistorius. This period marks the lowest approval ratings for Scholz’s government since it came to power in 2021, with only 19% of respondents expressing satisfaction with the government’s performance.

France and the Netherlands

For France and the Netherlands, similar surveys would need to be consulted to understand the public opinion towards their leaders. Each country has its own unique political landscape and challenges, and the sentiments of the local population towards their leaders can vary greatly based on numerous factors, including economic performance, social policies, and international relations.


In Spain, public opinion towards the Prime Minister as of late 2023 reflects a varied political landscape. Opinion polls show differing levels of support for various political parties, indicating a dynamic and possibly divided public sentiment. The detailed numbers from these polls suggest fluctuations in the political preferences of the Spanish population, pointing towards an evolving political scenario. The specific approval ratings for the Prime Minister or the sentiment towards his policies were not directly available in the sources reviewed.


For Italy, a similar analysis would require examining current opinion polls and surveys to understand the public’s view of their leadership. Similar to Spain, Italy’s political environment is liable to change as a result of various national and international factors, which would affect public opinion.

USA and the Americas

Looking west, the United States faces a complex political and economic landscape. Politically, the nation is navigating deep partisan divisions, with significant debates on policies ranging from healthcare to immigration. Economically, challenges such as inflation and labor market dynamics are key concerns amidst ongoing recovery efforts from the pandemic’s impacts. These factors contribute to a dynamic and uncertain environment shaping the American socio-political and economic narrative.

Taking the above into consideration, we might see former President Trump’s reaction.

Reminding that during Donald Trump’s presidency, some of his most controversial acts included the implementation of a travel ban targeting predominantly Muslim countries, the withdrawal of the U.S. from the Paris Climate Agreement, and his handling of the COVID-19 pandemic.

The risks of his potential re-election could involve a return to similar policies and the possibility of increased domestic and international tensions related to his governance style and policy decisions.

In December 2023, Javier Milei was inaugurated as Argentina’s president during a challenging economic period, with the country facing 143% annual inflation and significant poverty. Milei, known for his radical, anti-establishment stance, has promised drastic public spending cuts to address these issues. His approach signifies a stark shift in Argentina’s political landscape, potentially signaling major changes in the country’s economic and political strategies

Going back to Kiyosaki

The author of “Rich Dad, Poor Dad,” as seen in the above YouTube video, has expressed skepticism towards government policies, especially in relation to financial markets and assets.
His stance indicates a lack of trust in government stability and efficiency in managing economic issues.

And about Bitcoin? “I buy tons of bitcoins.”
So, is it time to buy crypto??

As for every decision we make, and trading is one of them, there are risks.

If you want to diversify your portfolio, please follow our guides on where to buy them.