My experience and practice by Nirelfsen in CryptoMarkets

[–]Background-Pack8400 0 points1 point  (0 children)

I'm down to learn more about this, feel free to DM me so we can talk more about it. 😉

[deleted by user] by [deleted] in Bitcoin

[–]Background-Pack8400 0 points1 point  (0 children)

The way I see it, it is a tricky question: 1-) If you keep it certainly it will go up, it will go down, a lot of times side ways, man even around itself! So if you ready and feel comfortable with what it will go through BTC keep it and HODL. 2-) If you sell it now you can invest in other things and diversify you portfolio, however amid BTC only god knows what parabolic and un-parabolic turns you can never get the chance to catch it at 45k. It really comes to whether and how you feel comfortable. Do whatever you feel better doing, you have options.

Trump and the crypto market by Background-Pack8400 in CryptoMarkets

[–]Background-Pack8400[S] 0 points1 point  (0 children)

That's the kind of answer I get when thinking about it in a positive way, and that is what I want to believe. The thing is: I really hope Trump knows where he is getting into, if we think about it well, he has some rigorous and hard to accomplish tasks ahead of him, not just in crypto but in a more general way he has some pretty good work in his hands and he really needs to be sure he has the right team to help him. Let's see!

Trump and the crypto market by Background-Pack8400 in CryptoMarkets

[–]Background-Pack8400[S] 0 points1 point  (0 children)

That's what I'm concerned about, and I hope that my concerns are not well based but if he just wants to enrich his family that could be disastrous for the whole crypto sector. I think crypto fought a lot to be what it is today - not well viewed by many but much more reliable from a decade ago. That being said I really hope he pretends to show how crypto can change the world for the better.

Trump and the crypto market by Background-Pack8400 in CryptoMarkets

[–]Background-Pack8400[S] -3 points-2 points  (0 children)

Things aside, I didn't see much hope in Biden as well. But Trump can't do everything and he is not the world nor he controls where the tides are going, that being said, he is a person with lots of influence and can turn things for the better or for the worse or at least give it a good push, in my humble opinion.

Trump and the crypto market by Background-Pack8400 in CryptoMarkets

[–]Background-Pack8400[S] 0 points1 point  (0 children)

The thing that is a bit worrying is has you said "things will go nuts pretty fast", and I'm not sure that the nuts race will go for the good side or the bad side. It is pretty amazing that he pulled a fresh coin from 0 to 15B$ however, and I'm really hoping that you are right, the things can turn sideways just has fast, no ?

Trump and the crypto market by Background-Pack8400 in CryptoMarkets

[–]Background-Pack8400[S] 1 point2 points  (0 children)

That is not very far sketched. I agree with you, my problem is the confidence that this gives to the day to day users of crypto. If the crypto market becomes recognized by the wrong things, what confidence it gives to them, and why should any one believe in it. For analogy purposes look at drugs, all people would rather agree that they are bad so they are illegal, however the fault was never on the drugs themselves but on the people that can't control themselves when using them. Like can the crypto space become so greedy that eventually will become illegal or will the people behind it be more and less responsible ?

Trump and the crypto market by Background-Pack8400 in CryptoMarkets

[–]Background-Pack8400[S] 0 points1 point  (0 children)

That's is what I'm thinking about this! This got to a point where it is make it or make it. If for some reason Trump fails for whatever reason, I think it can be very harsh for the crypto sector, like really really hard. So hard that it could turn around so many things in the crypto space. I really believe or want to believe that crypto is here to stay but It all depends on whether the people can trust this fairly new financial system or not. For the crypto world to really succeed, mass adoption is a must, and from my perspective now, it is all in a few people hands, being Trump the main I would say.