On May 30, local time, a jury in a New York court ruled that all 34 charges against former US President Trump in the "hush money" case were established. Trump's sentencing will be announced on July 11, a few days before Republicans will officially announce him as the 2024 Republican presidential candidate. Trump became the first former president of the United States to be convicted.

Earlier, New York prosecutors accused Trump of entrusting his then-personal lawyer Cohen to pay $130,000 in "hush money" to porn star Daniels during his 2016 campaign for the US presidency to prevent the latter from claiming that she had a sex scandal with Trump in 2006 and affecting her election prospects; Trump subsequently falsified business records and returned the money Cohen advanced in installments in the name of "lawyer fees" to cover up his violations of New York and federal election laws.

It is reported that Trump is charged with 34 felonies, and each charge can sentence him to up to 4 years in prison. However, Trump himself pleaded not guilty to the relevant charges, saying that the lawsuit against him was politically motivated. After the verdict on the 30th, Trump said that the trial was instigated by the Biden administration to hurt political opponents, and he was innocent, and hinted that he would appeal. Immediately, Trump concept MEME-- $TRUMP $MAGA was fully pulled back!

Meanwhile, Jeo Boden, a meme token inspired by U.S. President Joe Biden, surged 20% in a short period of time.

Despite this, traders at blockchain prediction market Polymarket still expect Trump to defeat Biden in the November election. At press time, Polymarket predicts a 56% chance of Trump winning the election, compared to 38% for Biden.

Additionally, nearly three-quarters of registered independents said a guilty verdict against Trump would have no impact on their vote, according to an NPR/PBS NewsHour/Marist poll released Thursday morning. Trump's legal troubles would not prevent him from running for president, as the U.S. Constitution does not prohibit felons from holding the highest office, CNBC reported.

It's unclear, though, what impact Trump's criminal conviction will have on his presidential race against Joe Biden.

How can retail investors reap the big profits from the MEME track?

(1) Invest in batches and build positions instead of waiting to buy at the bottom.

You need to know the characteristics of Tugou. In the currency circle, Tugou is an amplifier of market sentiment. When it rises, it is praised to the sky, and when it falls, it is trampled to the bottom. If you want to wait for it to fall to a certain level and then buy it at the bottom, it is highly likely that you will either not be able to buy it or buy it halfway up the mountain. Therefore, if you play Tugou, you can slowly invest and build a position, and you don’t know how to play all in. Your mentality can beat 99% of people

(2) You must hold on until the second half of the bull market

Many people may have made money on Tugou, and have already run away after 50 or 60 points, and then said that they broke their thighs. If you don't believe me, ask how many people who bought Pepe at a low price have sold it long before this round of rise? Because 9 out of 10 people who play Tugou think that this thing has no value, and the best way is to run away after making money. Little do they know that valuable projects in the currency circle are not easy to rise, because the distribution of chips is obviously unfair. To put it bluntly, the low-cost or 0-cost chips are in the hands of the "dealers", waiting for you to take over and sell them. How can retail investors like us afford it?

But the local dog is different. The fully circulating chips are distributed fairly, which makes it easier to promote. Therefore, if you can hold on to the big bull, or the second half of the bull market, the returns can usually beat the big bitcoin and ether. Of course! What I mean is - hold on to the second half of the bull market. The so-called second half can be more specific, when the big bitcoin breaks through the previous high and doubles. At that time, you must retreat anyway, otherwise you will eventually return to where you came from.

(3) Don’t add leverage to it

The reason why the price of Tugou has such an exaggerated increase is not all due to how many people took the spot, but more from the majority of those who missed out on opportunities and gamblers who frantically added leverage to it. The exchange is very eager to add leverage to Tugou, because too many people are very gambling, and they want to add risks to things that are obviously very volatile. After all, with the volatility of Tugou, it is easy to blow up the position with 2x leverage, which is a matter of minutes. Unfortunately, there are so many ignorant and fearless people who are willing to "send their heads". You just need to avoid being such a "stupid person" to protect yourself.

(4) This is a one-time deal. Once you start selling, sell all the stocks you have. Don’t chase them after you sell them!

It is very normal to sell the local dog stocks at a high price! ! ! ! ! If you don't sell at a high price, you will never get out. Whether you make 50 points and run out and miss the opportunity, or double or triple the profit and run out and still miss the opportunity, you should not chase it anymore. If you chase it, the profit will most likely be vomited back, really. I always think that since I have made a profit, I can make another ten times? But when it falls, I think that it is a profit anyway, so I will add more positions to lower the average price... I keep adding and adding, and it returns to zero.

Remember, don't pay attention to the local dog after selling it, and pay attention to it again after a year. If you can't help but short the position and feel uncomfortable with the profit, please remember that only the big cake is your destination. It's okay to be trapped for a few years, it will always come back, but the local dog will not.

In the crypto industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can keep each other warm and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry. Welcome to the group homepage

#贝莱德IBIT比特币持有量反超灰度GBTC #现货以太坊ETF获美SEC批准 #美众议院通过FIT21法案 #5月市场关键事件