### The Donald Trump News: Bullish or the Biggest Crypto Scam?
🚨 **What You Might NOT Know** 🚨
Some crypto enthusiasts are hopeful about Trump accepting crypto donations, seeing it as a potential catalyst for a new bull market. However, I'm also cautious about it. Yesterday, I mentioned that if Bitcoin reaches a new all-time high (ATH), I'll convert 80% of my holdings to USDT until December. This news doesn’t change that plan.
### Key Points:
- **Trump’s Crypto Moves:** Trump has received crypto donations and sold Ethereum (ETH) for millions in profit. He hasn't backed any specific tokens and hasn't personally bought crypto.
- **Shifting Stance:** Despite previously favoring the USD, Trump has recently shown interest in crypto, making this election significant for its future.
- **Election Impact:** Trump has hinted at policies affecting crypto from day one, but the details remain unclear. This uncertainty could sway the market either way.
### Potential Risks:
- **Policy Uncertainty:** Both Trump and Biden lack clear crypto policies. If elected, Trump might alter his stance, potentially causing a market crash. Big investors could seize this opportunity to sell and short the market.
- **Investor Caution:** If you have a sizable portfolio, keep a close eye on the election. Knowing the candidates’ crypto policies is essential before making decisions. Without clear policies, I might consider taking profits and holding.
✌️ Stay informed and cautious!
#Trump2024 #BlackRock #BTC #AltcoinInvesting