### The Donald Trump News: Bullish or the Biggest Rug Pull in Crypto History?
🚨 **What You Might NOT Know** 🚨
Many crypto bulls see Trump's campaign accepting crypto donations as a sign of another parabolic bull run. (I'm a bull too! 🐂) Yesterday, I mentioned that if $BTC hits a new ATH, I'll convert 80% of my holdings to USDT until December. This news doesn’t change that plan.
### Key Points:
- **Trump’s Crypto Portfolio:** Trump has received crypto donations and sold $ETH for millions, all profit. He hasn't endorsed any specific tokens and hasn't purchased crypto himself.
- **Shifting Stance:** Historically a proponent of the USD as the sole currency, Trump has recently shown support for crypto, making this election crucial for crypto's future.
- **Election Impact:** Trump has hinted at day-one policies affecting crypto, but details are unclear. This could swing either way and influence the market significantly.
### Potential Risks:
- **Policy Uncertainty:** Neither Trump nor Biden has provided clear crypto policies. Trump could change his stance if elected, potentially causing a market crash. Large holders might use this as an opportunity to cash out and short the market.
- **Investor Caution:** Monitor the election closely if you have a large portfolio. Concrete confirmation of candidates’ crypto policies is crucial before making decisions. The longer we wait without clear policies, the more likely I am to take profits and hold.
✌️ Stay informed and cautious!