People dumping crypto for real work

[Jegileman]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

Everyone is just confused in one way or another, but in my own view, these people have higher expectations of Trump than he has for himself. I think most of them expect to see massive gains, like BTC entering $200,000 immediately, which is impossible. Because in this space, there should always be a plan B. But funny enough, most of them are now back to their real work after predicting BTC to reach 40k.

Trusting in the words of a politician is not something you should do in a democratic system of government. People went further to predict the price of bitcoin to reach some certain high prices without considering other things that will make it impossible to just happen, and that’s why there is big disappointment everywhere about the market current state. If they’re lower their expectations, it would have been a smooth ride and most of them would have taken profit when the price reached $100K initially.

Those leaving crypto for real work shouldn’t have left their real work for crypto or never should have been relaxed not to look for one even after investing in bitcoin. The cryptocurrency market is a volatile market and such you should expect the worst case scenario in any investment you’ve done. Patient wins the game in the end though, the market will recover but depending on it solely for a time you project for yourself may disappoint you but the market won’t disappoint when you allow it to do its thing without predicting it yourself.

[BenCodie]

Even if Harris wins, there’s no guarantee the market will turn bullish under her leadership. So let’s just accept reality, and to avoid unnecessary stress, we shouldn’t put too much faith in Trump’s statements either. It’s obvious he’s just playing games. And, there’s a real possibility he’s engaging in insider trading. Because people trust him, he can exploit that influence.

Take his recent announcement about Bitcoin or crypto becoming part of the national reserve, right before that, his son hinted at 'something big' coming. That alone raises suspicions of insider information being used for quick trading profits. We need to be cautious.

I agree. Thinking that the other party means the opposite actions to the current party is not a sound way of thinking. The reality is that democrats were not "pro-crypto" nor were they good for it by any means. Think operation chokepoint 2.0, think FTX (democratic ties), there was probably no plan in place to do anything good or for-recognizing bitcoin or crypto, and probably only efforts to further criminalize it (based on their actions toward it while under ruling).

To fix the American economy and to successfully integrate bitcoin and digital assets, there needs to be a hard reset, there needs to be revaluation of these markets so that they can exist together on the same markets. Assets need to be revalued. A lot needs to "come back down to reality" after a long, extended period of monetary expansion. When the dust settles, it will be clear that Trump was the right move. He's just bringing the pain that has been boiling for a long time, and getting it over and done with.

[Marvelockg]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

What you did not consider is that Trump was bullish on Bitcoin during the campaign, while Kamala Harris was not. if after a president that is bullish on Bitcoin came in and nothing serious changed, do you not consider that it would have been worse if Kamala won? it was an error for us to even think that by Trump's stand in crypto, things were going to dramatically gain a massive momentum. it did happen, but like it normally is the case, it didn't last that long. Politicians are always politicians, and when it comes to a time when they will have to meet their words with action, it is always rare to see them standing up for what they promised.

People dumping crypto for real work

As for this, I am part of those who don't subscribe to doing crypto as a full-time job. the returns might be massive at times, but it is better doing it does not in any way come in the way of your real-life job. if you are a full-time investor, it doesn't take more than two hours a day to get things done in this niche, and you can spend the rest of your time doing other regular jobs.

[Tipstar]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

Everyone is just confused in one way or another, but in my own view, these people have higher expectations of Trump than he has for himself. I think most of them expect to see massive gains, like BTC entering $200,000 immediately, which is impossible. Because in this space, there should always be a plan B. But funny enough, most of them are now back to their real work after predicting BTC to reach 40k.

In all of these, I have nowhere to go because I will do everything to make the most from this market. As I am back to my pre-market trading vibe, at least I saw around $115 in $NIL, $RED, and ANLOG combined. My next pre-market move is on $BABY, as it has the potential I see in a project like focusing on Bitcoin staking and securing decentralized networks through self-custodial methods. I will advise you to DYOR, as this is just my take.

Many people might have lost their livelihood and many may suffer from financial crisis but personally I believe it was coming sooner or later.
People blame Trump for the recession as its his tarrifs that started the downfall but there were already financial indicators that showed something big is going to happen. The debt of US was ever increasing and it could have carried on for some years but Trump's decision to self isolate has made it rapid.
Similar was the situation is crypto, the rise was expected by many but there were no real reason for addition of value in crypto other than pure speculation.

[justdimin]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

yeah trump may not satisfying all crypto holders right now but we also do not know what kamala harris would have done because from what i know she was not the biggest crypto fan either so maybe if she had won crypto would not even be part of the discussion at the white house

and people should stop focusing on only one issue when it comes to voting people should have voted for who they agree with more in terms of beliefs and programs to implement

Trump isn't doing all of this because he is anti-crypto neither. He is not doing anything regards to crypto too, he is a very pro-crypto person and even had his own memecoin (and his wife).

The problem is not him being in favour of crypto or not, it is about how he is ruining the economy and not just for America neither, for the whole world. So when you ruin the whole economy and everyone is poorer, people will not be able to buy bitcoin at high prices, since they do not have the money for it, hence when someone wants to sell bitcoin, they won't find a buyer who is willing to pay a lot, since people are poor, so they would need to try to sell for cheaper and cheaper until people can afford to.

So it is not about being pro-crypto or anti-crypto, it is about economy. If Kamala took over, she wouldn't be doing any of these drastic big deals, and economy would be ordinary, sure she wouldn't make you rich, in fact she would make you poor too, but small bit, gradually, tiny by tiny amounts, so we wouldn't see these crashes which Trump caused.

[Bushdark]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

Everyone is just confused in one way or another, but in my own view, these people have higher expectations of Trump than he has for himself. I think most of them expect to see massive gains, like BTC entering $200,000 immediately, which is impossible. Because in this space, there should always be a plan B. But funny enough, most of them are now back to their real work after predicting BTC to reach 40k.

In all of these, I have nowhere to go because I will do everything to make the most from this market. As I am back to my pre-market trading vibe, at least I saw around $115 in $NIL, $RED, and ANLOG combined. My next pre-market move is on $BABY, as it has the potential I see in a project like focusing on Bitcoin staking and securing decentralized networks through self-custodial methods. I will advise you to DYOR, as this is just my take.

Many people might have lost their livelihood and many may suffer from financial crisis but personally I believe it was coming sooner or later.
People blame Trump for the recession as its his tarrifs that started the downfall but there were already financial indicators that showed something big is going to happen. The debt of US was ever increasing and it could have carried on for some years but Trump's decision to self isolate has made it rapid.
Similar was the situation is crypto, the rise was expected by many but there were no real reason for addition of value in crypto other than pure speculation.

Many would soon realize that cryptocurrency is not a get rich scheme when you put your money and expect the market to give you profits within some few weeks. Many are still skeptical and asking questions why they their investments are not bringing something tangible to them. This might be as a result of bad information about the crypto space. Some persons would not even bother to do some research about the market, all they will do is to start investing because of the hypes they are seeing on social media making it looks like cryptocurrency investment can be at anytime without any need tomorrow studying the market.

[Mahanton]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

Everyone is just confused in one way or another, but in my own view, these people have higher expectations of Trump than he has for himself. I think most of them expect to see massive gains, like BTC entering $200,000 immediately, which is impossible. Because in this space, there should always be a plan B. But funny enough, most of them are now back to their real work after predicting BTC to reach 40k.

In all of these, I have nowhere to go because I will do everything to make the most from this market. As I am back to my pre-market trading vibe, at least I saw around $115 in $NIL, $RED, and ANLOG combined. My next pre-market move is on $BABY, as it has the potential I see in a project like focusing on Bitcoin staking and securing decentralized networks through self-custodial methods. I will advise you to DYOR, as this is just my take.

Many people might have lost their livelihood and many may suffer from financial crisis but personally I believe it was coming sooner or later.
People blame Trump for the recession as its his tarrifs that started the downfall but there were already financial indicators that showed something big is going to happen. The debt of US was ever increasing and it could have carried on for some years but Trump's decision to self isolate has made it rapid.
Similar was the situation is crypto, the rise was expected by many but there were no real reason for addition of value in crypto other than pure speculation.

Many would soon realize that cryptocurrency is not a get rich scheme when you put your money and expect the market to give you profits within some few weeks. Many are still skeptical and asking questions why they their investments are not bringing something tangible to them. This might be as a result of bad information about the crypto space. Some persons would not even bother to do some research about the market, all they will do is to start investing because of the hypes they are seeing on social media making it looks like cryptocurrency investment can be at anytime without any need tomorrow studying the market.

Just let them be able to realize those things along the way, people wont be stopping on doing such stuffs not until they will be able to experience for themselves on how this market works or behaves. This isnt a get rich scheme because you will be needing up to analyze and made out some actions or work on making yourself that be profitable on crypto space. Come to think that you do have your own day job and having also that crypto investment on which it is that a good additional potential source of income and thats some advantage. You are the ones will be making out such act because if you are that becoming that too rushing on decisions specially on investing then it could be resulting into some negative impact and could cause up some loses too. Yes, loses are inevitable but it doesnt mean that you will be  trying out to become careless into your next move. We are thriving to find up ways for us to make money or income, it doesnt matter on which way you are that going into or what path you do need to take. The key on here is that you do have that set up those plans accordingly.

Trusting in the words of a politician is not something you should do in a democratic system of government. People went further to predict the price of bitcoin to reach some certain high prices without considering other things that will make it impossible to just happen, and that’s why there is big disappointment everywhere about the market current state. If they’re lower their expectations, it would have been a smooth ride and most of them would have taken profit when the price reached $100K initially.

Set your expectations low then you wont be having any problems, the only issue on here is that people do become that too positive or having those kind optimism that they could make it through
without having those set risks management then this is where problems do start to arise. In speaking about being relying into those politicians with your own way of living or whatever the needs
you are that seeking then its not a good behavior. We are doing things on which we do know on where we can be able to survive.

[Abiky]

Is Trump the downfall of cryptocurrency? I heard this on X by a popular influencer some days ago, as he was lamenting and wishing Kamala Harris should have become the US president.

Everyone is just confused in one way or another, but in my own view, these people have higher expectations of Trump than he has for himself. I think most of them expect to see massive gains, like BTC entering $200,000 immediately, which is impossible. Because in this space, there should always be a plan B. But funny enough, most of them are now back to their real work after predicting BTC to reach 40k.

In all of these, I have nowhere to go because I will do everything to make the most from this market. As I am back to my pre-market trading vibe, at least I saw around $115 in $NIL, $RED, and ANLOG combined. My next pre-market move is on $BABY, as it has the potential I see in a project like focusing on Bitcoin staking and securing decentralized networks through self-custodial methods. I will advise you to DYOR, as this is just my take.

What could've been worse? Donald Trump winning the presidency or Kamala Harris? I think you know the answer. Trump's tariffs might've impacted global markets negatively, but his administration has been working day and night to soften crypto industry regulations. Many within Trump's cabinet are pro-crypto, too. Donald Trump established the "Strategic Bitcoin Reserve", allowing the US government to hold BTC in its portfolio, alongside a basket of altcoins. Would Kamala do such a thing? Of course not!

It would be wise to hold onto your crypto (especially Bitcoin), instead of panic selling. Else, you'll regret an opportunity of a lifetime to get filthy rich. In this bear market, you can grow your stack of coins without "breaking the bank". Hopefully, the impact of tariffs ends soon so crypto could go all the way to Mars.

[tygeade]

Just let them be able to realize those things along the way, people wont be stopping on doing such stuffs not until they will be able to experience for themselves on how this market works or behaves. This isnt a get rich scheme because you will be needing up to analyze and made out some actions or work on making yourself that be profitable on crypto space. Come to think that you do have your own day job and having also that crypto investment on which it is that a good additional potential source of income and thats some advantage. You are the ones will be making out such act because if you are that becoming that too rushing on decisions specially on investing then it could be resulting into some negative impact and could cause up some loses too. Yes, loses are inevitable but it doesnt mean that you will be  trying out to become careless into your next move. We are thriving to find up ways for us to make money or income, it doesnt matter on which way you are that going into or what path you do need to take. The key on here is that you do have that set up those plans accordingly.

Losses means one thing to a veteran; a learning experience. If you make a loss, that is normal and part of life in trading world, but if you learn from it and not make the same mistake again then that loss was not for nothing and you should be happy about it. Most people make a mistake and they do not realize how they are making a mistake. I am not saying you should avoid any of this, I am just saying we need to consider this as normal and not make any type of mistake on the long run again and again.

If you try to avoid making a mistake, that would be the mistake itself, you are not going to gain anything from that and you are not going to make any profit that way, always realize losses are a natural part of this market.

[Tom Ronald]

People dumping crypto for real work

As for this, I am part of those who don't subscribe to doing crypto as a full-time job. the returns might be massive at times, but it is better doing it does not in any way come in the way of your real-life job. if you are a full-time investor, it doesn't take more than two hours a day to get things done in this niche, and you can spend the rest of your time doing other regular jobs.

Exactly, it’s better to be a trader or investor on the side rather than doing it full time but nowadays most people join the industry as a full time trader believing they would be making profits all the time. This is the reason i stake alot on exchanges like Bitget candybomb because it doesn’t require much time, i heard $Babylon is now listed. I prefer multiple sources of income alot, the earlier traders realize this the better.

[Agbe]

Anyone that is still expecting more from trump is not a realistic person because trump has already done his best for both you don't expect Bitcoin price to jump from where it was initially to $200k that will be dreaming so nobody should bring Trump into this Bitcoin price has been struggling to go back to normal but trump should not be used as reason why the current Bitcoin price is like that, the policies of trump which is to me is about political interests should not be used or seen as the reason why Bitcoin price is fluctuating at this rate