People dumping crypto for real work

[Olamidetechie]

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.

[Ziskinberg]

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.

[Dr.Bitcoin_Strange]

First, even if someone is into crypto investing, they don't have to keep it as their only source of income because crypto don't even require them to be fully available 24 hours a day, that means that even if you are an investor or a trader you can still have a real job and still be doing your investment. Secondly, even if Harris was the candidate that won the US election, no body knows what would have even happen, probably it would have been worse than this because Kamala is not a Bitcoin friendly person.

[DeathAngel]

Bitcoin is coping remarkably well with all the tariff FUD. Equities are plunging every day but Bitcoin is doing OK at the moment. Obviously that could change but we do not need to panic. Vietnam & Cambodia are already bending the knee & conceding dominancy to Trump. We might not like it but Trump will get what he wants. Bitcoin needs to stay around this range & when this tariff stuff blows over we should have the bull run we desire. 

[Pandorak]

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.

Basically no one can predict the future, including Donald Trump current policies that make BTC prices drop significantly, the economic war waged by Trump really has bad consequences, we know the type of person like Trump, the genius who often destroys the economies of other countries that oppose the US. In this case, it is our excessive expectations that destroy our own finances, hoping that every Trump policy will continue to have a positive impact on crypto, investing all the savings we have to buy BTC at once, without having a good strategy and money management, a big mistake.

You can't just buy, then hope and wait for the profits to go your way, putting all your money on someone else's decision. You have to have a backup plan for situations like this, and yes, a real life job is still important, at least to keep you going.

[Mahanton]

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've been telling this to myself ever since that news or fundamentals arent that guarantee that it could make out some effect in overall market movement, no matter how these people will be trying to tell about their positive plans or whatever it will be. There's no assurance that they will be that true into their words or will be doing on what they had promised or what as long they do get get that support and sympathy of people for them to be able to win then they would definitely do it. Now that they are already on the position, then whats next? Totally laughable into those people who had been believing that these will be that moving up the prices and make a big green candle. This isnt how this market works, yes its reactive to news but not all the time- There might be times that it do moves and getting in line with the current trend but the movement is just that like on an ordinary day.

First, even if someone is into crypto investing, they don't have to keep it as their only source of income because crypto don't even require them to be fully available 24 hours a day, that means that even if you are an investor or a trader you can still have a real job and still be doing your investment. Secondly, even if Harris was the candidate that won the US election, no body knows what would have even happen, probably it would have been worse than this because Kamala is not a Bitcoin friendly person.

This one.

You wont be able to find yourself easily on panicking whenever the market dips, as long you are that investing into the amount that you can afford to lose then
you are just that fine in compared into those people who do make out some all in investment just because they were believing that these news were extremely bullish but where is it now?
Invest on what you can afford to lose then you wont be having any issues no matter what would happen in the market whether positive or negative then it will be just that fine.
You should be that versatile and do able to go with the flow without any problems if you do have this kind of mentality.

[passwordnow]

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 really looks for someone to blame for. When the pre-Trump presidency was there, everyone rejoiced because the market was making rounds and did hit a new ATH. Now that it isn't stable at the peak, everyone is looking for him as someone that didn't helped the market out reached the highest.

I will advise you to DYOR, as this is just my take.

You should apply this as well, with unknown projects you've shilled.

[CroverNo01]

First, even if someone is into crypto investing, they don't have to keep it as their only source of income because crypto don't even require them to be fully available 24 hours a day, that means that even if you are an investor or a trader you can still have a real job and still be doing your investment. Secondly, even if Harris was the candidate that won the US election, no body knows what would have even happen, probably it would have been worse than this because Kamala is not a Bitcoin friendly person.

It's suitable and adapting to stick to crypto, we understand the fact that crypto have been a directive means of making everyone relied on the financial market. Perhaps crypto have been a major breakthrough for some people and have also been one of the worst thing to happen some people. Witnessing these huge losses in the market is simply because the victim have not taken out proper time to learn and this will definitely lead to loss.

You're right, the American Government now welcome the adaptation of bitcoin and cryptocurrency generally. They know the importance of crypto and how it have affected positively because Donald Trump is the president, he has allies with other influential men.

[Dave1]

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.

Exactly, we could have been in worst situation if Kamala is elected as we all know that her political party is against crypto.

As for people dumping crypto, I don't know, but I'm not a full pledge trader or will I treat crypto like a job. So I still have a regular 9-5 job to cover everything, like food and electric bills and then invested on crypto.

For the US economy, it doesn't look good and so with that, it's better to look for option to hedge our money and crypto is the best one.

[letteredhub]

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.

Understudying the Biden administration stance on cryptocurrencies and with Kamala in the Biden's wing, her ideology on bitcoin wouldn't have been any better.

I think the worst Trump administration on bitcoin price is still looking better to me than a Kamala's would have. We wouldn't say as bitcoiners and crypto investors we haven't profited from the emergence of Trump as president not until now that probably his policies are not really impacting positively on crypto market , a situation I think is just momentary.

[laijsica]

In January, the US election caused a huge surge in the price of Bitcoin, which reached ATH. The price increased with the certainty of Trump becoming president. But since then the market has been undergoing a correction because Trump's decision to impose tariffs on various countries around the world is creating a more unstable economic situation. His negative decision has caused a massive collapse in the world's stock markets. The global recession is still prevailing amidst uncertainty among big traders. The price of Bitcoin is still going through a correction period and is likely to become bullish soon. Bitcoin is not affected by the global recession as the effect of centralized inflation is eliminated.

[TastyChillySauce00]

Like you said they got their expectation too high.

It's not only crypto market that got rekt but stock too, people are depressed everytime they see their portfolio, but it's at the end of the day just part of the market.
But this can be opportunity for those who hold big chunk of cash to accumulate, after all in time like this is like the best time you can ever be in for someone that's trying to make a play in the stock or crypto market.

Though I won't bet my money on altcoin for now, too much risk for nothing.

[Accardo]

The influencer is greedy and may have invested at 90k during the bull run and didn't make much profits. Complaining about btc not hitting 200k shows how too many investors wanted to break the bank with Bitcoin and trump's administration. Because they were never interested in crypto, nobody told them that nothing will stop the bear season. Going back to their previous work isn't wrong, btc wasn't made for people to quit their jobs for it, but to trade p2p in a decentralized ledger.

[crwth]

Maybe they’re expecting something that is not possible enough, knowing that crypto could give you some returns. It’s not always, and you need to be careful with what you are investing in. Most of the time, it’s best that you make yourself available for what you could get an opportunity with, whether you have a job or do crypto simultaneously, so I don’t think it should be dumping one for another. It could go both ways.

[Gozie51]

Going back to real work because crypto is not running up against their expectations... They wanted btc price hitting $200k on a twinkling but that is not always the case with bitcoin. It doesn't react positively just as it is suppose to.

Traders are not feeling any disappointment so far because whether at bull or bear, the situation is either up and down volatility. However, the price correction may hit the market anytime soon.

[Y3shot]

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.

Trump can affect the movement of the market but he can't increase the price of bitcoin to go so high because he is a president.  Bitcoin especially is a decentralized currency and can not be regulated or controlled by any one, people should not have so much expectation from bitcoin and cryptocurrency because of some influential people like Donald trump.  If people decide to go back to their real work because of they are not getting what they expect from the price of bitcoin,  then it is not bad because it make no sense for anyone to depend on bitcoin so much, their are other things one needs to engage with because the crypto market can't be predicted.

[sunsilk]

Going back to real work because crypto is not running up against their expectations... They wanted btc price hitting $200k on a twinkling but that is not always the case with bitcoin. It doesn't react positively just as it is suppose to.

To be honest, this isn't the first time to see this transition happen. Every bull run, there's the trend that people quit their jobs because of how much they have made from crypto.

And then, when the bull run ends, we see that meme of the guy who wears a McDonald's hat and quits crypto while going back to the real-world jobs.

These expectations are just too much for those who have been expecting a lot from the holdings they have. They should set aside the reality from expectations.

[andyfibe]

Going back to real work because crypto is not running up against their expectations... They wanted btc price hitting $200k on a twinkling but that is not always the case with bitcoin. It doesn't react positively just as it is suppose to.

To be honest, this isn't the first time to see this transition happen. Every bull run, there's the trend that people quit their jobs because of how much they have made from crypto.

And then, when the bull run ends, we see that meme of the guy who wears a McDonald's hat and quits crypto while going back to the real-world jobs.
In iGaming, we believe in sustainable growth — not moonshots. Betbazar offers  products that deliver real value, real integration, and real performance.
These expectations are just too much for those who have been expecting a lot from the holdings they have. They should set aside the reality from expectations.

Reality always beats expectations. We don't come to work knowing that it will be easy, and most of us think about crypto like that

[JoyMarsha]

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 really looks for someone to blame for. When the pre-Trump presidency was there, everyone rejoiced because the market was making rounds and did hit a new ATH. Now that it isn't stable at the peak, everyone is looking for him as someone that didn't helped the market out reached the highest.

That's how human beings behave. Have something go their way, they will praise you for that. Let the same thing they praise you for going in the wrong direction. They will criticize you badly for that. Forgetting what you have done in the past, of how you brought about positive change.

However, Trump can't please everyone at the same time, he knows whatever actions he takes, people will have something to say. I know that he doesn't give a shit about what people say about him because his mind is to make America great again. Whoever has a good or bad opinion about him should keep it to himself or herself because he can't change Trump's plans for US citizens, which bitcoin is among.

[Zanab247]

First, even if someone is into crypto investing, they don't have to keep it as their only source of income because crypto don't even require them to be fully available 24 hours a day, that means that even if you are an investor or a trader you can still have a real job and still be doing your investment. Secondly, even if Harris was the candidate that won the US election, no body knows what would have even happen, probably it would have been worse than this because Kamala is not a Bitcoin friendly person.

Having a real job before going into crypto investment is a nice decision, it will make you comfortable with any plan you want to follow in your crypto investment. Dumping crypto for real job or work for a while is a good decision because you can save some money that will make you to come back to crypto investment without quitting the work you are doing.

I guess is too early to conclude that Trump disappointed crypto users, we know that Trump like crypto investment ,and he promised during his campaign that there will be improvement  in crypto investment when he finally chose the crypto for their reserve.