Trump family earned $1B from crypto..

[ScamViruS]

I saw news reports that the Trump family has made gains this year. And I wasn't surprised because I thought their gains would be several times higher than what was reported, and I still believe that. Because how all the projects launched by the Trump family this year have performed in the market and how they have dumped the prices of those projects can be estimated as to how much their gains could be. It's sad for ordinary crypto users like us to see how big guys are entering the market and using their power to do whatever they want and take away huge amounts of money. And since they are powerful, more powerful people in the crypto market are helping them carry out these activities.

You may be seeing how the crypto market is changing. And we have a final visual of what happened on October 10th, as crypto traders witnessed. The crypto market is in a state where trading is difficult right now, because there is a lot of information coming out that is really surprising.

However, the chart of the Trump family's connected projects is surprising!

News Link : https://finance.yahoo.com/news/trump-family-earned-1b-pre-092758153.html


Official Trump (Trump)



Official Melania Meme (Melania)



World Liberty Financial (WLFI)

[Bitcoin_Arena]

How some traders feel for those shitcoins is still beyond my understanding. OK, at least if one is trading memecoins for fun, that is fair enough, but certainly not heavily investing into them just because they are linked to the Trump or first family. If anything, I would rather trade memecoins that are not linked to any public figure, celebrity, or politician. Those people are just greed sharks, and their greed is insatiable.

[Mrbluntzy]

That's what the market manipulation is all about then, just for his benefit and that of his associates. I just see that he is not yet done with the market yet but what ever goes down, Bitcoin will survive it and those that knows that would take the opportunity of buying at the bottom will do so while the weak hands will also sell off in lose.

[ScamViruS]

How some traders feel for those shitcoins is still beyond my understanding. OK, at least if one is trading memecoins for fun, that is fair enough, but certainly not heavily investing into them just because they are linked to the Trump or first family. If anything, I would rather trade memecoins that are not linked to any public figure, celebrity, or politician. Those people are just greed sharks, and their greed is insatiable.

Crypto traders always chase new trends, and this can easily lead them astray. They buy these memecoins influenced by various celebrities in the hope of quick profits, but after losing all their money, they eventually realize that these were not correct.

We are now in such a situation in the crypto market that no one should be trusted blindly. It is a gathering of all the greedy people, everyone wants to use their influence to make quick money.

And Like this, just two days after 9th October BNB memecoins were dumped like crazy. The complaints of these memecoin traders have been seen on various social media.

So don't trust anyone blindly, everyone here wants to make money, no one has the value of human morality.

[Cryptomultiplier]

How some traders feel for those shitcoins is still beyond my understanding. OK, at least if one is trading memecoins for fun, that is fair enough, but certainly not heavily investing into them just because they are linked to the Trump or first family. If anything, I would rather trade memecoins that are not linked to any public figure, celebrity, or politician. Those people are just greed sharks, and their greed is insatiable.

Crypto traders always chase new trends, and this can easily lead them astray. They buy these memecoins influenced by various celebrities in the hope of quick profits, but after losing all their money, they eventually realize that these were not correct.

We are now in such a situation in the crypto market that no one should be trusted blindly. It is a gathering of all the greedy people, everyone wants to use their influence to make quick money.

And Like this, just two days after 9th October BNB memecoins were dumped like crazy. The complaints of these memecoin traders have been seen on various social media. So don't trust anyone blindly, everyone here wants to make money, no one has the value of human morality.

It's just funny how we only started talking about this now because the Trump family has been into crypto currency before he was sworn in as president of the United States and that's why there's so many large pocket investors invested in their coins.

What's more to say about influence and favors. One may have to buy some coins from the Trump family to gain their trust for favors or contracts.
It's the way the world works. Let's just hope the investors understand their positions and diversify on time before a crash but am sure those that love the idea of a coin that has come to stay would invest more.

[LogitechMouse]

Nothing surprising.
The market for me is like a battlefield where somebody will make money while there will be many that will be losing money.

Imagine how many investors lost their money by investing into those tokens that are connected to Trump especially that TRUMP token. It went to as high as $79, but now it can't even breach 2-digit price at all anymore. This is also one of the reasons why I don't want to invest on tokens that has a connection to a popular person. It's this particular reason why. Their followers will get FOMOed while they will just sell their assets and will make money, and they don't care about other people. They only care about their wallet.

Well, that's how harsh the market is so for those newbies here, learn your lesson. Don't buy Trump-related tokens hoping that it will increase it's price in the long term.

[JeffBrad12]

That's why yall should never hold shitcoin or altcoin.
Something like WLFI was good for flipping money through presale but never meant to hold because we all know the tokenomic isn't that great.

You got bitcoin with the best tokenomic there is now compare it with some altcoin where more than 50% goes to the team, you definitely should choose bitcoin for long term.

[bettercrypto]

In my opinion, I wouldn't be surprised by that matter because Trump is a businessman, especially since he was the US president. He uses the opportunity to gain a lot
because of his strong influence and power over all countries.

I also believe those things happened because he has the ability to control the international market, even if only temporarily, by using the tariff,
which I believe is his secret weapon.

[masulum]

He does have significant influence in the world, but in the case of Trump's memecoin creation, I don't think he can be entirely blamed. There are several reasons I still believe are acceptable.
1. Trump said it was a meme, meaning it wouldn't have any utility.
2. Fomo traders: when insiders and early buyers have already secured a large allocation, fomo traders enter and push the price even higher.
3. Risky trades: anyone who enters at $50+ is a high-risk trader, and those who buy at $70+ are latecomers. They likely think it will go to $100, unaware that the coin is already too expensive for a meme and early buyers have a lot of allocations.

But, for me, it would be better if Trump turned this meme into a utility, with the power and influence he has, if he created a product or service for the coin, it might prevent the price from plunging to its current price which could possibly continue to fall.

[bitLeap]

How some traders feel for those shitcoins is still beyond my understanding. OK, at least if one is trading memecoins for fun, that is fair enough, but certainly not heavily investing into them just because they are linked to the Trump or first family. If anything, I would rather trade memecoins that are not linked to any public figure, celebrity, or politician. Those people are just greed sharks, and their greed is insatiable.

I don't know how they can still feed fat goats. I mean, retailers are still investing their money in shit coins. This is clearly nonsense, something that often happens in the crypto market. Big names and influence are always used as a way to make a profit without having to bother.

But in the end, I will laugh at those who lose money because they invest recklessly in shit coins.

[Mpamaegbu]

It's sad for ordinary crypto users like us to see how big guys are entering the market and using their power to do whatever they want and take away huge amounts of money.

The crypto industry is a place where dogs eat fellow dogs to grow bigger. Just know this and know peace. Those who do all that simply say it's business. And if we look at it from the business perspective, we can't really say they've done any wrong. This is why it's advised that we should only invest what we're capable of losing without having any unrest.

The crypto market is in a state where trading is difficult right now, because there is a lot of information coming out that is really surprising.

Anyone who isn't immune to seeing bloodbath should steer clear of trading at this time until the dust settles and we're back to more predictable market (as it were).

[Z_MBFM]

It is very easy for Trump to make big profits from crypto now because he knows that every action he takes has a big impact on the crypto market. And when he takes a step, he can enter the market accordingly and when the market starts moving, he can make big profits from there. This has now become one of his businesses. He has made $1 billion in profit, while traders have liquidated $19.8B due to his actions and some individuals have lost millions of dollars and committed suicide. Although this is good news for Trump, almost everyone is going through a difficult time in the current market situation.

[Merit.s]

I don't think that Trump $1B is from the sales of his memecoin alone. Trump has insiders that he manipulates the market for in order for all of them to make profits from the market including Trump and his family. Trump came to become president to make money from the market which was the real reason why he created his memecoin before taking over power.

I am not surprised that this is happening because we are all humans and humans loves manipulation in order to make profits from others.

[ashmodeus]

Trash coins will only bring you profits in the early stages of their launch. The hype and the perception that a famous figure is behind them will encourage people to buy them blindly. This may sound like a lullaby to us, but after a few days or months, these coins will become worthless and even disappear after a few years. Therefore avoid investing if you're already behind, as it will only result in losses and only increase the wealth of those famous figures.

[Cookdata]

That's why yall should never hold shitcoin or altcoin.
Something like WLFI was good for flipping money through presale but never meant to hold because we all know the tokenomic isn't that great.

You got bitcoin with the best tokenomic there is now compare it with some altcoin where more than 50% goes to the team, you definitely should choose bitcoin for long term.

I still remembered in one the thread I created when Trump make a U turn about Bitcoin, I knew something was off. Man has never liked Bitcoin in all of his first tenure in government. He was rude and stubborn and every bad commentw he made about Bitcoin was hurting the market. All the tweets I dug them out to proved a point but everyone was like he is changed, all this and that. I think majority wanted his Bitcoin approval but what did we get later, no reserve and no promise was fulfilled.

Somome that wanted to support Bitcoin was launching another coin, I remembered Trumpcoin went almost $70 at many exchanges before the collapse, like where did we got it wrong that we didn't see this flags coming? I saw them but many will think it's personal hate and envy but I think we have the final result. We are not even yet in bear market, we will see what the price is by that time.

[el kaka22]

And the worst part is, his fans will say "how smart of a business man he is!" about it. Not realizing, this dude scammed bunch of people in the crypto world, created a shitcoin for zero money, sold it to all of them, made a billion together with his family, and then he took that money and let you all to lose it all.

And they will still say stuff like "oh if you knew the risks you shouldn't have done it, and if you didn't know the risks then you should have stayed away even more" and just say it's the blame of the people who TRUSTED THE PRESIDENT OF USA, like it's some shitcoin. Well we should have all known it would be a scam, I did, that's why I never owned a single cent of it, and I am super glad that I never did.

[Dave1]

That's why yall should never hold shitcoin or altcoin.
Something like WLFI was good for flipping money through presale but never meant to hold because we all know the tokenomic isn't that great.

You got bitcoin with the best tokenomic there is now compare it with some altcoin where more than 50% goes to the team, you definitely should choose bitcoin for long term.

I mean it's all about manipulation here, the market has turned into Wild Wild West and the White House has full control of it.

Of course we don't invest on meme coins or shit coins, but there are still a lot of investors who easily jump on this wagon thinking it's easy shortcut for them to make money. But they have been played and will be played by the Trump family.

Will the community learn from it? Maybe, but it's very obvious now that they have been manipulating the market from the very start. So it's up to us whether we allow ourselves to be the victim.

[masulum]

Will the community learn from it? Maybe, but it's very obvious now that they have been manipulating the market from the very start. So it's up to us whether we allow ourselves to be the victim.

It's not that meme coin hunters don't learn, but most of them ready to lose some bucks for the early-launch meme buying and selling activity, with all its risks. However, their entry methods may differ from traders who simply buy due to FOMO, especially those who go all-in on early-launch memes.

I often search for early launch memes, but I focus on entry in coins under 20K and with a maximum 50K marketcap. If FOMO occurs, I'll update the limit to 70K marketcap. But, the higher the market cap, the smaller my allocation. And, I usually only buy in the $5-$15 range, with strategy
- selling 50% if it's up 100%+ from initial entry, and left the rest for more if possible, or taking profits of all coins, if indicates will be plunged,
- exit if it's down 30% from initial entry.

I still learn from previous buy (like getting dump and lose all), but that doesn't stop me.

[ScamViruS]

Trash coins will only bring you profits in the early stages of their launch. The hype and the perception that a famous figure is behind them will encourage people to buy them blindly. This may sound like a lullaby to us, but after a few days or months, these coins will become worthless and even disappear after a few years. Therefore avoid investing if you're already behind, as it will only result in losses and only increase the wealth of those famous figures.

Such coins have a bad track record, and if a celebrity launches them, the hype ends within a few days. But what the Trump family did was very different from other celebrities, because Mr. Trump is the president of the most powerful country in the world USA's. And Trump always spoke very positively about crypto, which allowed him to tap into the emotions of the crypto community more than other projects, and as a result, they launched their projects and took billions from the crypto market. Since Trump is in power now, no one is try to ask questions, but he won't be in power forever. I think when he loses power and someone else comes to power, there will definitely be an investigation into all these things, and many people like me will be waiting for that.