Is it good that politics is involve in crypto market?

[7juju]

But the extent to which political events affect the crypto market may not remain the same over time as I feel the effects will reduce because more persons will become used to  the volatility that it causes and become less reactive.

What you are saying would have been possible if most people were more of investors than traders, but unfortunately there are more traders these days that are always in chase of little profits that can't take the chances of holding back their bitcoin at any small negative political news. When there are political unrest it is mostly traders that lead the race in selling their bitcons not investors. So I doubt if there will ever be a time that traders will stop doing what they do best which is selling at every negative global political news or other manipulation tricks from bitcoin whales.

[348Judah]

Nothing like politics in cryptocurrency, because this is often a decentralized networks that are not controlled by government, instead by individuals that have invented on them, also when we talk about the market price, there's nothing like manipulation there, though there might be some kind of reactions in it, but the truth is that no one controls all these, there are seasons and how we could track for our own profit how the market moves.

[Minor Miner]

I think it is beneficial that politics plays a role in the crypto market because, with strong fundamental analysis and an understanding of the U.S. economy, investors can take advantage of market movements and potentially earn good returns. However, political influence also increases volatility and risk, which means staying informed about global affairs is essential.

To be cynical, politicians are only using cryptocurrency to enrich themselves - Trump is the epitome of this. He doesn't care about Bitcoin whatsoever, it is merely a device that acts as a distraction for him to pimp out his Trumpcoin. He is just trying to raise money for his family and we are Bitcoin holders are just bystanders that benefit from it. As the world has Trump for a few more years we are likely to be insulated and benefit during that time from his liberal support of it. As investors you always need to take advantage of the current market conditions instead of imagining what it should be or will become. Take advantage of the volatility that is still on offer and you could find some profit out of it.

Politicians are not just using cryptocurrencies to enrich themselves and their families. They are turning bitcoin and cryptocurrencies into tools to serve their political agenda.

Before the Trump family abused their power to make money from cryptocurrencies, he used the industry to entice and persuade voters to vote for him. Likewise, many politicians have also started using this formula as they constantly mention cryptocurrencies and make vague promises to win more votes in political elections these days.

[Coyster]

Nothing like politics in cryptocurrency, because this is often a decentralized networks that are not controlled by government, instead by individuals that have invented on them, also when we talk about the market price, there's nothing like manipulation there, though there might be some kind of reactions in it, but the truth is that no one controls all these, there are seasons and how we could track for our own profit how the market moves.

Everybody understands that bitcoin is decentralized and no third party controls it, but politics plays a huge part in its price movement. A good example is when there is geopolitical tension between countries, or armed conflicts and other whatnots, investor sentiment becomes negative and they are moved to sell volatile assets, like bitcoin.

Another example is when the U.S. sec approved bitcoin spot etf's, leading to large inflows through etf's and the price began to pump. In the broad sense, politics influences the price of cryptocurrencies. Trump has been manipulating the crypto market since he became president, isn't that very obvious for you to see.

[ImGenius]

However, political influence also increases volatility and risk, which means staying informed about global affairs is essential.

I think that the volatility of the crypto market is undoubtedly deeply linked to political events. Where if a country imposes a ban, the price falls, and if it legalizes, the price rises. As a result, politics has an immediate impact on this market and changes the decisions of investors. This market basically survives on the balance of innovation, risk and opportunity—which has created a new economic reality beyond the limits of politics. I think that politics can never be the main influencer, because political influence will not always be there. This market will move at its own pace. Nowadays, in the 21st century, people have become digitalized, everyone is serious about crypto, and many new customers are investing.

[₿itcoin]

I think it is beneficial that politics plays a role in the crypto market because, with strong fundamental analysis and an understanding of the U.S. economy, investors can take advantage of market movements and potentially earn good returns. However, political influence also increases volatility and risk, which means staying informed about global affairs is essential.

I think politics plays an important role in the crypto market &  its impact can sometimes be positive &  sometimes negative. When a law or regulation is introduced by the government in support of crypto or positive comments are heard from political leaders, then confidence increases among investors &  as a result the price increases. For example, due to some political situations in the United States, a big rally occurs in the crypto market.

However, political influence can also be quite dangerous at the same time, because it increases volatility &  risk. If there is a sudden change in regulations or the government starts increasing pressure, the price of many crypto coins can suddenly go down overnight

If you invest in alt currency, then the state of global politics needs to be monitored at all times. But dont consider this a permanent skill as part of your trading strategy. Instead, it would be wise to focus on Bitcoin. Even if the price of Bitcoin decreases slightly due to political instability, its growth in the long run is always positive

[Youngrebel]

Of course they are but it is minimal, they are not controlling the market now. And if there was politics in the the Crypto market fully, they would have stopped many things. But they are influencing the market with heavy investment. Example. Because of the China and USA tax war, USA invested in bitcoin and the price pumped higher and China invest in Gold and making Gold to pumped higher and making Bitcoin to comedown. So these are some of the method and strategies of the government with their political tactics in the crypto world. So there is politics and investment influence from them.

[abhiseshakana]

Politicians are not just using cryptocurrencies to enrich themselves and their families. They are turning bitcoin and cryptocurrencies into tools to serve their political agenda.

Before the Trump family abused their power to make money from cryptocurrencies, he used the industry to entice and persuade voters to vote for him. Likewise, many politicians have also started using this formula as they constantly mention cryptocurrencies and make vague promises to win more votes in political elections these days.

The dynamics of politics that appear corrupt are not simply a matter of immoral individuals, but rather the result of a systemic rational structure that trades ethics for efficiency and morality for electability. Many politicians disregard ethics not because they are ignorant of right and wrong, but because of the demands of pragmatic behavior in politics.

From its inception, politics has been an arena of power, not virtue. Aristotle viewed politics as the art of achieving the common good. However, the paradigm of realpolitik emerged from Machiavelli's thinking, which separated politics from morality. For him, it was enough for rulers to appear good, not become good, because the primary goal of politics was to maintain power, not to improve morals. Capitalism made politics an instrument for managing resources, giving rise to the oligarchy.

In the era of democracy, politics has become a high-cost industry that draws politicians into a vicious cycle of economic dependency (morality becomes inefficient in a system that requires compromise). What's funny is that politicians consider survival within the system important, not fixing the corrupt system. In Nietzsche's words: "Morality is merely a mask worn by the will to power."

Are there any politicians who do not disregard ethics in politics?

[Mate2237]

With the current situation that we find ourselves global political issues affects virtually everything and crypto currency is not excluded we can see that play out in the last concluded elections in the United States of America, were crypto currency influenced the way that most people voted. Politics can now be considered as one of the external factors which drives the price of Bitcoin now because one major political statement or decision can go a long way in deciding the crypto market especially in the price and we can see that with Bitcoin.


We have gotten to a level were we have to accept the reality on ground, the question about whether it's good about political involvement in politics is one thing that we just have to accept, the reason is that crypto currency is now a global issue of interest and any thing that is of global interest politics will get involved, so we in the crypto community has little options when it comes here because politics is a game of interest and politicians can use any issue to get to power which includes crypto currency.

[Kagaru]

I think it is beneficial that politics plays a role in the crypto market because, with strong fundamental analysis and an understanding of the U.S. economy, investors can take advantage of market movements and potentially earn good returns. However, political influence also increases volatility and risk, which means staying informed about global affairs is essential.

I you want to hear from me then I think politics affects the crypto market a lot. New laws or international events can push the market into sudden fluctuations. If people can analyze well and understand how the US economy is doing, they can benefit from these fluctuations but there is always risk. I personally try to pay attention to both political news and the economic situation, but sometimes a sudden event can ruin all plans. So it is important to be careful when investing.

[DYOR+BTC]

With the current situation that we find ourselves global political issues affects virtually everything and crypto currency is not excluded we can see that play out in the last concluded elections in the United States of America, were crypto currency influenced the way that most people voted. Politics can now be considered as one of the external factors which drives the price of Bitcoin now because one major political statement or decision can go a long way in deciding the crypto market especially in the price and we can see that with Bitcoin.


We have gotten to a level were we have to accept the reality on ground, the question about whether it's good about political involvement in politics is one thing that we just have to accept, the reason is that crypto currency is now a global issue of interest and any thing that is of global interest politics will get involved, so we in the crypto community has little options when it comes here because politics is a game of interest and politicians can use any issue to get to power which includes crypto currency.

Political involvement becoming the propelling force in the cryptoworld and even in bitcoin calls for scrutiny  because I know it was not the primary structure exterblished to drive the price of bitcoin, going back to the assumed floor plans  of bitcoin it was supposed to to controlled  by constant buying and selling that may obey some laws of demand that says the higher the demand the higher the price  but now other forces especially that of political involvement which is the worst that can happen to any system because of its flexibility and controversial actions which may lead to Its sudden failure if care is not taken.
With the impact of politics in bitcoin now I think investment should be made carefully to avoid irresistible lost

[I_Anime]

with strong fundamental analysis and an understanding of the U.S. economy, investors can take advantage of market movements and potentially earn good returns.

Investors or you mean trader.
So you enjoy the obvious manipulation that have been ongoing by Trump and his family.
I don't believe politics should be involved in the market even if it's inevitable
Since Bitcoin exist in an environment and most be affected by certain factors in the environment
Like political changes.

That’s true I don’t encourage the idea of politics being involved in the market.  Now and days the manipulation is getting more obvious, those who are trading the wave of the market like day traders are being able to survive the market with strong technical skill while those that are not that good when come to trading , usually fall as victim in the manipulation causing a lot of liquidation in the crypto market .

[Cookdata]

I think it is beneficial that politics plays a role in the crypto market because, with strong fundamental analysis and an understanding of the U.S. economy, investors can take advantage of market movements and potentially earn good returns. However, political influence also increases volatility and risk, which means staying informed about global affairs is essential.

If politicians aren't involved in Bitcoin, trust me this $100k will not be seen that easily now. They all have investment in Bitcoin, some disguised as institutions but they are the real culprit behind those buying accounts and that's why this price was quickly achievable and hence the same reason why the price has been stable. The last bull runs we have explain don't last 1 month on all time before we crash again but you can see that we have Bitcoin price stable and not crashing.

I don't like them when they are involved in things but whether we like it or not, we them in crypto. If they have millions invested in Bitcoin, that means the have become part of the system which means if they allow harsh policy built around Bitcoin and other coins they are going to be affected as a well because of their millions invested, so the interests of crypto will always comes first when there is any talk of policies change.

[Ndabagi01]

I think it is beneficial that politics plays a role in the crypto market because, with strong fundamental analysis and an understanding of the U.S. economy, investors can take advantage of market movements and potentially earn good returns. However, political influence also increases volatility and risk, which means staying informed about global affairs is essential.

Staying informed about the activities of global affairs does not guarantee that you’ll be on the profitable side always. Since politics have been involved in the crypto market, we have seen a lot of losses accumulated by traders, that which we can’t say has been good for the overall interest of the people in the market. Volatility and risk plays a pivotal role for the outcome of any trade or investment in the crypto market, so one needs to be well alerted on them. The government involvement in the market has even made the market look more susceptible to being manipulated than it use to be before now.

[EFS]

Politics affects every part of life, so why should Bitcoin be any different? The crypto market has now passed $3.5 trillion and become a major part of global finance. Naturally, it's influenced by everything happening in the world. Volatility is still high, but it'll decrease over time. At least for Bitcoin, we can already see that happening. It no longer crashes over a few words from world leaders. Those days are long gone.

[AmoreJaz]

Politics affects every part of life, so why should Bitcoin be any different? The crypto market has now passed $3.5 trillion and become a major part of global finance. Naturally, it's influenced by everything happening in the world. Volatility is still high, but it'll decrease over time. At least for Bitcoin, we can already see that happening. It no longer crashes over a few words from world leaders. Those days are long gone.

The phase where high volatility is indeed quite subsiding. But volatility is still here as many are still after for this angle of btc. With or without politics, this market survives as we have seen throughout the years of its existence. They can come and go, or comment on this market, but this market will continue to thrive on its own. As we have seen the scenario when China, a big economy in this global market, banned btc/crypto, btc declined but then it rose up again and here we are now, still making waves in the market. And this is a testament that no matter how big a country or economy is, they can't eradicate or collapse this market as no one can have a hold of its future but the people who continuously patronizing this currency.

[iv4n]

...which means staying informed about global affairs is essential.

"It's better to be uninformed than misinformed."

"It's better to be uninformed than disinformed."

The word “disinformed” (from disinformation) became popular after World War II, when propaganda and state-controlled media were widely discussed.

Is it good that politics is involve in crypto market?

No.

"Politicians should wear sponsor jackets like NASCAR drivers, then we know who owns them." Robin Williams

I hope I will live long enough to see people fully embrace crypto... and for governments & politicians to finally open their books and start playing by the rules. Until then, all we can do is watch them lie to us and fund their dirty wars for a fistful of dollars.

[Swordsoffreedom]

That’s true I don’t encourage the idea of politics being involved in the market.  Now and days the manipulation is getting more obvious, those who are trading the wave of the market like day traders are being able to survive the market with strong technical skill while those that are not that good when come to trading , usually fall as victim in the manipulation causing a lot of liquidation in the crypto market .

The problem is that even if we do not support and oppose the intervention of politicians, we have no way to stop them.

As many others have said, politics affects every aspect of life while bitcoin is just one part of the world economy. It is not independent so don't be surprised that it is also affected by politics in one way or another.

As investors, the only thing we can do is adapt or be eliminated, we have no third option or way to prevent their interference and influence.

[retreat]

Politicians involve themselves in the crypto market solely for their own selfish interests. They don't truly care about its sustainability. What they care about is how it can provide them with personal gain, whether financial or political. A clear example of this is Trump, who gained so much support and money, of course, from the crypto market. He truly exploited the current opportunity for his own benefit, and he and his family have succeeded in doing so.

[Porfirii]

Beneficial or not, the reality is that as long as the crypto market remains interesting for politicians, they will keep involving in it for their own purposes. Although I don't think this was the purpose of many idealists who worked towards the creation of private money and later cryptocurrencies, there is no way to keep politics away from this area once sufficient interest has been grown in society.