TRADINGVIEW called it first.The Trump Bitcoin Ballyhoo
Hello traders
Ballyhoo Definition & Meaning
Merriam-Webster
merriam-webster.com › dictionary › ballyhoo
Jan 5, 2025 — 1. a noisy attention-getting demonstration or talk 2. flamboyant, exaggerated, or sensational promotion or publicity 3. excited commotion
Trump description to the T
The TRADINGVIEW team has already published an excellent Idea regarding Trump's influence on crypto. Do read it.
Here is my two cents.
Fundamentally, I support BTC as a store of value. ETH too. The crypto community had a collective orgasm when Trump was elected and it shows in the chart. His support for crypto was well publicized and the price skyrocketed.
And then came the inauguration and reality sets in. Both him and the wife launch meme coins and billions slosh around in the crypto pool with I'm sure, more losers than winners.
Trump does it again. He speaks out of two or rather multiple mouths at the same time.
He promotes crypto and simultaneously gives it a black eye by launching a meaningless meme coin that will cause a lot of people to lose money. And the wife followed suit.
Folks, if you want to drink the Trump Kool-Aid, knock yourself out. Your money not mine. But don't cry when you get a big old financial boo-boo or get poisoned. He will not be there to kiss it better.
There are multiple Federal regulatory agencies and Departments involved in the task force. Can't wait to see how they propose to regulate the fraud, the wallet theft, the rug pulls and YES, the meaningless memes, like the Trump memes and NFT's that have made a lot of people millionaires and have bankrupted even more.
And this is once again my point: trust the CHARTS and FUNDAMENTALS, not the Trump smoke and mirrors. However stay cognizant of what he says.
Best of luck all.
Ballyhoo Definition & Meaning
Merriam-Webster
merriam-webster.com › dictionary › ballyhoo
Jan 5, 2025 — 1. a noisy attention-getting demonstration or talk 2. flamboyant, exaggerated, or sensational promotion or publicity 3. excited commotion
Trump description to the T
The TRADINGVIEW team has already published an excellent Idea regarding Trump's influence on crypto. Do read it.
Here is my two cents.
Fundamentally, I support BTC as a store of value. ETH too. The crypto community had a collective orgasm when Trump was elected and it shows in the chart. His support for crypto was well publicized and the price skyrocketed.
And then came the inauguration and reality sets in. Both him and the wife launch meme coins and billions slosh around in the crypto pool with I'm sure, more losers than winners.
Trump does it again. He speaks out of two or rather multiple mouths at the same time.
He promotes crypto and simultaneously gives it a black eye by launching a meaningless meme coin that will cause a lot of people to lose money. And the wife followed suit.
Folks, if you want to drink the Trump Kool-Aid, knock yourself out. Your money not mine. But don't cry when you get a big old financial boo-boo or get poisoned. He will not be there to kiss it better.
There are multiple Federal regulatory agencies and Departments involved in the task force. Can't wait to see how they propose to regulate the fraud, the wallet theft, the rug pulls and YES, the meaningless memes, like the Trump memes and NFT's that have made a lot of people millionaires and have bankrupted even more.
And this is once again my point: trust the CHARTS and FUNDAMENTALS, not the Trump smoke and mirrors. However stay cognizant of what he says.
Best of luck all.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.