You should be calm and patient during this volatility.
The $TRUMP and $MELANIA tokens were just short-term liquidity black holes, and they onboarded hundreds of thousands of people into crypto.
This means that many people sold their existing tokens, including
BTC, to rush and buy them.
However, as the hype dies down, the money will go back into altcoins, and they will bounce, similar to what happened with
SNAI today (+90%).
Trump hasn't announced aBTC Strategic Reserve yet, but he did buy 
47M worth of BTC today, so this is still very bullish.
He will likely announce the reserve once he is positioned well.
Just stay patient and DIAMOND HANDS.
The $TRUMP and $MELANIA tokens were just short-term liquidity black holes, and they onboarded hundreds of thousands of people into crypto.
This means that many people sold their existing tokens, including
BTC, to rush and buy them.However, as the hype dies down, the money will go back into altcoins, and they will bounce, similar to what happened with
SNAI today (+90%).Trump hasn't announced a
BTC Strategic Reserve yet, but he did buy 47M worth of BTC today, so this is still very bullish.He will likely announce the reserve once he is positioned well.
Just stay patient and DIAMOND HANDS.
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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.