Initial market movements were quite significant due to the surprise effect. However the market is already calming down, because participants are realizing that Trump is by far not as horrifying like the media tried to paint him. After all, unlike Clinton he's a businessman and has some real world economic experience.
I think the effects of this surprise will be rather short lived. Bitcoin and precious metals will appreciate further though, because even the best president can't solve the systemic crisis of the fiat system. Monetary inflation has happened already - it's only a matter of time before people will see price inflation as well.
So regardless the day-to-day politics, hodl Bitcoin long term is surely the right thing to do.
ya.ya.yo!
I think the effects of this surprise will be rather short lived. Bitcoin and precious metals will appreciate further though, because even the best president can't solve the systemic crisis of the fiat system. Monetary inflation has happened already - it's only a matter of time before people will see price inflation as well.
So regardless the day-to-day politics, hodl Bitcoin long term is surely the right thing to do.
ya.ya.yo!
Completely agree with your statement, when trump wins the election for sure bitcoin would surely rises up its price and as you mentioned the best way to do now is to hold bitcoin for long term purposes. It may not happen now but for sure it will happen anytime soon and the best way to do is wait.
