I just think this coin has no hope while he is in power; only when he steps down will he support this coin.
唐华斑竹
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Bearish
Yesterday, Old Trump called for a bullish trend, and Trump surged alongside it. Many friends holding Trump coins came out to flaunt their foresight, claiming that as president, he couldn't help but pump the prices a few more times, and now it’s still at the bottom. This has made quite a few people eager to jump in, but today they were dumbfounded; this is almost like a guillotine! Of course, it’s not just Trump that is falling; Old Trump’s tariff stick has smashed the US stock market and has also dragged down the cryptocurrency market. However, I still want to specifically discuss my views on Trump. I think playing with this coin carries significant risks because the US president has a term limit, which is four years. In the last two years, the influence becomes less and less, and preparations need to be made to change leadership. Therefore, the most influential period is the first two years. If you enter at a high price and are unable to break even in the first two years, the hope of doing so later diminishes significantly. After Trump leaves office, the hope is basically gone because, according to convention, the new president is very likely to not continue or even oppose some of the previous president's actions, just like Trump did with Biden. If the next president is from the Republican Party, it might be a bit better, but if a Democrat takes office, there could be repercussions. Given Trump's family’s actions of issuing coins and publicly harvesting profits, it could even lead to criminal cases, as such behavior is rare in the global political arena. Taking a step back, even if Trump’s successor does not oppose him, does not seek retribution, and does not cause him trouble, his influence will decline after he leaves office, and it’s inevitable that the value of Trump coins will drop. Moreover, Trump’s large holdings have not been unlocked yet and will continue to be unlocked yearly. Thus, Trump is a coin with a particularly clear long-term cycle, and it is almost a certainty that it will gradually decline in the long run. So, it’s fine to play with Trump coins in the early part of Trump’s term; however, the risks will increase significantly in the middle and later stages. Those with bad luck should avoid it, or the probability of being buried is extremely high. When Trump surged to 70, I remember a KOL shouting everywhere, saying he wouldn’t sell regardless of the ups and downs and that he intended to hold Trump long-term. I don’t know if he managed to do that; if someone believed him and bought above 70, I can’t imagine how torturous it would be now. They can only pray for Old Trump to show goodwill and pump the prices during his term; if they can’t break even during his term, relying on him to help them after he leaves office will be difficult.
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