#TradeWarEases is still the most skilled navigator of virtual news this season. Trading at this time is all about following the news; economic analysis doesn't matter much.
This market is truly not for the faint-hearted, especially with the presence of Mr. Trump, his team, and the trade tensions with China that he creates, which certainly have a purpose.
Once, everything was calm, and the coin prices were thriving, suddenly I read the news that Mr. Trump announced he would raise tariffs on imports from China, and I saw Bitcoin soar like a rocket, but his team had quietly gathered supplies before he hit send on the Tweet; altcoins went haywire. I don't know whether it's about making America great again or making Trump's wallet great again.
And it didn't stop there; Mr. Trump often “drops hints” in a half-joking, half-serious manner, saying the U.S. should have its own digital currency, then claiming that cryptocurrency needs to be tightly controlled because it could be used for terrorism. Every time he opens his mouth, the market feels like it's on a roller coaster; there's no time to catch a breath. Sometimes I think professional traders must have a special “Trump Alert” to know how to escape early. Well, it’s an interesting thing this season. Luckily, I still managed to earn a little, or else I would probably be cursing him until the end of this term.