#TradeWarEases will always be the master of virtual news this season. Trading at this level relies on news rather than economic analysis, which is not very effective.
This market is definitely not for the faint-hearted, especially with the presence of Mr. Trump, his trading team, and the trade tensions between the U.S. and China that he creates, which surely have a purpose.
Once, when everything was calm, and the coin prices were soaring, I suddenly read that Mr. Trump announced he would raise tariffs on imports from China, and then Bitcoin skyrocketed like a rocket, but his team had quietly accumulated assets before he hit the tweet button, while altcoins went haywire. I don't know whether to make America great again or make Trump's wallet great again.
But it didn't stop there, Mr. Trump often likes to “tease” in a half-joking manner, saying that the U.S. should have its own digital currency, then he claims that cryptocurrency must be tightly controlled because it could be used for terrorism. Every time he opens his mouth, the market feels like a roller coaster, leaving no time to yawn. Sometimes I think professional traders must have a “Trump Alert” to know when to escape early. Well, it’s still an interesting season. Luckily, I can still make a little, or else I would probably curse him until the end of his term.