Yesterday I bought $TRUMP at $73 and I was planning to sell today. Regardless of whether it goes up or not today, in the medium/long term I think it will go up much more than we think.
We know it's a meme coin and it has no purpose other than to give Trump a lot more publicity, so there's no reason to believe he won't keep mentioning his coin in many tweets, which we all know drives prices up in an absurd way.
Trump being the embodiment of pure and hard capitalism (and I love that he is) in the most far-fetched case of "he just wants to take our money", he can very easily make this explode in an absurd way to get as much as he can, today begins day 1 to prove it in the next 4 years.
Personally, I would expect a lot of projects behind it, not just a useless meme. For better or worse, the guy is very clever and he knows how to take advantage of opportunities, he can create them himself, this is tangible proof of that.
Can you imagine how much his popularity will rise if he manages to give freedom to the dictatorships in Latin America and stop the invasion of Ukraine? Just to name a few.
I don't think that's a small thing, considering that people invest in currencies that really have no use, hoping that one day speculation will take a couple of zeros off for a brief moment and then go back to where it was, with no guarantees of anything.
I believe that the value of this currency is the person themselves and their ability to turn the world in their favor, now, from the position they hold. This is investing in human value, it is not simply (as in many cases) simple promises in a white paper with the endorsement of nothing 🤷🏻
This probably all sounds like simple optimism, but many of us have lost by betting on projects based on nothing, out of ignorance, by believing that we are going to get rich without effort, by trying, practicing, out of FOMO, out of necessity, by trusting someone, and so on.
How far can $TRUMP 's ambition go and what can stop the person with the most powerful position in the world (and his friends) from carrying out ambitious projects with all this? This is precisely where he moves like a fish in water 😎
On the other hand, we can also sell at a loss (as everyone who loses always does) and forget that any of this happened, relying on the false belief that we are doing the "right" thing, the same idea that made us buy at the top when we should NOT buy.
I'm not going to lie, I swallowed all the FOMO, but now that I think about it, $73 to $20 is better than $73 to nothing, and missing out on whatever might happen a month from now, for example. It's worth thinking about.
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