gduran

Crypto and the tariffs

Crypto and the tariffs

Well, one thing I am quite sure of is that tariffs do not affect crypto in a direct way, not that I know of anyway. What seems to affect crypto is the real stock market, as has been seen for the last months. But it seems crypto has beaten that trend and is standing on its own.

I mean it has reached new heights in the last month, both the market and Bitcoin. I think crypto for some moments has been behaving better than gold. What this actually means is that people are investing in crypto. They see it as a feasible alternative to fiat money.

Now Bitcoin reached an ATH a few weeks ago, atleast $111,000.00, am not sure of the exact amount ,but it also has managed to stay above 100,000.00, and the market is above three trillion USD, I think more than the biggest corporation 

Do I think people should invest in crypto? Ok, I am not an economic advisor, and I am certainly not advocating for anything, but I do think any spare change I have goes to small investments in crypto, small amounts that will not affect me, but with some luck could give me a cool profit.

Well tariffs aren't going any time soon, so investors have to look for alternatives and crypto is right there for the taking 

 

 

 

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gduran
gduran

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