Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Expert Urges to Hold Bitcoin to Protect Against US Inflation

Expert Urges to Hold Bitcoin to Protect Against US Inflation

HappyCoinNewsHappyCoinNews2024/10/25 19:33
By:HappyCoinNews

Tudor Investment hedge fund founder Paul Tudor Jones raises important questions about the future of the United States. He warns that in light of the current economic situation and upcoming changes in taxes and spending, the chances of inflation returning to 2% are extremely small. In addition, according to estimates by the Congressional Budget Office (CBO), the gap in the federal budget will reach $1,9 trillion this year and $2034 trillion in 2,8.

Tudor Jones emphasized that in the context of growing uncertainty, many traders are turning to digital currencies as a means of saving. For this reason, the expert believes that BTC should be kept first in an investment portfolio.

How to Choose a Cryptocurrency to Make Money on the US Elections

Elections are a time when many investors look for opportunities to make money on crypto assets related to the topic. They primarily look to meme coins to speculate on current events and news. Investors who follow these publications can benefit from temporary price spikes in meme coins.

Before you start trading or investing, it is important to decide where to store your cryptocurrency. To do this, you need a reliable crypto wallet that will ensure the safety of your assets. One of the best projects on the market is Best Wallet. This tool offers many features, including private key protection and support for various cryptocurrencies, such as memecoins.

It is also worth keeping an eye on new projects that may become popular against the backdrop of the elections. For example, FreeDumFighters (DUM) , where investors can vote for their candidate for US President and win rewards.

The recent launch of the FreeDum Fighters presale showed that the project is of interest not only to crypto investors, but also to a wide audience interested in politics. At the first and current stage, the presale has raised more than $261 thousand, with the DUM coin selling for $0,00005.

Parodying the US presidential election, the project offers traders the opportunity to not only follow the process, but also actively participate in it. Voting for politicians like Trump and Harris turns into an interactive experience where everyone can contribute using DUM tokens. This creates a sense of community and involvement, as each vote can affect the outcome of the “election.”

Moreover, investors can receive real rewards, no matter whether their candidate wins or not. Voting takes place through staking on the platform FreeDumFighters There are two pools: one for Donald Trump fans and one for Kamala Harris supporters. The profit amount varies depending on the coins locked, but each pool offers a percentage of profitability.

Virtual debates also play an important role in creating a community around FreeDum Fighters. Participants can discuss their ideas and earn bonuses, which contributes to the formation of an active and involved community. This makes the project not only a platform for investment, but also a space for exchanging opinions on current political issues.

BUY FREEDUM FIGHTERS

Conclusion

Choosing an asset to make money on during the US elections requires careful analysis and a strategic approach. New cryptocurrencies from the meme niche can be a great option for speculation against the backdrop of political news. They can offer multiple returns, but they should only be bought if the investor is ready for high risks.

This advertising article does not constitute investment advice. The reader bears full responsibility for any actions taken by him on the basis of information received on our website.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!