Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Nheer on April 07, 2025, 04:17:10 PM
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Trump tariffs has done really bad to the crypto currency all over the world, he has made a lot of investors and traders being in deep thought from the last first Friday of the month which was NFP. A lot of news has been updated and the market has been in bearish trend which hits so deep that the Hong Kong stock market close down 13.2%, that was the biggest single day drop since 1997.
All over the world the stock market has been in big loss and with negative impact. President Trump has really bring big negativity this month to the crypto world and we hope it just ends this month. Europe are ready to negotiate tariffs with the United States.
The world richest people in the world lost over $65 billion just over the tariffs president Trump has made the market so sideways and very uncomfortable for most investors. Here is the money the world richest men lost just a day
Elon -$9.4
Jeff Bezos -$16.2
Larry -$10.3
Warren -$1.7
Bernard -$8.9
This news really affect a lot and the economy at US isn’t stable they are trying to resolve the issues we hope it don’t go much longer we expected. And some information can be getting from the link below and there is the source of the information.
https://t.me/Xmcryptonews
And more information on the news and the source I will provide below.
https://www.theguardian.com/us-news/live/2025/apr/07/donald-trump-tariffs-foreign-governments-markets-fall-netanyahu-white-house-us-politics-latest-updates-news
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It definitely affects me indirectly. I was thinking of buying more crypto and upgrading my PC a few days ago, but after the tariff hit and the uncertainties around it, I decided to change my plans. On the bright side, it offers more buying opportunities as long as we can time our orders correctly. I don't know how long it will be stable again. It doesn't seem like it will happen anytime soon, considering the comments I saw on social media. What I'm afraid of is that when the tariff gets resolved, we will have a higher price for everything anyway, so it doesn't really fix anything for middle to lower-class buyers, which is the majority of people living on this planet. CMIIW.
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To be honest crypto didn't take big hit, while the stock market was but now he announced 90 days pause on the tarrif things are looking better but it's a temporary relief, we never know what will happen after 90 days and Trump stays firm on what he does.
What he did is nothing but made the life of US citizens worse, they will pay the price for it.
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Let us all end this madness, all of the billionaire friends have already gained a lot to their wealth in just a few months of Trump sitting in the office. There is no need to declare an entire war that's going to starve a lot of people due to the taxes that they keep on adding. Not that many like to see them win or lose but it's all about to becoming pro-people.
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In this time President Donald Trump select tariff is create very problem in all over the world. I also believe that select this tariff economic conditions of this people will be face threat. I think that if increase amount of tariff will be very little, i think that it must be prefer for all country. But we know that donald trump also pause 90 days for tariff. I think that it is also a new strategy for all countries. But we don’t know what do happens after this 90 days. I think that all country will be very satisfy after 90 days saw this tariff issues. So we should wait until in this 90 days.
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To be honest crypto didn't take big hit, while the stock market was but now he announced 90 days pause on the tarrif things are looking better but it's a temporary relief, we never know what will happen after 90 days and Trump stays firm on what he does.
What he did is nothing but made the life of US citizens worse, they will pay the price for it.
Mr president has really made US citizens live in a hell for week, president Trump is really a man of his words and he has truly proven that he made it clear about the tariffs and it really affect the stock market and the economical system. Whereas the tariffs is on pause for 90 days but what will be the outcome after the count down ends, we all hope he does positive things for the citizens all over the world. May all this tariffs of a thing doesn’t leads to war between US and China.
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Re: what do you have to say about president Trump tariffs so far
Well, thanks to his tweets, and decisions, I made a few bucks. :D
I mean I'm not that happy, but at least I maximized the volatility that happened when the tariff drama is at it's peak.
We know that the tariff drama created volatility towards the market for days. If you're trading even only on spot, you can make some few bucks still, and more if you're on futures. I know there's a risk, but everything in crypto as risk, isn't it? I'm not suggesting everybody to do it though because it can make you lose your money as well especially if you don't know what you're doing, and you don't have a strategy.
It has been a hell week indeed, but not all lose their money from it. There are still some who made a few bucks because of what happened.
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Re: what do you have to say about president Trump tariffs so far
Well, thanks to his tweets, and decisions, I made a few bucks. :D
I mean I'm not that happy, but at least I maximized the volatility that happened when the tariff drama is at it's peak.
We know that the tariff drama created volatility towards the market for days. If you're trading even only on spot, you can make some few bucks still, and more if you're on futures. I know there's a risk, but everything in crypto as risk, isn't it? I'm not suggesting everybody to do it though because it can make you lose your money as well especially if you don't know what you're doing, and you don't have a strategy.
It has been a hell week indeed, but not all lose their money from it. There are still some who made a few bucks because of what happened.
Indeed it was a rough and stressful week for everyone but still has you mentioned they are still some individuals who manipulated and took advantage of the news and pump bigger funds must especially some traders who knowns a better strategy and they have been in experience so many times. But the truth is that as a new trader or newbie it likely advisable to stay off the market during bigger news like this cause within a seconds your capital can get swept away so patience is the key.
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To be honest crypto didn't take big hit, while the stock market was but now he announced 90 days pause on the tarrif things are looking better but it's a temporary relief, we never know what will happen after 90 days and Trump stays firm on what he does.
What he did is nothing but made the life of US citizens worse, they will pay the price for it.
Yes, the stock market was severely hit with tarrif hike with many losses, other sectors which also experienced massive decline on prices are commodity, FX etc. I think the situation has slowed down, but there are still lingering uncertainty since the president Donald Trump had pulse the tarrif for just 90 days.
As par the effects of the tarrif war on the US, it actually a general effects on both the US and other countries involved. Tarrif are meant to enhance GDP of a country, it should have some immediate effect on citizens but could also be very beneficial to the US at the long run.
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Everyone knows that things are not going well in the market because of that tariff, but from what I can see, Trump is really just using the tariff to get a big profit in the market, and he is using his influence and power in that regard.
Maybe he is using others as a tool to achieve his ultimate aim and I think he has achieved what he wanted to happen in this matter we are going through.
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The decision seems hasty, but the impact on the macro economy is very broad.. even when the tariffs imposed are too high, it threatens companies that supply goods that export to entrepreneurs in the United States... let's say some companies in China, they will face difficulties because demand for goods from the US will drop drastically because of this tariff...
The positive impact is that some countries that have low tariffs will start to get demand from the US... but the problem of the quality of goods will start to be different from before...
Trump's decision seems simple, but the impact will be very broad... because of that there could be many layoffs in countries that have high tariffs due to falling demand.
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What is I can think say about this nonsense works?
Trump's crazy tariffs can only give rise to a tariff war in the world, and I don't think it will benefit anyone, because the word war is already being used here, and we certainly know that nothing good can ever be expected from war, everyone loses in war. And you mentioned the $65 billion loss. Let your topic go on for a while, it will only get worse if they don't stop this kind of madness.
However, I think President Trump's unreasonable tariffs will last for a long time, and they will have to correct it again.
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What is I can think say about this nonsense works?
Trump's crazy tariffs can only give rise to a tariff war in the world, and I don't think it will benefit anyone, because the word war is already being used here, and we certainly know that nothing good can ever be expected from war, everyone loses in war. And you mentioned the $65 billion loss. Let your topic go on for a while, it will only get worse if they don't stop this kind of madness.
However, I think President Trump's unreasonable tariffs will last for a long time, and they will have to correct it again.
The other countries will have no option than to negotiate or accept the tariff. This has really hit China economy has their economy is not flourishing like before. A Local government in China is selling seized bitcoin secretly in order to use to balance ttheir losses based on the high increase in tariff by Trump. However, it will only affect the crypto market temporarily.
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The tariff is bad, affecting all sectors of the economy negatively, including crypto. I believe Trump, by now, must have seen the mess he is making. After the 90 days, I expect to see an improvement in the tariff, a possible positive amendment. Let's just hope that the essence of the 90-day pause is to fix the mess he has already made.
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Elon -$9.4
Jeff Bezos -$16.2
Larry -$10.3
Warren -$1.7
Bernard -$8.9
I'm quoting this to say that Warren Buffet still lost least amount as compared to the losses of other billionaires and that's a sign that the old guru is still better in preserving his wealth way better than new innovators and inventors like Elon Musk.
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What is I can think say about this nonsense works?
Trump's crazy tariffs can only give rise to a tariff war in the world, and I don't think it will benefit anyone, because the word war is already being used here, and we certainly know that nothing good can ever be expected from war, everyone loses in war. And you mentioned the $65 billion loss. Let your topic go on for a while, it will only get worse if they don't stop this kind of madness.
However, I think President Trump's unreasonable tariffs will last for a long time, and they will have to correct it again.
The other countries will have no option than to negotiate or accept the tariff. This has really hit China economy has their economy is not flourishing like before. A Local government in China is selling seized bitcoin secretly in order to use to balance ttheir losses based on the high increase in tariff by Trump. However, it will only affect the crypto market temporarily.
your point is legit, I also saw on the news some huge transactions going through USD on ETH blockchain. And other day ago bitcoin was bought in big amount from unknown address a very huge amount of bitcoin.
I check the news yesterday china is planning on getting a deal from president Trump to settle things and bring the economy to a stable and healthy state. And president Trump also mention that “We are going to have a deal with china”. So I think things will get better soon, the forex exchange market have been close for some reason I guess till Monday before is open, some Currency pairs are closed like Xauusd just less volatile currency are there to trade.
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I really appreciate and enjoyed the way this topic has brought a lot of members and attention together to show how the president Trump tariffs have really affect everyone in one or two ways. A lot of comment from the topics I really appreciate, never guess this topic will have a lot of replies but based on some reasons and loss a lot are saying their minds and what trump makes their country or even themselves faces.
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The other countries will have no option than to negotiate or accept the tariff. This has really hit China economy has their economy is not flourishing like before. A Local government in China is selling seized bitcoin secretly in order to use to balance ttheir losses based on the high increase in tariff by Trump. However, it will only affect the crypto market temporarily.
Don't you think this also hitting the United State of America's economy?
As forest I know there is multiple protest already happened at against the Donald Trump on this hight tarif. And Chinese government also replied by the extra tariff on United State of America. And those whole things together have already caused the rich of the United States to lose 65 billion dollars. Now if the others country couldn't do anything except negotiate, I will not talk about other small powerful countries, but USA also must negotiate with the big giants(China), even if it is for the good of the United States. Which I will say they will have to correct the increased tariff again.
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Donald Trump is self inflicting because it will definitely bounce back to him and right now that China has stopped buying things from US and according to the news this morning, China president said this will make China to be independent and tightening their tie with other countries. And China is also soften it loans to the countries. As for me, this tariff war will not favour US and US need to use wisdom in this fight. And the fight is really nice in the world economy because many things have been increased because of this unwarranted tariff.
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Donald Trump is self inflicting because it will definitely bounce back to him and right now that China has stopped buying things from US and according to the news this morning, China president said this will make China to be independent and tightening their tie with other countries. And China is also soften it loans to the countries. As for me, this tariff war will not favour US and US need to use wisdom in this fight. And the fight is really nice in the world economy because many things have been increased because of this unwarranted tariff.
Actually, I would call this falling into a trap that I have set myself.
I mean, Donald Trump may now fall into the same tariff trap that he was getting into on behalf of the United States. Because as you said, China may be stronger now, and if other countries support China, the United States will be in even greater danger. Moreover, there are some mineral resources that are not available anywhere except China, and they have already stopped exporting them, which is having a good impact on the United States.
That's why I think the United States will be forced to make this tariff correction in the future, and it may even lead to the current crazy president being impeached.
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Donald Trump is self inflicting because it will definitely bounce back to him and right now that China has stopped buying things from US and according to the news this morning, China president said this will make China to be independent and tightening their tie with other countries. And China is also soften it loans to the countries. As for me, this tariff war will not favour US and US need to use wisdom in this fight. And the fight is really nice in the world economy because many things have been increased because of this unwarranted tariff.
Actually, I would call this falling into a trap that I have set myself.
I mean, Donald Trump may now fall into the same tariff trap that he was getting into on behalf of the United States. Because as you said, China may be stronger now, and if other countries support China, the United States will be in even greater danger. Moreover, there are some mineral resources that are not available anywhere except China, and they have already stopped exporting them, which is having a good impact on the United States.
That's why I think the United States will be forced to make this tariff correction in the future, and it may even lead to the current crazy president being impeached.
I am telling you the truth, China is getting stronger in the world economy and if care is not taking, China will take over many countries that were loyal to US government for trading and this imposition of tariff to countries many with leave the US relations to join China relationship. If Donald Trump doesn't use wisdom in this 21s cold economic war, US will lose many things. I saw a flash news today that Donald Trump is making a move to settle with China president and I don't think China president will accept that for now.
There is another move again by Trump that he wants to shut all the embassies in African continent, lolz, that should be the beginning of African development. And that will create another opportunity for China to come in, in full force to take over many countries with trade agreements and loans. This is the neocolonialism.
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This news really affect a lot and the economy at US isn’t stable they are trying to resolve the issues we hope it don’t go much longer we expected. And some information can be getting from the link below and there is the source of the information.
If people are losing then on the other end there are people whom we don't know, we don't know there names, we don't know there actual worth, those people are making money. I saw a video in which Trump was saying in his office that this person made 1 billion and this person made half billion something like that amount.
Economy of America is not that bad, we all know it was very good but all of sudden due to tariff war things for USA are being showed bad this is just social media propaganda and in no time I am seeing a recovery.
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Donald Trump is self inflicting because it will definitely bounce back to him and right now that China has stopped buying things from US and according to the news this morning, China president said this will make China to be independent and tightening their tie with other countries. And China is also soften it loans to the countries. As for me, this tariff war will not favour US and US need to use wisdom in this fight. And the fight is really nice in the world economy because many things have been increased because of this unwarranted tariff.
Actually, I would call this falling into a trap that I have set myself.
I mean, Donald Trump may now fall into the same tariff trap that he was getting into on behalf of the United States. Because as you said, China may be stronger now, and if other countries support China, the United States will be in even greater danger. Moreover, there are some mineral resources that are not available anywhere except China, and they have already stopped exporting them, which is having a good impact on the United States.
That's why I think the United States will be forced to make this tariff correction in the future, and it may even lead to the current crazy president being impeached.
I am telling you the truth, China is getting stronger in the world economy and if care is not taking, China will take over many countries that were loyal to US government for trading and this imposition of tariff to countries many with leave the US relations to join China relationship. If Donald Trump doesn't use wisdom in this 21s cold economic war, US will lose many things. I saw a flash news today that Donald Trump is making a move to settle with China president and I don't think China president will accept that for now.
There is another move again by Trump that he wants to shut all the embassies in African continent, lolz, that should be the beginning of African development. And that will create another opportunity for China to come in, in full force to take over many countries with trade agreements and loans. This is the neocolonialism.
The competition between the two big countries makes the economic condition not good because of the tariff war. If Trump does not rethink his policy, it is likely that China will take over its role as a more dominant country than the US. because after all China is the closest competitor to the US in the economy. so let's just see what will happen if there is no immediate compromise between the two countries.
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Rich people and the economy of many countries are suffering because of his America First policy. In his first few weeks in office, his trust rating has gone down, and he needs to pause his tariff wars to regain the trust of the Americans.
First month in the office, and we are this bad. What more in the coming days? His policy and the advice of his advisors are giving the world headache. Trump is changing the world's perception of America; they are not friendly anymore.