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Author Topic: How will the upcoming elections affect crypto  (Read 1034 times)

Offline Jujuboy

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How will the upcoming elections affect crypto
« on: November 04, 2024, 04:43:06 AM »
One day left, I have a feel that the election might mark the beginning of bull but, let see how it goes
« Last Edit: November 04, 2024, 04:46:19 AM by Jujuboy »

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How will the upcoming elections affect crypto
« on: November 04, 2024, 04:43:06 AM »

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Re: How will the upcoming elections affect crypto
« Reply #1 on: November 04, 2024, 08:19:46 AM »
According to an analyses that I read recently, not one but three or four analyses. They believe the market may rise immediately if Donald Trump won while they believe the market might go down if Kamala Harris won.

The recent one that I read just few hours ago predicted 10% increase in bitcoin price if Donald Trump won while 10% decrease in the price of bitcoin if Kamala Harris won.

We do not know who would win yet but what I know is that even if Harris won, bitcoin may fall a little but it will rise back.
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Re: How will the upcoming elections affect crypto
« Reply #1 on: November 04, 2024, 08:19:46 AM »

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Re: How will the upcoming elections affect crypto
« Reply #2 on: November 04, 2024, 02:00:29 PM »
A win for Donald Trump will mean a little bullish momentum for crypto, but I think a loss for him may affect the market but on the short term. Market will recover for whichever outcome of the presidential elections,
Bitcoin has been on a bull run since early this year without any election, and will always pump at its right time without elections effects.
As for me I don't depend on an election outcome to trade/invest because I believe crypto has the potential to absorb any negative news or events. Infact, a likely dump after the elections may be a buying opportunity in my opinion.

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Re: How will the upcoming elections affect crypto
« Reply #3 on: November 04, 2024, 02:53:32 PM »
One day left, I have a feel that the election might mark the beginning of bull but, let see how it goes
We all feel this way too and that's why we all wish for a pro-bitcoin president to win the elections tomorrow. Whether we enter a bull run immediately after the elections or not, I in particular will be satisfied with the fact that there will be a friendly environment that supports the growth of Bitcoin and crypto-friendly businesses. We have just one day left, I will be waiting patiently for the outcome of the election.
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Re: How will the upcoming elections affect crypto
« Reply #4 on: November 04, 2024, 03:41:08 PM »
if donald trump becomes president it is very likely that the market price will turn green because donald trump is an influential person on crypto and we see a lot of votes from crypto users for donald trump because he has an impact on crypto, prepare your funds to save bitcoin and i'm sure the end this year bitcoin will experience a massive increase. and in Donald Trump's speech, he will revive and develop crypto in the future, even he is one of the bitcoin holders, because this is the voice of many crypto users.

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Re: How will the upcoming elections affect crypto
« Reply #5 on: November 04, 2024, 05:14:06 PM »
if donald trump becomes president it is very likely that the market price will turn green because donald trump is an influential person on crypto and we see a lot of votes from crypto users for donald trump because he has an impact on crypto, prepare your funds to save bitcoin and i'm sure the end this year bitcoin will experience a massive increase. and in Donald Trump's speech, he will revive and develop crypto in the future, even he is one of the bitcoin holders, because this is the voice of many crypto users.

Don't you think Trump would do anything after he gets elected?.. After all, he is a politician and businessman, first and foremost, not a bitcoiner.

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Re: How will the upcoming elections affect crypto
« Reply #6 on: November 04, 2024, 05:38:32 PM »
One day left, I have a feel that the election might mark the beginning of bull but, let see how it goes

I have similar feeling about this as well. It's already less than 24hrs even with the difference in the time zone. Maybe we might not see that bullish movement immediately the results has been announced, but I think we will definitely see it maybe after few days. Though, it will be cool if the bullish movement starts even before the final conclusion of the election. Too many anticipation already. Let's just stay calm and hope that things go as expected.
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Re: How will the upcoming elections affect crypto
« Reply #6 on: November 04, 2024, 05:38:32 PM »


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Re: How will the upcoming elections affect crypto
« Reply #7 on: November 04, 2024, 06:02:28 PM »
One day left, I have a feel that the election might mark the beginning of bull but, let see how it goes

Reduce your expectations and disappointment will not come close to you. What I have observe about this market is that it has been around $60k range since this election began and despite the speculations, there is no strong force of this election that will give us bull run and I think the expectation is high more reason why it will not happen.

Just hold your bag and be waiting for any time it comes but I still think that there is going to be liquidation of money between shorts and long markets, this is not going to in any way make us see any bull run. Whether Kamala or Trump, crypto will remain crypto .
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Re: How will the upcoming elections affect crypto
« Reply #8 on: November 04, 2024, 06:22:34 PM »
US presidential election is almost here and you are probably wondering if it boost markets. Historically elections create uncertainty making investors bit anxious but surprisingly US markets have generally risen in election years averaging returns of 9.1% since 1950. Some analysts think election outcome could be crucial for crypto markets potentially ending  current cycle. With polls showing tight contest investors are looking at economic indicators and market trends for insight. Notably S&P 500 Index has performed positively since April 2024 which might favor incumbent candidate. Remember markets are nonpartisan and historical data does not support notion that one party is better for market returns than other.
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Re: How will the upcoming elections affect crypto
« Reply #9 on: November 04, 2024, 06:44:43 PM »
This election is very critical and decisive to the crypto market as it is likely to make the market volatile as it's will likely to move the market upward which will make people to have more profit , this election is also going to a decisive for crypto as it may likely decide the future of crypto in the world this election has the potential to make crypto currency to be accepted globally as it will go a long way to decide the future of crypto

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Re: How will the upcoming elections affect crypto
« Reply #10 on: November 04, 2024, 07:11:53 PM »

where the market will go is very uncertain yet but i would like to see trump wins this election and see whether he could really deliver what he is saying like firing Gary Gensler.  the picture off this guy is smiling all the time while he tried to choke the crypto market through the regulation policies that Biden admin has been creating.  firing Gensler i think is one very sweet revenge especially the bald guy who had been known to be supportive to BTC but after earning a seat at SEC, his tone changed.

once trump shows he can fulfill promises, i think we can see this election can affect crypto.

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Re: How will the upcoming elections affect crypto
« Reply #11 on: November 04, 2024, 07:49:55 PM »
One day left, I have a feel that the election might mark the beginning of bull but, let see how it goes
The US election has already started to have many negative and positive effects on the cryptomarket.  Election tomorrow so now crypto market will look more volatile but if Donald Trump wins the election then definitely something positive will be seen in crypto marketing and if he loses the election then negative impact will be seen in crypto market and tomorrow many people will use this opportunity to make a lot of profit from future trading.  Will try to do it though the matter will then behave like a gamble.  So there is as much opportunity to make high profit from there as there is a chance to lose
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Re: How will the upcoming elections affect crypto
« Reply #12 on: November 04, 2024, 08:19:54 PM »
One day left, I have a feel that the election might mark the beginning of bull but, let see how it goes
The US election has already started to have many negative and positive effects on the cryptomarket.  Election tomorrow so now crypto market will look more volatile but if Donald Trump wins the election then definitely something positive will be seen in crypto marketing and if he loses the election then negative impact will be seen in crypto market and tomorrow many people will use this opportunity to make a lot of profit from future trading.  Will try to do it though the matter will then behave like a gamble.  So there is as much opportunity to make high profit from there as there is a chance to lose
Donald Trump is a crypto lover we know. If Donald Trump is then obviously cryptocurrency market will positive there has no doubt. We saw when Donald Trump was President of USA then he taken some positive step for cryptocurrency. And in this elections campaign he talk aboit Cryptocurrency. So we all cryptocurrency lovers can think if Donald Trump win in this election that will be good for cryptocurrency. 
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Re: How will the upcoming elections affect crypto
« Reply #13 on: November 04, 2024, 09:17:21 PM »
Like I always say, all these analysis of trying to predict the price of bitcoin or the performance of the crypto market in relation to the coming elections and politics in general are actually just speculations. The fact is we are just trying to predict what will happen forgetting that the market is a volatile market for a reason. I've seen many tweets recently saying that trump's movement is in support of bitcoin. Some said if trump loses bitcoin will fall and vice versa but I actually don't believe that.

Yesterday I even had a conversation with a friend that was talking about how Kamala may likely win this election, he even showed me an episode of the bart Simpson movie where they speculated that Kamala actually won the elections a long time ago.
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Re: How will the upcoming elections affect crypto
« Reply #14 on: November 05, 2024, 05:43:18 AM »
A win for Donald Trump will mean a little bullish momentum for crypto, but I think a loss for him may affect the market but on the short term. Market will recover for whichever outcome of the presidential elections,
Bitcoin has been on a bull run since early this year without any election, and will always pump at its right time without elections effects.
Is this statement based on the lure of Trump who told the cryptocurrency community about the benefits that crypto enthusiasts will get that there will be many benefits when Trump becomes president?? That's a campaign, my friend, and it's interesting for us... but there are other aspects that must also be considered, not just from crypto...

I am very sure, the new president will really have an impact on crypto, maybe the effect will start to be seen D +1 of the election or when we know the results...

 

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