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How do tariffs affect crypto?
Crypto isn’t tied to anything, that’s part of the issue. It purely priced based on hype.
I have made a ton of money on BTC and ETH (bought a really nice boat) but it’s gambling
Short the S&P500 as Trump isn’t done tanking the economy yet
So, buy call options and double down?
Buy on the dip and load up on call options.
Personally I moved some money to energy. Seemed kinda obvious. I’m not as confident on oil if counties hit a slowdown based on a trade war. I like OKLO even though it’s a bit speculative. SMR is similar but hasn’t performed the same. I like the micro-reactors for AI, blockchain, offset Canadian imported energy. It’s been working out so far. I still like Mag 7 companies, lots of margin to absorb any tariffs. Tariffs will have a lot of winners and losers. I’m not sure how that will translate to the S&P 500 index. A stronger dollar may hurt crypto, but we’re still in the 4 year cycle, it’s not over yet. Trump and family is heavily accumulating.