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How to think about Bitcoin’s booms — and busts — in the Trump era
Bitcoin has been on a roller coaster since the November election. Should you be strapping yourself in, or should you unbuckle and climb out of the car? The post-election boom pierced $100,000, leading bulls to speculate that seven digits were next as “pro-crypto” President Donald Trump prepared to take office. Then, a day after the inauguration, a slide of more than 20% began. Bulls say “buy the dip and watch it rip.” But before diving in, ask yourself this: Why should you own crypto? Let’s tally up the cases for and against. Many claim the post-vote gains are justified – just the start. Crypto firms were ... (full story)
