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- 🗞️ Trump's Tariffs Hit the Market HARD
🗞️ Trump's Tariffs Hit the Market HARD
PLUS: Should you SELL or BUY?
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In today’s episode:
✍️ Trump's Tariffs Hit the Market HARD
đź’ˇ Should you SELL or BUY?
TOP STORY
Trump's Tariffs Hit the Market HARD
The crypto (and stock) market has plummeted in the last 24 hours.
So, what really happened?
Trump went to war. Not literally, but pretty close.
He imposed new tariffs on Mexico, Canada, and China.
The impact?
Just a couple of hours later, Mexico and Canada announced retaliatory 25% tariffs on US goods.
Why is that important?
The tariffs could (and probably will) greatly impact the prices of goods like electronics, food, etc.
This triggered mass sell offs of stocks and crypto, which erased half a TRILLION dollars from Crypto Market Cap.
So, Should you SELL or BUY right now?
Let’s look at a very interesting graph first, before answering this question…

source @bitcoinist
The graph represents retail investors (those with less than 1 BTC), large investors (those with more than 1 BTC), and the price of Bitcoin.
Since the beginning of November, retail investors have been selling off and taking profits, while at the same time, large investors started to buy in BIG time.
And if we learned anything so far is that you should ALWAYS follow the big money.
So, what is our answer?
Yes, the market is down significantly, and our portfolios look like a bunch of rotten tomatoes right now.
But, we look at it like the biggest Black Friday Sale of Crypto this year:

source @coinmarketcap
Look! ETH is on sale right now, just use the code “BUY NOW” on the checkout!
All jokes aside, if you have been waiting for the right time to buy the dip, this is one of the best times to do it.
Who knows, maybe by the time you read this, it will be all too late and the market will already recover.
Meme of the Day 🤣

source @naiivememe
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.