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Trump appoints Charlotte native, ex-congressional candidate Bo Hines to crypto role
(www.newsobserver.com)
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this post was submitted on 24 Dec 2024
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Obviously this is stupid, but should I invest in one of these cryptos to get ahead of the bubble?
Yes, that is stupid. Don't put any money in Crypto you can't afford to lose.
If you insist, limit yourself to OG Bitcoin, since that is what they will end up using government money to prop up. Honorable (?) Mention to OG Dogecoin, since as long as Elon is the Prime Minister he will keep memeing it. Avoid everything else, particularly all those tokens riding on Ethereum. (I think Ethereum will be the big loser in all this, which is a shame as it is more useful than Bitcoin, and more energy efficient).
But if you do, don't be surprised if you totally miss where the top is, and ride the BTC price back down to a 80% (or more!) Loss. It has happened before, and will again. Stay away if you don't like that.