💸 Why isn't the «crypto czar» increasing our portfolios?
Friends, I'll start my post with a brief excerpt and reaction to a conference that took place a couple days ago, where David Sacks, who Trump appointed to be the «crypto czar», spoke.
🔤 A squeeze of his words:
— Frankly, we are coming out of four years of arbitrary harassment and persecution of crypto companies.
— We're excited to work on regulating stablecoins.
— We want to make a “golden age of cryptocurrency.”
— The feasibility of creating a reserve in bitcoins is being explored.
Despite such a positive statement, many people have started to turn negative. But why?
🔎 Because the price didn't skyrocket or your 50x leveraged token didn't fly to the moon?
In fact, what is happening now is a new reality that we haven't seen before! The mere statement that 4 years of crypto stalking is behind us and now a new era with a green light for projects and developers is beginning should say a lot.
Let's remember the reasons for the stagnation and prolonged depression of the market in 22/23 years.
The prolonged market depression was largely due to the total pressure on crypto — regulation squeezed projects and investors. The pressure occurred simply on the back of the fact that there was not this very clear and understandable legal framework.
📤 Now the situation is changing:
— The market is being untied
— A clear legal framework will appear
— A renaissance of ICOs and new forms of capital raising is possible.
But not everything is so simple...
There has also been a lot of talk about regulation. Let's not forget that regulation is not the absence of rules, but their clear presence.
📑 That is, the Trump administration will create a legal framework that will make the market more understandable.
The market will undergo a large-scale cleanup, and only the «strong» will survive.
And who are these «strong»? Those who are now in Trump's entourage, moving their projects forward. They are the ones who will get the funding, attention and liquidity.
❕ My plan: I have set a goal to reduce the number of assets to the best of my ability and what the market will provide, and focus only on point projects that I am confident will survive this market transformation 🔥
CRYPTO TREYSI | Subscribe