Quote from: EFS on November 16, 2024, 10:49:02 PM

It may have affected people in the US a little bit, but for the rest of the world, Trump's election doesn't mean much. Bitcoin's rise is not tied to the American election. We are reliving the cycle we go through every 4 years. Past results don't determine the future for many things, but for Bitcoin it has always been positive so far. I don't think the regulations in the US will evolve in a different direction. Exchanges will continue to operate in the same way.

It may have affected the market as well, but this effect will be short, and the market will start behaving normally very soon. Many people are getting too excited about it, it's understandable because the price hike was great, however, we should remember that as soon as the dust settles, the market can surprise us again. So we should be prepared for any outcome and shouldn't get too excited about this.

Quote from: Mpamaegbu on November 17, 2024, 08:02:51 PM

the most sensible thing to do is to ride the hype.

In my opinion, the most sensible thing to do is to stay on the safe side. If you are someone who bought Bitcoin when it was lower and are now waiting to take profit whenever it's enough for you, then it's excellent. Still, if you are someone who is looking to long it or make short-term trades, I would say you should make sure your analysis is robust, and you are not falling into a trap because the market can go down at any time at this point.