Dumb Money Live Trading Trump's First 100 Days
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Jan 21, 2025 Dive into the whirlwind of Trump's presidency and its immediate effects on Wall Street! Discover the rise of the 'Trump coin' and the shifting landscape of investment strategies. Explore the emotional ties to TikTok amid market fluctuations and the need for sustainable investments. Uncover the ethical challenges of presidential finances and the allure of cryptocurrency. With stories of impulsive trading fueled by apps like Robinhood, this discussion navigates a fast-paced financial world, from Tesla's resilience to future trading insights.
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Presidential Shitcoin
- Trump launched a presidential "shitcoin", increasing his net worth fivefold.
- Melania's competing meme coin halved its value and destabilized the crypto market.
Avoid Short-Term Reactions
- Don't get caught up in short-term reactions to Trump's erratic actions.
- Focus on long-term trends and real market opportunities.
Deregulation's Impact
- Consider the long-term impacts of Trump's actions and inactions.
- Deregulation will benefit some industries, and overregulation will hinder them.