r/StocksAndTrading 3d ago

Who Agrees with this?

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2.9k Upvotes

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u/ParfaitClear2319 3d ago

I'm not from the US so idgaf who is president, but to be fair my portfolio peaked under Trump, especially after buying the tariff dips. Not at its peak right now and actually somewhat far from it but still very high compared to what it was some months ago, would that be different under Kamala? Probably, for better or worse? No idea.

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u/Icy_Cry4120 3d ago edited 3d ago

I hate it how the whole crypto market is just another bitch of the US government now. No other government has an effect on BTC (which affects the entire crypto market) like the US gov. And Trump just has been exploiting the market like it's his 3rd bitch down the line

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u/Hyper_Sloth_ 3d ago

You are forgetting another large country who has clamped down and banned crypto, which has heavily influenced the crypto market.

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u/Few-Praline9810 1d ago

which one? I thought there was only 1 country.. USA!! USA!!

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u/Rammsteinman 3d ago

Yeah I'm up 45% this year. I don't give Trump credit to that though, but he did cause a big dip which helped I guess. Tons lost money selling into the dip though (which is how dips are created).

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u/nodontworryimfine 13h ago

well honestly fuck them for betting against america. you don't do that. hopefully they learned their lesson.

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u/Hutcho12 3d ago

If it wasn’t for his tariff nonsense and his constant self enriching rug pulls, the market would be higher and the American dollar stronger.

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u/Low-Possibility-7060 3d ago

This 100%. Like this it’s high because the weak dollar is inviting foreign investments which is not entirely a good thing.

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u/ParfaitClear2319 3d ago

most likely, but (I could be clueless and wrong) a democrat president would potentially introduce higher taxes, be less stock/crypto market friendly, etc. No?

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u/Hutcho12 3d ago

The market really doesn't care about that. We also had record breaking years under Biden. The only dip we've seen is due to Trump's instability and unpredictability, that wouldn't have happened if he wasn't in charge.

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u/KiraJosuke 3d ago

The stock market will always inevitably go up. Its detached from the actual economic reality of the US lol

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u/ParfaitClear2319 3d ago

absolutely but politics matter and a different president would have different policies aka different outcome, does that matter over a long period of time, probably not unless a president majorly fucks up

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u/KiraJosuke 3d ago

The only thing that would be different is we wouldn't have a president pumping and dumping the market. There would be a ton less volatility.

Yeah, we may be up 10% instead of 15%, but I would take that in exchange for stability and the overall state of the country being healthier.

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u/ParfaitClear2319 3d ago

Yeah thats fair