📈 Joe Biden caused the Markets to Crash

[Deleted member 403]

According to reports, the president would propose hiking the capital gains tax limit for Americans making $1 million a year from investment profits from 20% to 39.6% under his American Family Plan. Investors in the Crypto, Stock, and Shares have pulled their money out, as a result, consequently causing widespread panic from a "dip".

Are you buying the dip/market crash? If, so what coins are you buying?

 

[Dowenship]

Well its one of the things that happen... but the news really affected not only crypto currency but forex in general... Meanwhile the reason is very simple... Those that hold there asset are selling because part of the proposal is when an investor is holding up to a year... Meanwhile they sell a coin to buy another...

 

[ahmedo24]

I wouldn't know where the Americans will push their Investment withdrawn from cryptocurrency to and the new tax policy won't affect them. I will buy more during this dip, BTC, LTC and BNB

 

[Dowenship]

I wouldn't know where the Americans will push their Investment withdrawn from cryptocurrency to and the new tax policy won't affect them. I will buy more during this dip, BTC, LTC and BNB

Just ensure to have a stop loss idea because we are not yet in the dip yet.... more dip is coming!!! This is not a joke its a right info from a source

 

[ahmedo24]

Just ensure to have a stop loss idea because we are not yet in the dip yet.... more dip is coming!!! This is not a joke its a right info from a source

What's makes you to say more dip is coming and does it mean they are taking their Investment to stock market where dip won't exist?

 

[GIFTMICHAEL]

Joe Biden have viewed and saw the dividends around Cryptocurrency. He's just eager to get some commissions through it as part of Americans revenue income. That has affected crypto, stock, and forex traders negatively. Now it is going bearish you will go for BTC, LTC, BNB, and BCH coins.

 

[Dowenship]

Its not only crypt currency that was affected, even commodities in forex are also affected but not as crypto... But we should expect more news that will cause more dip..

 

[Ralphjoe]

President Joe Biden is actually not a good economic planner in said he is just welfare president. He shouldn't have come up with a policy such as these that is capable of bringing down the economy because this is how I see this economic policies that he is bringing on board as I will call it a rip-off of legitimate traders who make their money in a genuine way.

 

[Niftyyem]

Why increase the tax so exorbitantly? Is he indirectly against Cryptocurrencies? Anyway, I think the effect of his decisions are wearing off now but I don't think that is the end of it.

 

[Damscooguns73]

Concerning Joe Biden causing the market to crash. Well, It is what we all witnessed not only in the crypto currency alone but also in forex, we saw so many reds and drops when the announced about the tax policy on crypto currency. Well, I hope he reconsider one day

 

[FreshKaz11]

According to reports, the president would propose hiking the capital gains tax limit for Americans making $1 million a year from investment profits from 20% to 39.6% under his American Family Plan. Investors in the Crypto, Stock, and Shares have pulled their money out, as a result, consequently causing widespread panic from a "dip".

Are you buying the dip/market crash? If, so what coins are you buying?

I like the fact that you brought this here for us to know what going on in America,so as for me living in Africa I don't think we are allow to buy that from here and if it is possible I don't think am interested at this moment.

 

[Kinglegend01]

Yeah truthfully he caused the market to not only crash but to enter a really difficult 2-3 weeks of economic darkness but thank God it's all in the past and the market is quite on track now.

 

[GIFTMICHAEL]

Yeah truthfully he caused the market to not only crash but to enter a really difficult 2-3 weeks of economic darkness but thank God it's all in the past and the market is quite on track now.

Lol. But the downtrend never exceeded five days. It only affected the digital assets for just one week. At the moment they're on the growth.

 

[Kelly5]

A kind of news like this one has a very great kind of impact on foreign exchange market as well as the cryptocurrencies market because of the type of reactions it generates on people's investments. I didn't buy the dip at that time, just watched the news merely

 

[Sotherefore]

Immediately the statement was announced there was a serious Drop in the cryptocurrency market, everything seems as if they are crashing,I was even afraid that I will lose so much in my crypto investment but unfortunately the market has started coming up,this is completely unrealistic as there is no possibilities of paying 30% of that.

 

[Ralphjoe]

Well its one of the things that happen... but the news really affected not only crypto currency but forex in general... Meanwhile the reason is very simple... Those that hold there asset are selling because part of the proposal is when an investor is holding up to a year... Meanwhile they sell a coin to buy another...

I agree with you to some extent because I feel what is happening to cryptocurrencies currently used as a result of the proclamation by The United State president in the person of Joe Biden of his intention to start taxing cryptocurrencies.

 

[Justin]

A lot of things can cause the market to crash. If some influential figures talks positively, the price goes up, if he talks negatively, price goes down. Wen countries ban crypto, price goes down

 

[Richard92]

A lot of things can cause the market to crash. If some influential figures talks positively, the price goes up, if he talks negatively, price goes down. Wen countries ban crypto, price goes down

Not only Joe Biden cause the market to crash but a lot of things also made the cryptocurrency market to crash 1 and is the withdrawal of most popular country from the trading of cryptocurrency which involves China.

 

[Josemendez]

This was possible because people had their money in cryptocurrency. With the information released by Biden , US investors have no other reason than. To panic sell

 

[Sotherefore]

When I actually made that statement I observed that the price of cryptocurrency like bitcoins actually drop and all cryptocurrency was seriously in depreciation, I think he was just considering it and it is not possible that he will make the law.