Crypto climbs and bitcoin nears all-time high ahead of U.S. election

    CNBC’s MacKenzie Sigalos joins ‘Power Lunch’ to discuss Bitcoin climbing ahead of the election closing in on March highs.

    29 Comments

    1. Bitcoin may or may not be a hedge against inflation, but it’s definitely a hedge against currency debasement due to money printing. We cannot print our way out of debt, we can only GROW our way out, but the government somehow doesn’t know that yet. With luck, whoever gets the White House next year will experiment with a bit of self restraint.

    2. It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

    3. Crypto holders want Trump. Harris is being too quiet on her crypto policies, therefore I have no reason to believe she'll be any different than Biden's war on the industry.

    4. I had problem comprehending trading in general. I tried watching other YouTube trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

    5. You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a Bitcoin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

    6. They are full of sht. Harris wants to hire a guy to the SEC that wants to destroy crypto. Go look it up. If you want crypto to flourish Trump is the only one.

    7. Crypto is risky as many would say but I think the actual risk in Crypto is not investing. Basically, I just made my first $300,000 in crypto market and I barely know how to express how happy and excited I am right now.

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