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Investing in AI coins, Goat is a good choice output: title: The impact of the 2024 US presidential election on the crypto market, Arthur Hayes said on the Unchained podcast

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2024-11-06 15:10:16329browse

On November 1, Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, discussed the potential impact of the 2024 U.S. presidential election on the crypto market on the Unchained podcast.

Investing in AI coins, Goat is a good choice output: title: The impact of the 2024 US presidential election on the crypto market, Arthur Hayes said on the Unchained podcast

said, if you had to choose a meme coin, choose Goat.

Say, if you had to choose a meme coin, choose Goat.

Arthur: Yes, but I hold Goat because it is part of the Ethena ecosystem, not because it is a meme coin.

Arthur: Yes, but I hold Goat because it is part of the Ethena ecosystem, not because it is a meme coin.

Laura: Okay, let’s talk about macroeconomics. You mentioned earlier that whoever is elected will continue to print money. Are there any specific expectations in this regard?

Laura: Okay, let's talk about macroeconomics. You mentioned earlier that whoever is elected will continue to print money. Are there any specific expectations in this regard?

Arthur: I think major economies (US, EU, Japan, and China) have historically expanded their money supply in response to financial challenges, including the 2008 financial crisis, COVID-19, and other recessions. These economies have adopted quantitative easing policies and lowered interest rates to stimulate economic growth.

Arthur: I think the major economies (US, EU, Japan, and China) have historically expanded their money supply in response to financial challenges, including the 2008 financial crisis, COVID-19, and other recessions. These economies have adopted quantitative easing policies and lowered interest rates to stimulate economic growth.

Now that we are facing the risk of high inflation, rising interest rates, and an economic recession, major economies may again take similar measures to avoid a hard landing. This will lead to an increase in the money supply, which will push up asset prices, including Bitcoin, gold and other safe-haven assets.

Now that we are facing high inflation, rising interest rates, and the risk of a recession, major economies are likely to take similar measures again to avoid a hard landing. This will lead to an increase in the money supply, which will push up asset prices, including Bitcoin, gold and other safe-haven assets.

Therefore, I tend to hold on to these global trends for the long term rather than short term trades.

Therefore, I prefer long-term holdings on these global trends rather than short-term trades.

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