Expert advises storing bitcoin to protect against US inflation
Date: 2024-10-25 Author: Henry Casey Categories: CRYPTO PAYMENTS
Paul Tudor Jones, a well-known investor and founder of the hedge fund Tudor Investment, expressed serious concerns about the economic situation in the US. He points out the low probability of inflation falling to 2%, given current government spending and tax changes. According to Congress, the federal budget deficit will reach $1.9 trillion this year and could increase to $2.8 trillion by 2034. In light of this situation, Jones is convinced that bitcoin should become an integral part of an investment portfolio, especially in conditions of economic uncertainty.
Events like the US elections are becoming a reason for growing interest in meme cryptocurrency. Many investors are looking to use the elections as a way to make money by investing in meme tokens, whose value can temporarily increase on the wave of news and current topics. For those planning to enter the game, it is important to first take care of the safe storage of assets by choosing a reliable crypto wallet, such as Best Wallet, which supports private key protection and allows you to manage various cryptocurrencies, including meme tokens.
It is also important to keep an eye on emerging projects that may attract interest amid the elections. Such projects include FreeDum Fighters (DUM), where users get the opportunity to support their candidate by participating in virtual voting and receiving rewards. The recently launched FreeDum Fighters presale has already raised over $261,000, and the DUM token is available for purchase at $0.00005, attracting the attention of both crypto enthusiasts and a wider audience interested in politics.
Unlike traditional election monitoring, FreeDum Fighters allows users to actively participate in the process by betting on their candidates using DUM tokens. The platform offers the option to support Donald Trump or Kamala Harris, making virtual voting not only interactive but also rewarding: participants can make a profit, regardless of whether their candidate wins. The rewards program is based on a staking system, and the amount of income depends on the contribution of each user.
In addition, the FreeDum Fighters project creates a unique community where users participate in virtual debates, discuss political issues and receive bonuses. This platform attracts attention both as an investment opportunity and an active discussion environment where important topics are discussed.
Conclusion
Investing in cryptocurrencies related to the US elections can be risky, but with the right approach, it can bring significant profits. Meme tokens are becoming an attractive option for those looking for high returns, but it is important to be aware of the risks and carefully evaluate the possible consequences of such investments.
