Jp morgan chase analyst said that with the possible victory of Trump, the retail demand for bitcoin and gold may surge, despite institutions investors remaining cautious in overbought futures.
Will bitcoin and gold prices be ready to rise? Jp morgan chase weighs the potential driven by Trump.
JPMorgan Chase analysts led by Managing Director Nikolaos Panigirtzoglou stated in a report on Wednesday that a victory by Donald Trump in the upcoming US presidential election could increase retail interest in bitcoin and gold. They pointed out:
Retail investors seem to be more aggressively engaging in 'depreciation trades' by buying bitcoin and gold ETFs.
They have observed significant retail activities not only in bitcoin and gold exchange-traded funds (ETFs), but also in the 'market cap exceeding memes and artificial intelligence tokens'.
Analysts emphasize the significant increase in the inflow of bitcoin ETFs, with retail investors adding 1.3 billion USD in just two days, bringing the total to 4.4 billion USD in October - the third highest monthly inflow since January. Despite this increase, institutional investors remain more cautious. Analysts warn, 'Bitcoin BTC +0.39% futures have been overbought, leading to some future vulnerabilities.' They point out a slowdown in institutional demand for bitcoin futures. Similarly, as retail investors actively purchase gold ETFs, institutions show a noticeable pause in interest in gold futures.

Warren Buffett continues to sell a large amount of Apple stocks.
Berkshire Hathaway sold 100 million shares of Apple in the third quarter.
As a result, Buffett's company reduced its shareholding by 25%.
Following a nearly 50% reduction in the second quarter.
Berkshire's overall shareholding in apple
Has now dropped by about two-thirds
Buffett's shareholding reduction in stocks should be due to high valuation.
The biggest possibility is if Harris wins.
I'm afraid all unrealized gains will be subject to a 25% tax.

On Tuesday, the price of bitcoin surged to $73,500, as the afternoon momentum even pushed higher bitcoin.
With the dominance of bitcoin, the crypto market is heating up.
The crypto star maintained its pace on October 29th, reaching $73,600 on Bitstamp by 3 p.m. Eastern Time in the USA. With this rise, bitcoin's market cap reached $1.44 trillion, accounting for over 58% of the total $2.46 trillion crypto economy. Bitcoin's 24-hour trading volume soared to $65.38 billion, exceeding the entire crypto market of $113 billion.
Today, USDT, USD, FDUSD, USDC, KRW, and EUR are leading the way as the most active BTC trading pairs. According to statistics from coingecko.com, Binance and Coinbase rank at the top of bitcoin exchange exchanges. Futures trading is also booming; as reported by coinglass.com, open interest is set to rise to $44.15 billion. QCP Capital attributes the gains in bitcoin to various factors, especially the strong inflow of nearly $1 billion into spot ETFs last week.
QCP analysts revealed that Emory University recently invested $15 million in Grayscale Bitcoin Trust fund, marking a new turning point. This signifies the first known university endowment fund investment in digital assets, showcasing growing interest from traditional conservative funds. The headquarters of this fund...

Economist and gold advocate Peter Schiff announced that the explosive rise in gold is just the beginning. He predicts that under the imminent currency inflation and economic turmoil, a historic rebound will occur.
Peter Schiff: Gold bull market hits historic highs - but this is just the beginning
Economist and gold advocate Peter Schiff emphasized the astonishing returns of gold in 2024, hitting historic highs on Tuesday. He wrote on the social media platform X: "Gold closed at a historic high, over $2,775, the best year since 1979." Schiff added:" The difference is, in 1979, inflation was near its peak, the gold bull market was nearing its end, whereas current inflation is nearing a trough," he emphasized:
The gold bull market has just begun.
The comparison with 1979 is significant: in that year, amidst rampant inflation, the Iranian Revolution, and the Soviet invasion of Afghanistan, gold surged. By the end of the year, the price of gold had risen from $226 to $500. This drove demand for gold, and the price ultimately peaked at $850 in early 1980, which adjusted for inflation, is equivalent to around $2,800 today. However, as the Federal Reserve raised interest rates to curb inflation, the bull market of 1979 quickly came to an end.
In 2024, economic uncertainty, central bank purchases, and geopolitical risks have fueled the rebound in gold, especially in the Middle East. The Federal Reserve expects...

An economist believes that bitcoin is a reserve asset similar to gold, and points out that some central banks may consider adding it to their reserves.
Economists boldly suggest that bitcoin can protect central banks like gold.
The non-profit think tank Bitcoin Policy Institute (BPI) published a paper by economist Matthew Ferranti last week entitled 'The Case for Bitcoin as a Reserve Asset'. This paper examines the potential of bitcoin as a reserve asset for central banks, comparing its resilience to disasters with that of gold. BPI focuses on educating policymakers and the public about bitcoin and other disruptive digital technologies.
Ferranti detailed in his paper:
I believe bitcoin is a reserve asset - similar to gold in some ways - and some central banks may consider adding bitcoin to their reserves.
Ferranti pointed out that although El Salvador is currently the only country that officially holds bitcoin as reserve assets, other countries may be quietly exploring similar strategies amid global financial tensions and escalating sanctions.
In addition to its crisis-hedging properties, Ferranti believes that BTC offers various advantages that may help address currency inflation, sanctions, and global economic chaos. He noted that Bitcoin's robust structure makes it more difficult to counterfeit than gold, its limited supply functions as an inflation hedge, its liquidity meets transaction demands, enhancing its attractiveness as a reserve asset. In addition...

According to research by Glassnode and on-chain analysts Ukuria OC and Cryptovizart, Bitcoin has recently risen to $69,000, marking a significant shift.
Bitcoin rises to $0.069 million: Glassnode's analysis of the next market move
According to data from the chain market intelligence company Glassnode, the recent spot price of Bitcoin (BTC) soared to $69,000, causing investors to breathe a sigh of relief after months of stagnant trading. This surge is in line with the breakthrough of multiple technical thresholds in cryptocurrencies, including the 200-day and 111-day moving averages, both of which have historically been associated with price movements.
Glassnode's latest on-chain report states: "The net capital inflow of Bitcoin assets has also accelerated, growing by 21.8 billion USD (+3.3%) in the past 30 days." "This has led to a new ATH for realized cap, surpassing 646 billion USD. This indicates that liquidity across the entire asset class is increasing, with significant capital inflow supporting price appreciation."
The position of Bitcoin holdings among short-term investors further supports this rebound, which is a key indicator to understand recent market sentiment. Glassnode's report shows that all sub-year age groups in the short-term holder queue now have unrealized profits, indicating that these positive returns may enhance market confidence.
Ukuria OC and Cryptovizart point out that, with investments...

When should I sell stocks?
There is a saying in the stock market
Being able to buy makes you a student, being able to sell makes you a master
In fact, I personally think that there are many techniques involved in both buying and selling.
Sharing my experience with everyone
First,
As a value investor, I focus on buying various types of assets.
There are only two prerequisites.
First
This asset must be a very good asset.
There are many conditions to meet for this good asset.
In addition to stable profits.
Its fundamentals also need to be very good.
Whether it's ETFs, REITs, stocks, or bonds.
The number of chips remains unchanged.
It must be very strong fundamental assets.
The second condition
#This asset is severely undervalued
How to value has been discussed in previous articles
I won't elaborate on this side further.
In the investment field,
whether it's stocks or real estate.
If you want to achieve a very good long-term return on investment.
The key is to have good assets and buy them cheaply.
Good assets, buy cheap.
Good assets, buy cheap.
Because this is very important, it must be said 3 times.
When you buy a great asset at a very good price.
At this time
#It's all about the selling.
When selling, the key is whether this asset is a growth-oriented asset.
What does that mean?????
Because not all assets will have growth.
For example, if a company makes 20 million in a year, and wants to grow 5 times,
Today we are investing in REITs
REITs is a type of real estate.
Real estate will have cyclicality.
...

Israel finally counterattacks Iran.
But this is just a restrained counterattack.
The main targets are military factories and other essential facilities.
Not nuclear power plants and oil & gas facilities stopped by the usa president.
Israel also declared an end to the counterattack.
While the statement from Iran's air defense forces said,
Some locations suffered limited damage.
If Iran does not retaliate.
Then this battle can be considered over.
I also believe that Iran will not retaliate again.
So the crude oil prices can now return to calm.

Actually, my wife and I both have a common annoyance.
That is, my eldest daughter never appreciates what she has.
And then I thought about it for a few days.
The key is how to make her feel that things are difficult to possess.
He is 5 years old this year.
#The concept of money is still quite vague.
So now I am starting to give her RM1 every day.
Then she saves it herself.
She can use her own savings to buy things when she decides what to buy.
Sometimes I think, maybe 1 ringgit is too much after all.
After all, she is only 5 years old.
But then I start thinking again later.
#Actually, things are very expensive now.
Casual things all cost 20-30 yuan each.
If she wants to buy this thing, it is 30 yuan.
Then she has to save for a month.
Actually, a daily RM1 limit is reasonable.
And then I thought about how to make her understand the effects of saving and investing???
later I thought of
Buy a big piggy bank.
It's the type made of iron, and you can't open it to use.
As long as she wants to save money in it, as long as she stores RM1.
I'll help her add RM1 inside again.
This way she will know.
Just save money.
#There will be a return.
This way solves the problem of letting her know the concept of saving money.
There is also the concept of investment.
Then I will tell her again.
Please do not steal money from your parents' wallet.
#The police will catch you.
Because what you are doing is illegal.
Then I was thinking.
What if she really grows up stealing money???
Then I will have to take her directly to the police station.
Let the police come to educate her verbally.
In this way, she will definitely have a profound impression...