The Impact of U.S. Elections on Our Crypto Portfolios

in LeoFinance21 days ago

Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO


IMG_5637.jpeg


Is Web3 Going To Ever Be Reality?

The author critiques Web3's inability to deliver real value, income, or user engagement, suggesting that a "Web 2.5" model, blending Web2 with Web3, might be more viable. They argue that Web3's failure stems from a lack of sustainable revenue models, regulatory scrutiny, and unmet user expectations.

Some projects, like Uniswap, show promise by adapting governance structures, but the sector overall faces challenges in scaling and regulatory acceptance.

IMG_5638.jpeg

The Impact of U.S. Elections on Our Crypto Portfolios

The author discusses the potential impact of the upcoming U.S. presidential election on the crypto market, with a Trump victory seen as more favorable for crypto, while a Harris win could bring regulatory pressures, particularly on DeFi. They suggest holding off on major trading positions due to expected volatility, noting that Bitcoin may see price swings and that altcoins could suffer if BTC dominance remains high.

Despite the uncertain short-term impact, the author believes any downturn would be temporary and sees potential long-term opportunities, especially if Bitcoin dominance nears its peak and ignites an anticipated altcoin season.

IMG_5491.jpeg

Crypto Your Golden Lottery Ticket

The author argues that crypto can be a powerful path to financial freedom, but only for those who hold onto their investments with patience, particularly through the four-year market cycles. Unlike the gamble of lottery tickets, crypto offers a more reliable way to improve financial situations, provided investors resist the urge to sell during hard times. Emphasizing an eight-year, two-cycle commitment, the author believes that staying invested now, before crypto fully mainstreams, is crucial for long-term financial success.

IMG_5639.jpeg

EigenLayer Protocol | The Promises and the Challenges

EigenLayer is an Ethereum-based protocol that lets users "restake" their ETH to secure multiple projects, enhancing security and efficiency. While promising, it faced controversy when two advisors resigned over conflicts of interest, prompting the Ethereum Foundation to work on clearer governance policies. This incident highlights the need for transparency to maintain trust in decentralized systems.

InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Posted Using InLeo Alpha

Sort:  

Congratulations @mistakili! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 24000 HP as payout for your posts, comments and curation.
Your next payout target is 25000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the October PUM Winners
Feedback from the November Hive Power Up Day
Hive Power Up Month Challenge - October 2024 Winners List

Hey @mistakili, here is a little bit of BEER from @isnochys for you. Enjoy it!

Did you know that <a href='https://dcity.io/cityyou can use BEER at dCity game to buy cards to rule the world.


Hey @mistakili, here is a little bit of BEER from @isnochys for you. Enjoy it!

Did you know that <a href='https://dcity.io/cityyou can use BEER at dCity game to buy cards to rule the world.

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below


Hey @mistakili, here is a little bit of BEER from @isnochys for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below