If you invested $10,000 in Bitcoin, Trump meme coin, and gold when Trump took office, here's what you'd have today

[Yo_Mama_Been_Loggin]

Bitcoin: $10,000 becomes $5,880

On inauguration day, Bitcoin opened around $102,000. A $10,000 investment bought roughly 0.098 BTC. Today, with Bitcoin trading near $60,000, that position is worth approximately $5,880, a loss of just over 41%.

-snip-

Bitcoin still lost nearly half its value on his watch. Rising Treasury yields, institutional profit-taking, and selling pressure tied to Strategy's $14 billion unrealized loss position have weighed heavily throughout his term.

-snip-

Trump Coin: $10,000 becomes $430

The TRUMP meme coin launched two days before inauguration day and peaked at $74.27 within 48 hours. By January 20 it had already crashed to around $35. A $10,000 investment bought roughly 285 coins. Today those coins are worth approximately $430, a loss of 96%.

Nearly one million people bought the coin. Analytics firm Nansen found that their combined losses total $3.81 billion. Trump himself cleared more than $635 million from the same token. The trade worked out for one side of the table.

https://www.msn.com/en-us/money/markets/if-you-invested-10-000-in-bitcoin-trump-meme-coin-and-gold-when-trump-took-office-here-s-what-you-d-have-today/ar-AA27ATIg

[PatSeg]

1. Interesting how the investors all lose big

but Trump made $635 million. Gee, who could have seen that coming?

[twodogsbarking]

5. He managed the companies that he bankrupted before dissolution at high fees. Similar.

[PatSeg]

6. Yeah, he's a one trick pony

The only thing he is good at is crime it would seem, but even then he ends up squandering any gains he grifts.

[twodogsbarking]

11. The tarp salesman just bought a Lamborghini.

[PatSeg]

19. Ha, ha, ha!

[Beartracks]

9. There's a sucker born every minute. Con men like Trump instinctively know how to find them. n/t

[PatSeg]

20. That is so true

He's not a terribly intelligent man, but he has street smarts and he can sense people's weaknesses.

[FoxNewsSucks]

12. I don't see how they can be so ignorant or stupid

He's never had a legitimate business, every time he just fucks people over. How did they not expect the same???

[PatSeg]

21. Especially after all these years

I would have expected (or hoped anyway) that they would have woken up by now, but I underestimated their ignorance. I think Trump has become their new religion.

[mwmisses4289]

2. Crypto "currency" - one of the biggest scams around.

[Amishman]

3. Consistently those who buy and hold are able to profit immensely in the long run

People said called it a fake and a scam when it crashed from $1000 to $200 thirteen years ago.

When it goes up, people say it's a bubble. When it crashes they claim they were right.

Yet the highs are higher every cycle, and the post crash low is still at or above it's prior peak.

buy low, sell high - and you'll do well with crypto.

[littlemissmartypants]

8. Hahahaha. This is sarcasm, right?

[progressoid]

4. Clearly the fault of vandals and Joe Biden

[AZ8theist]

7. Sweet Koresh, how dum(b) do you have to be...

...to throw away $$$$ on ANYTHING this idiot con man sells??!?

[mdbl]

10. As dumb as the people who send $100,000 to a romance scammer they've never met

or even talked to in most cases.

[Skittles]

15. the stupidity it takes to believe that orange fascist fuck is a "great leader"

THAT kind of dum(b)

[efhmc]

17. I give my gsons money for their birthday and other occasions to spend on any thing they want except pretend money.

We have had enough conversation about this so they know what I mean.

[Progressive dog]

13. Allowing companies to make their own money

always seemed like a scam to me. Con man Trump made a lot of money using the scam.

[moonshinegnomie]

14. ive read where the idiots the bought his meme coin may be able to sue him personally

I dont know the actual details but it has to do with fraud,emollents and a couple other things.

i hope they do sue him into poverty. figure 3.8B in losses plus 2-3x that in punative damages should do the trick

[Buddyzbuddy]

16. IMHO. Digital coins are a direct threat to

the United States economic system which indirectly is an attack on the government of the USA from the inside. Our politicians are facilitating this process, Democrats and Republicans including my two Senators from California. Greed is the only motivation. For campaign dollars, for power and to take advantage of the investors that are the last to invest in this pyramid scheme. Digital coins is the perfect method to hide and protect illegal profits from crimes committed by drug dealers, and criminal empires including governments.
For example, are there systems in place to track this currency? By the IRS? Illegal arms sales? Embargoes? Bribes? Extortion? Kidnappings? Private military actions? Stolen property? Hidden assets?

The Rapist in the Whitehouse and his family will continue to profit from this system that is helping to destroy the confidence in our economy. I don't care if he's rich, I care that as a by-product our historical economic system is at risk. He's been a conman his whole adult life. This is just the latest method by which he's fleecing Americans.

[orthoclad]

18. gold: 10k to 15k,

just to complete the spiel.

[eppur_se_muova]

22. Thank you ! Also, my local S&L would have turned it into at least $10,300 -- not a fortune, but better than Trmp. nt