Trump reflects the Biden -era encryption law, Bitcoin jumps

00:00 Speaker a

Bitcoin is rising today after President Trump has signed a bill in a law that reflects the biden IRS rules that make decentralized financing platforms correspond to the same tax bases as traditional brokers. The encryption market was on a ground trip since President Trump won the presidential elections, at first jumped to the highest level at the passage of $ 100,000, then it retracted with the broader market where investors risk the uncertainty in commercial policy. Our next guest is correctly calling for the so -called bear coding market here. We have Kamal Makadim. He is a general administrative partner in Finality Capital, which is the capital investment company in early stage companies in the Blockchain Eden Web 3, IT and Web 3 sectors as well. Before that, he also participated in the founding of omnix, a trading technology platform that Gemini has acquired. You also want to mention the executive editor, Brian Susie here, to add an additional context. Now Kamal, the full detection of our fans, is clear that you are a Bitcoin investor yourself, but you described this bear market. Talk to me about what you were to see and how it affects your activity with Crypto as an investor yourself.

01:51 Kamal Makadim

Well, Crypto has been trading for a long time since 2013. As you know, I started with $ 500 and ended 50 million times in 2022. UM, what we have seen recently was that I have a Macro signal that gives me major points in the market in the market. Uh turned from positive to negativity to January. So I can be present there. You can see that you can narrow it to the week

02:43 Kamal Makadim

The summit will come from January 13 to January 20. The actual summit was January 19.

03:01 Speaker a

Come on, why was Bitcoin not why it was not seen, I think it is a safe haven during the day of danger on this day? As you know, you are back in the past and people were flowing to Bitcoin.

03:56 Kamal Makadim

Well, the first engine for encryption prices was the total and total conditions that have been tightened for any reason, as you know, this is what will lead to encryption prices more than anything else.

04:40 Speaker a

And if this is what will lead to the leadership of Crypto, I am guess that I am curious about how to maintain investment in this digital currency in the environment that is defined through uncertainty at the present time.

05:25 Kamal Makadim

Yes, I mean, for this reason you know that our own strategy is to risk sometimes when there is a macro tightening and oh to put all these risks again so that we can capture all the upward trend without suffering negative fluctuations.

06:01 Speaker a

Well, then let’s talk about this from the viewpoint of the retail investor, which owns $ 10,000 to publish it in this environment. Do you think they should buy bitcoin if they have a longer time horizon?

06:41 Kamal Makadim

Yes, of course. I mean, this is a great time to buy. Or, as you know, it is likely to be slightly less at the end of the year, but there are often differences where, as you know, bitcoin may be slightly lower, but some dresses that people may invest in may actually strike their lowest levels early in the year. So you will not regret buying anything here five years from now.