On November 3rd, Amber Group CPO Annabelle Huang was invited to be a guest in the live broadcast room of Mars Finance, a well-known media in the industry. Together with four other encrypted financial opinion leaders who also have in-depth research on global political economy, they discussed How the results of the US election will affect Bitcoin 》This topic was shared and exchanged.
November 3, Eastern time, is the polling day for the US general election. Affected by the new crown epidemic, many states were unable to finish counting votes on November 3, and the results have not yet been announced. Since Biden and Trump have major differences in policy propositions, the results of the general election will have a greater impact on the global economic and political landscape. Under the current background full of uncertainties, as a key variable affecting short-term capital market trends, the US election has attracted unprecedented attention. In the topic exchange, Annabelle objectively analyzed the impact of the US general election on various markets under different election conditions.
First,
First,second,
second,third,
third,Biden wins, and Republicans control the Senate. This is the worse of the several scenarios in which economic stimulus doesnt pass quickly and the U.S. economy falls into deflation.
fourth,Trump wins, Republicans take control of the Senate. But it is widely believed that this will not happen.
The topic of the live broadcast turned to encrypted finance. Based on the current situation, the guests discussed the relationship between encrypted assets such as Bitcoin and mainstream assets such as gold, stocks, bonds, and real estate, and whether encrypted assets can be anti-fragile.
Annabelle said: During a liquidity crisis, all assets will be sold, and Bitcoin and gold are no exception. However, due to its 7x24-hour liquidity, Bitcoin is more likely to be sold first. When the market sentiment is calm, Bitcoin The characteristics of Bitcoin tend to be similar to safe-haven assets such as gold; when the market sentiment is out of control, the characteristics of Bitcoin are more like the stock market. On the whole, Bitcoin still maintains a relatively low correlation with the traditional market, while its resistance The characteristics of inflation are also necessary elements for Bitcoin as an alternative asset.”
In this regard, Annabelle further talked about the suggestions for asset allocation after the general election, especially how to switch between mainstream assets and encrypted assets. Annabelle proposed: As previously speculated, on the premise that the Democratic Party has a high probability of controlling the White House and both chambers, it is recommended to allocate more anti-inflation assets, including gold and Bitcoin, while bearish on the US dollar, US bonds and US stocks compared to other emerging market stock markets .”
Finally, Annabelle concluded: The environment is complex and changeable, and it is necessary to find relative certainty among so many uncertain factors.
Regardless of the outcome of the final election, in the medium and long term, the background of the Sino-US game will continue. Investors should rationally allocate assets within their acceptable risk range, including cash, safe-haven assets, Bitcoin and other anti-inflation alternative assets, insurance and real estate, etc.
It is understood that Amber Group, as a global encrypted financial intelligence service provider, always adheres to the service concept of long-term value, pays attention to security, compliance, and risk control, and is committed to becoming a better choice for global users to participate in encrypted finance and allocate encrypted assets .
(The opinions in the article do not constitute investment advice, please pay attention to investment risks.)
