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2025-04-01 02:18:21

josephfounder on Nostr: Consider Moving to Cash or Stablecoins or Gold Before Liberation Day - Wednesday ...

Consider Moving to Cash or Stablecoins or Gold Before Liberation Day - Wednesday April 2nd.

On April 2nd the Trump Administration will unleash comprehensive Tariffs that will affect most of the nations that trade with America.

Treasury Secretary Scott Bessent has said that nations that trade with the USA will be put into 5 categories, and that tariffs will be reciprocal to all of them. President Trump has said that they may even be less harsh than reciprocal.

Wednesday we will know exactly what will happen. What seems certain is that tariffs from 10 to 25% and higher will arrive this Wednesday. This should have an initial negative effect on global liquidity and the values of most assets including crypto currencies.

Until it is clear how this situation settles I do recommend you consider moving to cash, stablecoins, or gold.

P.S. I am not a financial advisor, so do your own research, that said this information should help you make a decision. Also some Bitcoiners are fearless and don't mind the economic waves, in that case, ride the waves.

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