In this conversation, Anthony Pompliano and Will Clemente discuss the current state of the crypto market and the potential impact of recent events such as the US election and the approval of the Ethereum ETF. Pomp highlights the volatility of the market and the historical drawdowns experienced during bull markets. Pomp also discusses the role of Bitcoin as a safe haven asset during times of uncertainty and the positive signs of its adoption and regulatory clarity. He mentions potential risks to the market, such as bugs in the code and political and inflationary events, but overall remains optimistic about the future of crypto.

The team also discuss various topics related to Bitcoin and the crypto market. They touch on Germany's decision to sell their Bitcoin holdings, offering advice for those experiencing drawdowns in the crypto world, and the timeless investing principles that still apply. They also discuss the potential impact of a recession on crypto prices, the maturity of the Bitcoin market, and the narratives they find most interesting in the crypto world.

Takeaways

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. Past performance is not an indication of future results.

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.