Crypto traders who dined with Donald Trump have seen significant profits, highlighting the risks of investing in high-profile events. The president has threatened a trade war, sparking concern among business leaders and investors.
In November 2018, a group of crypto traders won dinner with Trump at Mar-a-Lago, one of the most exclusive resorts in Florida. Since then, some of these traders have made substantial profits from their investments. One notable example is Michael Saylor, CEO of MicroStrategy, who reportedly earned $150 million after investing in Bitcoin.
The connection between Trump’s dinner guests and significant profits has raised questions about the risks associated with investing in high-profile events. While some investors may be able to capitalize on such opportunities, others may experience losses or regret their decisions.
As Trump continues to threaten a trade war, business leaders and investors are bracing themselves for potential disruptions to global markets. The FT’s trusted and impartial coverage will provide insights into the latest developments and their impact on US politics, business, and the world.
Source: https://www.ft.com/content/6f6bdcb1-3c11-450a-8af6-4f01c5ee3505