Comment on 'Hope is not a strategy:' Sell-off risk looms over crypto amid lack of policy announcements from Trump

'Hope is not a strategy:' Sell-off risk looms over crypto amid lack of policy announcements from Trump

Getty Images; Chelsea Jia Feng/BICrypto momentum has slowed amid a lack of pro-crypto policy announcements from President Trump.According to Standard Chartered, a lack of fresh updates could spark a 10%-20% market correction.Investors should buy the dip, and lean into altcoins that will benefit from new ETFs and specific regulatory changes.The longer President Donald Trump takes to unveil crypto-specific policy, the higher the risk investors are confronted with a painful sell-off.

 

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