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META 1 Coin Reports

META 1 Coin Report: Crypto and Elections

One of the main advantages of cryptocurrencies like META 1 Coin and others is the fact that there is no central bank or authority controlling the currency. Governments do not hold sway over digital currencies’ monetary policy and trading is a global, non-jurisdictional affair. It would seem that elections and government leadership would remain independent of crypto coin values, and yet crypto markets have experienced volatility in the run-up to the US presidential election.

Buying and selling behaviors ultimately impact coin values. Shifting societal currents and events can elevate feelings of uncertainty among investors.  And uncertainty often leads to volatility in markets.

Regardless of who wins elections, the important aspects to focus on when buying crypto coins include the fundamental aspects of crypto projects (a.k.a. fundamentals) and the time horizon of the coin holder. With respect to fundamentals, one important aspect that should be considered is the type of consensus algorithm used by a particular coin.

Does the crypto coin being considered operate on a Proof of Work (PoW), Proof of Stake (PoS) or Delegated Proof of Stake (DPoS) system? The original PoW system that made Bitcoin popular has recently been questioned for its long-term sustainability, as reports emerge that miners are losing money and dropping out of the system. Digital coins like META 1 Coin use DPoS which is lightning fast, secure, and does not depend on miners as in PoW-based systems.

Another factor to consider regarding its fundamentals is whether the crypto coin is purely speculative and volatile or asset-backed and stable. META 1 Coin is a gold-backed cryptocurrency with Smart Contracts that facilitate increases in value as new assets are acquired. Other crypto coins that are not backed by any assets tend to fluctuate more substantially.

The team and vision behind a crypto project is another important aspect to consider. Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, founded META 1 Coin based on a social mission to help increase abundance and freedom for Humanity. META 1 is designed to grow in value and to help free coin holders from the debt-laden, depreciation-focused life that has afflicted so many people. Buying META 1 Coin doesn’t just increase one’s potential financial value – it also helps increase value for all other coin holders in the META 1 community.

Besides fundamentals, the time horizon of the coin holder is an important factor to consider as well. Market conditions can affect the value of crypto coins like META 1 Coin, so it’s best to have a longer-term focus to minimize the impact of potential short-term fluctuations. There has been increased interest in crypto from professional day traders who earn their living from rapid buying and selling of digital currency for profit. The average coin holder is encouraged to avoid trying to time the market in favor of building a sustainable holding which can increase in value over time.

Metrics such as the ones noted above, and others are more likely to indicate long term success when buying a crypto coin than the outcome of elections.

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