How to make money on US elections using the exchange
There is a certain category of traders on the stock exchange who do not trade every day, but open transactions only at the most opportune moments.
Thanks to this approach, they are able to guarantee a profit, and with the least risk of losing money. The main thing is to see the right moment and choose the right asset and direction of the transaction.
The presidential elections in the United States in the fall of 2024 are precisely one of the best moments for making money, and it would be a great shame not to make money on such a rare event.
The peculiarity of the upcoming presidential elections in the United States is that quite a lot depends on their outcome, including global economic stability.
Since the beginning of this week, the price of gold has already increased from $2,749 per troy ounce to $2,780 and is steadily going up:
Gold has always been a safe haven, and in the current situation the precious metal is in great demand. Since Monday, the volume of open transactions in gold has increased significantly, which only confirms the upward trend .
In order to make money on gold now, it is enough to open a purchase deal with one of the brokers for trading gold , and close it after the elections are over and the situation begins to stabilize.
In the most optimistic scenario, the price of gold will slow its growth after the election results are confirmed; in the event of unrest, the precious metal will continue to rise.
Another promising asset that is showing active growth today is Bitcoin. This cryptocurrency has a direct correlation with gold and is also often used to store capital in unstable markets.
The price of Bitcoin has already surpassed $72,000 per coin and has consolidated at this level.
Many investors choose Bitcoin in the hope of further growth, because according to the most optimistic forecasts, the price of the coin could rise to $100,000 by the end of 2024.
You can open a Bitcoin transaction with cryptocurrency brokers