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Crypto investor Charlene Woods discusses the impact of President-elect Trump on the cryptocurrency market on ‘Varney & Co.’
The self-proclaimed queen of cryptocurrency is asking President-elect Donald Trump for major policy changes that could take the industry to the moon next year.
Charlene Woods, a cryptocurrency enthusiast and real estate investor, offered a bold idea when asked by FOX Business’ Stuart Varney on Monday what she wants Trump to do in the first year of his second term.
“There are no taxes on crypto,” Woods said on “Varney & Co.” “We might want to.”
Recently, Woods decided to sell some of his stocks in what the markets recognize as the “Trump bump”.
RIPPLE IN NEW YORK APPROVED FOR STABLECOIN, ONLY TO ENTER US CRYPTO MARKET
Bitcoin inched closer to $100,000 last week, as the biggest cryptocurrency has a market value of 127% this year. In addition, the XRP token saw an increase of $ 100 billion after the election, and Trump says looking at the crypto czar who could push in simple crypto rules.
Crypto queen Charlene Woods was able to pay for her dog’s surgery and a private plane trip to Formula 1 after benefiting from the “Trump bump” of the crypto market. (FOX Business)
Although he didn’t say how much he sold, Woods said it was a “small sum” that allowed him to pay for his dog’s surgery and a private plane to the Formula 1 race in Las Vegas.
“As soon as I get that money back, I’m going to get it back because Bitcoin, Pepe (Cash), Chill Guys (Cash), Solana are all great coins, and I’m going to continue to sell these coins just to get my highest pockets, which is what we want,” Woods said.
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“We want to make money with the money we make.”
Woods, who is said to be in his 30s, recently spoke to the New York Post about celebrating his cryptocurrency and admitting that he struggled with the decision to sell or not.
“At first you’re excited; then you’re worried,” Woods told The Post. “You don’t know if you should sell or buy more. It’s a fight.”
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“I lost money in 2017 and 2020 by waiting too long; so I learned something,” he added.
The crypto queen also revealed to the Post that she has close to $500,000 in crypto earnings, and plans to buy her and her partner matching Chanel bags. If they reach $1 million, a trip to Bali or Dubai will be available.
