![]() One rule of crypto is to never invest more than you can lose. It is still investing and it requires knowledge, patience, and the willingness to lose. I am sure some of you have heard about “crypto millionaires” and that is why some people are now buying Bitcoin and Dogecoin, hoping that they will become rich overnight. Primarily as a hedge against inflation, not just USD but all currencies, as well as a way to protect wealth and earn some profits. That picture is one of the many reasons more and more people are choosing to invest in cryptos. ![]() (Do note that commodities might go lower in the next monthsīecause people spent more on goods than services last year due to COVID). In the US, some businesses cannot find enough employees, and there is a particular meme going around that highlights the inflation going on in the US. The supply of USD continues to increase almost every day, while the demand is falling. The simplest motto from economics is “Supply and Demand”. And if you think the US dollar is not on its way out from the Global Reserve Currency, you need more lessons in mathematics and economics. ![]()
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