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This is just an incredible time. Pandemic. War. Inflation. But crypto will be fine. And you'll get there.

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by COINS NEWS 104 Views

At present, things look a bit "weird".

The Fed keeps hiking the interest rate to fight inflation. Their reason? Hiking rate will increase unemployment, slow down the economy, hence defeating inflation. You know, when you lose your job, you can't buy your stuffs. And when you can't buy your stuffs, they will become less and less expensive due to low demand. You get it? What a moron. This approach might have worked in the past, but not at this crisis time. So sooner rather than later, they'll admit that it didn't work and pivot or risk pushing the whole economy off cliff.

Against all odds, the US economy has recorded a strong quarter. People on the street keep saying like this is the end of the world. Seriously? I have to admit that the US is in a stronger-than-ever position, economically and politically.

Where will we go from here?

"The road ahead is uncertain, but the end is clear".

I think the bond folks already got it. US 10-year treasury note has been in free fall. Suddenly there's plenty of bargains in high-risk asset markets.

Crypto will be fine. And you'll get there. All you need to do is to look after yourself, your portfolio, and stop messing around with over-leveraging. You just can't win this way, you know?

submitted by /u/d3jok3r
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