As of May 10,
- Lumber is down 50%
- Bitcoin is down 30%
- Gold is flat
- Global debt is $281+ trillion
- Bonds yield nothing
- Gamestop and AMC went vertical
- Food costs and inflation are rising
And stocks might soon crash.
Few understand this.
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I find it funny people won't invest in an altcoin if it isn't on Binance
These are the coins I look for. Less accessibility on a project that has a promising future just means you're that much more ahead of the herd
but sure, wait until the price is 8x higher to get it
There is risk in everything. Yes, crypto may be volatile and high risk, but with saving your money in the bank you're certain to lose purchasing power due to inflation
Not investment advice
Being poor is a mentality. Give 1 bitcoin to most people and they will immediately convert it to dollars and spend on stupid things. Discipline yourself, educate yourself, learn how to save, buy and hodl bitcoin. Only then you will stop being poor.