If you want to see analytics, charts, and explanations of why things go up and down on my page, let me know, and I’ll try to put something useful together for you. Note: it’s free😂
Hey guys, I’ve been away for a while—I had my reasons. I withdrew into myself after some setbacks with cryptocurrency, did a lot of thinking, and reevaluated some things. I asked myself: Why do we even need cryptocurrency? For fast transactions?
And this Friday, the U.S. employment report was released; the latest figures exceeded analysts' expectations, the economy is growing, and purchasing power is increasing.
My advice to you is to switch to the stock market; it’s harder to manipulate, the market capitalization is too large for such schemes, everything is more transparent and easier to understand, and the trading instruments actually have value because they’re part of something the
Of course, such rapid economic growth will eventually lead to inflation, and money will flow back into assets, but… most likely, people won’t be buying Bitcoin anymore 🤣. Anyway, guys, forget about cryptocurrency—it’s not clear who issued this asset.
Naturally, this led to a sell-off of stocks and a rush to buy government bonds; stock indices fell, and so did the price of gold, because those who realized that the policies of the country holding the world’s reserve currency were, at the very least,
And most importantly, the dollar is strengthening. From a rational person’s perspective, why keep money in stocks when, given this news, government bond yields are rising—though they’re trading at levels that aren’t suitable for those who hold them until maturity.