Post
Topic
Board Economics
Re: Investments outside crypto
by
jc89
on 03/08/2017, 10:36:40 UTC
What are good investments outside of crypto?

It is very unfortunate what is happening in venezuela. I wish the united states would forget about north korea for a second and make some attempt to re-establish stability in south america.

As things stand there is nothing I could do to help venezuelans.

Looking at venezuela's currency devaluation there could be opportunities for profit there. Shorting the bolivar. Buying bolivar when its nearer to making a recovery could both yield decent gains if someone could get the timing right.

What are good opportunities for investment outside of crypto? Is it moral to profit off of the unfortunate conditions of people in venezuela and other countries? What do ppl think about this?

In that state of venezuela, I can't think of any good investment other that bitcoin. I suggest that you just continue earning and trading in btc for the meantime. And I agree that you should not take advantage of the unfortunate state of other people and I salute you for thinking of it first. The thing is, you can help them instead. Why not teach them about bitcoin? You may not profit any cash from it but the satisfaction and happiness inside is priceless and they will thank you for it and when time comes that you need help they won't think twice. Like they always say, you reap what you sow.