Post
Topic
Board Economics
Re: Investments outside crypto
by
Rahar02
on 03/08/2017, 14:09:00 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?

There are a lot of good investment outside of crypto, but I don't really get it about > US - Venezuela crisis - currency devaluation and opportunity to buy Bolivar?
Since we're on crypto forum here, and many people looking for opportunities to invest in crypto because the value of bitcoin keep increasing compare to fiat currency. So, it will make sense to invest on bitcoin instead of buy Bolivar, lucky to them who have invested on bitcoin since a long time ago, because they could convert into Bolivar and get more of it. We don't know yet, when Venezuela would rise up from this adversity, buy Bolivar could be so risky at this moment.