Quote from: FanatMonet on May 12, 2020, 11:12:44 PM

Quote from: billykannithi on May 12, 2020, 07:40:12 AM

The first thing I will do is tighten up unnecessary spending. I will narrow the investment, collect the invested amounts to minimize the outside assets. I will also store strong foreign currencies like USD, CNY for hoarding. I would also buy Bitcoin and strong coins to invest, instead of investing in forex

I would not be in your place, investing in Chinese yuan. The Bank of China can devalue it at any time, for the sake of the export potential of the state, as it has already been several times. And against the background of coronavirus, this is even more likely.

I think they understand their sketchy position themselves and bought up some crypto just in case their economy will fall apart
you can clearly see how much effort they put in crypto adoption last year