Post
Topic
Board Economics
Re: I'm afraid of the crypto craze in Korea.
by
Fesatmas
on 03/04/2021, 15:31:17 UTC

Price of bitcoin on their local exchanges is getting more expensive which is actually bad for the rich people there since people can register on those exchange can make profits from those price difference. Crypto market has no borders so everyone who is having money can invest and reap their profits.


however, the amount of money invested will be the benchmark for all the benefits that will later be obtained. so in investing in crypto, when we understand all the flow of price movements, then the nominal money that is ready to spend to invest has become a benchmark that will later count the amount of profits that will be obtained.