Well not much I can do about devaluation of the dollar... Other than park my $ in hard assets like real estate and in speculative assets such as stocks and crypto.
Dollar DXY index is down 8.83% since Trump took office.
I bet it is pushing all other assets up, unless those assets are already way overvalued even in relation to the falling currency. As they say cash is king...
Well not much I can do about devaluation of the dollar... Other than park my $ in hard assets like real estate and in speculative assets such as stocks and crypto.
Dollar DXY index is down 8.83% since Trump took office.
Yeah, I know - just wondering what kind of effects the devaluation has on the value of other assets like crypto.
I bet it is pushing all other assets up, unless those assets are already way overvalued even in relation to the falling currency. As they say cash is king...
Here is an interesting picture. This is a picture of what happened since altcoins bottomed out this year on April 8:
And here is what September looked like:
September is never a great month for crypto :)