LogicallyMinded on Nostr: Stability is seen as tracking inflation. Cryptos don’t do that very well as they ...
Stability is seen as tracking inflation. Cryptos don’t do that very well as they have huge variation during bull and bear market cycles which last one to three years. If you buy the top of the market you can expect to be underwater for at least two years. Cash is stable on the short-mid term but always lose value in the long term. So far the goldbacks have been rising with inflation quite nicely. Only during covid their prices became irrational.m for a little bit.
Published at
2024-05-13 08:40:36Event JSON
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