Cryptocurrency
Crypto + Syfe Portfolio Update (September 2022)
By Investing Beanstock  •  October 2, 2022
Wake me up when September ends. September is also the month which we saw a further 75bps rate hike from the Fed, and of course, all time high figures in various inflation figures across the globe and one of the strongest period the USD has ever been. What does this all translate to? It’s bad news for asset rich, cash poor investors, and mostly good news if you have been sitting on the sidelines with cash, although take note inflation is a silent killer, so those cash sitting in your bank or under your bed is slowly losing value over time too. Will we reach a soft landing? Honestly no one knows. How is macro doing? Mostly bad. But the silver lining here is that crypto saw a local bottom and has yet to trend lower as most marginal sellers have already been exhausted. Does that mean the bottom is in...
Read the full article
By Investing Beanstock
Investing Beanstock incepted as a platform for me to share my knowledge on investing and personal finance. As investing is a long term process, just like planting a bean, it takes time and effort before it can grow exponentially and be rewarded like Jack (and the beanstalk).
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance