What are good investments outside of crypto?
It is very unfortunate what is happening in venezuela. I wish the united states would forget about north korea for a second and make some attempt to re-establish stability in south america.
As things stand there is nothing I could do to help venezuelans.
Looking at venezuela's currency devaluation there could be opportunities for profit there. Shorting the bolivar. Buying bolivar when its nearer to making a recovery could both yield decent gains if someone could get the timing right.
What are good opportunities for investment outside of crypto? Is it moral to profit off of the unfortunate conditions of people in venezuela and other countries? What do ppl think about this?
Shorting the bolivar could make sense but as far as i know when the currency is almost guaranteed to fall day by day there is really nobody offering these positions which you are able to buy into easily.
Either the minimums are way too high, or the interest rates asre way too high on the short position meaning that you're likely to incur a loss. Also, the bolivar is not a freely traded currency. The official exchange rate is completely false.
Someone needs to do this p2p, for it to work. And that means you trusting a random stranger.
What are good investments outside of crypto?
It is very unfortunate what is happening in venezuela. I wish the united states would forget about north korea for a second and make some attempt to re-establish stability in south america.
As things stand there is nothing I could do to help venezuelans.
Looking at venezuela's currency devaluation there could be opportunities for profit there. Shorting the bolivar. Buying bolivar when its nearer to making a recovery could both yield decent gains if someone could get the timing right.
What are good opportunities for investment outside of crypto? Is it moral to profit off of the unfortunate conditions of people in venezuela and other countries? What do ppl think about this?
good investments outside of crypto? There's a lot, man. It all depends on the situation though. The best investment right now is probably silver because it is extremely undervalued against gold and against fiats in general.
Housing is in a bubble state in some countries but is dirt cheap in others.
Venezuela has definitely been hit hard when oil prices dropped down dramatically. And the fact that there is a dictatorshp going on over there doesn't help the situation one single bit. Oil in my opinion is a good bet right now, people say that green energy is going to take over but it's not efficient and it's expensive. Oil is going to be the primary energy source for cars for at least 20 years still, and right now it's undervalued.
Silver is a good one that i'd invest in as well. It's basically at rock bottom rn.