Investing is easy; I’ve heard three little guys talking today while in my country home condominium; both were about seven years old, each holding a soccer ball and chatting about Bitcoin prices, really, that simple.
The chat goes on… Do you see bitcoin prices? You should buy bitcoin; prices are up & up, it doesn’t devalue… on and on….
Is that, or are we missing something?
Sometimes I hear investors saying that investing is easy if you just buy a fund and hope for the better.
Do you know if the market cares about what do you think?
You should know that 99% of bank managers don’t care about how you invest; they just want their commission… as simple as that.
On the other hand, your broker wants to pay the rent… so basically, if you don’t know it you are considered average…
And the average is the one that consistently pays the bills when something goes wrong, according to our society currently behavior of economics…
Then you have three little kids telling each other that they can go to the supermarket and buy food with their Bitcoin pieces… as simple as it?
What’s the value in it?
Can I just guess that anything that goes up will continue to go up just for the sake of vacuum?
We are in a difficult time for investing… growth and value keeping its rotation and protection are mainstream for more than a year now… inflation up, the value of the money down.
Can you trust the Fed? Can you trust your financial institution? Can you trust your Bitcoin bits?
More to come.
P.S.: Upgrade your plan to next year full covered.