How should we think about inflation
Today I want to share inflation and interest rates. As everyone knows, inflation is very high now. June inflation was 9.1 percent, up from 8.6 percent in May and at a four-decade high. The main reason for high inflation is that the USA adopted the "American Rescue Plan" during the COVID-19 pandemic. It included an increase in the federal minimum wage, direct checks for Americans making $75,000 or less a year, an extension of $400 federal unemployment benefits, and more money for small busines...
How should we think about inflation
Today I want to share inflation and interest rates. As everyone knows, inflation is very high now. June inflation was 9.1 percent, up from 8.6 percent in May and at a four-decade high. The main reason for high inflation is that the USA adopted the "American Rescue Plan" during the COVID-19 pandemic. It included an increase in the federal minimum wage, direct checks for Americans making $75,000 or less a year, an extension of $400 federal unemployment benefits, and more money for small busines...
Do you think crypto Futures is gambling? Why?
On this question, I would like to bring up my opinion, I don't think crypto futures are gambling. In the traditional financial market, futures are a very common derivative. In 1848, the first modern futures exchange was born in Chicago, USA, which determined the standard futures contract model, and gradually improved the margin system. Futures are now nearly 200 years history, long enough to prove they have some value. For many people, the first impression of futures is high leverage. Ye...
Do you think crypto Futures is gambling? Why?
On this question, I would like to bring up my opinion, I don't think crypto futures are gambling. In the traditional financial market, futures are a very common derivative. In 1848, the first modern futures exchange was born in Chicago, USA, which determined the standard futures contract model, and gradually improved the margin system. Futures are now nearly 200 years history, long enough to prove they have some value. For many people, the first impression of futures is high leverage. Ye...
How to catch stable chance in an unstable market?
As we all know, in the past a few weeks, the total market cap of crypto has dropped from nearly 2 trillion US dollars to nearly 1 trillion US dollars. For who has just joined the industry might be surprised, but a similar thing happened four years ago. In 2018, the price of ETH fell from $1,300 in January to around $80 in December. In such a unstable market, I think the first thing is to invest in yourself, deep dive the market trending and build capability of fundamental analysis, and do not...
How to catch stable chance in an unstable market?
As we all know, in the past a few weeks, the total market cap of crypto has dropped from nearly 2 trillion US dollars to nearly 1 trillion US dollars. For who has just joined the industry might be surprised, but a similar thing happened four years ago. In 2018, the price of ETH fell from $1,300 in January to around $80 in December. In such a unstable market, I think the first thing is to invest in yourself, deep dive the market trending and build capability of fundamental analysis, and do not...
What are the differences between Bitcoin and Ethereum
As we all know, in the past a few weeks, the total market cap of crypto has dropped from nearly 2 trillion US dollars to nearly 1 trillion US dollars. For who has just joined the industry might be surprised, but a similar thing happened four years ago. In 2018, the price of ETH fell from $1,300 in January to around $80 in December. In such a unstable market, I think the first thing is to invest in yourself, deep dive the market trending and build capability of fundamental analysis, and do not...
What are the differences between Bitcoin and Ethereum
As we all know, in the past a few weeks, the total market cap of crypto has dropped from nearly 2 trillion US dollars to nearly 1 trillion US dollars. For who has just joined the industry might be surprised, but a similar thing happened four years ago. In 2018, the price of ETH fell from $1,300 in January to around $80 in December. In such a unstable market, I think the first thing is to invest in yourself, deep dive the market trending and build capability of fundamental analysis, and do not...