[New post] Inflation and Crypto-Currency

The D.E.A. ROGUE WARRIOR posted: " *** *** By Staff Reporters *** The inflation-proof nature of cryptocurrency works in the same way as stocks– inflation will cause prices to increase so companies can charge more for their goods which means people are willing to pay. Ho" The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants Inflation and Crypto-Currency The D.E.A. ROGUE WARRIOR Aug 27 *** *** By Staff Reporters *** The inflation-proof nature of cryptocurrency works in the same way as stocks– inflation will cause prices to increase so companies can charge more for their goods which means people are willing to pay. However, since cryptocurrencies are fairly new and not backed by anything at this point it's better if they make up a small portion of your portfolio instead of trying to go all in with one coin unless you have enough money lying around where losing some won't hurt too much. A lot of corporate investment portfolios have started to include crypto because let's face it, inflation matters. *** COMMENTS APPRECIATED Thank You RELATED: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283 *** Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://medicalexecutivepost.com/2022/08/27/inflation-and-crypto-currency/ Powered by WordPress.com