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Honestly, anyone who is not yet a part of Crypto at this time is missing out on a lifetime of opportunities. It is very clear how Crypto can solve many of the current problems in our world. All fiat money loses value at a faster rate, in addition to what was predicted. We recall that forecasts were already causing inflation. The Turkish lira, for example, lost 50% against the dollar in a very short period of time. Bitcoin was hitting hard in Turkey, as Turkish citizens rushed to try to save their money by acquiring Bitcoin.

Disaster Prevention Planning

There is a lesson we can learn from the people of Turkey. Lira has long been depressed, this is nothing new. If instead they prepared what was obvious along the way, they could have fenced off somewhat. However, most woke up when it was too late. Apparently there were those who started moving money stored in Bitcoin, eventually finding refuge before the 50% collapse against the dollar. They also continued to make additional profits as many made a quick delay in Bitcoin and later pushed it to a new all-time high.

Wrapping against Weakness

Waiting for your expectations to be fulfilled before you act on them is certainly not the wise course. What many fail to realize is that although the dollar is losing value at a rapid pace, some fiat currencies are still falling into the dollar. If the dollar loses its space and your country currency weakens against the dollar, how weak is your currency? The motto commonly used by Bitcoiners is "all fiat goes to zero". This is actually the building block of any fiat currency and yet it sounds like a certain group, in this case, Bitcoiners, the leading ones.

The Truth Is Looking at You Into your Face

So, where are we now about the dollar? Since its inception, the dollar has lost 98 percent of its purchasing power, never showing any signs of volatility. Just one long discard extended over the decades. Comparing the discarded altcoin graph without the use case will reveal a few similarities. No future is wrapped up in any fiat currency. The reason it is so neglected is because it is usually used within a few days and is available to consumers around the world who are in short supply. In addition, it is a "slow leak", similar to what you might experience in your car.

You can drive around all day and everything goes well. However, within a few days, he encounters a flat tire in the morning. Similarly, you can save years and years to find that what you have saved now cannot buy anything of value. This is a "fiat effect", even in countries where money is considered strong.

Inflationary Inherited Inheritance

This is why even a savings investor should have little exposure to Bitcoin. The chances of that small assignment growing significantly over the next five to ten years are very high. BTC is actually a long-term investment, which basically means that short-term volatility is just a rumor. In my opinion, if after 5 years Bitcoin has not produced a profit, definitely, throw it in your portfolio. However, this has never happened before and in my opinion, it is almost impossible.

A little too late

Even though the Turkish people did what many would consider the best option, it was too late. Doing the right thing at the wrong moment is the same as doing the wrong thing! For the simple reason that it is no longer profitable. Wise ones learn from the mistakes of others, and later they protect themselves from the consequences of bad decisions. This is done by extracting wisdom at one time, one paying a price to disclose.

Let us all take note of what is happening in Turkey and in many other parts of the world. Anything we can learn is good for us, as long as we act in harmony with it. Thanks for passing we will see you next time!

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