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Relax Everybody

Relax Everybody

All Cryptocurrencies

by COINS NEWS 19 Views

Biden has just took office and is about to spend a lot of money for vaccine rollout and massive stimulus package. I know the prevailing logic around here is that will reduce dollar value and increase crypto prices but it does not work like that. Other countries rely on a strong dollar and will buy up dollars to keep it at a high level. What we are seeing is Chinese money and other countries going into dollars instead of crypto.

Once everything settles down they will invest in crypto again. Don't panic, don't sell, chill the F out. Stay well.

submitted by /u/mainevent2020
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