Inflation & Economical Alternative Choice

in LeoFinance5 months ago

These days what has been seen over the times that economy is facing a decline due to rising inflation and people have many problems that cant be met with easy approaches.

Far too often what I saw people and specially those who are criticising the nature of crypto and how that behaves over the years of time, it got me to a stand to clear. With just a good eye can really change how we go through a steady way.

Crypto #market is not made to go just like we envision, it should go. Sometimes loss of funds in an unexpected date and the other we get so little profit if we cling to a solid policy . Its permanent and most likely stick to the basic ideals.

But what about those values that make one winner ?

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I am talking about patience. Patience to hold on for a long time, at least for a specific time, maybe 1 year, 2 years or so until the calculated #profit is earned.

Warching the national economy collapse with high #inflation rate, has made me to be more of increasing reliability to the #crypto market. At one point, the salary earned by a single job is just the same few years ago and then it gets to more difficulties when prices of commodities are getting elevated price positions.

Having $2k is not enough to lead a civic life with the costs that are more of 20%. Because at one point to cover the house rent and grocery lists are costlier and central #government is having little access to whats going on in the economic spheres.

Same as for the banks. Because no regulatory policy is one place to find out the things happening around and people like me having lose of faith on the banks or reservoirs.

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To talk about it comes the interest rates that only supports people who have packages of loans and that list goes on for the benefit collected by the #money lenders. No real balances are there and on the other hand, #crypto and the stable coins are point to take faith for most of the people.

I guess, the situation would improve or might worsen over the years, but let the situation get hold of the #monetary policy to improve. At least, I am grabbing that for my own convenience and if it persists I would have a chance of survival.

Who knows what future would still exist there for the upcoming days ??

Posted Using InLeo Alpha