The epidemic has caused huge harm to the world, not only to life safety and public health, but also to a huge blow to the global economy and financial markets.
According to the IMF's latest forecast, the global economy may shrink by more than 3% in 2020, with developed countries generally experiencing negative growth, while China and India may only be able to maintain normal growth.
In the face of a disaster of this magnitude and worse than any economic crisis in history, the most common means to help struggling workers and businesses are for the government to issue treasury bonds and the central bank to print money.
The United States has launched three rounds of fiscal stimulus policies, with a total stimulus scale of more than 2.1 trillion U.S. dollars. The fourth round of 484 billion U.S. dollars of stimulus is about to be launched. These four rounds of quantitative easing will reach 2.6 trillion U.S. dollars, accounting for about 19 years of U.S. GDP.
12%.
This is an appalling figure, equivalent to a 89% discount on everyone’s wealth.
In China, the amount of water released by the central bank will only be larger than that in the United States, probably 50% higher.
If the United States releases its water, people all over the world will shoulder the responsibility.
Since the RMB has not yet fulfilled its mission as a global currency, most of China’s losses will be borne by the Chinese people.
In other words, if the United States releases water, the Chinese people will bear part of it, and if China releases water, the Chinese people will bear the majority, so wealth will be reduced or increased.
It is imperative to give up holding cash and find a safe investment channel and high-quality safe-haven assets.
Traditional safe-haven investment assets include treasury bonds, gold, funds, etc. However, this financial crisis is so fierce that traditional safe-haven assets are no longer enough to ensure that property does not depreciate.
Bitoffer analyst Lucian believes that Bitcoin ETF funds may be the best safe-haven assets at this stage.
First of all, Bitcoin is known as "digital gold", and Bitcoin exists in a decentralized blockchain, which is almost impossible to lose (unless the private key is forgotten), and is safer than gold hidden in a safe at home; secondly, Bitcoin
It is easy to carry, can be transferred for payment, and has more uses than gold.
On the one hand, it is the value storage function of digital gold, and on the other hand, it is the payment and circulation function of currency. What is even more rare is that the price of Bitcoin is seriously underestimated and will continue to rise in the future. Therefore, Bitcoin is a better safe haven investment asset than gold.
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The Bitcoin ETF fund is the best tool that can amplify Bitcoin returns.
Why do you say that?
Although contracts can also amplify Bitcoin returns, contracts are prone to liquidation. Once price volatility is high, contract liquidation will cause investors to lose all their money.
Bitcoin ETF funds are different. Through the dynamic position adjustment mechanism, ETF funds do not have the risk of liquidation, and through the continuous rise of the fund's net value, they can continue to earn income with income. The earlier you buy, the greater the income will be. The lowest
3 times, up to 17 times the income.
For example, if you buy a Bitcoin for 10,000 U.S. dollars, you will make double the profit if the spot price doubles. However, ETF funds do not have to worry about liquidation. The minimum profit is 3 times and the maximum profit is 17 times. That is to say, if the Bitcoin price doubles, the ETF fund will make 170,000 U.S. dollars.
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