To play this game, you must understand the whole world, otherwise there are hundreds of ways to lose money. 🥸
Do you think that when cryptocurrencies crash and oil prices soar, buying precious metals to hedge will save you? In the end, precious metals also plummeted. Gold fell nearly 10% again in one day. 📉
The factors causing this situation are the expectations for U.S. interest rates and the strengthening of the dollar, both of which have intensified selling pressure. It's always good to learn a bit more; I find more and more strategies that can align with betting on market predictions.