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/biz/ - Business & Finance

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File: 139 KB, 308x214, money-venezuela-bolivar-currency.png [View same] [iqdb] [saucenao] [google]
1649417 No.1649417 [Reply] [Original]

So Venezuela has some insane hyper inflating right now, does it make sense to by Bolivar's right now? Is there an end in sight?

>> No.1649468

>>1649417
buying currency is the dumbest thing you can do unless its for novelty reasons

please explain to me your thought process and why you think buying an unstable currency that is undergoing hyperinflation is a good idea

>> No.1649515

>>1649417

It's dead. People their savings all up in smoke.

>> No.1649543
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1649543

>>1649468
>not having a small amount of your investing capital set aside for high-risk/high-reward investments
If you still can't wrap your head around the fact that serious money could be made by trading volatile currencies, have a read about George Soros and how he made his fortune.

>> No.1649553

>>1649543

Until it gets replaced overnight by the people in power and there is no market.

>> No.1650560

>>1649543

> he didn't invest in Zimbabwe money

You'll cowards don't even smoke crack.