Hello I'm maa. Today, I will share an article about why you should invest in virtual money. I do not think it's going to be bad because the market has recently fallen. I hope this article on future prospects will help. @oldstone @yoon 's posts are written with reference to.

This article is a little article in column format.

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(출처 : 나무위키)

Why You Should Invest in Virtual Money

When talking about virtual money investing, the thing always mentioned is profit rate. Most articles have recently focused on bitcoin and ethereum. In the future, it is positive that it is recognized as a legal currency in the future, and it is dangerous in that it is highly volatile, and it is repeated that it is dangerous to be compared with Dutch tulip speculation. And even those who have found a bit more information about virtual coins including bitcoin, even if they find more information, "This technology is the future and the utilization is high, so the outlook is good." It is a reality that we can only give a general conclusion.

Why invest in an interest in virtual money? Before we answer this question, we need to think about why we are investing.

(출처 : 서울의 소리)

Those who think lightly about the investment think that the investment will increase the amount of my assets. In other words, an increase in the number tends to be a successful investment. But reality is different. Increasing the amount does not really increase the value of my assets. In short, if I invested $ 1 million in my property with a 3% annual interest rate on the bank and raised the principal to $ 1.03 million, but with an inflation rate of 6% per year, my assets have increased but the value has declined. . It is the investors' responsibility to think about how to prevent the decline in the value of my assets and raise them. If you make an accurate judgment to keep the value of the asset, and increase it, you will be able to step on the wealth stairs in the future.

Next, I think that stepping through the wealth stairs by keeping the value of assets is an escape from the class structure in another sense. In the 21st century, it can be said that class structure is a wonder, but what changed in the world is that the economic system has been transformed into capitalism. A small number of people can play, and the majority of people have to work to keep the world alive. Has the royal family of Egypt worked in the past? Did the European nobility work? Those who could live without work were noble and royal. Work is a part of commoners and slaves. In the 21st century, I think that this structure is maintained in the same way, not visible. With the illusion of money, which is visible but unrecognized, the nobles of this world are paying a lot of servants who work for money.

So how can you become rich? It would be ideal to be a god of this world by earning as much money as possible for a short time and long life. So retiring for $ 40,000 a year and $ 1.6 million for 40 years is neither realistic nor ideal. Andrade Kostolani is the only way to marry a rich man, succeed in a business, or invest. I think everyone knows very well that marriage and business are very, very unlikely. So how to make a successful investment is the only way to be rich.

The way to make a successful investment is simple. Buy undervalued assets and sell them when they are overvalued. Buy it cheaply and sell it at a high price. When you repeat the act, the wealth of the people who had the existing wealth flows into me. However, most people do the opposite. It is pursuing easy-to-think and safe things that are currently being overvalued, reported in the media as good every day. When Korean Oriental medicine department was booming in Korea, there were some college students who gave up Seoul National University, which is the best university in Korea, and college students who went to a university with oriental medicine, and many students went to law school when lawyers and prosecutors were praised as the best job. It is now enthusiastic that public officials are safe in the Republic of Korea. People are pursuing the benefits that are visible to the eye. We pursue safe things in front of our eyes. In order to make a true wealth move, even if it is dangerous right now, it should be able to invest farther than others.

(출처 : Politic's - Tistory)

What is now undervalued, but what can later be overvalued? I can not say for sure about this because I do not have 100% of the investment, but I think it is possible to guess what has a high probability. Subjectively, we can predict which asset will be overvalued next year by the kondratiev wave and the mid-wave Juglar’s waves, which are mid-term fluctuations in the economic cycle theory. The long-term wave, the kondratiev wave, is a wave with a period of 45 to 65 years, and the wave moves with innovation. One wave that started with the Industrial Revolution in 1780 seems to have completed the wave of 4 waves until 2010. The new innovation starting in 2010 is likely to be combined with the block chain technology developed in 2008, namely virtual currency.

Next, we can think about the 10-year cycle of Juglar’s waves. This wave, which is caused by the fluctuation of capital investment by a company, is a wave that shows that the recession also appears with a certain period. 1998 IMF crisis in Korea, 2008 global financial crisis. If we look back on the history of the economic crisis every decade, we can imagine that a new crisis can happen in 2018. What is the current Korean stock market? The KOSPI is renewing its annual report, and seems to have entered the hypercycle now. Some analysts believe the rise is likely to continue into 2018. However, if there is an event that is accompanied by an economic crisis that will undermine the uptrend of the stock market that has entered the hypercycle, there will be a surge in demand for safe assets.

(출처 : Seeking Alpha)

If so, it can be assumed that the flow of wealth will flow into safe assets such as gold, yen, and real estate. Think again about whether these are safe assets.

Gold and silver showed that Deutsche Banks manipulated prices in 2016, showing that prices did not move due to actual demand and supply, and the collapse of the gold standard system undermined the value of gold. Recently, gold is used more as an industrial material. Although it seems like scarcity is saving the price, the recent trend is that the gold price continues to decline (at the time of writing, it was in decline and now it seems to be bottom).

The yen has secured the status of security assets due to the real estate possessed by Japanese citizens abroad and the current economic structure in which Japan is a large creditor country and obligor. However, the JPY may not be as safe as the current value of the JPY is depreciating as Abe is currently printing yen, and if the price of overseas real estate declines, the value of the JPY may be undermined.

What about real estate? Real estate in the state of ritualism has been of great value for many years. As currencies are overpriced, people have begun to buy real estate with money to keep the value of their assets, and the price of real estate is constantly rising with the exponential growth of the population. As the population grows and the value of money declines constantly due to inflation, the price of real estate will remain healthy. But what happens if the population declines and the value of nominal money completely collapses? Not all countries in the world are likely to have at least a declining population in the coming decades, facing the cliffs of the population.

Next, money is constantly reducing to failure. As oil prices fall, oil-producing nations are likely to fall to their default state. In addition, countries that have failed to reform their currencies are in chaos due to inflation. In the midst of this, the choice is precious metals such as gold and silver, yen or real estate.

Finally, it is about virtual money. Is virtual currency a safe asset? Virtual currency was born to be a safe asset. Numbers can not be manipulated, vested powers can not publish them at will, and the information is available to everyone. In 2008, Nakamoto Satoshi made a bitcoin in order to prevent the US tyranny and the existing vested interests who hold the global economy from shaking the world economy, which can make the global economy shake up by the issuance of dollars. The issue of virtual currency is decreasing with time. What will happen next if the volatility diminishes and equals the nominal currency within two to three years? Where should we invest in order to experience negative movements? I can not say exactly what will happen, but I can guess what is likely. Virtual money will become a safe asset of the future.