and all countries are imposing import and export trade sanctions on Russia. I personally believe that investing in currencies requires caution. Do you agree?
I believe in the opposite. There are now sanctions against Russia, the rubble has dropped more than ever so Russians are looking at secure ways to keep their money. Also swift payments have been banned so the only easy way to send and receive money is crypto. Ukraine is also using crypto for donations. Why else is Bitcoin surging right now when the economy is otherwise doing bad?
Affected by multiple factors such as the situation in Russia and Ukraine, the Russian ruble depreciated rapidly. In response to this situation, Russian investors began to transfer funds to encrypted currencies. Before the March crash, we need to be prepared to trade in both directions and hedge our risk. Profit maximization
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