Firstly, guaranteeing cash deposits against FOREX depreciation does nothing to restore faith in a broken central bank. Secondly, any time a Government imposes draconian fiscal rules (banning crypto or discouraging USD), society revolts.
Check out HOW and WHY I use $FIGS as a bearish hedge to protect my portfolio against more risk-off selling. Enjoy!
This week I go into detail on exactly why SQ has sold off, and the looming catalyst that could offer >400% return on an OPTIONS vertical spread.
