In my previous post (Part - 4), I had told you about third scam that happens on Web 3 internet that is of Ponzi and Pyramid Schemes, by which one becomes CEO of the company, without paying enough commission to the company lower posts usually by following two different types of pyramid schemes, that are Down-Up Approach and Up-Down Approach. This Scheme or Scam often leads to creation in business, how it is done, read in that post.
Now, let's move onto fourth scam that happens on Web 3 internet :-
4- Inflation :-
(Keep reading, I will tell you something, by which, you can manage your savings, and get unaffected by
Inflation is the process of defining increase in price of products to a height, such that the product purchasing power will be seen less in future, meaning making that product more rare to be purchased.
Usually this period is where most of the top traders in the world buy the stocks in less quantity.
Keep reading more ....
Now, I also want to add the following note about inflation,
Also, sometimes, Inflation also causes decline in price of the product, to minimum value, so it can be easily purchased, usually it happens when there seems Market Crash.
In this, period, when product values goes down, most of the top traders sell those products in high quantity, because this is the time when the value of the product is less, and customers will buy those products much more in this time.
This whole process of increasing and decreasing of the price of certain commodities available in the market is called inflation.
and ...
What, I had told about above,
Tragedy that is done by top traders is commonly known as
Dollar Cost Averaging
In recent past years, Dollar Cost Averaging technique, had proved that you can invest in your money, without spending your money.
and,
it has also worked for new investors to balance their portfolio and make themselves richer.
This thing will work according to the market portfolio at that time, if the market is up or down.
But one thing is clear, that this technique will never make you in physiological fear, of paying huge debts to the bank before deadline or fear of losing money.
This is for this post.
I will talk more in my next posts.
Thank you for reading.
Look at this my post, on How to setup Meta Mask Web 3 Wallet, if you haven't created till now, I have explained here in detail :-
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