@[Andy Sutton](user:24235), maybe you can explain something to me. Why is that whenever stocks tumble, people say it is a "correction." Why can't stocks simply be on a downtrend? Or why can't investors simply be spooked and want to cash out? Why it is that the drop is something that is apparently proper and expected?
How can a currency be "wrong" fora country? Any country can make their currency anything they want it to be. They just need to value it appropriately relative to other currencies, unless they want to force fixed currency conversation rates which some countries have been known to do.
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@[Andy Sutton](user:24235), maybe you can explain something to me. Why is that whenever stocks tumble, people say it is a "correction." Why can't stocks simply be on a downtrend? Or why can't investors simply be spooked and want to cash out? Why it is that the drop is something that is apparently proper and expected?
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There are new cryptocurrencies being creating all the time. There are literally thousands of them now. Anyone can create one.
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How can a currency be "wrong" fora country? Any country can make their currency anything they want it to be. They just need to value it appropriately relative to other currencies, unless they want to force fixed currency conversation rates which some countries have been known to do.