JAKARTA - Various institutions predict and warn against the possibility of a recession that is expected to cut economic growth. The economic challenge is not only faced by Indonesia but also other countries.
The projection also refers to the World Economic Outlook: Countering The Cost of Living Crisis report released by the International Monetary Fund (IMF) released on Tuesday 11 October 2022. Where report data shows that the projected world economic growth this year has not changed, at 3.2 percent.
Meanwhile next year, economic growth will be cut to 2.7 percent from the previous 2.9 percent. The IMF sees the 2023 situation as the weakest growth profile since 2001, except for the COVID-19 pandemic and the global financial crisis.
As investors, we must always understand the various risk factors that can arise both in terms of macro-economics, fundamental projects or assets, and the technical state of the market. In addition, in the winter' era and the possibility of a recession like today, it is also very important for us to be more disciplined in managing finances and using structured methods such as Dollar Cost Average (DCA) which can help reduce investment risks in the long term," said Timotius Martin, Chief Marketing Officer of the DOOR in a written statement, Sunday, October 23.
It was stated in the International Monetary Fund (IMF) report that the economic growth in 2023 showed the weakest growth since 2021. Even the IMF cut economic growth in 2023 from the previous 2.9 percent down to 2.7 percent.
Still from the same report, the IMF predicts that 25 percent of global economic growth in 2023 will fall by 2 percent caused by several factors such as geopolitical conditions between Russia and Ukraine, rising inflation, to a slowdown in China's economy.
With many factors referring to the slowdown in economic growth, public concerns about the allocation of funds for investment. For crypto investors in the midst of current conditions, they can choose a safe investment but can provide promising returns by utilizing the staking and earn features that are already available in the gate application. These two features make it easy for users to be able to maximize their crypto assets by getting a 4 percent reward by buying stablecoin assets and placing them at Earn's Door, "said Timo.
Quoted from Pintu Academy, Earn Door is one of the features in the gate application that users can use to store crypto assets and obtain a number of interest from their stored assets. Earn doors offer a wide variety of advantages including interest paid hourly, flexible for top-up and asset withdrawals at any time, and guaranteed asset security.
Meanwhile, Pintu Staking reported from Pintu Academy is a Pintu feature that allows users to get various rewards by locking in their PTU's assets at Pintu. The benefits and benefits of PTU Staking include getting a Staking PTU (APR) interest of up to 12 percent per year, free withdrawal of rupiah into a bank account, free delivery of all assets to Blockchain, additional higher earn interest bonuses, extra referral commissions of up to 35 percent.
Other bonuses include free tickets to watch XXI The Premiere every month and exclusive limited edition merchandise from the door.
As investors in the midst of current conditions, of course, we can be more careful in storing and developing our assets so that we continue to grow by choosing a safe platform and offering various features that can be utilized. In addition, as investors, we also need to educate ourselves and know what investor risk profiles we want, so that it can be a provision to become a wise and responsible investor," concluded Timo.
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