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What does it mean “Cash is the King”?

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Indeks Mata Wang Dolar A.S. (TVC:DXY)  
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TVC:DXY   Indeks Mata Wang Dolar A.S.
Fundamental Analysis DXY nasdaq Cryptocurrency Gold Oil
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fundamental dxy nasdaq cryptocurrency gold oil
InterMarketAnalysis June 2022 could be name one of the worst months for investors, NASDAQ Composite is down -6.7%, OIL is down -3.1%, gold is down -0.85%, and cryptocurrency market is down -30% so far..! Some times you need to stay out and wait for good opportunities to come to you..!
snapshot

The DXY index on the other hand is +2.64% so far, which means USD became stronger than most asset classes!

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