I am glad that I don't have to hedge anything since a large chunk of my wealth is parked in Bitcoin already. I do hold a relatively small amount of gold as well, but I am not planning to add more in the coming years, unless the gold price tanks deep, but that's highly unlikely. In other words, I'm good. In most cases people will only act when it's too late already, which makes me feel sorry for them, but on the other hand it's their ignorance and unjustified trust in the regular economy making them lose out. We have been through so many economical difficulties, that people should have had a wake up call years ago already....
Also I think there's a lot of wisdom in the HODL strategy. Most of the time, the authorities will want to suppress demand for non-state-issued money.
Historically, whether a country's money is pegged against gold or the dollar, any devaluation is denied vigorously the night before, done overnight by a large enough degree to keep the currency stable, and be stable for at least a while afterwards. If you didn't own gold or dollars the night before, you lost the opportunity.
The world today is not essentially different, even if we don't live under an official gold or Bitcoin standard.