Quote from: uneng on May 26, 2021, 09:46:29 PM

Quote from: DigitalFox on May 26, 2021, 07:06:46 PM

Quote from: uneng on May 26, 2021, 06:44:20 PM

From that list I'm not familiar with most investments, so I can't say how good each of them is. But from my experience I think bitcoin is the best way to protect your money against inflation nowadays and one reason for that it's because it is easily reachable for anyone and you can invest small amounts of money and still have decent chances to turn it into profit on long run, while protecting your money against inflation.
Another investments demand a lot more money if you want to turn it into a considerable profit or passive income, furthermore there is also much more bureaucracy to be fullfiled. Such inconveniences only worth if the person is going to invest a lot of money. Without any doubts for the average joe bitcoin is the best option.

If you have just a little you wouldn't care about inflation.

I think everyone should worry about inflation, even those who save little, because futurely their savings will be wasted if they don't do it in the correct way, that is avoiding fiat at all costs.

What we think is irrelevant, people still do weird things

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Quote from: DigitalFox on May 26, 2021, 07:06:46 PM

If you have more, then gold is still considered as the best investment by majority of people, especially in Asia, where it's common to buy it when you have extra cash and sell it whenever you need. Absolutely no paperwork is required. Unfortunately crypto can't take that place due to its volatility, you can only consider it as a long term investment.

Yes, if the goal is to keep the money's value on short run, gold is a good idea, because it's a pretty stable investment, so you can avoid fiat's depreciation and crypto's high volatility at same time. On the other hand, it's not possible to make much profit from this investment. On this aspect crypto is superior.

And nice to see people in Asia are educated to invest their money this way. Where I live the common sense is to just spend money until the last penny is over.

I'd take that with a grain of salt. Asians love to show off, so when someone buys gold here first they usually make sure everyone sees them wearing it but next day things change and they sell it back to use the cash. Strategic planning isn't a strong thing here either.