Post
Topic
Board Economics
Merits 1 from 1 user
Re: Inflation and protecting you wealth
by
traderethereum
on 24/09/2021, 06:59:35 UTC
⭐ Merited by paxmao (1)
I recently listened to a discussion on which assets could actually be better to protect or even profit from inflation. This comes as most of the developed world is suffering the consequences of a soaring inflation and several pinch points in the supply chains and the international trade, such as a massive demand for freighters and severe queueing in ports.

How would you defend yourself from inflation:
- Buy bitcoin
- Buy more commodities.
- Buy REITs or real state.
- Buy stocks of listed companies.
- Buy art.
- ... any other?
Many people invest in gold or other value-preserving assets, especially gold. As an asset with a long history, most people choose gold as a value-preserving asset. However, the fluctuation of gold is small, so the income is low. In order to avoid the impact of inflation, You can choose these assets to invest.
That is because people already know gold as the best investment from a long time ago.
But the era already changes and with crypto involved in people's lives, that will give them more opportunity to grow their investment asset and not just hold their asset but also have to profit from crypto.
So every investment will get the impact of inflation, but crypto will have a chance to grow higher in the future, depend on what coin we select.
I wish people out there would realize how crypto can give them a better investment besides gold to make a profit in the future.