Post
Topic
Board Economics
Re: Inflation and protecting you wealth
by
Botnake
on 06/10/2021, 21:22:08 UTC

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?

Good, to fight inflation of course, the only investment we can do, if we invest in low-risk types such as gold or property, of course this is not safe, the best thing is to dare to take risks by investing in high-risk types such as cryptocurrencies.
Right. Investing in bitcoin can be a very good solution so we can protect our own economy from the rising inflation and definitely add more to our stored wealth. Bitcoin can be a very good source of profits and a great store of value which is totally different from fiat to which its value is being depreciated as time goes by. Anything that creates fiat investment will never be as profitable as bitcoin. Same with real estate or stocks investments can be very profitable for long term knowing its value will never go down but in upward trend. Gold might be good but traditional, and its value does not create profits as high as bitcoin.