Quote from: Velemir Sava on May 24, 2023, 03:24:30 PM

Quote from: koleusdat on May 09, 2023, 12:06:13 PM

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

I myself like Investing in gold can be a hedge against inflation, because its value tends to rise during uncertain economic times and this was also implemented by my parents first and has proven to perform well anytime and anywhere it can be sold and can also be used as collateral. For banks at this time there are lots of issues of being hit by a hyker attack and prone to collapse, especially those that are performing poorly and I take great care and always monitor so that my funds are not misplaced.

I don't prefer the two options even though gold is tradable. I will rather use my funds to buy good altcoine in the market that can give me good profits as an investor. The cryptocurrency market has different ways we can make money that is why it is a option for anyone that want to break through financial instability. We always trade coins in the market, hold, stake, mine and do other things that could give up good profits in the market than think of investing in gold where that market can be manipulated by the government. Cryptocurrency has massive opportunity for us to make money as an investor without going through government policies.