There is no safe place when a crisis occurs, many people think too much about Bitcoin, what we must understand is the concept of decentralization such as bitcoin of course also prone to drop when inflation occurs, it is better to save large amounts of assets in trusted commodities such as gold, Land and so on, and making cryptocurrencies is an alternative investment so that it does not make us panic when a bear market occurs.
You had me with the first line but I don’t think gold will be a very effective hedge in a major market collapse either. The good news is that I don’t think a major crash is in the cards because banks have inflation keeping their assets afloat at the moment and that may last long enough to kick the can down the road on this whole economic crash thing.