Post
Topic
Board Economics
Re: How to survive hyperinflation?
by
shinratensei_
on 15/01/2024, 18:03:34 UTC
How do you strategically navigate hyperinflation to safeguard your financial well-being?

Would you invest on crypto, stocks or household when the cash is not the king?
There is a difference between saving and investing. If you want to save your money, protect your financial health without any risk, then strategically navigating hyperinflation will require a diversified approach. If you want to have complete financial stability then I would say keep USDT as a stable currency. And if you think your money is willing to grow more in the future then I would say invest in Bitcoin.
isn't keeping money in USDT when there is hyper inflation occurring just mean that we gonna lose our wealth overtime? I think what you mean is gold, or something that is "believed" to be able to fight against the hyperinflation since they are being considered as store of value.
meanwhile by keeping money in USDT you are definitely just gonna get eaten by the inflation.
with bitcoin in the other hand gonna be massive usually when such crisis occur bitcoin price magically increase maybe because people think that bitcoin is reliable to invest at such hard and difficult time.
I guess that also why big company try to accumulate bitcoin.