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?
With the rise of inflation in my country, I would rather invest in crypto than any of the above listed by you. In this period, although I haven’t invested in any other assets asides from crypto and I have gained and not too affected by the inflation because of how the value of my assets in crypto is rising against my country’s currency. This has only given me the opportunity to still get the same quantity of goods with the percentage of my income reserved for that purpose every time I want to buy but it hasn’t really helped me become richer than I was before. I love saving in crypto (stable coins) than in fiat because of the depreciation of the fiat currency in respect to the stable currencies.