Quote from: niall51 on Today at 10:36:33 AM

Quote from: chrisadler on November 14, 2023, 01:58:37 PM

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?

For me personally, so that my wealth is not affected by inflation, I will buy Bitcoin, most of my assets, buy gold too and buy valuable luxury watches because they are easy to carry everywhere, I will not save money in cash, we know fiat every year. If hyperinflation occurs, many of our assets are in the form of cash, then the value of our money will definitely decrease

If you are really that someone whose really that fond of saving up tons of cash in your bank account then you wont really be that exempted into that inflation.Whereas compared into those people who had
make use of those amounts to put up on investments or businesses for them to counter that inflation on which it do becomes even more worst year by year. If you dont have that kind of thinking
about into yourself then you would really be just that basically putting up yourself into problems considering that inflation would hits your hard if you do keep on storing up those cash.

Survival would really be just that depending on how well you do handle yourself on such condition or situation on which not all would really be mindful about their actions.
If you do miss out on taking up some actions then this is the only time that you would really be able to feel the effects.