Post
Topic
Board Economics
Re: How Do You Store Value to Offset Inflation?
by
Abiky
on 28/05/2024, 12:04:14 UTC
Hi everyone,

I've been thinking a lot about how to effectively store value, especially in ways that can offset the effects of inflation. With the rising concerns over inflation and the potential devaluation of traditional currencies, I'm curious about the strategies that others in this community are using.

Personally, I've been exploring a few options, including:

Cryptocurrencies、Precious Metals、Real Estate、Stocks and Bond、Commodities。
What about you? How are you managing your investments to combat inflation? Do you think Bitcoin and other cryptocurrencies are effective in this regard? I'd love to hear your thoughts and any strategies that have worked for you.

In my opinion, you're better off holding both crypto (particularly Bitcoin) and precious metals (especially Gold) than anything else. I don't trust stocks and bonds because they're heavily-affected by central banks' decisions. Besides, you don't actually own anything since your holdings are managed by a custodian. If you don't physically hold it, you don't own it.

Invest a portion of your money into BTC and Gold each week, and you'll be good to go. I've heard Silver is a good option, especially when it's undervalued. Gold went sky-high because of the on-going wars, with Silver experiencing small gains. But if it "explodes", the returns will be huge. I'm hoping it will go to $50 an ounce soon. Just remember to never invest what you can't afford to lose, and there should be nothing to worry about. Wink