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.
Real estate is not something that gives you that much return, I can tell you that. It does make a good return in the sense that it is not bad, it goes up, but not enough. Bitcoin is the best one, but in that situation there is volatility, like for example inflation was high when we went from 2021 to 2022, and even a bit of 2023, and yet the price of bitcoin went down during that time. But if you look at 2018 to 2021 then the price went high a lot.
So, there are situations when it goes up, and situations when it goes down, if you are willing to wait for a decade ore more than bitcoin is the best answer. However, if you are unwilling to wait then I would suggest gold would be the best one for short term, usually doesn't surprise anyone at all.