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.
Metals/commodities investment needs too much paperworks here so I have limited investment opportunity. Crypto surely comes first but the current drop has shattered my investments and I'm not willing to make any new soon. I have a good investment on stocks and bonds. Stocks too are risky and fluctuating. Bonds provides some security but they are generally long term and as the bank rate fluctuates, are mostly below the fixed deposit rates provided by the bank. The bank rates were higher a year ago and are now gradually decreasing, that's why I had placed a few fixed deposits for short terms (6 months) in order to get better rate on interest decreasing market. When they matures, I plan to put them on crypto or stocks depending on the market situation.