There I am now, inflation has accelerated very strongly, but at the same time the government is trying to control it by offering deposits with huge interest rates through banks. So if the population puts money at these rates, then, of course, they will not completely avoid the depreciation of their money over the year, but nevertheless they will save a very large part. But personally I do not like such methods, and I prefer to store in cryptocurrencies or dollars.
Because these methods allow you not only to preserve your capital, but also to increase it.
The only way to beat inflation is to find something that pays more than inflation. The banks would never pay more than the inflation percent there is.
keeping money in crypto is a good idea, as you said. But I also feel it matters which crypto you have. Bitcoin is the obvious first choice but you might want to invest in others as well because the market is volatile .
Previously I thought investing in Gold was good but it's clearly not a good idea. Maybe investing in the shares market can help but it's kind of gambling. Have to constantly work out what pays the most and probably there is no "single-solution-forever".
Obviously every investment option carries risks, and it is certainly difficult to make a single choice, but we still have to choose one of several options as a place to protect the value of money from inflation. Although prioritizing Bitcoin, it is not wrong to divide the amount of money you have into gold, or buy land. Its value will continue to grow although not too fast, but the initial goal of protecting the value of money can be achieved.
Many people are still misled by time deposits and the profits offered by banks. When you truly analyze it, the returns you get will never surpass the existing inflation rate. It's better to keep money in the bank solely for monthly expenses and limited emergency funds. Beyond that, investing in Bitcoin, gold, or other assets becomes a wiser choice.