It's no longer news that there is no merit still holding your money in Fiat currencies or depositing them in the bank for long term saving because when you are holding your money in any Fiat currencies that money is not actually appropriating rather it's losing value over time so the best thing to do is to put it into an investment that will bring return to you in value that is one of the reasons why we advise people to prioritize investing in Bitcoin which has shown to be stable and trustworthy which is capable of standing an hedge against inflation which your Fiat money cannot do.
Money should be preserved and grow your wealth but if we keep it in fiat currency for long time we loose its value. Fiay currency loses the value of money due to inflation which reducds the purchasing power of money. If we saved our money in fiat currency anything which will cost us $100 will cost after fiat curremcy around $120. Saving money in fiat currency doesnt mean we have saved it we lose its value and our wealth shrinks without realizing. We should invest our wealth in business to get more money and enahnce our assets. Wether its real estate or stocks shen we invest they give us the double and maybe loss somtimd bht its better than fiat currency. To protect out money we should move mo ey beyond fiat and maks assets by investing.
Money that sits still dies, and money that works lives. In my opinion, this saying provides a relevant picture for everyone to have proper management of their finances. Investing is the best way to protect the value of money in the long term, it even allows people to achieve financial freedom. Bitcoin, gold, and property are some of the many investment options available, you just need to choose which one is a better fit for your character.
Rich people maintain their wealth by investing, they can go through various economic situations and turmoil without worrying about becoming poor. People who realize this early and have a good understanding of choosing investment types are certainly very lucky, their children will also live prosperous lives in the future. Meanwhile, inflation is currently an enemy for every country, and many countries are struggling to overcome it.