Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
I think you can keep your money by buying gems if you do not want to deposit into the bank or the crypto. Investing in gems can also bring you profits because price don't always stay the same.
Personally, I find that buying properties from different locations are the best way on saving your money, especially when you doubt the success of investments in general due to the fluctuation in price. Buying lands will result in acquiring property, which gives permanent ownership over the said land. No one can take it away from you and you also have the option to transform the land into an enterprise/business.
Second, I find that investing it onto banks are relatively safe, considering the collateral that they provide in the event the bank shuts down. You just have to pick which bank you would invest and you are good to go. Lastly, buying gold is also an alternative option, due to its limited quantity in the world. Its price is determined via the law of demand and supply. Unlike bitcoin, its price is not that volatile and you are safe in the event the economy crashes down in your country.