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Topic: How to protect from inflation? (Read 1124 times)

jr. member
Activity: 89
Merit: 4
November 16, 2021, 09:55:12 AM
A JOKE solution is quickly get your money and spend everything into food and eat this food you brought.

Imagine a bag full of popcorn, this bag full of popcorn has a price, now imagine magical bag that has popcorn inside it, and as you eat this popcorn new popcorn start to magically appear inside this bag. This second bag have will be more expensive.

This means that the price of a non-magical bag full of popcorn already take into the fact that this item is a consumable.

By spending all your money into food and quickly eating it, you make sure you dont lose value by your money losing value, because you throwed this money at someone else lap, and the thing you brought dont lose value because its a consumable and the price of the thing is already influenced by it.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 13, 2021, 07:32:11 PM
Inflation always creates problems for most people, this is because their income cannot increase following the rate of inflation, this is what makes us have to be active to invest so that we can overcome inflation.

That can be a solution, the only thing is that when you are in a totally inflationary ecosystem to be able to look for a share if you are going to buy them with local currency, it is something very expensive, unless you raise a lot of money and can change to a strong currency, just as the dollar or the Euro is, to be able to make such an investment, and yet there are many entrepreneurs who only get ahead when in reality they meet a need of the general population and it is very difficult because generally there are already people who are starting To cover those needs with your business, then it is possible to start with business ideas that may be a little crazy but that can give results, it is a matter of trial and error.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
November 12, 2021, 11:20:26 PM
Inflation always creates problems for most people, this is because their income cannot increase following the rate of inflation,
It's a problem that will stay forever, no one can escape the problem of inflation and that's why you have to act on your own of heding against it and defeating it.

this is what makes us have to be active to invest so that we can overcome inflation.
Yep.

The solution to solve against inflation is to invest in many investments and hold assets that will continually give you defeat inflation which will make your assets grow.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 12, 2021, 09:14:53 PM
I don't believe you can really protect yourself from inflation fully. You can try investing your money but during inflation you still have to buy things. And if you want to buy things you have to use the inflated currencies that by law you have to use. Roll Eyes

But then again, the issue comes from those currencies themselves. The government can't stop printing money Roll Eyes Thats why Bitcoin is not only deflationary but also will destroy the corrupt fiat system, taking all the unjust spending power and hidden tax thievery away from the governments.

Bitcoin is the best option available to help protect yourself from inflation. The fact that it's decentralized, makes it the perfect sound money the world has ever seen. Like it or not, Bitcoin has increased considerably in price over the years outmatching Gold in every way. You'd get more purchasing power with Bitcoin, than you'll ever do with Gold. By putting some of your money into Bitcoin, you'll be able to help secure your financial future. I wouldn't worry about inflation as long as crypto/Blockchain tech exists. Just my opinion Smiley
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 06, 2021, 11:28:38 AM
I don't believe you can really protect yourself from inflation fully. You can try investing your money but during inflation you still have to buy things. And if you want to buy things you have to use the inflated currencies that by law you have to use. Roll Eyes

But then again, the issue comes from those currencies themselves. The government can't stop printing money Roll Eyes Thats why Bitcoin is not only deflationary but also will destroy the corrupt fiat system, taking all the unjust spending power and hidden tax thievery away from the governments.

And for sure that's the thing the government will not want to happen. They will impose rules to make sure that
Bitcoin will not succeed. They don't want to lose control with the financial aspect of their government. They need
to make sure that everything will continue to be the same.

On the people's side, it's better to have both crypto and fiat, same way you do with your fiat investment, adding
bitcoin will help you to have better chances of great success.
sr. member
Activity: 1526
Merit: 255
November 06, 2021, 11:01:18 AM
Inflation always creates problems for most people, this is because their income cannot increase following the rate of inflation, this is what makes us have to be active to invest so that we can overcome inflation.
newbie
Activity: 56
Merit: 0
November 06, 2021, 02:04:15 AM
Simple solution do investment wisely and weekly🕶️
full member
Activity: 1050
Merit: 100
November 05, 2021, 10:51:08 AM
to protect from rising inflation, of course something must have an increase in value contained in it, as well as cryptocurrencies that are free of inflation, because the price increase will be higher than the inflation rate that occurs. therefore we must invest to secure our assets so as not to be consumed by rising inflation
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
November 04, 2021, 09:21:46 AM
I don't believe you can really protect yourself from inflation fully. You can try investing your money but during inflation you still have to buy things. And if you want to buy things you have to use the inflated currencies that by law you have to use. Roll Eyes

But then again, the issue comes from those currencies themselves. The government can't stop printing money Roll Eyes Thats why Bitcoin is not only deflationary but also will destroy the corrupt fiat system, taking all the unjust spending power and hidden tax thievery away from the governments.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 04, 2021, 09:07:30 AM
Depending on what your income is and where you are getting in. For example I have been getting my income from crypto for a long time and I do care about how life got super expensive but I am capable of paying it a lot better recently. Inflation got super high but my income got high as well thanks to bitcoin going up in the past 2 years. This is why I am quite happy with what I am making and I am richer even though there is a horrible inflation in my nation.

It is really not something that important as long as your income is getting bigger faster than inflation. That way you may lose 10% because you are losing a lot more money compared to what you used to pay but you are making 50% more than what you used to make. This is why I believe that crypto is the way to get out, even if you are spending fiat, you are making crypto and that is something profitable.

Of course. It's all a matter of increasing one's income in order to battle inflation in the long run. Spending less and earning more would be the wisest decision you'll ever make to help protect your financial future. As a golden rule, always invest into scarce assets like Bitcoin and Gold. Only then, you'll be able to retain your purchasing power for years on end. Inflation is something we cannot avoid, since governments print more money in order to keep the economy flowing. It's all a matter of making the right decisions at the right time in order to avoid losses in the long run. I wouldn't worry that much about inflation, since crypto is already a solution to all of our problems. Just my opinion Smiley
hero member
Activity: 1974
Merit: 534
November 01, 2021, 05:30:48 AM


Gold has not move up yet. It's not going down either around 1800USD/oz

When the FED and ECB show their hand and their dovishness, the price could sky rock to new ATH.

I noticed the same, im the past everybody said that gold is the perfect inflation protection. But is this still true today? For years now we had very low interest rates and the gold price was very high. And then the corona crisis also helped the gold price to remain. Is it really possible for gold price to keep rising with the inflation? Personally I am not trusting gold anymore and sold most of my commodity fund which holds 90% in gold and silver. It remains to be seen if the inflation will keep growing with more than 3% or stabilise again, and also which are the best assets against it. For me I try to position myself against rising inflation by lowering my cash at the bank and selling all short term investment with no real interest. Instead of buying commodities I will keep buying crypto currencies.
sr. member
Activity: 1722
Merit: 252
November 01, 2021, 04:45:25 AM
Inflation is difficult to avoid and there is no other way than to increase income, there are many things to increase income and in my opinion the best is investment, the best investment option at this time is cryptocurrencies because it has proven to be very profitable, I have proven that by investing $100 then a month can profit up to 200% with how to buy new listed coins.
legendary
Activity: 1918
Merit: 1018
October 31, 2021, 01:45:47 PM
-Gold
-Bitcoin
-Assets
-Learn skills and invest on yourself

Gold has not move up yet. It's not going down either around 1800USD/oz

When the FED and ECB show their hand and their dovishness, the price could sky rock to new ATH.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 21, 2021, 04:50:46 PM
Actually, as long as we still use fiat for daily transactions, we will definitely be affected by inflation and that is unavoidable. Therefore I agree with your explanation, we do not need to worry about the impact of inflation as long as net returns are higher than the inflation rate. Our job is actually to find ways to increase our income, be someone who really knows how to make a profit. That way we won't panic about the rising inflation rate, because our net returns also increase higher.
Depending on what your income is and where you are getting in. For example I have been getting my income from crypto for a long time and I do care about how life got super expensive but I am capable of paying it a lot better recently. Inflation got super high but my income got high as well thanks to bitcoin going up in the past 2 years. This is why I am quite happy with what I am making and I am richer even though there is a horrible inflation in my nation.

It is really not something that important as long as your income is getting bigger faster than inflation. That way you may lose 10% because you are losing a lot more money compared to what you used to pay but you are making 50% more than what you used to make. This is why I believe that crypto is the way to get out, even if you are spending fiat, you are making crypto and that is something profitable.

I've been investing in crypto since 2016, so I feel the benefits that crypto provides. Moreover, in the last two years crypto performance has
been extraordinary, my income increased quite significantly due to investment in some potential coins. This may make me less worried about
rising inflation, because the amount of my income is much greater than the increase in inflation. That's what you experience too, which is
where crypto saves your life, because crypto has already boosted your economy. That's why we really need to educate people to invest in crypto,
because crypto can be a source of income and solutions to overcome the increase in inflation that occurs every year.
For many us the inflation is not going to be such a big deal as most of our capital is in bitcoin and if you have avoided to indebt yourself then you are in a great situation to resist the inflation that is coming, unfortunately we are a minority as people have taken no precautions in order to face the crisis that is coming and many are heavily indebted, and while it is regrettable that this is the case, it is as if they never learn as this is something that happens periodically.
sr. member
Activity: 1666
Merit: 268
October 17, 2021, 05:51:31 PM
Actually, as long as we still use fiat for daily transactions, we will definitely be affected by inflation and that is unavoidable. Therefore I agree with your explanation, we do not need to worry about the impact of inflation as long as net returns are higher than the inflation rate. Our job is actually to find ways to increase our income, be someone who really knows how to make a profit. That way we won't panic about the rising inflation rate, because our net returns also increase higher.
Depending on what your income is and where you are getting in. For example I have been getting my income from crypto for a long time and I do care about how life got super expensive but I am capable of paying it a lot better recently. Inflation got super high but my income got high as well thanks to bitcoin going up in the past 2 years. This is why I am quite happy with what I am making and I am richer even though there is a horrible inflation in my nation.

It is really not something that important as long as your income is getting bigger faster than inflation. That way you may lose 10% because you are losing a lot more money compared to what you used to pay but you are making 50% more than what you used to make. This is why I believe that crypto is the way to get out, even if you are spending fiat, you are making crypto and that is something profitable.

I've been investing in crypto since 2016, so I feel the benefits that crypto provides. Moreover, in the last two years crypto performance has
been extraordinary, my income increased quite significantly due to investment in some potential coins. This may make me less worried about
rising inflation, because the amount of my income is much greater than the increase in inflation. That's what you experience too, which is
where crypto saves your life, because crypto has already boosted your economy. That's why we really need to educate people to invest in crypto,
because crypto can be a source of income and solutions to overcome the increase in inflation that occurs every year.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 16, 2021, 06:29:12 PM
All the means that have been mentioned in this article are all good for saving yourself from inflation, but the levels of what you will be gaining from it differs for each of them. From the list we have here I have only invested in gold and cryptocurrency.

The first investment I had in gold wasn’t an investment I made myself, it was a free gold that was given out to me by someone as a gift. Then As for cryptocurrency I was the one who personally chose to be investing in it, and as time goes on I discovered that cryptocurrency is a better choice for me than any other that I’ve seen so far, so most of my investments are now going into cryptocurrency and it has been a way for me to retain value.
And this is the correct way to go about this, we know that a storm is coming and it is a mistake to try to protect yourself from it once it has started, we need to do this before it does and one of the best and easiest ways in which can do this is by investing in bitcoin, however many people are not going to listen as they never believe something bad is going to happen to them, until it does, and that is when they will try to adopt bitcoin but at that point it will be too late to protect their wealth.
Investing in bitcoin is the best way i think to protect us from the rising inflation. We know bitcoin is a good way to generate profits as long as we also know what we are doing. Although there are still some people who remained to be skeptical because bitcoin is still very expensive and yet, you still have no assurance that you will gain profits in the end. But, if you know bitcoin well, you will definitely invest in it even its a high risk because you have the faith that it will give you bigger profits in time. Investing in gold is also a brilliant idea but don't expect that it will be as profitable as bitcoin because its really not. Through these, even if the inflation continues, you will no longer affected that much because the profits you will gain back is certainly much higher compared to other investments.
Bitcoin isnt a solution but it isnt also a bad decision or option for you to take when it comes on protecting yourself with inflation but always take consideration about that volatility risk which people should look upon whenever

on the time they do make out such decision but well you wouldnt know unless you do try because this had been always the case because any possible action to make would have corresponding risk.

So its a personal choice whether you do jump into this option or would stick out on what you do have in the past.
It is not a solution in the sense that even if we invest in bitcoin the inflation is going to continue to rise, however since it is not within our power to do anything about it and the ones that could do something about it like banks and governments do not want to take action then we need to do the next best thing and that is protect our capital from the inflation with hard assets, and there is little doubt in my mind that bitcoin is the best option that we have at the moment to do this.
hero member
Activity: 2926
Merit: 640
October 16, 2021, 12:59:44 PM
Actually, as long as we still use fiat for daily transactions, we will definitely be affected by inflation and that is unavoidable. Therefore I agree with your explanation, we do not need to worry about the impact of inflation as long as net returns are higher than the inflation rate. Our job is actually to find ways to increase our income, be someone who really knows how to make a profit. That way we won't panic about the rising inflation rate, because our net returns also increase higher.
Depending on what your income is and where you are getting in. For example I have been getting my income from crypto for a long time and I do care about how life got super expensive but I am capable of paying it a lot better recently. Inflation got super high but my income got high as well thanks to bitcoin going up in the past 2 years. This is why I am quite happy with what I am making and I am richer even though there is a horrible inflation in my nation.

It is really not something that important as long as your income is getting bigger faster than inflation. That way you may lose 10% because you are losing a lot more money compared to what you used to pay but you are making 50% more than what you used to make. This is why I believe that crypto is the way to get out, even if you are spending fiat, you are making crypto and that is something profitable.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
October 16, 2021, 08:49:00 AM
a bank will definitely print money according to the inflation rate in that country, so the bank will not print money excessively which can cause the inflation rate to increase. The cause of inflation is not only because too many paper money is printed, but also many other factors that cause inflation.

Well, in the case of Venezuela that premise does not exist, the more they can print money for the government to obtain liquidity, in fact inflation has been so high that they have had to remove 6 zeros because the ceuntes of numbers were too long and these were not. they fit into sales and purchase contracts.
For me, the best way to protect myself from inflation is by having strong FIAT money, such as Euro, Dollar, buying Gold, investing in Real Estate and investing in Bitcoin, for the rest due to the most extreme situation of inflation such as that of Venezuela, people already see this without solution from the point of view of traditional economy.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
October 15, 2021, 05:29:38 PM
I am afraid that what you call the Yield Curve is mostly related to fixed yield gilts such as bonds and the like. These, as of now do not protect you at all against inflation. It is much more likely that you will be loosing sometime even more since some of these have actually negative yield. There has been times in the future where that was true so the book is old?
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
October 15, 2021, 11:06:21 AM
Bitcoin provides an inflation hedge for one obvious reason: unlike fiat currencies, the supply is limited. Bitcoin is limited to a maximum of no more than 21m. Precisely because there is no central bank in the digital currency world, it is unlikely that bitcoin will lose value if it is pumped into the market like a currency. The decentralized nature of Bitcoin makes it impossible for the decisions of some of the most powerful brokers to fundamentally change the value of Bitcoin holders.

Fiat currency is always printed continuously, so that inflation seems to be unavoidable from year to year. different from bitcoin which has a limited supply, so the price always rises and inflation is avoided. If inflation in fiat is not suppressed, it will be difficult for factory workers in particular, who every year have demonstrations demanding an increase in wages.
a bank will definitely print money according to the inflation rate in that country, so the bank will not print money excessively which can cause the inflation rate to increase. The cause of inflation is not only because too many paper money is printed, but also many other factors that cause inflation.
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