Topic: How to survive hyperinflation? - page 5. (Read 1529 times)
Everyone is talking about investing but it takes time to see the fruits of your investment whether it's in bitcoin, crypto, stocks, oil or even gold. You check and see how the people of Venezuela is dealing with it. They need a continuous source of income not from their own country but someone has to go abroad and work and earn dollars or any valuable currency that can help them cope up with the situation. Because jobs on their country are going to pay them measly equivalent to an hotdog sandwich for a month's work.
Hyper is fairly rare, its defined by 100% per month ? cant remember the exact definition but normal excess inflation is enough to fell a good economy. 30% to 100% inflation per year is dangerously high yet a far more normal occurrence in a modern economy. Those figures could describe parts of Europe at various times, UK, Argentina right now I heard has reached 3 figures. Its not so rare but also we cannot say this is hyperinflation, however its still massively damaging to various business and the economy in total.
How you survive is you avoid relying on cash value especially over night and over weekends or any closure times. The money itself becomes a great cost and burden so all businesses become inefficient especially compared to those external to that nation who have the stability. I think China some business were storing deposits of copper to exchange as value during business deals, this was outlawed by their dictatorship. In Vietnam they use gold bars during a house exchange as other prices would vary too much.
How you survive is you avoid relying on cash value especially over night and over weekends or any closure times. The money itself becomes a great cost and burden so all businesses become inefficient especially compared to those external to that nation who have the stability. I think China some business were storing deposits of copper to exchange as value during business deals, this was outlawed by their dictatorship. In Vietnam they use gold bars during a house exchange as other prices would vary too much.
To survive hyperinflation you must first reduce unnecessary spending. You should try to increase your income. If you have cash, don't keep it in a bank. Because of inflation, the value of local currency will decrease day by day. Prices of essential goods will continue to rise. So you can invest in bitcoins, never invest in altcoins. But you have to invest with risk. If you want to be risk free then you can buy gold silver or land.
u can invenst without fear on :
1-gold, silver, oil.
2-real estate .
3-crypto.
in the inflation periods 1,2 & 3 tends to rise which helps to minimise the lost or gain more
1-gold, silver, oil.
2-real estate .
3-crypto.
in the inflation periods 1,2 & 3 tends to rise which helps to minimise the lost or gain more
It is better to invest in crypto. But it is in BTC or Ethereum, not in alt coin. Because BTC is very reliable. Alt coin has no trust. Many have become kings by investing in alt coin, many have become destitute. And investing in gold will also be wise. If you have enough, you can also invest in stocks.
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
If money is not a problem then I will invest in real estate, precious metals and Bitcoin or other assets that has collectors value. I know that we have preferences depending on our capital, country we are in and what works with us but for me I'll go with future proof assets. Would you invest on crypto, stocks or household when the cash is not the king?
Keeping cash means that you will have the amount of money you save but when you invest the money, that investment will show your money growth. People who think about the future and expect a better position than the current position always feel more comfortable investing. There are enough platforms to invest money, if someone has enough knowledge about crypto then he will invest in crypto platform and if someone has idea about real business then he will invest in business platform. It is never wise to keep cash piled up. You deposit cash in the bank, but there is no guarantee that the bank will not go bankrupt. So to keep your money safe, you need to invest that money in a reliable investment platform.
The disruption of economic stability caused by hyperinflation does not have a bad impact on everyone. People who want to avoid disrupting economic stability will try to get a better life while living under hyperinflation by investing in assets that are easy to sell when they need funds. There are several investments that make the most sense to me during hyperinflation such as Bitcoin, gold and silver, I exclude investments that are difficult to obtain if financial strength is lacking such as houses and other Real Estate.
It is still possible for everyone to obtain Bitcoin, gold and silver with an unlimited amount of funds at this time so that they can still be used for their respective investments in the long term amidst these hyperinflationary conditions. However, ready-to-use land and buildings of certain types still tend to be difficult for the majority of society to obtain, except for those who are large investors with large amounts of capital, so it can be easier for them to channel their capital there. 
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Since the Corona pandemic, I have learned a lot about how to save more and have to be creative so I can have my own business, besides teaching my children about working and saving. Well, it's a valuable lesson on how to survive when a pandemic occurs, maybe this is also what I will do as a strategy for dealing with hyperinlation.Quote
Would you invest on crypto, stocks or household when the cash is not the king?
Of course the best solution to face all of this is investment. For me, the Corona Pandemic really provides a lesson for everyone in the world, the importance of having reserve funds or investing in bitcoin and real estate. and always teaches us not to be arrogant even though we already have everything, because many entrepreneurs or rich people have had some of their businesses go bankrupt because many of their assets are pledged as collateral in the bank. 
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
Would you invest on crypto, stocks or household when the cash is not the king?
The simple fact is the majority will suffer when hyper inflation starts to take over your economy, they will not have the means or even take action like getting their assets into a more reliable place that will not be damaged. If hyper inflation starts to infect your currency, after pushing up the price of goods and services, then the only solution if you have wealth is to move it out. Many governments will try to stop this exodus of wealth, as it can make the spiral worse, so you have to move early....
If you keep your money sleeping in your banks the price of it will get low because of this hyper-inflation Instead of making a sub up only with the banks with a small interest why not to take a try with the investments, only people will suffer with this hyperinflation is the people who keep earning with the small amount without any increase required given by the government and only people who get lessen affect of this are the people who are rich and good amount of cashflow with their assets doesn't mean they don't care at all because every expense getting higher but because they have another way to earn more its doesn't affect too much.
There are several investments that make the most sense to me during hyperinflation such as Bitcoin, gold and silver, I exclude investments that are difficult to obtain if financial strength is lacking such as houses and other Real Estate.
Whether we realize it or not, we are on the verge of a global recession next year. I agree that BTC, gold, silver and real estate are considered a smart strategy and would be a good defense to survive in the midst of hyperinflation if we can buy from now.
However, on the other hand, if a transaction is carried out at that moment, especially for houses and real estate, there will be a decrease in prices and liquidity due to the currency exchange rate and it may be very unstable at that time. So whatever the case, you have to look at market conditions and trends too.
Gold is a store of value, but this will not make me invest in gold.
https://bitcointalksearch.org/topic/m.63150189
It is better to invest in bitcoin.
I can invest real estate but I have little amount of money which will not make me not to do it. I prefer bitcoin.
True, Bitcoin has many advantages which makes it a common option that the average person (at least on this forum) will choose. I know gold is a store of value, but I do not feel it enough to put my money into it (I’m not even talking about ROI and all of that). Real estate too has its downside starting from the inability to invest small amount of money to the fact that it isn’t really liquid because if you wanted to sell the house, you have to start finding a buyer and all of that. The paper work stress is even a lot. Yes bitcoin has its own disadvantages too but I think it’s the best option in this case. https://bitcointalksearch.org/topic/m.63150189
It is better to invest in bitcoin.
I can invest real estate but I have little amount of money which will not make me not to do it. I prefer bitcoin.
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
Would you invest on crypto, stocks or household when the cash is not the king?
Hyperinflation is a great time to buy up very promising assets ! From gold to real estate. The fact is that in hyperinflation, the mass demand for everyday goods comes first. A person can afford not to buy new clothes, not to make repairs, etc. But - will buy food, medicines, hygiene products, etc. Taking into account that in conditions of hyperinflation, yesterday's contents of your wallet, tomorrow already useless papers, people will be forced to sell more stable and liquid assets - jewelry, equipment, and some even real estate (if prolonged hyperinflation). Yes I agree - for example real estate, in case of hyperinflation, apartments and houses will be sold for stable currencies, but still with big discounts.
Remember the phrase "Buy when everyone is selling, sell when everyone is buying ...". (c) Warren Buffett
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
Would you invest on crypto, stocks or household when the cash is not the king?
The simple fact is the majority will suffer when hyper inflation starts to take over your economy, they will not have the means or even take action like getting their assets into a more reliable place that will not be damaged. If hyper inflation starts to infect your currency, after pushing up the price of goods and services, then the only solution if you have wealth is to move it out. Many governments will try to stop this exodus of wealth, as it can make the spiral worse, so you have to move early. At a certain point, unless the root causes are addressed and fixed, the population will end up in a subsistence style economy where they can barely survive - look at what happened in Zimbabwe for a textbook case on this topic.
be felt or something that noticeable then they arent minding on doing things which are supposed to be done in the first place. People would really be just simply making those actions on the time that they would really be having those feelings but they arent really making such thing on early situation on which it is really that a common approach. When it comes into the talks about survival then it would really be just that wise that you should really be that mindful on making those steps on making yourself that better in terms of finances.
You cant really just that make yourself that relaxed just because you arent experiencing any hardship, unless if you do have already multiple income sources then it could be possible but if its not
then for sure you would really be definitely be struggling as the time been passing knowing that inflation becomes even more worst as the time passing by.
So it would be sensible on what are the things that you would really gonna do for you to be able to survive out.
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
Would you invest on crypto, stocks or household when the cash is not the king?
The simple fact is the majority will suffer when hyper inflation starts to take over your economy, they will not have the means or even take action like getting their assets into a more reliable place that will not be damaged. If hyper inflation starts to infect your currency, after pushing up the price of goods and services, then the only solution if you have wealth is to move it out. Many governments will try to stop this exodus of wealth, as it can make the spiral worse, so you have to move early. At a certain point, unless the root causes are addressed and fixed, the population will end up in a subsistence style economy where they can barely survive - look at what happened in Zimbabwe for a textbook case on this topic.
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
a good asset like house & lot , lots can be tons of money in the future specially those near into the cities its easy to sell too when its needed for some emergency money , but most of the people i know they start investing on bitcoin which is not good for me when it comes on the long term investment i would still preferred the thinking outisde the box , gold , oil , silver can good investment to survive future coz how if you invest on bitcoin and you suddenly die? theres no other way to open your account so for me the best way is house and lot.Would you invest on crypto, stocks or household when the cash is not the king?
Being able to sell immediately in emergencies is an important feature to have in investment. It is one of the factors we should pay attention to when investing. Since not everyone has the same investment preferences, a choice is made between investment instruments such as Bitcoin, gold or oil. In such cases, there are many different methods to follow, but there are also many risks. Many people prefer traditional investment methods for such reasons.
Despite all these risks, there are many ways to leave your Bitcoins to others after you. You can research these methods and apply them if they suit you. Perhaps you may want to diversify your investments. All decisions are always the investor's and these opinions are not investment advice.
You cannot safeguard yourself from hyperinflation as it is much more severe than normal inflation. Your first priority should be survival.
Don't mix what you cannot do with being impossible. We had hyperinflation and I know a few guys benefitting from it.
Once you have enough property and know the right people you are likey to see further. There are no problems, there are only solutions.
I think that cryptocurrency is the best way to invest in our world now. Your house can be destroyed by shelling, your cash can be stolen, and only cryptocurrency can not be stolen and destroyed by somebody outside.
How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
a good asset like house & lot , lots can be tons of money in the future specially those near into the cities its easy to sell too when its needed for some emergency money , but most of the people i know they start investing on bitcoin which is not good for me when it comes on the long term investment i would still preferred the thinking outisde the box , gold , oil , silver can good investment to survive future coz how if you invest on bitcoin and you suddenly die? theres no other way to open your account so for me the best way is house and lot. Would you invest on crypto, stocks or household when the cash is not the king?
The disruption of economic stability caused by hyperinflation does not have a bad impact on everyone. People who want to avoid disrupting economic stability will try to get a better life while living under hyperinflation by investing in assets that are easy to sell when they need funds. There are several investments that make the most sense to me during hyperinflation such as Bitcoin, gold and silver, I exclude investments that are difficult to obtain if financial strength is lacking such as houses and other Real Estate.
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