Inflation and investment - page 3. | Bitcointalksearch.org

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Falconer on April 14, 2022, 12:37:27 PM

We all know that almost the entire world is currently experiencing variable inflation, and my country is no exception. Almost all goods prices have gone up, financial stability has been disrupted and most of us have had to incur additional costs to pay our bills due to rising tariffs and taxes.

At the same time I am still thinking about investing even though I am really having a hard time achieving financial stability at the moment. If previously I could save 50% of my total income for investment then for now only 25% seems difficult. If you are also experiencing this condition, then I have a few questions to answer.

Will you continue to invest even if it is only 10%-20% of your total monthly income?
How do you achieve financial stability during this inflation?

Share some of your thoughts, I think it would be good to consider especially as long as this kind of condition persists for a long time.

Taking into account that each unit of fiat that you decide to not invest keeps losing purchasing power due to the inflation tax then without a doubt it is mandatory to keep investing in a store of value even if you could only save one percent of your capital each month.

And about your second question, that depends exclusively on you, at this time we need to reduce our expenses as much as possible, and if that is not possible then taking a part-time job may be the only available choice you may have to get into a more stable financial position in the near future.

Paul Pogba

member

Activity: 1232

Merit: 12

When I was a kid or 20 years ago with $5 I could eat in a restaurant and I could take 2 ice creams, but when I back to the same restaurant with the same portion I have to pay about $30 or up more than 600% than 20 years ago, current inflation it is difficult to prevent and the thing we can do is invest.

wiss19

sr. member

Activity: 2296

Merit: 348

Yes, the level of inflation this time around did affect me. Before I usually make about 60% or 50% of my monthly income into savings and investment, and sometimes I can even go as much as 70% into savings and investment, while I keep the remaining 30% for other expenses that I would have to do for the month.

But, this time around is very difficult for me to make any savings or investment due to how costly things have gotten, a lot of things has really changed. So far I’ve narrowly made much savings, or investments, but I’ve been able to take out a little amount of money within three months for my investment. As for the end of this month, I really don’t think that I would be making any investment at all.

But, I’m also trying as much as possible to reduce the level of expenses I make, so that I would be able to get back on my feet and start things the way I used to do them before.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: 24Kt on April 19, 2022, 06:40:58 PM

If you have the desire to save money, even if your salary is small, you will achieve it. Because it means, you need to be frugal with some aspect of your life like not buying coffee outside but rather making your own. Or making your own lunch and not eating outside. You will be surprised that those little savings, at the end of the year, it is already a handful and you will tell to yourself that how come you save that money even if you have just enough? Dedication to your goals is important in achieving something in your life. If small challenge you are giving up, you won't go anywhere with your targets.

You are right but in some cases it’s totally different. There are times that things would get quite hard and you wouldn’t be able to take out any part of your monthly income for any form of savings. Things has really gotten quite expensive, especially foodstuffs that you would buy in the market, and any little money that you take off from your monthly earnings would really affect you for the month.

Just like the other time that I tried doing savings, and by the end of the month despite how hard I tried to reduce expenses, I still ended up borrowing some money to hold off myself till the month ended. So, it isn’t really that easy as some people would say it is. But it’s good that we keep on doing our best no matter what. Because investment is a really important thing that we must do.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: TheUltraElite on April 20, 2022, 09:30:40 AM

Quote from: Moneyprism on April 19, 2022, 10:45:01 PM

Of course I will continue to invest part of my income in potential sectors,,, but indeed to be able to achieve stable financial conditions today is quite difficult, due to inflation and economic uncertainty ... but even so this is a challenge for me so that in the future I will be better at managing my finances

You just to make sure you are not investing more than you can afford to lose, it is a simple but often overlooked statement. Like I said, 10% is like a ceiling for me but I can stretch it by another +5%.

Do invest in potential sectors and help their growth, you will reap their profits and get your share of sharing their burden of costs. But at the same time be diligent about what you are investing in. Do not follow blindly what others might suggest. Inflation has been there since the dawn of fiat currency but that does not mean you will not invest in fiat markets, that is being stubborn.

I do 10% as well with most stuff but not with btc and eth. Most of my investments are with them and they will be basically there for a long time. The only reason why I did more than 10% for those two is that I do not see any other project that would be as good as these two, they are basically my 100% if I wasn't following a bit more rules, they are at around 65% these days, and the rest is exactly like you said, it is 10% and less, mostly even under 5% for many projects.

It's just me, I might be doing something wrong and maybe I will be losing money because of it but those two are exceptions to my 10% rule and I could buy even more of them in the near future as well.

sayaya17

sr. member

Activity: 1638

Merit: 255

Quote from: verita1 on April 21, 2022, 05:36:02 PM

When you see the price increases in the items of goods and services that you consume in your daily life it is like an escalation, they all increase at the same time.
Yesterday I received the news that the monthly payment of my nephew's high school increased by 50%, there is also an increase in the telephone service, later I will see the increase in the funeral service because I have not yet been to their offices.
In my country last month pension payments increased and perhaps it was the reason for the commerce sector to increase in escalation.
Inflation will always be with us, seeing it this way I maintain my conviction to continue investing in bitcoin to counteract the effects of inflation.

We all cannot prevent price increases from occurring for the goods and services we use every day. Moreover, with high inflation, the burden of
our lives is getting heavier if we can't find a solution to deal with it. The way we can apply a frugal life, it will help solve the problem, but it is
not effective. The best thing is that with us investing, it will make our wealth increase in the future and it will solve our problems. But we have
to invest in the right assets, so that we can get big profits and also be able to overcome the problem of rising prices for our daily needs. In addition,
we can also face problems related to inflation that continue to occur. I think investing in Bitcoin is the best solution, we can see how Bitcoin
performs compared to other assets, if we consistently invest in Bitcoin, then we will be able to generate large profits in the future. So never delay
investing in Bitcoin, so that our future is brighter.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Falconer on April 14, 2022, 12:37:27 PM

We all know that almost the entire world is currently experiencing variable inflation, and my country is no exception. Almost all goods prices have gone up, financial stability has been disrupted and most of us have had to incur additional costs to pay our bills due to rising tariffs and taxes.

At the same time I am still thinking about investing even though I am really having a hard time achieving financial stability at the moment. If previously I could save 50% of my total income for investment then for now only 25% seems difficult. If you are also experiencing this condition, then I have a few questions to answer.

Will you continue to invest even if it is only 10%-20% of your total monthly income?
How do you achieve financial stability during this inflation?

Share some of your thoughts, I think it would be good to consider especially as long as this kind of condition persists for a long time.

The current high inflation is making our lives miserable by spending too much from our income because all the goods prices have been widely increasing. And if we do nothing about this, we will end up living in mess and suffer extreme poverty. However, if we save any amount for investment purposes, that will prevent us from suffering inflation in the future. Regardless of the amount, i think it will always be a good idea to invest particularly in crypto because as the crypto value appreciates, the returns will certainly a huge amount. Thus, increasing the probability of making us financially stable in the future.

verita1

member

Activity: 1358

Merit: 81

When you see the price increases in the items of goods and services that you consume in your daily life it is like an escalation, they all increase at the same time.
Yesterday I received the news that the monthly payment of my nephew's high school increased by 50%, there is also an increase in the telephone service, later I will see the increase in the funeral service because I have not yet been to their offices.
In my country last month pension payments increased and perhaps it was the reason for the commerce sector to increase in escalation.
Inflation will always be with us, seeing it this way I maintain my conviction to continue investing in bitcoin to counteract the effects of inflation.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: teosanru on April 15, 2022, 01:34:26 AM

Quote from: Falconer on April 14, 2022, 12:37:27 PM

We all know that almost the entire world is currently experiencing variable inflation, and my country is no exception. Almost all goods prices have gone up, financial stability has been disrupted and most of us have had to incur additional costs to pay our bills due to rising tariffs and taxes.

At the same time I am still thinking about investing even though I am really having a hard time achieving financial stability at the moment. If previously I could save 50% of my total income for investment then for now only 25% seems difficult. If you are also experiencing this condition, then I have a few questions to answer.

Will you continue to invest even if it is only 10%-20% of your total monthly income?
How do you achieve financial stability during this inflation?

Share some of your thoughts, I think it would be good to consider especially as long as this kind of condition persists for a long time.

The only way to increase financial stability in this time is by either increasing your income from the source that you are making or increase the number of income sources that you have, apart from that there is no 3rd way, i feel it's unfortunate to see how inflation has panned out in recent times and is clutching savings almost entirely. I feel no matter how much you crib about it eventually there is nothing you can do about it, you'll have to surrender youself against inflation and remain financially stable by increasing sources of income.

I guess inflation is here to stay so we can't do nothing about it but accept and defeat it through engaging ourselves into potential investments. Even if the capital is small, but as long as you have the knowledge and motivation to make it grow, then eventually your investment will boom once it succeeded. And when you are already making good profits from it, then the next goal is to be financially stable and you can only attain it if you use your profits to invest again into another potential investment, thus making yourself creating a multi sources of income.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Upgrade00 on April 14, 2022, 03:34:04 PM

Quote from: Falconer on April 14, 2022, 12:37:27 PM

Will you continue to invest even if it is only 10%-20% of your total monthly income?
How do you achieve financial stability during this inflation?

• As long as it is financially convenient to do so, Yes.
You should only invest amounts you can spare and would not be needing at that time, this value changes based on your financial situation and you should adjust your investments accordingly.
10-20% of one's monthly income is a healthy amount regardless of economies crisis. The idea is invest amounts you're comfortable with, could be 2-5%.

• You should ideally have prepared for this sort of situation before one gets into it; Saving for the rainy day.
Growing your income sources is one way to survive an inflation.

Regardless of how much you can save to invest, that won't matter as long as you only invest an amount you can afford to lose. And invest like there's no expecting to made some returns. That way, you will just let your money sleeps and forget about it, and definitely in time your money has grown eventually. There's always a good advantage if you have an investment, you will build your wealth in the future, you stay ahead of inflation, and you have higher chances to meet your future financial goals.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Well, 5% of investment from your total monthly income is already good so 10%-20% is more than enough and better. And that's the way for all of us to achieve financial freedom.
We have to keep on investing and making a lot of ways to flow income to us. Inflation cannot be beaten but you can do something to go along with it and that's having more income like from side hustles.

skarais

legendary

Activity: 2464

Merit: 2094

Quote from: Falconer on April 20, 2022, 11:25:06 AM

I don't keep fiat as savings, but I have a reserve fund in fiat that I only use on a daily basis and for urgent needs. Obviously fiat will lose its value during inflation, so fiat is not a good choice to keep at this time.

That's a good choice in my opinion and I think you've done the right thing. Besides of that, I think bitcoin which is famous for its anti-inflation assets is a good alternative for you to consider even though you can actually invest in physical assets such as gold and others.

But I think 10% of total monthly income is a viable option to invest wherever you want. I have physical assets as well as cryptocurrencies and these two assets you can also consider long term.

ajochems

hero member

Activity: 1305

Merit: 511

Entire world was facing the economic problems now.The new cases of corona also begins,don’t know what going to happen.People already suffering huge on the inflation ,the economic crisis was affected huge sections of the society.All the traders will hold for the reason.They will going to cash out.So huge reduction in the price of bitcoin,hold till the huge dump in price.

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: Falconer on April 14, 2022, 12:37:27 PM

Will you continue to invest even if it is only 10%-20% of your total monthly income?
How do you achieve financial stability during this inflation?

Share some of your thoughts, I think it would be good to consider especially as long as this kind of condition persists for a long time.

For your first question, investing has been an essential factor with regard to my daily life. It created this duty where I have to invest a certain and fixed amount of income allocated for cryptocurrencies primarily based for long-term HODLing. Though inflation has made it relatively easier/harder (depending on the circumstances) to profit, long-term HODLing would be the key in order to address this problem.

For your second question, financial stability is all about deciding if you can invest a portion of your income or not. If you can allocate a certain amount of income for your investments without having to compromise your monthly obligations, then feel free to invest. If, due to inflation, you are experiencing difficulty in profiting, then you might need to adjust your allocation to your investments.

Semar Mesem

full member

Activity: 1484

Merit: 101

Inflation will continue to occur because of the increasingly difficult supply and production costs that continue to increase, to survive inflation of course we must continue to increase income and in my opinion investment is the best solution while we continue to work.

breathlessz

member

Activity: 770

Merit: 12

Trphy.io

Quote from: Dunamisx on April 20, 2022, 10:44:52 AM

Quote from: Franctoshi on April 14, 2022, 04:13:49 PM

The pressnt inflation should not be discouraging factor and therefore be a holdback for making investment. This period seem to be a raining season to almost all investors , though the economy is tough and bitting hard on people, it's equally the best time we should invest a little percentage of our income and take advantage of some declining digital asset and other asset class that is currently plummeting in price and wait for sunny day.

The situation is out of hand beyond making an investment, making an investment is only the solution an individual can implement but what about fixing the already delapitated economy going down into recession? You need to see how the effect of the pandemic and ongoing Russia war has placed a grid lock on the world economy system, this is a global challenge and has to be fix before the whole outbreak of recession looms in and by this time every country will be affected.

The country's economic order will improve as the government only concentrates on improving the economy of its people. if there is still war and the government is thinking of itself, then the economy of such a country will sacrifice the prosperity of the people. and being a people we have to be creative to improve our personal economic life, remember that we can employ people, thus providing welfare for many people, and if the economy is strong, I don't think inflation will have much effect, because we have more than decent income

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: Falconer on April 14, 2022, 12:37:27 PM

Will you continue to invest even if it is only 10%-20% of your total monthly income?

I dont have certain percentage of my income meant to invest monthly in crypto. Usually after budgetting my salary for the expenses for a month and set aside everything for essential and for savings, the spare money left is what im investing. Its not too much but thats the amount that I can afford not minding even if I lost it.

Quote from: Falconer on April 14, 2022, 12:37:27 PM

How do you achieve financial stability during this inflation?

Aside from my real job and the sig campaign where I am in, I also have business and other sidelines (selling pre-loved clothes online and a reseller of different products). That way I can maximize my earnings and even inflation is inevitable to happen, I can still manage to somehow live without much hardship.

viananda2525

full member

Activity: 1130

Merit: 133

Quote from: Falconer on April 20, 2022, 11:25:06 AM

It's different with me, I have a family that depends on my income and I really need to be able to meet all their needs while I also need to have an investment for the future. It's hard to achieve stability because so far I've been the only source of income, but regardless of the circumstances I still have to figure out the best way to make it less problematic and I also really have to be grateful for that.

that is great responsibility for you dude but never give up about finding money , there are alot business opportunity around us as long as we continuesly move. maybe online or offline could be our place to earn money although it is not enough. splitting our income for daily needs and investment was not easy except we have huge monthly income which is come from any sources.

Quote from: Moneyprism on April 19, 2022, 10:45:01 PM

Of course I will continue to invest part of my income in potential sectors,,, but indeed to be able to achieve stable financial conditions today is quite difficult, due to inflation and economic uncertainty ... but even so this is a challenge for me so that in the future I will be better at managing my finances

try to find more income source ,and dont depend on our income source at this moment. maybe looks hard but we must try so from this income we could have some investment for our future and family.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: Darker45 on April 19, 2022, 10:24:12 PM

Yes, for as long as that 10% to 20% is extra savings. That means, it could be left dormant for years. But if that 10% to 20% is intentionally taken out from your monthly income despite belt-tightening measures simply so that you could set aside an amount for investment, I don't think I would. There's risk in investment so always invest only what you can afford to lose.

But if you have extra savings, it would always be best to invest it rather than keep it in fiat which is constantly losing value.

So far it is true that crypto prices are much lower than before where bitcoin is still losing 40% of its price since ATH. I consider bitcoin as an investment asset and very worthy to be in my portfolio in the long term, besides that I am also willing to hold several other altcoins that I think have good prospects in the long term.

I don't keep fiat as savings, but I have a reserve fund in fiat that I only use on a daily basis and for urgent needs. Obviously fiat will lose its value during inflation, so fiat is not a good choice to keep at this time.

Quote from: Darker45 on April 19, 2022, 10:24:12 PM

I don't have much problem because I am not supporting a huge family. But it is always best not to rely on a single source of income. And as always live a modest life.

It's different with me, I have a family that depends on my income and I really need to be able to meet all their needs while I also need to have an investment for the future. It's hard to achieve stability because so far I've been the only source of income, but regardless of the circumstances I still have to figure out the best way to make it less problematic and I also really have to be grateful for that.

Dunamisx

hero member

Activity: 952

Merit: 555

Quote from: Franctoshi on April 14, 2022, 04:13:49 PM

The pressnt inflation should not be discouraging factor and therefore be a holdback for making investment. This period seem to be a raining season to almost all investors , though the economy is tough and bitting hard on people, it's equally the best time we should invest a little percentage of our income and take advantage of some declining digital asset and other asset class that is currently plummeting in price and wait for sunny day.

The situation is out of hand beyond making an investment, making an investment is only the solution an individual can implement but what about fixing the already delapitated economy going down into recession? You need to see how the effect of the pandemic and ongoing Russia war has placed a grid lock on the world economy system, this is a global challenge and has to be fix before the whole outbreak of recession looms in and by this time every country will be affected.

Topic: Inflation and investment - page 3. (Read 632 times)