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Topic: Invest in bitcoins and save yourself from Inflation (Read 333 times)

legendary
Activity: 2380
Merit: 2369
If you want real freedom, just keep buying bitcoins.
It's not just that easy: buying bitcoin is just the first step, but people also need to understand what they are doing, and especially why, otherwise at the first dump they're going to sell everything losing money. Bitcoin also requires time and efforts to educate yourself.
hero member
Activity: 1820
Merit: 537
Investing is bitcoin in current scenario is certainly not a good way to fight inflation or hedge against inflation. Yes if you want a good long term hedge against inflation. I will say bitcoin will be one of your best option. In the future bitcoin will surely reach 100K. For a long time in the future, we see bitcoin will remain the undisputed king of crypto

This has been my hope that's why I'm embracing this bear season. The current inflation rate to be honest is hard to bear. If we won't grind and hustle hard, we will not survive. That's actually the reason why I invested with Bitcoin because I certainly believe that Bitcoin could provide us a good profit in the future which could save us from inflation. If we seek assurance in the future, I believe that Bitcoin investment would be a wise preparation.
sr. member
Activity: 1008
Merit: 366
This is the best opportunity as it is the bear market now. Buy as much as you can. Bulls will take you to the moon.
sr. member
Activity: 2254
Merit: 439
Cashback 15%
Investing is bitcoin in current scenario is certainly not a good way to fight inflation or hedge against inflation. Yes if you want a good long term hedge against inflation. I will say bitcoin will be one of your best option. In future bitcoin will surely reach 100K. For a long time in future, we see bitcoin will remain the undisputed king of crypto
I don't want to question bitcoin as I myself believe in it and the blockchain technology. But I think most cryptocurrencies will have problems after CBDC, bitcoin included. I mean its value because governments will try to ban crypto in order to promote their currency. After all, bitcoin will work even at a cost of e.g. $1000.
legendary
Activity: 1876
Merit: 1157
Investing is bitcoin in current scenario is certainly not a good way to fight inflation or hedge against inflation. Yes if you want a good long term hedge against inflation. I will say bitcoin will be one of your best option. In future bitcoin will surely reach 100K. For a long time in future, we see bitcoin will remain the undisputed king of crypto
legendary
Activity: 2744
Merit: 1512
Bitcoin is meant for that, but sounds like a too good to be true, no?

But still it is related and affected by fiat. People keep saying similar to that, as it is safe haven but people disappoints whenever something global happens such this downtrend of all assets where people expects it will remain to its stands.

Imagine you want to avoid your money get devalued by inflation that is something around 5% or so yearly then you invest (as you suggest) your money to bitcoin and then this shit happens where it dumps at almost 60%. Its like your money get affected by 12x the annual inflation increase rate.

Then people keep telling you only lost when you sell. True, but it still a lost, same like by the inflation, where your money never decreased by numbers yet it decrease its value since prices of goods increases.


If you invested in Bitcoin earlier than the last two years, you've gotten a positive ROI. Since creation, Bitcoin has well outpaced any currency in existence.

The reason Bitcoin is tied to the financial markets is because of how heavily institutional investors are involved in the crypto market. Any time the global market is on a downturn, they'll remove their funds out of all markets and buy in at a lower price. Only way to prevent these folks from making large changes in the price is for mass adoption, which hopefully will come in the future.

With fiat currency, they're designed to inflate at least 2% per year (targeted by the central banks). Does that sound reasonable?
sr. member
Activity: 1526
Merit: 412
Honestly its not as terrible as people may think it is. Bitcoin is something that may go down as well and thats bad, but comparing to how dollar gets devalued, bitcoin is just volatile,
Isn't bitcoin price volatility affected by inflation based on empirical data? The long effect of the Russia - Ukraine conflict on global inflation has exhausted all markets including crypto.

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the difference between devaluation and volatility is that bitcoin could go back up to insanely high levels at any given moment, and could crash again a few weeks later, but dollar will not gain value over time at all, it will always go down.
Does it? I don't think BTC just go up and down at an insane rate at any given time. For sure it has some unexpected movements but it is still affected by market forces outside crypto and it also has its own market cycle.

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It is %100 guaranteed and mathematically sure thing that 10 years from now dollar will be less valuable. Bitcoin on the other hand would probably be more valuable. Hence, its such an easy investment to make.
This I can agree.

 
sr. member
Activity: 771
Merit: 293
But you still use fiat currency to trade them, then what's the point?
hero member
Activity: 1974
Merit: 575
Honestly its not as terrible as people may think it is. Bitcoin is something that may go down as well and thats bad, but comparing to how dollar gets devalued, bitcoin is just volatile, the difference between devaluation and volatility is that bitcoin could go back up to insanely high levels at any given moment, and could crash again a few weeks later, but dollar will not gain value over time at all, it will always go down. It is %100 guaranteed and mathematically sure thing that 10 years from now dollar will be less valuable. Bitcoin on the other hand would probably be more valuable. Hence, its such an easy investment to make.
sr. member
Activity: 910
Merit: 290
Bitcoin is the best action to be able to invest, I wanted to know if someone here has had to decide between Bitcoin and between buying Real Estate, the purchase of real estate is a very good option for investment and it is sustainable and if a recession occurs it is a way very good to protect yourself, there is another thread that talks about bitcoin and if there is a way for it to end, where the possibility for me is nil, unless investors do not like money anymore, then this thread may connect with that, They are compatible in terms of concept.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
During all these years bitcoin was always known to be a hedge against the inflation rate in most countries, especially during the economic crisis when the food and drug prices are rising every day but the minimum wage doesn't rise like the other things, and people are getting poor because of that it. On the other hand, the only thing governments can do during this time is only print more paper money which will make things worse and can be another reason for the increaseing of the inflation rate, people should seek an investment option during this time and bitcoin is always the first option in this situation for them.

Yes, but people who are paid in highly inflationary currencies should be very careful about managing their finances. They need to find the balance between saving their time & energy (work) and clearing their monthly/yearly expenses.

For example, when Bitcoin is in a bear market and you put 500 CCY in it, and you needed that money for let's say a medical expense in 2-3 months from now and BTC dips 50% I'm sure you won't be happy.
legendary
Activity: 3164
Merit: 1213
During all these years bitcoin was always known to be a hedge against the inflation rate in most countries, especially during the economic crisis when the food and drug prices are rising every day but the minimum wage doesn't rise like the other things, and people are getting poor because of that it. On the other hand, the only thing governments can do during this time is only print more paper money which will make things worse and can be another reason for the increaseing of the inflation rate, people should seek an investment option during this time and bitcoin is always the first option in this situation for them.
Governments won't consider bitcoin as the first option, because it isn't assured that bitcoin will be on the bullish trend all the time. Look the current market situation, if bitcoin is to function against the inflation now the price could've been on the bullish trend. There is always correlation between the traditional market and the cryptomarket. When there is hard inflation and cryptomarket is bearish the scenario won't be supportive to the layman.
hero member
Activity: 1582
Merit: 722
Leading Crypto Sports Betting & Casino Platform
During all these years bitcoin was always known to be a hedge against the inflation rate in most countries, especially during the economic crisis when the food and drug prices are rising every day but the minimum wage doesn't rise like the other things, and people are getting poor because of that it. On the other hand, the only thing governments can do during this time is only print more paper money which will make things worse and can be another reason for the increaseing of the inflation rate, people should seek an investment option during this time and bitcoin is always the first option in this situation for them.
newbie
Activity: 20
Merit: 0
Because bitcoin is basically a deflationary asset, people in nations with unstable fiat currencies are utilising it more and more as a store of value to guard against hyperinflation and rising prices for basic goods and services. Cryptocurrencies, unlike fiat, can't be as easily manipulated by increased money production and interest rate changes. Most significantly, because there will never be more than 21 million bitcoins created, it is a desirable inflation-resistant store of wealth.
hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
Won't argue too much about this. You just need to be good at entering the crypto market and fix losses with some careful buying options. Enter a safe realm in Stablecoins then return to buy some Sats. You can do it repeatedly and with a predetermined holding duration. The fact that in the future Bitcoin will show the ferocity of the price you cannot forget.
Nothing to argue about, but good to start a discussion to get a proper understanding. It's just about how one seizes the opportunity, if they realize bitcoin is a potential asset that can bring them profit then they should invest it for money they can afford to lose.
This is actually something simple that if we look closely it is always repeated and what to do when something like this happens is to just wait and do it as you usually do by waiting, making lots of loopholes in all situations and buying if you still have money to spare.
But many people are always busy, especially new people, who sometimes panic and make noise like it's over.
Although panic is quite natural, but now with so much information, should we panic?
hero member
Activity: 2590
Merit: 644
~snip~
Bitcoin has no inflation and no government can make you slaves by printing excessive notes and manipulating the paper currency to benefit the elite and those in power.
If you want real freedom, just keep buying bitcoins.
^ I dont want to argue this because I know we also have an obligation to pay taxes to our government to have progress in our country which depend on the tax. Look at the US, they are very strict on paying taxes and they become now a well-developed country. BTC is just an option between the fiat, not a choice. The fact that people now care about the value of BTC in the long run, is the reason they store value on it.
BTC now is just like an asset, invest while it is very cheap or while the price was dumped and sell if the price will pump.
hero member
Activity: 2884
Merit: 620
It still needed to be understood by the investor that bitcoin is a deflationary asset but still have to go through a certain market correction. This might be misunderstood by the others and think bitcoin is exempted from any corrections.

Well, we've just seen that it's going through a bear market and that's a good time for anyone to buy it while believing that it's going to hit big in the future.

If someone is thinking about beating the inflation, he really should invest into assets that can beat it and also grows overtime.
legendary
Activity: 2604
Merit: 2353


Bitcoin has no inflation and no government can make you slaves by printing excessive notes and manipulating the paper currency to benefit the elite and those in power.
If you want real freedom, just keep buying bitcoins.
I'm sorry but I don't understand in which way inflation and wages are related to BTC. Are you eager to get your wage paid in Bitcoins? How many people around you are ready for that? Bitcoin is a high volatile asset, not everyone could afford to be paid with it unfortunately. I'm sad to say that but gold and several commodities are currently better hedges against inflation.
staff
Activity: 3248
Merit: 4110
I agree that inflation is a hidden tax and all that, but some things should be noted here.
1. Wages normally do grow to be adjusted for inflation.
Wages do grow, but usually it's inflation that increases first, meaning that you're pretty much earning what you were earning before, i.e you aren't benefiting from it, but for the brief moment that your wage doesn't increase in relation to inflation, you end up losing money.

It's a hidden tax, I don't know if that was the intention of the money system when it was first thought out, but it most definitely is one of the biggest glaring issues of the current implementation of our money system. 
hero member
Activity: 2100
Merit: 618
I don't know which country are you talking about because as far as I know in my country, inflation has been there since past many years and so has been the wage increment as well. I am sure the rate of increment would have been slightly lower in developed economies however I don't think there would be any country where people aren't getting increments annually. Talking about inflation as a problem even deflation can be an equally big challenge if you study properly about deflationary spiral.
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