Bitcoin Investment against inflation

[tomos81]

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Good point, valued @ $12,000 that was before inflation started to bite. The Bitcoin
market value hasnt been at $12k since October/November 2019.

Anyway it was a good move for sure, the owner could maybe forsee the virus which
was largely confined to China becoming a pandemic. In the end and currently Bitcoin
as we know has become a hedge against inflation which currently is at a 20 or 30 year high.

Among other coins that exist is Bitcoin Cryptocurrency is life force. Because last six months ago the price of Bitcoin had a huge upswing but since then its price has come down to between 20 and 25 thousand. But Bitcoin is mine You will not get a lower price than this. So I think Bitcoin will go back to previous levels after increasing in value in the future.

[1715390108]

1715390108

[yohananaomi]

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Among other coins that exist is Bitcoin Cryptocurrency is life force. Because last six months ago the price of Bitcoin had a huge upswing but since then its price has come down to between 20 and 25 thousand. But Bitcoin is mine You will not get a lower price than this. So I think Bitcoin will go back to previous levels after increasing in value in the future.

maybe last year bitcoin has reached ATH $68,789.63 in November and after that it looks like the economic crisis is also affecting the movement that occurs with bitcoin. so right now the price is right for what you say, but this is the right time to keep buying and holding on to it.

it is clear that bitcoin if we save it is an asset that clearly gives us an attractive investment and it is true that bitcoin is definitely an investment to fight inflation that occurs.
when the bull market occurs then what we have done by saving becomes a profitable investment.

so this is an opportunity worth continuing for those who want to profit when bitcoin reaches its renewable ATH price.

[P2PECS]

Unfortunately now that inflation is not at its best Bitcoin still is following stock market and SPX chart closely, but I'm hoping for a decoupling from stock market at some point.

If you zoom out you'll see that it's decoupled.

it is clear that bitcoin if we save it is an asset that clearly gives us an attractive investment and it is true that bitcoin is definitely an investment to fight inflation that occurs.

It is more than that. You probably consider it an investment, but it is also a medium of exchange, or a currency if you prefer. Acquiring Bitcoin to fight inflation is not a bad idea, but it is better to do so because it does not depend on a centralized entity to transfer money or wealth that can censor you, and because it has a finite production, as opposed to the potentially infinite production of the currencies we use on a daily basis.

[Uruhara]

Glad to hear that bitcoin has proven to be very useful even in times of inflation. because it can be used as an alternative as a protector for the value of assets. so that it does not go down due to the decline in the value of a country's currency.
The steps of the restaurant owner should be an inspiration for us.

[Republikcoin.com]

It is more than that. You probably consider it an investment, but it is also a medium of exchange, or a currency if you prefer. Acquiring Bitcoin to fight inflation is not a bad idea, but it is better to do so because it does not depend on a centralized entity to transfer money or wealth that can censor you, and because it has a finite production, as opposed to the potentially infinite production of the currencies we use on a daily basis.

To be used as a medium of exchange, Bitcoin is still a bit limited because it can only be used in a few countries, which means that not all countries can use Bitcoin as a medium of exchange, although it can still be used as an investment tool and commodity asset. And given its very limited production, Bitcoin is clearly a very suitable investment asset in the long term with the hope of increasing its value in the future.

[spiker777]

not just that resturent owner but everyone who invested and holded bitcoin back then is in huge profit. but that's an inspiring story to be shared with new people want to come in bitcoin but are afraid to do so for some reasons.

Well, unfortunately that did not last long.

Bitcoin now more than anything else is following US/China stock market almost candle by candle.

Actually this strong correlation between Bitcoin and stock market started in the first few months after Covid hit, around March 2020 when a big dump and fast recovery pump took place across both US stocks and Bitcoin which then brought us the bull market.

Unfortunately now that inflation is not at its best Bitcoin still is following stock market and SPX chart closely, but I'm hoping for a decoupling from stock market at some point.

yeah bitcoin is also hit hard but it is still better than stock and fiat.

[MinoRaiola]

The story behind the restaurant owner is nice, I hope they currently have no losses. The prices drops very much and inflation is high. I have a german source here and inflation in europe is not pretty. Source: eurostat / euroindikatoren. Maybe they started early and have good profits. If they are 100% hodler, then they need enough time.

[Franctoshi]

A London restaurant owner has revealed his story of Bitcoin investment that saved his business from the economic impact out of the pandemic. Restaurant named Tahini has moved its balance sheet to bitcoin once after the decline in the sales. It has got only three branches around. Hamam, the owner mentioned the restaurant's bitcoin investment have spiked to 300% and has served as a hedge against the inflation. The restaurant doesn't accept cryptocurrency, but it continues to invest the fiat on bitcoin.
Now to encourage cryptocurrency investment he have installed bitcoin ATM on all his restaurant branches.

This Is very nice, One major problem that a lot of people have got with embracing Bitcoin as a hedge to inflation is the short term view of this asset class. I even read some articles online recently as Bitcoin drops to $17.5k, which says "Bitcoin has failed its inflation hedge test" during this high inflation and Economic collapse around the world and with the short term pull back of Bitcoin.
And this in my opinion are people that has short term brains/view about Bitcoin without zooming out and stomaching the volatility of Bitcoin to see how it has performed in the long term when compared to fiat and other asset. Until when people start realizing this fact that Bitcoin is not for the short term minded people / investors that is only when they could start profiting like this man that invested his profits into Bitcoin and look at what has happened to his investment as at the moment.

[samuraijin]

It's better to invest bitcoin than altcoins, even those that still have great value are still held by bitcoin, I also keep some of my bitcoins, even though inflation makes all stocks fall, especially the growth of cryptocurrencies, almost all markets experience a decline in price, at least I invest in assets that really worth it..

[jostorres]

maybe last year bitcoin has reached ATH $68,789.63 in November and after that it looks like the economic crisis is also affecting the movement that occurs with bitcoin. so right now the price is right for what you say, but this is the right time to keep buying and holding on to it.

it is clear that bitcoin if we save it is an asset that clearly gives us an attractive investment and it is true that bitcoin is definitely an investment to fight inflation that occurs.
when the bull market occurs then what we have done by saving becomes a profitable investment.

so this is an opportunity worth continuing for those who want to profit when bitcoin reaches its renewable ATH price.

It was the bear that occurs first and then we have experienced different crises which affected the price of bitcoin. As of now the bear is still here so yes this was still a good time for buying and hodling. Many are saying that the price will fall hard in the upcoming days. You can also try and wait for that, if you want to maximize the potential of your money/capital.

Bitcoin can fight inflation but I think not all times because there are times where its value can also dip hard like what we are experiencing this year. Sometimes skills are also needed like you will need to pull out your profit or convert some of it in the form of a stable coin.

[uneng]

The restaurant owner was lucky, because on short run no one could have assured him bitcoin was going to be useful against inflation. For many investors that trick hasn't been working since the beginning of the bearish market, as bitcoin doesn't stop losing value, although this situation is very likely to change in some years. Then we are going to see all its potential against inflation, but meanwhile patience is needed and a lot of fear, doubt and uncertain may appear during the process due to the temporary crashes impacting our investments just like at this moment.

[Cryptmuster]

The restaurant owner was lucky, because on short run no one could have assured him bitcoin was going to be useful against inflation. For many investors that trick hasn't been working since the beginning of the bearish market, as bitcoin doesn't stop losing value, although this situation is very likely to change in some years. Then we are going to see all its potential against inflation, but meanwhile patience is needed and a lot of fear, doubt and uncertain may appear during the process due to the temporary crashes impacting our investments just like at this moment.

Every time there is a bear market, people think that this time it is definitely the end and there will be no more growth, but this is a big delusion. Every time bitcoin falls, it holds a big price, and in a few years it will be an even bigger price, and now they getting frustrated and weak hands are starting to sell. It’s hard to say now that bitcoin is saving from inflation on bear market, but you need to see the whole picture in order to understand that this will work in the future.

[xSkylarx]

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It's really true that bitcoin is a good investment against inflation but we should also consider the market condition before buying it because it is a very volatile asset. Good thing he invested at the right timing that he was able to earn 300% profit. If he invested last year during bull season, I can't imagine his frustration now if he bought above $30k price.

[boyptc]

Glad to hear that bitcoin has proven to be very useful even in times of inflation. because it can be used as an alternative as a protector for the value of assets. so that it does not go down due to the decline in the value of a country's currency.
The steps of the restaurant owner should be an inspiration for us.

It is a hedge against inflation and many still argue from that description. It doesn't matter whether they keep on arguing about its character as a way to defeat inflation by being someone's asset.

They've got a valid argument because it also declines but they only look at that point but doesn't look at the long term that it projects. Take it the example from the past years like 2012 to let's just say on 2018 which was the hardest bear market that I've seen being in here.