Bitcoin can save you against inflation if you invest in & hold it some years

[MusaMohamed]

Price of a house in the USA, I don't know how accurate this graphic is.

The USA. national debt is $34T today and it was only about $10T in 2023. The national debt increases 300% within one year, it's amazing 'success' from government and central bank in the country. It won't stop there because the debt ceiling will be raised again next year.
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
https://www.pgpf.org/national-debt-clock

You can try to save your money from your jobs in bitcoins and prepare for your wealth and retirement earlier than if you work days by days without bitcoin in your savings and investment portfolio.

[CODE200]

Not every have that kind of money so even if you want us to hodl bitcoin, it would probably take many of us a long time before we can see our bitcoin going up in price and by then, the price of a house and lot would be at such an astounding levels that it's probably not worth it to buy anymore and just continuing hodling. I can see why it's a good scale too, it just shows what would happen when you invest in bitcoin and you accumulate and hodl for the long-term, it's just that profitable to have bitcoin in your possession that it would be stupid not to buy now even when you're at a loss temporarily which always happens when you're invested in bitcoin, it's a volatile market after all.

[LoyceV]

Price of a house in the USA, I don't know how accurate this graphic is.

The housing price is correct, based on the House Price Index. But don't make the mistake of thinking you can extrapolate historic data with certainty: Bitcoin's price development wasn't certain in 2016, and it's not certain now.

[_act_]

Not every have that kind of money so even if you want us to hodl bitcoin, it would probably take many of us a long time before we can see our bitcoin going up in price and by then, the price of a house and lot would be at such an astounding levels that it's probably not worth it to buy anymore and just continuing hodling.

This is not about having the amount of money that can buy a house and use it to buy bitcoin. House is just used as an example in the OP just to let us know that bitcoin is an asset that can be used to hedge against inflation. It can be used instead of saving dollar or fiat in your bank account, you can buy bitcoin instead and hold it. According to the image in the OP, he is comparing bitcoin and fiat, that fiat is an inflationary asset.

[Hewlet]

Your analysis would have sent a better message if you had reduce the value you're using in making your comparison between investing in Bitcoin and going into real estate investment. On a more practical bases, most of us here might not even be able to accumulate up to 3BTC after we've invested for years and seeing analysis as this, it's going to be very deficult to relate with it to be honest.

But that being said, real estate isn't a bad investment choice just like the way Bitcoin isn't, each of the investment choice has her merit and demerits and the decision to invest into Bitcoin or real estate investment most cases is controlled by which of the option one is exposed to and can work well for you based on your level of knowledge and want you want to push your funds into. The main advantage I see that Bitcoin has over real estate is that with Bitcoin investments, you get to invest bit by but and overtime you get a groose investment that's good but when it comes to real estate, it's not possible to invest $30 at regular intervals and expect that it will work well for you. In most cases, the initial capital you need to get land and make payment for all the legal stuff is much more than what you will even need to do a six months DCA that will even pay you well in the long run. We can just say that Bitcoin allows but the rich, the poor and the average person to invest into it and still make good profit out of his investment while real estate on the other hand favours mostly the rich.

[bluebit25]

And the truth is that bitcoin is also considered an investment choice, it does not always receive the trust and support of everyone.

Before inflation, we also know many options, but for those who do not have access to financial economic knowledge, they will not bother much.

But I agree that accumulating bitcoins (at least for now) is more profitable than any other asset, but they still have risks that we don't want to talk about. Anyway, in terms of life, we all want the best, whether we choose bitcoin or not, each person should be responsible for their own behavior in life. In the spirit of supporting bitcoin, I encourage everyone to learn about it and then be able to decide for themselves.

[Zlantann]

Not every have that kind of money so even if you want us to hodl bitcoin, it would probably take many of us a long time before we can see our bitcoin going up in price and by then, the price of a house and lot would be at such an astounding levels that it's probably not worth it to buy anymore and just continuing hodling.

You can hodled based on your financial level or strength. The advantage of Bitcoin is that you can buy with any amount you have over a long period. Many people who don't have bulk money to buy can use DCA to accumulate. Also OP just used the US as an example, houses are much cheaper in my country. With less than $15k one can own a good house in my location.

This is not about having the amount of money that can buy a house and use it to buy bitcoin. House is just used as an example in the OP just to let us know that bitcoin is an asset that can be used to hedge against inflation. It can be used instead of saving dollar or fiat in your bank account, you can buy bitcoin instead and hold it. According to the image in the OP, he is comparing bitcoin and fiat, that fiat is an inflationary asset.

You just spoke my mind @_act_. The worst victims of this inflation are people who keep their money in fixed deposits or savings accounts for many years. In a few years, inflation will make the money worthless. It will be even better to invest in a house than keeping money in banks. But I agree that Bitcoin is a better hedge against inflation but we should also take note that nothing is certain.

[Kristiyana]

Not every have that kind of money so even if you want us to hodl bitcoin, it would probably take many of us a long time before we can see our bitcoin going up in price and by then, the price of a house and lot would be at such an astounding levels that it's probably not worth it to buy anymore and just continuing hodling.

This is not about having the amount of money that can buy a house and use it to buy bitcoin. House is just used as an example in the OP just to let us know that bitcoin is an asset that can be used to hedge against inflation. It can be used instead of saving dollar or fiat in your bank account, you can buy bitcoin instead and hold it. According to the image in the OP, he is comparing bitcoin and fiat, that fiat is an inflationary asset.

Well said instead of saving our money in fiat or bank account more especially those who are planning to buy a house, is very good to Invest it in bitcoin instead of saving it in the bank, because as time goes on that's how it keep increasing. but for bank instead of your  money to increase it will still reduce, sometimes due to the charges that bank normal takes, even if you don't have a decent job that is paying well you can still use DCA method before you know you have accumulated a lot.

[Alone055]

It's just a possibility, no one knows the future and what it may behold, and we speculate based on the occurrences from the past. Though we know it has the potential, what if Bitcoin doesn't gain much value in the next decade? I mean, it's possible, that there might be a lot of uncertainty and instead of extreme adoption, we may see lows and highs which will keep the price fluctuation within a certain range.

So even though it can be a good thing to save money in Bitcoin, one should be moderate when they are doing this and should only save what they think is what they can afford to see losing value in case that happens because you can't expect only upside movement when an asset has a volatile value.

There is nothing wrong with having expectations, but the expectations should be backed with practical thoughts and no imaginations.

[Plaguedeath]

And make sure people who want to start DCA-ing Bitcoin should invest in the right place i.e. non custodial wallet.

Most people use centralized exchange as a place to hold their coins because they think it's safe and cheaper, but if one day the exchange went bankrupt and they can't withdraw their money, they will lost all of their hard earned money.

[_act_]

The housing price is correct, based on the House Price Index. But don't make the mistake of thinking you can extrapolate historic data with certainty: Bitcoin's price development wasn't certain in 2016, and it's not certain now.

What you mean in short is that bitcoin is a speculative asset. I found that to be true but that is how life is because people are speculating on a lot of things including gold. With how the world is right now as they have embarrassed bitcoin, the price by the next 10 years is going to increase and another of this kind of posts might be posted at that time if this forum is still existing by then.

And make sure people who want to start DCA-ing Bitcoin should invest in the right place i.e. non custodial wallet.

Most people use centralized exchange as a place to hold their coins because they think it's safe and cheaper, but if one day the exchange went bankrupt and they can't withdraw their money, they will lost all of their hard earned money.

High bitcoin withdrawal fee on the exchanges is a disadvantage. Lightning network for small amount is good while normal cold wallet for the huge amount is good.

[Assface16678]

Its true that bitcoin will help a lot of people if they will just explore, learn from it, and invest in it, but the word you chose or statement is that people will be saved in the inflation rate if they will invest in bitcoin and hold it for some years. I get it and know it that, in order to maximise the profit of bitcoin, the good option is to hold it and wait for bull runs or bullish events, but for others that couldn't wait for a year, that will be impossible for them, for example, poor families who can't even have money to eat twice a day, so they will need to invest in bitcoin and wait for years in order to survive. What I'm saying is that bitcoin will definitely make you wealthy if you do it right, but of course it depends on your situation in life. You should work on living first in order to focus on investing in bitcoin. 

[Essential10]

Well said instead of saving our money in fiat or bank account more especially those who are planning to buy a house, is very good to Invest it in bitcoin instead of saving it in the bank, because as time goes on that's how it keep increasing. but for bank instead of your  money to increase it will still reduce, sometimes due to the charges that bank normal takes, even if you don't have a decent job that is paying well you can still use DCA method before you know you have accumulated a lot.

I agree that investing in bitcoins is a very good decision, but if you invest the money you are buy a house in bitcoins, you may be at risk. Because there is no guarantee that Bitcoin will always increase, I am optimistic that the Bitcoin price will continue to increase in the future. If you have invested in bitcoins and if you want to withdraw your money from there for planning to buy or build your house then you can withdraw from there and transfer to bank no problem. But if you invest in bitcoins and want to complete the construction of the house, you may spend extra money, if the price of bitcoins falls, then a part of your surplus will go to the extra spending sector.

[shield132]

Price of a house in the USA, I don't know how accurate this graphic is.

That chart is very accurate but to be honest, it doesn't take the highest prices of the year but still very correct and in touch with reality. In 2016 I suggested my parents to sell the house and buy Bitcoins but since I was a kid at that time, no one took me seriously, no one took me seriously in 2020 and today I no longer live with the family because they prefer hard work over smart work. People still can't understand how much they missed when they didn't buy Bitcoins years ago and even months ago. Bitcoin is one of the best assets because it's the future of money.

[thecodebear]

Price of a house in the USA, I don't know how accurate this graphic is.

The USA. national debt is $34T today and it was only about $10T in 2023. The national debt increases 300% within one year, it's amazing 'success' from government and central bank in the country. It won't stop there because the debt ceiling will be raised again next year.
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
https://www.pgpf.org/national-debt-clock

You can try to save your money from your jobs in bitcoins and prepare for your wealth and retirement earlier than if you work days by days without bitcoin in your savings and investment portfolio.

lol you meant 2003, not 2023. National debt tripled over the past 20 years, not in one year lol

But that graphic is pretty amazing. Simple graphics like that are probably the best education to make people start getting interested in learning about Bitcoin and stop thinking its some sort of scam.

[khalidkhan82118]

https://pbs.twimg.com/media/GO23NN8WUAIHqPU?format=jpg&name=900x900
Price of a house in the USA, I don't know how accurate this graphic is.

The USA. national debt is $34T today and it was only about $10T in 2023. The national debt increases 300% within one year, it's amazing 'success' from government and central bank in the country. It won't stop there because the debt ceiling will be raised again next year.
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
https://www.pgpf.org/national-debt-clock

You can try to save your money from your jobs in bitcoins and prepare for your wealth and retirement earlier than if you work days by days without bitcoin in your savings and investment portfolio.
https://pbs.twimg.com/media/GOyfh56XMAA9iya?format=png&name=900x900

Do you think saving in Bitcoin is a better hedge against this kind of economic uncertainty? How do you balance traditional savings with Bitcoin in your investment strategy?

[pakhitheboss]

The USA. national debt is $34T today and it was only about $10T in 2023. The national debt increases 300% within one year, it's amazing 'success' from government and central bank in the country. It won't stop there because the debt ceiling will be raised again next year.

The point is not the debt they are handling, the point is the demand of USD. Unless the demand goes down and another currency become a global currency they will keep on increasing the debt threshold.

Everyone here knows that the global currency is USD, even Bitcoin is valued on the basis of USD and the biggest stablecoin is pegged to USD , then why you want to question the existence of USD and then compare it with inflation.

Regardless of how we think Bitcoin is for financial freedom it is still not more than an asset. It will remain as an asset which can make an individual or a country powerful enough to question the USD dominance.

[kotajikikox]

Do you think saving in Bitcoin is a better hedge against this kind of economic uncertainty?

Yes. Even though bitcoin is volatile I still think it’s a better option than just a saving your money and letting it lose value over time. It’s also a much safer way of saving, in my opinion, in terms of where to save it.

How do you balance traditional savings with Bitcoin in your investment strategy?

It’s still important to have some cash on you in case of emergencies. I always leave out some to make sure that I have something to pull out when in need.

[348Judah]

Either of it all, i know that bitcoin is more preferred when it comes to asset of investment than any other physical form of assets which we have been used to like real estate, this alone requires for maintenance annually and you don't have to go through any unnecessary stress with bitcoin investment over any maintenance challenge or go through a centralized authority before you could invest or use a wallet for it, bitcoin is all we want to have financial economy dreams achievable to our benefits.

[DeathAngel]

Bitcoin is now moving into the mainstream financial world. Pretty soon you will be stupid not to own any. I don’t think there has ever been an asset like it. I would not feel comfortable not having any exposure to Bitcoin in my portfolio. Inflation is a very real threat to our purchasing power, Bitcoin is the perfect antidote.