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

[Iranus]

This is also one of my reason why I am putting my savings in crypto, the value of Fiat keeps on decreasing because of inflation, the money that we have now or the amount that we could buy would surely be lessen in the future.
But if I would put it in crypto it could also give me a profit by holding it, and could save me from inflation.

Cryptocurrencies in general and bitcoin in particular are highly volatile assets, they should be considered an investment and not a savings. And in investing, we can make profits but we can also lose money, there is no guarantee that investing in bitcoin will always bring profits. Have you thought about the scenario if all your savings are bitcoin and you need money urgently while bitcoin is down 50%, what will you do if you have no savings?

Except for countries with hyperinflationary economies, currencies like the USD are not eroded by inflation at 5%-10% per day, per month. Meanwhile, if you buy bitcoin at ATH and bear season suddenly comes, you have to hold for many years and the value of your assets gradually declines. So don't use the excuse of inflation, and risk investing entirely in bitcoin without any short-term savings.

[$weetne$$]

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.

This is true because when you save in Bitcoin you can also benefit when the price of Bitcoin is rising, Bitcoin makes saving very profitable. If you are saving fiats you would not have any benefit from it but if you save Bitcoin you can have a benefit. Saving in Bitcoin is also like investing in Bitcoin because you are doing the same thing. Bitcoin can help you stay safe against inflation and other customers investment that will multiply your money can also help you. Any thing that adds to the money that you already have is very good because inflation is one thing that we will be having as we depend on fiat as our main currency in the world. You can have an early retirement if you invest in Bitcoin and hold but we have to diversify our investment into other investments in spite of investing in Bitcoin.

[Mate2237]

Investing in bitcoin has nothing to do with inflation. Bitcoin is not use to buy things now so how does bitcoin fight inflation. And those who are saying this should rethink and understand what is bitcoin and the causes of inflation and check if bitcoin is even involved. If you invest in bitcoin then you can only save your funds in the ecosystem so I don't know why the Op brought such a topic. And not everybody have the money to invest in bitcoin and hodle it for the long period but id they can then no problem.

[bettercrypto]

I don't think that actually, even when I started here in this bitcoin industry. All I know is that Bitcoin and other cryptocurrencies are a good opportunity. We know that BTC is good for long-term investment. Of course, when you make money with Bitcoin, that means you don't notice or think about inflation.

I just don't know if others think the same. Although I believe that Bitcoin can save us from financial problems because it has given a lot of help to many others who have succeeded and been successful in this field of the Bitcoin business industry,.

[MusaMohamed]

I don't think that actually, even when I started here in this bitcoin industry. All I know is that Bitcoin and other cryptocurrencies are a good opportunity.

Bitcoin or altcoins, they are all risky investment choices for your portfolio but Bitcoin is safer than altcoins. Risk with altcoins is bigger than risk with Bitcoin, first because of capability and dedication of their founder, developer teams on project developments; centralization of those projects and blockchains; fundamental risk from their protocol.

Proof of Work has less risk than Smart Contract and big PoW blockchain will less likely be attacked, reversed than with Smart contracts or PoS blockchains.
https://howmanyconfs.com/

I am always skeptical on security of Smart contract and PoS blockchains.

We know that BTC is good for long-term investment. Of course, when you make money with Bitcoin, that means you don't notice or think about inflation.

You don't invest if you don't see risk from inflation and its effect on your wealth. Because you see risk of inflation and its impact on your wealth, you find chances to invest your money, to be less affected by inflation. You don't ignore inflation even you are a Bitcoin investor.

[Sebas.tian]

I think, those that took this decision some years ago to saved some huge amount of capital to purchased Bitcoin when the price was very low in the market and hold for long period of time before they release the Bitcoin early this year, it brought a huge amount of income that helped some of those long investors to achieve their houses in my environment. Based on what investors are achieving from Bitcoin investment these days, it will be difficult for them to experience this inflation that is causing citizens not to survive with their salary, because the price of commodities has increased higher in many countries. I have made up my mind this year to purchase Bitcoin and hold for long period of time, because I have a big target to achieve in five years time which I need to spend the huge amount of funds on Bitcoin and hold for the price to increase to $200,000 before i can trade to achieve my target
.

[rodskee]

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

In just 8years that is how cheaper the houses using bitcoin and this will never happen if you will just invest
your money in banks or other businesses that may generates you smaller income.

Kudos to Bitcoin that we can see the lights now for trusting this best currency ever created thanks Satoshi .

The Real Estate market market in Southeast Asia is expected to reach a staggering value of US$26.76tn by the year 2024. Among the various segments

while the increase of Bitcoin value made it to hundred times over the last 8 years.

[EarnOnVictor]

I have read enough of similar remarks on this forum and outside it but the truth is that Bitcoin will not do more than its capacity. Fine, Bitcoin is an asset and just like any other asset, it can help us make money, but are you guys not considering the current price of Bitcoin as a discouragement for hedging against inflation? If you've not been considering it, it is high time you start because it is a smart move and it shows who you truly are for being slack about it. We should not mistake this, that those who struck Bitcoin when it was at a very low price are the bosses now, they are the lucky ones who can have the advantage of Bitcoin to the fullest.

But those who are now striking it at high prices will not only make a small amount from their money but they are still risking their capital too highly. No one knows tomorrow, and can you imagine buying Bitcoins at $70,000 and in the next 5 years seeing them at $65,000? Do you think it is not possible? Then if you think so or do not use the current happenings around it where it lacks liquidity to launch higher than the current ATH as quickly as possible as a possibility, then something is wrong somewhere.

Bitcoin will not be buying automatically as many of you thought, especially when it is now in the mainstream of the financial market, it will have to behave more like a reasonable asset, unlike before.