Inflation probably happens in every economy - some get it worse. Explore its effect and how crypto could protect your assets against rising prices. #threadcast #outreach.
1/🧵
Inflation probably happens in every economy - some get it worse. Explore its effect and how crypto could protect your assets against rising prices. #threadcast #outreach.
1/🧵
The purchasing power of money weakens everyday due to inflation. In the short term, you spend more money than you should. In the long term, your savings would be worth far less than they should.
2/🧵
If you invest in fixed term assets like bonds, your interest returns should grow faster than the inflation rate. Otherwise, that investment is in for some big trouble. Inflation wins the war in bad economies.
3/🧵
One important thing that crypto does against inflation is to give you another avenue to spread your eggs - an investment opportunity. This way, inflation has a hard time beating all your investment portfolio.
4/🧵
Stable coins provide a steady store of value for your asset. Click the link below and see how else crypto works for you against inflation
https://leofinance.io/@fokusnow/inflation-affects-wealth-building-and-financial-planning-think-crypto