Where do we find some sense of security and value

[Sonia_123]

Most of us has chosen diverse ways to multiply our fiat, but all these method we've chosen has no effect over Inflation, some of us decide to go into:

Banking System: At some point, if you're able to save a huge amount of money, you can as well cut the effect of inflation by taking profit on a daily or weekly basis. You should know even by saving in the bank you're loosing free will over your money and tax is being deducted from your savings.

Personal Savings: Assuming you set some discretionary funds for saving, and you put it into a saving box or vault, as the year goes by due to inflation your money is being devaluated.

Pension: Let's say you're waiting on your pension to arrive and it's fix, we all know as long as it is in fiat it can't keep pace with inflation and also tax is being deducted from your pension as well or if eventually your company goes bankrupt, your pension plan will be left with absolutely nothing.

At the end of day can you say to yourself those options I have taken in the stead of Bitcoin are worth the risk. Probably by the time it comes to your realization, Bitcoin is heating $1M and you'll be like how I wish I had taken the risk earlier on. By this time last year, Bitcoin was over the range of $65k- $70k, just a year after and you can see the height it has reached now and it's still climbing, you also have the liberty to use your coin as you want, not under some government or traditional bank regulation.

Bitcoin has provided us with some sense of security and value despite it volatility. Choose wisely where you'll rather invest your discretional funds

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All these you mentioned can be found in bitcoin, because na only bitcoin be the sure digital currency for our time and na him make we suppose to take the Investment very serious no matter any situation you dey because at last na you go still gain am pass, nothing you get to lose, for bitcoin instead na so so gain you go dey gain, image this kind thing wey we never see before sey you no get work, bitcoin give you work as in forum work, still dey protect your money, even they increase am as you dey invest am, and secure am for you.

[Mekie21]

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The biggest advantage of investing in Bitcoin is that it works in the opposite direction of inflation. If you want to protect your money from the negative effects of inflation in the long term, then the best choice for you may be to save money in Bitcoin. Although you can receive regular profits from the bank by saving in the bank, in the long term it will not be the same as Bitcoin and your wealth information is being interfered with by the government. Saving in Bitcoin may also be a better choice in the case of pension, pension is a long-term plan. If Bitcoin is saved in this long-term plan (even if it is a small amount), then I think you can get a pension several times more than the amount of pension you are getting today. Because Bitcoin is not affected by inflation and works in the opposite direction, the profit margin is higher and it is more secure.

Thanks for the hint on the bolding context.

I find out the problem of adopting Bitcoin for our elders and some of our young ones does lies in the fact that they have been exposed to the banking system for a very long time that they feel reluctant looking to other forms of saving their funds and for the young ones, they’re mostly skeptical of volatile nature of Bitcoin, but so far bitcoin have been breaking new highs over the year. they must have heard of it but are still having doubt, always waiting for a massive retracement and will say “I said it, this is not a good investment project or it’s even a scam”. I just hope they don’t regret it in the future.

[Boiboi20]

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Non of those things you don mention go fit control inflation and di only person wey go fit do nai be di government. Banking System no go fit self because your money wey dey inside self e no dey save. And wen we come to Bitcoin investment, make we no dey invest money wey we wan use am or spent within a short period of time because you fit loss well wen di price reduce. And if you dey invest whether discretional funds or spare money, no invest am for short term but long term. In Nigeria, I no even think say people get discretional funds in their houses.

However none of those thing you mention can actually stop inflation only the government has that kind of power even the banking system can’t help because let is be honest your money is not really safe there when it comes to bitcoin it is best not to invest money you all need soon or plan to spend in the short term because if the price drop you could lose a lot if you are  going to invest use only your spare money and think long term not short term But honestly looking at things in nigeria right now it is hard to even say people have extra money lying around to invest.

[Boiboi20]

At the end of day can you say to yourself those options I have taken in the stead of Bitcoin are worth the risk.

Stop selling the idea that whatever you do or anyone does aside Bitcoin will not be successful. There are many opportunities that you are not aware of, which people are using to make lots of money. As we speak, many have invested into something that in the future will be profitable.

Just like the saying, "if you are not informed, you are deformed". Because you are aware of Bitcoin means your own opportunity is here. So do what you need to do and let others follow what they believe in.

Let is stop acting like anything outside Bitcoin won’t work or won’t be successful There are so many other opportunities out there that people are already using to make serious money right now some folks are investing in things that could turn out really profitable in the future like the saying goes if you are not informed you are deformed just because you know about bitcoin does not mean that is the only right path everyone has their own journey focus on your and let others follow what they believe in.