Dustin at FoxWiseJun 10, 2022 · 3 years ago3 answers Is investing in digital currencies a good strategy to protect against inflation?
With the increasing concern about inflation, many people are wondering if investing in digital currencies is a good strategy to protect against it. Can digital currencies really act as a hedge against inflation? Are they a safe investment option? What are the potential risks and benefits of investing in digital currencies in the context of inflation? How does the volatility of digital currencies affect their ability to protect against inflation? Is it advisable to allocate a portion of one's investment portfolio to digital currencies as a means of safeguarding against inflation?