Bitcoin role in controlling inflation

[Hamza2424]

limited supply of bitcoin, that's what makes the price of bitcoin expensive because the demand for bitcoin increases day by day. While FIAT is always affected by inflation, this is the reason I prefer to store my assets in bitcoin rather than FIAT, before knowing bitcoin I preferred to store in the form of gold.

That's really great if you are doing this so far, but the limited supply should not be the criteria for choosing an asset for the store of valuation, there are many coins with limited supply similar to that, there were NFT's trend and there was even a more concentrated limited supply but while choosing an asset for the investment you should check maximum possible fundamentals associated with the coin and market.

Anyway Bitcoin is reliable there some other coins a little bit risky compared to Bitcoin but reliable but Bitcoin has huge potential to bring dreams come true, haha dreams like one overnight millionaire are just possible in deep sleep.

[pieppiep]

limited supply of bitcoin, that's what makes the price of bitcoin expensive because the demand for bitcoin increases day by day. While FIAT is always affected by inflation, this is the reason I prefer to store my assets in bitcoin rather than FIAT, before knowing bitcoin I preferred to store in the form of gold.

That's really great if you are doing this so far, but the limited supply should not be the criteria for choosing an asset for the store of valuation, there are many coins with limited supply similar to that, there were NFT's trend and there was even a more concentrated limited supply but while choosing an asset for the investment you should check maximum possible fundamentals associated with the coin and market.

Anyway Bitcoin is reliable there some other coins a little bit risky compared to Bitcoin but reliable but Bitcoin has huge potential to bring dreams come true, haha dreams like one overnight millionaire are just possible in deep sleep.

I believe the stock should not be the only one to be valued with limited supply as the criterion for choosing the asset. The general idea of the asset: its purpose, how widely it is used, and the underlying technology are far more significant in the long-run. Hyped aspects such as NFTs and limited supply coins are fresh opportunities, however, such an asset must be assessed on how it can increase further or sustain its value in the future.
 
As for Bitcoin, such as it is regarded as a less risky asset in the context of other cryptocurrencies, there are is still certain risks, compared to certain altcoins that might have higher growth rates. However, dreams such as getting to be a millionaire today are quite realistic if the long run is considered and we are persistent in our investing policies. I believe it is possible to choose some safe and relatively risky assets. Thus, do you consider that such a diversification strategy can exist in your portfolio?