Ladies and gentlemen your average crypto investor: "Moreover the inflation also destroy our wealth. So it doesn’t matter for me if i lose my money in stock market, in crypto or in euro…"

This is a comment i see passing by now almost daily when discussing crypto and its terrifying how flat out naive some of you all are. (if you think above statement is not flawed you are too) And i will explain here why, cause this really should be basic education.

Just to break it down for you guys simply:

​

• If i have 100k invested and inflation reaches 20% i can only buy roughly 83k worth of stuff compared to the year before. (first i could buy 100k loafs of bread worth 1 dollar, now i can only buy 83,3k loafs of bread because they went up to 1,2 dollars.

​

• If i have 100k invested and my coin drops 17% i now have 83k. That doesnt suddenly mean inflation is not around anymore, that 83k in stocks now only buys me around 69,4k loafs of bread.

People who think inflation doesnt apply on top of your investment losses need to REALLY start to understand and reflect with themselves what they are doing. Pissing away half you net worth "doesn't matter inflation is also 50%" need to understand that they just lost 2/3th of all their buying power.

Shoutout to the cardano subreddit where this response came from a few hours ago.