Hello. You explained it quite well. Store of value assets serve as a means to preserve wealth and protect against inflation or economic uncertainty. Inflation erodes the purchasing power of money over time, reducing the value of cash holdings. By investing in assets that act as stores of value, individuals can hedge against the effects of inflation and protect their wealth from erosion. Cryptocurrency markets are known for their volatility, with prices often experiencing rapid fluctuations. By accumulating a diversified portfolio of cryptocurrencies, investors can help mitigate the impact of short-term volatility and potentially reduce the overall risk of their investment. Some cryptocurrencies offer opportunities for passive income generation through staking, lending, or participating in decentralized finance (DeFi) protocols. By accumulating and holding certain cryptocurrencies, investors may be able to earn additional income over time through these passive income mechanisms. But please note that in some countries you will need a Hong Kong crypto license (
https://gofaizen-sherle.com/crypto-license/hong-kong) to work legally with cryptocurrencies.
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