The COVID-19 pandemic taught us many lessons about several aspects of life, and one of the most important of these aspects is saving and investing. Those who made wise and calculated financial decisions were the ones who left their past lifestyle behind relentlessly during the difficult lockdown phases.

What we witnessed during the pandemic was that people moved toward safe-haven assets. Investments in gold yielded good returns. However, the shine of the yellow metal was not strong enough to withstand the skyrocketing rise of Bitcoin, which delivered better returns than gold. This is why cryptocurrency is the new hot cake in terms of investment.

Previously, the traditional step was to hedge against stock volatility with gold. It was a very effective method in the past, but a new alternative has emerged that challenges the safe haven approach and the old school.