The COVID-19 pandemic has taught us many lessons about various 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 phases of lockdown.

What we witnessed during the pandemic was that people moved towards safe-haven assets. Investments in gold yielded good returns. However, the shine of the yellow metal could not withstand the skyrocketing rise of Bitcoin, which achieved 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 market volatility with gold. This was a very effective method in the past, but a new alternative has emerged that challenges the safe-haven method and the old school.