Since the mid-18th century, the global currency landscape has undergone significant changes. More than three-quarters of currencies have disappeared, and the surviving currencies have also experienced severe devaluation. The current economic situation in the United States bears a striking resemblance to that of the 1970s. In 1971, the Nixon administration announced the depeg of the dollar from gold, ushering in the era of pure fiat currency, which was followed by a decade of economic stagflation. Today, what we should be most vigilant about is the re-emergence of this 'stagflation environment'.

Famous investor Ray Dalio emphasized the importance of gold as the world's second largest reserve currency. He pointed out that gold has unique safe-haven characteristics: it has a negative correlation with other assets, performs well under significant economic stress, does not represent any entity's debt, and throughout a long history, gold is the only asset that has consistently retained its value.

For investors worried about inflation and currency devaluation, Dalio has offered some advice. He believes that inflation-indexed bonds are the safest investment choice, while also recommending a 10-15% allocation of gold in the portfolio as a tool for risk diversification. Additionally, he warns investors to be cautious with real estate investments, as real estate is sensitive to interest rate changes and can be easily affected by tax policies.

In the cryptocurrency field, the rise in Bitcoin prices has sparked a new wave of investment enthusiasm, leading to rapid growth in the account balances of many investors. However, during such a euphoric moment, investors should pay more attention to the security of their funds. Rushing to cash out without taking appropriate security measures can lead to losing all their efforts. Therefore, investors should pay extra attention to the issue of secure withdrawals to avoid losses due to improper operations.

In cryptocurrency trading, ensuring the safety of funds is crucial. Investors should be vigilant about potential risks, such as accounts being frozen or funds being withheld. Only when the funds are securely transferred to their own bank accounts can the investment be considered truly complete. In this rapidly evolving market, caution and security awareness will be the keys to success for every investor.