Minister Nabati Gives Investment Advice Against Inflation! Bitcoin or Stock Market?

Like the rest of the world, Turkey is struggling with high inflation. When the exchange rate difference is added to the pricing in Turkey, the purchasing power of the citizens decreases.

Investors who want to maintain their purchasing power have recently turned to many investment instruments. We have observed that especially real estate investments come to the fore in Turkey.

Answering NTV’s questions today, Treasury and Finance Minister Nureddin Nebati gave investment advice to citizens to protect themselves from inflation.

Stating that Borsa Istanbul has more returns than gold and foreign currency, the Minister stated that citizens should be channeled here.

“There is a balanced course in the exchange rate and other commodities. Its yield is below inflation. Borsa Istanbul is the one that brings the most income to the citizens at the moment. It is very clear where our citizens will channel.”

Continuing to expect a decrease in inflation, Nebati said that inflation will begin to decline as of December.

“The downward trend of inflation, which will start with the base effect as of December, will continue to cover 2023.”

Saying that foreign capital inflows to Turkey have increased, the Minister added:

“The reflection of this is in the BIST, the index is rising. Total trading volume is also increasing in BIST. They come to direct investments, they come to the real estate sector. This will continue to increase. The world is looking for a safe harbor, and Turkey has the capacity to rank first.”

Bitcoin? Is it the stock market?

Although Bitcoin’s inability to stand out in this environment upsets some maximalists, it is believed to be a good protection tool in the long run.

Minister Nabati proposes the stock market against inflation, what do you think about it? Do you think Stock Market or Bitcoin?

Please give your opinion in the comments.