Bitcoin Forum

Luxury watches at the top end of the market can be considered as an alternative form of investment. While I don't possess extensive knowledge about watches, my understanding from available information suggests that reselling them can yield a substantial profit. The return on investment for luxury watches tends to be quite satisfactory. Prominent examples of such watches include Patek Philippe, Rolex, and Audemars Piguet, some of which have a waitlist spanning two years. Most of these watches tend to appreciate in value.

However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?

I will have to choose investing in Bitcoin over luxury. This is because I understand the Bitcoin market better and know how the profit can be calculated. But that of the luxury watch, for which I believe the price tag might depreciate or reduce and whose value is highly dependent on either the price of material used for the making or the power that the brand holds in society and the hype it gets from the market, for the main time the luxury watch will be considered very expensive because of the hype that's it's gotten in the market, but we also have to consider what will happen next if their competitors have to take over the market with a more trending product, the outcome will be a decrease in price, and the case won't be any different from what was experienced in the time of NFT hype.

I may be a realistic person. Even though I know about bitcoin, and its prospects in the future. I will not bet all my money in bitcoins. If all my money is in bitcoins, if I need money when the market is bad then I might end up losing.

I will divide my asset ownership in 3 sectors. The first is a sector that has high stability but is resistant to inflation, for this category I choose gold. Both of these sectors have low risk, maybe I will choose blue chip stocks. The three high-risk sectors are definitely bitcoin.

If my finances are good, I will buy more bitcoins so that in the future I can make big profits. But if my finances are less stable then I will keep a relatively small amount of bitcoins. As for watches, I don't really like them, let alone call them assets

It’s simple I would prefer to invest in something I have substantial knowledge and experience on. The issue with investment most at times is people tend to invest in what they do not have knowledge about even if that business is lucrative, without proper knowledge it will not yield the desired profits.

Bitcoin which is my pick is easier is to understand and doesn’t need middle man in terms of purchase and selling. It is also a future asset that has the ability to grow in future

I have never owned a luxury watch and have never heard of an investment in a watch that would yield a higher return than an investment in stocks, gold, or real estate. In my opinion, watches are just man-made products, we can create as many as we want, how can it be considered a better investment than gold or real estate?
Since I don't know about it, I wouldn't choose it instead, bitcoin is the choice because its profit potential outweighs all, despite the greater risk involved.

Luxury watches, old beer pots, cars that were manufactured per order or in first copies, etc. are forms of investment because there is a demand for them, and a supply quantity cannot be created in sufficient time, so we cannot go back in time to make a classic car from the year 1930 or there are no hands and workers A skilled worker has enough watches, for which the demand increases as assets of limited value, but what earns them that value is demand, not limited supply.

One of my relatives has a collection of Rolex watches, the value of which has only increased by 20% over the last 3 years, even though its value exceeds $100,000. you are investing in growing demand, not limited supply.

Are you serious? In a Bitcoin forum what do you expect us to answer? The people I know who buy expensive watches is because they already have enough wealth accumulated in other ways, so I would expect the same from someone in this forum. I mean, someone who has a couple dozen bitcoins accumulated and buys a couple of watches to diversify, but if you are in Bitcoin accumulation phase I don't see the point of wanting to buy expensive watches.

It all depends on what the watch is made up of, if it's a gold watch then it may be a little bit considered as long as it have a second hand value, but i want to prefer bitcoin investment over a luxury watch because bitcoin investment has a way of holding it in a more secured way and can give more of privacy than watch, if you're the type that has passion for fashion, using a watch may be good enough but once people detect that it's an expensive type that could worth a million.

People may try to physically attack you and take that away from you, also it yield on profitabilities cannot be compared to bitcoin, watch or any golden material may only retain a value with little addition of profits unlike bitcoin that can make huge amount of profits over it's investment.

This is one of my plans after making a profit with Bitcoin. I'm not knowledgeable with it and that's why I am starting to research about its market and aside from having an interest on it, I'd like to give it to my pops and at the same time he'll have his investment as well.

And more to appreciate if you have the limited edition.

I'll have my priorities in the list in particular order.
1. Bitcoin
2. Real estate
3. Stocks
4. Luxury watches
5. Gold
With the last which is digital assets, what do you mean by this, NFTs? We've got already the stocks, maybe REITs are one of it. Aside from that, artworks as well, collectible cards (NBA, Pokemon, etc.).

Yes, it's a bit of a strange question considering where we are, but if you look at this board or Bitcoin discussion you will surely notice such questions, whether it is a comparison to gold, real estate or stocks. The problem (if we're going to call it that) is that most people see Bitcoin only as a means to achieve the goal (as much profit as possible), and very rarely as a currency that allows them to make transactions without intermediation anytime and anywhere every day.

Even when we talk about luxury watches in the form of investment, I think that such watches are generally no match for investing in Bitcoin in terms of profit even if we just go back less than 1 year in the past. It is true that luxury watches are similar to gold and we will not lose 10% or more of their value overnight, but we will also not be able to count on earning 100% or significantly more in a very short period of time.

Another important thing (at least for me) is that such watches are something that requires special storage in protection against possible theft, and we can be sure that every thief is looking for just such values, and that they will steal such a watch rather than a piece of paper on which someone wrote their seed.

I don't need to think twice before giving you the answer to the question that you asked above. I will invest in Bitcoin because,I believe that bitcoin volatile nature makes it more valuable than other assets both physical and digital. If you use $100k to invest in bitcoin and hold on your investment for 8 years,and but luxury watches with the same amount of money and keep it for 8 years,mate you will make 10x profit in bitcoin compare to what the luxury watch will earn you. Bitcoin is a store of value and bitcoin halving makes it more superb but that luxury watch isn't. The watches must be made of gold and diamond or else forget it because it will depreciate in value

I will still invest in Bitcoin over others or maybe I will choose gold as another option because gold is a relatively stable investment compared to other investments. I do not know watches so I won't go for it for now.

Investing in Bitcoin has been my choice for a long time because we can control how much money we can afford to invest. And even though the price of Bitcoin will still fluctuate, I think it's okay because the price of Bitcoin has the opportunity to increase greatly in the future. And that is why many people also choose to invest in Bitcoin because the return on investment can increase many times.

And I'm also not very interested in luxury goods because that could invite bad people to rob it. So keeping Bitcoins would be better for me because I can hide the wallet somewhere only I know.

When I didn't have money, material goals were always the ones that I mistakenly thought would have to be achieved, but when I earned money and could completely buy it, I realized that I had been wrong in my views prejudices are created by society. Obviously from my current point of view, even when looking at precious watches but for jewelry or luxury, it doesn't mean much in terms of telling the time or making me beautiful or better, but clearly if investing in bitcoin then i can understand the story there will be a chance to have more money in the future, the stuck problem is what do we make the money for, because it has spending circles and make money endlessly. So we can choose which one is right for us, so everything has its own merits.

My priorities are a little bit different:
1. bitcoin
2. bitcoin
3. bitcoin
4. bitcoin
5. cash

That's all I need in life to be honest. Some bitcoin and some cash to spend when bitcoin is in a bear market or when the seller doesn't want to accept bitcoin.
I don't care about jewelry at all, as I don't wear any and my wife doesn't like it either. She doesn't even wear our wedding ring as it's impractical and only collects new scratches every day.
I have a watch but it's a sports watch because all I really need in a watch is that it shows time in situations where I can't use a phone and is water/shock proof. I'm a practical person.

Watch is watch and bitcoin is bitcoin. Watches, no matter how expensive they are they are still for that purpose that they are made for. Watch is not an investment but for luxury or comfort just like by greater extent, like buying car. Bitcoin is an investment asset that can appreciate over the years.

The real reason that I won't prefer watch over bitcoin is that watch has no additional value in the future but only serve the utility it was made for but bitcoin is $30,219 as I'm posting and tomorrow you could see it in $31k and it keeps rising just like expected with assets.

Wrist watches have no value of their own, what makes them valuable or increase their value in the future is the price the materials they are made of(gold, silver, bronze).
So, if a watch is made of gold and in two years time gold appreciates, the value of the wrist watche will automatically appreciate.

Buying a watch as an investment is not a good idea because you or someone else can predict with certainty which model will skyrocket in price. Unless you are a true watch lover or watch collector, you can predict with certainty which model will skyrocket in value.
and since the OP asked the question in this forum I think everyone will say it's better to invest in bitcoin. Because they know and understand bitcoin when compared to watches, they even feel the benefits of bitcoin. So bitcoin is a better choice as an investment than a watch, especially in the long term.

Not all luxury watches appreciate value over time. It depends on the rarity of that watch and the demand for that watch. It’s very hard to find a perfect buyer for this kind of investment and it takes a lot of time and money just to maintain this kind of watches running in good condition for a long time until you will find the rightful buyer.

Bitcoin is much investment because you just need to store it on hardware wallet and just hold until the value grows. You can easily take profit too since there’s an instant liquidity available compared to luxury items. I don’t consider luxury items as investment because their future value is only defined by the interest of collectors.

Personally, I don't really like things that are glamorous or show ownership status to the people around because it invites more evil to monitor our lives. Luxury watches when worn and attended events so that we only get compliments that we are considered rich or can afford. Only that much? As a human being, the desire to show off is a natural trait that must be owned by every individual, but that doesn't mean we can't decide which one is good for security, right?
Imagine if we had 10 BTC in a hidden personal wallet, unknown to others and would not lure criminals to come, inaccessible to anyone other than ourselves. This is true ownership, Bitcoin provides a choice over other choices.

It may not be right to put all your money in one investment instrument. Of course, if you have money above the normal level. If you have a normal income, you can make a single choice. The only disadvantage is that sometimes crypto may not rise for a very long time. This is true for all investments. Some years provide a great advantage for some investments while others provide no advantage at all.

I like to turn to investment instruments that I see advantages rather than a single investment instrument. In doing so, I will never give up bitcoin.

Obviously, it's better to invest in any asset as compared to putting your money in such stupid things. Infact I feel it's never worth it to invest into depreciating assets. But yes there is one small difference or exception, if you really are interested into a certain thing and are saving for one specific thing then it's better to go with that specific thing only, no point keeping on investing by killing your dreams and choices.

The return on investment for luxury watches tends to be quite satisfactory. However, the worth attributed to an item is typically influenced by its demand and supply. While owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it’s worth noting that their appeal may diminish over time.

The watch brand names that you have mentioned are world famous brands so to invest in one or two such brand watches or watches will definitely require a lot of money. And setting up such a big business requires a lot of hard work because if the business you want to start is competing with several reputed companies already running this business, you must put in a lot of hard work and still you will be successful in this business. Watches are one of the things that people love. Usually hobbyists spend so much money on such watches. If you want to start this type of business, you need to attract more people who have a different love for watches and who like to read watches and you must collect some unique design watches so that anyone who sees your watch will easily like it.  .

One of my favourite YouTubers has his investment in high-end watches. His other investments are in cryptocurrencies, he has a software company and social media marketing. I remember him saying that the moment he bought one of those luxury watches  and stepped out of the shop the price of the watch doubled. So yes luxury watches is a good investment but I wouldn't trade it for bitcoin investment or real estate because I feel that these are much more easier to protect than a luxury watch.

Haha, this is funny because it reminds me of something that will definitely happen in my country if I go and buy expensive luxurious watches. All of my friends will start looking at their wrist watches and start asking about the current timing and then they will ask what's the time on my watch. Then they will pull me over with the fact that everyone's watch is the same no matter how expensive it is or cheap it is.

Forget about the status that is shown by the watch. That is just merely a man-made cruel way of showing off the richness. It has no meaning in real life when it comes to emergency situations or some issues which can not be solved with let's say money.

I would definitely save an equivalent amount of money in bitcoin. It has a bigger market, it can be sold at any time that too anonymously.  It can be traded everywhere in the world. Most importantly it can grow over the period of time in terms of it's value.

There are people in world who have likeness for things like cars, watches, pets etc and they spend huge money on them. I don't see any odd thing in doing so as everyone of us has the right to enjoy the life and fulfill our desires. If you have extra money then you can go and buy things you like but never do such things if you are short of cash or from borrowed money. If you have to invest then then Investing in bitcoin is the safest option but for long term.

It's an obvious choice. Because I have knowledge of Bitcoin not of Watches. So, I will choose the one about which I have great knowledge or at least some knowledge. The trading of luxury watches is a thing! I just came to know about this now and I also have no interest in watches dither they are luxurious or not. Because I have to carry my smartphone all the time and when I have to see the time, I check it on my smartphone.

Plus I think if a person like me who have a small investment that is not enough to buy a single luxurious watch then how could I start making a profit out of it but at the same time with the same amount I could at least buy some parts from 21 million BTC. Which could be 1 BTC or 0.002 BTC. The point was, I can start investing and making a profit in BTC with the low budget too but it becomes difficult in the luxurious watch business as we all know they are expensive.

I think you should rephrase your question and put it in the best way, when you talk about owning a luxury watch that definitely means it's a very expensive watch, now relating to to your question would the amount of Bitcoin and other asset be the same as the luxury watch.

If the whole assets would be of same amount then in my own opinion it would be Bitcoin and that's not even a hard to decide on, Bitcoin in my own opinion would do more than those asset in the future.

I'm sure a lot of users here will pick investing in Bitcoin over exotic watches. Take this same question to other fora peopled by those who don't think much of Bitcoin, you can guess what their answers would be.

Back to what you said here, "Most of these watches tend to appreciate in value", so it's not like the watches are even bad investment like stuff that depreciates in value. Therefore, anyone who chooses to invest in those watches is also making a wise investment decision. For me though, I'm not a watch crazy person, I will pick investment in Bitcoin over that of watches.

Investing in watch is also a good idea it's like investing in gold. But the thing in watch is you'll have to maintain its value without damages for years so when the supply is low it's value could increase. The more rare the watches then the more demand in the market. However, you would also need to know like study about watches since there's also spreading of scam and fake watches.

For Bitcoin, it's difference is that it has a volatility present where you'll have to take advantage. If I were asked what I prefer? I would say both cause it would be better to have alternative investment incase the one fails. Watches, gold, real estate and crypto, anything in these could be considered good investment only if you are knowledgable enough. I've resell a watch before I bought it on other country but when I came back to my place it's value doubled since there's no kind of edition in my country.

I would also prefer BTC over luxury watches. Because, luxury watches are not very cheap so to start investment in this business we need big chunk of money. And the risk in Watch business is more then trading in BTC. Because we have to remain up to date about new and old watches and the trends in the fashion styles too. Without it we are just collecting useless stones.
If the watches are same investment as Gold then I will chose Gold then Luxury watches. Let me tell in sequence what I will chose I have many options. First is BTC then Real Estate then Gold. Oops watch business is not on the list.  :)

If I would be able to make some big profits in BTC trading or holding then k would love to buy one Luxury watch but of course I will opt to buy fake or clone one because it also gives the same feeling.  :D

The thing is besides the fact that they are fucking expensive, for some brands like Rolex and Patek, you can't really buy them even if you have the money for purchase, you got to fork some more money to get into membership and only by then will you be able to acquire the watch. Usually getting on a membership requires you to buy some affiliate products and fork over more money. All these processes make it so hard to acquire a luxury watch over these brands by yourself, which to some people makes them even more valuable cause it's only available for those who have the time and patience to even go through that whole process.

In the case of bitcoin that's not really what's happening. You can easily buy it, store it, and sell it if you want to. To some this may entice them, to some this is just a no-no. Now I'd say that it all depends on whether you want a watch or a bitcoin but I'd be talking like the resident shitposters in this forum so I'd just say that, given the fact I already have a sizable bitcoin portfolio, I think it would be nice copping one of those nice watches yeah?

If the luxury watch is one that is made of gold or diamond, and I know this will have a future high value as much as BTC, I could buy it, but nothing beats having an investment sitting in ones account somewhere that even the bank don't know about and I live freely without the fear of being lynched or burgled because of a luxurious watch I possess.
If I have the crypto knowledge or the right brokers around, I could invest in BTC and Eth and probably. They have been much more stable with a proven track long term record to HoDL.

BNB would have been a good choice too, for quick earnings as a trader, but SEC regulators won't let Binance breathe. Until the case is resolved, BTC and Eth is where I would invest the money supposedly for buying a luxurious watch instead.

In my opinion, owning a luxury brand wasn't really a bad investment I mean it's a good investment since most luxury watches or vintage watches are collectibles so the value of it is increasing over time depending on the rarity, but these luxury brands' cost you a big amount of money so it's obviously going to be risky as well putting on this watches, I mean it wasn't really a guaranteed profit as well.

I would prefer Bitcoin investment compared to other assets or investments like luxury watches, just because of the high investment in luxury watches I would not prefer it, I also feel like these watches could be just for people who can afford this kind of item, it's going to be huge money if some of this watches prices are going to drop so you should make be able to afford that, your gonna need a lot of knowledge about this items if you really want to invest on this kind of brands. Unlike Bitcoin, you could invest as low as you want and still earn a good amount of profit in the future. But I invest in Bitcoin for the goal of buying an asset like a house that I want to use as an apartment where I could earn a passive income.

In a way you answered the question yourself, buying those luxury watches can bring profits but only if you are an expert on the topic, and this in a way works similarly to any other collector hobby you may decide to undertake, bitcoin does not has any of those problems due to its fungibility and as such it makes it easier for the average person to invest in it, so if given the choice the decision should be easy, if you are an expert on those watches then you could invest in them but if not then invest in bitcoin instead.

Luxury watches depreciate in value and so does Bitcoin price during the bear market. This means both assets can lose their value at some point but what make Bitcoin better and a better choice to choose between the two is, bitcoin has always gained back its value when it depreciate but I don't think the luxury watches gets back it's value if it loses its value like how bitcoin has done many times in the past. Bitcoin is a better option between the two.

Luxury wallets are fun to owned but they can lose their worth when you don't store it properly, it loses some of its original characteristics. It has to be as clean as when you bought it and that can be very hard to do. Bitcoin doesn't need all those care since it's digitally stored.

There are products that are available today are quite limited and the price has never dropped and instead increases. The clock product that you mean can only be owned by upper class people who have countless wealth and talk about the quality of the clock can not be bought by ordinary people who only have standard wealth. So the question you want to ask, of course, will not be answered with consideration of buying Bitcoin, Gold and Real Estate. When people choose to buy these products, they also automatically have other sources of wealth that are much bigger and buy clocks at fantastic prices are also an investment for them.

There is no choice basically and when people choose to buy branded clocks at a fairly fantastic price that has been through consideration and most of these people have a much greater source of wealth. Then ask some people generally will not get a definite answer, because we have never been faced with that choice so far.

I usually see celebrities buy these expensive watches. And it is usually believed that they own these designer watches because of luxury and they can afford them. I never knew it could be a profitable investment. But I will never consider buying these watches because they are mere accessories. It can be easily misplaced or stolen because it is meant to be worn and not to be saved. Maintaining these watches will be another problem. These watches will need special care or attention to preserve and keep them safe. These luxury watches are also prone to faults or can get spoilt which can be difficult and expensive to fix. Bitcoin is not expensive to store, doesn't need special care, and can be saved easily. The currency also appreciates just like these watches. I will always choose Bitcoin over these luxury watches.

My choice will be:
1. Bitcoin
2. Real estate
3. Gold
4. Stock
5. Digital assets.

Agree, don't force yourself to invest in anything if we are not experts in understanding the profit opportunities and the impact of losses from the investment, there are many things that must be learned if you are interested in investing in branded watches because the main category is branded watches with limited production which have a high level of supply, besides the maintenance costs are also very expensive and not all branded watches can be used as an investment.

However, the main point is that we must have the knowledge to manage investments regardless of whether we have watch investments, crypto investments, gold and property, all of which must have their own expertise to avoid the risks of these investments.

Investing in watches looks even riskier than investing in cryptocurrencies. You can buy a watch, but it might break and you won't be able to fix it. Another risk is that the fashion for that model will pass and you won't be able to sell it. After all, the watch could be stolen from you. It is better to buy a bitcoin.

Create a money machine first from your investments before buying anything else.
Watch can be a good investment if you are going to buy the high end watches but if not, better to buy Bitcoin more. If you are going to spend on material things, make sure you already have good assets and good investment, this is still what matters the most and for me, watches is not that good investment.

There is no need of holding expensive watches when you don't worth 10000 times of that watch. It will be deluding and irrational for us to wear expensive watches or clothes just to appeals the public why beneath us, we don't have anything. We need to be wise as human so that we can create portfolio of wealth without even disclosing that to the public until the right time comes for the world to know how much we worth or how wealthy we are. Those that don't have the spirit of investing would not last long as a millionaire or as a wealthy person.

I have never understood luxury accessories ever in my life. Doesn't have to be a watch but to be fair the only watch I ever owned was a gift from my aunt when I was like 15 or 16, never bought a watch ever again, never been gifted one of course since they are quite expensive if you go that route. But I also do not understand other stuff either, necklace, earings, rings, wrist thingies whatever they are called, they even have some for feet. At the end of the day the only thing I am willing to spend money on like that would be clothing, which I rarely do, but sometimes I do it, usually wear cheap stuff as well, if I have 1 expensive shirt, I probably have 10-11 cheap ones as well, only wear the expensive one on special days. So long story short, I rather invest into bitcoin of course, because expensive clothing or accessories never made any sense to me, and probably never will after this age.

Everyone will be investing accordingly to what they are interested in, but am sure it will be difficult for someone to choose owning a luxury watch over investing in bitcoin or other assets. If am going to invest then I will invest in bitcoin, since I already understand what bitcoin investment is all about, I know things which I will do to protect my investment, and other basic things I should know. Actually their are other investments which you mentioned above that are really nice, but since I have little or no knowledge about those investments then I won’t be choosing them, I will go for bitcoin that really know about and I know bitcoin is not going to disappoint me, all what I have to do is just to hold my bitcoin.

this situation is like this, you don't expect a non-crypto user to invest in btc over a luxury watch. that shows a simple logic how a person will look at this scenario. so yeah, it depends on the person himself how he will invest his money, a tangible asset or a digital asset. some are more comfortable knowing they are keeping a tangible asset and not going into the volatile market. whereas, some like the thrill of observing and investing on a fast pace market like crypto.

Owning a luxury watch have a lot of risks attached to it, you need a high capital to start with and you have to properly maintain it and it can be stolen and it can be damaged through fire and mishandling. Compared to Bitcoin where you can invest whatever amount you can, you can easily secure it through a hardware wallet, and the return on profit is better in Bitcoin, especially in a bull run.
Luxury watches also have a good return but compared to Bitcoin there is a high cost of maintaining it and besides in my case I am not fond of expensive accessories I'm ok with sports watches that cost a hundred dollars.

If I were a multi-millionaire, I would diversify my investments into collectibles like wine bottles, fine art and maybe even watches. But if I have only enough money for one watch, that would be a stupid investment, because it's stupid to place all eggs in one basket, especially if that basket has questionable fundamentals.

I think no matter what people say, stocks and real estate are the best investments. They are investments into the economy, so they are like a chicken that lays eggs. While speculative investments are more like gambling.

With the money I have? I'd rather bet it on bitcoin and other crypto assets. If I have more extra in my name, I'd definitely invest in luxury watches. Heck, the market is ludicrous and there are still a lot of rich guys wanting a timepiece from the past that is no longer under production. That's why vintage watches from even Seiko and Casio are still worth much, sometimes even higher than new releases from Patek Philippe, Rolex, etc.

Diversification is the key. There's no harm in buying watches for safekeeping and investment purposes.

Will the luxury watch feed me? I'd invest instead. While other people trade luxury watch also for money making.

Nothing will outperform a stock in a growth sector that is an industry leader.   The problem is most stocks arent breaking into unchallenged markets and quite a few sectors pull back on a regular basis, far harder ground.    The watch is just an entirely different type of investment, I'd call it a commodity as it has no yield to its existence unless you can rent it out perhaps.   
  All the things mentioned have varied dynamics, the easiest answer is to go for stability and utility, manage all of them.   Owning your own home is most easily arguable but the prices can pull back harshly if unjustified longer term.  I'd rather have all of them as its miserable to own something coming down in value, if you use it like a watch might be used then at least you have that.  Antiques can fall in value for a decade or more and are subject to trends in demand.

What is the purpose of having a luxury watch which will somehow lose value in the next 12 months because another watch that's more expensive than it will be released? For ordinary people that's no sense but for wealthy people is marketing, and showing that they have class could make them get more business proposals or deals.
But if the question was for me to answer, I will go for Bitcoin.

For me, I will invest in other assets and bitcoin, because there is a possibility that its value will increase and of course also avoid losing. It is better to put the investments in different assets so that if someone loses someone else can recover. Then there is the thing that will be loved because that time will also come when you will be able to get it if you become a multimillionaire in the world. But for me, it's better to just be simple with respect for other people if we're already up.

I heard that the luxury watch business is also very profitable, but it is ridiculous to think it is an investment that can be better than stocks and real estate. If we evaluate objectively and fairly, there is no better investment than real estate and stocks, it is the best and safest investment we have, and not even bitcoin can be comparable. Even if bitcoin becomes more popular, it will never overtake real estate, let alone the luxury goods business, will overtake real estate. This is the truth, but many people persist and avoid it.

I dont have really knolwedge on watches and also i dont own one as I dont like it, I dont know if there is someone also not fun of watches and also using it? because I don't want something attached to my wrist, so choosing between 2 is that I do prefer Bitcoin, as owning a luxurious watch means that you still need to do maintenance on it, and you also need to sell it off or find a buyer for it, which increases the risk of getting scammed. Unlike bitcoin, I already have knowledge of it, which makes me more confident that I could gain profit on it.

I believe everyone has a choice in what they want, and it wouldn't be an option for me to invest in luxury watches over Bitcoin. When you make an investment, you don't just consider one thing; you have to think sideways. First, if you invest in this watch, depending on the price—let's say it's $20k—you should calculate what the watch will be worth in the next five years, and you should also calculate what your profit would be if you invested that same amount in Bitcoin. What do you expect your profits to be in the next five years? You can make your possible assumptions and think of the one that would be more profitable and comfortable for you to make.

Let's take, for example, if you have your Bitcoin stored in a cold wallet like a hardware wallet and you lose that hardware device but still hold on to your phrase, you can easily import your wallet and have your asset back. But what if you get that watch and get robbed of it through any means? That means you are totally at a loss. Well, everyone knows they have choices for what they want.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

I'm not a fan of watches, especially luxurious watches. And if I buy a watch for the sake of investment and not appreciate it as it is, I don't find any point in it. So, this isn't really a difficult question to me. I would readily choose Bitcoin over a luxury watch.

But I sure appreciate the beauty, details, and scarcity of some limited edition watches. There's a thread in the collectibles section here about Bitcoin Watches (https://bitcointalk.org/index.php?topic=5350387.0) by SatsLife. It's just unfortunate that the imgur issue has deprived the OP of the amazing pics of these rare beauties. But they're really attractive and could definitely be kept as an investment.

The luxury watch business is also a good idea, and we can profit from it, but to start with it, we need big money and a relationship with the elite as it is not for the majority. While it has the potential to be profitable, I find it lame to compare the watch business to investing in bitcoin or real estate. I don't believe it can give a better return than investing in bitcoin or real estate. So like many people, I would choose bitcoin over watch business. When it comes to profits, there can be no more potential asset than bitcoin.

It doesn't matter, there's nothing wrong if someone invest in a luxury watch, Bitcoin and other assets e.g. gold, stock, property in the same time because it's called as diversification. You could invest all of your money in Bitcoin, in luxury watch, a combination of two assets etc, after all it's your choice and I don't think it's wrong. It's a matter of each asset has it's own risk and advantage.

I'd say someone make a wrong decision when they invest in Bitcoin and other shitcoins, then they say investing in multiple shitcoins is diversification.

If you can afford them both there is no issue. As much as investment is a top priority some people also wants to appear expensive as much. And it all depends on the individual and their taste.

While some persons are very stingy to buy any expensive things because they sees it as a waste of money others think differently.
To me, I would invest on btc first if there is not enough to support them both otherwise I will give myself a treat.  8)

I don’t think the 2 are comparable. It’s like an apples to oranges example. You need to have experience in luxury watches and make sure you don’t buy a fake. It’s also much harder to move. And takes longer to sell. The shipping is also risky.

Bitcoin doesn’t have these issues. You can easily buy and sell it. You won’t buy a fake Bitcoin and it’s also easy to store and transport.

I think the 2nd market for luxury watches has peaked last year. And if we enter recession then it’ll probably get worse and worse.

The price of any thing that you buy in a store (and not only) includes taxes, the cost of renting a store, the benefit of the store and the manufacturer. That is, it all underestimates the margin if you buy watches for future resale. If you can find a product directly from the manufacturer, then the situation will be a little better. But there is another nuance. The price of a new item and a used one can vary greatly. As soon as you bought a watch in stores and went beyond the threshold, it is no longer a new watch and its value immediately fell.

How do you want to resell luxury watches for more?

In my opinion, there are more rational ways to invest. In the extreme case, the same antiques that really rise in price over time and have value due to rarity. And these luxury watches are now a great many on the market.

If I had to choose a subject for investment, then I certainly would not include some watches in it. Which, I would prefer (like many here) and so obvious, thanks to the theme of the forum.

Well I don't have that much interest on such luxury or expensive watch and I have no idea about such investment but still, it's not a good idea to buy a luxury watch as an investment tool. Unless it's rare or out of production, don't expect to get the full amount or more back you sell it. Most importantly We cannot consider the market for luxury watches is highly unpredictable, and there's no guarantee that a watch will increase in value. luxury watch never can beat the investment of gold, plot or real estate.

With Bitcoin, I can purchase a little amount and overtime, watch it grow, right? Bit I can't say the same for those luxury watches and you said it yourself that the world is constantly evolving and interests are always moving on to other things. There's the possibility that I could purchase such with the hopes of selling it off but not having the means to maintain it and it can end up being a liability to me. So, I will prefer to invest in Bitcoin anyday.

In light of everything you have described, I am aware that these are all wise investments, but due to concerns about privacy, I will opt to invest in Bitcoin rather than anything else. I also think that Bitcoin will grow in value more rapidly than gold, stocks, real estate, or expensive watches. But in all honesty, I would love to diversify my investment portfolio by purchasing all of the items you mentioned, with the exception of luxury watches because it is very difficult to forecast the market value of these items in the future unless there is a limited supply of it. and again I see watches that is what every one will like to use it new product, so with that I don't think people will like to be demanding for the one someone have been using unless companies that produces it.

This investment are only worthy in the place where they are value and outside that environment, people don't see if as luxury. If I have Rolex today that is one of the most expensive watch that are mechanical made for the rich people, if I want to convert it back to cash in US for example, people in that area will see the value in it and may buy it expensive but it is not a guarantee that you will be able to sell it at the original price and if the watch is taken to an environment where they don't value a watch, they will not value it that much but having Bitcoin in your wallet, the value is the same anywhere around the world, 1BTC price is the same everywhere and you can exchange it for anything.

In my opinion investment in Bitcoin will be more better than luxury watches because everyone does not know that luxury watches can make you rich but bitcoin is known by everyone. Knowledge about any thing in which you make investment is compulsory and without knowing the reality one cannot get profit.

People uses luxury watches but I don't know that they use it as a type of investment and I don't have any knowledge about it but bitcoin as an asset makes large number of people wealthy and because of this investment those who are jobless find a way of earning money. In bitcoin you can put money little by little but I don't think that same will happen with luxury watches and you will have to use overall sum at once.

I don't really have a lot of knowledge or interest in luxurious items as a form of investment especially watches. Because whenever I try to think about how it works, I can't seem to understand how those luxurious items are considered as an investment since if it's being used or worn a lot, it decreases its value. Unless the items are from a well-known person since it's the person's name that will make it more expensive over time, or if the item is a limited edition.

So I would definitely prefer investing in Bitcoin or other assets like real estate since their value would increase in the future. Also, acquiring an luxurious item needs high maintenance to maintain its form so the item won't lose its value.

Strictly speaking, it is the luxury watch business as they are primarily limited edition, so making a profit from them will be huge if you have big capital and a comprehensive relationship.


I disagree with you on the part I have highlighted, how can an unemployed person make money from bitcoin? Bitcoin is an investment, and to make money, they need money to invest in it, and for the unemployed, where will they get the money to invest? Moreover, investing in bitcoin is always risky and highly volatile, you have no guarantee that they will receive a steady income. It would be a mistake to assume that bitcoin is a job and it can reduce unemployment.

If we already have a lot of assets then both are needed, but for those of us who have assets and are not so big then investing in Bitcoin is the main choice later if you have got a big profit then we look for luxury watches, because watches we also need to complete the appearance in our lives, so all need a process to have luxury goods and the most important thing for me is to invest for the future so that we can have everything.

If OP gave me a wish, I would not choose these answers because I really want to not have to want anything more in life.
There are things that when we are on track to achieve it or have already achieved it we sometimes have judgments that I find a bit excessive. With items that have a lot to do with material values, or bring admiration from such materialistic people, I find it quite mediocre, an expensive and cheap watch if In terms of use, the difference is not much, but how easily its application is used for the purpose is another matter. Similar to investing with bitcoin, there is no guarantee that the investment will return you an absolute profit, but you need many different factors to make a profit. In general, everything has its own positive or negative aspects.

I don't think living a life of luxury makes us better people. In fact, money has never even come first in societies with virtue ethics. However, of course, I admit that we always need some money, but money is no more important than the values that make us who we are, and a life spent chasing money is a life wasted. I think I have completed myself lately and no matter how much money I make, I will never change my personality and character. Replying to the topic in this context, I always prefer a few crumbs of Bitcoin over any quality watch.

I thought you asked the wrong forum. ;D
From most of the answers I read the average of respondents replied that Bitcoin was their first choice in investing when compared to investing in luxury clocks or other luxury things, including me in this case, of course I would choose Bitcoin as my choice of asset To invest based on my knowledge and experience so far.

If you see it, luxury watches have advantages in existence, as if people see that indeed I am able to buy it and classify me into the rich group, but for me it is meaningless, moreover I am not involved in the world of celebrities or in the big business that makes Appearance as an attraction for a person's assessment in collaborating cooperation

You shouldn't choose one over the other before you understand the market you are in vesting in. For example I don't know shit about luxury watches. I don't know the premiums, I don't know the overall market direction and volatility, I don't know which brand to choose, which model etc. You have to know a lot about these stuff.

On the other hand, I know some stuff about bitcoin/crypto. I know where to buy, how to hold, how to sell, I can do some basic TA etc. I am more familiar with this market.

Now the big question is, are you familiar with both of these markets?

I think it is necessary to be flexible in investment and not too dependent on a certain market, although by their general nature they are all part of the financial system, it is clear that it should develop independently. I'm quite comfortable if the finances are adequate, investing in something is fine, as long as it needs to be based on the study of the same goals as the investment, maybe in different respects. The luxury watch that I see is quite useless, but it is clear that the audience it is aimed at is the elite who have a lot of money to be able to own, so from an investment perspective I will still choose crypto or other traditional fields.

Because I embrace the concept of simplicity in life, I dislike anything that leads to showing off. I am more comfortable with the way I look without neglecting the neatness of my appearance.

My honest answer to this question is that I will choose to invest in Bitcoin and Gold. These are the two types of investments that I will keep.
For me, Bitcoin and Gold are more promising future investment assets than the other digital assets you are referring to. Investing in expensive watches is just showing off in my opinion even though profits can be obtained when resold.
A difficult choice would occur if I were required to choose between Bitcoin and Gold.

Being a better person is certainly related to personality and character,
with lots of money or living in luxury doesn't mean it will make us better, that's clear,
money is not a tool to measure a person's worth.

At my age, my first priority is to make money, so I would choose to invest in bitcoin over owning a luxury watch. Investing in bitcoin is not only profitable, but it also helps me develop and understand more about many aspects of life related to this currency. The knowledge of the lessons or the psychology of investing can be of great help not only to investing but also to taking advantage of it to answer questions and reason with others in work or life. Those are the things that bitcoin gave me when I invested in it, but it also gave me negative feelings, especially when I was new to this market. So a piece of advice is that setting such clear, specific investment goals can save you a lot of time and reduce pressure at work.

Why should you have to choose, if you can diversify and invest in all of that? I divide my investment portfolio into three categories, low / medium and high risk investment.... so that it is more balanced.

I will rather have a balanced portfolio with some investments in "safe heavens" and then some investment in a high risk category... that might yield much higher profits. Bitcoin is a high risk investment with the possibility of very high profit.  ;D

You know, this is an investment between what you can see and wear  and what is not visible with other people, so of course I would always chose to invest in an investment that only myself knows. And that is bitcoin, simply because you can keep and hide it, and when it’s price surges high, you can always take some portion to sell and even diversify into another form of investment that is highly appreciating. While luxury watches is also a form of good investment, but only for those who love to show off everything so that people can tell that they are living luxuriously, but when it comes to profiting, I don’t think its price can give very high returns in the future no matter how you try to keep it knowing most of the physical investments that shows luxury will only depreciate its value once it’s new one arise and becomes the current trend.

I wonder if anyone here will choose a watch? You need to be someone who loves expensive watches, I'm not that kind of person, I have other values, I don't feel any attraction to expensive things, for me the main thing is practicality and comfort. Of course, I will choose bitcoin, because this choice will allow me to get much more than expensive watches in the future. And in fact, I only wear a watch sometimes when I'm exercising, because I don't like wearing a watch.  :)

As someone who values functionality, I believe there is no need to invest in expensive watches. Whether a watch is expensive or affordable, both serve the same primary purpose: to tell time.

If the intention behind buying a watch is for investment purposes, I lean more towards alternative investments based on percentages. However, this decision ultimately depends on the budget available for investment.

Nevertheless, when comparing watches to the highest tier of investments, I prioritize real estate and Bitcoin. In terms of percentage allocation, real estate takes precedence with a higher percentage. This choice aligns with my personal needs, as I require a dwelling for my small family in the foreseeable future.

There is no problem in fullfiling your dreams, problem is when you make it a habit of continuously putting money into depreciating assets rather than appreciating assets. This will build your luxury things for the present but won't help you create those luxury things for your future. So always going into these things is stupidity, better to invest with a goal in mind and then once accomplished buy that thing.

That's a good reason why you don't need other assets. I'm just trying to diversify with what I think is good for my risk appetite and for someone who doesn't have a lot of Bitcoin, that's all I am thinking if ever someday my Bitcoin investment goes that much. This indicates that everyone has got priorities and they come in different forms and explanations as to why we need it and why we want to have it. But at the end of it, we've got all similarities and that will not change and it's all about uniting in holding bitcoin.

Having luxury watches or any luxury stuff are just not my thing and even it's just for investment then I'd not ever think or bother about that. In here, most of us have gold for the assets instead of luxury stuff especially with the high level of thief. It's just a not normal thing to have in here because of the society and stuff. Bitcoin, gold or any stocks would be my pick here instead of having some physical luxury stuff.

Owning luxury stuff has been on trend nowadays because they can easily increase their value for years but as for me, Bitcoin would be profitable. I can also see the risks in buying luxury items becsuse they lessen their value once they got damaged for being stocked in a long time or for being overused.
Bitcoin would be my top preference when it comes to investment because first, it can increase its value faster which could help us generate a better profit, second is because it is far from the risk of being damaged since it's a digital currency. However, we can always have the investment of our choice as long as we could handle and deal with their risks.

The term itself have the word luxury which means it is something that is being used by elite group of people. The luxury things used by people were demanding among the specific group of people. So, the value of the product won't be so demanding and the price won't appreciate much with time. The better choice is always bitcoin, and the luxury watches weren't good choice of investment.

Luxury Watches were considered as investment by people who had good sum of amount after meeting all their needs. In my understanding when there is inflation hard hit around the world, people will be thinking about the survival and not about the luxury holdings. It is all between the different class of people.

In my personal opinion I think that luxury goods are not for everyone, not everyone can afford them. Even then let's talk about my decision on it , if I have availability to buy hat kind of watch I will not invest on it, if that can be different from one person to person. But with effective thinking, I think it is wise to invest your money in productive avenues instead of investing in these things which can be useful for future. Moreover, there is no obligation to invest in Bitcoin, any amount can be invested by any person.  So I will choose Bitcoin for my investment.

It's like anything at a certain level, yes - watches can be profitable, like whisky and like artworks. However I assume you are asking whether to buy a watch as a competing option to investing in crypto, not just because you like watches? If you want to make a hobby out of buying and reselling watches, like most things it takes time to learn along with many pitfalls that you can fall in. I believe there will be plenty of fakes, of varying quality, circulating out there and unless you are an expert it might be hard to spot. They might also take a long time to appreciate, like 5 or 10 years, so the turnaround time is unlikely to be quick and you might even end up having to liquidate at a loss if you need fast money.

As long you do own things which does have that kind of appreciation in value over time and not something that would be having that decrease then it would really be a good idea. It is really that good

to own different things which it isnt really that focused on a single point of investment on which you do have tons of options or the things you do own and not only one. If you do bought a watch
and having that kind of value which it doesnt really that drops then go ahead because you wouldn't really be purchasing these stuffs if it wasnt really that your interest.  ;)

Invest on something which does have that kind of potential when it comes to increasing value on which we do know that it isnt something that a bad idea on doing so.
Sometimes its not bad to buy something or a thing or material on what we do love, it is really just that there are people who do give out importance on every buy that they do make.

you  can both earn in these things but I prefer to invest in bitcoin and other crypto rather than spending it in other assets but land assets are good as well the price will increase yearly and having a land is good choice so if ever I will be having a bitcoins soon, i will  buy properties as well that are not depreciated yearly but rather the value is increasing yearly.

When you wear the luxury watches,it help to get a good girlfriend.But you keep all the savings in the investment and earned huge from it.It allow you to do build your own house.Then it allow to keep the big money in your bank balance.So you get a beautiful wife which is essential one.The investment gives you a beautiful wife which is essential one for all the people.Even you can keep all your savings into the gold,which had more value in long run.

 I believe those people who only invest in luxury watch have a lot of spare money that they can easily spend it even in things that are less useful in reality. It’s less useful because eventually, the market will develop new luxury items in the future and those would be better and certainly more expensive than what you had, so it’s value might seem to depreciate as time goes by. However with bitcoin, regardless if it’s price volatility, it’s a certain fact that bitcoin will be more costly and expensive in the future, hence those who bought at its lower price might definitely sell them and gain huge profits. That’s the best thing about bitcoin, and you will never be in a loss as long as you have the patience to hold bitcoin as your long term investment.

Jewelries are good investments as well so if you would be left to choose between this technology and a luxury watch then eitherway would be a good choice and will just depends on your preference. As we all know there's a huge difference with profit potential and risk from doing so. Differences also consists of utility wherein a watch could be worn at any time of convenience. On the other hand, Bitcoin will only be used if you're in a country wherein this technology is widely accepted. Being tangible, recognition from government, and volatility of their market prices are the bottomline in this argument.

Diversifying is the reason we make investment in various things and investing in luxury could be one of those things. If you don't like luxury it doesn't mean it isn't a good way to make investments. The wealthy individual invest in luxury because they know how valuable they can become in the future. Just imagine owning one piece of a watch that has a limited supply and the company stop manufacturing and it becomes a rare collectables in the future.

The rich know the true value of luxury that's why they're investing in them, they do it as a show off and also a way to secure their wealth but the poor individual invest just to show off and that's why they don't buy the rare collections but buy what's trending and they lose money.

For now I'm only interested in investing, only in bitcoin and gold. Because in my opinion, these two assets have the most potential compared to other assets. I also have my own reasons why I only choose and are only interested in choosing these two assets. The first reason, why I chose these two assets (bitcoin and gold), is because these two assets are very accessible with the finances that I currently have. Because they are different from luxury watches or real estate, these two assets are very expensive and at this time I cannot afford to buy or invest in these assets. The second reason, in my opinion, bitcoin and gold are very multifunctional assets. For example, gold can be used for jewelry, can also be used for materials for making electronic devices, and can also be used for human health or beauty. Then for the multifunction that bitcoin can do, it can become a very broad payment system to any country. And that's why bitcoin and gold are the investment assets that I choose and can be said to be what I like right now.

It's because it's also like a status symbol and women wants to have a man that has the sign that it can provide for them.

It all ends up that it only shows that a man who has investments and luxury watches doesn't have to worry about what they should eat tomorrow. But it's just not all about having a wife because you've got investments and you are good from it. Yet, it's about how good you are in choosing investments and whether you know how to play this game because it's not just for your future but for your family. If given a chance to have a luxury watch, why not? I'll have it after making decent profit in the next bull run if I've got no other important things to spend my money on.

On a real sense how would someone prefer watches than bitcoin that will yield value to you. Watches I know are very expensive and may increase in value price but there's no assurance than such watch would still maintain it's value in time to come because I know that the more days passes by the more newer version of watches are being produced which might likely dropped value of the watch you already own. Why not use that money to buy and hold bitcoin for at least few years and enjoy the benefits of holding bitcoin. However, someone like me do not believe in luxury watches and I found it very difficult to have any since my smartphone is there for me to check and tell my time and I am always on phone so it's very hard for me to use a wrist watch.

When you comprehend the rewards that bitcoin offers, you'll continue to value it higher than any other investment that is suggested to you. Since I am fully aware of bitcoin and its significance as a tool for future investment, I hardly consider making any other investments besides bitcoin.

Luxury watches, gold, stocks, or real estate are the absolute last things on my mind. Bitcoin investment is always the only option consider to me that worth investing hard earned money into. 

if i were a rich person then i would invest in both i guess.
realistically i think this depends on our abilities and economic conditions. if we are very rich people maybe a luxury watch is a good investment alternative but if our economy is still average or below average then instead of buying a luxury watch i think we would rather spend our money to invest into Bitcoin and diversify our assets into several investment instruments such as gold, stocks and others.

I love wearing luxury watch but I won’t dare myself buying it because I know the returns will not be so high and it’s definitely lower than the price you bought it. I prefer to spend and buy bitcoin instead because even if you buy a portion of it, the returns might even reach the amount of the whole bitcoin, provided that you also hold it at a very long period. Bitcoin may only move its price slightly, but when significant factors affect its price and surge high, especially when bitcoin halving is getting near, expect that your experience will be more valuable and bitcoin investment will never leave you without nothing big to gain.

I don't have much ideas on having to buy, own and resell luxury items but, bitcoin I've got an idea of. Am not saying this because I'm all bitcoin enthusiast and things like that but, rather than following your guts, it's also best you stick to what you know while getting ideas about something else.

Luxury items like watches have been one of the ways in which scammers and money launderers hid stuff. In most cases, the watches still gets to drop in value.
Now that's not the hopes or expectations of any good investment. Its not just a way to get back but, getting back on profit.

Investing in luxury watch is never a wrong move since you will still profit from it when you decide to sell, but that is nothing when you chose to invest in Bitcoin. The profits are obviously more promising even when you only invest at a minimal amount. Just know what you are investing and understand how to manage the risk, that way investing in Bitcoin will be more valuable compared to investing in luxury watch.

It is a no-brainer, with the performance of the Bitcoin market, I would rather have Bitcoin since it can give me way more profit than owning luxury watches and reselling them.  Another thing is that Bitcoin often needs no maintenance as long as we secure it, unlike tangible things that need some maintenance and are susceptible to damage and deterioration which make them less in terms of valuation and may become worthless if the owner failed to take care of those luxury tangible things.

I still support investment into watches, but confidence in their value can only last so much longer. Just like you said, new generations might not see the value the last saw in them. In 10-30 years, with the combination of a vastly transitioning economic landscape...it is possible that watch value will depreciate rather than appreciate. However, just like Bitcoin (to an extent), watch value does grow based on inflation and it is possible that this might continue in the period before the generational shift (over the next 10 years), which is why I still support it.

Anything after 10 years is anyone's guess, I generally agree with yours OP.

Owning any luxury items are still a form of good investment but it needs a lot of capital so you can start with it. And I don't think I can afford it for now. I would rather take part in Bitcoin investing and save my hard-earned money for now so I can invest a portion of it in the future. Bitcoin investment is way more promising as long as you are investing at the right time and store your Bitcoin at a secured wallet.

The growth of bitcoin is more promising than the luxury watches. When we think of it luxury watches it is a costly watch for specific years. There'll be limited edition and other premium choices which makes the value. However this watches won't be having a much higher value over the years as we experience with bitcoin. Only after long years when the watch turns to be a classic product we can experience better growth in its value. So in my understanding bitcoin is the best against luxury watches.

That is true that luxury watches could be a good investment because their value appreciate overtime. But for me i would prefer  investing in bitcoin because i can do trading anytime or i can keep it for a long time and i know that the price of bitcoin will appreciate soon with that i can take profit and reinvest again. I would also invest in real estate because the value will appreciate overtime, i would love to have my own farm with a lot of trees, animals, vegetable garden etc. Having a farm could save money because it can be a source of food, prices of food are getting more expensive nowadays and we need to have an option to be able to save.

There are watches that will appreciate over time because of their rarity and because rich people want to own them. Mostly, those rich people can buy them, unlike Bitcoin, which anyone can buy as long as they have money, no matter how much it is. You can own Bitcoin with just a little money, unlike watches. That is why most of us invest in it, but even if I am rich, I still invest in Bitcoin rather than watches.

I know that some people said buy a luxury watch is an investment, "The goods can be investments themselves - Some luxury products (watches in particular) are regarded as investments, and demand in the secondary market can increase the resale value of new products. The value of Rolex watches (unlisted) has supposedly outperformed every major asset class since 2011" - https://simplywall.st/article/luxury-brand-stocks-show-their-long-term-resilience

Tho it hard to sell in my opinion is not liquid not like stock or bitcoin crypto especially the market is running 24/7 no close and meaning we can sell anytime.

I have a friend that has luxury watch I mean not that luxury but he buys at above market price and when he try to sell its very hard 2 town and there is no buyer

if the option is only those two, then I would easily choose Bitcoin and some assets. I don't wear any watch, and if I would want to wear a watch I will wear a simple Garmin, Galaxy or Apple watch for sports monitoring purpose, not like Rolex or something honestly Rolex is the only luxury brand watch that I know.

I know some of my colleague that buys Luxury Watch for investment, but the market is very limited in my coutry, and it's only high-class community people in this market, I wouldn't be able to join this community since I am not from high-class economy.

People who invest in watches I think it's at a very high level in contrast to people who want to invest in bitcoin expecting future returns it's a difference and I believe people who invest in watches have more money left and it is also possible for them to invest in bitcoins.
Personally so far I prefer to invest in Bitcoin than anything else, it's because of the possibility of high profits in the future, I think so and I believe in it.

I never even thought about owning a luxury watch as an investment. Something that has a luxury I prefer to buy for collection and not as an investment. So if it's about investing then I still have a choice in Bitcoin and Real Estate. And I only use Gold as a hedge. because Gold is not for investment but for savings that can maintain value in the long term because gold is not too affected by inflation from time to time.

Luxury items are established to show off what class you belong to. The rich people have created a cult where they just show off their belongings. To me, it's nothing more than that. They make it a trend and wear them to show off. Then those middle-class people trying to look rich will buy them. that's how the rich take money from the poor to generate more income and become richer. I have no idea about the watch market. So I will not choose it. All I know is that some watches are worth millions. But when the trend is gone, its price will fall.

So for me, Bitcoin and other assets will be more favorable. Because I know what I am doing. The luxury watches seem interesting. But it is not for me as far as I can tell.

I will prefer Bitcoin to Gold in term of investment though both are good assets, however it will cost me money to keep or save a Gold in a Bank, however my Bitcoin will be in my own custody (wallet) without any extra fund for hodling it and anonymously secured. Meanwhile owning a luxury watch is nothing but flamboyant way of life which doesn't add any value to the owner investment, personallyI see it as a show off, it's even a risk own such a luxury item because it can be stolen or lost consequently the owner would have lost a huge fortune. Imagine owning such a luxury in form of Bitcoin and luckily it price pumped massively such investment would yielded huge profit.

Nah I don't agree, you just utter a statement that is expected from a newbie, not someone like you, why invest money you will need in Bitcoin in the first place? That's not the right way to invest, the best investors invest money they can only spend when Bitcoin reach a new all time high, that's why they don't invest all the money they made, some are for taking care of their family and some are for emergencies, the others go to investments.

Selling Bitcoin because you needed money is a lame excuse, unless it's life threatening situation where you need to use huge amount of money to safe a life, yours or your siblings.

I don't know much about the future value of Luxury watches but it makes sense because something adds value to the watches, maybe a part of them are made of gold or diamond or maybe the premium steel too, so yes it's possible that luxury watches add value in the future.

Yes, everyone has their own views regarding luxury goods, whether it's for investment or collection only,
maybe some people think it can make a profit by investing in luxury goods or in this case is luxury watches,
to invest in real estate also requires large capital.

Luxury watches are good for me too. I can wear them and look beautiful wearing them enjoying the feeling of wearing something expensive and not common. There may come others that will be trendier in design, but it will not take away the worth of what I have already, people who know and appreciate quality will always be willing to pay any price especially if it is a luxury wristwatch with only a few made. I will also like a luxury watch if I already have other investment not when I do not.

This is one tricky question. Investing in luxury items (not exactly watch) often is a risky. A person that is making and investment in luxury or expensive item must be a professional in some areas, to be sure he is doing right thing. If a person wants to invest in luxury watch, he must be closely connected with watch industry. Buying most expensive watch does not mean having a good investment. I have a friend of mine that is into alcohol industry. This is part of his hobby, job, investment - he buys old and rare wines. But he did not just buy old wines and wait, he knows a lot about history of wine, year of harvest and etc. And most important - he already knows who would buy this wine. As to Bitcoin investment - this seems to be a more easy way of investment.

It is always good to invest money than buying expensive things. Well if you have enough passiv money generating then it's fine. Investing in stocks has less risk than crypto in my opinion.

Investing in luxury goods and Real Estate does require substantial capital. And investing in luxury goods is only for certain circles. because not everyone can afford luxury goods. especially if it's for investment, it's definitely difficult for some people. But when I was younger I was quite into brand-name goods and luxury watches. But after I experienced a difficult life and now I can get back up and get a better life again. I have a different view in this field.

A luxury watch has a market with fewer buyers due to both its price and being a hard-to-reach thing. In addition, it is not a product that can be preferred by everyone depending on the purpose of the person who will buy a luxury watch. On the other hand, it needs more capital due to its price. Cryptocurrencies, digital assets, commodities and stocks are investment instruments that have more buyers and are much more accessible for many people. For this reason, it is much easier to invest in them with low capital to trade and access them more easily during trading. In addition, since it is possible to buy these financial products in fractional or in very small amounts it is always possible to trade easily within the supply-demand balance.

The return on investment also varies depending on the risk potential of the investment. For this reason, investments in luxury watches, cryptocurrencies, digital assets, commodities or stocks should be preferred in comparison to the return they will provide.

Those who have more than $ 10 billion, of course, don't mind wearing luxury watches or all of them are luxurious, but for me, who is currently trying to get additional income, investing in bitcoin is better than any other investment, let alone buying watches.

I am from a very poor country and so between investing in bitcoin and luxury watches, I would chooses bitcoin. Even having to choose between bitcoin and stocks or real estate, I would choose bitcoin. Bitcoin to me is the leveler. It is non discriminatory. Totally anyone can get in and acquire wealth slowly and gradually. The entry is cheap. I can't do that with luxury watches. I have to be a millionaire to even fathom about getting a luxury watch and worse still I have no patience to be on a wait list when I could invest the money in bitcoin and make twice as much in a short period of time. I have no problem with people investing in luxury watches some people have the money and they love it go fine with them as for me, it is bitcoin.

The luxury watch business is also a good investment, but you are right, most of us here are people who do not have too much money, so even if they want to start a watch business, there is no chance. To be honest, I would also choose bitcoin because, with its volatility, I expect to have a chance to make more money, and that's why I don't pick stocks or any investments. Not just me, I believe most people here would choose bitcoin for that reason.

Buying a luxury watch is not my ability because the price is quite high even some are more than $100K in price, while this investment is often owned by a businessman who has a lot of wealth so they partly invest there as well as his collection, it would not be surprising if many conglomerates have luxury watches because they can afford to buy and also have knowledge about the watch.

If you ask me then the choice is bitcoin that is my ability because I already understand how about bitcoin and other types, investing in bitcoin can be in small amounts while luxury watches require capital for 1 watch only, this is difficult for the lower middle class.

Luxury watch investments are exclusive due to fewer purchasers and higher beginning capital. Cryptocurrencies, equities, and commodities are attractive investments because they are divisible and widely traded. However, premium watches' exclusivity is their advantage. They're hard to approach, but they're less volatile. Their physical, ageless appeal and often rising rarity may make them an even better investment over time. Just like you said, risk affects ROI. Luxury watches are fun and prestigious. A luxury watch can represent one's financial success, unlike digital assets like equities

If I had enough money I would love to have a luxury watch collection but I would never prefer it over Bitcoin. Rich people mainly collect watches as a hobby and not necessarily as an investment that will generate them significant returns. A luxury item is not something that is really a necessity for anyone but there will always be a need for censorship resitant, decentralized money. Bitcoin being more accessible and having greater utility make it the better investment option.

Expensive watches can indeed be used as long-term investments, but to sell them we also have to be able to find people who are willing to pay for them. different from bitcoin where whenever we can enter the market to sell it. therefore I prefer to buy crypto according to my ability, because if you buy a mehaw watch you have to spend a lot of money first. but my boss because he doesn't understand crypto he prefers to buy luxury watches, and watches from 2000, currently 2x profit

I would buy a simple watch that meets my demands and buy Bitcoin. I think most of the members who visit this forum are also falling this mindset. The other one who buys luxury watches and also buys bitcoin don't visit forums like these and those who buy luxury watches instead of Bitcoin are already broke. :D

There are many ways to waste your money. Luxury comes to appease the soul, but beyond that we should avoid it. To be honest, luxury buyers are few in number and most of them have a collecting habit which does not take into account costs or investments. Hence let them buy watches while we safely invest in Bitcoin for the future.

I can also relate to your friend but on my part it’s not luxury watches but luxury bags that are very self-fulfilling to use. I have no doubts with that. However, when you decide to sell it for profits, I guess that’s the hardest part. No one would buy at a much higher price but instead they will look for a bargain price, thus making the seller selling at a loss. The reason why I prioritize bitcoin investment more than buying any luxury items. At least when I decide to sell, I will never settle for a low price but with higher price instead. That way, you buy at a low price and sell on its higher price, that’s how profits are gained.

Imo luxury has huge connection or takes huge impact from trend and fashion. With no time, expensive luxury item could turn into expensive toy. Speaking about watches - yes give its owner some kind of a status. For example having a Rolex means that a person has achieved something in his life, even though its a just a popular brand. But, to have benefits from a status watches, its owner have to wear them. Which means there is chance of watches getting micro cracks, abrasions and etc. Their value drops due that. During current digital era, there is a risk that luxury watches might be some day replaced with modern ~1k smart watches. With luxury watches, owner must be ready, that not many will be able and willing to buy his watches. With Bitcoin - just few taps or clicks and your are ready to close a deal.

P.S. In matter of just owning luxury watches, I would say that $1 and $1kk shows same time.

I see where you're coming from! Luxury watches can actually be a cool investment option. They often fetch a nice profit when resold. Patek Philippe, Rolex, and Audemars Piguet are some top choices. But keeping in mind, trends change, and future generations might lean towards things like bitcoin. So, if I have to choose, i would go for an investment in bitcoin, digital assets, gold, stocks, or real estate.

A person who can use a luxury watch means that person has more money. Because people spend so much money behind the clock when they have a lot of money to spend in different places. People who own a luxury watch have enough power to invest so I don't think there is any need to sell them a luxury watch to invest. But if a common man is considered then it would be a much better decision for a common man to invest that money in Bitcoin than to buy a luxury watch. Because at the moment a common man does not buy a luxury watch but if he invests money then in the future he will be able to buy a few luxury watches with that amount of money. Therefore, buying a luxury watch would not be a good decision for a common man at this time.

Luxury watches are indeed very good as long-term investments, and they can also be used as jewelry. however, personally, I am not much into luxury watches and prefer to invest in gold. So, in that choice, I'm more inclined to go with bitcoin. The reason is, with bitcoin, I can increase the value I have by trading. Even though it seems risky, I think owning expensive items for a long time is also risky. Also, I don't really know the market price of luxury watches, so, I prefer bitcoin.

It is more about being a collector's item, especially if it is very expensive, as only a few will use it. This is like exotic and rare cars that most of the rich are collecting, but they are just putting them in their garage and not using them. But again, there are people who like doing business on it, like buy and sell, which is still an investment, but for me, we are the same, as I do prefer bitcoin because I have more knowledge of it than those luxury watches.

I think the market problem but the possibility of greater profit Crypto so I prefer to invest in Crypto than luxury watches, and not only that the possibility of taking profit on luxury watches is quite small and I think many people buy luxury watches not as an investment but his attractiveness to be considered or trusted by business partners.

I would choose Bitcoin every single time.

Luxury items can depreciate just like any other material things and will never increase its worth again because of its demand since new models could be release in no time. Unlike in Bitcoin, it could pump so high and dump so low at the same time but at least you know that it's gonna pump again and you're waiting for something in return.

Owning a luxury watch collection is certainly a pretty cool thing. The reason why many rich people do this is both because it is a hobby and because watches with collectible value become more valuable as time goes by. On the other hand, the fact that luxury watches are used for money laundering actually provides a very good advantage for many people who have serious wealth. These people can transfer their wealth from one country to another through luxury watches without any hindrance. In addition, the biggest advantage of luxury watches is that they are among the assets that cannot be seized in case of any lien. Of course, I don't know if this is a valid law in all countries but in many countries wearable accessories such as watches cannot be sequestered, so luxury watches help protect the existing wealth in case of a possible lien.
However, luxury watches have a lower market share to be able to buy and sell for their price and it is quite difficult to trade such products or sell them with high profit margins especially in poor countries.

If we buy a luxury watch for $ 1 million now and 3 years later we need money then if we sell it maybe it can drop to $ 50k or less, but if we buy bitcoin worth $ 1 million now then it can have a chance to be $ 10 million in 3 years.

Totally agreed about the maintenance part, no matter how valuable a thing might be or whether its value increases significantly over time, as long as it is tangible, it won't be the same after a decade or so, which is not the case with Bitcoin. A luxury watch that you might have won't be the same if you can't take good care of it but if you have a few Bitcoins and you have kept them somewhere safe, they will be the same but only more valuable after a decade or so.

So I personally don't think that something luxurious can provide you more profit in the long run than Bitcoin because Bitcoin isn't something that exists physically that gets old or depreciates over time but an item no matter how good will surely have some changes after a few years.

Only certain people can have it as a collection that they consider as a hobby but also make money if in the next few years.
Will the brand names of luxury watches with million dollar prices drop by 90%? I don't think so, the company will maintain the value of expensive watches, I haven't seen luxury watches drop drastically unless they are counterfeits.

Actually we don't know how the schemes develop in their watch business if they are already experts and professionals in this field of course some will choose as luxury watch collectors.
Since we only know about bitcoin investment, we will fully believe in this asset while others will be considered less profitable.

It is not really a good thing to make a comparison in this way because every product or investment asset is susceptible to gain or lose value. Of course, the watch cannot be considered as an investment tool in general but due to the high demand for luxury watches and the increasing value of these watches over time we can consider luxury watches as an investment tool.

I would like to add something for the scenario you mentioned;

Imagine you bought a luxury watch worth $1 million and Bitcoin worth $1 million today. At the end of 3 years, let the clock be valued as 150% and Bitcoin be valued as 180%. Let's assume that you need money and want to meet this need with one of these two investments. Switching to cash by selling Bitcoin will be much easier than selling luxury watches because of the demand. In the case of the opposite scenario, it will be easier to sell Bitcoin, even if both investments have lost value.

In summary, every investment carries a risk and has a potential for gain depending on this risk. The important thing is to choose the right investment as well as to realize the investment that can be traded or turned into cash as quickly as possible.

Talking about the hobby of collecting branded luxury items, they also have good market value, the items mentioned by OP have good bargaining value in the future because people perceive them as collection materials which will be valuable in the long term. Products like that are usually not made much and the quantity is quite limited, so many rich people are competing to buy. But when it comes to the accuracy and productivity of money, I also agree that investing in bitcoin is much more precise and can generate maximum profits.

The choice as mentioned by the OP depends on whom? If a billionaire who has abundant wealth they will also hunt for rare collections and also have targets in investments everywhere. If such a choice were faced by a group of people like us then I'm sure everyone would choose bitcoin because buying these goods is also not cheap and does not generate profits in no time.

If we want to be more practical, then bitcoin investment is a perfect choice. It’s not that I’m against with luxury watches but I just don’t see it clearly how to make profits with it when you buy it a high price and then sell at a lower price. One thing that is a total opposite for bitcoin. At least with bitcoin, you can buy at a very small portion and when it’s price doubled or tripled, you can instantly sell for profits.

I’ll go straight investing with bitcoin. The profits are more stable and promising, unlike investing into luxury watches or even bags, you will only spend a lot of money but you can never expect good amount of returns. It’s a good thing if you actually do it for passion and collection, but if it’s for a business, I don’t think it will work.

The main idea on here is that, why would really be needing to choose if you can have both? Well, this would only pertain into those people who are financially capable and we know that not all would really be having the funds or money on doing both things and this is why they would really be ending up on needing to choose one.In my case then i would definitely be choosing Bitcoin. Yes, having those collectible items could really be having that appreciating value and not something that would decrease but the level when it comes to potential profits is totally different if we do compare both things. If you would really be liking on having that
volatility then Bitcoin would be the choice but if you do want on having that something on safer and lesser risks then stick to collectibles but as i said earlier that if you are really that minding about profits
then both things would be that recommended.

Right I mean buying luxurious watch or a limited edition car is great but when we try to sell it would be a hard part? Tho I know some news that buying watches can really be a profitable business but I think the market is pretty much not liquidated like other asset.

Maybe who buy luxurious thins would be people who really like the brand for hooby or just collection for another rich people

Also, dont forget that there arent much people who are ready to buy that watch for $1 million. A person must be ready to spend a million at once. While with Bitcoin, if you deposit that $1 million worth BTC to exchange, lots of people will be ready to buy different parts of your deposit. There not have to be one single person who would buy your whole deposit. I also believe, that watch value in 3 years wont grow for 150%. For watch price to grow, it has to be really unique and there must be low supply of such watches on the market. From manufacturer point of view, if their watches sales are good, they would continue producing them. Which means it is hard for watch to be really exclusive in short period of time.

I would obviously prefer to invest in Bitcoin rather than having luxury watch. Luxury watches are pretty hard to convert into liquid assets in my own country. There is not huge demand on them. But I need to agree that luxury watches are very valuable, and even lot more expensive than 1 Bitcoin's price. But as I said, Bitcoin is very easy to sell if you wanna convert to cash or other things. Watches are physical real stuff so expensive watches will be always hard to sell directly.

You ask this question on a bitcoin forum so expect the answer of people would provably invest on bitcoin since they already its potential and also how they can multiply money for its different investment methods. Having luxury watch is just a status symbol and not necessarily needed so most provably I will erase the thoughts of having this that's why I go with bitcoin since this could give us more better returns.

That's one thing with commodities you can not always sell it at the exact price you bought it the only thing that can help you is when the demand is high but it's going to be hard since the innovation does not stop there, they will keep bringing out new designs and looking at cars to hey keep improving on it, and investing in bitcoin is not a bad idea but you have to consider the risk behind it and it's not stable and investing that amount of money and making it a two-way thing is either you lose or gain profit. and it's not an investment you get quick money from the question now can you HOLD?


The brand will maintain its name and characteristics of producing expensive products, even at the value will continue to drop over the years and the company will keep enriching itself, something is sure you can not sell does wates for the exact price and where I have to disagree with the other writer his about investing all that amount of money in bitcoin, is better he consider other investments too.

I would not be too burdensome to choose one of these, because Bitcoin is definitely a place where most people invest to earn some profits. But I think buying or collecting luxury watches isn't too bad either and doesn't mean they're wasting money just for luxury, because many of them also become collectors of luxury items like watches to get a profit. They know they don't really need it but they are only doing it for the sake of business. This is according to my view that specializes in those who take advantage of business opportunities in luxury.

While I am not versed with these luxury watches and bags market, I think that it's the same opinion with someone who's good in there but not with the crypto market.

But I'd do the same because you do you, and wherever we're good at. Then, that's going to be the place where we're going to invest our money confidently.

Both of those luxury markets and the Bitcoin market requires patience, so they've got the same in common and that's like HODLING in us.

As I said before and the opportunity to have both does depend on a person's financial ability and if they have abundant finances it is certain that choosing both is a good step. When this is connected with those of us who don't have large finances, it is certain that bitcoin is far more potential to be chosen because indeed to buy a collection like that requires a lot of money. Moreover, talking about the advantages that are certain, we will consider those that are more productive and faster as their utilization.

Both have the risk of both volatility and loss of interest in these collectibles, but when it comes to investing, sometimes there are things that need to be considered, both regarding the power to generate profits and the timeframe. For that bitcoin is far more reliable than collectibles which are rare and difficult to buy, if both can be invested together then choosing both is also better, therefore depending on the readiness of the money in possession.

One luxury watch is enough for me, not to see it as an investment but just my personal thing so that I can use it whenever there’s a necessity. I would still go for bitcoin investment seeing a lot of lives have been changed by bitcoin, and so I’ve been also motivated by that. And IMHO, it’s hard to spend a lot when the returns are hard to achieved and they’re not impressive enough, unlike investing in bitcoin, you could just spend buying a portion of it and hold it for long, and when bull run takes place, you will earn a lot of profits even 5x or 10x from your capital depending on how long you prefer to hold your investment before you decide to sell it.

It varies if that particular watch have a value continuously getting expensive due to be a limited edition, and other features of it becomes rare in the market there's a chance this item could be valuable in the future it takes time to differentiate but with the crypto currency the market is volatile so you can ride on it make be you lose or take profit but at the end it's just an unrealized loss or profit not until you sell your asset. Crypto will become it is what it is. If you have a one bitcoin still you have a one bitcoin.

I will prefer to invest in crypto than owning a luxury watch,it is because luxury watch is always a luxury watch but crypto is very surprising we can buy a lot of luxury watch if our investment become successful someday and we can earn a big profit.crypto has a lot of surprises and it really give profit to those who have Faith and trust on it.

Depends on how luxurious it is, I mean is it a rare edition that the most coveted? I might be able to sell it for several times the price on the auction market.
But yeah, that would be when I have a wealth preference that I think the price of a luxury watch is very affordable, lol.
Right now I'm just looking at the reality that bitcoin is an asset that I can reach, so I'm not gonna take this question too seriously.

How about I diversify?
Luxurious wristwatches can be assets too. Most of them are gold and buying them is like investing in gold. Most celebrities buy a lot of gold necklaces, rings, writs watches. These are investment too but most people do not know.

So if you can afford an original gold wristwatch then you will most likely have enough to invest in Bitcoin and other assets.
It's not wise to invest only on one assets, so if you have the money diversify into other assets like too like real estate, stock and so on.

Got a coworker of mine that tends to invest in these luxury stuffs, not just watches but also those expensive necklaces that you can buy online. I can't see the appeal yet to invest to those expensive necklaces, but I understand that its price can still appreciate over time.

I would rather invest it into crypto for now. Fear of ending up in a rust is a factor for me even though legitimate ones don't rust at all. Considering that one of my hobbies is PC building, I rather do that rather than be forced in doing another hobby that I do not fancy.

They are indeed investment, but not many of us have the privilege to buy those. Some just do not get the appeal in buying those.

I have observed a point of view of many people here, and also strongly agree that the option of investing in bitcoin will be more familiar, it is easy for us to only have $1000 to buy a luxury watch to live trade or do something later, but the same amount can be fully invested in bitcoin. More than their features are not the same in terms of perceived profit potential, is it possible that if I have a lot of money, a decision to buy an expensive watch can be made to polish my name and understand how I feel? I feel like a luxurious life, but honestly I like simplicity so I don't need to make the effort to buy them later, whether or not a stance of accumulating more bitcoins in life will be the direction that I believe thought.

Of course I will choose bitcoin instead of buying luxury watches, future economic conditions will be difficult to predict and if we experience financial difficulties then the easiest thing is to sell bitcoins, even though one day the price of luxury watches survives or rises of course it will be difficult to sell or find buyers from the watches we have kept.

Investing in luxury watches is even harder than investing in gold, as it requires a sizable amount of initial capital. Those watches are not only made of gold, but most of them are limited edition, so they are very expensive, and not everyone can afford them. In addition to the fact that you need a lot of money to trade them, you also need high-class relationships because you cannot sell them to workers, office workers...So I think investing in bitcoin is still suitable for many people, and it is the easiest investment because we can start with any amount we have.

Diversification is essential but if you don't have too much money, you can also focus on just one asset for better returns.

There must be someone who believes in investing in luxury goods more than in general investments such as bitcoin, stocks, real estate etc. I don't have a friend in investing in luxury goods so I don't understand how to earn in investing in goods whether this is a hobby that is made into an investment or deliberately investing because it has become a habit that is done because it already knows that expensive or rare items will continue to increase from year to year.

Sometimes it's funny too when we compare two things that are very much different in terms of value and also in terms of how to use them. An expensive watch is an item that has a clear physique that can be purchased because of its luxurious appeal when seen by all. Whereas Bitcoin is a digital asset that has no physical possession but already has a lot of value and users, where the buyers are people who already know it quite well.

If the two choices were directed at me personally, I would prefer Bitcoin for me to buy because besides being able to save it as an investment, I can also trade it on any exchange at any time I want. As for those expensive watches, I think their function is not much different from cheap watches because the time shown by expensive watches is also the same as the time shown by cheap watches. So personally I would prefer Bitcoin over a watch that functions the same as any other watch.

I agree that it's going to be something special when it comes to spending that much money. I have seen people online that wore millions and millions of dollars worth watches, there are special watches made with diamonds and all that worth upwards of 20 million dollars. That's not the type of person that spend their money on a watch instead of investing, that guy already has a ton of investments and business they are partnering with in order to make that kind of money, they have an income basically.

But I wouldn't spend a dime on a watch, I have my phone with me everywhere I go and my watch is my phone, so I do not even buy those watch or whatever it's called tech thingies that connect to my phone, I use every bit I have to invest.

Luxury watches if made with high quality and from the world's best brands certainly have high prices and only a few people can buy them. Buying Luxury Watches Apart from providing an elegant appearance for the owner, luxury watches can also be used as an investment, especially if they are made with materials such as gold or diamonds. So luxury watches and bitcoin can be said to both offer investment opportunities, but they are not the same and are very much different.

However, for me, if I have a lot of money, if I am asked to choose, which one is the best to invest in? I would say Bitcoin remains the best for now as Bitcoin is in very limited supply. I also don't consider luxury watches to be a classy asset, To me Bitcoin is a classy asset to invest in, and holding it will be invaluable in the future.

Besides, I think the reason someone buys branded items like watches is because:
1. To look more competent.
2. The reason for the perception of the brain that associates expensive things with happiness.
3. For reasons of showing off.
4. To be accepted in a certain social class.
5. Due to the artistic value of certain watches.
6. For investment reasons.
7. compilation of the reasons mentioned above.

Exactly. Since we are dealing with bitcoin investment here, and people have higher faith with bitcoin because of its potential returns, then it’s obvious that majority will eventually stick to bitcoin despite of its high volatility. Instead of buying luxury watch, which obviously it’s value will only depreciate in the future, then people will clearly stick to bitcoin knowing its value will keep on growing especially when bull market is around.

Actually both are good investment , luxury watches can be sell at high price as well when time passes by and we can say that it worth to invest with as well. If I have some enough money of course I will diversify it to buy bitcoin and to buy items that will not depreciate so easily . Bitcoin is a good investment we all know that and 2024 will be our season again but also please be reminded that bitcoin is volatile as well.

I would much rather have investments then a luxurious watch. Because I know that in the long run, my investments will have to pay me more, and later I can get a watch. Now while having luxurious watch is cool, impressive, and a sign of social status it is only limited to that because you only have it sitting around your wrist.
Whereas a investment you are surely going to see some financial returns in the long run. The other great thing about having investments is that you are not limited to one stock or asset.
Take for example someone who has recently purchased a expensive watch and someone who invested in Bitcoin. Over the course of time, the person who bought the watch will be able to see and tell what time it is.
But the other person who took their money and put it in Bitcoin is now rich while counting the investment from their return.

You've got a point there. Luxurious watches are cool, but they can't make you richer. They're a symbol of wealth, not a source of it. Investing, on the other hand, can grow your wealth over time. It's not about having a shiny object on your wrist; it's about growing the shiny objects in your bank account

However, it's also important to note that not all investments are like Bitcoin. Not everyone will strike gold, and there's always a risk. The dread of potentially losing your investment is a reality we must all face. But remember, every investment is a step towards building your wealth, even if it's not as glamorous or immediate as a luxury watch. The bitterness of waiting for the return is the price we pay for the sweetness of financial security. It's not a race, but a marathon

I think this is not too difficult to answer, yes, back to the origin of the demand and supply of an item, the rarer the more interested the higher the price. If we associate it with the scarcity of BTC later, maybe the pattern is the same. I'm currently dicrypto first, if I have enough funds maybe it's not just me who also has a desire to have a good watch.

The luxurious life without money is nothing in the society. When someone is living in a luxurious life and he has enough to eat in his house then he is okay, but whereby upon all the luxurious lifestyle and there is no money to attach to it then you are just deceiving yourself personal self and not the people you are trying to impress. So if you have money and you you have two options to choose. Investment and the watch then I will choose investment, and when the investment produce money income then I can buy more luxurious things for myself and help others.

I will rather go for Bitcoin. Luxury watches may look like a treasure but not as valuable as Bitcoin. Bitcoin has the potential of making thrice of your initial fund within months. If you can hold Bitcoin with patient, I'm sure you will definitely smile at last when the profit comes.

Have you ever been in the luxury watch business? I haven't had a chance to do that either because we need a lot of money to get started, but I've had a chance to see a few people do business with it, and the profits they make are not small. It's a business, and if you can do it well, its returns are even many times bigger than bitcoin investment. Profit from investment or from business depends on your ability, it does not depend entirely on the assets you hold. You will also lose money investing in bitcoin if you don't have complete knowledge about it.

Ive also watched some documentaries about those businesses that sell rare and luxurious watches in New York. Most of them also accept Bitcoin as their payment method, and most of their clients are rich, influencers, big politicians, and mostly wealthy people from other countries. They are making a big and even pandemic hit, but they still have clients purchasing it. Meaning this kind of business is really good if we know it, but again, we are not knowledgeable on this kind of business and also need huge capital, so we prefer to choose bitcoin as we already have background on it.

A luxury watch won't be an option for me, but I will make Bitcoin and other assets my priority, life without investment is like embarking on a journey without purpose or goals to achieve.

Luxury is for showing up but investment is very promising in a way that you are assured that sooner or later something good will come out of it.

When you invest in bitcoin, you might not start earning or profiting from it immediately, because of the condition of the market, as at when you invested your money, but one thing is for sure with time depending on your patience you definitely smile this also applies to other asset like real estate.

It is very risk to buy luxury watch because despite that you can sell it if you want, it will never worth the amount you bought it, the price might shrink a little considering the fact that people don't patronize the dealers frequently, in some cases they might decide not to even buy it back from because of one reason or the other.
In the process you may lose the watch, so be wise in decision making in other not to regret.

In my opinion investment in Bitcoin will be more better than luxury watches because bitcoin (BTC) has delivered significantly higher returns than other assets in recent years. People who use to spend on luxurious watches for investment they must have to aware on it's protection, they spent thousands on it and worry about wearing it and accidentally damaging it. And yes living a life of luxury never makes you better people in society but Living a luxurious lifestyle is not about displaying wealth, but rather investing in quality products that stand the test of time.

Bitcoin will still be more suitable for all of us because it is easy for us to invest in it, even for low income people. However, we should also not exaggerate about bitcoin and disparage other businesses. Bitcoin has brought wealth to many people, but that number is insignificant compared to the entrepreneurs who have succeeded in the world through business and investment in other fields. Bitcoin is an opportunity for us to catch up with the rich, but don't underestimate them and brag when we don't have any significant results yet.

I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch. 

Investing in digital assets currently offers the biggest profits, but these are risky. however, the profit in gold real estate products is relatively less than Bitcoin, but investing in them can be very safe. but it is not possible to achieve anything big in life without risk. It is also foolish to invest the entire money on only one thing. so I think it is good to invest in both gold real estate and bitcoin assets. and I would invest in both sides if i get that opportunity. so I think a good profit can be made on average and losses can be minimized

If I had a $50k watch at this moment, I don't know where I would keep it, and I don't even have anywhere to wear it. A $50k watch is for wearing just on special occasions in special places... cool and unique stuff gains value over time, so watches, and expensive cars are also investments, but they also need special care! It's not like we can just buy them and forget about them as we can with crypto... with crypto it's really easy and simple, we just need a laptop and internet and we are good to go.

If I get $50k I will build a nice house first then think about investment. and the rest of the investments must be on Bitcoin. because Bitcoin is the only currency which is very profitable and very safe investment. and its future potential is very promising. Many people are afraid to invest in Bitcoin because they are not well aware of the benefits of Bitcoin.

Those who understand Bitcoin well will invest in Bitcoin most of the time. Investing in Bitcoin seems like a risk-free investment. If you wait for a long time after investing, it is not possible to make a large amount of money.There are some people who don't believe in Bitcoin that's why they are afraid to invest in Bitcoin. I think Bitcoin is the best for investment. I have almost gained huge amount of money by investing in Bitcoin. But right time to invest right time to sell Bitcoin.

The thing about assets such as a watch requires that you have the knowledge to know what is a fake or not like you have pointed out, what makes these watches valuable and most importantly you need the patience to resell them as buyers for these aren't readily available and this kind of business isn't for the faint hearted!

I have never had the intrest of these watches ⌚️  which can be considered collector items as they just don't speak to me but on the other hand if it comes to Bitcoin...let's just say investing in BTC has endless possibilities and reselling some wouldn't be a hustle as selling a watch.

Here in my country, instead of just blandly buying a house, people tend to keep it as an asset and let the value of it appreciate overtime. Some even do let other people just rent out their house so that it would be somehow a passive income for them. Not sure if it is really an easy way to get rich from your investment, but it's one of the common passive incomes in here, and I am pretty sure it is being done also in other countries.

Yeah and it is kinda scary that some aren't really pure gold or silver and they would even tarnish in just couple of weeks.

What do you talking about? Investing in bitcoin is risk-free? Any investment is risky, even if it's land or gold, and bitcoin is the riskiest investment. No asset can offer high returns without risk, the higher the return, the higher the risk. You are exaggerating bitcoin, and what if newbies see what you say? Bitcoin is the best investment for us, those who don't have too much money and want to get high profits. It is a fact, but many people always hide it.

Unlike how you live your own life, there are many people especially the youths who love to show up their wealth. At any slight opportunity they have, they will display their wealth. These set of people will buy car pricing to millions of dollars, watches in thousands of dollars and even clothing would so much expensive.

It is about their passion and desire. Whereas a real bitcoin should not be the type that shows up wealth. A real bitcoin ought to be a secret millionaire as this will save him from external attack and preserve his privacy.

I'm the type who doesn't really like luxury goods, including luxury watches, preferring to invest assets in Bitcoin rather than collecting luxury watches in large quantities. However depending on each individual, let alone talking with a collection of luxury watches being part of a hobby it may be difficult to recommend Bitcoin as the most profitable investment. Personally, its not mistake collected with luxury watch but depend with our financial have been freedom or not, if not its seems bad ideas when spent our money for something not really important than used as investment capital and investing in Bitcoin for earning profit later as our investment assets in the future.

Depend on luxury watch have dropped values later than Bitcoin as our investment assets, but we can't compare with the other when priority have luxury watch than investing in Bitcoin.

This is true. Investment is a thing that should be done with proper knowledge and background. It will be hard to actually make profit and earn if you are doing it cluelessly. We shouldn't risk our assets and money for something we are not sure about.

Im not a fan of luxury, so will choose investing in bitcoin, digital assets, gold etc. A simple watch is what i needed, they tell same time. Yes, luxury watch can be considered as form of investment (they are made of gold/silver and studed with different kind of precious stone) and appreciated  over time.

Well everyone has a different interest in this. And usually social environmental factors and social strata are also involved in this. That is, usually those who like to invest in luxury watches are those who are mostly from people who have middle and upper economic conditions. whereas the lower middle class usually don't want to invest in luxury watches it may not even be in their mind to invest in luxury watches at all. There are also those who really do it because of hobbies and such. But I personally also fall into the category of people who don't like investing in luxury watches. Well investing in bitcoin is currently still my top choice in the digital world.

Since I am currently involved with cryptocurrencies, it is certain that I will always prefer Bitcoin as an investment. Although buying a luxury house may not fetch any good profit in future but it will be a sight to behold. And if I invest in Bitcoin as a digital asset then there is a hope that I can get a lot of profit from it in the future. Many times people invest their money in gold and hold it for a long time to earn a good profit. Basically gold is a real asset which is very much attracted by everyone in the world so it is good and profitable to invest in this gold. But if I invest my money then I will do it in digital assets because Bitcoin is currently the most trusted digital currency. And this bitcoin will become more expensive than gold at some point where people will invest more in bitcoin than gold. We've seen bitcoin rise in value more than gold in the past and we'd expect it to outperform gold in the future when the value of bitcoin rises. So I will definitely invest directly in Bitcoin without thinking about investing in other things that will help me earn money in the future.

That is the important part, no matter how rich or poor you are that doesn't mean you could not invest, bitcoin is open for everyone. This means that anything you want to buy yourself, you could decide not to and buy yourself some bitcoin instead. Like last year I bought bitcoin instead of ps5, which was a big move but I ended up makign like 2x of ps5 money right now thanks to that, maybe some more here and there.

This is why it's important to save as much as you possibly could so that you could make some money from it. I know that it's not easy, people just want some stuff and want to live and do not want to miss life and say "I will live only once" and do stuff, but that's going to hurt you in the future and prevent you from becoming rich.

The majority of people investing in luxury watches are collectors who will hunt for limited and rare items because they assess that there are aspects of profit if purchased for long-term investment, but you need to know that they are high-class economic investors because they already have major investments in land, gold, properties and more, they have diversified investments for different profit opportunities thereby leveraging the hobby watch collector for a sure investment for high profit potential.

This luxury watch is included in a piece of jewelry that is usually hunted more by rich people and also collectors of luxury goods in this world. Because watches with the highest level of luxury are usually not created in very large quantities, so there is a certain limit to these items and that is what causes them to be very expensive apart from the elements contained in them, such as gold and silver and even diamonds or pearls. So the price will also tend to last and may even increase when the watch is being chased by many rich people.

Whereas simple people or people who are still poor, of course, will prefer other assets that are no less useful to them and can also be considered as a better investment vehicle, as in the example of Bitcoin. So this always depends on the choice of each person accompanied by what kind of needs they want so that they can make their own choices through very mature consideration, of course. And I think there's nothing wrong in this as long as one knows how to choose the best for himself.

The best way to buy any luxury such as a watch is to purchase a luxury with the profit or money you have made from investment, meaning I prefer to invest in Bitcoin to owing a luxury watch. The amount of money that I will use for the purchase of a watch if I invest that funds in Bitcoin It could buy that luxury watch x2 in the future,  Though there is also a possibility that I won't make a profit, the probability is low if I hodl.

Until now I have no plans to buy luxury watches, of course, because I don't have money to buy luxury watches, anyone of course wants to have a luxury watch, unfortunately many people are too ambitious to owe to buy luxury things, it's better to invest bitcoin because we don't know what will happen in the future.

maybe the answer you will get is different for everyone! in my country only those who are really rich can have watches worth thousands or even tens of thousands of dollars. I don't really like luxury watches that cost thousands of dollars so my answer to this question is I will not invest in luxury watches, it is much better to invest in bitcoin or gold.

The need for land can never diminish, and same as the need for real estate, bitcoin and gold, which I'm sure in most cases those expensive watches are always made of pure gold. But personally, i'm no celebrity, a public figure, a social media influencer, politician, or even billionaire businessman, that should care about trying to show up with a luxury wristwatch or anything luxury when these assets such as real estate, landed properties and Bitcoin whose value likely to triple or go 5x still exist. Because luxury is meant for wealthy individuals, of which if I'm to choose between a luxury watch and Bitcoin, I will go for Bitcoin as a lover of digital currency and for security reason, as watch can be stolen, but land and real estate  can never be stolen

I'm the same. I'm not someone who understands the trend of buying luxury clothes and accessories which will most likely will either lose it's value after a few years or will not be as popular as it is now. I would rather buy cheap but decent clothes and accessories while investing into bitcoin where I know I'll be earning.

You're right, why should i made a choice of what has the least security means of getting it safe from been stolen, how am i going to be sure that the watch am going for is not fake in disguise for gold, no one can fake bitcoin, it can be prevented from third party or being stolen, it's more profitable, getting it requires no KYC because bitcoin is decentralized and uses a p2p network, one can also easily lost a wrist watch at anytime and the whole item is gone for good and can not be recovered.

I don't have any luxurious items either, and even a single watch I don't have. My clothes will last me 3–5 years or more, and I rarely buy one, but comparing it to investing in a luxurious watch is very different because it is not something I want; this would be like gold in that it increases in price over time. I am not an expert on watches, but a lot of people are buying and selling them, and I mean rich people who want rare watches that they will pay no matter what the original price.

I believe the reason is related to the pure and wealthy materials used to craft such luxurious goods, plus the handmade job executed by the artisan. By acquiring legit goods of that kind I think you can do a great investment, however it's not that easy, because it requires skills to identify what is legit from copies, which are also pretty common on this industry. There are lots of impersonators earning money scamming investors.

For that reason, I belive it's preferable to invest in BTC, because even a layman can spot the legitimacy of the investment without any difficult, therefore it's likely to have less chances of being scammed when investing in BTC than when investing in luxury goods.

I'd prefer to stick with investing in Bitcoin with the current expectations about the coming halving everyone would like to have a taste of it. Going for the luxury watches is like using your money to get things that you can use just to show off, no matter how expensive and how you can resell it I still can't go for that if it were me.
Instead of me going for those watches I rather spend those cash on purchasing Bitcoin, let it be in my trust wallet wait for it till it will get me the profit I want. Bitcoin investment and real estate is more profitable to me than those other ones listed there.

I believe what you opt for is the right choice for people like us, but we should still not generalize things as the status of the person in question matters. And to me, the discussion in a contest might still not be so detailed as there is individuality in all that we do and we can't absolutely define individuality without their status and reasons for their actions genuine or not. What am I saying? Choices will never be the same and we can't crucify anyone for it. For me, I will go by your choice, but some would do otherwise since they might even have another alternative to Bitcoin for investment and earnings and might not need Bitcoin as a choice. While some other people use luxury items for reasons, it might be for marketing or influence and it has their benefits in some other climes. So, everything isn't about Bitcoin, some people invest indirectly or connect to their society and relevance for business through luxury lifestyles.

The perception of people are different and most people that buy luxury watches and goods most of them don't really just were it for fashion sake but for status and recognition and at the end of the day they still get to sell that watch for a very good amount or even rent it out just like people that have luxury cars don't drive them but allow people rent it out its another way of making good money. Recommending Bitcoin is good but what i understand when you want to enjoy Bitcoin you have to have other investments to actually take your attention away from Bitcoin, but putting all your eggs in one basket is not really a advisable.

Bitcoin is future money, therefore if you want to invest in it but don't have any other businesses, assets, or sources of income other your employment, you'll likely end up selling the Bitcoin because you were just interested in it. It will be difficult to picture a luxury watch losing value if it has diamonds or even gold in it.

I agree with you. Just because it has the word luxury in it doesn't mean it wouldn't hold future value. In fact, most of the rich people I am acquainted with invests in a lot of luxury goods that they know will have a good value after a few years as not only will they be able to use them but one day sell them for a higher price and make profits.

I completely agree with your choice to invest in Bitcoin instead of buying a luxury watch. My experience with Bitcoin since 2017, allowed me to grasp its distinctive qualities that make it unique asset. Bitcoin is not only store of value but also hedge against inflation due to its limited supply. It can truly transform the financial fortune of those who continuously accumulate Bitcoin in bear market and  have strong faith in its potential of remarkable growth in the long term.

Some rich people will invest in luxury goods and they also use them to increase their self-confidence to be fashionable and stylish, but you need to know that investing in luxury goods is not a guarantee of getting high profits if we don't maintain the goods and don't repair our watches if we use them too carelessly.

The level of profit from investing in luxury goods varies greatly depending on the type of goods, limitations, demand and quality of the goods. So we have to join the collector group because they are market players who can increase the price of investing in luxury goods

Hi end $25000 watches have done okay over time.

My choice would not be a watch or 2 or 3..

Since I do know shit from shinola I would not mind buying a nice shinola watch to wear maybe a $500-1000 range model.

As for investment in no particular order bonds,gold,silver,platinum,palidium,real estate ,bitcoin ,LTC and Doge.
A mixed bag 💼 works for me.
Would make up my portfolio

Don't you think your entire opinion about luxury watches is applicable to Bitcoin as well? The hype and the brand name it holds lead to the high price. Bitcoin is a brand, the first crypto currency, and don't tell me about the hype. When competitors take over the brand, it's the end of the product. No one can be 100 percent sure about Bitcoin as well. And tell me about the risk we put into the market. Before you point out the negatives of other investments, you should think about your own first.
In my opinion, everyone has their own investment area and strategy; nothing is less than others unless we have a profit and people are satisfied with that. Everything has its value because people think it has value; it becomes less expensive when people think otherwise.

You are right that every one has his own strategy but I don't know about the investment area what is your aim. If I talk about my area, most people in my area prefer investment in gold and real estate. In my area very few people know about Bitcoin while no one knows about expensive watches. So people in my area will never invest in expensive watches.

I would slightly disagree with you that nothing is inferior to others. Each thing has its own value but it can never be equal to another thing. Bitcoin, gold, real estate, stock exchange all have their value in their place but they can never equal each other. Some have more profit, some have less chance of profit, some have less risk of loss, some have more risk of loss. In some investments you may get good returns quickly while in others you may have to wait. Therefore, every investment has its advantages and disadvantages which can never be equal in all.

Why on earth will I chose a luxury watch over bitcoin, actually though, this is the first time I am learning that luxury watches appreciate in value, have never heard about this before, but then, no matter how this watches tend to appreciate in value, I will never choose any of them over bitcoin, and this is because just as you (the op) have said, interest in such items may diminish over time which may as well affect their value in a negative way deeply, due to lack of interested buyers and great number of sellers.

So no matter how good a return on investment luxury watches promise, I will never choose them over bitcoin, and beside, I will never buy a luxury watch and consider it as investment, if I am ever buying one or more, I am buying them for my personal use, and not as an investment, if I want to invest my money, I will invest in the right assets like bitcoin, shares, real estate and so on, luxury watches are no assets to me, they liabilities as far as I know.

Well, a luxury watch is also considered a good investment if you know what to look for in terms of quality and design. Aside from that, it appreciates depends on the material, rarity due to limited numbers being created, or a certain collector offering a big amount over it. The same with Bitcoin, it was also considered a good investment if you know more about the technology, its use/function, etc.

But yes, you may consider Bitcoin as the only good investment over a luxury watch as we know more about it. Better to invest in what we know than to invest only because we know its price does appreciate.

I have always thought possession or ownership of luxurious commodities are just for showoff to indicate the owner is of high class. Never  knew these things appreciate and some people even see them as assets. But notwithstanding,  I would rather invest in a tangible project than buy a luxurious watch.

With the way technology is advancing, how sure are we that the luxury watch will still be of class in few years to come? I will only consider the luxury watch if I have enough investments and the returns from these investments can afford me a luxurious lifestyle.  

Everyone can do what they think is best for them but as for me, investment first before luxury.  I do not have to stay broke after spending on a luxurious watch.

Luxury watches for many men are proof that they are very classy.  In fact, i also really like luxury watches, but if i compare it to investing in Bitcoin or gold, i will put that aside, because i know that luxury watches are only of interest to a few people, while Bitcoin and gold has the potential for its value to continue to increase for decades to come, well bitcoin is the best investment asset at the moment in my opinion, luxury watches and luxury cars are just a liability for me, not an investment.

I want to do both but not like most others. What people do is when they have some extra money in their hand they go to the market and buy expensive things which brings more liability with them. Most people don't know the difference between assets and liabilities which is the biggest reason they can not progress financially and end up in debt. The right approach is to make investments in assets and the profit that assets generate can be used to buy expensive things if you want to. I think if someone understands that it is more fun to make wealth than to have an expensive watch or car then he won't have those expensive liabilities anymore.

Both are good investments in my opinion. Luxury watches aren't your typical expensive buy my guy, when you take good care of these you're literally looking at 300k profit by the lowest, also depending on the brand of the watch you're buying. It's also worth noting that these are tangible, you can wear as a statement piece, or you can just keep where you could see it to be a conversation starter. Bitcoin on the other hand, isn't so bad of an investment purchase either, just cause it's not tangible or it's volatile lol.

I think we should stop comparing apples to oranges here, if given the chance I know most of us will take both options knowing that these two could bring you money. Why choose one when you can have both?

Showing off even if you arent really that totally rich is something a very common type of behavior on us human beings. We do really love on trying to show that we are on trend, we are on having such class,
we are something that has some standing and popularity and recognition via purchasing out into those things which are really that a normal human being behavior but we know that there are ones who
are really that good when it comes to self control and discipline or something that do talks about financial management which we know that not all would really be having this kind of mindset
but rather they are really that focusing on trying out to impress other people and this is the reason that they are really that a fan on buying things.

On the time that you do see that you dont have emergency funds on the time that you do have financial struggle then this is where self realizations do happen.
Regret do always come at the end and not from the start. This is why it would really be that always best that you should really be that mindful on whatever actions that you would
be making so that you wont really be ending up into this kind of scenario on which you are really that struggling with your finances.

I'm actually quite surprised why people are interested in spending a lot of money on a watch that in fact is only worn on the hand, it's the same with women's bags (hermes brand or louis vuitton), some people make the price seem unreasonable.

While I have no desire for expensive items, I just want to invest in Bitcoin - gold and property. I often fantasize that if I had bitcoin at the current price, when the price of 1 bitcoin = $100k then the value of the money I have would increase 3 times and that would be very profitable for me. However, for gold, the price tends to be stable, while property is an investment asset that is not easy to sell, only Bitcoin is the best and has very high interest compared to gold and property.

Those people who are into these collections and investments are probably also the same thing as us. , how could these people invest in Bitcoin which is just an intangible thing, and internet money? The price seems to be unreasonable and expensive and it's an unseen thing that they only see the projection of its value through numbers and can never touch it. Until the explanation goes on why we're on it and the same goes for the explanation for them.

Bitcoin has a market, while these luxury genuine watches and bags have also their respective markets.

Exactly. If I am definitely able to get into both worlds of these two, why not? although I am currently in one so it's the luxury watches that could be my next target.

My choice fell on Bitcoin rather than choosing investment media that smells like luxury, such as limited edition watches or luxury watches that have a two-year production waiting list to be able to own them. I am not a knowledgeable person in investing in luxury watches, so I cannot speculate on luxury watches as a good and profitable investment.
Each type of investment is based on a speculative point of view. To determine whether something is a good investment, then the question arises will its value increase significantly over the investment period.

In general, Bitcoin and luxury watches offer investment opportunities, but the two cannot be compared. Personally, Bitcoin offers a fun way to invest some money that is ready to lose. I know, investing in Bitcoin involves significant risks due to its inherent volatility, but despite the perception of any risks inherent in Bitcoin, the fact is that Bitcoin continues to shine as it has gained widespread recognition and adoption.

Some years ago I always thought of purchasing a branded watch worth a few thousand dollars. But my desire changed when I heard some doctors advising people to remove their watches in order for their blood to circulate freely in the wrist area. It's also my first time hearing that watches have small radiations too.

Nonetheless, watches are my last choice when it comes to investment. There are too many choices that I preferred first; bitcoin, altcoins, real estate, stocks, businesses, and jewelry. But for those who have lots of money, having a limited edition or cool branded watch is just part of diversifying its assets.

I think it's okay if it's a small radiation on the watch. Because it is common for everyone to wear a watch because it is one of the complements of appearance to look more presentable, but if you buy a watch that is high priced or expensive, in my opinion it is not mandatory because basically the function of the watch is only to show the time, many people prioritize style not function, but that's up to them if they can afford it, there is nothing wrong with that. But for myself, it's better to wear a standard watch because it only prioritizes function.

Even if I have a lot of money I prefer to save it and invest it in anything as long as it is clear with the rumors, one of them is with Bitcoin, I believe that investing in bitcoin will produce in the future because seen from previous years bitcoin has always increased. And there are already some people who have been successful because of bitcoin. So I myself if I have more money then I prefer bitcoin to luxury watches.

I would invest in Bitcoin if I have a lot of money . I would 5 percent of my wealth in Bitcoin  that will help in long term because in long run it's price will go high. I would also invest 25 percent of my wealth in gold because gold is good assets that will help in crisis.Gold can't give high returns because it is not a cryptocurrency,then I will invest 25 percent of money in property that give a good fare to me. I would also invest 25 percent of my wealth in shops that are rented. I will take rent from tenants. Then the rest of 20 percent I would invest in business that I have knowledge of.I am a big fan of Bitcoin  because no  investment is like of Bitcoin,Bitcoin is unique and it is famous because of its success and no crypto can compete it.

From the sorting of capital and the percentage of capital that you will place in several investments, your future already looks pretty good because of all the investments you said, it is indeed a pretty good choice for everyone without exception. Although each person may place a different percentage of their capital in each of these options because it all depends on their individual tastes and skills in managing them one by one or simultaneously at one time.

However, everyone also needs to realize that not everyone is able to place their funds like that in all of these investment options. Because there are also those who are not able to maintain them simultaneously at one time and there are also those who are still hampered by their respective abilities so that each investment option can only be carried out one by one at different times. However, from what you have said, it is actually quite good, although everyone will also make other considerations before choosing all these investment options.

Looking at current prices, most cryptocurrencies still have good prices, still in the low category and I think BTC is also still not above 50K. Now, I see you seem to be a big fan of BTC, the question is how can we make money here and that is the dream you have to make come true now so that you can achieve what you wrote above one by one. If your luck is easy, keep buying BTC and don't panic when you see the market if there is a correction, just think of it as a good opportunity to get a cheap price but in the long term this will give us good profits.

Lack of understanding is why people will choose anything over Bitcoin, some people believe that they are wasting money when you ask them to invest in Bitcoin, and they are educated people, I expect them to do their own research but they have this crazy mindset and they don't want to see anything else work except Fiat currency.

To them, if it's not from the government then it's bad for them also, in a world of government corruption it's a shame that people are not thinking for themselves, the government who can seize everything that belongs to anybody if they want, there must be something that can make you two steps in control over the government, this is what Bitcoin have done for me.

Bitcoin grows in value and this is also another reason why I will surely choose Bitcoin over anything else, with the knowledge I have about Bitcoin I believe that buying Bitcoin will enrich me further because I understand how Bitcoin works.

Diversify as much as we could and this is something that would really be that important if we do speak about investment because we cant really just that make ourselves focus on a single point because we dont know on what would really happen into the things that we are investing in, on the time that damage has been done then other investments would really be able to patch up the damage on which it would really be just that normal that recovery could really be possible comparing into those individuals who are focusing on a single point or having that all in thing but ended up on getting wrecked when crash do happens.

Basing up on the selections neither a luxury watch or invest on bitcoin or other assets then it would be on someones choice. If you do have tons of sources then having some luxury items wont really be that bad
but if you are someone who are really just that an ordinary person who hadnt that much money but thriving out to buy something which is expensive then this kind of act is never been that advisable or something that would really be recommended. Its always better that you should really be thinking and mindful about investment thing rather  than on making yourself that get caught one day on struggling about finances.

you can't expect everyone to be interested on this market. my take on this is that, follow what you think is right for your hard-earned money. as long as you know what you are getting into, then, it is the risk you are willing to take. no one should feel obligated to invest on this market. should be on their own free will, because if it is your own choosing, you will have passion to learn more about the market that you will invested on. learn the ropes on your own and find ways how to exhaust its potential to your advantage. because no one can truly help you on this journey but yourself alone.

I prefer to invest in bitcoin than luxury watch because we see that bitcoin is growing, the luxury watch is because after a few months or years its value decreases, it depends. We can say that bitcoin is like gold, we know that the value of gold increases as time goes on, so others also invest in gold. As for me, a watch is just a watch, no matter how expensive it is, it's still a watch, we can sell it, but I don't think it's for the price we bought it for.

Why would I go for luxury watch? I do not even see anything that it offers that is interesting for me to decide investing in it. What if the watch spoils somehow? ;D. Okay, on a more serious note, Bitcoin is a way better investment because you can easily trade it at any day and anytime. No one will start asking you what brand of Bitcoin it is, how much you got it, or any of those long protocols of selling a luxurious asset. Oh, and you have to secure it again too… remember it’s physical. Even if there was no Bitcoin, I can use the money for something else other than investing in a luxurious watch… it just sounds weird (maybe because I don’t have that money).

I reckon. Because despite that we're on a bitcoin forum, most of us are gonna easily say that we'll choose Bitcoin over any other assets and forget about that luxury watch because we can eventually buy that when the price rises in the near future. But still, someone might be able to choose those watches, jewelries and other assets that they think is suitable for them. So that's it, it's all about the suitable assets and investments that are good for our liking. We like Bitcoin and we'd no brainer gonna choose it over any other choices and we have to understand someone will do the opposite.

I will vote for the watch but with one very important proviso.    Iam going to need to be gifted the expertise in the watch making and history to reflect the market for that asset, give me that depth of understanding and appreciation and I can justify owning such a nice luxury.  I have no need for a watch in this modern era, its nice I like the idea but if anything I'd rather own the watch my dad gave me before he passed away.  The reason I wear no watch every day is because I frequently have to lift very heavy awkward objects, scrapping my arms or wrist against maybe brickwork or a rock wall which will break anything quickly; anything nice I own or wear gets wrecked or worn down.   So the only watch I could wear would have to be indestructible I think even the best ones will scratch and break under blunt force.  Unfortunately Im bit too rough to wear anything nice, just the way it is so it'd be kept in a box and never seen most of the time which is a waste mostly unless for investment hence my proviso.

Luxury watches grow in value overtime especially those that have a limited edition kind plastered on their boxes, they're expensive but they're well worth your money because they quickly grow in value but if I were to choose, I'd still go with bitcoin because I can get in to bitcoin much cheaper compare that to these luxury watches where it can go at a 20k USD at a minimum and that's not even the ones that will grow in price exponentially.

Seems like this isn't about its function, but rather its value as an investment. It's true, watches serve the basic function of telling time on your wrist, but you've probably heard about watches gaining value due to limited or rare editions. Not every watch appreciates in value after purchase, so it's a bit like a speculative market for collectors.

Similarly, BTC was initially designed for p2p transactions, but now many use it as an investment tool, capitalizing on price fluctuations. Anything with potential to make money will always have people maximizing that potential.

Choosing a watch isn't wrong, and choosing Bitcoin isn't wrong either, as long as the user understands what they're doing. If you're a watch enthusiast, you'd likely be aware of opportunities in the watch market. The same goes for Bitcoin... to get profit from Bitcoin investments, at least some understanding of the Bitcoin market is necessary. It all depends on an individual's level of knowledge about the item they're buying, and every choice will have its reasons.

It is not obligatory for rich individuals to own luxurious watches. I am not rich so there is more justification for me not to possess a luxurious watch. I am satisfied with my affordable watch that can serve its purpose.

I would choose to utilize the cash and put it into Bitcoin, gold, or stocks. Bitcoin is my ideal pick if I only have to choose one.

Real estate is an expensive asset and can cost more than the common luxury watch. You can earn rentals from it or start an agricultural business and earn a steady income. Use the income to invest in bitcoin, gold, and stocks. This is the best pick but only if you can afford it.

Maybe in the future, if I am a rich person, I will consider investing in luxury watches, seeing that it can convince investors to believe in the business I am building. However, looking at my current condition, investing in Bitcoin is much more realistic and profitable for me. Investing in Bitcoin does not require millions of dollars like investing in luxury watches. I can start with small capital and build my portfolio slowly, but over time I am sure that it can give me high profits.

It really is not obligatory but rich people often view luxurious things as just something that satisfies them if bought i see lots of replies here saying that luxurious watches are also investments because if you buy a model that is rare or limited then you can sell it for a higher price in the future and i guess this goes the same way for other luxurious items like bags or shoes

I am not a rich person but usually i would say that these rich people, when buying luxurious items they do not really think of it as an investment even some collectors just collect just because they want to

Maybe someday when i am rich enough to afford a luxurious watch AND invest in bitcoin i can have both

First of all, I am not a luxurious person, and I have no passion for such things. I would rather use the luxury purchase here as a crypto investment. At least in this way, it is possible to produce a profit.

Instead of buying a luxury that can't be considered an investment, I remembered that I watched someone when the iPhone Pro Max 15 was first released. There was an interview, and he was very happy that he had bought an iPhone Pro Max or that he already had one, and he said that it was a good investment. I just laughed because what he was saying was not true and he didn't seem to know what he was saying.

Every expensive gadget, as time passes, decreases in value, not increases, unlike real estate, which increases in value as the day or time passes.

You're right about luxury vs. bitcoin from a typical investment perspective. It's simple, right? Luxury items depreciate; it's like watching money evaporate. Crypto? Though hot in the investment world, it's volatile and unpredictable. Prepared for that roller coaster? Yes, the iPhone Pro Max guy is wrong to assume it's an investment. However, investments aren't always about money. Could he value it for its delight, status, or utility? We can't ignore that.

You're emphasizing that tangible things like real estate appreciate. It's investing 101. But consider intangible returns from certain purchases. Sometimes value lies in the experience, efficiency, or delight, not the resale. Balance matters. Not everything can be painted the same. Crypto's a hot ticket, but not a cure-all. You need market knowledge and strategy. Calculated jump, not blind. Making that calculation?

Now, comparing watches to Bitcoin? That's like comparing apples to…well, whatever the digital equivalent of apples is. Bitcoin's a whole different beast, a volatile volcano of speculation and potential. It can soar to dizzying heights, leaving even the most jaded investor breathless with excitement. But it can also plummet like a rogue wave, dragging your hard-earned cash down to the murky depths of despair.

So, which is better? Watches or Bitcoin? The truth, partner, is that there's no one-size-fits-all answer. It depends on your risk appetite, your knowledge base, and your definition of "investment." Do you crave the tangible, the physical heft of a finely crafted timepiece? Or are you drawn to the intangible, the thrill of the digital unknown? As for my choice, I will lean towards bitcoin. Perhaps in my personality, I love adventure and excitement, so bitcoin will really be an asset that can help me become a "money person" in the future.

   I respect your decision of  not being  a luxury person but I disagree in the part where you not considering some luxury items as investment.  I believe you read the OP post before coming to say this, he made it clear the kind of luxury his was referring in the context, and those are really good investments plan. Owning some of those expensive watches are also part of investment, they are even some art works that appreciate with time as well that is if you’re an art person, some also worth millions of dollars. I really can’t tell what makes them have so much value like that, but I’m just pointing out that they are not bitcoin or real estate.
   Owning a gadget is no form of investment, no matter how expensive it might be. Because as time goes by new features and grades will come out.  Personally I love luxury and love to keep it simple and being a watch person.  Having this expensive watches is my dream and joy. I am better off with my watch than having necklaces on. This doesn’t mean I won’t also invest in crypto and real estate to. The aim is to have them all, and hope to have best yield from any of the investments.

Totally true dude, that's why luxury people are really rich people, because they have a lot of money they don't think about whether they're wasting money, because you know they might be having problems with how they're going to spend their money. Maybe that's why they spend it on buying luxury cars.

But for other rich people who are not that fond of luxury cars, they spend more on investment than this thing. So, we should always be there to produce profit from the investment we will make.

High end watches are good source of investment as it commands good return on investment over time like paintings. Investors should always diversify into many portfolios because there are up and downs for all investment.

Choosing a luxury watch is a matter of taste and perhaps those who buy luxury watches have much better finances so deciding to buy a luxury and expensive watch is not a problem for them.
But if the question was addressed to me then I would definitely prefer to invest money in a much more productive place, such as buying several assets that have good potential in the future.
People tend to look at things based on need and suitability and if this question is asked to people who do not have good financial resources then they will choose investment.
But in reality, almost everyone would love to have luxury and expensive items, but it all depends on someone's purchasing ability.

What you say is very true, this really depends on a person's taste and also their ability to own a luxury watch, of course this is not a problem for them because they can buy it whatever the price.
Yes, I will also do that because I am very uncomfortable wearing a watch because I am not used to wearing watches, whatever the price, for me it would be better to invest because I have many needs so I have to prepare well so I can achieve what I want.
Indeed, everyone wants luxury and expensive goods and only some people are still comfortable choosing a simple life and having investments that can guarantee their future.

Well for me those list of watches are considered as an asset because of it's collectors value. But for me a $100 GShock watch is enough because to be honest I can't afford to have expensive watches like Rolex or Patek. As a primary investment choice I personally prefer real estate, precious metals/stones and Bitcoin beacuse all of them are future proof. But if given a chance to buy a "collectible luxury watch" then why not?

i have never considered buying of luxurious watch as an investment to be very honest. If I am not wrong, most wrisk watches becomes outdated after a while and apart from the authenticity of the material used in the making of the watch, most persons would want to buy a recently manufactured watch with a current design and aesthetics than going for one that was manufactured five to ten years ago.

Bitcoin has proven to be very volatile in a positive sense and although at certain occasion, it value might reduce, deoreciation doesn't act on bitcoin and I would prefer it over wristwatch investment anyway and anytime.

Yes bitcoin has potential to profit a big amount in long holding and bring chance a luxury lifestyle. Among the cryptocurrencies, Bitcoin is a coin that is very valuable and has a high demand in the market due to which investors prefer Bitcoin.  If you invest in other assets you will profit but it will be slowly but Bitcoin will boost your profit which will give multiple times more profit in short time than other assets. So surely Bitcoin can be a good investment choice for a luxury lifestyle. I agree on this

Depending on the type of luxurious watch you are referring to. You would have given specifications and the worth of the luxurious watch and the amount that is to be invested in Bitcoin or other assets. Let me for example i have the option to choose a watch that costs about $24k and a cash of $24k to invest in Bitcoin and some other assets.

Personally, I would choose the $24k because I could get a watch at a lower price since I am not interested in showing high-classy lifestyle, then use some part of the money and invest in Bitcoin, start a business, and also invest in other assets. On the other hand, the luxurious watch can be a store of value. Watches with diamonds and all that can be saved for some time and sell them in the future.

Not to brag on this but i still have both and I'm still quite comfortable with what I'm doing without having to do a pick and choose comparison of what to do whether it's having an expensive watch or being in bitcoin as long as I can do both then I guess it doesn't matter.
Although in this case when compared in terms of price it may not be said to be expensive for others but I still think it is an expensive watch for myself and it is also one of the assets of what I have because in the end this can also be used as one of the investments that I do.

Its not about wasting money but I think that this is a pleasure that I have and this is a self reward for me for the results of the hard work that I do. As for being in bitcoin it is also a very good thing and I still do that until now but that doesnt mean I cant buy what i want as a form of self reward for myself.

If you are someone who do have that money then for sure you wont really be caring about on how you would really be spending it out but for those someone who are really that targeting or aiming on having that better financial life or capacity then pretty sure that they would really be giving out priority in speaking about investment and other correlated stuffs on which we know that this is the smart way on making yourself having those chances in speaking about better finances because these are the only method on which things makes even more better but of course you should really be that mindful in speaking about the risks involved since we know that in investment or similar venture then there's always a chance on wrecking up yourself but it is really way more better or more worth to try rather than on having no actions at all.

In speaking about buying up some luxury things then it isnt really that bad as long you wont really be having that any problems when it comes to funds on which you could really be able to
sustain up yourself despite of having that kind of spending.Whereas, it would really be that totally different to those who do have just only sufficient amount of money
but still giving out that kind of priority spending.

That's right bro, those who buy luxury watches are rich people, as if for them it's an investment because maybe they're making it a collection. With so much money, they don't know how to spend it, so maybe they are buying any luxury items. I believe that not all investments are about money.
I also dream of having luxury watches and luxury cars that's why I work hard to fulfill and get what I want in the future.

Owning a luxurious watch is not a big deal, depending on the value of the watch compared to the amount of Bitcoin to be owned.
Despite the choice of the person, it is good to put into consideration that the price of Bitcoin will definitely appreciate with time only for those who find it necessary to hold for the long term and there is every tendency of it surpassing the cost of the watch.
So the better option will be choosing Bitcoin over the luxurious watch.

Asides that, there are actually many brands of watch and many products too out there. I don’t trust the idea because someone has too many options to choose from… instead of buying this brand you have, they may rather buy the other one. And what if you need the money really urgent and then you are forced to sell, you’ll likely sell it for a lower price because someone can rather buy one which is out-of-the-box than buy the one you already unboxed.

I will definitely choose bitcoin and gold as investment assets. Because if I choose a watch and make it an investment asset, it doesn't feel right to me. Apart from investing in a watch, there is a risk of damage. So I'm not really interested in investing in watches.

When we invest, it's important that we know what we are getting into and has a knowledge about it to become familiar and to know how can we take advantage the opportunity. Well, I know luxury watch is a good investment because I used to watch a luxury collections of the popular personalities here. But it's not my interest (I don't even have a cheap one since im not using watch).

That being said, when it comes to investing, I prefer Bitcoin and gold (real estate is also good but we need a decent capital). Because that's already proven by me as profitable and of course I have knowledge about it.

Well, based on my standing right now, of course I'd rather choose to invest than own a luxury watch. Yes, it's every man's dream to own a luxury watch; that's how we are, but it's still practical to enable us to invest and grow the money, so in the latter time, I can't just own a luxury watch; I can buy it whenever I want. You see, these days, it's more wise and practical to start a business or to invest so that you will not just rely on your stable job. In short, don't be content with the minimum if you want to achieve something greater. Have the courage and the mindset to grow both yourself and your financial state so, in the future, you can own what you want without restriction. It's more satisfying if you can afford those things that you know you can't when you have nothing, so it should be a goal—a goal to invest in and to succeed.

But not everyone who has a lot of money sees expensive watches that they will buy to wear just for style. Still, this kind of watch also has good investment value in the long term because of the limited production possible.
Talking about suitability, perhaps the lower middle class would prefer to invest rather than buy a watch, especially when talking about the availability of money, which they will definitely never be able to afford.
The desire to own luxury goods at expensive prices is a common thing, but speaking of opportunities, not everyone can have them so there is no need to think too far about having something that we cannot possibly get.

Its just a wrist watch...anyways,how does owning a luxury watch mean to me?like why must I own a luxury watch.....

Its not a bad idea to live well or being able to afford a luxury lifestyle but in most case I've never considered owning a a luxury watch against my  financial situation,,most people prefer to own so many luxury watches than investing.But I'll love to own a collection of such luxury watches and run a business as a side hustle.Isn't that also an investment;owning a collection of high quality and high branded luxury it simply going to be interesting.

Exactly! there's nothing wrong if you want to experience having a luxury things in life but always remember that do not live within your means. It's better if you weight things which is more important and worth it to have, I don't mean to say that luxury watch isn't important but with the value amount of that watch, you are able to buy and to invest many important things unlike having solely luxury watch. if you have a money, you can diversify it to different type of investments and assets.

I myself think it's just a watch whose function is only to see the time, nothing more.
but this depends on yourself, because there are some who have luxury watches, not just one, but maybe many and indeed perhaps this could be called an investment, but I think if they have many luxury watches it is more directed towards a hobby that where they like to collect luxury watches with high price values.

different from me, when I have a lot of money I don't think I will buy a luxury watch, because someone's quality standards are different, if I prefer to prioritize the function first, I don't argue with those who buy watches at high prices, because that's why their rights, as long as they have enough money to buy it then it doesn't matter, but I myself prefer to invest what I have rather than buying it for a luxury watch that has a high price. And indeed there are people who like to collect old school or luxury items, for no apparent reason they have a high price, so you could call it an investment too.

They are obviously liabilities because in an onset, it is not considered an asset neither does it profers you financial benefits and incomes generations at the times of its usage with you. They are basically termed to attribute your personalities with the huge tittles of living an expensive life with expensive belongings. There is no financial benefits with such status of portfolios.

Usually those who have such collections do so as a hobby. The choices made by people who do not have money problems can be very normal for them. When a rich person wants to make such a collection, they do it.

It is not right for people who don't have enough money to spend on such things. A person may have such a curiosity, but if the economic conditions do not allow such a process, it should not be done.

I would probably behave like you, that is, I would prefer to invest rather than spend like that. As you say, a person who has enough money to buy such a watch is free to do what he wants. It's about preferences and we can all think differently.

The benefits are only limited to social status in society because there are not many people who wear expensive goods in society so those who are like that will be seen as rich people who are considered successful. In fact, there are no benefits other than that, unless someone can collect rare expensive items to resell at a higher price to other rich people. Because most rich people like that are looking for profits through this other than through their own business from various fields and sectors that are more focused on.

We have to invest according to our needs and the finances we have according to our monthly income, so not everyone is lucky enough to be able to invest in luxury watches that cost hundreds of thousands of dollars, but bitcoin investment can be reached by all economic groups. I agree with your opinion that it is better to diversify into various investments rather than placing investments in one place, we do not know how unpredictable the risk of the investment we choose will be for future prospects, at least investing in different types, bitcoin with gold or real estate the possibility that other investments can recover losses from other investments.

It depends, maybe a few, yes, I will buy 1 or 2 luxury watches, but if I want to protect my money, overall I will buy Bitcoin and gold, especially Bitcoin, which is the easiest to carry anywhere and without the energy to move it.

Both can be liquidated but it's harder with the luxury watch. Why I am thinking of can be liquidated easily because in times that we need money, are you able to get it quickly? With Bitcoin, it's easy to liquidate it and for some other assets, it will take time like with real estate. As for a luxury watch, I still have no experience on it because I don't own one but it is on my watch list and I am starting to learn how the market on it happens to be in my locality.

This is one of the reasons why I love to invest in Bitcoin compared to any other physical assets. The convenience, hassle free and stress free possession of Bitcoin is unrivaled.

I agree with you, rich people usually do things like this, collecting items that have a high price value, because I also think that when someone is used to luxury items they won't be able to afford to wear or use items that are below them. I don't know how but I think it's like that. Moreover, those who are rich also don't have problems with finances so they can do whatever they like. because that is also their own right, but even so, there are definitely friends or family who remind them not to overdo it.

That's right, if they don't have enough money or don't have a large income, then this shouldn't be done, because for those who don't have a large income but doing something like this might cause them financial difficulties themselves. This is not a problem but this is just a difference in our thinking in managing finances. If I have a lot of money, I would be better off investing it, such as buying a strategic place and then renting it out or using it myself with the business I run. I myself don't really like buying clothes or accessories that have high prices, because I prioritize function. If that's the function then that's enough, don't overdo it.

Even though investing in watches has fantastic value, this form of investment is only favored by certain communities or hobbyists and cannot be enjoyed by all groups.  I think investing in Bitcoin or other assets will be much better and can provide much greater profits in the future

If the assets I own can no longer be counted, luxury watches are not my hobby to consider, even though my economy ranks number one in the world, for example.

Until now I have never worn a watch, whether it is a cheap one or an expensive one, for me watches are very complicated and annoying for me, talking about investment of course I will do it in several places, The main thing is Bitcoin, then other things such as gold, land and so on. For me, watches are inanimate objects, not assets that can be said to be the basis for investment.

The age I am in, I am looking to secure my future so I am more interested in asset building and investing in stocks and bitcoin. Luxury items are not my thing, I consider it waste of money until you have a lot of money. Why buy an expensive item when you can manage with cheaper option. At the moment, saving for the rainy day should be our priority. As I am looking for a PhD position so paying application fee is more important for me than buying an expensive watch.

This is a good question you raise here, and one I think a lot may be misinformed on.  Yes, there are certainly watched that make for solid investments.  For whatever reason people love Rolex watches.  I think the market is entirely manipulated, and that their watches look very average..but that's just me.  Sure they can make for good investments, but not like bitcoin as they don't nearly have the same upside.  Also, I'd rather invest my money in say an S&P 500 ETF like Vanguards VOO fund, which is a much safer option that is well diversified.

Yes, this kind of choice will only be taken by people who have absolutely no problems in their finances in the sense of having a very good financial level and more than enough like some billionaires, as I said above that if indeed they are able and there is absolutely no coercion from other parties with a record of their own willingness then obviously there is absolutely nothing to be concerned about because everyone has different choices and has the right or freedom for everything.

Of course as I said earlier that this option is only for those who have very good finances, and it is absolutely not recommended to be done by people who have medium or even below average finances because obviously this will only cause problems with their financial balance, After all I think that even if they have the desire to buy an expensive watch for example but if their financial situation is not favorable then obviously they won't be able to do it unless they overextend themselves and act stupid by borrowing money from one of the services to buy something they want which will basically just cause problems in their finances, and I think this is nothing more than just their dream because I'm sure they realize that they don't have the ability to do something that is done by people who have very good finances.

In general and overall I understand and I've said before that some luxury items also have a fairly high investment value as do some people who act as collectors, and maybe this is nothing more than a choice, in the sense that everyone has their own choice about whether they will invest by collecting some high-value items such as watches maybe or choose to invest directly in some assets that they trust.