Bitcoin Forum

I've been thinking recently, people discuss here on forum different types of investments: crypto investments, real estate, gold and precious metals, stocks, but I haven't seen one about art, like investing in paintings or other works of art. This, however, seems like a good opportunity to me. Just think about other investments: a certain cryptocurrency can be destroyed by market rivalry, same can happen to real estate and stocks and they can become depreciated. But art lives, because something stronger lays there - it's ideology and sense of beauty. Paintings can live through ages, Pablo Picasso, for instance, wrote his works about a 100 years ago, but his famous "Nude, Green Leaves and Bust" was sold in 2010 for $106.5 million and it happens a lot. Apart from ideology there's another thing about art items that can increase their prices - auction. It helps to recover price and increase it instantly even when it seemed like everyone has forgotten about that piece of art. What's your opinion on this?

Don't you think this should be moved to off-topic section? Because we're not talking about cryptocurrency trading in here.

As for your idea, I think it seems plausible as long as you can find a decent art/painting that might worth millions of dollars after years of 'hodling'. I personally think it is similar to buying property/land for your investment. Their price will always increase because it is limited and valuable to people.