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Author Topic: Millennials Increasingly Prefer Bitcoin to Gold or Real Estate  (Read 1114 times)
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November 21, 2019, 05:06:10 AM
 #41

It's hype. I doubt if all those who said they prefer Bitcoin actually understands how the market works. Digital money sounds very modern and that's what attracts younger generations. Though I wouldn't compare it's use at the moment to that of gold, especially with real estates. There's certainty if you're able to hold the product in your hands and see it with your eyes.

 
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November 21, 2019, 05:51:59 AM
 #42

Since we're on the generation with the latest technology, most Millenials prefer to invest with Bitcoin because they want convenience and assurance of a bigger profit in just a short period of time. We should admit that most Millenials trust Bitcoin because they have seen how it worked and provided a great profit in time. Younger generations know how to handle crypto investing more than real state and gold.
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November 21, 2019, 07:32:01 AM
 #43

I am a little less agree if bitcoin is a much better choice than real estate and bitcoin, even though I am a bitcoin holder, because real estate is also a good investment to get profit in my country especially since gold is still much more interested than bitcoin in my country

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November 21, 2019, 07:53:58 AM
 #44

Millennials are you who were born in this digital age, of course they would prefer to invest in bitcoin than gold and real estate. bitcoin is more practical and very suitable for use in the digital age as it is today. and volatile and decentralized bitcoins are becoming increasingly attractive investment tools. if we are good at exploiting the volatility of bitcoin then we will quickly become rich people. and to invest in bitcoin does not require large funds such as gold and real estate investment. because we can buy bitcoin in the form of satoshi. so do not be surprised if millennial prefer bitcoin over gold and real estate.

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November 21, 2019, 08:08:47 AM
 #45

British digital asset management firm CoinShares has released a report that outlines a number of trends in the Bitcoin and cryptocurrency market in 2019.

The report describes the social, political, economic, and technological forces driving cryptocurrency adoption, and the consequent trends that have materialized in the cryptocurrency market.

The report opens with the technological, economic, political, and social macro forces that have brought the cryptocurrency market to its current state.


Check out the full news here

As a millennial myself, I would highly agree with this. Although that gold and real estate are both reliable long-term investments, it's just that Bitcoin is "red hot" right now. The risks are higher though due to the volatility of the market.

To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.
Only real estate that in my opinion is quite difficult to find its target market. Gold and bitcoin can be bought by anyone starting with a fairly affordable price.
Maybe millennials prefer high risk high returns because they are more impressed to be quick to get profits.

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November 21, 2019, 09:31:55 AM
 #46

In my opinion, those options are one of the best out there as an investment, it just varies how financially wealthy you are. If you want to invest in Bitcoin, you would only need a fraction of what's the minimum you needed in real estate. Also, Bitcoin gives more flexibility and convenience compared to buying gold and real estate. Still I'd prefer investing in real estate most of the time because from the fact that everyone needs home and the price steadily grows as time goes by.
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November 21, 2019, 03:37:16 PM
 #47

Today we see broad parts of society, millennials especially, acting increasingly critical of central bank interventionism. At the same time technologists, at an accelerating pace, are developing an array of tools that allow for disruption of the economic status quo. In a decade the millennial generation is projected to have the highest earning power of all generations, and this tech-savvy post 9/11 generation has encryption to its disposal as a defensive technology. Meanwhile the bitcoin ecosystem is maturing in all aspects of its economy, in particular in deposit banking, insurance, lending and derivatives, and early forms of life insurance. If this process persists, bitcoin’s layered protocol suite could become a global powerhouse and a potential alternative to the IMFS.
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November 21, 2019, 04:14:41 PM
 #48

I feel like the current generation is all about doing things the easiest and the fastest way possible, being raised in in environment where internet allowed us to do things with just one click and without leaving our homes , not only Bitcoin and crypto makes a good alternative for fiat for the current gen but a quick way to make profit for them, do you think that they have the patience to buy some real estate and spend like 3 or 5 years so they can make profit from it , the answer is no, so i think that  bitcoin might prove to be a better option for them.
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November 21, 2019, 06:03:08 PM
 #49


As a millennial myself, I would highly agree with this. Although that gold and real estate are both reliable long-term investments, it's just that Bitcoin is "red hot" right now. The risks are higher though due to the volatility of the market.

To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.

basicaly , millenial people , just following what is trending , and for me , i am not declined BTC as a investement , but since we know fluctuactive BTC is higher than another investement, i will talk btc like a gamble for now.
its a investement , but tend to a gambling , did u understand what i say ?

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November 21, 2019, 08:03:16 PM
 #50


As a millennial myself, I would highly agree with this. Although that gold and real estate are both reliable long-term investments, it's just that Bitcoin is "red hot" right now. The risks are higher though due to the volatility of the market.

To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.

basicaly , millenial people , just following what is trending , and for me , i am not declined BTC as a investement , but since we know fluctuactive BTC is higher than another investement, i will talk btc like a gamble for now.
its a investement , but tend to a gambling , did u understand what i say ?
Some facts speak that millennial is more in line with existing trends, including in terms of investment. but it's a pity if they really follow the trend and don't have a stance. bitcoin does have a higher fluctuating value than gold, if they can understand the concepts, they can benefit

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ashmodeus
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November 21, 2019, 09:36:54 PM
 #51


As a millennial myself, I would highly agree with this. Although that gold and real estate are both reliable long-term investments, it's just that Bitcoin is "red hot" right now. The risks are higher though due to the volatility of the market.

To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.

basicaly , millenial people , just following what is trending , and for me , i am not declined BTC as a investement , but since we know fluctuactive BTC is higher than another investement, i will talk btc like a gamble for now.
its a investement , but tend to a gambling , did u understand what i say ?
Some facts speak that millennial is more in line with existing trends, including in terms of investment. but it's a pity if they really follow the trend and don't have a stance. bitcoin does have a higher fluctuating value than gold,

like i say before , BTC is tend to a gambling rather than investement , and also bad reputation for cryptocurrency make a mindset for btc its a Ponzi scheme or pyramid, or MLM or whatever people call it.
for example like Bitfury shares stock , maybe there are people who abuse it and make a pyramid scheme from there , and people got scammed and the millenial people have a bad thinking for BTC.

if they can understand the concepts, they can benefit
the real problem is how to make they to understand ,less likely they can make their own conclusions.

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November 21, 2019, 11:51:06 PM
 #52

snip--

To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.
This is just about interest. I tend to choose cryptocurrency, especially bitcoin because I am very interested so I want to learn more to maximize my potential to be profitable. While I have no interest at all in real estate, so I am reluctant to study it deeper. Besides that, with all these technological advancements, I can earn money in a fun way, using my electronic devices, it's very functional.

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November 21, 2019, 11:58:23 PM
 #53

Quote
To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.

I certainly represent the same group of people but really don't agree with the statement which says - "Bitcoin is much better option than gold or real estate"!

Bitcoin's volatility makes it a bad investment asset, but the same volatility also makes it a speculative asset! Whereas real estate and gold is considered mostly for capital protection! So these are two different asset class!

This discussion is ongoing for a long time now to understand if bitcoin is better than gold or real estate! But the comparison is itself invalid!
Gold and real state are better but I can't afford to have those two, bitcoin is easy to have although it is volatile it is easy to have than to have a gold and a real state. As for me, I also choose bitcoin cause this is all I have, I don't have a lot of savings and I just have bitcoin with me and some altcoins to hold.
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November 22, 2019, 09:16:56 PM
 #54

Why not combine and have a crypto investment in real estate. I really wish these ICO projects got their heads out of the sky and someone actually did back a token up by real estate and the tokens are like having ownership in the real estate. It has been 10 years since bitcoin has been out and people are not really using the technology. Rather being selfish. I still cannot understand why there are so few projects.

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November 22, 2019, 09:45:48 PM
 #55

Newer generations can easily adopt to new technology and bitcoin is much more easier and user friendly to invest of more than gold and real estate. Businesses and real estate is also starting to integrate with bitcoin and cryptocurrency. Ive seen some projects/startup that is selling real estate properties which you buy through crypto.

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November 23, 2019, 08:17:52 AM
 #56

Newer generations can easily adopt to new technology and bitcoin is much more easier and user friendly to invest of more than gold and real estate. Businesses and real estate is also starting to integrate with bitcoin and cryptocurrency. Ive seen some projects/startup that is selling real estate properties which you buy through crypto.

For some people that found out crypto is a good way of investment for sure they have done their part to investigate and checking the ROI, for some people that needs money for just short term, and I don't find it wrong as we do have different goals, timelines to our money. And if you sold all your crypto holdings for Real estate there is nothing wrong with it too.
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November 23, 2019, 08:23:49 AM
 #57

Why not combine and have a crypto investment in real estate. I really wish these ICO projects got their heads out of the sky and someone actually did back a token up by real estate and the tokens are like having ownership in the real estate. It has been 10 years since bitcoin has been out and people are not really using the technology. Rather being selfish. I still cannot understand why there are so few projects.
There are crypto investments related in rel estates like antlant, primalbase, hives and etc there might not seem to be that popular as the investment amount to be able to invest is way to high but in there ICO days they are all successful. It's good to diviesify investment in crypto and real estates as long as we have capital to invest with.

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November 23, 2019, 10:34:26 AM
 #58

Definitely they will prefer bitcoin. Its a millenial thing now. We all know that most millenials are into gadgets and online transactions. They want easy and high paying jobs. Most likely those that have the knowledge and capacity will prefer income from bitcoin. Its the "in thing" now. Once they had receive their first returns and turn out good, they'll definitely prefer this than gold and real estate.

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November 23, 2019, 10:44:45 AM
 #59

It's hype. I doubt if all those who said they prefer Bitcoin actually understands how the market works. Digital money sounds very modern and that's what attracts younger generations. Though I wouldn't compare it's use at the moment to that of gold, especially with real estates. There's certainty if you're able to hold the product in your hands and see it with your eyes.

I believe these Millenials saying that they prefer Bitcoin than gold or real estate are just riding the trend.  I agree that it is a hype and it is quite non-sense for those who know much of the economy to prefer Bitcoin than gold and real estate because of Bitcoin's crazy volatility. 



Definitely they will prefer bitcoin. Its a millenial thing now. We all know that most millenials are into gadgets and online transactions. They want easy and high paying jobs. Most likely those that have the knowledge and capacity will prefer income from bitcoin. Its the "in thing" now. Once they had receive their first returns and turn out good, they'll definitely prefer this than gold and real estate.

From the highlighted means they will convert their Bitcoin to cash is it?  So it is just for the rich quick scheme thinking.  So apart from anything else, they prefer cash than Bitcoin then, that is what I see on your post.

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November 23, 2019, 11:15:21 AM
 #60

Why most of the millenials are prefer to buy bitcoin than Real estate? Most of millenials are technological wise. And if I were on a position, I will also prefer to invest only at investment that don't need much effort.
Another thing is the capability to buy, we can but bitcoin in a lower price than real estate. Money is really a power to buy and invest. Even we want to buy real estate, if our savings is only for a satoshi, then BTC is always there for us.



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Rainbot
Daily Quests
Faucet
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