Millennials Increasingly Prefer Bitcoin to Gold or Real Estate

[imstillthebest]

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.

i agree on what you say because im also a millenial but the question wasnt only for real estate but also for gold  or you only forgot to compare gold ?  me as a millenial i can see gold to be also an affordable kind of invetment because its also available on all sizes ( small  , medium , large ) and can also be bought anywhere  ( offline or online )   .  but of course i will still include bitcoin and cryptos on my portfolio    .

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[BlackFor3st]

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.

Of course I completely agree with it as Bitcoin or crypto currency investment are very friendly to investors as you don't need further knowledge to make an investment.

Unlike gold or real state that you need to have deep understanding to it before you can start earning from it. And the adoption of crypto currencies is keep on advancing so there is a big possibility that even if you are a holder only, you can still profit.

[airdnasxela]

It is because bitcoin and cryptocurrency is a technology-based which is a mainstream to millennials and post millennials. Unlike gold and real estates, bitcoin is easier to acquire even by just sitting in front of your computer. They would rather spend time facing their computers than working their ass off in the field just to acquire gold and real estate. In order to get gold, it's either you'll mine it physically or just buy it. Real estate has to do something with laws and regulations while bitcoin don't have to.

[danggoron]

It is because bitcoin and cryptocurrency is a technology-based which is a mainstream to millennials and post millennials. Unlike gold and real estates, bitcoin is easier to acquire even by just sitting in front of your computer. They would rather spend time facing their computers than working their ass off in the field just to acquire gold and real estate. In order to get gold, it's either you'll mine it physically or just buy it. Real estate has to do something with laws and regulations while bitcoin don't have to.

Like freelancers, we are free to determine the hours of work and work we want, without the pressure and deadlines that often make employees stressed. This is the advantage, isn't this a very exciting job? even you can make money from home with electronic devices, of course, it must be added to the ability of analysis and more passion. Every day is a holiday, every night is satnight, that's what my wife and I joke about. Not that this is without difficulty, but as much as possible we make this fun so that we are more comfortable.

[dimastegar]

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.

We know that Bitcoin is growing rapidly and is becoming known to many people from all walks of life. And we people at Bitcointalk are fortunate to know and understand Bitcoin as an alternative to transactions and investments in digital form.

I cannot conclude that Bitcoin is a better investment than gold when Bitcoin has a higher risk. Conversely, Gold also does not experience enough price increases if we use it as an investment tool. Which one is better that suits our needs.

[ballerin and giroud]

It depends on the intention, I mean if you intend to store your money on the safe place then you can store it on gold or real estate and those place will make you comfortable. There is no volatile price and there is no risk that your money will lose in a few times.

But bitcoin is the opposite of those, you must spend your money that you can afford to lose. Which mean you can't spend your saving money and etc. I don't care with what millennials though, but I just suggesting that knowing the place before you store your money is really than you just follow what everyone do and you didn't know it.

[Wintersoldier]

It depends on the intention, I mean if you intend to store your money on the safe place then you can store it on gold or real estate and those place will make you comfortable. There is no volatile price and there is no risk that your money will lose in a few times.

We already have stable coins that will secure the volatility will not make your investment fund lose its value. And that is what millennials see from the cryptocurrency, they are buying bitcoins and storing it to stable coins to avoid losing their money.

But bitcoin is the opposite of those, you must spend your money that you can afford to lose. Which mean you can't spend your saving money and etc. I don't care with what millennials though, but I just suggesting that knowing the place before you store your money is really than you just follow what everyone do and you didn't know it.

You are being one sided here, bitcoin is an assets, and investment asset where people could store their money and wait for the market price to be profitable enough so they can sell. It doesn't just mean their that their funds will surely lose when they invest in on crypto currency.

[Renampun]

I agree with you, but real estate it is and it will be a reliable investment. As for me, gold is losing its power, and crypto is growing steadily.

Real estate must be prioritized...
investing in real estate must be first and then investing in crypto. when you married you will know how difficult it is if you don't invest in real estate, real estate number 1, Bitcoin number 2 and gold number 3, I put gold at number 3 because the price tends to be difficult to go down, so it is not a profitable investment for me.

[rexxarofmoknathal]

It depends on the intention, I mean if you intend to store your money on the safe place then you can store it on gold or real estate and those place will make you comfortable. There is no volatile price and there is no risk that your money will lose in a few times.

But bitcoin is the opposite of those, you must spend your money that you can afford to lose. Which mean you can't spend your saving money and etc. I don't care with what millennials though, but I just suggesting that knowing the place before you store your money is really than you just follow what everyone do and you didn't know it.

In my opinion, you are right as I also think that the type of investment is dependent on the financial stability of the person. For example, if a person is financially flexible first would want some property investments since these would go up in value with time. Gold is still a valuable asset but you wouldn't want to miss on the crypto opportunity. SO, in my opinion people first go for security using estate investments and only after that can invest in at higher risk with crypto, then gold since its not nothing new about it. At least that's what I'd think anyway

[georgeontheford]

"Millennials Increasingly Prefer Bitcoin to Gold or Real Estate" - I think that this statement is absolutely wrong. I have a lot of friends millennials and everyone wants to buy a home or any kind of apartment. One of them actually bought a house here and he is not interested in crypto at all.

[rodskee]

"Millennials Increasingly Prefer Bitcoin to Gold or Real Estate" - I think that this statement is absolutely wrong. I have a lot of friends millennials and everyone wants to buy a home or any kind of apartment. One of them actually bought a house here and he is not interested in crypto at all.

So how much is your commission incase there are someone here Bought a House from that?
Nice strategy of selling items here huh?

Millenials are indeed wanted to have Houses.apartment and cars but those are the employee type millenials,but not those business minded because they are the one who is more practical.

all they wanted is to earn earn and earn ,thats why they consider Cryptos,real estate and gold.

And also i have known few millenials and asking me how to earn from Bitcoin.

[JuSayCo]

Let us admit that millennials were born together with the digital technology, and they are more tech savvy individuals. Maybe its the main reason why they preferred Bitcoin investment rather than Gold or Real State. Being more into smart gadgets, working in cyrpto world, its more easier to earn and monitor the stock market and all the profits that this millennials will get with just one tap and at the comfort of our home or in anywhere we are. By the way, I am also a millennial myself, and i do prefer Bitcoin investment because it made me so excited everytime i gain profits in the most quickest way. However, its not for a long term investment, I will still plan to invest outside the blockchain platform, or any other physical investment that i could possibly rely on as i grow old.

[ChrisPop]

In my view real estate remains a fundamentally good investment choice. I mean we will always need a place to rest our body. You can't say the same about bitcoin or gold.
I am least likely to invest in Gold from the three assets talked about in this thread. Its usecases are rather small and it is a precious metal that could be soon produced in laboratories or found in the outer space. I'm not willing to place a significant amount of my net worth in a metal just because it has proven itself to be a reliable hedge.

[ryap12]

In my view real estate remains a fundamentally good investment choice. I mean we will always need a place to rest our body. You can't say the same about bitcoin or gold.
I am least likely to invest in Gold from the three assets talked about in this thread. Its usecases are rather small and it is a precious metal that could be soon produced in laboratories or found in the outer space. I'm not willing to place a significant amount of my net worth in a metal just because it has proven itself to be a reliable hedge.

Ha! Totally agree with you ChrisPop. There will be a time that we get to discover gold from outer space. I even think now that there are people who may have secretly getting gold from outer space and selling it to the world or they may have gotten a huge deposit of gold within the earth's underground. Unlike having Bitcoin, everything is there on the e-ledger and that the price of Bitcoin will definitely continue to grow compared to gold where it seems to grow very slowly. Real estate is also great but there might be a time we all will leave earth or what if there is war? What will happen to having those fancy homes and assets if they can be destroyed by nukes and blasts. Millennials picking Bitcoin I think is that they are on the right track.

[shamimal93]

I do not believe that Bitcoin is more valuable than gold and real estate.  Gold prices are very stable but Bitcoin is never stable. I sincerely believe that investing in gold and real estate is a thousand times better than investing in Bitcoin. If you believe in Bitcoin and like to take risks, investing in Bitcoin will bring you good results.  But if you are afraid and do not want to take risks, then you should invest in gold and real estate business.

[abhiseshakana]

In my view real estate remains a fundamentally good investment choice. I mean we will always need a place to rest our body. You can't say the same about bitcoin or gold.
I am least likely to invest in Gold from the three assets talked about in this thread. Its usecases are rather small and it is a precious metal that could be soon produced in laboratories or found in the outer space. I'm not willing to place a significant amount of my net worth in a metal just because it has proven itself to be a reliable hedge.

Millennials like an instant, practical and easy to pick (low hanging fruit) and easy to exit whenever they want. Gold and property businesses are considered outdated, even though they know the essence of business is profit. Although property investment is profitable but the process of getting a profit can take years. This is what makes property and gold investment unattractive to millennials.

[Rengga Jati]

It can be used for millennials who prefer Bitcoin to Gold and real estate. There are reasons that are easier to understand here, especially where the area I live in:
1. Bitcoin is easier to achieve or obtain compared to investing in gold or RE.
Most millennials probably don't have enough money to invest in Gold or RE. Whereas with Bitcoin, they can start small. Plus there are ways they can get Bitcoin.
2. More trends among millennial, especially because this is related to technology that will continue to develop

[Velvet78]

I can easily say that the opposite of this happens in my milieu. For instance, my children find investing in cryptocurrencies very risky, and therefore they buy dollars with all their savings. On the contrary, I maintain to invest a certain portion of my salary in bitcoin each month.

[TedMosby]

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.

my perspective as millennials,
real estate is too expensive, I can't afford it.
gold, it's stable but it only keeps the value of our money. it has small chances to get a big profit from a small amount of money.

personally (maybe lots of millennials), we got spoiled by technology. our life seems easier with technology.
that's made us a bit pampered. we want to get anything we want easily, without exception.
for example, we want to have a lot of money with low efforts. we want to be rich in one night.

bitcoin (and other cryptocurrencies) volatility is the answer.
it's handy to manage, and most importantly it also offers us the opportunity to get a big profit with less effort, despite the high risk.
because we risk everything to be rich instantly  

[Quidat]

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.

my perspective as millennials,
real estate is too expensive, I can't afford it.
gold, it's stable but it only keeps the value of our money. it has small chances to get a big profit from a small amount of money.

personally (maybe lots of millennials), we got spoiled by technology. our life seems easier with technology.
that's made us a bit pampered. we want to get anything we want easily, without exception.
for example, we want to have a lot of money with low efforts. we want to be rich in one night.

bitcoin (and other cryptocurrencies) volatility is the answer.
it's handy to manage, and most importantly it also offers us the opportunity to get a big profit with less effort, despite the high risk.
because we risk everything to be rich instantly  

You got some point when it comes to millennial mentality but to think that there are still ones who do value the most of their money and you are right that majority wont really have the big money to invest out on real estates or even on gold on just accumulating a huge portion of it to feel out once you do made a profit but as said earlier, we do disregard this option yet we do like on something which is more approachable and doesnt really need that much of capital for you to gain.I just agree that crypto gains can really be acquired in less effort but when it comes to risk then its really indeed high but as millenials then you wont really care that much of that matter but instead you do proceed and just hope for the best.Some might fall and some might succeed and since we are really exposed to tech then we can easily understand on how thing goes
into this current era.