Millennials Increasingly Prefer Bitcoin to Gold or Real Estate

[Youghoor]

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.

First and foremost, I don't really agree with you on this. With investment, your level of knowledge and understanding regarding the investment ecosystem is the only way that can tell if one investment opportunity is better than the other and the duration at which you as an investor will be investing in that particular thing. Personally, I don't see Bitcoin as a better option compared to gold and estate. Bitcoin is a high risk investment whiles gold and estate are not. Why will you think a high risk investment be better than a lower risk investment ??

[joniboini]

I do believe that it's country/local issue also affect this. Real estate in my country is not as easy to access as Bitcoin, hence, even papa and grandpa who works hard from the 90s are most likely holding more gold than having a real estate, unless they're born rich or have a successfull career.

There are several options such as REITs or collective real estate investment but it requires some time consuming paper work and not everyone will be qualified. So, it's also not as friendly as you expect it to be. I personally can't invest in them, so I choose to participate in business lending and get around 3-5% per month, or 12-20% per year (we can choose the interest rate).

TBH, as a millenials myself, if it's possible, I'll invest in any available option a.k.a, portfolio diversification.

[maydna]

Yes, I agree that bitcoin is a much better option than gold and real estate although gold and real estate still be the most option for people who lived in out there. But if I have many bitcoin and I can sell some of bitcoin at the very highest price so I can have a lot of money, I will buy some gold and some real estate so I can have more assets as my long-term investment. I don't want to have bitcoin only if I have money because, with so many investments that I can have, that means I can have a chance to make more money in the future.

[CryptoBry]

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.

Comparing the many investment alternatives, one should consider using many baskets for one's eggs and this is the proven wisdom that we should ignore at our peril. The best thing to do is to invest in real estate, gold and Bitcoin, of course. These choices have their own advantages and disadvantages so one should be careful and should be doing the due diligence before jumping to anything. I am sure the millennials are more daring compared to the past generations but this their time.

Yes, I agree that bitcoin is a much better option than gold and real estate although gold and real estate still be the most option for people who lived in out there. But if I have many bitcoin and I can sell some of bitcoin at the very highest price so I can have a lot of money, I will buy some gold and some real estate so I can have more assets as my long-term investment.

Bitcoin has been giving unbeatable profitable returns so far despite its roller-coaster ride for the past decade. Real estate and gold are more on stability and playing as the safe haven while Bitcoin is more volatile making it a risky option for people who are new to the market and has not been educated on how this new option can be working. Yes, the best thing to do is to earn as much money from Bitcoin and then use the money to invest in real estate.

You can live in a house.  You can rent out your property and earn income.  Bitcoin doesn't do much except sit in a wallet while you're hoping the price goes up.  That's kind of how Warren Buffett feels about gold, that it doesn't generate income or perform a useful function like stocks do.  Bitcoin is in the same boat IMO, and I say that even though I'm a huge supporter of it.  Millennials would do well at least owning their own homes, even if it's a tiny house.  lol

That's the solid advantage of real estate. Just like the real gold which you can make into jewelries, usefulness is a very important function that one should look into. Stocks can be giving dividends but we know that with Bitcoin this is not the case but of course you can use Bitcoin in trading cryptocurrencies. Maybe what is happening here is that with Bitcoin it is our basic concept of a valuable asset that is being challenged. Does Bitcoin really have a good value on its own and what are the benefits we can derive by holding them? Still, looking at the history of Bitcoin, it would be easy to surmised that its ROI is truly outstanding and can beat any other investment vehicles. In other words, Bitcoin is the best speculative tool.

[tsaroz]

Millennial are saving a few and want to increase their money. Gold and Real Estate are costly and has longer hassle to deal with. On the other hand you can buy bitcoin and crypto while resting in your bed. Millennial loves not going out of their room and bitcoin is a good asset to have profit buying and selling.

[inthelongrun]

Millenials are more liberal and practical. Whichever gives them the highest return at the fastest time they won't hesitate to pick. Bitcoin is also the currency of the future. And if not, at least it is safe to say that blockchain is the future.

[yulionoo]

I belong to the millennial generation. I agree that bitcoin is a better choice than gold and real estate. because bitcoin can provide more benefits than gold and real estate. but of course bitcoin also has a greater risk. but if we want to do research and continue to learn about cryptocurrency we can minimize the risk of loss. and investing in cryptocurrency really requires patience. we must be patient waiting for the red market like now.

[iamsange]

The last sentences that i am concern for. In a form of satoshis, that is what cause bitcoin is better. I mean a lot of people can make investment in bitcoin without think how much minimum is needed. As millenial, some of them include me don't have much money to do investment real estates. Gold actually can be option, but what people need in investment is something that easy to manage.

[BChydro]

Bitcoin is a high risk investment whiles gold and estate are not. Why will you think a high risk investment be better than a lower risk investment ??

The risk level of any investment depends on the price at which you are entering a particular market, if you were able to invest in bitcoin well below a thousand dollars then there is no risk involved and so does gold, i am not comfortable enough to invest in gold now and expect the market to go up all the time and so is the case with real estate, risk investment rate is higher if you are investing in Las Vegas or New York but the risk is substantially lower if you invest in Texas or Colorado or any suburbs.
The reason millennials are preferring bitcoin might be the ease of handling bitcoin as an investment than the rest of these other markets.

[bitbunnny]

Nothing that would be surprising. Millennials are generation that grew in digital era and they are very close to new technologies and digitization, they are natural to them and gold and real estate are part of physical not virtual world, that is why they are not so close to them. Also, they accept risk easier than older generations and don't have prejudice.

[GideonGono]

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 pretty much agree to the rest of your statement but not on saying Bitcoin is much better than gold. If you really wanna keep your assets safe especially in the time of extreme crisis in the economy where fiats are failing and so as the digital assets that you hold dear which may due to war or etc then gold will always be the most secure above all and would help the economy to bounce back and heal it. Gold is very powerful and there a lot of things that it can do than Bitcoin and vice versa.

[alyssa85]

I think the real truth is that millenials find it easier to buy bitcoin than gold or real estate - so it's not about preferences but accessibility.

They're probably not interested in gold - but they'd buy real estate in a heartbeat if they had the money to do so. Unfortunately this is a generation that has been blighted by the Great Financial Crash and they struggle to get mortgages. Which is why they're hoping that cryptocurrency might be the "big thing" that gets them their nest egg.

[KrisAlex18]

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"!

Yeah me too, If you see bitcoin as a full investment then you might get disappointed if bitcoin somehow go back to its early years. Bitcoin has a lot of contender, better than it and probably bitcoin will not end at top. It is just red hot right now, Yes it is true but until when ?
So still Gold and Real Estate are the best option for ling term Investment. Bitcoin is just for now.

This discussion is ongoing since a long time now to understand if bitcoin is better than gold or real estate! But the comparison is itself invalid!

Being tangible and intangible makes it invalid to put in comparison. Some are just comparing because both are for storing value and uniting accounts. Bitcoin is speculative while gold and real estate is not, maybe that's the only hole to exit this longest running discussion about investment.

[jostorres]

Bitcoin is not my only interest, I invest in anything I believe will profit me as time goes on. Bitcoin is good, and it's really hot and trending because we have heard stories of how people went from being a nobody to millionaires. And for sure I have been able to benefit from Bitcoin more than I did in other types of investments, but I don't only stick to it. I also invest in farming and lands and real estates, and lots of others. I don't only think of the present when I'm investing, I consider the future as well.

Bitcoin is trending, but where I live it's not like that, you will hardly see people that are interested in it. Some of them are scared that they will lose their money because of the volatile nature and some are just being greedy, they only want an investment that would earn them huge money and make them quick rich without any risks, lol.

[Shasha80]

It's true that millennials prefer investing in bitcoin over gold or real estate. Because millennials prefer it which is practical
and quickly makes a profit. As we know, bitcoin is very practical to buy and also can make a profit quickly because the price
is volatile. So from that millennials really like bitcoin for investment. Different from gold the price is too stable, if real estate
is not chosen millennials because real estate prices are too expensive to buy. Because not all millennials have a lot of money.

[nydiacaskey01]

This is somewhat true. I say “somewhat” because some still didnt know the existence of Bitcoin and some dont believe in it. Millennials would rather spend their money in gadgets like Iphones, tablets, high end laptops. Seldom that you will see millennials wearing gold necklace, rings and bracelets. However, they are somewhat embracing the concept of airbnb, thats why some are buying properties like Condos so they can list it in Airbnb and have it rented out on a daily basis as a source of income.

[AndySt]

It would be strange if it were different. Each generation has its own preferences and millennials as the most modern generation calmly use modern technology. Operations with gold and real estate are quite laborious and require additional actions, unlike operations with bitcoin requiring only a computer or smartphone and web.

[Wintersoldier]

Nothing that would be surprising. Millennials are generation that grew in digital era and they are very close to new technologies and digitization, they are natural to them and gold and real estate are part of physical not virtual world, that is why they are not so close to them. Also, they accept risk easier than older generations and don't have prejudice.

The reason for this is because Millenials haven't experienced too much lost in their investment, it triggers them to try new things and to hope that cryptocurrency would provide them the best benefits in investment. Basically we all want new platforms, those that have a huge potential in the market where we are the few early adopters, and Millenials think of this way. They think of cryptocurrency as a new platform for investment with huge potential, so in the future, they will earn.

[maydna]

Yes, I agree that bitcoin is a much better option than gold and real estate although gold and real estate still be the most option for people who lived in out there. But if I have many bitcoin and I can sell some of bitcoin at the very highest price so I can have a lot of money, I will buy some gold and some real estate so I can have more assets as my long-term investment.

Bitcoin has been giving unbeatable profitable returns so far despite its roller-coaster ride for the past decade. Real estate and gold are more on stability and playing as the safe haven while Bitcoin is more volatile making it a risky option for people who are new to the market and has not been educated on how this new option can be working. Yes, the best thing to do is to earn as much money from Bitcoin and then use the money to invest in real estate.

That is why, until now, many people still prefer to invest in real estate and gold because they believe that the profit will be bigger for those two types of investing than investing in bitcoin. But if they learn about bitcoin and they start to invest in bitcoin, they will see that the profit will be bigger from bitcoin than from those two investment types.

But I am sure that the millennial generation will learn about bitcoin, and they will accept the risk from bitcoin. If they can deal with the risk, then I am sure that it will only a matter of time for them to make a bigger profit from bitcoin. I am sure after the young Millenials can have much money, they will invest in other things so that they can get more and more money.

[Google+]

when for long term investment and very much profit then I prefer to multiply bitcoin and real estate because in my opinion both of them can provide a lot of profit, for cryptocurrency can provide profits with a fast time and for a stable one can use long term investment can use Real Estate because every year the demand for both of these will always increase and many will be used by many people.