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Author Topic: Real estate vs cryptocurrencies vs business  (Read 2764 times)
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HONDACD125
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November 02, 2023, 01:52:18 PM
 #381



Starting a business is no easy task as you’ve got serious competition all over. Due to various factors, it may be difficult to sustain the business and it may later fold up. But Investments can not always bring us something good. Not in the short run anyway.
A business, when successfully off its starting point; beginning to grow and bring in profits can be very satisfactory and also rewarding. I think looking for and staring a viable business wouldn’t do no damage.

If one does not start a business fearing that there is stiff competition everywhere, one cannot do any business and investment because it is everywhere and you have to compete with it.A business is also an investment. You buy something and try to sell it at a higher price than you bought it to make a profit. Whenever we start investing in a new business, we may face problems due to inexperience in starting, but always those who are able to overcome all these problems are successful.

If you have experience and know how to invest, your investment will always be good for you. Inexperience does not bode well for you anywhere, no matter what business you are in. Business cannot give you good profit from the beginning but you have to go along with the market in the beginning. A good experience can give you a good profit.


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November 02, 2023, 02:56:15 PM
 #382

I would prefer cryptocurrency investment to the other two. Apart from cryptocurrency investment, next in line should be business. I have got some piece of land but i am not exited about it because it will not appreciate anytime soon while bitcoin can give some surprising appreciation just like what happened last week.
Business in the other hand gives daily return which is very nice to see money flowing daily. But we still need to understand that all the above requires skills and has their own magnitude of risk. Nothing is 100% risk free and without knowledge you might not be able to make money.
For me bitcoin first, business second and then real estate.

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November 02, 2023, 07:46:26 PM
 #383

A random start isn't what we're saying but you're right about knowing where you should begin and probably there's no ending on it. Those that have the idea on how to start might have taken their knowledge somewhere else or with their other failed ventures. Yes, you just have to start and let yourself figure out the problems that will exist on your journey with that business. It is not an easy thing but you need to have that foundation before doing so. You don't start that you have no idea what you're doing, you have the idea, you have the plan and just execute it already and don't think of the problems yet if they're not yet there. Because that's the common mistake of people when they're on that phase, they think of the problem that's not yet existing. Yes, it's good to have some backup plans for the resolution of those problems that potentially can come out but don't stress yourself out with problems that are non existence when you do business.
There's an element you guys are failing to mention and putting into consideration when going into any form of business and that is passion. For any business to succeed amidst every challenges encountered it doesn't heavily depends on the plans laid down by the business owner as a backup but does have so much to do with how passionate the person is with that line of business he/she chooses to pursue. When every plans you put on ground fails and things not working as planned  due to the market challenges it is your passion for the business that will keep you from giving up on the business. We have heard successful business speak of their experiences while their business was in the infant stage, one thing you will grab from all they say is that they there was a kindle passion that kept them going even when things were falling apart. It's one thing to have a business plan it's still a different thing to have passion for the business you're into.
You're right, I've forgotten to say about being passionate when you start a business because it's not just all about making a profit and building your business. It's easier to do a business when you are passionate about what you are starting and the work and stress are much lighter when you have that on your side. Because if you start a business and you are just doing that because you think that you'll become rich and there's a big revenue, that's the whole point that these people are missing.

It's not just about starting a business but you should know what you're doing because if not, then you're doing it wrongly as you start it. The ones that are successfully able to venture into a business are the ones that knows what they do, they are passionate with it and then the profit comes next when all of these executions are smooth. Well, thank you for mentioning that part.

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November 02, 2023, 09:29:58 PM
 #384

A random start isn't what we're saying but you're right about knowing where you should begin and probably there's no ending on it. Those that have the idea on how to start might have taken their knowledge somewhere else or with their other failed ventures. Yes, you just have to start and let yourself figure out the problems that will exist on your journey with that business. It is not an easy thing but you need to have that foundation before doing so. You don't start that you have no idea what you're doing, you have the idea, you have the plan and just execute it already and don't think of the problems yet if they're not yet there. Because that's the common mistake of people when they're on that phase, they think of the problem that's not yet existing. Yes, it's good to have some backup plans for the resolution of those problems that potentially can come out but don't stress yourself out with problems that are non existence when you do business.
There's an element you guys are failing to mention and putting into consideration when going into any form of business and that is passion. For any business to succeed amidst every challenges encountered it doesn't heavily depends on the plans laid down by the business owner as a backup but does have so much to do with how passionate the person is with that line of business he/she chooses to pursue. When every plans you put on ground fails and things not working as planned  due to the market challenges it is your passion for the business that will keep you from giving up on the business. We have heard successful business speak of their experiences while their business was in the infant stage, one thing you will grab from all they say is that they there was a kindle passion that kept them going even when things were falling apart. It's one thing to have a business plan it's still a different thing to have passion for the business you're into.
You're right, I've forgotten to say about being passionate when you start a business because it's not just all about making a profit and building your business. It's easier to do a business when you are passionate about what you are starting and the work and stress are much lighter when you have that on your side. Because if you start a business and you are just doing that because you think that you'll become rich and there's a big revenue, that's the whole point that these people are missing.

It's not just about starting a business but you should know what you're doing because if not, then you're doing it wrongly as you start it. The ones that are successfully able to venture into a business are the ones that knows what they do, they are passionate with it and then the profit comes next when all of these executions are smooth. Well, thank you for mentioning that part.
Would really be that an advantageous thing if we do speak about having that passion or having the interest on a certain business on which you wont really get easily tired or getting discourage on whatever things that you would be encountering along the way on which it would really be that different into those businesses on which you arent really that totally interested but leaving  you no choice since this is the only option you do have.
In overall it would really be that ideal to have a business which it is really that getting in line on what you do really like. Speaking about crypto investment,business and real estate. Then as much as possible then you should really be that engaging into these different forms considering that these things could really bring out profit and income on which it would really be able to expand out your financial capacity.
As much as possible you should really be that wise on handling out these things considering that risks is there then its just normal that you should really be that wise on taking up actions.
If i were to choose among the three then i would definitely be choosing real estate comparing into others. I do love passive income and i do love something
that could bring out that profits in long term.

R


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November 03, 2023, 10:35:40 AM
 #385

I would prefer cryptocurrency investment to the other two. Apart from cryptocurrency investment, next in line should be business. I have got some piece of land but i am not exited about it because it will not appreciate anytime soon while bitcoin can give some surprising appreciation just like what happened last week.
Business in the other hand gives daily return which is very nice to see money flowing daily. But we still need to understand that all the above requires skills and has their own magnitude of risk. Nothing is 100% risk free and without knowledge you might not be able to make money.
For me bitcoin first, business second and then real estate.
I think business is best and source of huge money income. cryptocurrency is the second choice. we can also business with crypto Because when we buy a coin on spot or hold it elsewhere it is also a type of business but it is digitally. Funding requirement in real estate is huge because real estate products are very expensive so a good way to earn good money with less investment is crypto or a small business.


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November 03, 2023, 11:54:36 AM
 #386

I would prefer cryptocurrency investment to the other two. Apart from cryptocurrency investment, next in line should be business. I have got some piece of land but i am not exited about it because it will not appreciate anytime soon while bitcoin can give some surprising appreciation just like what happened last week.
Business in the other hand gives daily return which is very nice to see money flowing daily. But we still need to understand that all the above requires skills and has their own magnitude of risk. Nothing is 100% risk free and without knowledge you might not be able to make money.
For me bitcoin first, business second and then real estate.
I think business is best and source of huge money income. cryptocurrency is the second choice. we can also business with crypto Because when we buy a coin on spot or hold it elsewhere it is also a type of business but it is digitally. Funding requirement in real estate is huge because real estate products are very expensive so a good way to earn good money with less investment is crypto or a small business.

We know that most of the investments are actually complicated and involve risk. Business is actually good if you are knowledgeable enough, cause it's not easy if you just want to build a business due to the reason you think it's the best. You would need to study the target customers, the demand for the product as well as the competitors in the market, the location, and most importantly the capital. This argument literally depends on the people's preferability and knowledge about specific investments, if we're gonna compare crypto, real estate, and business, I think they are all the same. From real estate, you can actually do monthly payments for years, but of course, you would have to look for small interests, by simply that you could start with real estate as well.

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November 03, 2023, 03:25:07 PM
 #387

I would prefer cryptocurrency investment to the other two. Apart from cryptocurrency investment, next in line should be business. I have got some piece of land but i am not exited about it because it will not appreciate anytime soon while bitcoin can give some surprising appreciation just like what happened last week.
Business in the other hand gives daily return which is very nice to see money flowing daily. But we still need to understand that all the above requires skills and has their own magnitude of risk. Nothing is 100% risk free and without knowledge you might not be able to make money.
For me bitcoin first, business second and then real estate.
I think business is best and source of huge money income. cryptocurrency is the second choice. we can also business with crypto Because when we buy a coin on spot or hold it elsewhere it is also a type of business but it is digitally. Funding requirement in real estate is huge because real estate products are very expensive so a good way to earn good money with less investment is crypto or a small business.
Business is good medium but build a business successfully is very difficult also real estate business required a big budget but only crypto can office easy money and here you can invest a very small amount like $1 and make profit without any hard working here only require making a good analysis and after investment you have to hold it long time. nothing can be give you high profit in short time without gamble so it this case i support crypto then business and real estate if you have less money but if you have enough money then you can business and real estate in your first  choice



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November 03, 2023, 04:44:43 PM
 #388

I think business is best and source of huge money income. cryptocurrency is the second choice. we can also business with crypto Because when we buy a coin on spot or hold it elsewhere it is also a type of business but it is digitally. Funding requirement in real estate is huge because real estate products are very expensive so a good way to earn good money with less investment is crypto or a small business.
I would also like to agree with you on that point that business is the best way for getting a good career. All the richest people in the world have come from business so far.  In some cases, it can be seen that starting from a very low-level business has taken them to the successful position they are today. I think if a business can be started and sustained through hard work and creativity then it has a high chance of being successful. But currently crypto currency trading can also be a good easy way of money making, but I think keeping the business as main and later cryptocurrency trading can be done as well. Cryptocurrency trading is not easy because technical analysis is very complex.

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November 03, 2023, 08:04:37 PM
 #389

I think business is best and source of huge money income. cryptocurrency is the second choice. we can also business with crypto Because when we buy a coin on spot or hold it elsewhere it is also a type of business but it is digitally. Funding requirement in real estate is huge because real estate products are very expensive so a good way to earn good money with less investment is crypto or a small business.

There are many types of business and there are also very diverse models so that everyone can choose one that suits their respective skills. Cryptocurrency can indeed also be considered a business because it can be profitable, but everyone must understand that it is a business that is more different than a small business in its habits.

So cryptocurrency can also be the first choice option as long as everyone is very familiar with the concept and how to work with it, and for real estate itself, everyone can also choose as the best option by setting aside money for it because considering that real estate is generally very expensive, but that doesn't mean there is no way to choose and touch it as the best choice in our life besides small business and cryptocurrency.

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November 04, 2023, 10:02:59 PM
 #390

I can't choose one, and I am going to choose these two: crypto and real estate. Actually,  that's the safest way. Because we have no idea when these markets will crash and business will become dull, when it will recover is questionable. We can allot our income to each market, and that's up to you. How much you split depends on the trust you have among these markets. Business is another thing that is not for everyone, even trading. So choose wisely according to your knowledge and interest. For me, doing business is not easy because even if I get half a million USD, I just hesitate to do it because I have no plan for which business is better. Without any pre-planning, how can I start a business? So I will go with investment instead.

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November 04, 2023, 11:55:35 PM
 #391

 I would definitely go with investing in real estate because, over time, the property value appreciates, which means potential gains for me in the long run. The income can be used to cover expenses or even reinvested for more growth. If I spread my investments over multiple properties in Eastern Europe, the risks associated with putting all my eggs in one basket will be greatly reduced. Another advantage of real estate is that it's a tangible asset. I mean... you can see and touch it, and it offers a sense of security that digital assets like cryptocurrencies lack.



 

 

 

 

 

 


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November 06, 2023, 07:39:55 AM
Last edit: November 06, 2023, 08:36:10 AM by Betwrong
 #392

~ but I think for a successful businessman it would be nice to think about investing part of the profits into Bitcoin.
It is true that everything will depend on the interests, skills or insights that we have or that we master. And maybe I think it would be much wiser if we were experts in business, but we also can't always just rely on business. We also still have to have other alternatives, especially for storage and investment in the future. Whenever we have profits from business, it is better for us to also set aside Bitcoin investments. And if we already have enough money accumulated from all our investments and businesses then it is still important for us to also buy Real Estate and Build Property. Because we never know what will happen to the economy in the future. A business may experience great success within a few years. But in the next few years it experienced a slight decline. But if we have other preparations then we will be fine. Because we already have other plans and preparations to face all situations.

That's when our profits are really high, and we can afford to lose a bit if our investment in real estate fails. Of course if you have a lot of money diversifying your investments is a good idea. No one would argue with that.

~

Bitcoins previous statistics don't guarantee it will do the same in the future. The crypto market is totally unique compared to other asset class so extensive knowledge is required to make a profit from this market by investing. Some influencers show the positive side by overshadowing the negative one. This gives newcomers overconfident which causes the downfall of their career in crypto.

It is advisable to invest the money you can afford to lose in crypto. Sometimes the short term profit from the crypto market is not substantial for many investors. However there are not too many bitcoin centric businesses running around the world so there isn't much business opportunity for bitcoin in the real world.

Investing Bitcoin and in Bitcoin-oriented business are two different things. Bitcoin is rising because many people believe that there will be many Bitcoin-oriented business in the future, but it can take some time. For now just investing BTC itself can be enough.

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November 06, 2023, 09:13:45 AM
 #393

I can't choose one, and I am going to choose these two: crypto and real estate. Actually,  that's the safest way. Because we have no idea when these markets will crash and business will become dull, when it will recover is questionable. We can allot our income to each market, and that's up to you. How much you split depends on the trust you have among these markets. Business is another thing that is not for everyone, even trading. So choose wisely according to your knowledge and interest. For me, doing business is not easy because even if I get half a million USD, I just hesitate to do it because I have no plan for which business is better. Without any pre-planning, how can I start a business? So I will go with investment instead.
It is foolish to choose only one thing for investment. so investing in multiple things is very safe and profitable.  Crypto is a thing with a lot of potential especially Bitcoin, Ethereum, BNB has a lot of potential. So your plan is commendable.  Real estate investment is less risky than business but real estate investment requires high funds. But if you can afford it then it will be a profitable investment for you

I would definitely go with investing in real estate because, over time, the property value appreciates, which means potential gains for me in the long run. The income can be used to cover expenses or even reinvested for more growth. If I spread my investments over multiple properties in Eastern Europe, the risks associated with putting all my eggs in one basket will be greatly reduced. Another advantage of real estate is that it's a tangible asset. I mean... you can see and touch it, and it offers a sense of security that digital assets like cryptocurrencies lack.
Real estate investment is great but you should never invest in just one thing. Apart from business, crypto, real estate you can also choose other investments like gold or others.  But no matter where you invest, you should invest in multiple things. In this modern era I think crypto should be preferred as an investment

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November 06, 2023, 01:43:39 PM
 #394

 I would definitely go with investing in real estate because, over time, the property value appreciates, which means potential gains for me in the long run. The income can be used to cover expenses or even reinvested for more growth. If I spread my investments over multiple properties in Eastern Europe, the risks associated with putting all my eggs in one basket will be greatly reduced. Another advantage of real estate is that it's a tangible asset. I mean... you can see and touch it, and it offers a sense of security that digital assets like cryptocurrencies lack.

It sounds like you don't want to invest in crypto currencies because they have no apparent existence. Compared to real estate, we can neither see nor touch crypto currency, because it is a digital crypto currency, but still many people prefer to invest in crypto. Almost all things gold, real estate and crypto currencies rise in value over time.Your capital is safer in real estate and investing in crypto currency is more risky than in real estate, but if the rate of return is calculated, it is many times higher in crypto currency than in real estate.

I often think that wherever investments are made, after making a good profit, the capital often goes into real estate, and your thinking seems good from the start. You may not have problems and frauds in real estate but in our side real estate fraud is very high. People sell one land to many people. So we often have a lot of land disputes and that's why I don't prefer to invest in real estate myself. However, this does not mean that real estate is not a good investment.


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November 06, 2023, 04:11:08 PM
 #395

My first choice is business. If I want to choose the type of business from regional residence, I should judge based on my hobby, technology, and intuition. I can publish any regional organization or product, which matches my interest and expertise. I can research the regional market needs and internal management and then decide which business to start. Later the proposal to invest Bitcoin from a part of the business dividends can be a way to increase my base value. This way I can make transactions from my business and use Bitcoin as a known and protected medium. However, it can be addictive with a high risk, as Bitcoin market conditions are volatile and can change rapidly. Later, if I have the opportunity, I will get involved in real estate investment because selection is very important in this type of business. Places should be selected in such a way that there is a touch of development. In my opinion Real estate, cryptocurrencies, business are actually these three sectors that are progressing towards the economic development of the world and can help create reliable investments.

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November 06, 2023, 11:49:57 PM
 #396

 I would definitely go with investing in real estate because, over time, the property value appreciates, which means potential gains for me in the long run. The income can be used to cover expenses or even reinvested for more growth. If I spread my investments over multiple properties in Eastern Europe, the risks associated with putting all my eggs in one basket will be greatly reduced. Another advantage of real estate is that it's a tangible asset. I mean... you can see and touch it, and it offers a sense of security that digital assets like cryptocurrencies lack.

It sounds like you don't want to invest in crypto currencies because they have no apparent existence. Compared to real estate, we can neither see nor touch crypto currency, because it is a digital crypto currency, but still many people prefer to invest in crypto. Almost all things gold, real estate and crypto currencies rise in value over time.Your capital is safer in real estate and investing in crypto currency is more risky than in real estate, but if the rate of return is calculated, it is many times higher in crypto currency than in real estate.

I often think that wherever investments are made, after making a good profit, the capital often goes into real estate, and your thinking seems good from the start. You may not have problems and frauds in real estate but in our side real estate fraud is very high. People sell one land to many people. So we often have a lot of land disputes and that's why I don't prefer to invest in real estate myself. However, this does not mean that real estate is not a good investment.

I did not explicitly say that I do not want to invest in Bitcoin because they aren't tangible, I only stated that as an advantage of real estate over Bitcoin. OP asked a question and I made my choice based on what I think will be best for my personality. If you'd be honest, not everything is Bitcoin. I like to ask people what they'll do with their Bitcoin if they wake up and the value is 1000 times what it was, and guess what? I haven't gotten a firm response before. Some people say they may buy land, start a large business, etc. I know what I did when I chose real estate. With 1 million US-Dollar/Euro/GBP, I'll be able to own a lot of houses, the money that comes from that, I can decide what I want to do with it. Maybe buy/build more houses, maybe buy Bitcoin, but with that assured steady income, it's easier to make a decision.



 

 

 

 

 

 


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November 07, 2023, 12:12:35 AM
 #397

I would prefer cryptocurrency investment to the other two. Apart from cryptocurrency investment, next in line should be business. I have got some piece of land but i am not exited about it because it will not appreciate anytime soon while bitcoin can give some surprising appreciation just like what happened last week.
Business in the other hand gives daily return which is very nice to see money flowing daily. But we still need to understand that all the above requires skills and has their own magnitude of risk. Nothing is 100% risk free and without knowledge you might not be able to make money.
For me bitcoin first, business second and then real estate.

You might not be excited today about your land, but it will surely appreciate, and its appreciation depends on the area it's located in. If it's in an area that is likely to catch up so quickly with development, your land will appreciate, and you'll be happy then. Every asset has different ways of generating profit and also depends on the amount invested and the time frame. I still remember the area where one of my in-laws built his house. When he bought a plot of land there about 10 years ago, the land was very cheap, and there were not many houses there (only about 2 or 3), but if you go there today to buy that one plot of land, you will buy it at more x20 of the initial price it was sold for in the past 10 years.

Proper knowledge of all those types of investments is needed before someone can be able to start and manage those investments. If one has a grounded knowledge of those investments and also has a good sum of money to finance them all at once, then it's not a bad decision.

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November 07, 2023, 12:28:45 AM
 #398

doing business is the hardest of all the others, the other doesn't necessarily require commitment and effort, even more so with investment, you just put money in cryptocurrency that you deemed promising and you're done.
with real estate, same thing, find the cheapest real estate there is, even not in mint condition so long its cheap and can be repaired its fine, eventually the price will rise, considering the housing price right now, many kept saying housing is in bubble but until now it never truly explodes. therefore the increase in price is imminent.
meanwhile business, will require massive commitment and effort, there's also 90% chance of failing and went into bankruptcy but undoubtedly if someone could succeed then it will be massive source of income.
i'd go with investment though since it is the simplest.

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November 07, 2023, 06:05:38 PM
 #399

doing business is the hardest of all the others, the other doesn't necessarily require commitment and effort, even more so with investment, you just put money in cryptocurrency that you deemed promising and you're done.
with real estate, same thing, find the cheapest real estate there is, even not in mint condition so long its cheap and can be repaired its fine, eventually the price will rise, considering the housing price right now, many kept saying housing is in bubble but until now it never truly explodes. therefore the increase in price is imminent.
meanwhile business, will require massive commitment and effort, there's also 90% chance of failing and went into bankruptcy but undoubtedly if someone could succeed then it will be massive source of income.
i'd go with investment though since it is the simplest.
    Of all three options, for me real estate is the best because it's one that looks more productive the other options are good no doubt but the long term goals of real estate is more huge than every other option. Before now, real estate was doubted by most people cause they felt it was  one with no future and this made them opt for business that even had probability of making wave or not and then crypto currency that seemed like it's returns gets back at some certain seasons or situations in the economy.
    Real estate over the years have grown to become more purposeful and even rushed by people who had fore insights to it and now that it's boomed, everyone else is striving to key into it cause now the growth and expansion of it is evident. All said, it's never too late to let into it also, we shouldn't always be the doubting Thomas, take the bull by the horn, it'll be difficult to start but just think of the future of it in few years to come, it keeps expanding everyday.
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November 07, 2023, 06:21:21 PM
 #400

doing business is the hardest of all the others, the other doesn't necessarily require commitment and effort, even more so with investment, you just put money in cryptocurrency that you deemed promising and you're done.
with real estate, same thing, find the cheapest real estate there is, even not in mint condition so long its cheap and can be repaired its fine, eventually the price will rise, considering the housing price right now, many kept saying housing is in bubble but until now it never truly explodes. therefore the increase in price is imminent.
meanwhile business, will require massive commitment and effort, there's also 90% chance of failing and went into bankruptcy but undoubtedly if someone could succeed then it will be massive source of income.
i'd go with investment though since it is the simplest.
    Of all three options, for me real estate is the best because it's one that looks more productive the other options are good no doubt but the long term goals of real estate is more huge than every other option. Before now, real estate was doubted by most people cause they felt it was  one with no future and this made them opt for business that even had probability of making wave or not and then crypto currency that seemed like it's returns gets back at some certain seasons or situations in the economy.
    Real estate over the years have grown to become more purposeful and even rushed by people who had fore insights to it and now that it's boomed, everyone else is striving to key into it cause now the growth and expansion of it is evident. All said, it's never too late to let into it also, we shouldn't always be the doubting Thomas, take the bull by the horn, it'll be difficult to start but just think of the future of it in few years to come, it keeps expanding everyday.
Return of investment might be long in real estate but it is really that something that could fit out on speaking about passive income specially if you do have tons of rental units.
The main issue or concern when it comes to real estate business is that its never been cheap, this is why only a few could really be able to touch up this space since its really that something
that most people do really look for on which i couldn't really blame them on having this kind of option yet we cant really deny that when it comes to passive income then i do prefer this business too.
Just like i have said  that it doesnt come cheap and this is why they would really be missing out such opportunity but if there's a chance on getting one then it would really be that great.

Among the 3 then as much as possible then you should really be that getting those 3 as your target which we know that diversification would really be always having
that kind of edge when it comes to this. You cant really be that making yourself that get contented if you do only have that one source.
The more the better as always.
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