armanda90
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October 09, 2023, 04:35:12 PM |
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Talking about which one better between "real estate vs cryptocurrency" depending preference of our skill have good controlling when try investing in real estate or not? its difference from cryptocurrency investment when trying with real estate or other business have important about knowledge and skill as first important thing. If can't handle well with business and lack knowledge about real estate investment better make cryptocurrencies for investment assets in the future. Its not bad ideas when trying with all investment kinds, but depend on manage well or not with real business such as real estate or property need more information exactly in the future will this location as our real estate investment have values later or not worth yet in the future.
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slapper
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Leading Crypto Sports Betting & Casino Platform
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October 10, 2023, 08:01:31 AM |
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Talking about which one better between "real estate vs cryptocurrency" depending preference of our skill have good controlling when try investing in real estate or not? its difference from cryptocurrency investment when trying with real estate or other business have important about knowledge and skill as first important thing. If can't handle well with business and lack knowledge about real estate investment better make cryptocurrencies for investment assets in the future. Its not bad ideas when trying with all investment kinds, but depend on manage well or not with real business such as real estate or property need more information exactly in the future will this location as our real estate investment have values later or not worth yet in the future.
Investing; it's a heavy term, no? We're comparing real estate and cryptocurrency, two very distinct fields. Real estate requires knowledge and talent, as you say. This field requires knowledge of markets, geography, and property values. Is cryptocurrency really easier for real estate novices? Despite its simplicity, cryptocurrency is risky. Bitcoin, Ethereum, and other cryptocurrencies face market volatility, legislative changes, and technological weaknesses. Does that make them safer for beginners? Not necessarily. Real estate and cryptocurrency require deep understanding to navigate. Could cryptocurrency investment's seeming simplicity hide its hazards and complexities? Investing is never uniform. Understanding the nuances of your field (real estate or cryptocurrency) is key. Is it about learning and investing carefully in an area, or about choosing the lesser of two complexities?
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Bitcoin_people
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October 10, 2023, 09:53:29 AM |
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
This idea of yours will never be possible because no one will pay you half a million dollars, and your strange plan will not work. If a person is paid a large amount of money he will certainly say some strange things that are tempting, but he will not have a permanent thought for the future. But if I make a plan like yours it will be the biggest mistake of my life. Because if I have a lot of money then of course I will spend money first in business so that I can get good profit from it in future. And then save the real estate that my future generations will be able to enjoy and be financially sound. And when I am full of money then I will think of investing, I will invest the amount of money that I can afford to lose. Because cryptocurrency conscience is always risky so if you have savings you should invest with that money. But if you have the money, it is better to buy the essentials and keep them. But the smartest thing to do instead is to build a business so that my future generations can prosper from this business.
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wmaurik
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October 11, 2023, 09:52:13 AM |
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
Why do you immediately judge yourself that you will not be successful in the business sector? In fact, everyone who tries persistently and consistently in the business sector will find success even though they have to go through failure many times. Because for everyone who wants to try a business and wants to be successful through that business, they can also see other people's experiences as a very important lesson, for example, the pain a person experiences when they fail in a business and that means we don't have to fail so we can feel the pain. Because we already know first through other people's experiences. If the priority is long-term storage with low risk, real estate can be the best choice for stable passive income. People who own a business and have been successful in business can buy real estate and also save their money in the form of crypto assets. Not everyone is successful in business, maybe for that reason some people don't like doing business. However, if you survey several people who have wealth above the average, the majority of their main income comes from doing business.
The large number of successful people through business has become a mature consideration for everyone that a business can still be chosen as the best option to make as much money as possible. Although in the end this money will also be taken into real estate and also into assets that can be held in the long term, for example Bitcoin, gold and land. This means that business is still the thing most people look at apart from cryptocurrency, which can also be used as a pretty good and quite promising investment.
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Ben Barubal
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Eloncoin.org - Mars, here we come!
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October 11, 2023, 01:06:33 PM |
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In the situation of my life now that I am a single Dad and cryptocurrency is all I can do as a source of cryptocurrency and doing a small business here in the place where I live. Although somehow this crypto trading also helps me somehow.
but in fairness, those three are really good investments, real estate, crypto and business, there's no denying that.. But what you can do should be there first and don't force what you can't do right now.
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iv4n
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October 11, 2023, 06:09:03 PM |
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Talking about which one better between "real estate vs cryptocurrency" depending preference of our skill have good controlling when try investing in real estate or not? its difference from cryptocurrency investment when trying with real estate or other business have important about knowledge and skill as first important thing. If can't handle well with business and lack knowledge about real estate investment better make cryptocurrencies for investment assets in the future. Its not bad ideas when trying with all investment kinds, but depend on manage well or not with real business such as real estate or property need more information exactly in the future will this location as our real estate investment have values later or not worth yet in the future.
Investing; it's a heavy term, no? We're comparing real estate and cryptocurrency, two very distinct fields. Real estate requires knowledge and talent, as you say. This field requires knowledge of markets, geography, and property values. Is cryptocurrency really easier for real estate novices? Despite its simplicity, cryptocurrency is risky. Bitcoin, Ethereum, and other cryptocurrencies face market volatility, legislative changes, and technological weaknesses. Does that make them safer for beginners? Not necessarily. Real estate and cryptocurrency require deep understanding to navigate. Could cryptocurrency investment's seeming simplicity hide its hazards and complexities? Investing is never uniform. Understanding the nuances of your field (real estate or cryptocurrency) is key. Is it about learning and investing carefully in an area, or about choosing the lesser of two complexities? So what kind of knowledge and skills do you need to invest in the real estate business? Where do you live? As I know for real estate business you need money... and not just some amount of money, we are talking about big money. The bigger the city and the closer we are to the center, the figures only increase, we are talking about millions of dollars here. OP started this topic with "Let's imagine that you have half a million US-Dollar/Euro/GBP"... well, let's imagine you have 100$ and can you (or anyone) explain me how to get into the real estate business with 100$? What kind of knowledge and skills can help me? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Dimitri94
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October 11, 2023, 07:19:45 PM Merited by fillippone (1) |
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
I make a plan like yours it will be the biggest mistake of my life. Because if I have a lot of money then of course I will spend money first in business so that I can get good profit from it in future. And then save the real estate that my future generations will be able to enjoy and be financially sound. And when I am full of money then I will think of investing, I will invest the amount of money that I can afford to lose. Because cryptocurrency conscience is always risky so if you have savings you should invest with that money. But if you have the money, it is better to buy the essentials and keep them. But the smartest thing to do instead is to build a business so that my future generations can prosper from this business. The real estate business has expanded tremendously these days. If one wants he can manage this business but it is not the business that will bring good results for everyone. Very few people do this business and they are able to make profit. Here are some tasks that are very difficult for a typical man to do. A person cannot acquire real estate business knowledge easily. He needs to gain extensive experience in various matters and this business requires a lot of capital which is not possible for everyone. On the other hand investing in cryptocurrency is also risky but less than real estate. Here a person can start investing with initial knowledge in a short period of time but it is not possible for a real estate businessman.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2023, 07:29:32 PM |
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Talking about which one better between "real estate vs cryptocurrency" depending preference of our skill have good controlling when try investing in real estate or not? its difference from cryptocurrency investment when trying with real estate or other business have important about knowledge and skill as first important thing. If can't handle well with business and lack knowledge about real estate investment better make cryptocurrencies for investment assets in the future. Its not bad ideas when trying with all investment kinds, but depend on manage well or not with real business such as real estate or property need more information exactly in the future will this location as our real estate investment have values later or not worth yet in the future.
Investing; it's a heavy term, no? We're comparing real estate and cryptocurrency, two very distinct fields. Real estate requires knowledge and talent, as you say. This field requires knowledge of markets, geography, and property values. Is cryptocurrency really easier for real estate novices? Despite its simplicity, cryptocurrency is risky. Bitcoin, Ethereum, and other cryptocurrencies face market volatility, legislative changes, and technological weaknesses. Does that make them safer for beginners? Not necessarily. Real estate and cryptocurrency require deep understanding to navigate. Could cryptocurrency investment's seeming simplicity hide its hazards and complexities? Investing is never uniform. Understanding the nuances of your field (real estate or cryptocurrency) is key. Is it about learning and investing carefully in an area, or about choosing the lesser of two complexities? So what kind of knowledge and skills do you need to invest in the real estate business? Where do you live? As I know for real estate business you need money... and not just some amount of money, we are talking about big money. The bigger the city and the closer we are to the center, the figures only increase, we are talking about millions of dollars here. OP started this topic with "Let's imagine that you have half a million US-Dollar/Euro/GBP"... well, let's imagine you have 100$ and can you (or anyone) explain me how to get into the real estate business with 100$? What kind of knowledge and skills can help me? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) One of the main reasons on why people cant touch up this real estate business on which it is really true that this one really talks about millions of money which you would really be needing for you to be able to purchase up some real estate or property but we know that there are really indeed corners of the world on which value of USD is high on which 500k would really be already that significant on buying out a couple of properties on which you could really make use of in speaking about rental businesses or passive income on which it is something that must have if you are really that thinking for long term. It is really just that sad that majority of people doesnt really have that capability on acquiring such property due to the value or the money they do have.If we would really be given some chance then of course we would really be choosing thing over among other types of investment but in overall if you do have that sufficient money then diversification in 3 different parts or corners would really be that recommended on doing so because we do know on what are the benefits on having that diversified funds on which it would really be making out that back up on each other whenever the one investment fail or simply you could really that be able to sustain if one fails.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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iv4n
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October 11, 2023, 08:38:14 PM |
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... One of the main reasons on why people cant touch up this real estate business on which it is really true that this one really talks about millions of money which you would really be needing for you to be able to purchase up some real estate or property but we know that there are really indeed corners of the world on which value of USD is high on which 500k would really be already that significant on buying out a couple of properties on which you could really make use of in speaking about rental businesses or passive income on which it is something that must have if you are really that thinking for long term.
It is really just that sad that majority of people doesnt really have that capability on acquiring such property due to the value or the money they do have.If we would really be given some chance then of course we would really be choosing thing over among other types of investment but in overall if you do have that sufficient money then diversification in 3 different parts or corners would really be that recommended on doing so because we do know on what are the benefits on having that diversified funds on which it would really be making out that back up on each other whenever the one investment fail or simply you could really that be able to sustain if one fails.
Oh, now we are at the second part... you can have millions, but to get into the real estate business you need "connections". If you don't have connections with the "government & some people in power" then you will suck it big time when it comes to getting licenses for building and everything else. You don't get in the "circle" just with money, outsiders can be wiped out just like that. Maybe I went too high here... buying some small apartment or rearranging some old house is one thing, and people can do it without confronting big players, but even that can be pretty much expensive. Anyway, the real estate business is not something we can get into just like that, and for sure it's not impossible to start it without huge capital.
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gunhell16
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October 11, 2023, 10:41:51 PM |
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In my opinion, both are the same, it depends on ourselves in carrying it out to take advantage and if it is successful other things can follow. It all depends on the skills we have, I think if there is a profitable business path that we have mastered then that is better and vice versa, when we understand and understand Bitcoin investment then it is also a good choice to build assets and also make a profit as much as possible to be able to create other sources of income.
Sometimes we are just spending time but don't show any attention in getting education about it. If we demand to be successful then we should also do the things that are essential in our well deserved success. Sometimes we think that we do all the things then why we fail to get rewards the reason is that we don't deserve it because just money is not needed to make money but your abilities also have strong impact on your attainment. I don't agree with those people who says that if they enter into the profitable business then their recompense will be 100% certain but it also be conditional on your management that how you take this business and how you manage the difficulties comes in you ways. That's correct; in the modern world, even in the company that we wish to found, there is no cheap real estate that can be purchased. With cryptocurrencies, it's much better, at least if you can afford it. You can purchase Bitcoin in any amount, as well as other cryptocurrencies that may one day allow us to benefit. Although everyone on this discussion platform is aware that all of that is what they as well want in their lives, we will naturally prioritize what we know we can do and attain right away because there is no need to rush, right?
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Uruhara
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October 11, 2023, 10:58:49 PM |
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In the situation of my life now that I am a single Dad and cryptocurrency is all I can do as a source of cryptocurrency and doing a small business here in the place where I live. Although somehow this crypto trading also helps me somehow.
but in fairness, those three are really good investments, real estate, crypto and business, there's no denying that.. But what you can do should be there first and don't force what you can't do right now.
We really have to focus more on choosing things we can do now. Real Estate definitely attracts everyone's attention and everyone definitely wants it. But not everyone is able to enter the real estate field. Likewise in business. Not everyone has sufficient capital to start a business. But through crypto, even those who have small capital can still enter and trade in it. But with the condition that you must have sufficient insight before entering. Real Estate requires the largest capital, Business also requires large capital but not as much as Real Estate, and crypto requires the smallest capital. But if we have large capital, then entering all three at once may be possible with financial division that has been adjusted to the level of risk being taken.
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odunybiz
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October 13, 2023, 03:24:34 AM |
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Let's imagine that you have half a million US-Dollar/Euro/GBP and want to feel financially safe and build a better future. 1. Real estate - It's probably one of the safest investment option out there. Inflation rises, rent and apartment prices rise too, if inflation turns into deflation, your rent/apartment price still remains the same. With half a million, you can buy two or more good apartments in eastern Europe and live on your rent income.
2. Cryptocurrencies are very volatile but rewarding. If you have a discipline and don't let your emotions take control over your decisions, then you can probably grow your capital by 200-500% a year. At least I think so, I think that's possible if one spends most of his time on exchanges and if necessary, spends some nights. So, crypto is very volatile and rewarding but another problem here is that you are dependent on exchanges, what will you do if they don't let you withdraw? Another problem is that you have to take care of your coins because once they are gone, they are gone forever.
3. Business - It's like an income generated by Proof Of Work algorithm. Depends on the business and the person, one can achieve a huge financial success and influence or a total failure. But a big and successful business can outperform real estate and crypto investments. To my mind, proof of work is the only thing that can deal with absolutely any kind of financial crisis and disasters.
Which one would you choose from these and why?
P.S. Spam will not be tolerated, that's why I open self-moderated thread. You post spammy, meaningless post and I'll immediately remove it! Don't ever try to do that here!
I think business should be my first pick before others. Although nothing is guaranteed in this world but each come with lesser risk than each other. The volatility of. Crypto can easy make you lose all your money in crypto especially if being too greedy.
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dumbymamby
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October 13, 2023, 09:19:46 AM |
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Let's imagine that you have half a million US-Dollar/Euro/GBP and want to feel financially safe and build a better future. 1. Real estate - It's probably one of the safest investment option out there. Inflation rises, rent and apartment prices rise too, if inflation turns into deflation, your rent/apartment price still remains the same. With half a million, you can buy two or more good apartments in eastern Europe and live on your rent income.
2. Cryptocurrencies are very volatile but rewarding. If you have a discipline and don't let your emotions take control over your decisions, then you can probably grow your capital by 200-500% a year. At least I think so, I think that's possible if one spends most of his time on exchanges and if necessary, spends some nights. So, crypto is very volatile and rewarding but another problem here is that you are dependent on exchanges, what will you do if they don't let you withdraw? Another problem is that you have to take care of your coins because once they are gone, they are gone forever.
3. Business - It's like an income generated by Proof Of Work algorithm. Depends on the business and the person, one can achieve a huge financial success and influence or a total failure. But a big and successful business can outperform real estate and crypto investments. To my mind, proof of work is the only thing that can deal with absolutely any kind of financial crisis and disasters.
Which one would you choose from these and why?
P.S. Spam will not be tolerated, that's why I open self-moderated thread. You post spammy, meaningless post and I'll immediately remove it! Don't ever try to do that here!
I think business should be my first pick before others. Although nothing is guaranteed in this world but each come with lesser risk than each other. The volatility of. Crypto can easy make you lose all your money in crypto especially if being too greedy. But to start a business, one needs money. He may need a lot of money, which doesn't guarantee his business can run well. They still have to work hard to grow their business. They also have to think about strategies to make their business grow. But if they want to invest in crypto, they can start with limited capital and still meet their daily needs. But choosing a business can be done as long as you know what business you want to create.
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Learn Bitcoin
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October 13, 2023, 09:31:59 AM |
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I think business should be my first pick before others. Although nothing is guaranteed in this world but each come with lesser risk than each other. The volatility of. Crypto can easy make you lose all your money in crypto especially if being too greedy.
A business requires too much dedication and effort to make it successful. I guess I have posted this in this thread before but I am saying it again. There a lot of rich kids whose dad has billions of dollars but their kids can't make a start-up. Even if they start, most of their start-up fails. The reason is they are not dedicated enough to their business. They want to run their business simply with their money. Only money cannot make everyone successful. The safer option here is Real estate as you need a few caretakers and monitor your business. The 2nd easiest is cryptocurrency even though it's volatile. If you are afraid of other currencies, go for Bitcoin. It will give you a good return in the long run.
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dothebeats
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October 13, 2023, 12:05:52 PM |
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I think business should be my first pick before others. Although nothing is guaranteed in this world but each come with lesser risk than each other. The volatility of. Crypto can easy make you lose all your money in crypto especially if being too greedy.
A business requires too much dedication and effort to make it successful. I guess I have posted this in this thread before but I am saying it again. There a lot of rich kids whose dad has billions of dollars but their kids can't make a start-up. Even if they start, most of their start-up fails. The reason is they are not dedicated enough to their business. They want to run their business simply with their money. Only money cannot make everyone successful. The safer option here is Real estate as you need a few caretakers and monitor your business. The 2nd easiest is cryptocurrency even though it's volatile. If you are afraid of other currencies, go for Bitcoin. It will give you a good return in the long run. All three of them take dedication and effort. If you are just going to leave your property in the hands of other people then you are taking a large risk, especially if you end up having no idea what is going on. The same thing applies to cryptocurrency as not updating yourself on the latest changes about the economy and the system may affect your investment. To put it simply each of the three requires different scales of effort and dedication depending on the risk an individual is willing to take in order to make it work and actually make a profit from it. Additionally, the three of them also have their own significant risks that we should know and consider before making a decision. At the end of the day, our decision relies on how much we are willing to risk as well as how dedicated we plan to be.
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Mr. Magkaisa
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October 13, 2023, 12:29:36 PM |
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In the situation of my life now that I am a single Dad and cryptocurrency is all I can do as a source of cryptocurrency and doing a small business here in the place where I live. Although somehow this crypto trading also helps me somehow.
but in fairness, those three are really good investments, real estate, crypto and business, there's no denying that.. But what you can do should be there first and don't force what you can't do right now.
We really have to focus more on choosing things we can do now. Real Estate definitely attracts everyone's attention and everyone definitely wants it. But not everyone is able to enter the real estate field. Likewise in business. Not everyone has sufficient capital to start a business. But through crypto, even those who have small capital can still enter and trade in it. But with the condition that you must have sufficient insight before entering. Real Estate requires the largest capital, Business also requires large capital but not as much as Real Estate, and crypto requires the smallest capital. But if we have large capital, then entering all three at once may be possible with financial division that has been adjusted to the level of risk being taken. - That's true, mate. We should start with just what we have; it's possible to start with a small amount in the business; just be patient, even if it's just a small income at the beginning. The bad thing is that we worked hard and persevered, but in the end we didn't get any profit. It's okay to have a few days without anything as long as it breaks even; just don't lose a few days. But if you have an idea about trading, it's good to try to start with crypto trading. That's why it's not advisable to enter it without knowledge; the capital you use here will be lost for sure. But if you're a rich person, you can get all that at the same time.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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wmaurik
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October 13, 2023, 02:44:40 PM |
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In the situation of my life now that I am a single Dad and cryptocurrency is all I can do as a source of cryptocurrency and doing a small business here in the place where I live. Although somehow this crypto trading also helps me somehow.
but in fairness, those three are really good investments, real estate, crypto and business, there's no denying that.. But what you can do should be there first and don't force what you can't do right now.
Each person will make their choice based on their individual abilities and skills, because each person does not have to do these three things simultaneously if their abilities are only for two jobs. Actually, you are also doing quite well for yourself when you are able to run a small business and also carry out crypto trading with great confidence. Because indirectly you already have very good abilities by continuing to carry out two different jobs even though they are still in the small category, but that won't be a problem because everything big also starts from small things.
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Youngkhngdiddy
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October 13, 2023, 02:55:26 PM |
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We really have to focus more on choosing things we can do now. Real Estate definitely attracts everyone's attention and everyone definitely wants it. But not everyone is able to enter the real estate field. Likewise in business. Not everyone has sufficient capital to start a business. But through crypto, even those who have small capital can still enter and trade in it. But with the condition that you must have sufficient insight before entering.
Real Estate requires the largest capital, Business also requires large capital but not as much as Real Estate, and crypto requires the smallest capital. But if we have large capital, then entering all three at once may be possible with financial division that has been adjusted to the level of risk being taken.
If you want to succeed in the crypto business, you still have to start with a reasonable capital so that it will really affect you when the coin starts to dip. Investing in bitcoin still requires a reasonable amount to begin. Though the capital may not be as bulky as going into real estate or starting a business. They’re still some businesses that doesn’t require large capital to begin and yet such businesses still survive. The three options are very lucrative business one should look forward in starting if they haven’t yet. Acquiring land is a good asset to have, and if you can’t afford the capital to get one, crypto investment with a reasonable capital is also a good option. I keep illustrating on the capital cause it will really give you the edge of keeping your portfolio afloat. And of course you can’t start up something you have no idea about, so it best you have idea of the mode of execution you want to achieve. You can have idea and have the best analyst but due to the fact that we don’t have the power to predict the price action of the coins couple with the high volatility of the market, if you want to start with a small capital like you’ve said. You will see your money vanishing right in your eyes if the market should go against your analysis. Its advisable to begin with a reasonable capital so you won’t be an example to circumstances.
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Learn Bitcoin
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October 14, 2023, 02:06:18 AM |
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A business requires too much dedication and effort to make it successful. I guess I have posted this in this thread before but I am saying it again. There a lot of rich kids whose dad has billions of dollars but their kids can't make a start-up. Even if they start, most of their start-up fails. The reason is they are not dedicated enough to their business. They want to run their business simply with their money. Only money cannot make everyone successful. The safer option here is Real estate as you need a few caretakers and monitor your business. The 2nd easiest is cryptocurrency even though it's volatile. If you are afraid of other currencies, go for Bitcoin. It will give you a good return in the long run.
All three of them take dedication and effort. If you are just going to leave your property in the hands of other people then you are taking a large risk, especially if you end up having no idea what is going on. The same thing applies to cryptocurrency as not updating yourself on the latest changes about the economy and the system may affect your investment. To put it simply each of the three requires different scales of effort and dedication depending on the risk an individual is willing to take in order to make it work and actually make a profit from it. Additionally, the three of them also have their own significant risks that we should know and consider before making a decision. At the end of the day, our decision relies on how much we are willing to risk as well as how dedicated we plan to be. I understand your point. We were talking about which is easier compared to others and why we like one over others. Those are my personal opinions based on my work habits and how I like to work. Some people might like public functions which I don't like at all. Business is best for them. I always like to work alone as I always feel good working alone. If you talk about management, I love to observe things and tell my workers which ones they should improve. When It comes to real estate, Once you develop the structure, all you need is to maintain your property which should not require a lot of work. I see this business as the easiest one compared to the one one. Crypto will be my 2nd choice as I spend a lot of time in front of my computer.
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Betwrong
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I stand with Ukraine.
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October 16, 2023, 06:56:05 AM |
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I think you are right about Bitcoin, but regarding real estate I would rather disagree with you. Please read my posts above. Real estate is not something that for certain will retain its price in the future. You can google "what is the safest investment" and "real estate" will not be in the top 10 even. True, Bitcoin will not be there either, but most of us here are more experienced in Bitcoin market fluctuations than that of real estate, so I think we know more what expect from BTC than from many other so-called "low-risk investments".
We want to think that we know what to expect from Bitcoin, but imagine if the price now drops to 10k and remains at this level for several years, how much will this affect our investments, real estate in this regard seems more stable, and may lose value more than 70% of its value only in extreme cases, but real estate does not have the same profitability as Bitcoin. Each case must be considered separately. It's true that investing in Bitcoin is riskier than in real estate. But if we are of investing only what we can afford to lose, I would choose BTC still. Especially at this point, when Bitcoin costs 3 times less than not so long ago. We've been there, BTC was dropping from $20k to $3k, and then rising from there upwards to $70k some years later. I don't think we can name areal estate that had risen so much in a relatively short period of time.
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