Real estate vs cryptocurrencies vs business

[batang_bitcoin]

Each of the above business forms has advantages and disadvantages. What they have in common is the potential for large profit expansion. Whether you have a lot of money or a little money or a thought to do business, you must at least have knowledge about it, learn about it and be dedicated to that type. If you want to invest in real estate, you must learn and research about it, similar to crypto.

Someone who gets into any business, investment, buying assets or even Bitcoin without having the knowledge about those are just buying for their own satisfaction and don't understand what's on it. They're likely to sell everything at losses when they can't contain the risk that they have.

No one succeeds without failure, I am not a successful person in crypto but I do not give up. The reality is that I missed many opportunities but I always persevered to achieve better.

Well, this is true and you're saying pretty much everything about establishing an investment or a business. We have to experience those and learn from the failures.

[1714996037]

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[Betwrong]

Maybe if you have a lot of spare money, like tens of thousands USD, you should consider all three options. But if it's just hundreds, you have just one option then, and it's crypto.

Really brother? Do you consider ten thousand dollars to be enough to start a real estate business? We can invest as low as $20 in crypto since there is no minimum. Or say we can even buy $10 worth of crypto these days. If you want to start some ordinary business, ten thousand dollars is a kinda good amount to start. But if you talk about the real estate business, I cannot think of a real estate business anything less than 100K USD.

At least one million dollars is a good amount to start a real estate business. But if you cannot afford much but really want to start, I don't think anything lower than a hundred thousand dollars would help. The notable thing is, that it can vary from place to place.

I absolutely agree with you. In most countries you will not buy real estate for less than 100k USD. But there are places where you can buy a flat for around $50k, and I mean in cities. In rural areas the prices are lower, and you can buy real estate there too. I wouldn't advise doing that, though. It's not a rare case when "cheap" real estate in rural area costs even cheaper 10 years later.

[Learn Bitcoin]

I absolutely agree with you. In most countries you will not buy real estate for less than 100k USD. But there are places where you can buy a flat for around $50k, and I mean in cities. In rural areas the prices are lower, and you can buy real estate there too. I wouldn't advise doing that, though. It's not a rare case when "cheap" real estate in rural area costs even cheaper 10 years later.

I understand your point. I know that it varies from country to country. As you may know, I live in a 3rd world country, yet you won't be able to buy land that cheap even on the rural side. This is the reason I cannot imagine a real estate business under a million dollars. I live in a village where you have to spend at least USD 20K to buy the land where you can start building your dream house. Imagine the cost of the building, then. Bangladesh is considered as one of the cheapest countries yet it's not that much cheap to be honest.

[Altryist]

Really brother? Do you consider ten thousand dollars to be enough to start a real estate business? We can invest as low as $20 in crypto since there is no minimum. Or say we can even buy $10 worth of crypto these days. If you want to start some ordinary business, ten thousand dollars is a kinda good amount to start. But if you talk about the real estate business, I cannot think of a real estate business anything less than 100K USD.

At least one million dollars is a good amount to start a real estate business. But if you cannot afford much but really want to start, I don't think anything lower than a hundred thousand dollars would help. The notable thing is, that it can vary from place to place.

And if you don’t buy an apartment, but look at some commercial properties, if you buy them in a good location, it will always be in demand and will bring more profit than renting out housing. Perhaps in some cases you can take out a loan for such an investment, but with a loan everything always becomes more complicated, and everything will depend on how much this property will be in demand, it all depends on the area and location.

[Learn Bitcoin]

And if you don’t buy an apartment, but look at some commercial properties, if you buy them in a good location, it will always be in demand and will bring more profit than renting out housing. Perhaps in some cases you can take out a loan for such an investment, but with a loan everything always becomes more complicated, and everything will depend on how much this property will be in demand, it all depends on the area and location.

I agree!
I don't support taking a loan for investment alone. But you may already know that even billionaires take loans because there is a trick. By taking the loan, they get some advantages. I don't know what are these advantages. Generally, it seems they take loans because they want to invest in their business, but it's not always true.

If you talk about property locations, it is the key factor. If you build your property in an area where you won't be able to rent it, the investment will turn into lose project.