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Author Topic: My view of wealth and assets specially now  (Read 726 times)
JoyMarsha
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December 28, 2023, 08:41:03 PM
 #81

To bring up another line of investment apart from bitcoin and real estate, one can still consider agriculture as one of the best investments someone could also add with bitcoin and Real Estate. When you talk of agricultural produce, you speak of daily demand and consumption.
Agriculture produce is another business that guarantees steady cash flow in the family and community at large if well-planned or established.

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December 29, 2023, 01:57:03 AM
 #82

Well, real estate is a good investment for me if you are capable of buying any of the lots available. Although it is not cheap because we are talking about land, It may not be a good investment for others, but most still believe that it is still a good investment because, as time goes on, the value increases.

So I don't see any loss in real estate investment, to be honest, because it decreases in value with each passing year. Unlike cryptocurrency, bitcoin is very volatile, which will increase and decrease the price value in the market. Although it is possible to earn here in crypto every day, and that depends on the idea or knowledge you have here, if your knowledge is only superficial, you will not achieve the profit you want to get.
Real Estate can also be used for businesses that can provide passive income for us in the future. Which will enable us to achieve financial stability or even financial freedom. It depends on the idea and how we make good use of it. But what is certain is that real estate apart from the price continues to increase from time to time. And also Real Estate can be a source of passive income for us.

But the problem is that real estate is currently expensive. A large amount of money is needed in this case. But we should not force ourselves to enter a field that we are not yet capable of entering. But if you are patient and collect a lot of money. So one day we will definitely be successful in buying Real Estate if we continue to consistently collect money and make money for it.

You're right there. If the real estate you buy is an investment and, after a few years, the place you bought it is developed, it's a good opportunity to build a business, especially since the one you bought is on a commercial lot. You can say it's a winner and you will be there in the future.

That's the beauty of real estate investment. Then you add more investment to the cryptocurrency business, and Bitcoin is a double-bladed profit you will harvest for sure in the end.



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Rainbot
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December 29, 2023, 10:16:44 AM
 #83

I trust btc / gold and cash.
It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.
Gold offcourse If you can hold it where good place to storage i trust physical locations Smiley for example London and i can get credit on my gold collateral aswell Smiley
There is nothing in life without its merits and demerits, i prefer liquidity to all though
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December 29, 2023, 10:46:12 AM
 #84

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.
Debt is not in any way a positive thing because it drags people down when not appropriately used. Debt is just a gap you need to fill when in need, to be repaid with interest. It can be positive when properly used. Research has it that wealthy people borrow for business and investment purposes, as a matter of fact, many has become rich and wealthy with proper use of borrowed money. I know guys that have borrowed money from Financial Institutions for real estate investments that are really doing well in Nigeria. In summary, it depends on debt usability.
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December 29, 2023, 05:42:26 PM
 #85

~
Before investing in Bitcoin, certain things need to be understood at what purpose of wanting to buy Bitcoin. Buying Bitcoin as a store of value, one should note he may not get Bitcoin at the same price he invested, it is either low or higher. If it is lower then he needs it at that moment he has no option either to wait till the price appreciates or sell, selling at that point is taking a loss.
I suggest that instead of using Bitcoin mainly as a store of value it will not be proficient as using Gold. Bitcoin should be most likely used for investment and payment for services.

That's why we are required to be smarter and wiser in sorting and choosing the type of investment we will choose, as well as the type of coin we will buy, if we intend to invest our money in crypto or bitcoin. And if we don't understand enough about this type of investment, it is better for us to choose to invest in a type of investment that is quite easy for us to understand, even though the profits are quite small. Investing in crypto or bitcoin is indeed a promising type of investment for us to be able to get quite large profits, but if we don't really understand it, then this will be quite risky and we could lose quite a large amount of money. And quite a few people are quite interested in crypto and bitcoin... where they see someone who gets big profits from the crypto investments they make, so this becomes a motivation for them to do the same thing and hope they can get the same profits too. . But he forgets that there is a process that he has to go through, and there is a science that he has to master first.

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December 29, 2023, 07:26:20 PM
 #86

Gold and BTC are good for investment in my view because gold has been around since the old times and is a standard of currency while BTC is a new one but gained much trust and popularity among people and always increases its price after halving. You are right real state is working on a debt but do you what the businessman says about the real state, they declared the real state the future investment.
People from ancient times preferred two things for investment:gold and second is real estate once you find a good and good location the price will be double and triple. But BTC is another asset that gains popularity day by day and people prefer BTC instead of gold and real estate it's a little bit risky but this is the risk that allows you to get rich if you lose will not come back.
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December 29, 2023, 11:30:07 PM
Last edit: December 29, 2023, 11:45:38 PM by AmoreJaz
 #87

Gold and BTC are good for investment in my view because gold has been around since the old times and is a standard of currency while BTC is a new one but gained much trust and popularity among people and always increases its price after halving. You are right real state is working on a debt but do you what the businessman says about the real state, they declared the real state the future investment.
People from ancient times preferred two things for investment:gold and second is real estate once you find a good and good location the price will be double and triple. But BTC is another asset that gains popularity day by day and people prefer BTC instead of gold and real estate it's a little bit risky but this is the risk that allows you to get rich if you lose will not come back.

and that means, as much as possible, better to diversify your portfolio if you have the financial means to do so. with diversification, you can get the advantages of having those varied assets. as many people are still not familiar with the crypto market, they will only explore their opportunities to the familiar markets like real-estate and gold.

and when you talk about having debts just to buy certain investment. that is indeed very risky because you have good assurance that there will be positive outcome to such investments. otherwise, you are digging your own grave to debts.

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December 29, 2023, 11:56:00 PM
 #88


I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.

that is why i think real estate is a good investment you can live in it and pass it down to your children and if they want, they can sell it at some point

land is a fixed supply which is why real estate is considered to be a safe investment you just have to pick out a good location
It's true, that real estate and property are good investments, but when you are someone who only has small capital, you won't be able to buy a property or real estate in a strategic location, for that reason i look more at volatile assets that can give you good profits with small capital like bitcoin when you invest in bitcoin, you can have the opportunity to double the value in the next few years, but if you don't really like risk, investing in gold is also a good choice because gold is popular, which are very plentiful and easy to sell, but consider investing in bitcoin because as long as you don't sell your bitcoin then the chance of the value of the money you invest in bitcoin increasing is large.

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December 31, 2023, 11:42:34 AM
 #89


It's true, that real estate and property are good investments, but when you are someone who only has small capital, you won't be able to buy a property or real estate in a strategic location, for that reason i look more at volatile assets that can give you good profits with small capital like bitcoin when you invest in bitcoin, you can have the opportunity to double the value in the next few years, but if you don't really like risk, investing in gold is also a good choice because gold is popular, which are very plentiful and easy to sell, but consider investing in bitcoin because as long as you don't sell your bitcoin then the chance of the value of the money you invest in bitcoin increasing is large.

If a low invester cannot invest in real estate, we can say that he can't even invest in Bitcoin, because at this time the price of bitcoin is also high.Small capital can buy some part of Bitcoin but can't get good profit in it.Good profits can only you get, if you have a good investment. Never think of the low capital that Bitcoin will give you a good profit.

Bitcoin's investment may be risky, but not as much as people think, if investing wisely, the fear of loss may be very low. I don't think that if someone invests in gold than Bitcoin can make more profit. The risk is everywhere. No one can say there is no risk in gold investment.Real estate, gold and bitcoin are all good investments, but the most important thing is this, whoever has experience wherever he should invest there, if you don't have bitcoin investment experience, So there may be loss instead of getting good profit.









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