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Author Topic: Bitcoin an opportunity like land  (Read 1549 times)
Nothingtodo
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February 15, 2024, 09:12:30 AM
 #181

Bitcoin is as safe as investing in gold and land, especially when investing in gold and land is virtually risk-free. But in the context of my country, if I invest in gold and land than keeping money in the bank, then I will get much more profit and due to the unbridled increase in inflation, if I keep money in the bank, the value of that money will decrease day by day. But investing in bitcoin and land or gold will not have any effect of inflation because natural resources especially gold and land are limited in supply and day by day increasing demand for these will gradually increase in price. will be

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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February 15, 2024, 12:07:41 PM
 #182

Bitcoin is as safe as investing in gold and land, especially when investing in gold and land is virtually risk-free. But in the context of my country, if I invest in gold and land than keeping money in the bank, then I will get much more profit and due to the unbridled increase in inflation, if I keep money in the bank, the value of that money will decrease day by day. But investing in bitcoin and land or gold will not have any effect of inflation because natural resources especially gold and land are limited in supply and day by day increasing demand for these will gradually increase in price. will be
You are getting a whole lot of these wrong. First, there is no investment that is risk-free, be it Bitcoin, Gold, or even land, they have their degree of risk, only that they might be less risky than some investments. But that doesn't mean they are outrightly out of risk. Permit me also to say that I invest in all three, so I can say of them even as anyone could have access to the same information even if they've never invested in them, they are all over the internet for our consumption.

Contrary to what you said, if you buy the land, your money has been converted to it, so there is no need to keep anything in that bank anymore. You don't even have the money again with you. Or do you think you still hold the liquid money or cash even as you hold the land which is now your asset? That's not possible. The same thing goes for Gold and Bitcoin, you've already used your fiat money to purchase them, you can't store their value in the bank again, you can only own them as the store of the value.

And when they appreciate more, you get, but if they depreciate, you lose. It's as simple as that.

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February 16, 2024, 11:08:44 PM
 #183

The opportunities that Bitcoin brings is higher than land but land is a gradual process you can invest in bitcoin today and become rich tomorrow or that same minutes of your investment…..but land you can invest in land now and no develop around the area you have your land and it loses value….it takes time for development to arrive in some areas it is for anyone who wants to invest in land to choose the right area and neighborhood to acquire his/her land
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February 19, 2024, 03:38:46 PM
 #184

If anyone ask me that question I will say that Bitcoin is easier from buying lands. Because if anyone goes for buying land there is many tasks he have to face like  paper works. On the other hand if anyone wanna buy bitcoin he has to just create a wallet for adopting. Yes there is also difficulty in buying Bitcoin like you cannot sell Bitcoin anytime if you wanna get profit. Like if you invest for long term in the mean time if you are facing anyone sensitive situation and the Bitcoin price goes to down here you have to face loss. But I think even investing in Bitcoin people should have fund available for emergency situation.
I think there is a big difference between bitcoin and buying land. If you buy land and keep it, you can't sell it easily. And if you invest bitcoin, you can sell it anytime you want. I prefer buying land to investing in bitcoin.  more interested in doing  I prefer Bitcoin because I am more interested in investing in Bitcoin than buying land so I will invest in Bitcoin.

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February 19, 2024, 04:52:16 PM
 #185

Bitcoin have a greater opportunity than land, Bitcoin create jobs opportunities for at least 20 million people in the world, Bitcoin and land can not be compared if you ask me.you acquire a plot of land else where few years later the government of Day might decide to take over the whole of that area to be government residential area and you lost everything.  Bitcoin can not fail you neither any government of the day take over your coin from you.
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February 19, 2024, 05:35:13 PM
 #186

Actually, every day the population around the world is increasing and land was decreasing drastically, having an imbalance between supply and demand which has the potential to make land more expensive.
Both investment kinds between bitcoin and land are more profitable in the future but not all similar and give large benefit profitable when investing in the land. Natural factors can be one of the causes of land having problems and can potentially reduce prices even though we have invested for quite a long time, but unlike bitcoin, it has the potential to increase prices more easily and the investment process in bitcoin is much easier than investing in land.

"If given the choice between investing in land or Bitcoin, I would prefer investing in Bitcoin".

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February 20, 2024, 10:26:44 AM
 #187

I think there is a big difference between bitcoin and buying land. If you buy land and keep it, you can't sell it easily. And if you invest bitcoin, you can sell it anytime you want. I prefer buying land to investing in bitcoin.  more interested in doing  I prefer Bitcoin because I am more interested in investing in Bitcoin than buying land so I will invest in Bitcoin.
I don't know if you are right. You once said in this post that you prefer buying land to Bitcoin. Again you said you prefer buying bitcoins to buying land. Are you even able to make a proper plan to buy either of these two?

The main difference between Bitcoin and Land is that Bitcoin is a digital currency whereas land is a natural resource. Both of these are good to invest in but for me investing in bitcoin is considered better than land. Because the price of Bitcoin will not increase in the same way that the price of land will increase. The price of Bitcoin may rise suddenly and fall suddenly but the amount of land does not rise suddenly or fall suddenly.

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February 20, 2024, 11:47:21 AM
 #188

I think there is a big difference between bitcoin and buying land. If you buy land and keep it, you can't sell it easily. And if you invest bitcoin, you can sell it anytime you want. I prefer buying land to investing in bitcoin.  more interested in doing  I prefer Bitcoin because I am more interested in investing in Bitcoin than buying land so I will invest in Bitcoin.
That's right, selling land can be a very labor-intensive business, and you can sell it below the market price if the sale is urgent, or the sale can take a very long time. In addition, land will never rise in price as quickly as Bitcoin does.

There are no such problems with Bitcoin, it can be sold at any time, day or night, at the market price and there will always be those who will be ready to buy it from you. There are even services that can buy it from you for cash if necessary, in which case you will most likely sell it a little cheaper, but that’s if you have such a need. So it seems to me that the advantages of investing in Bitcoin are much more attractive and choosing Bitcoin is very simple.
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