Topic: A decision to make - page 2. (Read 1066 times)

In this case, I personally prefer to buy a house rather than having to pay rent for an apartment every year. Because having your own home is the most comfortable and safest thing in life. After all, the house is also an important asset that must be owned by every human being who wants to live safely and peacefully, because when a person has his own house, he can design the house as he wants and make the home environment as comfortable as possible as he likes.

And I'm sure if these two options were asked of everyone in this world, surely the answer would be more people who want to buy a house for them to live in or for them to live in. Because it's much better than having to always think about rent for an apartment, which may not always be the same every year, especially if someone's income is uncertain every year, he will definitely be overwhelmed by thinking about rent continuously.

Yes, it does depend on each person's perception and also their respective assessments in enjoying the comfort of their lives, but rest assured that having your own house is a much more comfortable thing than having to rent any building to live in. And I think it also doesn't always depend on the economy, but more on personal intentions, because people with an average income that is not that big can also save to build a house or to buy a house, especially people with above average income. On average, it is certain that he will buy a luxurious house for himself or his family.

It is a risk vs reward situation of the decisions we make based on what utility we need. If you feel like you have a bigger vision for your future life, it's highly recommended that you start your search to buy a home and live in it. If you have enough money left over, go ahead and invest in bitcoin meaning in one for living and the other for investment.

I prefer to prioritize the main or the main, because it is really needed, so I prefer to buy a house,
because my principle about investing is,
using cold money or money that has no purpose to buy anywhere.

because investment is quite risky, same as crypto/bitcoin investment, and I only invest 10% of all my money.

I still prefer to buy a house. Because living in your own home is more comfortable and free. But not sure, everyone is different. Some may choose to rent an apartment, or some may also choose to buy a house.

Depends on one's comfort. If he is comfortable with his own house, he will definitely buy a house. And if he is comfortable with an apartment, he will live by renting an apartment. But it all depends on the economy and one's circumstances.

Regardless of how bitcoin is in bearish or bullish, i think its more important to buy a house first for my family's permanent shelter and then consider investing only once i earned extra money intended just for investment. Though we have different decisions to prefer, but most likely if you have a family, you should consider their security first before you decide on your own. I guess investing can wait, and you can only maximize it if your mind is focused and determined to reach your goal.

I'd rather purchase a house than invest in Bitcoin since nothing compares to the comfort of your own home. Bitcoin's value could plummet overnight, putting you in a tense situation. I'd rather have peace of mind with what I have than expect something huge in the future. Only Allah knows what will happen in the future.

Yes, its a necessity which is really needed for you to reach up before on making other steps like investment but there are people who do mind off on having an investment first and once they do accumulate much or
enough profit then thats the time they would consider on building a house or purchasing some assets which i dont see a wrong idea or plan to have.It doesnt matter on which one would be the first priority as long
you would able to reach out your goal or target then that what matter the most.Decisions will or might vary in each person but we do share up on the same target or goals in life.

Of course, before thinking about investing in Bitcoin, I think it's better to think about primary needs such as houses, clothes and others.
no matter what the investment is, there is no guarantee that it will be profitable because it all requires careful preparation,
regardless, everyone has their own decisions and they need to be responsible for themselves

Usually if we have money, the first goal that we want to achieve is to buy our own property that we can call home hence its understandable why many of us prefer to prioritize buying a house than investing into Bitcoin.

After that everything will follow, get a job, earn money then invest in Bitcoin or any other investment opportunity to secure the future. Bitcoin is moving like a roller coaster ride, so if you missed the bearish market it doesnt mean there's no chance to engage yourself and join the ride. If you're firm to invest in Bitcoin regardless of the price (but of course much better if during dip) you'll buy because Bitcoin will reach another ath again in the future thus its ideal to hold for long period.

House is very important it is the number one needs to us we need shelter second is food and clothings, i think it is better to choose the important things than investing in bitcoin, because even if the market will recover from the dip we can still have another chance in the near future because we can still expect another bearish season in the next few years after the market recover, remember that bitcoin is decentralized and no one can control the price that is why there is always a bull and bear market so there is nothing to worry about the market situation there are always a second chance.

I agree with this kind of line in regarding on having a home which you totally own on where the comfort could really be that crucial yet if you do mind off things when you are just renting
unlike on owning your own house is totally different.It might not be an issue for others but most of the case these are the emotions and mindsets we would really able to experience.

I agree with those sayings because even myself do find out to be that able to think carefully and calmly on my own house where i dont stress out myself on renting or simply
talks about expense.

So its up to you on where you should really be sticking out but do matters on where you do see that you could benefit out on long term process.

Everyone has different priorities in life, so I respect your choice. If you rent an apartment first, so you can have extra money to invest in crypto,
this is the right thing for you to do. Especially if you are lucky and the profit generated from crypto can be bought a house, it will be a happy ending
for you. But everyone has their own way of making decisions, and we may see other people will make different decisions to us and that is a normal
thing in life. As long as the decisions we make are comfortable for ourselves, it's our right to do it. Because I think only we ourselves know what is
best for us, that's why we really have to respect each other's decisions.

I've read advice from successful people in my country, if you already have money the first thing you should buy is a house. The reason is that if you have a comfortable place to live, you can think more calmly and a calm mind can have a good impact on the business you are doing. in other words I will choose to buy a house and after that I will collect bitcoins again.

Yes the two are important investment that everyone will need to invest on, one Need to consider the present or most important situation he or she founds itself to choose on the one to go about. A youth who does not have much responsibility would want to invest in bitcoin but someone who already has family would want to consider to buy a house first to solve the paying of rent every month.

Sometimes on some occasions taking risks is a good move and for investors I think they need to do that,
but that does not mean we can be careless in taking risks,
it's better to consider many things before actually taking the risk

Right now I would rather go for buying a house or apartment to be honest. The next few month are so uncertain with rising inflation that it would be much better to protect ourselves by owning our own apartment or house. Like this we could atleast fix out monthly living cost and are not affected by inflation so much. Owning property is a good protection against inflation. It also has a benefit that if we use a loan for the purchase that the loan will lose it's value over time, so we are actually benefiting of the inflation. With renting it's not guaranteed our salary will keep rising with the increase in living cost. In case you have enough money, buy the house and take out a loan. Like that you still have some money left to invest in bitcoins on the side. And if you have less money to do both, buy an apartment instead of a house.

I don't make decisions like what we do in gambling that only asking for some luck, not assurance. If we decide to invest or to buy a house, we are sure (or at least) we have a bigger chance that we get benefits from them. It was obvious that putting our money to an investment is risky, however, we take that option because we believe that we can multiply our money in the future, we thought that by investing today we can buy a house someday.

If we think that prioritizing investment over buying a house is good, then go for it. besides, we take responsibility for everything we do, so no blaming or regrets after.

As investors we must dare to take risks, I remember the principle of successful investors, namely when we dare to take risks, we have the opportunity to get big profits, maybe this is like gambling, but in my opinion this is natural, the higher the risk, the greater the profit opportunities. .

bitcoin is experiencing a bear market now, housing is on the verge of entering bear market territory...
Cash sitting in cash is another problem though...
Your question cannot be answered constructively because:
a) you did not specify the amount
b) you did not specify the specific real estate opportunity.
c) your daily expenses are unknown
d) do you have mouths to feed?
e) whats your cup noodle stamina level?
f) what is the amount of savings left AFTER your investments?
g) what are your debt obligations?

any advice you get without the details is generic advice and therefore probably inapplicable.
Why?
Real estate has far more variables then btc.
BTC only has 2 variables, up or down, reasons usually come after the action and rarely before.

Do a personal stock take first, ensure there is enough for daily necessities and debt obligations for atleast a year or 2, put some in real estate in city area (which is supposed to make you money, not for self use) and half of that in crypto dont pick one over the other.

Do not go into crypto overnight, hedge yourself on atleast 5 levels.
1 is today's price (x)
2 x-10%
3 x-25%
4 x-35%
5 x-50%

that way if you hit 5th level you aint completely sore.

That's a nice idea you got there mate. Indeed it can help us generate passive profits than just simply living on our own house. The profits that we will be getting on that apartment are then going to be used on bitcoin investments. If that is the case then we can prioritize this more than investing in bitcoin, since this has a lesser risk to the fact that many people are still looking for spaces to temporarily live.

There is no point on rushing in bitcoin because bitcoin won't go and leave us but it's always there. Btc value is still high but if we will wait for some time before we invest maybe the price will get really low? That's going to be a good timing then.