There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?
Apart from investing in bitcoin, I also invest some of the money I have in gold. Because I know exactly the potential of gold, whose price movements tend to experience a steady increase every year. Although gold has so far never experienced a drastic price increase like bitcoin. But I am interested in gold because of its consistency in rising prices. So it's like investing in gold, it's the same as stabilizing the value of the money I have and even though it's a little, the price will still increase. So I still get profits, plus the value of the money I invest in gold remains stable.
So apart from bitcoin assets, gold is also a very promising asset in my personal opinion. And maybe in the future, I personally also want to add other assets in the property sector, such as buying land. Because after I observed this asset, it had huge potential, especially by buying land. The selling price continues to increase significantly every year. Maybe this is because every year empty land is used as houses, buildings, roads or factories, so the market price is increasing. Because logically, empty space or land will definitely decrease.
But to start with, I am waiting for the bitcoin halving and bull market next year(2024-2025). Because if I get a profit from the bitcoins I own, maybe I will use 35% of the money to invest in property assets. So for now, I will equip myself with the knowledge first, so that when the capital is there, my knowledge will also be ready.
Like you, I've often found comfort in the consistency of gold. Even though its rise might not be as exciting as bitcoin's, it's nice to know that it's steady. Gold has often seemed to me like a financial safety net, a backup singer to the rock star antics of risky assets
But I would warn against getting too deep into real estate without thinking about how liquid it is. Land isn't as easy to turn into cash as gold or bitcoin, which can be done quickly. The dilemma is: should I need to liquidate quickly, real estate may not provide the rapid exit strategy I desire. Still, your point about less land being available is a good one
Even though the upcoming halving of bitcoins is a chance, remember what happened in the past doesn't mean what will happen in the future. But good for you for learning on your own. In the world of investing, I'm sure that knowledge is the best weapon