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Topic: Bitcoin an opportunity like land - page 5. (Read 1657 times)

full member
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January 29, 2024, 01:21:28 PM

How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets? Grin
op I live in Bangladesh. Land prices are high in our country at present. The land prices were not so high even a few years ago now our land prices have increased so much that it is beyond the reach of common people or middle class family people. As the day goes by, the demand of the people is increasing and the population is increasing due to which the price of the land is increasing. If any of us have the opportunity to buy land, if anyone has money, I will definitely tell him that you buy land. Because if we buy land and keep it, after 2-1 years the price of that land almost doubles, we can benefit a lot. If we can make money by buying bitcoins and also buying land and making profit is not too harmful like we buy land with bitcoins.
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SOL.BIOKRIPT.COM
January 29, 2024, 12:49:05 PM
It is true that every country has this problem because every year the population increases but the amount of land decreases. Because most of the buildings are being built by filling the land, if you can purchase the land and register it in your own name, then you are sufficiently risk free. But in my country if you want to do big business you have to face various problems so in that case investing in bitcoin is the best way. Here there is no problem with your money being stolen, robbed, or by the police. On the other hand good returns are available from bitcoin so it is best for me for investment.
sr. member
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January 29, 2024, 11:38:37 AM
...

Its better for your regret to be not buying more than for it been not buying at all.

How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets? Grin

bitcoin is an opportunity!  that is a perfect sentence, as long as bitcoin maintains its circulation then its value will continue to increase like land, this is what makes me not really like bitcoin ETFs because that concept will only make the number of bitcoins seem to increase many times over.  The formula is actually simple, there is a limited amount of land so the price will continue to rise and if Bitcoin can continue to reach 21 million then the price will also continue to rise.

(but the difference between bitcoin and land is very big, usually land will only become a bubble in big cities and only very rich people can afford it while bitcoin will not become a bubble and all groups can buy bitcoin)
full member
Activity: 367
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January 29, 2024, 11:37:17 AM
It is natural that you have money means you will invest. But investing in land is a traditional old investment method. Although nowadays this business has become very popular. But there are many risks involved . Because there are many lands that will sell to you with fake deeds and fake documents. If you buy it without understanding, you will see that it is a land with various problems .
If you invest in Bitcoin, at least you won't be scammed by someone else . You can also benefit more from buying land. If you hold after a long time investment like land.
Remember that Bitcoin is a digital currency and a digital asset that is completely decentralized. Investing in it also has risks.
hero member
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January 29, 2024, 11:23:39 AM
In term of profit you might be correct but, land would only increase its value over time and that is for sure specially if you would develop it, unlike in Bitcoin there is a risk we couldn't be sure that it would only increase there is also a potential that the price would fall down.
For me if you want a secure investment land is much better than crypto or Bitcoin.
member
Activity: 519
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January 29, 2024, 10:33:22 AM
You're right, Bitcoin is a big opportunity more than land and the both sides work for adequate information and knowledge knowing the next phase of city to buy land and hold with a government approved document at the same time still more risk, if the necessary requirement is not done accordingly and not keep the land busy in one way or the other to show that the right owner is around, it may lead to court case of your property, Hence Bitcoin is a financial freedom and no stress and keep appreciating for long term holding.
sr. member
Activity: 742
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January 28, 2024, 02:47:57 PM
Lands in the time of old was barely of any value. Something man just met and didn't know how valuable it is. In the past, couple of decades ago the prices of land were cheap due to its abundant supply in my country but now to buy a land is not something one can just wake up and do.

This is the same as the price of bitcoin back then. When it was first introduced, it was cheap, and most people who embraced it by then were now millionaires. Furthermore, bitcoin was something that everyone could afford by then, but now it is currently worth thousands of dollars, and not everyone can afford it due to how people are rushing to buy it. So the same thing with land: before you see an area where there’s not much population, everybody there will have a big plot of land, or when you have a small amount of money, you will get land, but since the area becomes populated and developed, the land starts getting expensive, so I think this is something simple.

However, not only land but anything. When nobody needs such a thing or there are not many people to buy it, you’ll see the price very low, but when people get to know how useful it is to them, that’s when they start rushing it and buying it to keep.

In most cases, land prices will not depreciate, but bitcoin can still lose value. I own land and also own bitcoin, but I have different plans for these two assets. Both assets have the potential to give me returns, but land price movements tend to be slow, unless there is high demand.

You are right. Land value will remain, and it will not depreciate unless the owner of the land sells it when the area is still undeveloped or needs emergency financial support. But if someone buys land in an area that is still yet to develop and later sells it when the area has developed, there’s no doubt he will get his money back with a profit. Although I can consider these assets as almost the same thing because both require longevity before getting the money back with profit, you can see that both are very good things to get. But in a situation where there’s not enough money, someone can choose one. If they can't take the risk of investing in bitcoin, then they should go for land.
sr. member
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January 28, 2024, 11:54:14 AM
How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets? Grin


Both land and bitcoin are good investments but they have different market opportunity. And land in my on country depends of the location of the land places like the GRA are always more expensive and lands that are outside the city are always cheaper and also how accessible that land is also matter so those are most of the things that are considered white buying or selling a land. And Bitcoin holders don't really need to under go any process to possess any asset Bitcoin is as easy as any other thing. And does that also have lands everywhere and they bought cheap will be in good money now because land is a very fine assets.

1. The price of land in your country is almost the same as in my country, where investing in land is very popular in my country, even though sales are not as fast as Bitcoin, land is a favorite as an investment.

2, have ever felt, but the possibility of buying a lot of land is very unlikely because when the price is cheap the funds you have cannot be allocated to it completely

3.It's better to take a cheap train than a private jet, but with a big risk, taking a cheap train will feel like a struggle to get a private jet, so at least we will get a lesson from every decision maker


Before time and before Bitcoin people always prefer to invest in land and agriculture. And then when they want to rate people that have money in my region then it is usually by number of lands you have. The sales are different Bitcoin you get instant buyer compare to land. The price of the land my not come early might take years before you  can enjoy profiting from land. And Bitcoin if you holding it will take time and people they do daily trading make money from it. And I will go with a cheap train than  private jet.
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January 28, 2024, 11:36:58 AM
I believe land will always be a good investment opportunity. The comparison between the growth in land prices and Bitcoin is quite intriguing. In the past, land had significant value, and now the current generation has the opportunity to invest in Bitcoin. In my opinion, it's better to invest in Bitcoin. I have regretted not buying Bitcoin at a lower price multiple times. So, the key is always to act in a timely manner, but there's never a perfect time or sufficient funds for that.
hero member
Activity: 840
Merit: 522
January 28, 2024, 11:17:42 AM
#99
Yes, new people will join Bitcoin.  However, the amount of Bitcoin will not increase.  It's mining  the way it's mining.  Day by day it will be used by more and more people.  Bitcoin will be such that people will recognize it as Bitcoin and there will be no such thing as money.  People are getting more addicted to it day by day.Slowly it will spread and increase.  People will use it more and more.  But it won't grow.  But there will be mining.  It will increase.

What did you try to say actually? You seem to repeat the same thing over and over but do not add anything new. Bitcoin is not any kind of drug or something where people could get addicted. If you consider it as addiction, then everyone in this world is money addicted except some people without working brains. I don't understand what you mean by it won't grow and then again saying it will increase. Your post is full of contradictions which should fix and post again. I am sorry to say but I didn't understand anything.
hero member
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January 28, 2024, 12:28:54 AM
#98
I really understand your point in this topic. Comparing Bitcoin to Land is not a bad thing because its availability is increasingly scarce. The similarity between the two is in the context of scarcity because Bitcoin and land can be divided, Bitcoin can be divided into smaller fractions and land can also be purchased in small plots. Interest in Bitcoin has increased over time and will have an impact on the steady supply of Bitcoin, so the scarcity of Bitcoin will increase as time goes by. Growing demand with limited supply will have a positive impact on the price, but Bitcoin remains a top priority because of its very flexible uses.
hero member
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January 27, 2024, 11:25:34 PM
#97
The fact that land goes up in value is a nice addition, but it's not the main reason to invest in it.

Basically, land has utility and it gives it value, and with Bitcoin its price growth is its main utility, which is a vicious circle.

But most people are interested in investing in land because it increases in value. Besides land is a clearly valuable instrument recognized by the government. So many buy land to make a profit by reselling it or creating another business. Even I would buy land for investment if I had more money. I consider land also a pretty good investment instrument. So I don't think it's wrong, everyone has different thoughts and expectations.
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January 27, 2024, 11:02:09 PM
#96
That’s not how it happens. $200k just like that? The halving doesn’t directly bring scarcity but reduces the amount of tokens that are being added to supply. Now, what of the ones that are already in circulation? They are going to always be in circulation. So let’s stop speaking about halving like it’s slashing out what’s in existence. At the end of the day, all 21M Bitcoins will be generated.

This is not the main fact. The main fact is the number of Bitcoin users will increase over time but the supply won't increase that much. The scarcity increases when the number of Bitcoin users increases every year. However, the halving increases the scarcity as well by cutting the block reward in half. If you talk about what will happen after five more years, you never know how many people will start to use Bitcoin and will want to buy Bitcoin to hold it. We need more than 40 more years to finish the mining. Till then, new Bitcoins will continue to adding to the network and miners will continue to sell it to pay their electricity bill.
Yes, new people will join Bitcoin.  However, the amount of Bitcoin will not increase.  It's mining  the way it's mining.  Day by day it will be used by more and more people.  Bitcoin will be such that people will recognize it as Bitcoin and there will be no such thing as money.  People are getting more addicted to it day by day.Slowly it will spread and increase.  People will use it more and more.  But it won't grow.  But there will be mining.  It will increase.
legendary
Activity: 3038
Merit: 2162
January 27, 2024, 06:42:04 PM
#95
You can invest money in both and hodl it for a long period of time before you can sell to take back your capital and profits which is the similarity of both, but the difference between the two land and BTC is that you can store your BTC in your wallet and you cannot store land in your wallet which is the major advantage that is giving people the confidence to try their best to own BTC.

 Another difference is that someone can come up one day to drag the land you claim to be the owner not knowing that the documents given to you during the course of purchase are not real, but the moment you buy or earn BTC in your wallet, it's totally be yours until you feel like releasing the BTC for sale or for donations.


Land is rarely bought as a speculative investment, it's either for rent or to use it. And offering land for rent is much more appealing investment for most people than buying Bitcoin, because it's a relatively predictable investment with timed dividends. The fact that land goes up in value is a nice addition, but it's not the main reason to invest in it.

Basically, land has utility and it gives it value, and with Bitcoin its price growth is its main utility, which is a vicious circle.
hero member
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January 27, 2024, 06:06:07 PM
#94
Land prices here are quite expensive, especially in strategic locations. In rural areas, land prices are relatively standard, where the price is neither too expensive nor too cheap. In general, land prices here are still affordable and the average person with $200 per month can still buy land in a year. If you have enough budget, buy both assets, but if not then maximize your opportunities to invest in bitcoin and take some of the returns from it to invest in land.

In most cases, land prices will not depreciate, but bitcoin can still lose value. I own land and also own bitcoin, but I have different plans for these two assets. Both assets have the potential to give me returns, but land price movements tend to be slow, unless there is high demand.
Fortunately thanks to the internet people now can work from anywhere around the world, so a person that may not be earning enough to live in a big city, can easily move out to a rural area with good connectivity and do their job as usual, with the difference they will be paying way less for their everyday expenses and save money this way, money which can be later used to buy bitcoin or a piece of real estate on your current place of residence.
legendary
Activity: 2464
Merit: 2094
January 27, 2024, 11:03:51 AM
#93
Land prices here are quite expensive, especially in strategic locations. In rural areas, land prices are relatively standard, where the price is neither too expensive nor too cheap. In general, land prices here are still affordable and the average person with $200 per month can still buy land in a year. If you have enough budget, buy both assets, but if not then maximize your opportunities to invest in bitcoin and take some of the returns from it to invest in land.

In most cases, land prices will not depreciate, but bitcoin can still lose value. I own land and also own bitcoin, but I have different plans for these two assets. Both assets have the potential to give me returns, but land price movements tend to be slow, unless there is high demand.
sr. member
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January 27, 2024, 10:23:44 AM
#92
So, what's the verdict? Why not have both? Think of it like building your financial kingdom. Land is the fertile ground, giving you that slow and steady growth, maybe even some rent money from a friendly unicorn B&B. Bitcoin is the hidden treasure chamber, holding the potential for that life-changing boom.

The key is to spread your bets, like a gambling grandma with a diversified portfolio of bingo cards and penny slots. That way, you've got something to fall back on if one of them goes belly-up.

Remember, there's no one-size-fits-all approach to this financial game. Choose what fits your risk tolerance and your dreams. Just don't forget to have fun with it, and who knows, maybe you'll build an empire that makes both land and Bitcoin proud.
hero member
Activity: 840
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January 27, 2024, 10:10:52 AM
#91
I’ve come to understand what you mean but there are still some points I don’t entirely agree with. More users will cause scarcity, but I don’t think that at this point, halving is really causing any scarcity because we have at least 90% of Bitcoin in circulation, what difference would the 10% make right now? Even if there wouldn’t be any more halving that reduces the block reward, It will not be significant. It was impactful in the beginning when the block reward was a whole lot bigger. But I totally understand what you mean.

Even though 90% of the total Bitcoin has already been mined, you never know what is the real circulation at this moment. There is a fact that satoshi owns close to one million Bitcoins which never moved anywhere. There are thousand of BTC that have been lost from people's accounts in several ways. A large part of Bitcoin never moved after the initial transaction.

Don't you notice a simple 10000 Bitcoin sell affects the whole market? If a 10000 Bitcoin sell can down the market 10 to 20% how much it would affect when someone will sell 100K Bitcoin? When you see large movement on the market just because of some small transactions, you have to understand that there are not much active Bitcoin on the circulation.
sr. member
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January 27, 2024, 09:36:22 AM
#90
I agreed that both land and Bitcoin are valuable assets especially if the bought land is the highbrow area however a person also needed some funds to buy at a cheaper price, personally I buying of Bitcoin at a cheaper price is preferable than buying a land because the might have a fixed price which might be affordable with the available fund this is where Bitcoin has a comparative advantage over land because whatever available amount can be used to buy Bitcoin compared to buying a land, with reference to all the previous bearish runs in the price of Bitcoin firstly in the wake of COVID-19 epidermic it price dumped it provides opportunity to buy dip with any available fund unlike buying of land.
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January 27, 2024, 09:24:56 AM
#89
I don't like comparing land with bitcoin anyway. Land is a real-life asset that is mandatory for our lives. So we are obligated to own land. But for Bitcoin, a lot of the population still doesn't know about it. In that scenario, it doesn't make sense to compare Bitcoin with land. I know both have an investment opportunity, but land prices always increase and are not volatile. Bitcoin is highly risky and highly volatile. So these assets are separate from each other.
Yes I agree with your opinion, it is indeed very unreasonable if we compare the two well although there is a chance of success from both, but I also feel that land is more stable and less risky. I remember the past where the price of bitcoin slid drastically and could make people suddenly rich, even the price at that time was only a few dollars and saving for so many years and selling it at the right time would make someone rich because of it, but for now I feel that things like before are impossible. Well, although it doesn't rule out the possibility of it happening again.
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