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Topic: Bitcoin an opportunity like land - page 7. (Read 1546 times)

legendary
Activity: 2240
Merit: 2174
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January 24, 2024, 03:43:36 PM
#68
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.
sr. member
Activity: 490
Merit: 302
January 24, 2024, 03:27:37 PM
#67
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
Both have good features in the future because if we look at current developments, we can conclude that the future with these two investment methods has great potential. Land has shown rapid progress in terms of selling prices and land prices are increasing day by day. In the past, our parents often bought land at prices that could be said to be quite cheap, until now, if we sell the land, we will make a profit ten times the basic purchase price. The potential for land is actually much better because more and more developments are being made every day and land prices are soaring.

Likewise with bitcoin and if you look at it from its inception until now there has been rapid progress regarding its selling price, so making bitcoin one of the best investments ever. I prefer both simultaneously if I have the opportunity because I think both have great potential in the future to generate maximum profits.
Both of these investments have their own advantages and disadvantages and indeed if you have more funds you can invest in both. However, not everyone can invest in land because land must have large funds before you can invest. This is different from Bitcoin, you can invest any amount using the DCA method.

As much as I like Bitcoin, I don't think this is a fair comparison. But if the land is empty, it is just a pseudo investment and more of a luxury item. If the land has a second house, that means there will be maintenance costs and so on. after all you don't actually own the land or house. The government or whatever authority there is in the country is just realistically lending it to you. Your country is attacked, does something the government doesn't like, war, etc. Goodbye land and house. It's different if you invest in bitcoin, if you still have access to bitcoin and you have the keys then your assets are safe. this was the first time the average person could truly own assets that could not be forfeited even though the world was in chaos.
sr. member
Activity: 350
Merit: 262
January 24, 2024, 02:44:59 PM
#66
Both are good investment, if you have both then you're lucky.

It is true that land as a property is such a good investment, however, the tax you're going to pay per month or per year is also a pain in the ass if you don't put anything in your land, like raising livestock on it or plants fruits and vegetables to generate more profits. Here in my country, land that are near the roads pitch much higher prices than those who are in a very high places like in farms near the forest.

While Bitcoin, if you bought some and hold for long term, it is all about waiting game until you hit the price where you're contented about selling it, no hassle at all. Though each of them has their own advantages, so either of them is a good investment in short.
Yes both are very good investment assets so whoever has more faith in that thing can invest in it. But in this digital juggernaut, those who avoid Bitcoin will fall far behind.  Land is a common thing and is necessary for living and more or less almost everyone owns land either by purchase or inheritance. But to own bitcoins one must buy bitcoins. And just as land depends on its security on legal documents, Bitcoin's security depends on its wallet key. Both are very profitable so one can invest in anything as per their wish. But I agree that he would be much luckier if he could invest in both
legendary
Activity: 2030
Merit: 1643
Verified Bitcoin Hodler
January 24, 2024, 01:28:19 PM
#65
Bitcoin is a bit like land yes. Very valuable and supply capped. Though the supply cap on Bitcoin is of course total, and therefore much more limited than the cap on land


I probably would not make that comparison. Nobody really owns land. Your government merely "allows" you to rent a part of land, but they can take it away at any time, if they needed to. Same goes for countries which get invaded during wars. That land belongs to the invaders now.

But with Bitcoin, it only belongs to you. And as long as you do not do something silly like give your wallet keys/coins to a scammer, you will be fine.That being said, the most common problem is getting tricked into giving your bitcoin and/or your wallet to some shady figure, later on. The coins in your wallet are only as safe as the person holding them.

Also, Bitcoin not only becomes capped, but some wallets are lost forever. So the amount of Bitcoin in existence truly diminishes.
sr. member
Activity: 2226
Merit: 347
January 24, 2024, 12:56:39 PM
#64

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
#It appreciates when it comes to value
#Of course, but the main issue or in concern with this one is that buying land or properties doesnt really come cheap. This is why we would really be just simply sitting
and see those opportunity to pass by.
#Purchasing land and purchasing crypto is different which it would really be that pretty obvious on what are their main differences.

Doesnt matter on which one as long you do able to get that opportunity then it would really be just that right that you should really be that focusing into that
and wont really be tending yourself to be missing out those opportunities.
full member
Activity: 350
Merit: 190
January 24, 2024, 12:51:51 PM
#63
Talking about you having money and making an investment in it, buying of lands are the traditional old ways of making an investment being risky and yet profitable, you can choose to buy land and someone take it from you or government, you will need your personal information before acquiring land, but with bitcoin, you can be more profitable if invested and you will be under nobody before choosing what to do with your asset, if land could be profitable with investment, then know this that bitcoin is more profitable on that, it's an asset and a digital currency decentralized.

well dear, How can someone take your land from you? Yes it is a separate thing if some gangsters take your land under their possession or if the government takes your land under some laws or regulations and on the other hand your land is totally under your possession.

The second point you emphasize very well the idea of Bitcoin gives it more power due to its decentralized digital currency. It can be more beneficial if someone has accumulated the bitcoin at good prices. In current time when btc is going to make its new all time high so it can be proven a good opportunity for them who really trsut in its positive potiential.
hero member
Activity: 1582
Merit: 690
January 24, 2024, 12:45:20 PM
#62
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
Both have good features in the future because if we look at current developments, we can conclude that the future with these two investment methods has great potential. Land has shown rapid progress in terms of selling prices and land prices are increasing day by day. In the past, our parents often bought land at prices that could be said to be quite cheap, until now, if we sell the land, we will make a profit ten times the basic purchase price. The potential for land is actually much better because more and more developments are being made every day and land prices are soaring.

Likewise with bitcoin and if you look at it from its inception until now there has been rapid progress regarding its selling price, so making bitcoin one of the best investments ever. I prefer both simultaneously if I have the opportunity because I think both have great potential in the future to generate maximum profits.
legendary
Activity: 2828
Merit: 1213
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January 24, 2024, 12:30:47 PM
#61
Total amount of land is limited but we have built artificial cities in the past too. It can somewhat be compared to the limited supply nature of bitcoin and thus a deflationary supply and thus a increased long term value.

Some amount of real estate is essential to survive, you do need a house to live in. Additional real estates are assets and they can grow in big numbers if run properly. Some people rent these out for a monthly income, others allow the price to inflate and then sell at profit.

Even then it is much easier to collect bitcoin and hold it.
full member
Activity: 196
Merit: 123
January 24, 2024, 12:23:54 PM
#60
You are definitely right my brother, the rate at which the price of land have skyrocket due to its limited supply is really scary.
Bitcoin today is showing up the same potential of land due It limited supply and appreciation In value overtime, I  just believe that in 10years time from now, the price of Bitcoin will skyrocket to a figure we never imagined, that why it's more advicable to DCA into Bitcoin now, since we are still in it early days.
sr. member
Activity: 812
Merit: 260
January 24, 2024, 11:58:24 AM
#59
Lands value depends on the location, there are some places in my country that takes years for lands over there to appreciate in value, in Nigeria you must get land where new houses are been built, they are cheaper than those on the major roads and popular places but I can't help but confess that Bitcoin investment beats land investment, for me, I can't say about others.

Comparing Bitcoin as land opportunity doesn't feel well with me because I have piece of land since 2017 and the amount isn't anywhere close to a half quarter of how much I have made with crypto investment, I am not saying that land isn't a good idea but Bitcoin have done so well since past years that no land can bring their owner such gains.

Many people are scared of Bitcoin investment because of the uncertainty, like they aren't even sure if Bitcoin will survive the future but here we are today, I will still choose to invest in Bitcoin compare to investing money on lands.
full member
Activity: 882
Merit: 215
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January 24, 2024, 10:44:24 AM
#58
It's an interesting joke in making comparisons.. Grin Grin.  In my opinion, land prices never fluctuate, they only get more expensive if the location is good. For purchasing techniques, in my opinion, currently we have to use the DCA strategy, otherwise we can only see the lowest price in front of our eyes because we have run out of cash reserves.

As for the future potential, many have described this, but if more and more come, the possibility of an incident like yesterday will become greater and will likely only slow down the rate of BTC price movements.
sr. member
Activity: 1512
Merit: 351
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January 24, 2024, 10:24:42 AM
#57
Both are good investment, if you have both then you're lucky.
Indeed! This is the best way to diversify assets. All of them were future proof and I think you are gonna agree with me aye? 😅 Real estate and precious metals are few of the best examples of good and stable investments to pair it with the decentralized Bitcoin on every hodlers bags.
sr. member
Activity: 1316
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January 24, 2024, 10:01:32 AM
#56
But in my conversation, the volatility is in favor of what I am saying. Because the only way we have Bitcoin priced where it is today is the volatility. If you bought a land 13 years ago, and you bought Bitcoin 13 years ago too, which one would you had preferred? Buying a land is valid and I would advise people who have the funds to go into it, but Bitcoin isn’t a wrong investment in comparison to that. Today, Bitcoin investors from back then can buy lands (alongside their owners Grin). Hehe

Surely, I would have bought BTC if I knew that BTC would grow much faster. But the problem is, that we cannot predict the future. All is just speculation, prediction, and nothing else. I know that Bitcoin may touch 100K USD in 2024 or 2025. But, it could go down to 30K again if whales start selling their Bitcoin. We never know what is going to happen. Undoubtedly, Bitcoin is a good investment. But, we cannot deny that Gold and land are good investments as well. Still, people always want to be on the safe side which is the reason people still invest in land and Gold.

Yes, you are right in what you are saying. Almost all of us here in the community in the forum expect Bitcoin to be proven and tested as a good long-term investment. This will be the priority of most people here, and second only to really land.

It's just that in these situations, I really don't see anyone doing a big sale of bitcoin that they know they're losing. Of course, most of the holders today are actually waiting for the right time and season to sell; we're not at the point of large-scale sales of bitcoin holdings.
hero member
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January 24, 2024, 09:59:37 AM
#55
Land and Bitcoin are, for me, both good forms of investment, but they are not the same because with land, you can't buy it at a cheap price, in fact, because you have to save it or have the money to buy it.

Whereas with Bitcoin, even if you have at least $10 of money or more, you can buy it, and we can even grow it by trading on any crypto exchange, unlike on land, where it is not like that, and it will take time before you can sell it if you ever invest it.

Both have their pros and cons, although you will need a lot of money to invest in land and you cannot increase your land area by trading on exchanges like bitcoin. But in return, when you own land you can create passive income from it and it is a fairly stable source of income. Meanwhile, trading to increase the number of bitcoins is not as simple as you say, you will even lose all your bitcoins with trading.

In general, both have their own potential, but most people here will choose bitcoin because not too many people have money to invest in land . Furthermore, most are also looking for huge profits quickly so they will choose bitcoin over land.
sr. member
Activity: 630
Merit: 374
January 24, 2024, 08:58:31 AM
#54
But in my conversation, the volatility is in favor of what I am saying. Because the only way we have Bitcoin priced where it is today is the volatility. If you bought a land 13 years ago, and you bought Bitcoin 13 years ago too, which one would you had preferred? Buying a land is valid and I would advise people who have the funds to go into it, but Bitcoin isn’t a wrong investment in comparison to that. Today, Bitcoin investors from back then can buy lands (alongside their owners Grin). Hehe

Surely, I would have bought BTC if I knew that BTC would grow much faster. But the problem is, that we cannot predict the future. All is just speculation, prediction, and nothing else. I know that Bitcoin may touch 100K USD in 2024 or 2025. But, it could go down to 30K again if whales start selling their Bitcoin. We never know what is going to happen. Undoubtedly, Bitcoin is a good investment. But, we cannot deny that Gold and land are good investments as well. Still, people always want to be on the safe side which is the reason people still invest in land and Gold.
sr. member
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Merit: 453
January 23, 2024, 07:15:19 PM
#53
Land and Bitcoin are, for me, both good forms of investment, but they are not the same because with land, you can't buy it at a cheap price, in fact, because you have to save it or have the money to buy it.

Whereas with Bitcoin, even if you have at least $10 of money or more, you can buy it, and we can even grow it by trading on any crypto exchange, unlike on land, where it is not like that, and it will take time before you can sell it if you ever invest it.
sr. member
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January 23, 2024, 06:43:03 PM
#52
In terms of the profit which you could gain from holding Bitcoin following past historical prices, buying a land is not comparable. Bitcoin wasn’t even here in year 2000, it came as late as 2008 and see what it’s done in such short time. Even those who bought lands from late 90s can’t compare. If you had Bitcoin from the onset, you could buy many acres of lands today. No doubt that land is still a good investment, same as stocks too. Also, the price of land greatly matters in the location. There are places that even $100k wouldn’t buy you a piece.

I don't want to disagree with whatever you have said. But the fact is, land prices are less volatile and the price of land never decreases. At least I have never seen decreasing the price of land. But, Bitcoin is volatile as heck. It could go up to 69K and then go back to 15K just like what happened after the last bull run. It never happens with the land price.

I know that it depends on the location. But, even if your land is on the rural side, the price won't decrease. Even if it does, the percentage is very much low. So, I don't want to understimate the land investment. It's a good investment like Bitcoin and Gold.

But in my conversation, the volatility is in favor of what I am saying. Because the only way we have Bitcoin priced where it is today is the volatility. If you bought a land 13 years ago, and you bought Bitcoin 13 years ago too, which one would you had preferred? Buying a land is valid and I would advise people who have the funds to go into it, but Bitcoin isn’t a wrong investment in comparison to that. Today, Bitcoin investors from back then can buy lands (alongside their owners Grin). Hehe
sr. member
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Merit: 298
January 23, 2024, 03:51:06 AM
#51
Both investment choices are significantly awesome,provided you purchased the right piece of land at the right price.Land they say is wealth,it gives wealth precisely.The value of land will keep increasing as time goes on as there are no charges or costs, associated with owning a land.                           
Investing in land permits you to steady grow your income and practically grow your wealth at the same time.Most importantly,nobody can steal your land or destroy your land,which is why it's a good investment choice to make.
 Bitcoin also runs in the same vein,provided you've thoughtfully and strategically laid your analysis and investment consultancy properly.
full member
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January 22, 2024, 07:54:28 AM
#50
In my country, there's no housing crisis because the population has been decreasing for a few decades, so expecting even a house or a flat to rise in price (above inflation rate) isn't very realistic, let alone just a piece of land that doesn't have anything on it. Okay, looking at some data, it does seem that there's some growth in price (10% over a year, it seems), but the land market is very new in my country (it has existed for less than 2 years), and there's no completely reliable and trustworthy data.
Another thing is that my country's at war with another country, so the land you buy might get occupied by a foreign power or might be destroyed by military equipment and weapons. That also makes Bitcoin a lot more attractive, as it is digital.

Sorry about your country's circumstances
Hope for some element of peace and my condolence to the lost souls.
Just as i thought, there are places where land isn't as attractive as mine due to certain risk.
Example is natural disaster prone areas like earth quake or floods not neglecting war.
There's always an element of risk in every investment
The bigger the risk
The bigger the reward
In your country when there comes peace as times goes on people will migrate and development would be administered this would require the use of land
Which would appreciate its value more than mine.
The price of land can reduce like bitcoin due to certain factors but it's usefulness would increase the price later on.
War is not something any wise human would want to see or experience.
Lives getting lost
Anxieties
Prices of goods rising
Sigh, i hope it all gets better soon.

I am from India and being in a country that has the biggest population in the world I can relate to your topic. What I do not understand is your comparison of land with Bitcoin the reason being land is physical and Bitcoin is virtual. Buying land has more obligations than buying Bitcoin as you would need to go through multiple paperwork. The next issue is that the land is governed by the government ruling that land whereas Bitcoin is decentralized. Comparing Bitcoin with land based on its price does not fit as Bitcoin has many more positive aspects than a piece of land. While I agree that both the price of land and Bitcoin are unstoppable, understand this Bitcoin is responsible for everyone being aware of an ecosystem that is decentralized while land is a centralized entity and its price is controlled by the government.
The comparison was mainly based on scarcity and limited supply.
They both different in lots of ways doesn't separate them as been opportunities
One is already growing (land), the other still at the infant stage(Bitcoin).
The essence is if one can't afford land, its better to buy some amount of Bitcoin and learn to Hold rather than been manipulated by the market.
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
January 22, 2024, 05:25:58 AM
#49
In my country, there's no housing crisis because the population has been decreasing for a few decades, so expecting even a house or a flat to rise in price (above inflation rate) isn't very realistic, let alone just a piece of land that doesn't have anything on it. Okay, looking at some data, it does seem that there's some growth in price (10% over a year, it seems), but the land market is very new in my country (it has existed for less than 2 years), and there's no completely reliable and trustworthy data.
Another thing is that my country's at war with another country, so the land you buy might get occupied by a foreign power or might be destroyed by military equipment and weapons. That also makes Bitcoin a lot more attractive, as it is digital.

With what you have described above, I have been trying to figure out what country you belong but I cannot get it. With what you described above about your country, land business is very risky in your country. The most risky aspect of it is the war. In the absence of war, it would have been a very nice business since the real estate business is new in your country. You mentioned that the population of your country is on the decline, why? If I may ask. Are there other factors leading to the decreasing population apart from war? I will advise you to continue investing in bitcoin but you have to watch out and monitor the real estate business, you could gain alot from it in the future since the business is in the infant stage in your country.

Great thread, I have seen people say that acquiring Bitcoin now at current prices is like being real estate in New York 250 years ago. I think it was Michael Saylor who explained it in great detail regarding the comparison. Buying Bitcoin now is something that could create generational wealth for you & your family.

That's why others have already considered buying bitcoins slowly with their money from their salaries after spending it for their essential needs and investing with bitcoins for whatever has left and others have forgotten and left their bad habits for the sake of bitcoin investment as well. the opportunity to invest in bitcoins is many compared to investing in land or other real estate properties that are available in the market today. That's right everyone can experience owning even a little amount of Satoshi and make it grow whenever they have extra money so that they don't worry about the risk they take by investing in it.
The ability to buy bitcoin with the DCA method is one good thing that has happened to bitcoin. Another great thing is being able to buy bitcoin in fractions and at your convenience. The real estate in the other hand does not present an opportunity to buy in bits, and most times if such opportunities surfaces, it often ends in dispute and regrets if you don't have a strong legal presence. But our dear bitcoin doesn't have such troubles, you can own it in silence and no one will ever know you own bitcoin.
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