Bitcoin an opportunity like land - page 8.

Zlantann

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Quote from: Ambatman on January 20, 2024, 07:23:55 AM

How's the price of land in your country?

Lands located in the urban areas are appreciating but there are still cheap lands in rural areas. However, my country's poor economic conditions adversely affect the real estate sector. Businesses are going through hard times, many people are losing jobs and many firms are closing down. This is making many people sell properties which has led to a fall in the price of landed properties. Many people are selling properties to fund their immigration to developing nations. So currently, the real estate sector of my country is going through a drastic fall in price.

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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

Investing in land is capital-intensive. Most people who are buying land in urban areas have enough funds to finance such an investment. But if you don't have such funds, it will be better to buy land in rural areas and wait for a long time for the price to increase. I don't have such funds to buy land in urban areas which is why I am interested in buying cheap land in rural areas. It is important to diversify your investment that is why Bitcoin is also another good investment because you can invest what you have at the time.

cryptoWODL

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Quote from: Ambatman on January 20, 2024, 07:23:55 AM

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

Those who have both bitcoin and land I think are lucky because both are good investments. But I give more importance and priority to investing in bitcoins than land. If I invest the same amount of money in Bitcoin as I would invest in land I will get more profit from Bitcoin. There are many people who have no experience with cryptocurrencies will invest their money in land while those who have experience with cryptocurrency will invest their money in Bitcoin instead of land.

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How's the price of land in your country?

The amount of land in our country is gradually increasing now than before.However, in our country, land prices in urban areas are much higher than in rural areas.Maybe in the future the land prices in the rural areas of our country will also increase to a greater extent.

yazher

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Quote from: DeathAngel on January 20, 2024, 09:21:53 AM

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.

Oasisman

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Quote from: Ambatman on January 20, 2024, 07:23:55 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

Prices differs in each country, but one thing is for sure, all of them are appreciating in value especially when that piece of land you own are suitable for whether residential or commercial area.
Me, I have inherited a land from my grandparents and after several years, it's now close to a booming town that you can literally build a business now in that area. However, I doubt there would be someone who's willing to rent the place yet. So, this is one of my goals why I hold a certain amount of bitcoin. Once I made enough profit, I'd have to open my own business in that area. Though that land cost almost 10x since my grandparents acquired it around the 50s or 60s, but I know It's not gonna be a wise decision.
I also bought a piece of land a couple of years ago and it's a few kilometers away from the next town. It was cheap of course, but I have a rough estimate it would cost multiple times in the next 10 years, since the society is constantly expanding. IMO, it's good to own a land and hold bitcoin at the same time, one day, it will all pay out and finally there's no need to for us to work as hard as now anymore.

DanWalker

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Quote from: AicecreaME on January 20, 2024, 07:31:01 AM

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.

I see people often complain about land taxes, maintenance costs...then compare it to investing in bitcoin and think that investing in bitcoin is better. But everything has its price, we pay real estate taxes but in return we will be protected by the law if a dispute occurs, they will ensure the safety of our property. Meanwhile, investing in bitcoin will not cost anything, but in case our bitcoins are stolen or hacked, there will be no one to protect us. Not to mention the price of bitcoin is very volatile and what will happen if the price of bitcoin continuously drops? Meanwhile, with real estate you can create passive income from it.

Each asset has advantages and disadvantages, depending on each person's needs and choices. Don't just because we are bitcoin investors, we can say bad things about the remaining investments. Real estate is not only an asset worth investing in, but it is also an essential need that every person needs, we should not deny that fact.

hatshepsut93

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The obvious similarity between the two is that both have limited supply, but the crucial difference is that land has undeniable utility. It could be agricultural or you could build something on it. But Bitcoin's utility is less clear. It is used as a currency or a store of value, but how do you calculate the value of those use cases? So far no one came up with a good model for that, and it makes Bitcoin so different from other assets that can be evaluated by calculating how much money would they make.

suzanne5223

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Bitcoin and land are good investments but they are not the same thing as you claimed or compare the two to be opportunities because land can appreciate or depreciate depending on the location where you get the land and it's good to have adequate knowledge of the do's and dont's that involve in land business. The same thing applies to BTC, you can't buy at ATH price and expect to get the opportunity out of the investment in 3 years.

Having said that, waiting for private jets before accumulation is a naive decision when the best season to onboard the market is when there's blood on the street.

Mr.right85

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It’s obvious we might make the mistake of having to compare Bitcoin with just about any type of form of investment out there. I feel this shouldn’t be the case, it could undermine the ones decision to have taken other investment choices which happens to be in profit but not with as much profit as one might have had with Bitcoin. What then does it mean to diversify?
What then does it mean to invest in what your knowledgeable or familiar with?
Of course as proBitcoiners, we might have the impression that anyone whom is yet to invest in Bitcoin or take up some crypto investment is not taking an opportunity, yeah I feel that way but, I wouldn’t think about it too much if the individual is taking up other investments and is doing okay.

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Quote from: jasonjm on January 21, 2024, 06:47:00 AM

Both are very good investments for the long term. Property investment is not speculative and carries less risk compared to Bitcoin. On the other hand, the ROI for BTC is way more than property.

It is always good to have your investments in mobile assets and property. These offline investments will help you get some passive income as well. Whenever you get the opportunity to buy gold, property or BTC, go ahead with the decision.

Exactly, if we can invest in both assets, property or land is a good investment for the long term, also because the price of the kand will increase depending on where the land is in the city or what the value will increase as time goes by. Also, property is a good asset, as it could be your settlement for life. While in cryptocurrency or bitcoin, although it is also good for long-term investment, we can't always be sure that it would exist, like the land is. Remember, there are only a limited number of bitcoins we could mine, so we are not sure what will happen if all bitcoins are mined, so as long as it exists and gives opportunity and profit, we could invest in it. In short, invest in both assets, as they could provide a good profit and income for the long term, and the more investment you make, the more income you will have.

Shishir99

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Quote from: oktana on January 20, 2024, 07:54:50 PM

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.

bbigtart

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Based on my personal experience, Bitcoin sells very quickly after reaching its target. If the original land takes a long time to sell, even if it is negotiated it ends up not producing a profit, maybe it's a different story if the land is in a strategic location.

However, what is certain is that both are equally good as investments, it's just that the land investment capital must be large, the land must be strategic, location, time, if the land goes up it won't be sold quickly. If the land investment is strategically located and develops rapidly in the future, its value will skyrocket to much higher. However, if you buy the land in a less strategic and undeveloped location, the price will be difficult to increase. However, if you invest in bitcoin, you can buy it using the DCA method, saving a little over a long period of time will add up to a lot. bitcoin goes up and down, bitcoin can also be sold quickly and of course bitcoin is an asset of the future. In essence, we must have these two investments.

Bd officer

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I am from Bangladesh, in our country land price varies from region to region. In particular, land prices in urban areas are very high, while land prices in rural areas are very low. But everyone sees land as a good medium to invest in my country. Bitcoin has not gained so much popularity in our country, few people have invested in Bitcoin keeping privacy. Where I live everyone is more interested in buying land.

For example, land prices have increased drastically within a few years. When I was young, my father bought some land for $150, which is worth $1000 today. Hope the price of this land will increase more in future.

However, I see Bitcoin as a good medium to invest in at the moment. I have invested some amount in Bitcoin still investing in DCA method. I find buying bitcoin easier than buying land. I need a lot of money to buy land, but I can buy bitcoin if I have some money. I don't have much money, so Bitcoin is the best investment for me.

CryptopreneurBrainboss

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Quote from: Ambatman on January 20, 2024, 07:23:55 AM

Buy now and don't start waiting for huge dip before entering. Trust me you would miss out.
There are people that sold their lands around 5 years ago and are regretting not keeping till date.
In the case of having a land, i believe leasing is better.

Investing is done to generate wealth so if you invested in an assets and you have gained then why are you regretting. You probably sold because you needed the money for something important so you shouldn't not be regretting your decision of selling but be contended with what you have and strategize another way to make investment in the future to profit. Unless you sold out of fear or in loss then that's when you can be regretting the decision but let us learn to let go of the habit of regretting our decision when we had a positive result from the decision.

Bitcoin is better than land but they're both important and quality investment because they don't only secure your wealth but also appreciate it. If I was giving an advice between the two assets, I'll recommend investing in Bitcoin and the profits can be used to purchase land. Most land are overpriced and not worth the amount they're selling it and I always believe there'll available land to purchase in the future because if you can't afford land in your environment, you can go elsewhere and buy as many as you can for a lesser price but If you miss buying Bitcoin cheap, you'll be buying it costlier in the future.

jasonjm

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Both are very good investments for the long term. Property investment is not speculative and carries less risk compared to Bitcoin. On the other hand, the ROI for BTC is way more than property.

It is always good to have your investments in mobile assets and property. These offline investments will help you get some passive income as well. Whenever you get the opportunity to buy gold, property or BTC, go ahead with the decision.

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Quote from: AicecreaME on January 20, 2024, 07:31:01 AM

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.

Land is a physical asset that is very strong and profitable. If you buy a land now it will give you several times more profit after 10 years because every country area is fixed but population is constantly increasing due to which land is needed to provide their accommodation so the price increases day by day with population growth. On the other hand, the supply of Bitcoin is also a fixed amount, so with the increase in popularity day by day, its price increases a lot because even though its supply is fixed, many new people are attracted to invest here day by day, so the demand for Bitcoin is increasing a lot. So if someone has both these assets then he must be very lucky

EarnOnVictor

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When it comes to the Bitcoin of before, it is in fact an opportunity that lands cannot contest with, it could earn you thousands of multiple of the invested money in a very short time. Land can't achieve that even in 100 years, but yet, land is a very good investment, especially if lowly appreciated land becomes a choice place. We have seen countless of such before where some people could earn more than 50 times of money they used to purchase the land.

One thing about land is that it doesn't depreciate in most cases unless something bad just happens or it is confiscated from the person. But the truth is that things are changing with Bitcoin, and now, I think some lands are even better than Bitcoin, this is because Bitcoin has grown enough and though might continue to grow but it can't be in its huge multiples as before anymore. As for the risk involved, Bitcoin has higher risks, it has the entire risk of owning it on the internet and the fast depreciating risk during the bearish season. But for land, it is offline, once it is properly documented, no one will just come and steal your land from you.

In all, if one has the money, such can invest in the two, after all, it is still a good way to diversify one's portfolio.

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Quote from: kentrolla on January 20, 2024, 10:01:36 AM

but when it comes to Bitcoin we have stuffs like staking wherein we will still have our Bitcoin and still earn extra profits through staking.

Bitcoin is not a POS coin. there is no way to stake Bitcoin and earn profit from it as per my current knowledge. maybe you know something that I know. then would love to know that too.
We can convert our Bitcoins to other Stakable Atlcoins and stake them to earn rewards.

Quote from: kryptqnick on January 20, 2024, 10:14:19 AM

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.

Is that Ukraine you talking about? that's the only country coming in my mind when yousay War with another county. But how come the land market in Ukraine is only 2 years old? you sound like Ukraine was founded in 2 years ago. but in fact Ukrain has been there for around 31 years. then how come real estate business is only 2 years old there?

pinggoki

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In a way, you're correct that in terms of demand, the land and bitcoin are the same, it's both growing everyday and it's the fact that it's not going to go down in prices anytime soon. I totally agree that we can use the current opportunity to invest as much as we can because it's only going to go up in the future despite the talks of volatility and uncertainty in the market prices, bitcoin for the long term could make someone rich if they just invest and trust the process which is the same with land except that land is growing much faster in value every year so you're lucky to have both of them.

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Quote from: AicecreaME on January 20, 2024, 07:31:01 AM

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.

That happens in every country. The land that is close the tnt motorable road is very high to the one in the forest. As the Op said the land that was selling as the rate of $400 to $500 US dollar as of the present day dollar exchange rate in the country now they selling those lands, one piece of land or 1 acre of land is now $13,000,000 so those poor people in the society are edging out from the purchasion of land.

Quote from: AicecreaME on January 20, 2024, 07:31:01 AM

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.

The difference between land Bitcoin is that land has no specific time to sell or buy buy Bitcoin does Bitcoin I every four years while land is no years. Bitcoin is much more higher than land in price. A acre of land is $13,000,000 while one Bitcoin is $60,000,000. Land is also appreciating day by day.

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Land's value varies country to country. But if one thing is for sure, land as a source is limited and scarce and for that reason, the price and value appreciates and everyone knows that it is a good investment.

So if you hold BTC, make sure that you will take profit and gonna use it for better. And one of it is allocating it on other investments like real estate or land.

I have bought small piece before from a neighbor for some expansion and looking at its value appreciation yearly, I am more than with the ROI.

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