There are still cheap lands here but those are from provincial areas but since I live in the city yes its indeed that the value of lands here is too high that I cannot even get another one now .
Also just Houses here now is Just getting Higher not because of bigger populations so I trust your comparison to Buy More bitcoin than Lots and houses because eventually it will be more expensive owning one than Big house and lot.
Topic: Bitcoin an opportunity like land - page 9. (Read 1546 times)
Ever since I've known about land prices, they've always gone up. I have never read or heard of land prices going down from the purchase price. In my country, there are several factors that affect land prices. Among other things, the position of the land near the road, the land is in the city area, the land is in the economic center. Perhaps this is also true in other countries. Because land is an investment option besides gold for people who don't know crypto. Even I have a desire too if I have more money then land is another investment option that I need to have.
The small difference in land investment is the wider trust with less risk. Because land has a tangible form and everyone recognizes the price and existence of land as a valuable instrument. Here I got the data on the most expensive land prices. Of course the price of land in one country and each region is different and I believe this is in areas that have high value, not evenly distributed across all regions in one country.
Monaco - up to $100,000 per square meter.
Hong Kong - up to $72,000 per square meter.
Tokyo, Japan - up to $50,000 per square meter.
London, UK - up to $39,000 per square meter.
New York City, USA - up to $29,000 per square meter.
CMIIW
Source: https://www.quora.com/Where-is-the-worlds-most-expensive-land-sold
The small difference in land investment is the wider trust with less risk. Because land has a tangible form and everyone recognizes the price and existence of land as a valuable instrument. Here I got the data on the most expensive land prices. Of course the price of land in one country and each region is different and I believe this is in areas that have high value, not evenly distributed across all regions in one country.
Monaco - up to $100,000 per square meter.
Hong Kong - up to $72,000 per square meter.
Tokyo, Japan - up to $50,000 per square meter.
London, UK - up to $39,000 per square meter.
New York City, USA - up to $29,000 per square meter.
CMIIW
Source: https://www.quora.com/Where-is-the-worlds-most-expensive-land-sold
As the world's population increases, land is shrinking, as the population grows, families spread out and the amount of land shrinks, the price of land increases overnight. Just like the land that I used to get in the past in my country, now a small part of it is available at that price but not suitable for living. Homestead families need land to survive. And Bitcoin is needed to meet food demand and generate future income. So both are complementary to each other and fall into basic human needs. So basic needs must be given importance but it is best to hold bitcoins in DCA method for future. It would be the right and fundamental way if we accumulate bitcoins with the extra money we spend in illegal ways.
Snip~~
Land has also became one of the major assets one can acquire because as years goes by that's how the value of land increases and since it's your land you can either decide to establish something that would be giving you proceeds in that land but however, I prefer Bitcoin investment to buying of land and maybe dumping it for the value to increase over the years because if you acquire some Bitcoin in your portfolio only you are aware of the amount you've hodl and you don't have any business with anyone as all you just need is patience to watch your investment grow from time to time unlike buying a land and leave it for the value to increase and maybe scammers can get to your land and sell it to another person and before you know it you're already making a case that will take you some money to win and even if you win you've still lost some money in the process but if you hold Bitcoin, no one can have access to it as not your key, not your coin so it's when you release your key to someone that they can know the amount you have in your portfolio.
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.
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.
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.
Both opportunities are full of advantages but the benefits of lands depends on location. As you mentioned that land near to roads have more prices than near to forest but more expensive you buy more profitable you will be because the price of land near to road are getting expensive very fast.
Bitcoin is also good source for investment because one can buy bitcoin by using little by little money if he is unable to buy a whole bitcoin but in a case of land one cannot use little sum to buy it but whole portion of land should must be buy at once.
Profit can be easily achieved from both sources but it up to a person that from which source he can easily get profit and also it depends on market situations but bitcoin is more unstable whereas land is stable in price and also is increasing continuously without showing any decrease.
Let us put it this way, there are pros and cons in both investments. So as an investor, you need to weigh your situation here.
In both instances, the final decision depends on the person himself because he knows his financials better than people around him.
At the end of the day, you will be the one who can truly understand your needs and your financial capability.
You can gain valuable insights from others but it is all on you how you will choose your investment options.
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?
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?
I can ascertain to your point and that the price of land in the country is always on an upward trajectory year after year. This can be compared to bitcoin, whose price keeps increasing since when it was created. Unlike land, bitcoin always witness some corrections which causes some drop in price but ultimately at the end will still reclaim the value back after the correction.
To me, I will say land is more volatile than bitcoin in the sense that it only witnesses an increase in price continually and never has it been compromised to decrease in price after a new value of it has been claimed. They are both good investments and can make you benefit a lot. The distinct difference between them is that, bitcoin always set a new high price after four years while land is setting a new price year by year.
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?
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?
I can ascertain to your point and that the price of land in the country is always on an upward trajectory year after year. This can be compared to bitcoin, whose price keeps increasing since when it was created. Unlike land, bitcoin always witness some corrections which causes some drop in price but ultimately at the end will still reclaim the value back after the correction.
To me, I will say land is more volatile than bitcoin in the sense that it only witnesses an increase in price continually and never has it been compromised to decrease in price after a new value of it has been claimed. They are both good investments and can make you benefit a lot. The distinct difference between them is that, bitcoin always set a new high price after four years while land is setting a new price year by year.
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.
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.
Both opportunities are full of advantages but the benefits of lands depends on location. As you mentioned that land near to roads have more prices than near to forest but more expensive you buy more profitable you will be because the price of land near to road are getting expensive very fast.
Bitcoin is also good source for investment because one can buy bitcoin by using little by little money if he is unable to buy a whole bitcoin but in a case of land one cannot use little sum to buy it but whole portion of land should must be buy at once.
Profit can be easily achieved from both sources but it up to a person that from which source he can easily get profit and also it depends on market situations but bitcoin is more unstable whereas land is stable in price and also is increasing continuously without showing any decrease.
This might not be applicable everywhere but in my Country Nigeria i can attest to it.
Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.
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. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).
This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.
Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.
Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.
In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.
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.
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?
I don't know if there is any comparison between land and Bitcoin because there are a lot of differences. In an actual sense, the supply of land doesn't reduce over time as you said because even if land is sold from one person to another, the land still stays in the supply but it might just vanish from the market for a while until the new owner decides to sell it again. So the supply of land keeps fluctuating which isn't the case with Bitcoin because Bitcoin has a fixed and limited supply.Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.
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. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).
This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.
Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.
Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.
In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.
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.
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?
Another big difference is the investment size. One doesn't have a choice to invest as low as they want when it comes to land or real estate, but even today, you have the choice to invest as low as you want in Bitcoin because the minimum you can buy is $10 in most exchanges which means that it gives you flexibility when it comes to investment size.
Good Input. I like the fact that you made mentioned of the incremental value of Land as well as BTC. One thing you got right is to encourage people to own BTC stating that it would be a life changing decision in the long run. In my own analysis I don't think it would be appropriate to put Land and BTC in the same stream as pertain investment.
Land is a fixed asset and BTC is not. The fact is the price of BTC fluctuates and it is volatile whereas land has a fixed price this demands on so many functioning factors and the region in question.
To own a landed property is a decision that marks your territorial advantage. BTC will do well in the nearest future and beyond.
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?
I would say it is expensive also because of my current economical status I do think that both bitcoin and land or real estate are good investments however I find bitcoin much more accessible and doable for now as someone who can not yet afford to buy a land but soon maybe even with the help of bitcoin I might be able to buy some land
If you invest huge amount of money on land you will go to earn something meaningful in 5 years time, if the place you buy the land is a developed place because many buyers prefer place that is already open for them to purchase the land so that they can start building or resell it to make profits.
I never invest in land , but I have invested in BTC many times and, what I got in return make me to always put more money whenever the market price dump which is the best opportunity to buy BTC and hodl for future purpose and, what you will make if you hodl the BTC like 5 years, I don't think you can make such profits from land in 5 years no matter how expensive land is in your area.
I never invest in land , but I have invested in BTC many times and, what I got in return make me to always put more money whenever the market price dump which is the best opportunity to buy BTC and hodl for future purpose and, what you will make if you hodl the BTC like 5 years, I don't think you can make such profits from land in 5 years no matter how expensive land is in your area.
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.
I think the OP is just trying to evaluate on the important of the assets giving you major profits in the future and nothing more. It's true that land and Bitcoin are two different things entirely as one is digital and the other is physical but that's not the point of the thread, am from Nigeria too and I can relate well to what the OP is saying, land purchase has been a major game changer for citizens here in my country as it's yield huge profits because the land actually grow in value overtime just similar to the way Bitcoin has gotten so much value since from the time of its creation. Myself I can testify to this because I also involved myself in the opportunity of getting a piece of land in an area not too developed some years back having the faith on it bringing me good returns in the future like the way most Bitcoin enthusiast HODLs their coins and I was not wrong also and if not for the fact that I build on that land the price tag on it was 5x the original amount I used in acquiring that piece of land.
Land, Gold, and Bitcoin, all of them are good investments. I never bought land because I never felt like I should buy more land. I already got a portion of land from my father and my house is on it. I never felt I should buy more land. To be honest, I never had that much money in my hand so I could buy another portion of land for the future. I have some Bitcoin and Gold as well. Gold is not for sell nor the Bitcoin. I will sell them at some point. But, Not until I need some urgent cash. I am getting some satoshi every week from the signature campaign for now and I am saving it somewhere for the future.
The things; assets, goods, art, etc. With which you could compare the opportunity to have bitcoin is extensive and is usually "limited" to the social and knowledge environment.
In these parts there is the phrase "land is not for sale", it is a safe form of long-term investment.
BTW, in a more universal comparison the actions of Coca-Cola at the beginning of the last century made millionaires of many famous, for example Ty Coob to name someone linked to sports, or Moe Howard, who did not earn much money in his iconic role in the famous series "Three Stooges."
His story is emblematic, His income from that role was minimal, but he invested in Coca-Cola shares, and it gave him money to have a better life.
Two stories of opportunities, then, the thing here is that no matter what you want to compare it to, bitcoin is the opportunity available to everyone.
In these parts there is the phrase "land is not for sale", it is a safe form of long-term investment.
BTW, in a more universal comparison the actions of Coca-Cola at the beginning of the last century made millionaires of many famous, for example Ty Coob to name someone linked to sports, or Moe Howard, who did not earn much money in his iconic role in the famous series "Three Stooges."
His story is emblematic, His income from that role was minimal, but he invested in Coca-Cola shares, and it gave him money to have a better life.
Two stories of opportunities, then, the thing here is that no matter what you want to compare it to, bitcoin is the opportunity available to everyone.
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.
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.
This might not be applicable everywhere but in my Country Nigeria i can attest to it.
Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.
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. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).
This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.
Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.
Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.
In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.
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.
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?
Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.
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. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).
This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.
Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.
Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.
In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.
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.
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?
Both are good investments in the long term. But you need to DYOR in order not to make a bad investment. Btc leads in terms of ROI, but having a land as investment isn't bad atoll. You just have to make the right call.
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.
The ROI around bitcoin is by far greater than that of a land. A land can appreciate depending some factors like locations which most at times Take years to develop, yes bitcoin can also take years before a massive ROI is possible but bitcoin also has the ability to overturn that in a space of year. Let’s look at last year bitcoin rise it did an almost 3x from $16k to $46k, landed properties cannot do this. But also bitcoin with this volatility is also what makes it a risky investment because you can simply go in and decide to take your money out immediately it might have dumped then. Now here comes the advantage of less volatile assets like land you can simply get it sold off at just anytime and the worst case scenario is not getting any profit on it except maybe a natural disaster rocked that place. So I am seriously with the opinion that while we at taking advantage of bitcoin ROI ability we should be diversifying it to other assets like land to help make one’s portfolio better
Yes we can relate both the real estate and Bitcoin as both have limited supply and value of both increases with time. But we need to understand few major differences like lands are physical which can be used as per our wish to create revenue through it like renting out or having collaboration with builders to build apartment all these while we hold the land to our name 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. These are the two of the most reliable and profitable source of investment. This stands true for most of the countries not only to Nigeria.
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