Bitcoin has only one disadvantage-it is not unstable, unlike real estate. But I still made my choice in favor of cryptocurrency and did not regret it. I make a great profit.
Topic: Bitcoin or Property? What might be the best investment? - page 11. (Read 2685 times)
I did what in the second option. I had a sum of money, and I was faced with a choice - to buy a house in a mortgage or invest in cryptocurrency. At your own risk, I bought bitcoins, and very pleased with this decision.
I think the second option is better because in these years of paying interest rate may be in a particular month a person is not able to pay interest so that is not a good idea.Moreover the bitcoin is good for short term investments and get a profit is just some months.So,a person is alive to see his or her profit and loss in just some months and they can buy house with this amount which they get from bitcoin investment.
I agree with you, property values continue to increase with clarity that is binding every year, and they move legally with a strong legal basis, bitcoin cannot imitate it, but I still want it too because it is able to provide good profits even with great risks, at most not bitcoin has a good volume and market to trade every day. but property is the best for now.
I think that it depends on your purposes. For example BTC can rise up in short-term period but it is too volatile and unpredictable. Property is definitely long-term investment and the price changes slow.
I think the second option is better because in these years of paying interest rate may be in a particular month a person is not able to pay interest so that is not a good idea.Moreover the bitcoin is good for short term investments and get a profit is just some months.So,a person is alive to see his or her profit and loss in just some months and they can buy house with this amount which they get from bitcoin investment.
They are choices of each, having a good home is certainly a choice of many people, depends on the options you have at disposal. In the case of an investment, between a house or property and Bitcoin, goes from the profile of each one, having a house is a much more conservative choice, without many risks and with little chance of great valuations. Bitcoin can value a lot, but it is very volatile, you need to have a good mindset.
I think, both bitcoin or property, good investment Investing in Bitcoin can be more beneficial. But Bitcoin has the risk. That is, if the price goes down in the market, the loss will be more than profit. You all will end. But maybe your profits may be lower by investing in property. But there is no thought to lose your capital. This is the property as well. But if you want to do something very quickly, Bitcoin is good
As with any intelligent investment, the likelihood of making the profit you're looking for depends on your accurate knowledge of the market. Bitcoin is definitely more accessible than buying property, but it's harder to predict and I think would be more considered gambling at this point than property investment. It's almost impossible to have accurate knowledge of where bitcoin will go unless you're an economics genius.
Bitcoin or property is owned by you if you use dollars to invest in bitcoin, of course bitcoin will be your property and you have the right to own it whenever you feel like you can. sell it
We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :
1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}
The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.
2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.
I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.
We all want to live in big houses that we cannot afford.
1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}
The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.
2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.
I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.
We all want to live in big houses that we cannot afford.
Why not both, right? If you can invest in both properties and bitcoins, why would one settle with just the other? Consider it. Bitcoins are pretty volatile in itself but how about properties? Properties increase in value overtime without ever being volatile because land is always a precious commodity.
What you are saying is also true and one more fact is that As bitcoin price is volatile and if bitcoin price goes back to below $1000 what will happen nothing, so it is always a good decision that buy a house and some more commodities through your bitcoin and settle your real life requirements and then keep balance bitcoins for future. So this way you are safe in both conditions and it wont affect your real life if bitcoin goes dead in future.
We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :
1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}
The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.
2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.
I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.
We all want to live in big houses that we cannot afford.
1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}
The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.
2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.
I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.
We all want to live in big houses that we cannot afford.
Why not both, right? If you can invest in both properties and bitcoins, why would one settle with just the other? Consider it. Bitcoins are pretty volatile in itself but how about properties? Properties increase in value overtime without ever being volatile because land is always a precious commodity.
We should have both bitcoin and property because these two are both great investment since the price is getting higher when the time goes by. Bitcoin is the best cryptocurrency in virtual world while the property is such a need in real world.
Profit wise, bitcoin is better and you can have it in just a span of week or month. You don't also need to exert more effort on it since its market price can rise drastically in just a short period of time. The only disadvantage is that bitcoin is also risky as its market price can drop drastically too.
Well the difference is you need to have a higher amount so that you can invest in property. But with bitcoin you do not need more money. Therefore bitcoin is still more accessible to invest in. If you have lots of bitcoin and it rise than you can change it to your country's currency them buy property simple. But as a starter it is indeed efficient if you invest in bitcoin.
I think bitcoin investment will be more profitable and reasonable. I say this is not because I am a person who likes bitcoin.
But, let's imagine, if we take home loans at the Bank, home loans are repaid with interest and some of these loans are spread over more than 20 years, that means we are burdened with loans for 20 years.
And, when you invest bitcoin, Bitcoin can return and give profits less than 20 years, and during that time you are not burdened by debt at all.
So, obviously, I think, bitcoin investment will be a profitable choice.
But, let's imagine, if we take home loans at the Bank, home loans are repaid with interest and some of these loans are spread over more than 20 years, that means we are burdened with loans for 20 years.
And, when you invest bitcoin, Bitcoin can return and give profits less than 20 years, and during that time you are not burdened by debt at all.
So, obviously, I think, bitcoin investment will be a profitable choice.
I see property better for investment. Think of it, when you have a property, you can do lots of things with it once you own it. And as time passes, the price slowly rise. Now for bitcoin, it's going too be a digital asset which you could not hold nor feel it, you just claim a portion of special codes with value in it. Bitcoin is also very risky as nobody can predict what will happen next in the market unlike a property.
I think its better for bitcoin because here we xan buy in a low price and sell it in a high price we can wait only of how many months but if we invest in our property its been how many years we need to wait for the high price this is to long.
We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :
1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}
The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.
2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.
I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.
We all want to live in big houses that we cannot afford.
I agree with the second idea, I would go for a smaller house and invest part of what I've saved in BTC, maybe in 10 years it's possible to actually get the big house almost for free. 1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}
The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.
2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.
I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.
We all want to live in big houses that we cannot afford.
Well we are talking bitcoin here but i will not recommend you bitcoin because it is risky, especially the price is unstable but if you want to be patient then go for bitcoin you can have a dreamhouse easily if you invest it in bitcoin but it takes for a long time.
I think bitcoin has a much higher chance of getting you big returns, when compared to owning property. Especially in the long run.
The only problem is the risk. Investing in bitcoin is riskier than buying property
The only problem is the risk. Investing in bitcoin is riskier than buying property
Profit wise, bitcoin is better and you can have it in just a span of week or month. You don't also need to exert more effort on it since its market price can rise drastically in just a short period of time. The only disadvantage is that bitcoin is also risky as its market price can drop drastically too.
Well the difference is you need to have a higher amount so that you can invest in property. But with bitcoin you do not need more money. Therefore bitcoin is still more accessible to invest in. If you have lots of bitcoin and it rise than you can change it to your country's currency them buy property simple. But as a starter it is indeed efficient if you invest in bitcoin. Jump to: