Topic: Bitcoin or Property? What might be the best investment? - page 2. (Read 2685 times)
If you want to play it safe, it's better to invest in buying property using your own money. But if you want to speculate in making profit, bitcoin is the right choice, but you have to be prepared to be patient and not panic in responding to the ever-changing price of bitcoin.
I think that it's ok to take a home loan if you know you'll be able to pay for it in 4-6 years, not more, because otherwise you end up paying too much. Besides that, I believe both options are great.
It a serious question. Both can be an investment, it just depends. Both are risky because of subject to volatility, anything can happen in the bitcoin market and you might get as much as you invested into it. And for property, especially since it is landed. You just need to apply some sense to it not to become slaves to bank interest, don't go for house beyond your reach and if such property is gotten a part can be used for rent. But if your capital is not enough to do such it is better to try bitcoin especially the fact that is the evolving thing in the market. With right knowledge one won't lose.
Probably the best way is to buy a house with a mortgage (interest rates are still very low) using a fixed rate mortgage-Barclays (UK Bank) have a 5 year fixed 3.66% rate as an example (not the cheapest) and use crypto to generate sufficient profit so that when the rates rise or you have built up sufficient capital you can pay it off. If you are clever enough at playing the crypto markets maybe you could generate enough profit each month to pay the repayments and still build up capital to pay it off.
The first option is really very selfish and cynical.Exorbitant credit rates make a man a slave.The second option is unpredictable.Again, everything is connected with volatility.Today you can invest $ 100,000 in bitcoin, and tomorrow Your $ 100,000 can turn into $ 50,000.And no one will give you anything back.That's the problem.
In as much as I can't live in my wallet,property (shelter) is of utmost importance,but then,If acquiring property for an investment purpose,then I would prefer BITCOIN.why?I am a high risk taker and I am ready to hit it big based of BITCOIN'S volatility.But a question pops up,why not invest in both?
I'd choose BTC. It's an emergent tech that's to stay around for quite a while. Cryptocurrency market cap is still tiny compared to stock markets. That's why I believe BTC will reach at least 100k USD in a few years. I'd rather invest in technology than to invest in cement.
Reasonable investment is individual for each individual person, it is depends on the market situation and is determined by the risk and income. Someone doesn't like a the BTC, but someone doesn't have a sense to buy a 100th apartment.
If I were to say that ,we are starting from scratch , maybe the bitcoin is the best investment than property , but both this investment are really good investment for the future but as os now I probably prefer for bitcoin investment at this time ,but in the future I am also thinking of property investment after bitcoin.
between investing in bitcoin or property, I would definitely choose bitcoin because buying bitcoins for that amount of una that I could buy myself a house in three years I can get five houses
the desire to earn on the cue ball is a sour thing, technology needs to be popularized and earned on technology, bright future next to, the critical mass of extras is you and me, not the brand is changing the world and technology is changing the world and us!
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.
Property is the best investments for me. We are here in crypto so that we can afford this things. We can secure our future. We can send Our children to a good school. Buying properties is a good assets.
I personally don`t like investing in the property as there is a lots of time to wait for a break even point in case you rent it rather I would prefer btc or gold investment.
Looking both situations, I will going in for bitcoin investment but i will invest in bitcoin short-term. With short-term investment in bitcoin, i can get a property to also invest into. I believe short-term bitcoin investment is the best investment package.
Examine the real estate market and the market of bitcoin. And based on this analysis, make your own conclusions about what is closer to you and what is more accessible to you in terms of money. Only you can decide what is best for you, since both of these areas have their pros and cons.
Each of these types of investments has its own advantages and disadvantages. For me, the main argument is that you can buy part of bitcoin for any amount you have. But with real estate this will not work.
Real estate seems more reliable, but is it? moreover, with bitcoin you can earn faster than you wait for your real estate to pay off.
It depends on what property you are investing in. Where to lay your head is equally important as your life. This doesn't mean get a fat loan to buy or build a house which will cause you more harm than good. Get an affordable place to live and now you can think of building a fat wallet at crypto.
Or, if you mean the real estate, here you should have a LOT of money. Therefore, this choice is not for all. It will be better to invest in the cryptocurrency then.
Certainly it makes more sense to invest in the bitcoine. If you invest in crypto parallels with the money you can buy a house.
You can double your money, double your coin and buy two houses.
You can double your money, double your coin and buy two houses.
I understand that these are two different types of investments that should not be compared. One thing would be to invest in real estate, another in the stock market. Either way I believe in balancing your equity between crypto, fixed income and other types of investment, is a good way.
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