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Topic: Bitcoin or Property? What might be the best investment? - page 34. (Read 2635 times)

jr. member
Activity: 294
Merit: 7
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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.  Angry

We all want to live in big houses that we cannot afford.  Roll Eyes

the answer is pretty simple. Real estate investment is absolutely safe bet unless there are some very unique circumstances around it. Bitcoin is as risky investment as it gets...
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
that is a tough choice to be honest. if you don't have the money to buy a house then obviously you are left with smaller investments such as bitcoin and gold. but if you have the money for it then it is  not such a bad idea to buy a house even if it is a small one. there is good potential in that. of course like any other investment you do need to become familiar with its market, you can't just jump in and make profit randomly. that would be a gamble.
member
Activity: 378
Merit: 17
At present, bitcoin has got the better potential for investment than real-estate or gold. That's why, people all over the world have been flocking into it. They believe by investing into bitcoin they can get huge profit in a very quick time.
legendary
Activity: 1414
Merit: 1001
for now I would be very confident that Bitcoin is a lucrative investment, with improving progress now Bitcoin can be our main investment and I'm sure there is no other investment that can give us a lot of profits as we can get when invest in Bitcoin. Property is one of the best investments, but I think property is a pretty safe investment, but the amount of increase is not too big. For me that now there are only two choices that is whether we want to take risks in order to get a big advantage by choosing Bitcoin or we just silent and did not get anything. it is a choice and I am sure everyone has their own opinions.
newbie
Activity: 40
Merit: 0
This only means that it depends on the situation and capabilities of the one investing and his purpose. If the person has a a big amount of money and wants a one time investment with less monitoring then he can go with property specifically land because he can used it depending on his purpose. While if someone has big or small amount of money then he can also go with investing in bitcoin because the returns given by the BTC is unlimited with the right timing. BTC returns may be doubled in just short span of time yet depending on the market/price changes
full member
Activity: 1736
Merit: 121
I shouldn't invest hugely on bitcoin if I'm not comfortable. At least owning a house is good so you can even get a shelter to rest your head if anything gets wrong.
full member
Activity: 392
Merit: 101
if I have a view like this and this I have done. big profits from bitcoin I buy property that is not big and I think what happened to my property both tax and maintenance so that nothing bad happen. and partly I invest in bitcoin because this also means really to me. because of bitcoin I can have that property.
hero member
Activity: 1470
Merit: 655
there is always pros and cons to every kind of investment that you choose. it is not possible to say this or that when it come to choosing between two good investments.

in case of bitcoin the pros is that bitcoin is young and when you buy it you become the early adopter of this great currency with a limited supply. in other words there is a huge potential of profit in it.
the cons is that bitcoin is still new and that makes it a risky investment.

in case of property, i say it depends mostly on where you live. for example in my country the price of properly nearly doubled in the past year because of economical problems and the fact that people have been looking for a place to invest their money to "store their value". some places even more than double. so it was a good investment. interestingly enough bitcoin has also been one of the popular choices lately.
full member
Activity: 686
Merit: 104
both are good, but for the safer is an investment in property, such as home. because house prices will continue to rise and may not go down. while bitcoin, although it can generate big profits, but the possibility of prices falling dramatically in the near future is also great.
hero member
Activity: 854
Merit: 500
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.  Angry

We all want to live in big houses that we cannot afford.  Roll Eyes

Both are very good things to invest upon but both of them have also the advantages and the disadvantages for each other. In proporty it would be so hard to get a money to start on it but you can be sure that the price for it would go up as time passes as property would be assessed real time. While bitcoin can be much easier to start upon but it would not have the same assurance that it would still have the value that it has now be higher in the future.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
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}

you can not call that an investment. when you take a loan or even without a loan and buy a home where you live in, that is not exactly an investment it is buying something that you use. it is like buying a laptop. you bought it to use not to trade. so it is not an investment even if price of it goes up. you won't sell it anyways.

anyways i think if you can do both then it is the best solution. it is diversification after all and that is always good. and as you pointed out real estate goes up in price specially if you buy it in an up and coming neighborhood.
newbie
Activity: 53
Merit: 0
Bitcoin is still the best choice for investment but it takes a lot of patience.
I think buying bitcoins from borrowed money is not a good way, the risk of losing for bitcoin investments is too great and will give you more costs when you incur losses.
Better to use the money you have and measure your ability to lose capital.
member
Activity: 340
Merit: 13
Those 2 options to invest in mate are both good but it depends on the people. If you are a risky type of person that gives a little sacrifice, then should go to bitcoin because yes prices are volatile but once it will pump jist a little bit, you will get instant profit. While in properties price are stable, amounts are fixed compared to bitcoin. As what i said, it depends on the type of investor
hero member
Activity: 1330
Merit: 569
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.  Angry

We all want to live in big houses that we cannot afford.  Roll Eyes

For one, I think it depends on the individual making the investment decision and the amount of information available to such person. Not everyone have access to the same type of information and that is why sometimes some people will make some investment decision and I wonder why take such decision. For me, I would be tilting towards crypto currency in general rather than limiting it to bitcoin because I have seen firsthand how a coin that barely worth nothing at some point ended being sought after in a matter of months. No property investment could bring such returns without repercussions.

However, there are still some things that should not be compromised on and one of them is shelter. Imagine a family of 4 staying in small house under the guise of investing somewhere else. It goes beyond the interest or returns but sometimes the very reason of existence.
member
Activity: 348
Merit: 10
   Nowadays, being practical is the best strategy for me. Just buy a small house and lot then the rest is investing in bitcoin to gain more profit before investing again some real estate property. Bitcoin is the best investment at this moment. You can earn bigger in just a short of time.

I think the best investment is in bitcoin because even if the price is not stable but still you can assure a big profits on it, in the right time. Just hold and wait...
member
Activity: 909
Merit: 17
www.cd3d.app
   Nowadays, being practical is the best strategy for me. Just buy a small house and lot then the rest is investing in bitcoin to gain more profit before investing again some real estate property. Bitcoin is the best investment at this moment. You can earn bigger in just a short of time.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
To be honest, the answer to this question is subjective and thus will differ from person to person. Each and every investment has its own pros and cons, every investment has its own risk level. Let's be honest, when it comes to the cryptocurrencies it is something that has the highest risk at this point but on the other hand, there is a probability of getting exponential returns that property might not give even in next hundred years. Personally, I would go with diversification method as far as I can afford the investment in property without taking a loan at a high-interest rate.

Very good answer. The thing is, we have been taught that "property" is a good investment and we seldom question that. Most financial advisors will tell you that property is a good investment, but they never tell you that buying that property with debt, might be a bad investment.

Property investment also have risks :
~ Natural disasters
~ Your neighbour might do something that might devalue your property.
~ Poor workmanship will increase your maintenance cost.
~ Damage to your property.
~ Environmental damage
~ Political instability  
~ Over spending on upgrades

You will never know what will happen with your 20 year investment in property in the future, so it is just as risky as a Bitcoin investment.  Roll Eyes
member
Activity: 266
Merit: 10
well i believe property has a very big potential of earnings every year it was usual but if you cannot afford to buy a property start investing in bitcoin to do trade and save up to buy a worthy property best investment is depends on the investor like what do they like and they dream about, yes if you get rich in bitcoin you can buy property but it takes a long long time.
full member
Activity: 854
Merit: 140
I lived in south east asia country and mostly people will choose property over bitcoin, some reasons i've been getting after spending time brainstorming last year:
1. Most people in third world countries are old fashioned and they diligently teach their kids to believe that tangible assets are better than untangible.

2. Property has given them return and profits for longer years than a few months crypto booming which is more trustworthy in longer run.

3. With the average price of bitcoin now at $6,7k , they can have a house subsidies by the government. Its cheaper and the house certificate will be yours. Most likely it will be a remote house with only 1 or 2 room however they already have a roof to live and its better than stacking a bitcoin.

4. Comparing owning a property to live and investing in bitcoin might be a different case because you take home loan while it categorize as liabilites. In most case to compare here, people tend to take a loan from bank not to buy a piece of property to live in but rather buy a piece of land and build a few houses then they either rent them or sell them back to society so they can generate income that cover the taxes and interest.

Their argument is, rent a smaller and more affordable property at a lower monthly rent as what you would have paid on a big house and invest the "savings" into high risk investments like Bitcoin.

They countered that with the argument that the home owner still have to pay for the maintenance of the property, so owning a house and paying a Bond was a stupid idea.  Roll Eyes
Its true that home owner still have to pay for maintenance of property but if we have 20 property and only 1 house to live in, then all i need is just to spent maintenance for 1 and leave the other 19 for investment, either by cutting the electricity or the water run in those property. I don't need to spent maintenance if there are nobody living in the house right?  Grin Grin
full member
Activity: 504
Merit: 105
If I have to choose between investing on Bitcoin and property then I would choose the least risky option. I'm sure you all heard about big timers who got rich because of bitcoin but let's be honest, there are more losers than winners on investing Bitcoin. Bitcoin is a high risk investment because it's volatile. The market is fluctuating compared to properties that has slow growth. Ideally I'd go for investing on property.
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