Depends on how much money you have and what your goals are. There are areas in the US where you can buy a clean house (not a slum) for <$150K and rent it out for $1500/month. You won't get rich overnight but your mortgage will be covered with money to spare. Plus it's a hard asset unlike Bitcoin.
Try doing that with Bitcoin.
Topic: Bitcoin or Real Estate? - page 4. (Read 525 times)
Real estates are not an easy business and you got to have a pretty significant amount of money to start buying some properties. I would say you need at least 100.000$ to buy 4-5 apartments and start renting them. With bitcoin you can start with just 5000$ and buy when there is a crash. With bitcoin you can double your money in just a few months, while with real estates you need at least 5 years to get your money back and get in profit after that. Even though with real estates you need a lot of time to get your money back and start making profit they are a lot safer because you you are almost guaranteed to earn some money every month from renting them. With bitcpin nothing is sure and you could wait a few months for the price to go up.
For the longest time, real estate remains to be the most reliable investment, but only the rich can afford this type as it requires huge capital investment. Bitcoin on the other hand is investment for all, no matter how small or big your investment, you can do bitcoin. In terms of long term profitability, real estate varies on the development of a certain area, Bitcoin on the other hand have proven to be a very successful long term investment growing from just 100$ to as much as $19k in just 7 years.
The value of Real Estate has been increased a lot in the past few years. After the major dip in the crypto market a lot a people are wondering if investing in Real estate is a better investment then BTC. The charts for Bitcoins is showing some up and downs and it happens that right now the BTC is losing -6%.
What are your thoughts?
I would choose Bitcoin because for invest in real estate you should have much money and you should have other income. What are your thoughts?
The value of Real Estate has been increased a lot in the past few years. After the major dip in the crypto market a lot a people are wondering if investing in Real estate is a better investment then BTC. The charts for Bitcoins is showing some up and downs and it happens that right now the BTC is losing -6%.
What are your thoughts?
What are your thoughts?
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