Real estate investment still dominates the market because of its profit stability and very slim chances (to nothing) of losing.
Before the mortgage crisis of 2008, this was exactly what was believed, but this year has slightly changed ideas about the reliability of investing in real estate.
Also, the dominance of investments in real estate occurs due to the conservatism of this type of investment, in other words, they are accustomed to thinking this way (especially the older generation) due to the exclusion of alternatives (bitcoin) from the investment portfolio.
As we can see, the majority of rich people are involved in the real estate business which means that it is more profitable than any form of investment, and over Bitcoin.
Really?
Don’t you think that the fact is that investing in real estate is one of the oldest types of investments and your assessment turns out to be very subjective (not accurate) due to the fact that these rich people simply didn't have alternatives (before the advent of bitcoin)? The rich are only now (the last 5-7 years) starting to take a closer look at bitcoin (with a strong rise in price).
Show me real estate that increases in price by 3-4 times in a few years.
Of course, we can say Bitcoin is also profitable but when it talks about risk, this is more risky than any form of investment. This affects the investment interest of the people but seeing the momentum of the market and despite some corrections, it is positively growing.
Instead of choosing between bitcoin and real estate, buy land!
After all, this is also a limited resource, because it is no longer produced (it is even decreasing), unlike real estate.
There is a phrase (attributed to Mark Twain) that goes like this: invest in land - it is no longer produced. If M.Twain had known about the existence of bitcoin, he would have used “bitcoin” instead of “earth”.