Topic: Fiat and crypto and stock is bs, but property is real - page 2. (Read 1103 times)

I can see that most of your predictions are bull when the market 8s bear already.i know we still have time for the market to adjust to follow the path it would go because this is just the beginning of the year and we still have some time for the market to commence a bull momentum just like we have seen in the recent time when Bitcoin moves from 17k to 21k within few weeks.
We should be approaching more higher pp rice since this is just the beginning of the year.

I expect to see more bullish momentum before we get to December hoping that this year is going to be a positive year for all cryptocurrency investors. Many investors had lost huge fortunes in the market and we expected to see a decent movement.

Yes if someone wants to do something with cryptocurrency then he has to first buy crypto through fiat and then use it for something.  So fiat is always an important asset.  It can never be underestimated. Stock is a type of business.  It cannot be excluded from the business list.  Because a person stocks a product and later sells it at a profit.  Investing in something for income is a type of business

I was narrowly able to understand you, and I will like to correct you that it's all about the preference and preparedness of the investor. Be it fiat, crypto, stock or property, they are all good, and they serve their purpose when they are purchased at the right time. You don't invest in property at all times, and so are the others that have been mentioned earlier. What is good is to learn them to know the right time to do their investment and divestment.

It would not also harm anyone to diversify their portfolio as well, you can invest in all, or almost all to cut risk and make profit surer.

Of cause that is typical of some people, lumpsum everything in one. We do understand that our fiat currencies have mostly been affected by inflation worldwide however we cannot discountenance its importance still. Also, we can begin to look into where it is more profitable to invest in, vis a vis ROI hence, whether investing in properties or financial instruments like stocks/shares or crypto is of choice however, the importance of fiat should not be under play in the society because as you said, we still use fiat for these purchases thus far. 

My humble projected btc price prediction based on historic data.

2009jan 0
2010 no data
2011feb 0.3 2011dec 5.27 (bull)
2012jan 5.27 2012dec 13.3 (bull)
2013jan 13.3 2013dec 600 (bull)
2014jan 770 2014dec 314 (bear)
2015jan 152 2015dec 434 (bull)
2016jan 382 2016dec 790(bull)
2017jan 998 2017dec 19783 (bull)
2018jan 9052 2018dec 3242 (bear)
2019jan 3747 2019dec 7600 (bull)
2020jan 7400 2020dec 23k (bull)
2021jan 32k 2021dec 68k (bull)
2022jan 32k 2022dec 17k (bear)
2023jan 17k 2023dec 34k (bull)
2024jan 34k 2024dec 68k (bull)
2025jan 68k 2025dec 100k (bull. yay! finally stock2f materialised)
2026jan 60k 2026dec 46k (bear)
2027jan 32k 2027dec 48k (bull)
...

Notes
1There is no exchange data prior to 2014 where cmc was found. It was composed based on random available sources.
2I also assume bitcoin would never possible to exceed the gold total market value by any given time, also assume diminishing reward which mean the bigger the price the lower the reward. For example $152 to $19783 is 130x reward, while $3747 to $68k is 18x reward, which is much smaller. I also assume $17k to $100k for 7x potential reward and it’s also very conservative.
3Also the gold price never make new ATH for the last ten years, which spell a precedent that gold price might set to be at the pinnacle where no institutional can afford it no more.
4evidently, bitcoin suffer one year bear and took another two years to recover to former ATH again, 2013dec 600 took two more years bull for it to return to 2016dec 790, 2017dec 19783 took two years bull to return to 2020dec 23k again, it’s safe to assume 2021dec 68k would take two years bull too for returning to 2024dec 68k again. Take it as reference and not financial advice only.

In my opinion, real estate is also a very abstract entity. In fact, a person does not own a house in the form of a concrete or wooden box, but the ownership of this object.

Ownership is an abstract concept, it is a subject of agreement between different people among themselves. People came to a certain agreement and formalized it in the form of laws and other regulations. This is how property rights came about.

In this regard, Bitcoin is more real than the ownership of real estate. Bitcoin is based on a mathematical algorithm, not on agreements between individuals.

When you are trying to purchase a land or property then you should be considering the ff;

-Site location
-Potential development
-Near on central city
-Accessible
-Concrete main road

The main cons on real estate investment is that it is really that too much expensive
and it does really takes a long time before you could be able to determine whether its a hit or miss
on the property that you had purchased.

There are no guarantees, but someone must try. If it's a short campaign which last few weeks it really doesn't worth, but there are long lasting campaigns here active for several years already. Many of those members could have made a good deal acquiring properties only through this income.

And even if the campaign finishes suddenly and the person loses his income, I believe the necessity creates the opportunity, so the person will have to find an alternative method to replace that income to continue paying the monthly amortization quotas. Since there is a financial obligation involved, this individual will search for a job with much more effort and disposition. While if he had no debt, he would be in a confort zone.

Location is everything. I think residential areas are more risky for investments, while countryside and commercial propertials are the ideal ones, because they are versatile and encompass a wide variety of potential renters and businesses concepts which can be implemented there.

Implying that real estate is as easy to acquire as crypto and the aforementioned assets and commodities. Just because it is intangible, which is what most of you guys argue for stocks, bonds, and crypto, doesn't necessarily mean it is of no value. For all I know, the housing bubble is about to pop soon enough courtesy of the housing scandal in China and the ever-soaring prices of land thanks to greedy landlords who think of renters as cash cows to sustain themselves with instead of human beings who they got a mutual favor from. I'd like to know what OP's gonna feel once that comes around.
Lmao true, and don't get me started with "the bank said it's mine after I signed a mortgage so it must be true" logic. Although I would argue about the relative "diffivulty of handling each and every asset you mentioned. I would also agree with the fact that real estate is the easiest asset to invest upon. As it stands today you can watch your money grow literally as real estate isn't showing apparent signs of depreciating in value, which could change given ny statement above regarding China's housing dilenma which could translate to the western hemisphere.

No person who is into cryptocurrency that have not lose money before so if you are stocking your cryptocurrency or a Fiat currency because of investment or your time Factor you believe that you will make a profit you are liable all profit to land, or into lost because in investment two things are involved

Signature campaign earnings is really that something big and enough for paying up some monthly amort but we know that relying with this kind of thing wont really be guaranteeing out on how long it would last.

This is why its never that been recommendable on doing so yet its never been a stable work since from the start.Speaking about land or property investment then it would really be normally on having lots of
considerations whether its price would be stagnant or would appreciate depending accordingly into its location which is definitely true.This is why even we do say that real estate business is really that worth
but its not something that you could really make out some guarantees that you would be hitting the right spot. So it is really still that risk taking when it comes to this manner.

I think it depends on the location. Where I live it's possible to buy a land lot for 5600$ where it's going to be a houses complex. Water and electricity are already scheduled. I don't know if it's a good investment, though, because I fear it can become a slum later. So there is violence, problematic neighborhood, low quality infrastructure, not good looking surroundings... And all these characteristics make the investment completely loses its value. Anyway, the costs are pretty cheap in my opinion. Even signature campaigns' income can pay for that.

Am not sure what is happening in your location but from where am located, there is still enough food for everyone to eat despite the tough economic situation. No one needs to die for another to eat.  The only problem some of the people are facing is laziness to work in other to earn a living. The economy is bad we understand, but some people are only looking for a flamboyant life, trying to leave above their capacity. Imo, it all depends on how hardworking a person can become.
 

Why should say depreciated and feel ashamed to use fiat? Even though in general fiat has no faults for being used by many people in the long term and is still accepted by many countries with their respective currencies. So it is clear that it is still very good to use fiat even though there are several other options for payment, because fiat can still be used as legal tender in all countries by everyone in all work services.

Tbh I wasn’t expecting a history to repeat itself, after all the noise going on in each family today, I couldn’t stop thinking, it’s exactly the same history once again, there is just too much coincidences, that is foolish to ignore them completely, the history are revolving around fiat too, there is Parexel (googl it) and vaccine in 2007 before the subprime crashes, then there is covid and vaccine in 2020 before the crashes, but when would be the next crashes idk. The world is running low on food, there is no enough food for two guy, one guy of the two has to die, while one other guy survive. Govt take the 96% food from you through inflation, you have to live with the remaining 4%... complete bs... you’re wondering why are guy migrating en mass, become social influencer, doing live-stream, refusing to get a working job. Many zoomer are going freakout over the foul play. The “hard-asset rich” joke that’s once asserted by kiyosaki a decade ago has become even more prevalent today, asset rich to 99% common folks but zero cash, and yet bank has too much money and stocks today, perfectly spot on prophecy, a malfunctioning economy, which economist said is designed (JFL) to save the poverty, I wonder how would the imposters who attack him feel now, they’re writing blog all over the internet and call him scammer by the name, absolutely ironic.


Many people failed to realise, not only house, food is also getting a lot harder to acquire, yeah, the true nightmare is ahead, it’s not a joke btw, cutting you out from house and food access, forcing you into less food and homeless. Ironically everybody focus seem to be on the house alone, it make me wonder whether the banking giant are behind the status quo, property has always been receiving countless media attack since the 2008 crisis, many are deceitful catchphrase, but never once mainstream news attack on the food price. As the memes goes “you would own nothing and eat the bug and be happy.” Hard to acquire food? just eat the bug, hard to acquire house? just own nothing.

OP continues to ignore the fundamentals of real estate, namely that you need large amounts of money to get started. Some are fortunate enough to have inherited properties from their grandparents during a time when owning a home was much more feasible. The majority of us in the younger generations, from Millennials to Gen Z, will have a lot harder time acquiring their own house, while taking out a loan to buy a small apartment is out of the question for most of us since these loans may run for over 20 to 30 years, and who knows what happens till then?

Bitcoin appears to be the best shot we have at the moment; it may not be as good as owning properties, but it's something ordinary. On top of that, Bitcoin might be the key to acquire a house in the distant future, you never know.

The OP, on the other hand, continues to post information that is somewhat irrelevant to the topic. 

That is very true, many people say fiat depreciates, fiat is centralized, and using fiat is a shame, but they don't look back that they invest in bitcoin invest in real estate, but in the end, everything counts as fiat and is measured in fiat. All the people who are talking badly about fiat are still working nonstop for fiat.

Fiat maybe bs but you need it in other to be able to buy your desired property, without fiat your property talk is also bs because nobody will listen to you.
Even after acquisition of the property, fiat still plays a significant role when it comes to earning from that property except it is for personal usage, so before looking at all the fiat flaws also look at it's importance in our present economy.

As much as people despise fiat, they still work very hard to earn it, Elon is no exception. Isn't that an irony 

Let’s observe some of the WB famous quote

But why? Why I need to do it? Isn’t it a waste of time? Why don’t get a job to work and contribute? Why must go against everything in life?
This guy WB is full of ill intention, I do not like him one bit so I decide to begin to observe some of his best quotes to see why he choose it, and what motivate him to have a mindset of such famous quote. His quote can be easily found all over the social site, on FB, IG, and the like, shared and likes by many friends, friend of friends, even boss would recommend this quotes to his slave occasionally. As the saying goes, “Be careful to what advice you get in life.”

First,
“if you made mistake, pay the tuition fee.”
This advice sound just like what you get in school, if you break the traffic rule, you pay the traffic fine. If you break rule in office, reduce salary. But why would you need to pay the fine for making mistakes? It make wageslave afraid of making mistake in life, it also make kids today afraid of making mistakes in school, they would do everything ridiculous just to avoid making mistake, to avoid paying fine. He is basically training you to be perfect wageslave, it benefit him the most for giving you such irresponsible advice, because he is running the stock market, that’s his business empire, he happily giving advice which make his business(crime in fact) grow bigger, while impoverished the reader.


“Do not loss money (in the stock market), do not forget rule number 1.”
This advice sound totally legit, keep playing the stock market, he do not want you to quit, this is the advice he would happily give you, and he is the house of this stock market, if you quit with a bag of profit he is losing money and also a customer. Advising you to not lose money, and keep playing is very sound advice that benefit him and his casino the most since he is the house. It’s also number one advice that is readily accepted by unscrupulous investor, since they’re too familiar with this advice, the school has been teaching kids to not make mistake for decades, to keep winning and never allowed to failed, sound like a harmless advice at first glance, yet it’s also the number one advice that resulting in heavy gambler commit suicide over the heavy loss they made in casino, Newton Isaac is very wonderful example which he is never loss in school and also made the greatest mistake in life. He is also unable to understand why stock market is same as casino gambling, which is not a dice game or poker game but a brand new number game... and unconsciously fall into heavy gambling addiction on stock market.

There is many more WB quote, but many of them are looking perfectly fine and I can’t see through what’s his ill intention behind the advice, just yet, it’s not easy as he is quite a heavyweight mental gymnastics medalist. I strongly believe he choose them carefully and all of them are ill intended.

But why are this happening? Why is decent guy like Newton Isaac has to die? Why the bad actor do not die, but create one upon yet another trap, to fool unscrupulous decent nice guy, steal their money, and force them to commit suicide with heavy debt with legalised high interest rate, for making mistake in life?

Yeah, this all has to happen, because it’s part of the survival of the fittest. Laws of nature, you want to live another day, you must compete with another man for the same food, one guy has to die as the food is not enough for two guy. Two guy has to compete for the same amount of money, not enough money for two guy, one guy has to die, nice and decent guy dying is absolutely the perfect result of survival of the fittest. How and why and what?

Positive thinking is very important for investment as it helps in business development. There are many differences between property and crypto stocks property increases with the development of the country's global economy. Good for crypto investment it is easy to strengthen wealth by investing in crypto. For this, you should understand the market well and move forward with positive thinking it is helpful in business development.