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Topic: Fiat and crypto and stock is bs, but property is real - page 3. (Read 960 times)

hero member
Activity: 2184
Merit: 718
Everyone has different thoughts on fiat, crypto and stocks they have different risks when we run a business so just do what really makes us more confident in doing business to invest because every corner has positive and negative sides but it all depends on the way we have to face, Many people feel cheated by something they do in business but some of them also benefit, so never blame others because we have different views so do what is more meaningful for ourselves.
It's not worth blaming other people for anything, because other people also run a business according to what they think so other people don't blame you for this either. Only in terms of doing business that needs attention is the condition of global economic development.

Because that's what mostly influences the development of a better business, while for investments that need to be considered are the pros and cons of market conditions when someone invests in assets that he believes are good at that time. So both do have positive and negative sides as well as sides that need to be considered before running it.
legendary
Activity: 2744
Merit: 1512
You said Fiat is bullshit but you need it to build properties 🤦

Just listen to yourself mate, if money doesn't make sense to you then avoid doing anything with money, I wonder what you can do without Fiat, Crypto is just making the whole thing decentralized and digital.
You got a point there but I think that wasn't the op wants to imply. He is trying to say that property is a real thing or has a physical appearance while cryptos and stocks do not have it. As for the fiats, they do have a physical appearance but they aren't an investment. They are simply a currency that we used daily for purchasing goods.

Even though stocks and cryptos are digital. They are still considered as an assets that you can invest and make a profit with. Being digital do actually have an advantage because they are easy to keep and you can have different kinds of them. While a property investment is something that is hassle in my opinion.
Having a digital investment is far superior than having a physical one. Even though it would be hard to lose a gold bar for example because you would hide it very well, even put it in a bank safety box, its at least possible, or fiat banknotes, or house burning down, whatever it is a physical thing could be destroyed.

Digital ones can't be, you could be scammed, or even lose your key phrases and all, but normally if you do not make any mistakes its there and there forever which means you will not lose it. Plus its easier to control, its a few buttons and you click them and either buy or sell, that is a much better and easier method then going and buying a whole house.

Why would it be?

I don't consider Bitcoin's utility as an investment tool so this would be excluded because I view it as a currency with appreciating value due to its deflationary tendency. Why would holding a digital investment like tech stocks be any more valuable than holding something physical like gold? I understand digital assets are easier to store but are physical assets really that difficult to store? If someone's holding a digital asset for investment sake, I wouldn't consider ease of use to be a top priority.
sr. member
Activity: 1701
Merit: 308
Everyone has different thoughts on fiat, crypto and stocks they have different risks when we run a business so just do what really makes us more confident in doing business to invest because every corner has positive and negative sides but it all depends on the way we have to face, Many people feel cheated by something they do in business but some of them also benefit, so never blame others because we have different views so do what is more meaningful for ourselves.
hero member
Activity: 2184
Merit: 718
Many people will transfer assets to property because they have been proven to be safe assets, immovable assets that always go up even by a small percentage, in my country property prices in cities can increase by more than 100% in 7 years or there is an increase of more than 13% per year, of course when compared to cryptocurrencies the increase of 13% per year is very small but the risk is very small making property always the choice of many people.

Some property investments are indeed very profitable in the long term, but don't get hung up on the benefits that are achieved in the long term, but you have to issue property maintenance data that you have, and that's not with small funds. To take care of property maintenance seems to be a clear investment on a yearly or monthly basis.
Expenditure calculations for maintenance costs for each property that is owned is clearly very necessary and there must always be a calculation. Because the net profit is seen after knowing all the maintenance costs used for the property. So there is also truth in what you say that everyone who likes to invest in property doesn't have to be fixated on the benefits, but the amount of maintenance costs must also be seen because it's for the sake of making the property look better in the long term.
legendary
Activity: 3080
Merit: 1144
It's illogical to compare all these with real estate. It's like comparing apples with potatoes—the first one is a fruit, the other a vegetable. Yes, I agree, real estate is probably one of the best—if not the best—investments you can ever make. You can sell it, rent it for passive income, use it for yourself, or a combination of them. Whether we like it or not, housing is becoming more and more expensive; thus, real estate will always be a worthwhile investment. The problem is that if you haven't inherited a property, it's nearly impossible to acquire one yourself nowadays. 

Exactly. The OP haven't established or have thought that not everybody is capable to own a land or properties these days and convert it to a passive income where you will build a building to make some profits in the future thus getting some benefits as well because the property/land will get more expensive as years goes by. That is why it's hard to own some of it these days because real estate business is not new anymore.

But everyone has the power to own some crypto and stocks because that's much cheaper than owning a land as you can jus by a fraction of it, not wholly, like real estates. But the risks are the same and the owner will still benefit as year goes by.
newbie
Activity: 42
Merit: 0
How to define property? Property already includes material wealth such as your money, house, supplies, land you own, etc. So how do you prove that your property is yours?
When people invest, they will first choose to invest in real estate and stocks. Because that's what the public knows. Of course, some people will choose cryptocurrency, but novices will not choose cryptocurrency at the beginning. He needs market experience.
Since it is property, I think it is safe in my own hands, and I don't trust any organization.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
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Crypto investment is the only way the average investor can try their luck on a few coin and stand a chance of catching up with real world investment. Without the invention of Bitcoin and other crypto currency a lot would have remained in trenches.

It is true that crypto or securities cannot be compared with real estate, real estate is still the safest asset. But I will agree with you, without crypto or securities, we who don't have a lot of money will never have a chance to own real estate or any other assets. Cryptocurrency is a rather risky path, but the returns it gives us are well worth it.

Today, thanks to cryptocurrency, many people have changed their position in society, creating many opportunities for young people without money to start a business easily. This is something that no real asset like real estate can do.
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
Many people will transfer assets to property because they have been proven to be safe assets, immovable assets that always go up even by a small percentage, in my country property prices in cities can increase by more than 100% in 7 years or there is an increase of more than 13% per year, of course when compared to cryptocurrencies the increase of 13% per year is very small but the risk is very small making property always the choice of many people.

Some property investments are indeed very profitable in the long term, but don't get hung up on the benefits that are achieved in the long term, but you have to issue property maintenance data that you have, and that's not with small funds. To take care of property maintenance seems to be a clear investment on a yearly or monthly basis.
hero member
Activity: 1582
Merit: 758
It's illogical to compare all these with real estate. It's like comparing apples with potatoes—the first one is a fruit, the other a vegetable. Yes, I agree, real estate is probably one of the best—if not the best—investments you can ever make. You can sell it, rent it for passive income, use it for yourself, or a combination of them. Whether we like it or not, housing is becoming more and more expensive; thus, real estate will always be a worthwhile investment. The problem is that if you haven't inherited a property, it's nearly impossible to acquire one yourself nowadays. 
hero member
Activity: 1246
Merit: 534
We all know that crypto is flashy and people want to know more about it and invest more in different coin hoping that those coin will rise in know distant time for the to make their gains that's well articulated but most times their is loss which is expected. To me investing in real estate is still the best because is always appreciating and is also life time investment but that's if you have the knowledge and what it takes to invest, keeping your money in the bank in recent time does not profit you much instead you are only giving banks money to make their institution strong.

To be fair, gold and real estate are still the two most valuable assets to invest in, neither bitcoin nor crypto. We invest in bitcoin simply because we need money, and I guarantee that when money comes, people will focus on real estate and gold rather than bitcoin. Because all are aware of the risks that bitcoin can bring, all are just trying to pretend that bitcoin is the best but the end goal is still other things.
Actual i really did not expatiate this very well, real estate gives money and cryptocurrency gives money, but the different between both of them is that, a real estate the land which is involved do appreciate when time comes up, and it never goes into lost during investing in a real estate, the only thing that hinder a real estate, is the process of having a someone who can have interest in that particular portion or place, but in cryptocurrency, it has to do with loss and profit and the profit might be minimize why the lost might be ambiguous.
sr. member
Activity: 2142
Merit: 341
Some people like it when they could hold their investments. Gold, silver, houses, whatever else, even art is some sort of form because it means you could at least do something with what you have in that case and they can see it and hold it.

But, when it's sort of digital, like stocks and crypto then they do not believe it actually has a value to it at all. I am not saying they are right, because I know how wrong they are and the world we are in right now is quite digital and everything we do is digital. That is why I believe that we should not be focusing on physical investments, it will not be only limiting your profits, but it would limit your future as well.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
We all know that crypto is flashy and people want to know more about it and invest more in different coin hoping that those coin will rise in know distant time for the to make their gains that's well articulated but most times their is loss which is expected. To me investing in real estate is still the best because is always appreciating and is also life time investment but that's if you have the knowledge and what it takes to invest, keeping your money in the bank in recent time does not profit you much instead you are only giving banks money to make their institution strong.

To be fair, gold and real estate are still the two most valuable assets to invest in, neither bitcoin nor crypto. We invest in bitcoin simply because we need money, and I guarantee that when money comes, people will focus on real estate and gold rather than bitcoin. Because all are aware of the risks that bitcoin can bring, all are just trying to pretend that bitcoin is the best but the end goal is still other things.
hero member
Activity: 1246
Merit: 534
We all know that crypto is flashy and people want to know more about it and invest more in different coin hoping that those coin will rise in know distant time for the to make their gains that's well articulated but most times their is loss which is expected. To me investing in real estate is still the best because is always appreciating and is also life time investment but that's if you have the knowledge and what it takes to invest, keeping your money in the bank in recent time does not profit you much instead you are only giving banks money to make their institution strong.
hero member
Activity: 2282
Merit: 589
You can't compare real estate and investment because both are completely different and need different set of skills to excel in it, particularly real estate investors are successful when they are doing it for many generations so its not really suitable for everyone.
We don't need to compare the real estate sector with crypto investments because the two can be combined to benefit from the investment side, but the real estate sector requires large funds to be built on strategic locations to gain interest from visitors and real estate business has high competition, it requires management experience and the risk is that real estate requires maintenance funds and real estate will be sold for a long time, but it's still risky for real estate even if you only take profits from successful real estate owners, but a lot of real estate is abandoned and even fragile when it's been neglected for a long time.
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
Real estate is constantly growing sector of all time but it isn't that much profitable and you need tons of experience and lots of capital to become successful one. To acquire stocks or cryptos you just need money no need of experience and powermto lobby the government to acquire the properties.

You can't compare real estate and investment because both are completely different and need different set of skills to excel in it, particularly real estate investors are successful when they are doing it for many generations so its not really suitable for everyone.
hero member
Activity: 616
Merit: 749
Property is a classic investment that will be liked at any time, it's only natural that people always make real estate the first investment before looking for other investments, besides that the opportunity for profit is very large because real estate prices such as houses, land, buildings and so on will continue to increase.

Many traditional investors still consider this the real form of investing because your investment in this area could help humanity as when you invest in real estate you create housing for people to stay in and same can be side about lands and building. Most popular investment today only caress about the interest the investors are making and not considering if they're using their wealth to help humanity.

Investment like stock, cryptocurrency etc doesn't add any value to the community instead it only enriches the investors but with real estate investment both the community in which those lands are located at get development that'll help the humans in that area.
full member
Activity: 1554
Merit: 115
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Spend money to buy a piece of memory (history).

When we go to buy a piece of memory card, we are spending money to buy a piece of memory, to
keep the memory alive.

Because the memory is very important and shouldn’t be forgotten. We keep just the important piece of memory into the memory card, to preserve it for many generations to come. We unconsciously and involuntary contribute to the “cult”, although we never talk about it, we don’t even know what we are doing when asked, and nobody tell us it’s what we need to do.

It’s identical to people pay a big sum of money to bury the ancestors, spend on the tomb and grave yard, and every year spend money to pay tribute to ancestor, pay to safeguard the tomb from intruder, tomb raider etc. Paying the money to keep the memory alive so that people would remember the bloodline existed and there is the tomb to prove it. I don’t know what’s the stubbornness on it, government would not hesitate to confiscate the piece of grave yard, to develop new city, but most of the time they would failed because money is again spent to lobby against grave yard confiscation.

Another example is bitcoin, it’s in fact we are buying a piece of memory (history), we keep buying bitcoin because there is history behind bitcoin and to keep this history alive and not forgotten due to time elapsed, we need to spend money to keep it alive. (Although CB won’t stop mocking about bitcoin is as dumb as collecting stamp and it create no value but high energy consumption). If we stopped spending money on it, time after time, eventually everybody would forget this piece of history, when the money on the bitcoin dried up,  the memory of bitcoin on people would also be diminished.

Also the library full of books. It’s also build to serve as a piece of history. And money is spent to keep the books clean and readable.

Pyramid, church, mosque, ..., a piece of memory.

Retro-game cartridge, cd, dvd, tape, vinyl disc to keep a piece of memory.

Stamp, painted art, statue, ...

Of course each memory has it’s own ranking, the ranking is measured in term of money, the highest priced memory would be more important than the lower priced memory.

The motivation on buying a piece of history?
But what’s the point of buying a piece of history? Because it’s a mistake. When the price is low, people would not pay attention to the story. Money is spent, to keep the price high and keep the memory alive, also to attract the attention, this piece of memory contain the mistake that has to be remind again and again, if the memory is lost, then the mistakes would be return again, to prevent the mistake from repeating itself, money has to be spent to keep the memory alive, then the memory would serve as the reminder, to set as a precedent, to not repeat the mistake again.

But what’s the point of this topic? This sound so foolish. There is so much memory to remember, nobody have so much time and the interest to learn all of them, also many of them are partially forgotten and can’t tell exactly which is the real piece of story, other than it’s very highly valuable piece of artefact, thus people won’t stop the habit of spending more money on it despite it’s a waste of time and money.

It become apparent, it is pointless to stick to the old history and never make any progress, but it look to me each generation has their own piece of history that they would spend money on, (to keep the history alive), so I believe it’s wise to spend on just the piece of memory that matter to you alone the most, because nobody else would give a damn on your life except yourselves, also they won’t care about your piece of history that you spend money on and care so much about, you want the memory to live on you pay the price and don’t expect someone else to pay for you.

Due to the nature of inflation, it become more expensive to store a piece of history, people from the ancient old day store the memory by drawing art on the wall, but with thing getting more expensive, storing memory on paper is invented to save resource, money and time, but today the memory is stored in the tiny bit of memory chip, (yeah pdf is replacing real physical books) which is both cost effective and time saving, in future it might have to be stored on subatomic medium. But not all are bad news, due to thing getting so small, it become easier to carry the memory around, to distribute the memory, to get the words out, the point of memory is created not to be buried into the earth crust, memory is created to broadcast to as many people as possible. It’s also convincing enough smaller memory are much more fragile. Comparing the paint on the wall and a books and memory chip, paint on the walls can last many thousands year and still readable, books is fragile but could last a few hundred years too, memory chip is arguably a lot more fragile, corrosive could eat into it and bit rot to destroy the memory, they may not last more than a decade.

Financial advice? Price goes up, we are in for the money... who care about the story. We just want the reward, minus the efforts to get it!
What exactly is all the fuss about NFTs? Storing jpg? It’s in my opinion, the intention to buy a piece of history, but it’s nothing more than replicate what exactly the rich guy did, they paid top dollar on painted art, bullet, gun, for no obvious reason, but price keep going up. And conveniently scammer took advantage of the hype and sell it as an investment, promising the price keep going up and investor could make profit, while unscrupulous investor has no idea it is a snake oil.

Happy ending memory?
Regis McKenna once said, the best marketing is education. Steve Jobs agree. There is a time a gold rush that create happy ending memory to some people and make many people rich, it was the time they’re indulged on the easy money that come without taking much efforts, soon enough the parent decide to pass down the happy ending memory they once enjoyed to their kids, and they begin to tell kids to follow their path, they go to school and get good grade and by the time gold rush is on the hype they board the boat and make a happy ending life, so every kids must remember their history of happy ending memory, and reproduce the same result, or they would be deemed as social rejects, so guy must all go to work as teacher, accountant, doctor, lawyer, these are proven a career working for them during the gold rush, it should work indefinitely no matter when the time we are born, it should work... time would tell the answer.

The new world order?
Migration, career shifting, has take the world by storm, new world order, become social influencer but not to be lawyer accountant doctor or teacher, making video and your very own channel for your very own audience, youtubing, electronic sport(?), would internet gold rush come to an end? Nobody know. But the new age is still very young, there should be plenty of opportunity to make.

Whatever the memory or history is, if you run out of coin you are game over!
When your history run out of money, it’s game over for your history, when you run out of coin you can’t play the coin operated arcade video game anymore, and you would be served with “game over” splash screen. Hence, do not run out coin! To keep your memory running. Obviously the richer you’re, the longer your history would last, rich guy want their version of history to last forever, they would do whatever to get more money, breaking laws, bending rules, to keep their history alive, for generation upon generation.

Chicken and egg, what come first?
Let’s follow the advice, so how to make money? Just listen to the advice of filthy rich, follow whatever Warren Buffett tell us to invest, it would never goes wrong, it’s fine! Yeah, just learn to code, and be programmer, it’s lead to happy ending! Just be lawyer accountant doctor, be rich dad just like them, the advice always work. Smiley

Anything else to add?
Some called buying stock is akin to buying a piece of ticket to a circus show. Obviously a real circus show would only last as few as a few hours and after the show is over, the ticket effectively become worthless. But stock market circus show last for much longer time, many years, the clown on the circus show has to keep playing the show to entertain the audience, and the price of the circus ticket may worth more, if the clown quit then the circus show is finally over, when the company goes bankrupt, or CEO quit the business, it’s the end of circus show, you can toss the ticket to the dustbin. So do not quit, keep the circus running. Time may be changing, word maybe changing, ideology may be changing, terminology may be changing, scam may be changing, but the final goal seem to be roughly the same, the end goal is to create memory, which also spend money.

Have fun reading.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
Quote
Fiat and crypto and stock is bs, but property is real

I believe this is a matter of perspective.  property if not used properly or utilized properly can be a liability.  You have to pay for its tax and other stuff such as maintenance regularly and yet could not earn a single dollar from it.  Some popular financial gurus even stated that unutilized real estate property is nothing but a liability.

So I think each one of these: fiat, crypto, and property have its strength and weaknesses.  It is up to us to take advantage of the opportunity these stuff offer.


hero member
Activity: 2086
Merit: 603
Yeah sure and when it comes to buying or selling the property how would you do that? Stones and paper ? Well the answer is fiat or may be crypto if someone is interested in that. That’s called as circle of economics. The entire world knows language of money and you can not go away with it. To buy small candy or hectors of land you will need those green bills. It can give you nice security over the time but you can’t use it to trade the bills on everyday life. It can make you good returns but it might be very hard to find purchaser based on various factors.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Not every property is worth it, I tell ya. I inherited a nice lot in the mountains near the national highway here in the Philippines, and guess what the value is? Shit. Nothing is close by, only some random houses and some isolated stores here and there. Investing in property isn't for everyone; if you don't have an eye for value then even if you invest in properties, lands, or any other "real" thing that you're mentioning you're still doomed to fail. Investing in crypto and fiat also needs you to be keen on finding value on which ones to pick - even in stocks! Each one has its own strengths and merits, and real estate/properties may seem like solid options (no pun intended), it also has its weakness especially depending on the economic conditions on where that property sits in.
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