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Topic: Fiat and crypto and stock is bs, but property is real - page 5. (Read 960 times)

sr. member
Activity: 1848
Merit: 370
What a call!

You call it BS but you have it, I mean it is in some ways but these days you may use it to get a property especially fiat lol

Property investing may sound too good for everyone but it also depends, you can't just buy and sell a property when you want to make it liquid. If you gain millions from crypto you would not have the urge to call it BS, or stocks or have any business. You call the property investment more of a real thing when you can't mention its cons, probably because you are blinded by the promo ads by it. I know its value is appreciating but you can't eat it when you're hungry and there's a McDonald's across the road.
member
Activity: 452
Merit: 10
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Fiat and crypto and stock is bs, but property although is just concrete but it is real.

it's all about people's investment preferences,, you could say fiat and crypto and stock are the BS but other people may think differently .. you say that property is real but I don't think so, now investing in real estate is quite frustrating, many people nowadays end up selling their property assets at a cheaper price because property prices are increasing and people's purchasing power is getting lower and that's why investing in real estate is not as profitable as it is today
sr. member
Activity: 658
Merit: 275
Many think real estate is the most profitable investment, right now too much advertising is too much, for example you can get RoI in 5 years because prices will continue to rise, the fact is the opposite is true, when you want to sell property it will be difficult and if you want fast of course should be priced cheaper than when buying.

Real estate, in my opinion is indeed a profitable investment. But like all investments, there is always some certain level of risk involved. There are several factors that affects the price of real estate as well as other investments. That is why you’ve got to do your research on these factors that affects the price and value of the investment you’re about to venture into.
There are lots of real estate investments that appreciate periodically and steadily, as there are some that lose some of its original value. Real estate has been profitable to lots of people and would continue to be.
full member
Activity: 1344
Merit: 103
we do have different investment preferences. Some made fortune out of gambling, some made it out from real estate, and for sure there are also people who became millionaires in this industry. These people exist but that does not guarantee that same thing could happen to anyone.
Yeah, this is the reason that we cannot copy the exact success formula of others. Basically, these days, you must be needing multiple income stream to sustain financially stronger. So, just believing into only crypto or only stocks will disappoint in the end. So, we need crypto investments, we need stocks and we need real-estate as well. This is how risk distribution works for achieving financial stability. Still, I have my saving and investment in major share in bitcoin and then in some altcoins and finally in gold and for real estate I am still planning up.

I agree , every investors have a different style in investing.But for me a good managing of our money is to put in some investment that you feel can win.  Dont put a risk in a single investment. it is better to divide the investment money to avoid large losses and have a chance to grow the invested money properly. Real state is also good too but always check for a good place in buying real state property.
legendary
Activity: 2338
Merit: 1124
we do have different investment preferences. Some made fortune out of gambling, some made it out from real estate, and for sure there are also people who became millionaires in this industry. These people exist but that does not guarantee that same thing could happen to anyone.
Yeah, this is the reason that we cannot copy the exact success formula of others. Basically, these days, you must be needing multiple income stream to sustain financially stronger. So, just believing into only crypto or only stocks will disappoint in the end. So, we need crypto investments, we need stocks and we need real-estate as well. This is how risk distribution works for achieving financial stability. Still, I have my saving and investment in major share in bitcoin and then in some altcoins and finally in gold and for real estate I am still planning up.
sr. member
Activity: 1358
Merit: 253
Many think real estate is the most profitable investment, right now too much advertising is too much, for example you can get RoI in 5 years because prices will continue to rise, the fact is the opposite is true, when you want to sell property it will be difficult and if you want fast of course should be priced cheaper than when buying.
legendary
Activity: 4214
Merit: 4458
if real estate is so safe..
.. how come you need house insurance

ill leave you with that thought

housing comes with on-going costs.
i can buy a bitcoin. and never access the internet for 10 years and know my coins are still there..

try that with a house.
youll end up with squatters, vandalism, damage, leaks.
governments can seize homes. tax homes.

if you calculate insurances maintenance, mortgage interest, taxes.. truly see how much that affects any valuation increase over 10 years compared to purchase price. see the real value(lack) of housing
full member
Activity: 2016
Merit: 156
Quote from: Outhue
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.

Fiat is very important to humanity to improve higher in anything they are doing in the society, because many investors has used a huge amount of capital to build a standard properties that is bringing in a good income monthly or yearly to their account. Fiat is a centralized currency control by the government in all ramifications in the country which the governments can decide to make it available for all the business men and women to use it in their country to grow their income. Fiat and crypto are very important but many people prefer to use fiat money all the time than crypto just because crypto is not well legalized in their country.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
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 boggle yourself on which one is superior and which one is not? If you do have the money then why cant be having both? which you do have physical and have digital investment which it would really be

giving out that kind of opportunity or chance for you to make money or profits on longer runs.Although its not really that an assured thing but at least you do know that something behind you could be having

other sources when it comes to money and make yourself not able to struggle if you are really in indeed of money. Cant really deny that having real estates or property which does generate income
does really give out that kind of opportunity to make money in passive way but we know that having various sources doesnt matter if its digital or physical then you should
really be having as much as possible.

Exactly, why distinguish which one is superior to another? If real estate is better than cryptocurrency, but it can't be profitable for us, is it still called good? We invest, and the end goal is not to determine which is better, but what is important is which gives us good returns. People won't care what you do, they only care about the results you get, so take advantage of every opportunity to make a profit. It doesn't matter whether the investment is physical or digital, all can be profitable, so invest in both.
Bottomline is; we do have different investment preferences. Some made fortune out of gambling, some made it out from real estate, and for sure there are also people who became millionaires in this industry. These people exist but that does not guarantee that same thing could happen to anyone. We have different circumstances and capabilities so be sure to act on your 'zone'. If this would work on you then continue but if it won't try looking at other thing. Maximize your resources as much as possible. Nothing would work if you'd force yourself into it.
Investment, of course, depends on everyone, expensive property prices cannot be reached by most people, especially when you need money it will be difficult and take a long time to sell, while cryptocurrencies are very easy investments and we can make cash at any time, and of course the potential for profit can reach hundreds of percent per year.
This is what I meant regarding circumstances and capabilities. Not all people could buy a property to be held under one's ownership and wait for years for its value to increase. In the first place you'd be lacking the opportunity already if you don't have the money to start it with.
member
Activity: 310
Merit: 10
Investment, of course, depends on everyone, expensive property prices cannot be reached by most people, especially when you need money it will be difficult and take a long time to sell, while cryptocurrencies are very easy investments and we can make cash at any time, and of course the potential for profit can reach hundreds of percent per year.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
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 boggle yourself on which one is superior and which one is not? If you do have the money then why cant be having both? which you do have physical and have digital investment which it would really be

giving out that kind of opportunity or chance for you to make money or profits on longer runs.Although its not really that an assured thing but at least you do know that something behind you could be having

other sources when it comes to money and make yourself not able to struggle if you are really in indeed of money. Cant really deny that having real estates or property which does generate income
does really give out that kind of opportunity to make money in passive way but we know that having various sources doesnt matter if its digital or physical then you should
really be having as much as possible.

Exactly, why distinguish which one is superior to another? If real estate is better than cryptocurrency, but it can't be profitable for us, is it still called good? We invest, and the end goal is not to determine which is better, but what is important is which gives us good returns. People won't care what you do, they only care about the results you get, so take advantage of every opportunity to make a profit. It doesn't matter whether the investment is physical or digital, all can be profitable, so invest in both.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Surely this depends on the place of property, I also bought property in an area that looks good, but when I want to sell the house at this time, the offer from the buyer is lower than I bought 4 years ago, the house certainly has its own risk because there are many factors influence, and I suggest to invest other than home.

It really does depends on the location where the property is situated. You mentioned you bought a property(a house) in a good location and after 4 years, you wanted reselling the house and got a price lower than what you got it for years earlier.

It’s either you’re bad at bargaining or the location of the property or perhaps even the property itself is shit and isn’t worth it. Cause I’ve always had the thought that land appreciates in value. So, if the land itself appreciates in value over time, the house built on it should be a plus.
I think real estate investments are quite profitable in the long run.
Maybe when he made his choice, he didn't consider how it would develop after another 4-8 years, so it would not go up very high because usually, if the selection of the location of the property is right, the price of the land around the property can go up a lot. This has happened everywhere because when there is a program or project from the government that will run around the property, usually it will be accompanied by an increase in land and property prices around the government project.

My advice is that he can keep hold of the property and wait to sell it, especially if he doesn't need the money urgently and think of it as savings for the future.
sr. member
Activity: 658
Merit: 275
Surely this depends on the place of property, I also bought property in an area that looks good, but when I want to sell the house at this time, the offer from the buyer is lower than I bought 4 years ago, the house certainly has its own risk because there are many factors influence, and I suggest to invest other than home.

It really does depends on the location where the property is situated. You mentioned you bought a property(a house) in a good location and after 4 years, you wanted reselling the house and got a price lower than what you got it for years earlier.

It’s either you’re bad at bargaining or the location of the property or perhaps even the property itself is shit and isn’t worth it. Cause I’ve always had the thought that land appreciates in value. So, if the land itself appreciates in value over time, the house built on it should be a plus.
I think real estate investments are quite profitable in the long run.
hero member
Activity: 1736
Merit: 589
Fiat and crypto and stock is bs, but property although is just concrete but it is real.

I know all stock investor loss money and some of them are killed, but not all property investor loss money, when Elon Musk said crypto is as bs as fiat, I challenge him to prove me property is anything resembling bs.

When you buy into stock, you get snake oil, but promised it’s indeed a “business”, stock =/= business wake up. When you buy into property you indeed get the concrete box, you indeed get what you paid for, I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business, it’s so funny investor are so gullible. But what is there to say, when I tell them, they’re scammed they don’t believe me and even being very hostile on me and call me retard, they think they’re getting the business when they buy the stock, what give?
Let me put it in a language you would understand.
When you buy a stock, you don't buy a literal stock. What you buy is a portion of that company in the form of a share, think of it in property terms since you love real estate so much as co-ownership. I bought a couple bags of cement for you to build the house with, and because I made a purchase that goes towards the collective, I am a part-owner of the house you are building.

As for crypto and fiat, they literally are just money. You use money to buy properties in real estate don't you? So you may not just realize it, but these should make sense to you all in all.


PS: just because price of rent is continuously increasing every year does not mean the housing industry is the best venture. As it stands today the bubble is going to pop any time now, don't quote me on this but if it does happen you'll realize that no form of investment is really better than everything else, it's all a matter of which are you most comfortable placing your trust and money on.
hero member
Activity: 2184
Merit: 718
It cannot be denied anymore that immovable assets like property are the safest investment, price fluctuations are very good or can even skyrocket if we are in a strategic area, property prices will continue to rise and this is what makes us have to try to invest in property, and things What we can do if we can't buy cash is installments.
Property is a good option as well as a real investment that many people can see firsthand. Obviously it's not a bad choice, but you also need to consider the properties that most people are interested in investing in, because it can help you a little when you want to resell it at a certain time or when you are dying on your own finances.

Like a land investment where the price will continue to rise and if you really have money there's nothing wrong with switching there.
but before investing in land we must be observant because if the location is not strategic, of course it will be a loss
The choice of land is also very good for investment, but you also have to consider land that is located on the side of the main road or not so far from the national road. Because the average person who wants to build a simple building or plantation will definitely look at the land that is close to the road to buy it for the sake of making it easier for them to get access when they want to travel from that place or vice versa.
sr. member
Activity: 2002
Merit: 250
It cannot be denied anymore that immovable assets like property are the safest investment, price fluctuations are very good or can even skyrocket if we are in a strategic area, property prices will continue to rise and this is what makes us have to try to invest in property, and things What we can do if we can't buy cash is installments.
Like a land investment where the price will continue to rise and if you really have money there's nothing wrong with switching there.
but before investing in land we must be observant because if the location is not strategic, of course it will be a loss
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
The 2000s United States housing bubble was a real-estate bubble affecting over half of the U.S. states. It was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2011. Source : https://en.wikipedia.org/wiki/2000s_United_States_housing_bubble

So your theory that everything else are Bullshit.... actually stink, because real-estate had it's share of bullshit too.. and this happens in cycles in many different countries. (Real-estate are very complex, with a lot of things that can go wrong... example : Natural disasters / Rent not being paid / vandalism of your property etc...)
sr. member
Activity: 1722
Merit: 252
It cannot be denied anymore that immovable assets like property are the safest investment, price fluctuations are very good or can even skyrocket if we are in a strategic area, property prices will continue to rise and this is what makes us have to try to invest in property, and things What we can do if we can't buy cash is installments.
hero member
Activity: 2856
Merit: 655
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 boggle yourself on which one is superior and which one is not? If you do have the money then why cant be having both? which you do have physical and have digital investment which it would really be

giving out that kind of opportunity or chance for you to make money or profits on longer runs.Although its not really that an assured thing but at least you do know that something behind you could be having

other sources when it comes to money and make yourself not able to struggle if you are really in indeed of money. Cant really deny that having real estates or property which does generate income
does really give out that kind of opportunity to make money in passive way but we know that having various sources doesnt matter if its digital or physical then you should
really be having as much as possible.
hero member
Activity: 910
Merit: 789
Surely this depends on the place of property, I also bought property in an area that looks good, but when I want to sell the house at this time, the offer from the buyer is lower than I bought 4 years ago, the house certainly has its own risk because there are many factors influence, and I suggest to invest other than home.
Houses also have models that vary greatly each year, so when a model house that was built four years ago is being sold again this year in a condition that is still usable, there is clearly a slightly lower price offer because buyers may also sell it again at a lower price. the more expensive one after revamping it to a newer model. Or it could be for his own place to live in this world, so he asks for a slightly cheaper price than what you bought before.

I think you're one of those that just prefers what you can see. You're limited that way. None of them is bs. They're all investment. So if you choose one over the other it doesn't mean the others a bs. Have an open mind to things that's the only way you can learn about things you don't understand.
What you say may have some truth to it, because when a person is limited by the things he can see for investment opportunities. So he will not invest in things that are not visible or that cannot be seen by other people against his investment assets. And usually such people are very afraid of investing in assets like Bitcoin so they will tend to choose assets that are clearly visible such as land and property or housing.
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