To all of the millennials here in Bitcointalk, do you also agree that Bitcoin is a much better option than gold or real estate? As much as I liked real estate, the target market is kinda tough. Unlike Bitcoin, anyone can afford to buy it, even in the form of satoshis.
Comparing the many investment alternatives, one should consider using many baskets for one's eggs and this is the proven wisdom that we should ignore at our peril. The best thing to do is to invest in real estate, gold and Bitcoin, of course. These choices have their own advantages and disadvantages so one should be careful and should be doing the due diligence before jumping to anything. I am sure the millennials are more daring compared to the past generations but this their time.
Yes, I agree that bitcoin is a much better option than gold and real estate although gold and real estate still be the most option for people who lived in out there. But if I have many bitcoin and I can sell some of bitcoin at the very highest price so I can have a lot of money, I will buy some gold and some real estate so I can have more assets as my long-term investment.
Bitcoin has been giving unbeatable profitable returns so far despite its roller-coaster ride for the past decade. Real estate and gold are more on stability and playing as the safe haven while Bitcoin is more volatile making it a risky option for people who are new to the market and has not been educated on how this new option can be working. Yes, the best thing to do is to earn as much money from Bitcoin and then use the money to invest in real estate.
You can live in a house. You can rent out your property and earn income. Bitcoin doesn't do much except sit in a wallet while you're hoping the price goes up. That's kind of how Warren Buffett feels about gold, that it doesn't generate income or perform a useful function like stocks do. Bitcoin is in the same boat IMO, and I say that even though I'm a huge supporter of it. Millennials would do well at least owning their own homes, even if it's a tiny house. lol
That's the solid advantage of real estate. Just like the real gold which you can make into jewelries, usefulness is a very important function that one should look into. Stocks can be giving dividends but we know that with Bitcoin this is not the case but of course you can use Bitcoin in trading cryptocurrencies. Maybe what is happening here is that with Bitcoin it is our basic concept of a valuable asset that is being challenged. Does Bitcoin really have a good value on its own and what are the benefits we can derive by holding them? Still, looking at the history of Bitcoin, it would be easy to surmised that its ROI is truly outstanding and can beat any other investment vehicles. In other words, Bitcoin is the best speculative tool.