Topic: My view of wealth and assets specially now (Read 723 times)

If a low invester cannot invest in real estate, we can say that he can't even invest in Bitcoin, because at this time the price of bitcoin is also high.Small capital can buy some part of Bitcoin but can't get good profit in it.Good profits can only you get, if you have a good investment. Never think of the low capital that Bitcoin will give you a good profit.

Bitcoin's investment may be risky, but not as much as people think, if investing wisely, the fear of loss may be very low. I don't think that if someone invests in gold than Bitcoin can make more profit. The risk is everywhere. No one can say there is no risk in gold investment.Real estate, gold and bitcoin are all good investments, but the most important thing is this, whoever has experience wherever he should invest there, if you don't have bitcoin investment experience, So there may be loss instead of getting good profit.

It's true, that real estate and property are good investments, but when you are someone who only has small capital, you won't be able to buy a property or real estate in a strategic location, for that reason i look more at volatile assets that can give you good profits with small capital like bitcoin when you invest in bitcoin, you can have the opportunity to double the value in the next few years, but if you don't really like risk, investing in gold is also a good choice because gold is popular, which are very plentiful and easy to sell, but consider investing in bitcoin because as long as you don't sell your bitcoin then the chance of the value of the money you invest in bitcoin increasing is large.

and that means, as much as possible, better to diversify your portfolio if you have the financial means to do so. with diversification, you can get the advantages of having those varied assets. as many people are still not familiar with the crypto market, they will only explore their opportunities to the familiar markets like real-estate and gold.

and when you talk about having debts just to buy certain investment. that is indeed very risky because you have good assurance that there will be positive outcome to such investments. otherwise, you are digging your own grave to debts.

Gold and BTC are good for investment in my view because gold has been around since the old times and is a standard of currency while BTC is a new one but gained much trust and popularity among people and always increases its price after halving. You are right real state is working on a debt but do you what the businessman says about the real state, they declared the real state the future investment.
People from ancient times preferred two things for investment:gold and second is real estate once you find a good and good location the price will be double and triple. But BTC is another asset that gains popularity day by day and people prefer BTC instead of gold and real estate it's a little bit risky but this is the risk that allows you to get rich if you lose will not come back.

That's why we are required to be smarter and wiser in sorting and choosing the type of investment we will choose, as well as the type of coin we will buy, if we intend to invest our money in crypto or bitcoin. And if we don't understand enough about this type of investment, it is better for us to choose to invest in a type of investment that is quite easy for us to understand, even though the profits are quite small. Investing in crypto or bitcoin is indeed a promising type of investment for us to be able to get quite large profits, but if we don't really understand it, then this will be quite risky and we could lose quite a large amount of money. And quite a few people are quite interested in crypto and bitcoin... where they see someone who gets big profits from the crypto investments they make, so this becomes a motivation for them to do the same thing and hope they can get the same profits too. . But he forgets that there is a process that he has to go through, and there is a science that he has to master first.

Debt is not in any way a positive thing because it drags people down when not appropriately used. Debt is just a gap you need to fill when in need, to be repaid with interest. It can be positive when properly used. Research has it that wealthy people borrow for business and investment purposes, as a matter of fact, many has become rich and wealthy with proper use of borrowed money. I know guys that have borrowed money from Financial Institutions for real estate investments that are really doing well in Nigeria. In summary, it depends on debt usability.

There is nothing in life without its merits and demerits, i prefer liquidity to all though

You're right there. If the real estate you buy is an investment and, after a few years, the place you bought it is developed, it's a good opportunity to build a business, especially since the one you bought is on a commercial lot. You can say it's a winner and you will be there in the future.

That's the beauty of real estate investment. Then you add more investment to the cryptocurrency business, and Bitcoin is a double-bladed profit you will harvest for sure in the end.

To bring up another line of investment apart from bitcoin and real estate, one can still consider agriculture as one of the best investments someone could also add with bitcoin and Real Estate. When you talk of agricultural produce, you speak of daily demand and consumption.
Agriculture produce is another business that guarantees steady cash flow in the family and community at large if well-planned or established.

Before investing in Bitcoin, certain things need to be understood at what purpose of wanting to buy Bitcoin. Buying Bitcoin as a store of value, one should note he may not get Bitcoin at the same price he invested, it is either low or higher. If it is lower then he needs it at that moment he has no option either to wait till the price appreciates or sell, selling at that point is taking a loss.
I suggest that instead of using Bitcoin mainly as a store of value it will not be proficient as using Gold. Bitcoin should be most likely used for investment and payment for services.

Real Estate can also be used for businesses that can provide passive income for us in the future. Which will enable us to achieve financial stability or even financial freedom. It depends on the idea and how we make good use of it. But what is certain is that real estate apart from the price continues to increase from time to time. And also Real Estate can be a source of passive income for us.

But the problem is that real estate is currently expensive. A large amount of money is needed in this case. But we should not force ourselves to enter a field that we are not yet capable of entering. But if you are patient and collect a lot of money. So one day we will definitely be successful in buying Real Estate if we continue to consistently collect money and make money for it.

I agree that gold is a lot better and I think that bitcoin is much better than anything we have seen, much better than fiat obviously and the banking system there is not even a slight doubt about that, but I think it is better than gold as well, it's much better option. I believe that the best thing to invest , the best asset in the world, is bitcoin and we should keep investing into that.

I agree that it is not going to be all that easy to handle it any way possible, because bitcoin is a volatile currency as well so we need to realize that we may have to hold it during bad times and psychologically that's a very troubled thing, it is not easy at all. However, if we can endure those periods then I am sure that everyone would agree that it's the best thing to invest into without a doubt.

If the reason for you to think that real estate is a good investment is because you can pass it to your children as inheritance, then I want you to also know that bitcoin investment can be pass to your children too, if you teach them bitcoin and make them to know you holding pass phrase or seed phrase they can still sell it anytime they deem it necessary, I want you to also understand that both bitcoin and real estate has their own importance, from time to time you have to do renovation in your house to meetup with the present standard that will attract individuals but in bitcoin what you need is to use a good wallet to safeguard your investment, am not saying that real estate is not a good investment, am just saying that bitcoin and real estate be it housing or land are excellent type of investment.

OP, you are missing facts, or you are less informed about facts, or perhaps you don't know much about investments. Fine, you might want easy money, and such that you can be controlled electronically, but that doesn't mean you should undermine the importance of real estate and physical properties and investments. Bitcoin and Gold are good, but that is if you are smart with them because as they can earn more for you, they can make you lose too. Also, I want you to know that these assets have their on and off seasons, so it is not all the time you will be gaining from them unless you are a trader who can be earning from them in every one of the seasons. Imagine waiting for about 3 years before you can earn again from Bitcoin. This means you are wasting a lot of time.

In light of this, I believe that you can still be smart to invest in real estate or/and other physical investments during the off-season of these assets. This will amount to making more money for you instead of either leaving the money in them (the assets) and letting them continue to depreciate during the off-season, or moving the money to a fixed USD or USD-related stablecoins that will earn you nothing. Aside from that, it is good to diversify your portfolio, everything can't be wisely done only online, which is too risky. What if anything unplanned happens? Even this online business does not work for everyone, and you should not let the joy of the moment (if you are making money from it now) cloud your entire investment's judgment and plans because what happens now might not happen in the near future. But good plans and diversification might be the answer to cover up for you during the unforeseeable times of uncertainty.

I can understand if a lot of people will choose to have real-estate in their assets because that's a tangible asset that has benefits for the entire family.
Crypto and other volatile assets are great to possess, but not all people are equip to handle this market.

Although real estate investment has the advantages you mentioned, it has the disadvantage of not providing as much profit as other options especially in the long term. Of course, it is possible to obtain high returns by investing in real estate at a bargain price or in an area that hasn't yet been valued but this isn't always an opportunity and in some cases it can give good results as a long-term investment. Of course, the advantages of investing in real estate such as renting or living in a house or land make this option attractive but I don't think it is a logical option to constantly grow the existing savings. Being able to pass on these investments to our future generations as an inheritance is certainly an important advantage but we can also pass on options such as crypto or commodity investment to future generations.

The reasons why I don't prefer real estate investment especially in the long term, are that it requires high capital and if the rental option is used the rental income amortizes the investment in a very long time.

If we store wealth in the form of paper money, then every year we will lose money. because paper money always experiences changes in exchange rates. And if we just want to maintain your wealth, then save your wealth in the form of gold, or in the form of currency, which is really stable. However, if you want to increase the wealth we have, then investing is the solution. And it is true that when we want to invest in other things such as real estate, we will be required to have quite a large amount of capital, and sometimes this is what makes some people confused when they want to start investing, they want to start but don't have enough capital. And with the presence of crypto and bitcoin, this should be a solution for those who want to start investing with minimal capital. but due to a lack of literacy and information, it turns out that there are still many people who don't know and understand what crypto is, what bitcoin is and what trading is.

In other words investing in Real Estate is not for everyone, only for those who have a lot of money. It must be admitted that real estate investment does have good prospects for our finances in the future, but the problem is that not everyone can do it, because not everyone has a lot of money.

In stark contrast to Bitcoin, gold can still be reached by all groups by investing using the DCA strategy, we can use as much money as we can afford and the profits we get in the future are higher than real estate. It is true, Bitcoin has very high risks, but this can be minimized by seeking more knowledge about Bitcoin.

Well, real estate is a good investment for me if you are capable of buying any of the lots available. Although it is not cheap because we are talking about land, It may not be a good investment for others, but most still believe that it is still a good investment because, as time goes on, the value increases.

So I don't see any loss in real estate investment, to be honest, because it decreases in value with each passing year. Unlike cryptocurrency, bitcoin is very volatile, which will increase and decrease the price value in the market. Although it is possible to earn here in crypto every day, and that depends on the idea or knowledge you have here, if your knowledge is only superficial, you will not achieve the profit you want to get.

I agree with you, and in my opinion there are two points of view when it comes to debt. where there are those who think it is bad and there are those who respond well, but as you said, it all depends on the person, if they have a good mindset, I think they are in debt for their own sake and it will produce profits later as you explained, and this is not a problem if they take out loans for good things, because just like someone who wants to start a business and is sure that it will grow and make a profit later but he doesn't have enough capital or money to start the business, then in my opinion he There is no harm in taking out a loan because the loan will be used for something positive and good for the future.

different from people who think that the act of taking a loan is bad, it is likely that they will think that someone who takes out a loan is someone who has bad thoughts, even though people are not always like that, because in my opinion someone who has a good mindset of course wants positive change. , therefore he took out a loan to start a business or something else. Regarding debt, in my opinion, this is just a different perspective for each person. and my advice is don't listen to other people who want to bring us down, if we do positive things for the future it won't be a problem.