Topic: Real estate vs cryptocurrencies vs business - page 15. (Read 2875 times)

If you put all 3 on the scale and evaluate, each has its own advantages and disadvantages. There is no such thing as the best because they are just tools for us to use to make money. The creation of more or less money depends on the intelligence and ability of each person, not on assets. For example, many people fail in business but also many people become wealthy through business, and that also applies to cryptocurrencies and real estate.

But as I said, in all 3 areas, cryptocurrency (bitcoin) is the most accessible and most suitable for us. Since we can invest the minimum amount of capital we have, it does not require a large amount of capital like real estate or business. The best property or sector is the one that suits us best, if we don't have money to invest in real estate or business, is it still good for us?

Exactly. And that is unfortunately something that many fail to either realize or they're just not aware of it. Land location is the core of high-cost investment for real estate. The better the location, the higher the profit. It is a common sense thing as no one will be likely to invest in a property that is in a bad location. Hence, you have to have the resources to find good land locations if you want to lock a good deal.

True, that's why only the rich corporations are able to do that unless you're someone who's focused in real estate and is an individual that has a lot of resources and can take a loan and mortgage favored by the banks. Otherwise, you're just going to see the corporations that are on this industry to keep on developing those good locations and they will just rinse and repeat it. Still, you can do some scouting on other locations that are not yet swarmed by properties and companies haven't developed yet.

Valid points brought forward...and a slight oversight on my part!

But I want to believe this question was phrased in such a way that it was asked to someone with the resources that was stack trying to make a decision on this...otherwise  if capital is to be factored in then this becomes an expensive investment and I believe I did mention it too

Good land locations translate in high cost of investment  which is the ugly side about real estate...

It is always obvious that if you are not careful with what you are doing, then you are going to end up losing money and that is why you should be aware how the system works in this in order to make a profit. I know crypto as well, and I can make profit with it if I have the money for it, I know when to buy and when to sell, and that is why I think investing into crypto is an easier option.

Obviously a business person who is great at business should pick business, and a real estate person or a construction person should pick that. It all depends on your expertise and out of these three I am more knowledgeable about crypto than the other two, if you know any other one better then pick that one to go ahead with for your future.

If you see from your perspective it is true that real estate has the opportunity to get a victory with stable income, but yes the main complaint is to get a strategic place we need a large capital to get a place, with a road access line to make it easier, as well as maintenance costs that needs to be released.
If we look at the big profit but it does not last long is cryptocurrency, because after all we only rely on price increases in coins so that is what makes this interesting, but we must have a long patience because the average crypto pivot in the cycle for get the benefits.

The business is indeed seasonal but this depends on your use of the season wisely to get new opportunities, a businessman must be dynamic to the ecnomy cycle and see the flow of money on economic potential, which makes it able to get profit, but this is helpful for what business is running , the reason is if we do business services or main products, of course there will always be a request that is not extinguished, such as groceries or internet network providers. In the business it depends on you set your business and take advantage of opportunities, surely you will get more profits than what Crypto and Real Estate can provide, both from fasive profits or capital returns, but it needs to be understood that in the business world it is most difficult.

Real estate business is not as easy as you think, if it is so easy, why do people flock to prime locations while remote locations seem unpopular?
Your friend may be a visionary or it's just a fluke. In my area, there are some lucky people like that, they buy cheap and suddenly resell at high price, but it doesn't often happen that way. And it can be said that it is luck rather than a strategic investment.
Investing in cheap real estate positions is no different from investing in altcoins, which are high risk but high return.

Right, it can be said that real estate is better than the other two areas in terms of safety. But it also depends on each person's circumstances to say what is the best asset for us. How do we say real estate is best when we cannot invest in it? It does not bring or create any benefits for us, so it cannot be said to be the best. Whereas bitcoin is considered a risky asset, but it gives us the opportunity to get rich with whatever capital we have. So for us, bitcoin is the best and most suitable.

Real estate of course is better, that is true. However, you forgot about the high capital needed for real estate investment. Most of the time, if you intend to have a good start in this type of investment you will have to have a high capital. Moreover, the land's location is very important as this is one of the most vital factors that investors or buyers look into before buying a property. Hence, I wouldn't say it is less stressful than the other two, unless of course you hire real estate agents to do the work for you.

I think all three mentioned here have their advantages and disadvantages,  take for example cryptocurrencies...crypto is a high risk high reward asset as its been for years,  but unfortunately of late ROI is too low and takes time for one to yield a decent profit if strategy is based on hodling, which very few of us have the patience for  

As of the other two (Real estate or Business),  let's just say Real estate here would win of we are talking in the lines of stable income if it were a rental property,  but unfortunately this one takes a long time to recoup your invested capital unless you built in a prime location where rentals are super high.

And for the last proposal which is a Business,  this one is seasonal as far as I know and the scary part of running a business is that you are exposed to so many taxes which can be very frustrating  and running a business comes with other challenges like competition,  spoilage,  theft, government policies,  obsolete etc

With the above reasons given, I think Real estate will win this race for one's peace, better mental health and ultimately  happy life.

Thats simply flipping which is really that standard to hear of but actually its not something that you could really be able to done since this one talks about capital and not all would really be having the capital on buying up some plot which they could eventually be able to resell or flip it out. Its true that it wont really be necessary on having hundreds of thousands for you to start out and if you are just that wise then you would really be having tons of ideas and plans on the time that you do have that sufficient capital of $500k which it is really that too much.Well, having more the better but not all do
able to go with the right path and instead on minding on creating a business, they would rather be spending lavishly with those liabilities which i would say that it would really be that a suicide
on later years.

Everyone who starts a new business already has the knowledge for business design to be developed, they have consulted with experienced people in the business field for proper business management and important points must be able to handle the impact of risk so that financial management can be maintained in conditions of inflation or other impacts whatever. Building a new business takes a long time, but if you consistently try without giving up, you will get business success faster than expected.

I feel like the difference between capital and so forth is a big one, but people mistake how much capital you may need. Even with just a few thousand dollars, you can start doing some real estate investment, you may wonder how you could do that, but the reality is that if you buy some plot of land out of nowhere, for just a mere few thousand dollars.

And then you end up cleaning it out, and I mean like buy something that is terrible, rocky, dirty, terrible place, and just go there and clean it yourself, hard work, get dirty. Then you could flip it for a lot more, and I mean like at least x10 more. A friend of mine bought a plot of land for 6 thousand dollars, not a ton, and he spent 6 months going there every single day and cleaning the garbage and dirt, and made it a green plot that looked amazing, sold it for 51k.

Well in my country half a million dollars is a very huge amount of money to start both Real Estate, Cryptocurrencies and other businesses, if hundred dollars go for bitcoin investments and other hundred dollars go for business then two hundred and fifty dollars go for Real Estate so these idea can bring a better profits by the end of the month or even year, moreover starting a business doesn't guarantee you well all the times because there are bad days and good day.

Like in my country now we are in a situation wereby things are getting cost because of fuel and other things so starting a business at the first time can be risky but that doesn't stop a person who is determined to bring in a good product to the market.

Half a million US dollars for me is a very large amount, well if I wish I had that much money then I would choose to build a business first.
Because I like sports, I have always had the goal of building a place for the center of various sports fields such as futsal, badminton, billiards and swimming pools and others for rent as well as selling all sports needs or accessories in there.
Why do I want to run this business because in my opinion besides running a business I can also influence or get people to actively exercise every day so I think it's a business that has good reciprocity and is mutually beneficial.
Then because my place is an industrial center or we could say there are many large factories with thousands of employees, I will continue to build several houses to rent out to the factory workers. Once I build a business and get income from renting the house then I will be calm enough to put my money in stocks and crypto.

It will depends on the person interest because interest plays an important role in the percentage of success therefore if even you put money in bitcoin as recently it is a top priority in earning field but don't take any interest to check the market situation then your selection is useless.

I think acceptance of little profit is better then dropping your money is the risky field therefore accept the little but regular earning and avoid larger but risky profit.

I will always prefer that field which is easy to understand and which does not contains any complications because complications are the reason that most of the people loss their money, experience in any field also suited well to continue your earning.

There is nothing wrong with starting a new business but it's not a fit for everyone especially who just entered that field. For someone to succeed in a business they need tons of knowledge and experience which eventually takes time that is why any business that passed more than one generation has the highest survival rate than a completely new one.

Not only business life entire is a risk and sometimes the risk is worth taking because one has to learn to take risks, to be successful, and only a few businesses are surviving this period this inflation is hitting the economy hard, and capital is another thing to consider money don't even have value anymore, so you still need enough money to start any kind of business, starting business now is just another risky thing to go into but has humans we must take risk.

Of course, if you wanted passive income, then go for real state. You just have to shell out huge money in the beginning, fix the property and have it rented and you will be set for years.

For crypto, there are a lot of ups and downs, bear and bull market, and you need to be mentally though and continue to buy and hold and wait for the next bull run to sell.

For Business, hard work of course, you have all the time in the world but you have to focus on it and how to bring more money into your business.

In short, there are a lot of challenges to be filthy rich. 

Each of the investment opportunities you listed above have their strength and their weaknesses so it'll be difficult to depend on only one. Real estate is a secure way of investing as house that you buy to rent or resell can always be sold on the market and you don't have to look for buyers yourself as real estate can sell itself and make you your money back. Business are long term investment as they will not only give you one time profits but forever income provided the business is running.

Cryptocurency is the quickest way to making money legitimately currently but it also has the disadvantage of having so many scam projects that you can get scammed easily investing in cryptocurency. If I had half a million I'll divide the money and invest in the three.