Topic: Real estate vs cryptocurrencies vs business - page 21. (Read 2757 times)

When thinking realistically, for someone like me who doesn't currently possess any business ventures, the foremost option would be to delve into entrepreneurship. It appears my perspective aligns closely with yours, wherein the most steadfast source of wealth, stemming from diligent efforts, lies within the realm of business endeavors. Once an enterprise capable of generating substantial income is established, the prospect of automating its operations through the engagement of adept professionals comes into play. This, in turn, engenders passive income for the business proprietor.

Subsequently, having attained a sense of financial liberation, my secondary preference turns towards cryptocurrency. The rationale behind this inclination is rooted in my better grasp of cryptocurrency as opposed to my comprehension of the real estate domain. I coexist with a crypto-savvy community in my vicinity, and venturing into cryptocurrency investment stands out as the most accessible avenue for me to explore.

I would only consider allocating resources to real estate investment when armed with a comprehensive understanding of the property landscape and endowed with a substantial reservoir of discretionary funds. Investing in real estate necessitates a more substantial financial commitment, whereas managing half a million dollars is not presently within my optimal capacity. Therefore, it becomes imperative for me to position myself adeptly, honing the ability to handle the magnitude of such an investment, starting from modest beginnings.

Any investment contains risks, and if you say that you don’t know how long bitcoin will exist, then I can say the same about business, no one can guarantee a stable profit for a business. It is possible that real estate will stand out from this list in terms of stability, but this also requires certain conditions and it also needs to be mentioned that real estate will bring relatively less profit in relation to the money invested.

But no one bothers to divide the available capital and invest it in different directions, invest most of it in what you understand better, and invest smaller shares in more risky areas.

Success in every field is conditional on the attentiveness of a person, locale and age, in such situations age refers to the timing as with passage of time new things begins which are more valuable than previous one.

Setting a business is a wise idea but sometimes business failed due to any reason, may be due to wrong place, inadequate conduction or something else.
Cryptocurrency investment  is on top of risky investment so I don't think anyone will invest such a larger amount without knowing anything about it. Bitcoin is beneficial coin but no one knows that how long it will carry on so putting larger amounts is also full of problems in such position.

Real estate will be better as it can give you profit and as the time goes your putted money will elevates in value.

My first choice will be to buy a house in the city center where I am sure of attracting tenants. House rent in my country keeps increasing so I am sure of a steady income from the house. I will also save money because I will definitely occupy one of my houses. With this income and savings, I can buy Bitcoin that will be kept for investment.

Buying cryptocurrency will be my second option after investing in real estate. But I will have to buy and hodl only bitcoin. I don't trust the sustainability of some altcoins, so to be on the safer side, bitcoin will be my only option.

It will be the last option because I am not very skillful in managing businesses. Business needs a lot of attention. Some people think that starting and running a business is easy but statistics have shown that the majority of businesses don't survive more than four years after establishment.

But diversification of income is the pathway of earning from different streams. If I have the opportunity and knowledge, I will prefer to engage in real estate, Bitcoin, and business. Diversification of investment also helps to share and reduce risk.

Personally, I prefer to do business safely and choose less risk. In that case, I would choose real estate first. the reason is that with real estate, I can make a constant amount of money per month, and I can use this for the development of the business that I have. In addition, the price of real estate tends to increase depending on the location of the real estate you own.
After that, I will choose a business, with the results from the real estate that I have, and maybe also my job, I will support the development of the business that I have, and try to increase the real estate investment that I have. If this works, I'll put in a few percent for crypto use.
We know that a very strict rule for crypto is to use money don't change your life when you lose it. so, I'll probably use that for crypto. although the profit is not as big as if we put everything into crypto or business, I prefer to choose a risk that is not so big, but the potential profit is also big, even though it takes time.

Real estate is the safest but by no means risk free, business is not guaranteed to run smoothly all the time, cryptocurrencies are too volatile but profitable. All have certain risks and potential, why don't we diversify our assets to both minimize risk and maximize return? I will focus on the business first because that will be the passive income that helps me cover everything. Then I will consider investing in crypto and real estate, I will split both equally for my safety.

I have always loved Real Estate, because it is a stronger investment for me than cryptocurrencies are. If you disagree, do not forget that cryptocurrency, bitcoin in particular was not created for investment reasons.

If you invest in Real Estate, It is a business also, a particular kind of business that has proven to be able to make people rich with time if done well. For the steady profit from your real estate if it is a rental or huge profit from sales in like a few years time when the value of the property appreciates, You will have enough to live a comfortable life and still enough to invest.

Your second point talking about cryptocurrencies, you are simply talking about crypto trading, and that's just one of the few ways you can make money through crypto, volatility can also turn into money for you, so you are not completely right.

If you know what you are doing, every market situations in crypto space can be profitable for you, only those that sucks in trading complains about market volatility, also only those that sucks with crypto failed to understand that volatility of cryptocurrencies is where the biggest opportunities rises from.

Just be good at whatever you are doing, either real estate investment or crypto/forex trading it doesn't matter, the question is, are you good at it?

I find Bitcoin investment as the simplest of them all but we will see some people that do better at more risky way of making money online, e.g gambling and others, like I've said, whatever you are doing, just be good at it, that's all.

If I can only choose one, I would choose to build a business. I won't invest in real-estate because in my country the housing market demand has been decreasing since covid, and hasn't been recovered. Other reason is that I don't want to retire soon, I still want to do some work, doing business would be much more interesting for me. When my business started to get stable and make money, I would invest on crypto.

I'd go into business with most of that capital and the rest would be crypto. And I hope it becomes real because of the fact that I have several business plans since last year.
I see the growth of service businesses in my neighborhood which seems to be trending flat and declining as the younger generation is more attracted to online sales (mostly fast food). I'm thinking about some services that seem to have long-term prospects if I look at the needs of most of the professions in my community.

Real estate is dependent on where you're from, if you're from a country like US that has expensive real estate, it's not ideal for you to do real estate since not a lot of demand for such an expensive lands, but if you can find a country that has a cheap real estate and you know you can make money out of it then you can probably consider real estate. Consider also the tourism, population and security of the place that you want to start your real estate as they can decide if your lands will grow in value or not.

Cryptocurrency is volatile, so it's not an advisable way to make money, think of making money with crypto like you're a fledgling writer, you can't make money yet with writing so you have some main job so you can support yourself. If I have the money, I wouldn't put it all in, and won't even risk in other token.

Business is a good way to make money although you have to consider the capital and all throughout the life of your business, you have to keep track of how you make the money which isn't for me. This would be my first choice if I have the money but starting from scratch and being a manager is tedious for me.

if I have a lot of money, of course the real estate sector is the main choice for investing, on the other hand by owning property we can also rent it out, so it is safe to invest and generate passive income. the second is that cryptocurrency has a greater risk because of its fluctuations, but if we know how to handle it, of course it will be profitable, but we can't take it every time we want, because we have to consider the market that is happening. while in the business world we must know it in detail, because if not it will be useless considering the capital we spend

Real estate is still one of the best investments for now, because neither inflation nor recession will affect the rental value of the real estate we have. Cryptocurrency is indeed quite volatile and difficult to predict, but when it comes to crypto, I am more interested in investing in bitcoin as a financial hedge plan that we have. Business can be developed if someone has skills and a wide network because when building a small business, the return will be much smaller compared to being involved in real estate or investing in bitcoin.

For me the three investment models that you mentioned have more potential to be carried out more primarily and simultaneously in points 1 or 2. Talk about accuracy that can be utilized easily without having to do some complications such as developing a business that requires special skills and takes more time to focus on developing it and I'm sure everyone will choose something different according to their interests and abilities.

Investing in real estate depends on the location and the environment,and I wouldn't invest in it because if it is not rented,there will be no income and when the property gets old,you will use some money to renovate it. The facts is that anything building needs maintenance for it to meet up with the current standard. I will invest 70% on bitcoin and I wouldn't trade but I will hodli for a long period of time so that I can make a huge profit from my bitcoin investment. Why I said this is because, when you buy bitcoin,the only thing that you need to do is to learn how to keep your coins safe in a self custodian wallet by using a hard wallet and that is all. It doesn't need maintenance or going here. Then I will use 20% to into farming,so that I can be using it to survive before my bitcoin investment get matured to the level that I want before selling.

You put it very well when you said that real estate can be a good business. But inflation and deflation don't always cause rent prices to change in a predictable way. With the way the economy works in Eastern Europe, that amount of money could get you two or maybe even three homes. When you own a piece of land, it's like having a real piece of the earth. You're excited about cryptocurrencies, but the 200–500% growth might not match up with the nights you spend on markets. Spending nights doesn't have anything to do with getting money. It's like watching the sun set and rise, but in terms of money. Your similarity to Proof of Work is both interesting and a bit vague. Business success may seem like proof of work, but a business isn't exactly a formula, and it still needs to be worked out. Using proof of work to deal with a financial problem is like putting a round peg in a square hole, but it does make some sense.

Personally, I'd lean towards business or cryptocurrencies, or combine both of them

I will put Business first, with abundant financial support, I can easily develop a business based on the knowledge I have in certain business areas. It is undeniable, most people have achieved success through Business long before Bitcoin came. Then the results obtained from the business can be invested in Bitcoin and partly to build Real Estate in a strategic place.
In doing business it is necessary to prioritize discipline and adequate knowledge, business trips do not always go as desired. Need to anticipate or how to overcome when the situation is not profitable, people who do business will always look for additional funding support elsewhere in order to maintain economic stability, when income in one area begins to decrease, it can still be covered from Investment and Real Estate income.

I can say what I think is the answer for all three in terms of risk, most obvious its how much you personally will use this real estate.   You dont have to care about trends in the usage for that land and building type if ultimately you are the customer and can use it and pay for it.    When people propose to own more real estate then they require or have a use for in some way then it becomes speculative, like every market you are a player maybe leveraged with liabilities and costs to running that ownership.   You then need to operate a margin to your activities in order to pay those costs and are probably vulnerable to interest rate rises, or tax changes perhaps, zone limits or could be anything the risk is elevated and needs to be reduced to call it a good investment over time.  I believe that idea would apply to all three ideas for investment.

If I had that kind of money my first choice would be Real estate. Buy it or build it and rent it out to other people and well this has the potential to make me have passive income for the future. If all goes well.

For the second choice I want to choose business. But because lately business has become not easy and competition is getting tougher, so I will change my choice to adapt to the times and the current market. That is, I will choose to invest in crypto and of course bitcoin is included. Because I feel that both business and crypto have almost the same risks. what determines is whether we are ready to explore deeper insights or not before starting. Whether it's business or crypto, it would be better if we started by expanding our self-knowledge first.

Wouldn't real estate be better as a start? You can turn it into a business like a rental apartment for example if needed, which is like having a business and a real estate at the same time. Plus, it's a lot more solid and stable compared to the other two (if you choose a good plot anyway). Business is risky. But if stars aligned and you were able to somehow market your business, then it pretty much just builds up and snowballs from there. But again looking at it from the side of where you lose out, it's too much of an investment especially if you have a limited amount of funds you can use. Crypto is well... Crypto. It's highly volatile, and insane gains of 200% can bring you a lot, but you'd probably lose more at that point than you would've earned more. The good thing about crypto though is it has no starting requirement. A wallet, the know-hows of exchanges, and a bit of money can get you started in investing.

So with that money, I'd go for Real estate > crypto > business.

I have always said that the best thing to do would always be something regarding business if you can, that has been the type of thing that I always admired and looked for. I understand that it may not be that much of a big deal when the time comes, but as long as you believe in yourself and your business that would be always better. Real estate is not something I enjoy too much, I am not saying its a bad investment, depending on where you get it, it could always be a good investment. In my country, the price of houses skyrocketed like crazy, and rent did too, so maybe if people bought a house, they could have profited a lot, but during the same time bitcoin has risen x10+ so I think that's fine if you do not prefer it. This is why business is first, crypto is second and real estate is third for me.