Topic: Real estate vs cryptocurrencies vs business - page 22. (Read 2892 times)

You just said half a million; I really don't know if you are referring to half a million dollars, my local currency, or in ERU. But not withstanding, if it's in my local currency, half a million naira cannot even buy you a good apartment; it cannot even start a very good standard business; and even half a million naira cannot pay a full shop rent for one year. In that case, I will just invest all the money in cryptocurrency and maybe only keep 10% for personal use.

If the half a million is in dollars, then It can do at least almost all three things you have described. $300k can buy me a good two different apartments that I can put out for rent, then I can still buy Bitcoin with $100k, use $80k to start a cool furniture company or a Big grocery shopping centre, and lastly, I can just have the $20k as a reserve. Although there are still some cities in my country where you can get a luxury house for that $500k, I wouldn't go for such a place; I would just go for a middle class places, ow because it's going to allow me to spread the money across all the three investments, and I can still generate a huge profit in the future that might give me access to acquiring the big Luxury house.

My choice will be Business at the first place, followed by cryptocurrency and the last will be on real estate. When we're into business we'll be much concentrated and we can grow ourselves. Here the work we do for some time period will keep our business going good for long term.

Cryptocurrency is highly volatile, however I've enjoyed the goodness and the market crash. This lets me do the best and make some earning out of it than relying over it completely.

Real estate is kind of business where we'll be able to make good profit in the short term. However the market depends upon the growth surrounding the property. This makes real estate an unpredictable market bearer and a riskier one.

Let's imagine that you have half a million US-Dollar/Euro/GBP and want to feel financially safe and build a better future.
1. Real estate - It's probably one of the safest investment option out there. Inflation rises, rent and apartment prices rise too, if inflation turns into deflation, your rent/apartment price still remains the same. With half a million, you can buy two or more good apartments in eastern Europe and live on your rent income.

2. Cryptocurrencies are very volatile but rewarding. If you have a discipline and don't let your emotions take control over your decisions, then you can probably grow your capital by 200-500% a year. At least I think so, I think that's possible if one spends most of his time on exchanges and if necessary, spends some nights. So, crypto is very volatile and rewarding but another problem here is that you are dependent on exchanges, what will you do if they don't let you withdraw? Another problem is that you have to take care of your coins because once they are gone, they are gone forever.

3. Business - It's like an income generated by Proof Of Work algorithm. Depends on the business and the person, one can achieve a huge financial success and influence or a total failure. But a big and successful business can outperform real estate and crypto investments. To my mind, proof of work is the only thing that can deal with absolutely any kind of financial crisis and disasters.

Which one would you choose from these and why?

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