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Topic: Real estate vs cryptocurrencies vs business - page 7. (Read 2892 times)

member
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      In the situation of my life now that I am a single Dad and cryptocurrency is all I can do as a source of cryptocurrency and doing a small business here in the place where I live. Although somehow this crypto trading also helps me somehow.

     but in fairness, those three are really good investments, real estate, crypto and business, there's no denying that.. But what you can do should be there first and don't force what you can't do right now.
hero member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
Why do you immediately judge yourself that you will not be successful in the business sector? In fact, everyone who tries persistently and consistently in the business sector will find success even though they have to go through failure many times. Because for everyone who wants to try a business and wants to be successful through that business, they can also see other people's experiences as a very important lesson, for example, the pain a person experiences when they fail in a business and that means we don't have to fail so we can feel the pain. Because we already know first through other people's experiences.

If the priority is long-term storage with low risk, real estate can be the best choice for stable passive income. People who own a business and have been successful in business can buy real estate and also save their money in the form of crypto assets. Not everyone is successful in business, maybe for that reason some people don't like doing business. However, if you survey several people who have wealth above the average, the majority of their main income comes from doing business.
The large number of successful people through business has become a mature consideration for everyone that a business can still be chosen as the best option to make as much money as possible. Although in the end this money will also be taken into real estate and also into assets that can be held in the long term, for example Bitcoin, gold and land. This means that business is still the thing most people look at apart from cryptocurrency, which can also be used as a pretty good and quite promising investment.
sr. member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
This idea of yours will never be possible because no one will pay you half a million dollars, and your strange plan will not work. If a person is paid a large amount of money he will certainly say some strange things that are tempting, but he will not have a permanent thought for the future. But if I make a plan like yours it will be the biggest mistake of my life. Because if I have a lot of money then of course I will spend money first in business so that I can get good profit from it in future. And then save the real estate that my future generations will be able to enjoy and be financially sound. And when I am full of money then I will think of investing, I will invest the amount of money that I can afford to lose. Because cryptocurrency conscience is always risky so if you have savings you should invest with that money. But if you have the money, it is better to buy the essentials and keep them. But the smartest thing to do instead is to build a business so that my future generations can prosper from this business.
legendary
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Talking about which one better between "real estate vs cryptocurrency" depending preference of our skill have good controlling when try investing in real estate or not? its difference from cryptocurrency investment when trying with real estate or other business have important about knowledge and skill as first important thing. If can't handle well with business and lack knowledge about real estate investment better make cryptocurrencies for investment assets in the future.
Its not bad ideas when trying with all investment kinds, but depend on manage well or not with real business such as real estate or property need more information exactly in the future will this location as our real estate investment have values later or not worth yet in the future.
Investing; it's a heavy term, no? We're comparing real estate and cryptocurrency, two very distinct fields. Real estate requires knowledge and talent, as you say. This field requires knowledge of markets, geography, and property values. Is cryptocurrency really easier for real estate novices?

Despite its simplicity, cryptocurrency is risky. Bitcoin, Ethereum, and other cryptocurrencies face market volatility, legislative changes, and technological weaknesses. Does that make them safer for beginners? Not necessarily. Real estate and cryptocurrency require deep understanding to navigate. Could cryptocurrency investment's seeming simplicity hide its hazards and complexities?

Investing is never uniform. Understanding the nuances of your field (real estate or cryptocurrency) is key. Is it about learning and investing carefully in an area, or about choosing the lesser of two complexities?
hero member
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Talking about which one better between "real estate vs cryptocurrency" depending preference of our skill have good controlling when try investing in real estate or not? its difference from cryptocurrency investment when trying with real estate or other business have important about knowledge and skill as first important thing. If can't handle well with business and lack knowledge about real estate investment better make cryptocurrencies for investment assets in the future.
Its not bad ideas when trying with all investment kinds, but depend on manage well or not with real business such as real estate or property need more information exactly in the future will this location as our real estate investment have values later or not worth yet in the future.
sr. member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
I agree with the points you convey, in business there are many things that must be researched or done by someone to start a business, they must have a mature concept, create a product that is in great demand by lower and middle class people, and running it is full of challenges and extra patience. Indeed, in business, daily income is uncertain and many people give up and give up their intention to do business.

Well, we all have different preference to investment. But actually if you can't handle business as if all the task are given to you as a owner, I think franchise would also do good. All you really need is capital, but when it comes to business I have seen a lot literally failed cause imagine you've opened up a store that doesn't even have sales for months right. Plus the inflation rate could badly affect business unlike other investment. It's really complicated if you don't have the knowledge and the experience even for the other options for investment, you'll just have to choose that are suitable for you.
full member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
You can earn passive income by buying 1 or more McDonald's, KFC or other franchise outlets. And you can also use other money to invest in crypto and gold. That will provide huge benefits in the future. But if you don't like business, you can choose to invest in crypto and gold with a capital of half a million dollars.

Or you can use half of that money just to invest in crypto by buying Bitcoin. That will give you a big profit in the future, especially when the Bitcoin price surges higher.
sr. member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
I agree with the points you convey, in business there are many things that must be researched or done by someone to start a business, they must have a mature concept, create a product that is in great demand by lower and middle class people, and running it is full of challenges and extra patience. Indeed, in business, daily income is uncertain and many people give up and give up their intention to do business.
legendary
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I think you are right about Bitcoin, but regarding real estate I would rather disagree with you. Please read my posts above. Real estate is not something that for certain will retain its price in the future. You can google "what is the safest investment" and "real estate" will not be in the top 10 even. True, Bitcoin will not be there either, but most of us here are more experienced in Bitcoin market fluctuations than that of real estate, so I think we know more what expect from BTC than from many other so-called "low-risk investments".
We want to think that we know what to expect from Bitcoin, but imagine if the price now drops to 10k and remains at this level for several years, how much will this affect our investments, real estate in this regard seems more stable, and may lose value more than 70% of its value only in extreme cases, but real estate does not have the same profitability as Bitcoin. Each case must be considered separately.
hero member
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Every form of investment has its merits and demerits. The decision comes down to personal choice; some people think that cryptocurrency is a risky investment because of its volatility while starting a business or a real estate investment is a better option. It is better to do your research before making a final decision.

Real estate is a good option if you have a huge upfront investment amount because property is very expensive around the world. This kind of investment has the advantage that the value increases with every passing day and generates passive income throughout a person's life. Business, on the other hand, can be started with a small investment, and the opportunity to earn profit is huge. You also have control over decision-making, but significant risk is involved in entrepreneurship and startups.
Cryptocurrency is a risky venture, but the profit margin and ROI are exceptional, and you can earn huge profits in a short time span. Crypto diversification is also an edge. The major concern regarding crypto investment is its speculative nature, high volatility and regulatory issues.
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
You know what your strengths are and those good choices to make. If you ever get to that point that you've got bunch of money and you don't know yet what to do, you just have to determine what are you good at.
If you're not good with businesses, there are assets and investments that you can choose and those are what you've mentioned. Real estate is like for everybody but not all of us can afford that.
sr. member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
If the priority is long-term storage with low risk, real estate can be the best choice for stable passive income. People who own a business and have been successful in business can buy real estate and also save their money in the form of crypto assets. Not everyone is successful in business, maybe for that reason some people don't like doing business. However, if you survey several people who have wealth above the average, the majority of their main income comes from doing business.
sr. member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
It seems that most of us are choosing Real Estate as a priority. Because only Real Estate has a lower risk compared to Crypto and Business.

Crypto and Business both actually have the same high risk. But I personally also prefer crypto to a business. Because Business requires more work and research before starting. And if we don't have any skills to build a business, it will take a lot of time for us to start a business. Because we have to study first to determine what business we will enter. And that's not an easy thing.

Meanwhile, I think learning crypto is much easier. Even though it's still just as difficult. But it doesn't take a long time to learn it. So Real Estate and Crypto are the two best options for me too. I am also interested in business. But I feel that business during an economic crisis will be more at risk.
sr. member
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If I would be given a chance to have a capital of half a million dollars, I would literally choose real estate for a passive stable income, cryptocurrency for long term hodling purposes, precious stones and jewelries, rare gold and silver coins. I don't like businesses myself because it won't work for me.
sr. member
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In my opinion, real estate is the safest type of investment, because it is safest, of course the potential profit takes a long time, and currently I prefer to invest in Bitcoin because of the potential profit that can reach 100% or even more in a year.
I am involved with Bitcoin now and I have a lot of investment in Bitcoin but still my dream is to have a big business. I have a dream that big business will bring my name and that business that I can spread all over my country because I don't have the mindset of working under someone else. A big business I will build in the future and if I get success in that business then I will not limit myself to just one business I will try to build multiple businesses as well as I will have an investment in Bitcoin. My first dream has come true, to have investment in Bitcoin It was my first dream whatever you have come true and in the future I will only increase my investment in Bitcoin with more money but before that I will definitely start a business.
In my opinion business should be given the highest priority among these three.
legendary
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In my opinion, real estate is the safest type of investment, because it is safest, of course the potential profit takes a long time, and currently I prefer to invest in Bitcoin because of the potential profit that can reach 100% or even more in a year.

I think you are right about Bitcoin, but regarding real estate I would rather disagree with you. Please read my posts above. Real estate is not something that for certain will retain its price in the future. You can google "what is the safest investment" and "real estate" will not be in the top 10 even. True, Bitcoin will not be there either, but most of us here are more experienced in Bitcoin market fluctuations than that of real estate, so I think we know more what expect from BTC than from many other so-called "low-risk investments".
hero member
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In my opinion, real estate is the safest type of investment, because it is safest, of course the potential profit takes a long time, and currently I prefer to invest in Bitcoin because of the potential profit that can reach 100% or even more in a year.
In essence, each person will choose an investment that suits their own beliefs so that consideration of security and profit aspects will be the first benchmark for every investor. Because if you want an investment with the potential for greater profits, you also have to be prepared for the level of risk involved in that investment. Likewise with safe investments, where you also have to be patient with the small level of profit through the investment, so it all depends on each individual's desires and tastes in carrying out investments.
sr. member
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In my opinion, real estate is the safest type of investment, because it is safest, of course the potential profit takes a long time, and currently I prefer to invest in Bitcoin because of the potential profit that can reach 100% or even more in a year.
hero member
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I don't agree with those people who says that if they enter into the profitable business then their recompense will be 100% certain but it also be conditional on your management that how you take this business and how you manage the difficulties comes in you ways.
That's so true, there are businessmen who are starting out and think that they can easily copy the strategy of others who have been successful in the business. It is not how it goes in the world of business. Whatever worked for the other businessmen might not work for you and vice versa for your work ethic and how you've been working hard on your business as soon as it's established. We've got different journeys on the path that we're doing business and a very rare situation when a starter becomes successful with what he's done. But it also varies based on what you've said about the management. Some may not go well at the start but never give up on what they have started. And if you believe that there is a good result to what you're doing for that business you started, never let failure pull you down.
hero member
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Do you need that much wall of text to explain such a simple thing? Why are you posting bogus answers? I did not see any going point in your post. You are agreeing with something, and counter questioning your point of view in another line. Basically, you are adding more and more lines explaining nothing. We are talking about three business options here.

If you cannot add something new from your perspective, do not write shit that does not make any sense. I did not understand what you wanted to say in your post. If you do not believe me, ask others in this thread.
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