Topic: What's on your mind - page 2. (Read 232 times)

Building a hotel should be more expensive than buying bitcoin, building a hotel should be more time consuming than buying Bitcoin. And most importantly building a hotel should not stop you from buying Bitcoin. Building a hotel is a business for me and I can not compare it to investing in Bitcoin. If I only had the option of choosing among the two, I will go for buying Bitcoin because Bitcoin will be less easy to maintain and people would not know that I own Bitcoin unlike when I own a hotel. Bitcoin is going to give me more profits and I can buy as many Bitcoin with the same amount of money that I wanted to used to build the hotel. Bitcoin is the future and it can not get devalued unlike the hotel that can go out style for some visitors and unless I renovated the hotel, it might not be getting business anymore.

Before entering into an investment you must need to know if you are already committed on it because let's say you want to be in a real estate but of course you don't have time and you don't want to learn this kind of thing at all the thing right here is the commitment if you would like to make an investment to a thing you must need to give all of your effort at least because you risk your money right here and you don't want to lose this at all make sure you want to do that particular thing so you have no pressure for your commitment.
Tons of investment right there could be but not as always it's the right for us.

If i do have the money or financial capacity then i would definitely be considering both things. I would be investing on real estates on which we know that it could potentially give out that passive income but of course there would really be factors on which needed up that consideration specially on where those properties been located. Profitability will really that matter the most with that crucial aspect because properties which is placed into those rural areas in compared into those urban areas specially on commercial locations on which we know that you could be able to say that your property is really that well placed.
This is why buying up will really be not just that just easy without having these kind of factor considerations. We do know that when it comes to investment aspect then the more the better
but the main issue we do really have is on the capital that we would really be using up. We do know that real estate business or investment doesnt come cheap and thats why only
people does have that financial capacity. This is where other investment options kicks in and this one includes Bitcoin of course and others which are something that could be deal up even with lesser money
or capital that you could make use.

In my region, hotel business is a highly lucrative business so at that if I am to go into and investment I will definitely like to own a hotel and in that hotel Bitcoin can be acceptable as means of booking the rooms and other facilities of the hotel, this way I make money while still investing indirectly into Bitcoin and at the end I will be using one stone to kill two birds.

Because with that, I have a hotel and at the same time also investing in Bitcoin from the proceeds of the hotel, this can be the most helpful and clean way to attend to this case here.

Knowledge is power and instead choosing one among the two option one can end up picking both since both can go together.

I won’t really fancy anything that’ll have a recurring cost even after I’ve spent a lot of money to start it up. Hotel is a good investment because it gives passive income faster than investing in bitcoin and holding on to those positions until they’re rich enough to take your profits. With recurring cost, it may take me more time, several years later to get the profit I must have accumulated on bitcoin over a shorter period of time when compared to that of an hotel investment. I’ll gladly go for bitcoin if I’m to chose amongst the two options to use for an investment purpose.

Personally I don't like hotel business for various reasons. Both the hotel and Bitcoin is really good investment options, but I won't trade Bitcoin for hotel. I will rather invest in Bitcoin and maintain a low profile while my Bitcoin keeps appreciating year upon year. With hotel, you have to go through many paperworks and need a competent hand to manage it for you and you also have to worry about your competitors, so that you won't be outsmart out of the business. But in Bitcoin you will have rest of mind provided your investment is for the long term. You won't worry about competition as Bitcoin have no competition out there. Bitcoin is Bitcoin, as more people keeps adopting it and Bitcoin going mainstream, you stand a better chance of making huge profits. Every year more hotels are being built and the competition gets tougher, you won't be getting same number of customers as people will start shifting to the newly built hotels that keeps coming up. As time goes on your hotel will eventually become old fashion, but that can't happen with Bitcoin. That's why it best to invest in Bitcoin than hotel.

Building a hotel, managing a real estate and a business is more complicated than investing your money in Bitcoin. The first investment contains many things to do, maintenance cost, and human cost to run your business and economics, politics can affect your business revenue too.

With Bitcoin, you can avoid many unnecessary risky cost and it helps you to minimize risk, maximize profit, and you also won't have to do it with a lot of pressure like managing your hotel business. Real estate can be damaged physically with time but Bitcoin won't be, 1 bitcoin will be always 1 bitcoin, in your secure non custodial wallet.

Are you saying that you have enough money to build a hotel on your own?

Or maybe you are "asking for a friend?" LOL!

Both Bitcoin and a hotel are good investment choice for someone who already wealthy, most especially Bitcoin because a wealthy person won't have need for the money he invested in Bitcoin any moment or soon, so he will be able wait for the long term profits that accumulate over time.


Hotel is also a good investment but if I have to choose one among the two, I will gladly choose Bitcoin over a hotel, because with Bitcoin I can avoid paying tax and also cost of maintenance of the hotel.

bitcoin or property..
well

when you buy property like a hotel, usually its not just buy now sell later and profit..
when you buy property usually you then have to renovate it, do repairs. and ofcourse there is all the costs of the legal paperwork to transfer ownership, insurances, inspections, buying/updating liquor licences, etc, etc

so buying a $2m hotel or $2m of bitcoin.. the hotel ends up costing you alot more then $2m in the first 6 months
however bitcoin does not have ongoing costs

with a hotel, even during the renovation process you are not making money, instead you are paying out money, you even have to pay out town council/state property taxes even if its not making any income
then you have to spend money recruiting staff training them and getting them ready to serve the first customer of the year

where as, with bitcoin if you buy on a dip where the price is near this 2nd half of years low, then the profitability of bitcoin can soon show

much is the same with property like a hotel. if you buy it at a discount compared to valuation then profitability can show, should you want to flip the property over to a new owner. however most businesses dont sell property at value so good luck buying a cheap property on a dip.

the only way to break even and profit from a hotel is if its location is in a tourist area that will get consistent occupancy and in a desired area you can charge a premium per room to cover all your ongoing costs, so good luck in your search.. or take the easier option which is bitcoin, which has less things to worry about on a long term bases

I'm not an investment expert, so my opinion wouldn't matter much. This is the reason why I avoid giving financial advice to anyone. However, I can throw my two cents about the matter and what I think of the two investments you have mentioned.

First of all, the two things you have mentioned are different by nature. A hotel is a business that you start from scratch, its success will depend on how much you understand the niche and how you manage and maintain your business in the long run. The initial few years will be very crucial because that is the time when your business will either blossom or start dying off.

Bitcoin and cryptocurrencies are investments that are completely different from business. You use your money to buy some Bitcoin, you hope that its price goes up so that you can sell what you have bought earlier and get some profit. You don't have to have an extremely large budget for this unlike starting a hotel business where you will need to buy or rent a place, pay for electricity, hire employees, etc.

Finally, you need to keep in mind that it's easier and quicker to liquidate an investment but the same can't be the case with a business. If you buy 1 Bitcoin today, the price goes up $2,000 from where you bought it, you can sell your Bitcoin immediately and get the profit. You can't do that with a hotel, can you?

These are just a few points. There are a lot of things one needs to consider before one concludes what one needs to do with their hard-earned money. 

As an investor who is eager to diversify his wealth to other areas what do you think about this, Building a hotel as means of investment or buying a bitcoins for a long term investment. If you are to choose among this options, which will you choose base on your personal view of things.
Share your idea and Help someone to think right.