Topic: What's on your mind - page 3. (Read 1625 times)

This is two different things, and when it comes to investment, we have them all. You, as the investor, should be the one to choose which you will be able to do and be able to take the risk that is in love with it. Because if you say or advise someone to choose a hotel over bitcoin and it ends up not favouring him, the blame will be on you for the same as bitcoin investment. So in my opinion, these are two different things.


I will choose a Bitcoin investment over building a hotel. My reason is that for you to build a hotel successfully, you need millions or thousands of dollars based on how valuable your currency is, which obviously cannot be done by someone like me that doesn’t have up to that. While investing in bitcoin, I can start with a small amount of money until I have enough money to invest a big amount of money in it, but it can’t be done in building a hotel.

But is just that the risk is something different, so anybody can choose based on the risk he can be able to take? If you have money and you can’t take the risk in bitcoin investment, you can go for the hotel, but me in bitcoin investor. 

Instead of investing my money in a hotel business I rather invest it on Bitcoin because Bitcoin is a good store of value. Building structures lose value with time but only the land still have value, although a hotel business would be better if it is in a good area that is well developed. But instead of to invest on a hotel business I suggest you should try real estate investment and Bitcoin. However, most times in business you either lose or gain, and sometimes what makes the owner of a business to lose is probably because of a poor management.

No one would be foolish enough to start a hotel business or Bitcoin investment if he had not consulted a business manager in that area who would properly guide him and teach him how to operate and the financial cost of it. In my own opinion, I say that the hotel might be more beneficial in this case. The profits generated from hotels in my country are large. If the hotel business is run properly I am certain every month the individual will be able to invest not less than $2k into Bitcoin with other expenses taken care of. Which means in two years or three years they will have a good amount of Bitcoin in their portfolio.

Different asset classes, and if you can invest in both of them, why just not invest on both of them.

Building a hotel is considered a real estate investment, and it's good as it can give you stable income or basically, passive income. Buying Bitcoins on the other hand can yield you huge returns but you need to wait for years depending on what year you bought before getting those huge returns. What I mean is that, if you bought during the mid of the bear run, you need to wait at least 2-3 years to maximize your profit while as on having a hotel, you will have income on a monthly basis. TBH, it's hard to choose which one of them, but we know that investing in real estate needs a huge amount  of capital so if you have a small amount of capital, better buy Bitcoin and hold it for long term.

Just invest on both of them if you can. That's the best choice for this one but if you can't. It will depend on how much money you're holding and willing to invest.

Building a hotel and investing in Bitcoins are not the same thing because in this case, if you build a hotel instead of Bitcoins, you will have a guarantee of regular income. Building a hotel is a guaranteed investment. After you invest here, if your hotel is fully operational, you will definitely get your regular income and your daily needs and lifestyle will be able to survive mainly depending on this hotel. If you invest in Bitcoin, there is no guarantee that you will get constant profits, but if you hold long-term after investing, you may not get profits.  But your regular income is definitely necessary because without regular income you cannot meet your daily needs.

Whatever you do, you have to take risks. If you don't take risks, you can't succeed in anything. Right now if you have money to build a hotel you don't use it to build a hotel use it for bitcoin investment it's totally up to you but risk is mandatory in everything. If you build a hotel but the position of the hotel is not good then you will not be very profitable in the hotel business and if the position of the hotel is very good then you can be very profitable. You see around you there are some hotels where business is booming. If you can build such a hotel then I will support you all the time. If you build a hotel, you can always invest part of the profit from it in Bitcoin. So I would suggest you first to build a hotel if you have a good position then you can invest some part of the profit from that in bitcoins so you can benefit from both sides.

I will not have a second thought on this case and straight main point. In my country and the environment I belong, I will choose bitcoin investment over hotel or Estate because those buildings will make to pay unnecessary tax and environmental fees. But if I invest in bitcoin for a long time and harvest it at the long run. I will make good profit without paying tax too much tax to the government and probably once. Buy if you build infrastructures to do business, you will be paying tax every year.

Though many people would choose hotel business or estate business. But the one that save for me is bitcoin investment.

What's on my mind is how crazy it is that the 4-year cycle lines up perfectly with the perfect storm seemingly every time.  Here we have FTX dumping billions on the market at a time when we've just had the halving and made it through the mtgox distribution.  It's like people orchestrate this stuff to create bubbles.  If we see the same thing here in the coming year it is going to melt faces and make people in this community crazy wealthy.  That's exciting to think about, but could it really be this simple.  Buy and sell every 4 years and not have to worry about money anymore?

Effectively running a hotel is unfavorable for investors who don't understand the niche, same applies to bitcoin. Whoever, wants to build an investment must learn the way it operates. Typically, both choices are profitable, if managed by a competent hand. The difference is maintenance, for hotels it's a must, but bitcoin need none, profits only requires time to grow.

While the increment duration is longer, the stress of managing hotel workers, makes bitcoin a better investment, based on the user's self control to hold.

I will prefer to just buy bitcoin and hold it, building a hotel from scratch is not only very expensive, you really have no way to know if this investment will produce the profits you want, so the whole thing could become a money sink that could deplete your savings for a long time, besides I also like the flexibility that bitcoin offers, as I can just move my coins to other side of the world by making a simple transaction, something not possible to do with an hotel.

This is everyone's opinion because everyone will do what will bring more money for them, for me both are a good plan, building a hotel is another way of increasing your sources of income that you will be earning every day because the customers must come to rent a room and if the hotel is well built you can earn more than what you don't even expect, investing in bitcoin is not bad because when you invest you are also expecting a profit but for me building a hotel is a better idea, the reason why I said that is because after you build the hotel you will earn money every day and you can also use the money to invest in bitcoin so be expecting a profit which means you will have a bitcoin and also have a hotel that you are earning money from.

Both are not bad but as someone who has money to invest or build a hotel I would rather build a hotel a be earning month every day and invest in Bitcoin, building a hotel will also help your life because when you have a problem like money issue you can get money from the hotel but when you have already bought a bitcoin and the price is down you can't sell because of the money you buy it and selling it will not be a good idea unless the problem is a big problem that will make you sell your coin, so for me, I think building a hotel is the best decision for a wise man.

What will you be surviving on then if you've to use all your $17 million you have to buy bitcoin. I ain't sure that's any good financial decision especially for a long term investment plan you'll be needing some bucks to survive on while waiting for your bitcoin investment to double. I think it's okay spending between 10-15 million using the remainder to start up something else that I can use to service my needs while in wait...

Though the risk that people won't visit the hotel is unlikely to happen and that also depends on the location and standard of the hotel.

But on the other hand as you said, cost of maintenance, payment of staffs and tax, with registration of the hotel is more expenses too. And the competition therein as a new hotel in town/city where there are already existing standard popular hotels, it's really gonna take time to start getting that recognition. Hence the choice of investing in bitcoin becomes the best selection.

First understand the investment that we are running is of course very important and I think we don't have to experience failure first in investing, then we understand that the investment is not suitable for us, but we can first learn well about the investment and if it is suitable then we can start running the investment but if it is not suitable then it is better for us to find something that is indeed suitable to run so that not spending capital in vain.

If you prefer to invest in crypto, then of course you have understood it very well so that you will be able to run well and make profits from the investment that you are running, when you plan to build a large project, the funds you need are of course not small, of course it requires large funds and in running an investment in Bitcoin, of course we will be able to run according to the funds we have and when You have been able to master it well, of course, it will make a profit from the investment.

investment is of different kind, but one thing I know mostly is that when you invest and fails you will know the investment that will suit for you, I will invest in cryptocurrency when I have little reserved and investing into building is a mega project and it's you to have another projecting running already, so we don't need to rush into building project when we already know what required for building of hotel and furnished the interiors to be standard, bitcoin investment should be better and it should good when you have know bitcoin for long and you have master it process

But can you tell me, as you said, the hotels around your area are very empty, and if the hotel business is as costly and unprofitable as you say, why does it still exist and even grow over time? On the contrary, in my country, the hotel is developing very well and many people are creating a desirable source of passive income despite fierce competition. I guess not only you but many people here have never been in the hotel business and people are talking about things they don't know.
I agree that business is risky, not everyone is successful but that's business. Have you seen any poor people running and managing hotels? Most people who can afford to build hotels are rich and rich people are not as stupid as we think.

You don't give specific advice to the OP but you misrepresent the hotel industry, it's clear you're trying to advise the OP to invest in bitcoin instead of hotels, an area you have no experience in.

Everything that you mentioned are like the start up capital to invest in Bitcoin, still you can not compare it anywhere near what you need to build a house talkless of owning a hotel. Bitcoin investment is very flexible for anybody to start, it doesn't need a huge capital, that is why it's adoption is increasing and more people are hodling it. Unlike other forms of investments like real estate, if a person is able to get a device like phone or any other mobile device then the rest of the journey to long term holding will solely rest on the investors capacity to buy, hodl and wait for peaks of bull runs to see returns on investment for their capital. Owning an investment like a hotel in an urban area can be more profitable than Bitcoin but it will also need a very huge amount of money to set up which everybody don't have. There is nothing stopping one person to invest in Bitcoin and be a hotelier at the same time, the person can be diversifying the profits from one to the other, it's all about making profits from different sources.

You have minimal costs or costs you already paid for. You need a device connected to the internet to be able to connect to the Bitcoin network and send/receive transactions. That can be a desktop or mobile device or a hardware wallet. Alternatively, you can opt for a combination of cold & hot wallets and use an airgapped computer. All these are initial costs if you don't already own them or want a device dedicated solely to working with bitcoin.

I will not lead you to choose one between Hotel and Bitcoin. But simply there is a basic question about hotels, namely to what extent currently the hotel gets visitors to make it a lodging? we have seen various hotels that compete to provide luxurious services and facilities and that means that you as an investor will spend 2x costs both for repairs, buying facilities, paying employee salaries, etc. Take that into account if as an investor including promotional methods that each hotel will offer each other cheaper prices. In my place, hotels are very quiet even though tourist attractions and tourists are arriving.

Secondly, investing in bitcoin you don't need to spend anything on additional costs just about 1:1+ long term profit.

Bitcoin will be quite risky for those who do not know the process of its journey so it takes knowledge before getting involved and if someone understands how bitcoin works then the risk can be minimized.
Bitcoin is more reliable to invest in the long term because its value continues to increase even though there is a correction process in the market along the way.
Worries actually occur because we do not have the right knowledge so we do not have decisions when making investments.

Risk cannot be avoided wherever we are, especially if it is related to money, but what we need to think about is how to minimize the risk so that we do not experience losses.

And you think someone who is not capable or a financial handicap person will consider building hotel as option for his future investment? From my observation in the Op thread, the person have the means to either build a hotel or buy bitcoin but he's just confused and want to know which one is more profitable. I normally reserve my comment on financial issues and allow people to follow their own instinct instead. Our level of risk tolerance is not the same and advising someone who can not much tolerate risk is suicidal. Let them invest in what they can best manage.


Does having bitcoin knowledge decrease its volatility? No! As far as you are holding for long time, you have no power over the market and your knowledge have no influence. Your crypto knowledge will have much role to play when you decide to trade instead of holding. One thing about having is that it'll help you to maintain calmness and not cause you unnecessary panic over slite market downtrend.