What's on your mind - page 4. | Bitcointalksearch.org

Catenaccio

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Quote from: AYOBA on September 30, 2024, 03:29:39 PM

The Bitcoin investment is one of the best coin that a person can invest for long periods of time without having any concern the investment, because once a gains much knowledge about the bitcoins it will be hard to lose so much of money; since you have lean on how the Bitcoin market operates everything will come very easy for you.

Bitcoin is a best investment choice for people can know about its risk and accept risk.

It's wrong to say Bitcoin has no risk as an investment asset and a Bitcoin investor has no concern about risk or its uncertain future. You can believe in Bitcoin future, about its bullish case but you can not ignore potential risk.

The bullish case for Bitcoin
Bitcoin is your choice after US. dollar fails, fiat currencies fail

AYOBA

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Both of them are good, but it depends on how much you have to start investment or plan to build a hotel because for someone who just little amount of money will know choose to build a hostel as his investment it can only be Dino for those that have been wealth enough and also capable; but not for who don’t have enough money in grand, because even it’s me how rather go for investments and hold it for a long periods of time then go for build which will not later finish up.

The Bitcoin investment is one of the best coin that a person can invest for long periods of time without having any concern the investment, because once a gains much knowledge about the bitcoins it will be hard to lose so much of money; since you have lean on how the Bitcoin market operates everything will come very easy for you.

Outhue

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

I have a strong thing against running big business in my country, and that thing is lack of security, I can't do such business in my country unfortunately, kidnapping of wealthy and rich men is spiking very high as we speak, I can't count how many hotel owners have been kidnapped, if you are rich and have something to show for it you are in trouble.

I will rather invest in Bitcoin first, then when I make good amount of profits from Bitcoin I will leave my country and travel to another to start a business like the hotel runners, I am a fashion designer by default and we are not a target in the country, not all fashion designers.

Bitcoin investment is one of the safest in the world today, all you need to do is avoid KYC verifications on centralised exchanges, keep using Dex and you will be like invincible rich person, its all for the safety reasons.

piebeyb

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Personally I might buy bitcoin for long term investment, but that doesn't mean building a hotel is not profitable either, I'm not an expert in this matter but if asked about my personal choice I would definitely choose bitcoin for my long term investment because I think as long as bitcoin has not touched $1 million dollars I will not get out of here, lol

Every new person should think and understand the risks when investing in bitcoin and it is important before investing to fully understand all the risks.

GiftedMAN

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Personally I will say that the op is the only one that knows the amount of capital he has right now but if you ask me I will suggest the op to diversify his investment if the amount he has is big. Building a hotel is a good project as it generates a lot of income depending on the country, the location of the hotel and how well the hospitality business moves in your area and investing in bitcoin for a long term is also profitable if the op understands how bitcoin investment works.

If you understand the things I pointed out then I doubt if you will find it difficult to know what to invest in whether investing in a hotel project alone or diversifying your investment.

Minor Miner

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Quote from: Samlucky O on September 29, 2024, 01:54:17 PM

I think both are very important. Hotel give a passive income while bitcoin profit is not measured since it is volatile in nature, it might give you profite within the shortest period of time or in a long period of time being vise versa. So I think if a person build hotel at first, he should be using the money generated from the hotel to invest in bitcoin through DCA / lump sum and also buying bitcoin in each dip as a way securing more wealth for himself against the future.

I support your idea, it is similar to what we discussed before. We should have a stable job or source of income before intending to invest in bitcoin because we cannot determine and know when that investment will bring us profit. Bitcoin is too volatile and cannot generate stable income, so never consider it as our main source of income. But traditional business also has more risks than we think so we need to consider carefully. We can also go bankrupt if we build a hotel but have no experience in running it, let alone think about taking the profits from it to invest in bitcoin.

Overall, it depends on the OP. If he already has a steady income stream and is looking to diversify, or he is looking for a steady source of income. If he wants to diversify his assets then investing in bitcoin would be a better option but if he is looking for a steady source of income then building a hotel should be the top priority.

tottong

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Building a hotel requires good management in managing it and when you don't have good management in terms of marketing, the hotel will never grow.
Building a business in the hotel industry is not easy because there are many things to do and businesses in this sector also require very large capital to build buildings, workers and so on.
Managing a large business like a hotel will be much more difficult especially if we are just starting out and the competition is not easy.

It is easier to invest in bitcoin because you don't have to think about many things and you also don't need to employ other people.
Bitcoin can also be invested in any amount, unlike hotels which require large capital to start.

Y3shot

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Investment requires good planning. The both investment are very good, but choosing which of them to go into their are things that needs to be consider. If one does not have good income to rely on, I think hotel investment is not a bad o e because this can generate some income for one in daily basis. But if one is looking on a longtime invest that can bring good profit then bitcoin is what they need to go after. I'll go for bitcoin if I already have good source of income.

Wiwo

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Quote from: Dunamisx on September 28, 2024, 04:38:26 PM

Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Investing in bitcoin is not a bad idea to choose, however, we must never forget that in making an investment, we have to always consider the way we could use in diversifying our assets, choosing bitcoin together with any other physical asset of investment is a very lucrative idea to go for, but insisting on investing on a single asset of an investment for long is only a risk taking which we should avoid doing.

Infact that is the new trend in my country, many of the cryptocurrency big lord and big wings are now heavily diversifying into other assets as means of increasing their investment scope, since many beliefs that bitcoin is somewhat an investment that can take a life long journey that is why, once they get some good amount of bitcoin starsh, the quickly put hands in some other investments also and still keep building and accumulating more bitcoins along the line.

So for sure, bitcoin and a hotel still goes very much hand in hand and for that we should nit just jump into conclusions of which one should come first, but if you ask me I will say bitcoin make more sense to start with.

Samlucky O

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

I think both are very important. Hotel give a passive income while bitcoin profit is not measured since it is volatile in nature, it might give you profite within the shortest period of time or in a long period of time being vise versa. So I think if a person build hotel at first, he should be using the money generated from the hotel to invest in bitcoin through DCA / lump sum and also buying bitcoin in each dip as a way securing more wealth for himself against the future.

ChiBitCTy

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

I wouldn't choose either. You don't really provide enough information for use to go off of to make a fully educated decision here, so based off what I know, I wouldn't do either. I would split all of that money in between all sorts of different investments to make sure that I am well diversified. Depending on how much money I have, I would try and find a job so that I'm not just pissing away my money.

Again, we need more info here.

GeorgeJohn

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

It's your personal decision, investment is good when you understand the rules and regulations of the kind of investment you want to establish on, but the most important thing is that you have to make research before you join investment, Bitcoin investment is good for someone to invest, but before I acknowledge or encourage you to invest in bitcoin you have to know the risk that's involves in bitcoin, for
the aspects of hotel business, is good for someone to establish investment in hotel but one thing is that have you managed such business before, because if you have not managed hotel business before you may experience loss at the end, bitcoin is a lucrative investment right now, but if you don't know the procedures you won't excel well for bitcoin investment, in summary everything that has to do with investment, you need to be technical dedicated for the business before it yield profits, theirs no investment without profits.

SOKO-DEKE

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Before investing in any kind of thing, one needs to consider what they want to invest in by assessing the level of risk and the benefits they will gain from the investment. As for me, if I have a reasonable amount of wealth and a marketable location for a hotel, I would divide the money into three parts. I would use two parts of the money to build the hotel and use the remaining one part to invest in Bitcoin.However, if I don't have a prime location to build my hotel, where people will frequently visit and generate a reasonable income, I would rather invest in Bitcoin and hold it for a long period of time, like 7 to 8 years. It's very possible that I could make a reasonable profit, which the hotel business might not even provide after 15 years, even if I eventually sell the hotel.

Just think about those who invested in Bitcoin 10 years ago and those who invested in building hotels who do you think would be in greater profit? I believe it would surely be Bitcoin investment. From what I've learned from these two investment types so far, it would be better for me to invest in Bitcoin. But truthfully, both are good investments.

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

It's very simple cutting across wealth creation in other aspects I think it's best you go for what you think would profit you in the long run, meaning you should be thinking long terrm, tho it's a nice idea and your choice is quite okay but I prefer both basically because they are both lucrative and makes you to generatemore funds whereas creating wealth but it demands patience and time.
Just like you said building a hotel definitely you know your to Begin from 0% to 100% and while in the process alot of patience, time, consistency and Hardwork is required so it's also applicable to buying Bitcoin to accumulate and with time you'll definitely get your outcome and results. So you can as well opt in for any of this but mind you it requires Patience and time like I said.

Pmalek

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One bitcoin or multiple bitcoins? The investment size is very different.

You make it sound like anyone can build a hotel and make it work just because they want to. You need land where you are going to build this. You need to consider if there is any demand for a new hotel in that area at all. Perhaps, hotels in the area are operating at only 40-50% capacity and it's not really worth it to introduce a new one. You will need to work with your local city and government agencies to get set up. Architects need to design the place, and you have to make sure you comply with local laws or hire someone to pay attention to those things.

A bitcoin costs $65k right now, and it doesn't have any operating costs. Hotels do. You have to worry about maintenance and your staff. Just the building itself will cost you millions. If you don't have that money, you have to seek the help of investors. Not to mention the construction workers working on the exterior and interior of the building and then worrying about who to hire to run the day-to-day operations.

And when you have done all that, there is no certainty that your hotel will be successful. It's easy to see what is the easier investment for most people.

cryptoWODL

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Building a hotel can be more expensive than buying a bitcoin even time consuming. Moreover, there are differences in both the investments. A hotel is a business where it depends on you how much people you can attract. Even this business has high costs. Especially the cost of purchasing the land where you will build the hotel, electricity bill, cost of labor employed in the hotel and other expenses. On the other hand Investing in Bitcoin doesn't require you to face all these extra costs, and there's no obligation to even purchase a single Bitcoin at once.

You can buy any amount of Bitcoin for investment whether small or large (depending on your financial capability). Since hotels are real assets, there is a guarantee of earning money, whereas Bitcoin is a crypto currency that is associated with volatility making money here involves risk.

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Of course Bitcoin because it would give me much higher return on investment then anything else. But, I wouldn't invest all my money into Bitcoin right away, instead of that I would follow DCA+DIP buying strategy and accumulate Bitcoin overtime.

For someone like me a hotel isn't a good investment option as it's quite hard to manage an hotel, but it's pretty easy to invest in Bitcoin on the other hand.

Someone who wants to get some fame in a society should definitely pick hotel as that's going to be much helpful for fame but if someone want to have better return on investment then Bitcoin is going to be a 10x better option than a hotel.

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Quote from: dificanovi on September 28, 2024, 12:34:20 PM

Investing in Bitcoin or in property such as buying a hotel both provide benefits but the process is different. Investing in Bitcoin will get profit when the price of Bitcoin goes up, and if investing in a Hotel we will get profit when someone will rent our Hotel room to stay for a few days.
I prefer to invest in Bitcoin because it is easy, the process is not complicated, the price continues to increase from year to year and I don't need to spend money often on security costs or renovation costs like maintaining a Hotel.

Hotel investing aren't that bad but instead of an hotel, I'll prefer to invest in a service apartment. Air BnB will give more money than a hotel, alot of individual now prefer Air BnB to hotels as they get to stay in apartment that make it feel like home and not a hotel that has many individuals and noise pollution everywhere. Hotels aren't hygienic as alot of individual get to use the same items and they at times aren't clean properly. What will make hotel to be bad investment is when you don't have enough capital to maintain the hotels and make it up to standard. Hotels consume lots of resources but Investing in Bitcoin is very cost efficient and has more profits when you hold long term.

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Quote from: Forever101 on September 26, 2024, 02:17:17 PM

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.

Investing in bitcoin is not a bad idea to choose, however, we must never forget that in making an investment, we have to always consider the way we could use in diversifying our assets, choosing bitcoin together with any other physical asset of investment is a very lucrative idea to go for, but insisting on investing on a single asset of an investment for long is only a risk taking which we should avoid doing.

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Quote from: CroverNo01 on September 28, 2024, 02:03:45 PM

We all have different view when it comes to such tense scenario. Building a hotel and investing in bitcoin for longterm, which of them do you think exhibits more risks? For me, the hotel exhibits more risks because there are quite existence of factors that ruin the necessary stability of the system, it will need maintaiance as the year passes by while investing in bitcoin, this is one of the major investments in the universe. But there are quite crucial price to pay and that is patience. I'm sticking to investing in Bitcoin, the profits are always massive and from year to year, your portfolio grows handsomely and you know what that means.

I get the point that you are trying to make, but let us not use the excuse of maintenance to compare the bitcoin investment and that of a hotel, as we already know that the hotel business is a bit profiting, and if there is maintenance that should be run, the expense's will be covered from the profit made from the hotel business and not a fresh coin from the investor's pocket.

Bitcoin investment is good, but if the money is enough to cover up both, I will even prefer to go into those two since they are both profitable assets to behold.

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