Topic: What's on your mind - page 7. (Read 1619 times)

I think both investments have their advantages and disadvantages.

As for investing in a hotel, you first need to have experience in this field and secure all the necessary needs starting from government approvals, taxes, workers and employees and the like, and you have to secure maintenance and services periodically to ensure the continuity of work.

As for investing in Bitcoin, you do not need all these details, all you have to do is buy Bitcoin at a reasonable price and store it in a safe wallet and wait for several years until the price rises and you reach the goal you want.

Investing in a hotel can be good in the short term if you want to get a good monthly income, while investing in Bitcoin is good in the long term but it is also not without risks.

I want to know when BTC will reach 100K

I just want to remind you, you are on the bitcoin forum, investing in bitcoin will always be the top advice on the forum and everyone here thinks bitcoin is the best investment in the world. So I think you won't get the fairest answer and it would be unwise to seek real estate investment advice on a forum that only talks about bitcoin.

Also, if you are planning to go into the hotel business, it means you have experience in this field while most people here are only familiar with bitcoin. Hardly anyone has experience in real estate or the travel business so seeking advice from inexperienced people is not a good idea either.

If you are having trouble choosing, seek advice from an expert, a financial advisor will be the best solution for you instead of asking bitcoin investors or real estate investors.

I just check how much cost to build a hotel, minimum you need to spend $17 Million or 262 BTC. If I have $17 Million right now, I will choose to spend all to buy Bitcoin, wait for the next year and my money will be doubled.

While hotel, there's a risk people will not visit your hotel and it's hard to survive in the long run since open a business isn't easy. If you don't earn enough money to pay your employee's salary and operational cost, you will need to spend more than $17 Million, investing in Bitcoin not require maintenance fees.

If expenses wise ill go straight for bitcoin, if you are going to build a hotel you will need to spend millions all that are expenses meaning you'll bleed cash from the start, while if you invest on bitcoin its about timing wait for the price to go down then buy a few bitcoins, you can do like sell when you get profit then buy when the market bleeds, its less stressful imagine working with papers and workforce daily making sure you're hotel is on track on a target date, while on the other hand in bitcoin you can just buy and sell when there is profit, you can also can make a small business while trading spending less unlike a hotel, managing a hotel also is not easy.

I don't want to be troublesome to invest in a hotel or any property that make your investment grow up between 10-20 years. if we look how bitcoin grow up in the last 10 years ago, certain, if you are a smart person will be thinking if bitcoin is the right choice than invest in hotel or property. You don't need to think to repair and renovating your property again when invest in bitcoin, you only need to buy hardware wallet, metal seed and safebox than you will be safe as a smart investor. I just thinking about selling my house now, but haven't get a buyer yet, because I think bitcoin is more profitable than I invest on property.

Besides that, hotel prices are quite expensive, and is not certain many people will live if the location is not good and far away from airport or any public facility. While bitcoin, even you only have $1 you can DCA it on exchange.

You're talking two completely different extremes here. If you have enough money to build a hotel and invest in that then you shouldn't be consulting with the Bitcointalk forum members about this you would just go out and build a hotel AND buy bitcoin lol. Nobody just goes out and builds a hotel without extreme wealth and connections. Anyone right now can buy bitcoin. Buy bitcoin now so that when you are older say in 10-20 years time you can then build a hotel

Why not have both if you are capable of? but for commoners like me, I don't have a lot of options and obviously buying Bitcoin is the best option. Asking about building a hotel seems easy and not problematic but the reality of it is that it's not as cheap as doing DCA with Bitcoin. All you have to do is to make yourself comfortable to the choice that you're about to make. But buying and holding Bitcoin is never a bad choice based on my and others' experience. And if it means real business to you building a hotel, it costs a lot more not just with money but time and resources. You'll also have a management that you'll need to be focused on to your people so that you'll have everything monitored and running smoothly once the business is operational. Compared to Bitcoin, you hold, sit and relax.

I think this should be called a topic of investment counseling but in anyways... Hotel is a real estate investment with potential to yield quick incomes for a long period of times which might actually be inflated based on economy era because people would only patronize you when their incomes are flowing because it most especially, hotels are of pleasure lodges which means one need to make some extra incomes before patronizing the hotels.
And starting up a hotel invetainments involves huge amount of capital

Bitcoin is one unique investment structure that is designed to face its own inflations off the global economy system.
Bitcoin is not a quick source of income but literally a safe for long term investment as it requires patient holding while anticipating on making profits in time.
Interestingly you can invest with any minimum capital and how long you keep holding would determine your profits.

If we may consider to he disasterous occurances that maybe effective, then Bitcoin investments is better because natural disasters can always hit the real estate investment while Bitcoin assets remains unharmed.

About thefts risk factors, I think they are both risky to thefts because armed robbers and online scammers would always hunt on investors that is being exposed of their worths and can always succeed when they fails to keep the source of their savings secured or privately.

I would expect a lot of persons to advise you on taking Bitcoin investment given that, this is a Bitcoin forum and I wouldn’t expect anything different on a real estate platform but, by all means, if you have the means to archive that milestone of a hotel, then by all means you should go ahead and get that investment running.
It’s a real estate and not just a hotel and you would be doing the labour market a favor as an employer of labor. Hotels are one of the most patronized forms to business in our world today as, we have tourists here and there so, your sure to profit.

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