Topic: Why Bitcoin is different from other means of investment - page 7. (Read 961 times)

I like differences of opinion - but I tend to agree that bitcoin is a hedge worth considering compared to other assets. Of course I don't mind other people's choice of investment assets regardless of whether it's real estate or whatever - but bitcoin has stolen a lot of my attention so far and it will do so even more so during inflation.

But know - bitcoin is not everything because you still need other assets such as land, house, jewelry, or so on that support your needs and lifestyle. This will not be overlooked regardless of which asset you think is better as a hedge or investment.

I have seen that there are that type of government that after building such good reputation and infrastructure for the people, the next one who sits in power that doesn't like it will destroy or at least let it forgotten by the people.

Well, yes, that's far different from Bitcoin that can't be destroyed by whoever gets to dislike it. But this comparison is like oranges and apples that I don't get it honestly.

But I have understand the sentiment and where you're coming from based on the story that you've told us.

Bitcoin still has its limitations. It may indeed generate bigger profit as an invest in comparison to others but,price increase alone won’t make an asset the best. First of all it depends on the type of investor you are. Some will have doubts toward this industry and that’s valid; adoption of its usage is still in the verge, huge price movements and the likes. Bitcoin is a good investment no doubt but to push people towards this industry is,for me, a negative thing to do and will just be better to wait for non-bitcoin users to have their own initiative on cryptocurrency. Let them doubt and seek for answers themselves.

Everything in life have Risk, those  that invested  in real estate are doing so at least to help people to have a place to stay, so people can have a place to do business, so people can also have place to showcase their talents like halls to for hire for an event and all sort other things. But I would still say, real estate investment is good investment. Investment varies, if you're a bitcoin enthusiast, you can successfully invest in bitcoin and yield your profit. So I feel everybody should be allowed to follow their passion. Bitcoin has its own advantage and most of us including me, has decided to adopt the bitcoin, but people should be free to make their choices

Exactly you have to use whole amount in real estate but in case of bitcoin you can use any amount that you can afford and but it in portion for many years. In real estate your money cannot become double at once but in bitcoin when price become higher it can gives you extra amount that will be twice to you used amount. Without doubt it can be says that every business and every investment has some sort of risk but accepting risk will suited well for the completion of your desire goals.

Diversification is important because sometimes the crypto market is not good so if you use all your amount as investment in Bitcoin then during bear market you will surely take some bad decision. In short both real estate and bitcoin have their own benefits therefore don't leave one of it and diversify your sum into these two assets.

I dont know the whole story of this destroys real state stuff but it is really heartbreaking if you going to see your investment in the house that you built was being destroyed by someone. I mean for sure there are going to be legal stuff about this if you actually own a real state or a house government can't really just do this to you, maybe there are some unfair laws but there are always compensations. I wouldn't claim that Bitcoin is a much safer investment than real estate because Bitcoin market price is still dependent on supply and demand, really just similar to rare collection so market value is just going to be speculative. If there are no people that is going to be willing to buy Bitcoin at 100k$ that just means that it is not going to be worth 100k$.

Still, I would still recommend Bitcoin investment because its also a great investment and a great way to fight inflation even though it is a risky one, as long as you dont put you eggs in one basket i would say it is worth the risk of putting some of your money in Bitcoin.

I think it's a matter of fact that Bitcoin was created not as an investment but primarily as a medium of exchange that allows removing the third party from the process, so it's not really something to argue for or against. But yes, it did turn out that Bitcoin became a very lucrative form of investment.
I'm really sorry about Lagos and the destroyed property. It's certainly unfair and sad for the investors. Another thing about physical property is that in some regions there can be a very legitimate concern of it getting destroyed due to warfare or natural disasters. Bitcoin is at least safe from those risks because it's digital.

Yes investing in real estate requires a large amount of funds.  Due to which real estate investment is a safe investment but not everyone can invest here. But anyone can invest $1 in Bitcoin. And Bitcoin is also a potential asset, which is a positive aspect of Bitcoin. and that's why people are so attracted to Bitcoin investment. But I would also advise to look at multiple assets to invest. Then one will recover the other's loss in this case the risk will be minimized. And if one keeps an eye on only one asset in this case it may either give him a high profit or face a huge loss.  It has high risk

You just gave a small example that is happening in your country, and you assert that bitcoin is safer than all the rest of the investments. Is that too biased against bitcoin? Everyone will agree with you because this is a bitcoin forum, but if you bring this topic to another investment forum, how will people respond to you?  But can you tell me, if bitcoin is really as good as you say then why is real estate still considered the safest asset to date even surpassing gold? Why do top investors and billionaires still choose real estate over any asset, including bitcoin? Aren't those billionaires more stupid than us?

That is one of the reason why Bitcoin is the best investment among the others, which is the decentralization. Unlike the others, you would have to take care of the paper works for example, the real state, you would need to have a permission from the city government and the signature from a licensed engineer/architect for the floor plan. Pretty hassle right, if you've mistaken then your investment could be the same from OP's scenario. In Bitcoin you could do whatever you want without government involved, plus the tax that would deduct from your salary or profit. In short, you have the freedom to take control of your assets and invesment, it will only depends into your hands if you will profit or take loss.

The problem with that, if it happens like in Spain when they expropriate to build roads for example, is that what the government gives you is not enough to buy a house of similar characteristics in another place, they give you much less. And if it were the case of having been built in a place that they consider illegal, I doubt that they would give you anything.


I fully agree with this.

OP, I believe that we are from the same country and in Nigeria, if your house is built on government land or on a land that is too close to the government road and needs to be demolished, government do give compensation to the owners of those buildings, so that they can use the funds to get somewhere else to build on. Bitcoin is very risky compare to real estate due to the volatile nature of bitcoin and every scammers are online hunting for people that they will steal their bitcoin. If you don't secure it very well, your wallet will be compromise, but real estate is less risky. Why I love bitcoin and will advise my poor and average friends like me to invest in bitcoin is  that, you can invest with any amount and it is open to all. Unlike real estate that is only an investment for the rich. I love both investment and I believe that both of them are important.

I don't know if it's because of politics now that the old government has changed to a new one, maybe there is a dispute or the land is in an illegal zone so the new government is dismantling the property there, some countries still have the same problem, keep in mind when investing in property the land must be completely legal and the certificate of title is in your name so that it does not cause any problems.

Bitcoin is simpler and this is obviously financial freedom, I don't put everything in bitcoin - I need a decent real estate to live in for my own family, some real estate that is bought as another additional investment for the future, I don't want to rely solely on bitcoin even though I have financial freedom, I am more diversified for investment.

All investments have risks. Gold or real estate are considered safe havens, but that doesn't mean there are no risks, there will be rare risks that we never expect. But that doesn't mean bitcoin is safer or better than other assets. Investing in bitcoin you will also have to face its volatility, or the future of bitcoin is still a question mark. Not to mention we encounter risks such as hacking, natural disasters, fires...many incidents will lead to loss of seed phrases. Nothing is absolutely safe, including bitcoin.

It is not perculiar to my country, it happens in some other countries. On the other hand, the case described above is similar to earthquake,  war, volcano and other emergencies that can bring physical investment to ruines. It just shows one unique advantage Bitcoin have over some other forms of investments.


This has become a popular trend in my country; politicians target the businesses and properties of opposition. Maybe they all read 48 Laws of Power.

I am viewing it from the aspect of investment, which is in line with the topic of discussion, and not base on needs. Shelter is a basic need that you have to put in place before you consider investment. So, I still feel Bitcoin is a safer and better long term investment option than real estate. Imagine using the money for the property to buy Bitcoin 10 years ago... today, you would have built three of those property and still have good amount of money left in your portfolio. But for this case, the owner of the property is starting from scratch,  having lost everything.

OP nobody will ever deny the advantages of investing in bitcoin even though it is the main purpose it was invented for by satoshi. With bitcoin as an investment you don’t need to have a huge amount before going into it like other investments. When you invest in them you still have privacy and not like other investments that at least a middle man must be involved. All this are its benefits but I will tell you that using only bitcoin as investment tool and not diversifying you portfolio is bad. This portfolio do not mean Altcoins but investments like real estate and precious stone. With precious stone been too scarce to buy then real estate is the ideal portfolio diversifier after bitcoin.

The real estate investment appreciates if you invest in the right places. The news you posted still lack some information because I am very sure that government must have made an announcement if that place was at a wrong place and would have actually compensated them long enough before that destruction. But many people turn deaf ears after collecting the compensation most especially if they finds out that the government has changed hands they will feel the new government wouldn’t do anything and they proceed to spending the money and living there life till the day when they ask for evacuations.. that estate destroyed must have been payed for before that act occured

Actually it was designed to turn energy into wealth. Hence POW. you could use it to move that wealth P2P or you could hodl that wealth the reality is more hodl is done at least 50% of all coins are in a state of hodl. Maybe only 20% is moving p2p on a regular basis.

This is a whole political problem. Some parties and people in those parties do not like the success of their opposition. So, If you are a supporting party and your opposition party has more power than you, they will try to destroy you by destroying your house, your business, and everything.


I'm afraid I have to disagree. I won't say Bitcoin is safer than your land and houses. Of course, Bitcoin has some pros. But these physical things are primary needs. You have to build your home to live in. You have to buy land to firm. You can invest in Bitcoin, too. But do not go all in.

Investing in bitcoin is good on top of all other currencies and is not under anyone's control but if there is enough money then other good investments besides bitcoin investment usually concern holding assets like real money to work to increase the value of the asset. Money is used to buy assets such as real estate stocks coins businesses or anything else that has value expecting a return that will be greater than the money initially invested. Before exploring options in which to invest money there are some basic principles that must be understood in order to make wise investment decisions. Wealth can only be successfully built when you make the right choices and avoid pitfalls that can prevent investment in the long run.

For your country, this is quite worrying, but that does not mean the same measures apply in every region. However, generally they follow the rules or there is a dispute regarding the place to be destroyed so that the government carries out acts of destruction for clear reasons. The Bitcoin investment option is certainly simpler. In fact, I have the philosophy that Bitcoin was created for equality. Whatever the amount, everyone has the right to own Bitcoin and they will have complete control over what they own. That's why Bitcoin is given the nickname freedom, this is true so that we have rights to what we own.