Topic: Why you should choose digital assets over physical assets. - page 3. (Read 756 times)

When choosing the asset to use as our investment, what we have to first consider is the safety, how is the security measures or level to the investment asset we are going for, because this will be the ultimate guide to secure our investment in other not to make loss over them, things are going from changes in series of time and we are going to consider the all these before making deliberation, another thing to also consider is the profitability and the technical knowledge how about the kind of investment we are considering,, safety is what we should mostly consider while the profit making the second.

While making this kind of comparison between digital assets and physical assets, the most natural thing most people who are investing in physical assets would do is to paint physical assets above digital assets while the same is what's going to be obtainable for those who are fans of digital assets. It's necessary to create a balance in our analysis and remove every form of bias while making this sort of comparison so we focus more on facts rather than mere emotions.

If we remove every form of bias and emotions from our minds, there is a handful of physical asset that has potential just like Bitcoin, and just like you've outlined the advantage of digital assets over physical assets, we can also point a lot more good side of some physical assets if we choose to point it out. In this era where we can't really predict what will become of both digital and physical assets, it's not best to go all into a particular sector in negligence of another. If you've seen good prospects in physical assets and you have the resources to invest, it will be unwise not to do so just because you're investing in a digital asset and regardless of your investment choice, it's still best to own Bitcoin in addition to them.

Believing that Bitcoin enthusiasts are not biased or in a debate with the physical investors, while outlining the advantages of Bitcoin, let us be unbiased and transparent by considering the physical assets advantages too because as Bitcoin enthusiasts, we do not need to sugarcoat the potentials of Bitcoin neither is it necessary to discriminate other assets valuabilities with an intention to have Bitcoin in a high pace of recognition strategically to say other assets does not have their own advantage too.

The outlined advantages of Bitcoin as a digital assets over physical assets are not doubted but let us try to be realistic in justification.
So considering the advantage of physical assets too, it provides assurance which proves a reliability of your assets and gives a physical confidence of your assets potentials and your personal skills or setting up your own marketing decision which may give you an advantage to standout over other related assets.

It could provide a quick income and also has the potentials for a short and long term goals.
Although it could be hit by economy inflations but physical assets like landed properties also has potentials advantage to gain more values during inflations because the more time goes is the more it accumulates its values.

One most important advantage of Bitcoin in addition to yours OP is that physical assets is vulnerable to lost values or total be destroyed during wars or natural disasters but Bitcoin assets will always be secured, saved and maintaining its valuability during those while as it could be an asset to store values even during economy inflations, Wars or even natural disasters.

So if you ask me, due to their own advantages, I will go for Bitcoin and then diversify my investments to physical assets in other to stand chances of their various privileges

Do you know that no matter how successful you are in digital asset investment, you will surely invest in physical assets. For me I won't just favour digital asset and neglect physical investment as both are good. Same way you have itemized the benefits of digital assets, you didn't mention some of the disadvantages of digital assets. In all your investment try to strike a balance that's all I want to say. Have you not seen people who don't invest in digital assets yet they are making so much money in life. I won't even judge people who think that digital investment is not for them and don't even think of investing in it, neither will I see them as people who are centuries apart from us that are investing investing in it. The truth is just that some people ideology is that they want to invest in something they can see with their physical eyes and touch anytime of the day. The purpose of all invest is to make money and nothing more, so provided your investment is fetching you money to live your life and provides your needs in life, that's okay with me.

Having both assets feels like a wise choice to me, of course it's a wise choice any day. It is as having multiple streams of financial sources both off and online. Just deal with their disadvantages and make a great use of their advantages more and see how you can uplifted your coverage and ownership of them respectively.  We don't battle with the issue of security hacks with physical assets as we do with our online assets. It's all vis-a-vis the troubles that exists with the different categorized asset's.

For me I think having both assets is the best thing instead of accrediting one than the other, prefer to have them both. if you have digital assets more sometimes for unforeseen circumstances such assets maybe not be traceable but when it's physical we know we know.

And. In addition to your list, I will love to add that another adventure of digital assets is that they are mobile, that is it could be carried from one place to another, unlike physical assets that are static.
Another adventure of digital assets is that I can be easily marketed, that is if a person has both physical and digital assets now, you will notice that he/she will be able to sell his digital assets such as Bitcoin more earlier than he/she will be able to be able to see a buyer for the physical assets who is willing and ready to buy at the same rate you intend to sell.

People with what they want if you tried telling them about digitalization and they still remains mute to it then go ahead and show them prove because investing in digital currency doesn't end, maybe whenever they feels like join the investment they could make a turn to start investment. As for me I still prefer investment on digital currency than owner a share in bank or landed properties, even though those who are thinking of only physical properties are people who have narrowed their thinking to only one area of life which is why it's very difficult to change from what they knows to digital currency.

Digital assets has its advantage over physical assets, the same time physical assets still has some specific advantages over digital assets which makes it a choice and an option among some investors. To create a balance it is advisable that you have both physical and digital assets as investment, more digital assets than physical assets, because digital assets are becoming more lucrative with more ease, and then some physical assets have more reliability than digital assets incase they fail.

The benefits are quite very good but they still have their risk, which means you can lost everything within a minute if eventually you are hacked unlike the physical assets or property it will be difficult for one to move or still your land wich you have the documents.
In conclusion, I won't prefer only digital assets investment over the other as investment into Gold, real estate, and other physical properties still worth it.


This is not true that they are not government regulated, they're regulated through exchanges, but you can talk about total control, Government don't have control over digital asset such as Bitcoin.

Well OP in addition to this firstly having digital assets is a thing of choice, there are too many out there who do not believe in the Bitcoin system, well in some cases most people in our locality today do see this physical asset as more worthy, well I think they believe in what they can see, feel, and also touch and what leaves in the real world most time I don't blame them.

But what they do not understand about this digital asset is that it is more accessible and also easy to sell by just using your internet connection and without third parties being involved also can be used from anywhere around the world in your own care.

And also just as you have listed in 3. it can't be controlled by the government, the government officials don't have any rights over it.

 

Among the main reason i prefer Bitcoin is because it will appreciate more in the long run, since it`s currently the best store of value and that`s why is better to HODL than to be looking for short term profit. Like Charles-Tim said earlier, protecting bitcoin is cheaper than physical assets, most of the protection is not necessarily about money but more of your online practices and that`s why as one having digital asset, you ought to take your security online highly important and correctly which the cost is not really money but rather you being responsible.

Also in as much as one can move from one country or region based on the unfavorable regulation of Bitcoin it`s still not entirely feasible for many except those who are really rich or its their main source of income, just imagine if the Nigerian government totally banned cryptocurrencies activities, many of us will likely not have a choice than to abide to their rule because when we calculate the cost to travel and settle down in a good foreign country supporting crypto activities with our family and also becoming citizens there we would just rather abide in our country or maybe go against the government regulation which if done well one you might not just get caught but if any unfortunate event happens and you are caught you will have no choice than to face punishment from the law. 

The reason I can prefer bitcoin is because there are many ways I can protect the coins in ways that no one on earth can steal my coins from me. Some people can make mistakes but if you have the right knowledge about how to protect your coins, no one will be able to hack it. And the security would be of low cost. Unlike physical assets that would be of high cost.

There are some physical assets that are worth it. No one can steal your house if you have the legal backup. Also are real estates and land. But that is if you go the right way and have the legit property papers. There are physical properties that can not be stolen.

This is not entirely true. Bitcoin ETFs and many other online properties can be regarded as assets. Also are bitcoin on exchanges while exchanges do not want to violate government laws.

One sign that tells you that someone is still some centuries behind is when you talk about an investment option with them and all they talk about is physical assets. Some don't even see buying a digital asset as a good investment option probably because they've been used to buying properties or assets they can easily see and show people that they own it or one that's popular like land, gold, houses, machinery, etc. But when it comes to choosing either physical or digital assets to invest in, the advantages of owning digital assets are far more than that of owning physical assets.

Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.

2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.

3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.

Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.