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Topic: Why you should choose digital assets over physical assets. (Read 777 times)

member
Activity: 224
Merit: 43
Well said, OP.

I believe, Digital asset are good for investment with potential for great returns, same time I would love to remind you that the risk and Mental strength required is higher. Digital or Physical Asset, it a matter of choice and decision subjective to the individual, physical assets like gold, Land, etc like you earlier mentioned also have greater potential which ratios it to the fact that we can't put the terms of uncertainties in Digital asset compared to something physical which is a legacy.

I believe returns from Digital asset, are also used to build Physical Asset, and owning of properties. I support you on the ground of Free-will and no external control of Digital asset which I see as one of the edge of Digital asset over physical asset.

In conclusion, showing off that one has wealth has nothing related to wether or not its physical or digital asset. We have seen individuals showing there wallet balance, Coins they are hodling, Amount of Bitcoin in possession (what do we call this, isn't it showing off relating it to your sentiment).
Everyone has there choice and decision to invest there resources into any asset be it digital or Physical, so we can't say which is better because investment lies in uncertainty.
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
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.

If we put it that way, then it means that everyone who hold Bitcoin is filthy rich Huh I don't think that's how it looks. Bitcoin investment gives you a better way to earn profits on the long term from a more secured means of storing your funds. Unlike the banks where we leave our funds and they lend it our to bigger bodies making profits without paying us interest. If we put the mind set of getting rich with BTC then it would be wrong in a way. The thing I like about digital assets is the idea that it's flexible and reliable when it comes to transactions. You can send money across border without much stress from banks signing and the rest.  But then we should know that digital assets won't be able to dominate physical assets now or in the future. That's because there will still be people who would prefer them to digital assets.
jr. member
Activity: 93
Merit: 8
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.

Digital assets just like physical assets too has it own weakness and strength, To me one of the weaknesses of digital assets especially Bitcoin which can also be seeing as the strength is decentralisation,  

Decentralisation as a weakness to me is in the aspect of security risk because if a transaction is mistakenly transferred to the wrong recipient then it is a loss on the sender's end, without any authority being able to reverse or retrieve that transactions, no regulatory body to report to.

 But I also see decentralisation as a strength of Bitcoin due to the fact that it doesn't have a central control, as no one can stay at the admin end and manipulate anything like we see most times in our traditional banks,
Here in this part of the world Both physical and digital assets needs each other, they work hand in hand, same way we invest in digital assets should be the same way we invest in physical assets,

In the event of death, your digital  assets is gone forever with you, but investing in physical assets your family members like wife and kids will have something to hold on to even when you are gone,

I stand to be corrected.
full member
Activity: 532
Merit: 220
Upon other interesting reasons for choosing digital assets, but One differential thing that I love about Bitcoin over other physical assets is the fact that Bitcoin is more liquid than any physical assets out there, meaning that buyers are readily available whenever you wish to sell your Bitcoin unlike what I have experienced with some other physical assets where that you have problem with Finding a buyer when you want to liquidate your assets, and in some cases may take several months to find buyer which may result in the owner wanting to sell at very lower price than what they bought it.

Yea, bitcoin is actually far better in that way than those physical investments. But the only thing that makes you also recommend having other physical assets if just in case you are no more (death), but if you are to consider based on liquidity, then there are not even comparable benefits; they don’t have the same benefits, and the demand is definitely different. That is why most people use their physical investment as a third option, meaning even if they have an emergency and need money, they will not even consider it as an option unless there is no other option, then selling those physical assets. 

So if we are going based on liquidity, I will also prefer bitcoin to the physical investment, but if it is based on future references, I think the physical investment will be more useful. 
jr. member
Activity: 46
Merit: 15
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.

I agree with the OP on digital assets being a better investment choice, it offers a level of flexibility, anonymity and security. It also helps you maintain a low profile despite holding significant amount of wealth. However, while investing in digital assets like Bitcoin it is important to know it's potential drawbacks such as market volatility and security risks.

Digital assets has its own disadvantages just like physical assets. The disadvantages of digital assets like Bitcoin and other coins are; market volatility, security risks, technical expertise and loss of key. While the disadvantages of physical assets are; Environmental risks, depreciation, maintenance and upkeep.

Digital assets is good but I will choose physical assets over it and not because I want to show off but because physical assets has taken a lot of hungry youths off the street in terms of employment. Physical assets like Hotels, hospitals, production companies and the rest of them has people working with them and for me that's the greatest assets (humanity/employment)

I have had a fair share of both assets and I'm talking out of experience. the internet is not 100% secured so let's choose both as an investment plan.
sr. member
Activity: 490
Merit: 346
Let love lead
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.
You would not blame them them, everybody guards themselves from scam until they're fully convinced a project is worth a try. You know there's a lot of scam projects in the crypto space, so it's hard for a novice to even differentiate. The amount of information available to someone spurs their conviction to engage in anything, people too are more convinced when they see live evidence of success, and on that note I would warn you to know the kind of evidence you show them so as not to expose yourself to security threats.

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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.
It is good not to put all your eggs in one basket to help build a stronger security for your investments. Landed properties are good and appreciates well when secured in a rapidly developing environment, but for leaving your funds in the bank is a negative from me because fiat depreciates in value when left stagnant and you end up making money for the banking system only leaving you with nothing. You should learn to make your money work for you and that entails investing in profitable digital and physical assets.

The main advantage of digital assets is reduced taxation, privacy and anonymity, so you choose properly and invest wisely.
member
Activity: 290
Merit: 31
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.


True, but it's not wrong to hold both instead of picking just one, is it? Both forms of investments are good and have their advantages and disadvantages. Digital investments are easy to use, spend, liquidate, and hodl, but physical assets have their advantages too. They aren't used for show-offs only. One can also have physical assets and keep a low profile if one wants to. Like gold, company shares, land, etc. At the end of the day, were all looking for how to store wealth inside something valuable.
jr. member
Activity: 51
Merit: 1
At the end of time; what's the point of mere hoarding digital assets without it metamorphosed into tangible Physical assets that'd be beneficial to Self and humanity.
We don't eat digital assets, neither drive them nor live in them but rather, they are intended to work for Us in the long-run.
So, inasmuch as digital assets are safe and very peaceful and easy way to grow assets; physical assets are the aftermath, Should be the Goal.

Let's Think the Both:
Think digital assets also Think Physical Assets!
jr. member
Activity: 89
Merit: 5
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.

Digital asset like bitcoin is more preferable because of how accessible you can globally, easy to purchase, easy to transfer and how you can secure it compared to physical asset. Bitcoin can be bought in fractions making it easy to invest with amount that you are comfortable with. The choice and decision to invest in any asset is personal one but embracing digital asset like bitcoin is a game changer. Bitcoin have not been too long, not up to 20 years but it compete with other physical assets that has been there for many centuries,  this shows how potential it is making it good choice of investment. Bitcoin can be easily traded globally compared to physical assets like Gold, land, stocks and bonds, real estate. Some of these physical assets, you have to test the authenticity whether they are real or fake (gold) and position (e.g land & real estate) they are not easily divisible but bitcoin can be  bought and sold in fractions
hero member
Activity: 1022
Merit: 600
Upon other interesting reasons for choosing digital assets, but One differential thing that I love about Bitcoin over other physical assets is the fact that Bitcoin is more liquid than any physical assets out there, meaning that buyers are readily available whenever you wish to sell your Bitcoin unlike what I have experienced with some other physical assets where that you have problem with Finding a buyer when you want to liquidate your assets, and in some cases may take several months to find buyer which may result in the owner wanting to sell at very lower price than what they bought it.
sr. member
Activity: 490
Merit: 346
Let love lead

So the essence of wetin I think about all these is that, na to get both of them, so that if one dy lag behind, you go use the other one use hold ur side,  so having the both is the best.
Yes actually, you should have both digital and physical assets, and I'll recommend anytime any day that more digital assets should be acquired since the government taxes physical assets mercilessly, unless the physical assets gives you good income that can really offset the periodic taxation from the government and something real good for your stress.

Digital assets, especially investing in Bitcoin, stocks, bonds, E-commerce and other lucrative online business gives you good residential income that are micro taxed or tax free from the government.

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Ok make we look wetin dy happen to Bitcoin now and how e dy fall in price today, right now, wetin go sustain you mostly now na ur physical asset, so having both of them dy very good, so as to strike a balance in ur finances, make e no just be one side something.
Bitcoin price falling is not a good case study and I'll tell you why. Bitcoin investment isn't slated for a short period of time, it's a long term investment, the dip we all see now is expected before bull run ensures, it have been seen in the past and it's a cycle that repeats itself, Bitcoin investment isn't supposed to be what that would be sustaining you, you're advised to have an emergency fund and only invest in Bitcoin with your spare funds that you wouldn't be needing for a while.

E still got get other digital assets wey go dey sustain the person, like me even if Bitcoin dips the more, my digital career is a more than enough asset to keep me full.
sr. member
Activity: 266
Merit: 205
Both of them are good and it will be nice if you can have both othem instead of depending on one only. Digital assest don't allow anyone to know how much that you have or if you are rich because there is nothing to show that you have an asset which makes me like it for privacy. I will like to invest in bitcoin first then later when I have accumulated enough Bitcoin, I can diversify into physical assets like bonds, stock, gold or real estate because currently bitcoin is the most rewarding investment and gives higher profits than any other investment.

The fact that both of them are good how affordable matters you need to have money to do either digital or physical assets, your plans will also determine which exactly you want to do and fit privacy and security reasons some people might consider digital assets since the ownership will be unknown compare to physical assets so both of them have their advantages. And that is another good suggestion having the both of them is likewise not a bad idea if you can afford the two. And am sure a lot of rich people have their own share of bitcoin, and even politicians acting as if they don't care, they all have serious interest in bitcoin, and sometimes they will like bitcoin so that they can hide their stolen funds their. In conclusion as far as it's an asset then it's a good choice then, either digital or physical.
Wetin you dy talk so no be lie, na the best way to go about it, digital asset and physical asset get their own advantage and disadvantages, but wetin I observe for wetin the op write is that, na only the advantage side him just talk about, and If you ask me, I go say na because of say na digital asset him interest dy, nai make him go mostly campaign for digital asset over physical asset, because I dy sure say their are some people wey go choose physical asset over digital asset everyday, so wetin I think is that na base on individual and how we see things, because we all dy look no doubt, but we dy see differently.

So the essence of wetin I think about all these is that, na to get both of them, so that if one dy lag behind, you go use the other one use hold ur side,  so having the both is the best.

Ok make we look wetin dy happen to Bitcoin now and how e dy fall in price today, right now, wetin go sustain you mostly now na ur physical asset, so having both of them dy very good, so as to strike a balance in ur finances, make e no just be one side something.

sr. member
Activity: 966
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Underestimate- nothing
Both of them are good and it will be nice if you can have both othem instead of depending on one only. Digital assest don't allow anyone to know how much that you have or if you are rich because there is nothing to show that you have an asset which makes me like it for privacy. I will like to invest in bitcoin first then later when I have accumulated enough Bitcoin, I can diversify into physical assets like bonds, stock, gold or real estate because currently bitcoin is the most rewarding investment and gives higher profits than any other investment.

The fact that both of them are good how affordable matters you need to have money to do either digital or physical assets, your plans will also determine which exactly you want to do and fit privacy and security reasons some people might consider digital assets since the ownership will be unknown compare to physical assets so both of them have their advantages. And that is another good suggestion having the both of them is likewise not a bad idea if you can afford the two. And am sure a lot of rich people have their own share of bitcoin, and even politicians acting as if they don't care, they all have serious interest in bitcoin, and sometimes they will like bitcoin so that they can hide their stolen funds their. In conclusion as far as it's an asset then it's a good choice then, either digital or physical.
sr. member
Activity: 490
Merit: 346
Let love lead
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.
Even with the high cost, physical assets are still subject to destruction at the emergence of unrests of any kind, you can see over the news in northern and western Nigeria how physical assets were destroyed and looted on the very first day of protest.

Physical assets drags attention easily unlike digital assets which you can have in abundance and still keep a low profile.

Taxation is more on physical assets than digital assets.

In as much as physical assets are good, I strive for limited physical assets and more digital assets.

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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.
Yes, I agree with you, Real estate is a very important aspect of investment, but you need to watch out where you make such investments and stay off troubled zones, so you don't end up losing them easily to violence, or not being profitable owing to unfavorable living and business conditions
member
Activity: 106
Merit: 17

It is obvious AlphaBoy is not paying attention because if he was, he will know that the situation he is describing is not reserved for bitcoin but everything that he enjoys now and will be going back to the primitive era. In other words, when we talk about investing in gold, many people thing it is buying and holding gold in their homes, a lot of them do not know that the physical golds are not kept at home but in vaults at the banks and in the advent of war they become inaccessible. A good number of gold investors do not even invest in physical gold but digital gold like it is traded in the stock market, gold ETFs and many other forms of internet related gold that is only workable through the internet. The internet generally govern most of these investments and without it, a lot of things will be in standstill.

I agree with you, but these are based on real stories I heard from a lot of people. Civilizations are a temporary illusion, and human instinct is the last ruler of society. Just as gold and silver have been money for over 7,000 years, they still will be. As for the so-called digital gold, it's not real at all. Just look at the downfall of eToro, and you'll see what I am talking about.
sr. member
Activity: 476
Merit: 307
When civilization collapses and internet & electricity become a luxury, your digital assets won't help you at all unless you have at least 1 million dollars' worth. This has happened a lot in wars, civil wars to be more specific.

When a civil war hits, it's only gold and silver, and maybe agricultural land, that are the assets important to everyone. So if you really want safety in all conditions, you should also hoard some gold and silver.
You can get yourself solar panels and batteries to power it. A war that will destroy the panels may likely make you not to take your gold and silver. Many people keep their gold and silver in banks or vault to secure it and war may not let them have access to it. Even people can steal the gold or silver during war because a lot of uncertain things can happen.
It is obvious AlphaBoy is not paying attention because if he was, he will know that the situation he is describing is not reserved for bitcoin but everything that he enjoys now and will be going back to the primitive era. In other words, when we talk about investing in gold, many people thing it is buying and holding gold in their homes, a lot of them do not know that the physical golds are not kept at home but in vaults at the banks and in the advent of war they become inaccessible. A good number of gold investors do not even invest in physical gold but digital gold like it is traded in the stock market, gold ETFs and many other forms of internet related gold that is only workable through the internet. The internet generally govern most of these investments and without it, a lot of things will be in standstill.
member
Activity: 158
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When you have digital asset you can make use of it any time wherever you are without restrictions or going to the bank ,as long as you can access the internet it is easy to store and access, but physical has to do with direct contact,digital assets reduce your cost of production and low transaction fees,you can buy and sell them easily and can be converted to cash very fast. It give right for investor to have a portfolio little by little like
Bitcoin ,asset can be bought bit by bit using DCA Strategy for accumulation of your coins. In terms of securing your asset,If you lost your seedphrase , it's very difficult to regain and can't be replaced with any other except the original one and can be attacked by virus,malware or fraudsters e.t.c,while physical assets can be replaced when stolen or damaged.
full member
Activity: 532
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~~snip~~

When comparing digital assets and physical assets, you will be ready to distinguish well because to me this serves as a persuading post just to make people have more interest in investing in bitcoin or buying online assets because you identify the very best advantages of online assets and forget to identify the advantages of physical assets and also their advantages.
 
You see, everything in this life has its advantages and disadvantages, and talking of keeping assets, you have to still think about other things based on the situation. Nigeria is going now. When you invest or have millions in bitcoin or any online investment, you have to keep all your information secret, which includes your seed phase and password, from everyone. Then what will happen to your investment if you have a sudden death like an accident? When you know you have a family, that means all your efforts will be in vain because not all of your family members will benefit from it, but if it is a physical investment or asset, all they need is to access your documents, and then they are covered.
sr. member
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If u choose digital assets, it will going to reduce so many things from u, things like shop rent, community bill, light bill, transport bill, government tax because is not control by d government, u don't need to have a shop before u can invest in digital assets, nobody will disturb u for light bill which are some points u need to consider before making your final decision between physical assets and digital assets. I no say many of us started from physical assets that make some of us to have d opportunity to no there are some potential digital assets in d industry that can bring profits like physical assets.

With d knowledge I have concerning digital assets these days, I guess I will choose digital assets because there will be no harassment of d plenty coins in your wallet, like d way EFCC use to harass some banks users with some plenty of money found in their bank account which such thing will never happen to digital assets users.
member
Activity: 106
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You can get yourself solar panels and batteries to power it. A war that will destroy the panels may likely make you not to take your gold and silver. Many people keep their gold and silver in banks or vault to secure it and war may not let them have access to it. Even people can steal the gold or silver during war because a lot of uncertain things can happen.

Solar panels aren't exactly cheap nor that reliable, and only foolish people put their gold and silver in banks; you can dig a hole.

I saw this in a lot of conflicts around the world, ones that started in the early days of crypto, like the Syrian civil war, and one that started after the crypto boom, like the Russo-Ukrainian war. In both wars, crypto did not surpass gold and silver at all, except for those who had millions worth of it. It's not just about you; it's about the buyer. It will be really hard to find buyers from within the country who will pay market price. The only option here is the trading platforms, and those will charge some fees.

So unless you have at least one million worth of crypto, it's not worth it to save up in a war.

always remember the words of JP Morgan:
“Gold is money. Everything else is credit.”
legendary
Activity: 1652
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Gamble responsibly
When civilization collapses and internet & electricity become a luxury, your digital assets won't help you at all unless you have at least 1 million dollars' worth. This has happened a lot in wars, civil wars to be more specific.

When a civil war hits, it's only gold and silver, and maybe agricultural land, that are the assets important to everyone. So if you really want safety in all conditions, you should also hoard some gold and silver.
You can get yourself solar panels and batteries to power it. A war that will destroy the panels may likely make you not to take your gold and silver. Many people keep their gold and silver in banks or vault to secure it and war may not let them have access to it. Even people can steal the gold or silver during war because a lot of uncertain things can happen.
member
Activity: 106
Merit: 17
When civilization collapses and internet & electricity become a luxury, your digital assets won't help you at all unless you have at least 1 million dollars' worth. This has happened a lot in wars, civil wars to be more specific.

When a civil war hits, it's only gold and silver, and maybe agricultural land, that are the assets important to everyone. So if you really want safety in all conditions, you should also hoard some gold and silver.
jr. member
Activity: 43
Merit: 5
All your points are realistic and true but I particularly like point #2. I always used to be bothered with the idea of having a physical investment like a building in a foreign land.  Because when you age and choose to relocate back home you can't move these buildings with you.

And of course you can sell them but what if you have this connection with the property that you don't feel like selling it. But with digital assets you don't have to worry too much about selling your assets when you want to relocate because you literally move with them all-day everyday.

Also, the fact that it is not subject to government tax issues is a high relief because this our country can come after someone's hard work like village people tipped them. 
legendary
Activity: 1512
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Leading Crypto Sports Betting & Casino Platform
    Disadvantages of digital assets:
    • Security concerns: This na the highest concern because anything digital can be hacked from you when you no protect yourself well. For example if you go dey use online wallets or exchange to store your Bitcoin instead of a non custodial wallet.
    • High Volatility etc
    Some people wants to go into cryptocurrencies but they do not learn about online security and privacy. I feel more secured with digital asset like bitcoin because I can protect the coins and also have privacy. Just as a building can not be stolen, I can make bitcoin protection to be stronger than that. I can compare the protection to as long as this world is not destroyed, no one can compromise my bitcoin wallet.
    member
    Activity: 182
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    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.
    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.



    I really agree with you what you said, digital asset is becoming more adopted though they are both important and useful as far as life is exist but however, the global world are tremendously increasing and advancing technology on daily basis, digital asset are more easily accessible anywhere and anytime as when compared with physical assets and it makes life more easier, it saves time and energy but perhaps both the digital asset and physical asset have their advantages and disadvantages and they are both contributing to making life meaningful.
    Digital asset make life easy for both the customers and the buyer, within a second transaction is done without one running from pole to pole in looking for change. The only disadvantage of digital asset is poor network, poor network causes fail transaction, which frustrated both parties. But is the best in this modern world,  imagine Nigeria in February 2023 without digital asset transaction. When physical assets was scared for citizens,  the only means of buying and selling was through digital assets. The change of new currency made many market women to covert their physical assets to digital till date, beside physical assets attracts criminal,  once they see you with cash ,they will attack you, but with digital assets no one will know about it. Is good to have both in the house in case you have get something that requires cash.
    sr. member
    Activity: 392
    Merit: 329
    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.
    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.



    I really agree with you what you said, digital asset is becoming more adopted though they are both important and useful as far as life is exist but however, the global world are tremendously increasing and advancing technology on daily basis, digital asset are more easily accessible anywhere and anytime as when compared with physical assets and it makes life more easier, it saves time and energy but perhaps both the digital asset and physical asset have their advantages and disadvantages and they are both contributing to making life meaningful.
    legendary
    Activity: 2478
    Merit: 4341
    eXch.cx - Automatic crypto Swap Exchange.
    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.

    You try but you for add the disadvantages because irrespective of how good a physical asset be, e get e own bad side and na wetin me go like focus on for this my reply as I see say everybody dey take about the advantages and supporting you in one way or the other. I go also talk about the disadvantages of digital assets too so we fit know how to balance the whole thing by having both and not only depending on one. Some of the disadvantages includes.

      Physical Assets disadvantages:
    • Cost of maintenance: Physical business like land, rental apartments etc cost to maintain.
    • Extra expenses for purchase: E no get any physical assets wey you wan get wey no go cost you more to buy because of extra charges from different areas.
    • Could easily be damaged/stolen or you lose them to legal battles.

      Disadvantages of digital assets:
    • Security concerns: This na the highest concern because anything digital can be hacked from you when you no protect yourself well. For example if you go dey use online wallets or exchange to store your Bitcoin instead of a non custodial wallet.
    • High Volatility etc

    Just diversify to avoid all wahala, no put all your eyes for one basket or na you go regret am when one mistake make you to lose everything. Have both physical and digital assets because they both have their benefits and disadvantages. Digital assets can make you richer faster but physically assets serves as a safe heaven.
    sr. member
    Activity: 546
    Merit: 342
    Please I think I would like to correct you on that note of assets being asset when if it's the general comparison then I can understand but if we are looking at particularly digital asset alone then the context of that your statement would be greatly challenge because there are whole a lot of shit project that one can't even call an asset that's if you are naive enough to even put your money on them.
    Na wetin some people no know be that, for example, you fit see person wey go dey advise their friends make dem buy crypto, with the promise say dem go make money if dem buy am. This person no go tell the friends say we get so many crypto and a lot of dem na shitcoin or scam coin, dem go just dey talk about crypto generally. Saying "assets na assets" no make sense, no be everything be asset, and some na just trap for you to lose money.
    People wey don get involved because of this same mentality plenty well well oo and a lot of them sef are to be blamed because you no fit tell me say person dey introduce you to something and  you no fit come make research about the thing yourself, because na only when you research about something na you go know the little for yourself. The crypto space dey very broad and many people dey pin all to Bitcoin where as there are millions of worthless shit project wey dey to scam person.
    hero member
    Activity: 588
    Merit: 466
    Hire Bitcointalk Camp. Manager @ r7promotions.com
    I believe that investment in physical as well as digital assets is a great combination to secure the kind of wealth that would last generations.
    Afterall, we live in a physical world and of course physical assets can easily be insured and gained from in times of disasters or as it regards recovery of lost and misplaced documents.

    You have spoken my mind because in as much as we lived in digital world doesn't mean that we should channel everything into digital investment so the right way about it is through diverse investment that comprises of both physical and digital because there are so much opportunities presented physically for people who are ready to invest with a good chances of making profits on the daily basis, so actually is sad that most people do not realize that physical business is also one of the best way to become successful in live.

    Though I understand that there some certain factors that always prevent most people from investing digitally either lack of digital investment awareness or lack of knowledge on identifying the right digital investment to venture into because in as much as digital investment presents a lot of opportunities for people to invest, there are also many wrong ones so the moment an investor make any mistake of chosen the wrong one everything is gone, which is also one of the reasons people are finding it difficult in chosen digital investment unless those who already understand how it works.
    sr. member
    Activity: 616
    Merit: 414
    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.

    Yea, showing an intending investor proves of what you have achieved so far in digital investment may stand as a convincing tools in luring him or her to the investment, as for me the major aspect of digital investment that I like is the fact it is inflationary free, although I so much privacy which is also one of the qualities of digiatal currency, as for shares it is no no for me, landed properties is a good asset, expecailly land does not depreciate, the only thing that can be renovated is the house and it will be done to meetup with the current facilities to attract people to rent or buy the house as the case may be, if possible one can still go for both the physical and digital asset but it all depends on the physical asset thats involved.
    hero member
    Activity: 700
    Merit: 577
    Enjoy 500% bonus + 70 FS
    It is not all the digital investments are good and before you invest in any online business you have to k ow the advantages and the disadvantages of the business before you embark on it. Now most people have chosen bitcoin and more will still choose it without knowing the precautions. From my experience you can't make 1, 000,000 naira from Bitcoin investment but you can have that in Estate business. You can see how it works out.

    If you invest in bitcoin with 1 million Naira, in the dip then you have to wait for the bull run to have your profit and that can take two or more years. But in real estate business you can have that one million Naira within a month or two. You buy a house with 3 millions and sell it out with either 4.5 millions or 5 millions.
    hero member
    Activity: 658
    Merit: 562
    Both of them are good and it will be nice if you can have both othem instead of depending on one only. Digital assest don't allow anyone to know how much that you have or if you are rich because there is nothing to show that you have an asset which makes me like it for privacy. I will like to invest in bitcoin first then later when I have accumulated enough Bitcoin, I can diversify into physical assets like bonds, stock, gold or real estate because currently bitcoin is the most rewarding investment and gives higher profits than any other investment.
    legendary
    Activity: 2184
    Merit: 1302
    Playbet.io - Crypto Casino and Sportsbook
    Please I think I would like to correct you on that note of assets being asset when if it's the general comparison then I can understand but if we are looking at particularly digital asset alone then the context of that your statement would be greatly challenge because there are whole a lot of shit project that one can't even call an asset that's if you are naive enough to even put your money on them.
    Na wetin some people no know be that, for example, you fit see person wey go dey advise their friends make dem buy crypto, with the promise say dem go make money if dem buy am. This person no go tell the friends say we get so many crypto and a lot of dem na shitcoin or scam coin, dem go just dey talk about crypto generally. Saying "assets na assets" no make sense, no be everything be asset, and some na just trap for you to lose money.
    sr. member
    Activity: 476
    Merit: 230
    God is All
    In my own view assets is assets,but there are risk involved in both sides.is better having both assets it help, because any might be needed at anytime.if you have a digital asset and you need finance for something you can trade and and get cash to solve your problems fast.cause you can sell your digital asset and get t paid immediately.but physical might take little time or days to actualize.but digital has more higher risk than physical cos you can lose it in a twinkle of an eye.
    Please I think I would like to correct you on that note of assets being asset when if it's the general comparison then I can understand but if we are looking at particularly digital asset alone then the context of that your statement would be greatly challenge because there are whole a lot of shit project that one can't even call an asset that's if you are naive enough to even put your money on them.
    legendary
    Activity: 2184
    Merit: 1302
    Playbet.io - Crypto Casino and Sportsbook
    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.
    No be every digital asset make sense na, for example, e get altcoin wey you go buy now and before you know it, the coin don lose all of its value. Bitcoin na good digital asset to buy, but remember say no be all digital asset make sense nor can give you good ROI.
    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.
    You can still buy physical assets like real estate without too many people knowing, e get people wey own lands and properties, but their spouse no even know, e just depend on your personality and how private you like to stay.
    3. It's not subject to government regulations or environmental issues
    So many digital assets are subject to government regulation.
    jr. member
    Activity: 62
    Merit: 7
    In my own view assets is assets,but there are risk involved in both sides.is better having both assets it help, because any might be needed at anytime.if you have a digital asset and you need finance for something you can trade and and get cash to solve your problems fast.cause you can sell your digital asset and get t paid immediately.but physical might take little time or days to actualize.but digital has more higher risk than physical cos you can lose it in a twinkle of an eye.
    sr. member
    Activity: 756
    Merit: 276
    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.

    OP just like you rightly said, some persons are centuries behind, so I wouldn't blame them too much for their ignorance, what I do most times is to lecture those person's I know that don't  have idea about digital asset, so they too can know the benefits that comes with it. For some of us in Nigeria, we most recognise that this is still a developing nation, some person's mindset are still fixated to a certain belief system, so it will take a gradual process to change it.

    Digital asset like Bitcoin is a personal asset that is hidden from the eyes of the public, as most of the investors enjoys their personal investments privately to reduce too much attention from people, meanwhile in the psychology and mindset of some of our country men, you most have physical assets that their eyes can see before they can agree with you that you've made investment somewhere that is what while, which for me I don't blame them because that is the kind of information they are prone to.

    But in choosing between digital asset and physical assets, I will likely choose both, because there is nothing wrong in having digital asset and also having physical assets too, they are both investment and is mostly advisable that as an investor it is always good to diversify your investment.
    sr. member
    Activity: 630
    Merit: 291
    Bitcoin in Niger State💯
    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.

    I agree with you on this sir and I think aside from the freedom aspect of the decentralized system of bitcoin we look at, the financial security of the blockchain technology is one thing we must equally appreciate. Where the problems lie most of the times is many of users do not have right information on how they can secure their digital assets and end up losing up funds unnecessarily.

    Quote
    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.

    Even the real estate and land business kind of have its own risk. Many people end up investing on properties that are government owned or encroachment and since some don't have the much information to do so. However, as far as investment is concerned, properties is one of the least risky. In a country where things are more documented and straightforward, such kind of issues would have been mitigated.
    sr. member
    Activity: 980
    Merit: 237
    Though Digital asset is good, but we can not underestimate the physical assets. Physical asset has its role to play in the physical world. While the digital has it role to play in the digital world, both are unique in there ways and 1 can never be neglected over the other. For example you talked about advantage of digital assets as something that can be controlled with your phone at anywhere in the world provide you have your keys/pass phrase with you, but you forgot that if you lost access to your wallet, all your asset are gone. But if you have physical assets like land or company and you lost documents to your physical assets you might swear an affidavit of lost of documents and your asset will still be available but it can not be so in digital assets like bitcoin.

    Physical asset can never be neglected because If everyone happens to invest in only digital asset, who then will invest I properties? Physical asset like factory or company can be used to generate income and invest in bitcoin. Despite digital asset is now the new way or form of investment we should not forget that physical assets is the origin of man kind like Barack of soldiers, where soldiers goes and come yet Barack still remain thesame. I want to ask you one question, what if you are trying to send your asset and mistakenly sent your asset to someone else since wallet address doesn't come with account number what will you do at that point? This video is am about to show you is a case similar to my explanation click here. So in summary we should not neglect the physical asset because they are aid to our bitcoin journey, even without regular job or money generated from our physical asset we can't be able to even invest in bitcoin through DCA.
    Your thoughts in the first paragraph of your comment resonates with the school of thought that supports the idea of investment in multiple sources of income inorder to grow wealth or stay wealthy.

    I believe that investment in physical as well as digital assets is a great combination to secure the kind of wealth that would last generations.
    Afterall, we live in a physical world and of course physical assets can easily be insured and gained from in times of disasters or as it regards recovery of lost and misplaced documents.
    sr. member
    Activity: 504
    Merit: 389
    The great city of God 🔥
    Though Digital asset is good, but we can not underestimate the physical assets. Physical asset has its role to play in the physical world. While the digital has it role to play in the digital world, both are unique in there ways and 1 can never be neglected over the other. For example you talked about advantage of digital assets as something that can be controlled with your phone at anywhere in the world provide you have your keys/pass phrase with you, but you forgot that if you lost access to your wallet, all your asset are gone. But if you have physical assets like land or company and you lost documents to your physical assets you might swear an affidavit of lost of documents and your asset will still be available but it can not be so in digital assets like bitcoin.

    Physical asset can never be neglected because If everyone happens to invest in only digital asset, who then will invest I properties? Physical asset like factory or company can be used to generate income and invest in bitcoin. Despite digital asset is now the new way or form of investment we should not forget that physical assets is the origin of man kind like Barack of soldiers, where soldiers goes and come yet Barack still remain thesame. I want to ask you one question, what if you are trying to send your asset and mistakenly sent your asset to someone else since wallet address doesn't come with account number what will you do at that point? This video is am about to show you is a case similar to my explanation click here. So in summary we should not neglect the physical asset because they are aid to our bitcoin journey, even without regular job or money generated from our physical asset we can't be able to even invest in bitcoin through DCA.
    hero member
    Activity: 812
    Merit: 560
    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.
    full member
    Activity: 518
    Merit: 227
    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.
    sr. member
    Activity: 546
    Merit: 265
    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
    sr. member
    Activity: 476
    Merit: 435
    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.
    hero member
    Activity: 980
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    Leading Crypto Sports Betting & Casino Platform
    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.
    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.
    jr. member
    Activity: 242
    Merit: 7
    Axioma Holding - Axioma Pay Crypto Card
    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.
    hero member
    Activity: 1190
    Merit: 799
    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.
    full member
    Activity: 162
    Merit: 104
    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.
    full member
    Activity: 714
    Merit: 174
    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.
    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.

    hero member
    Activity: 1022
    Merit: 600

    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.
    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.

    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.

    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.
    member
    Activity: 87
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    Reward: 10M Shen (Approx. 5000 BNB) Bounty
    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.

    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.

     
    sr. member
    Activity: 700
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    Hope Jeremiah 17vs7
    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.

    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.
    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.
    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. 
    legendary
    Activity: 1512
    Merit: 4795
    Leading Crypto Sports Betting & Casino Platform
    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.

    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.
    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.
    full member
    Activity: 266
    Merit: 133
    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.
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