Topic: Would you prefer to own a luxury watch or invest in bitcoin or other assets? - page 10. (Read 1461 times)
July 10, 2023, 02:27:18 PM
On a real sense how would someone prefer watches than bitcoin that will yield value to you. Watches I know are very expensive and may increase in value price but there's no assurance than such watch would still maintain it's value in time to come because I know that the more days passes by the more newer version of watches are being produced which might likely dropped value of the watch you already own. Why not use that money to buy and hold bitcoin for at least few years and enjoy the benefits of holding bitcoin. However, someone like me do not believe in luxury watches and I found it very difficult to have any since my smartphone is there for me to check and tell my time and I am always on phone so it's very hard for me to use a wrist watch.
July 10, 2023, 02:09:54 PM
When you wear the luxury watches,it help to get a good girlfriend.
It's because it's also like a status symbol and women wants to have a man that has the sign that it can provide for them.But you keep all the savings in the investment and earned huge from it.It allow you to do build your own house.Then it allow to keep the big money in your bank balance.So you get a beautiful wife which is essential one.The investment gives you a beautiful wife which is essential one for all the people.Even you can keep all your savings into the gold,which had more value in long run.
It all ends up that it only shows that a man who has investments and luxury watches doesn't have to worry about what they should eat tomorrow. But it's just not all about having a wife because you've got investments and you are good from it. Yet, it's about how good you are in choosing investments and whether you know how to play this game because it's not just for your future but for your family. If given a chance to have a luxury watch, why not? I'll have it after making decent profit in the next bull run if I've got no other important things to spend my money on. 
July 10, 2023, 01:05:21 PM
If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
For now I'm only interested in investing, only in bitcoin and gold. Because in my opinion, these two assets have the most potential compared to other assets. I also have my own reasons why I only choose and are only interested in choosing these two assets. The first reason, why I chose these two assets (bitcoin and gold), is because these two assets are very accessible with the finances that I currently have. Because they are different from luxury watches or real estate, these two assets are very expensive and at this time I cannot afford to buy or invest in these assets. The second reason, in my opinion, bitcoin and gold are very multifunctional assets. For example, gold can be used for jewelry, can also be used for materials for making electronic devices, and can also be used for human health or beauty. Then for the multifunction that bitcoin can do, it can become a very broad payment system to any country. And that's why bitcoin and gold are the investment assets that I choose and can be said to be what I like right now. 
July 10, 2023, 12:11:55 PM
Having luxury watches or any luxury stuff are just not my thing and even it's just for investment then I'd not ever think or bother about that. In here, most of us have gold for the assets instead of luxury stuff especially with the high level of thief. It's just a not normal thing to have in here because of the society and stuff. Bitcoin, gold or any stocks would be my pick here instead of having some physical luxury stuff.
Diversifying is the reason we make investment in various things and investing in luxury could be one of those things. If you don't like luxury it doesn't mean it isn't a good way to make investments. The wealthy individual invest in luxury because they know how valuable they can become in the future. Just imagine owning one piece of a watch that has a limited supply and the company stop manufacturing and it becomes a rare collectables in the future.
The rich know the true value of luxury that's why they're investing in them, they do it as a show off and also a way to secure their wealth but the poor individual invest just to show off and that's why they don't buy the rare collections but buy what's trending and they lose money.
July 10, 2023, 11:15:38 AM
Jewelries are good investments as well so if you would be left to choose between this technology and a luxury watch then eitherway would be a good choice and will just depends on your preference. As we all know there's a huge difference with profit potential and risk from doing so. Differences also consists of utility wherein a watch could be worn at any time of convenience. On the other hand, Bitcoin will only be used if you're in a country wherein this technology is widely accepted. Being tangible, recognition from government, and volatility of their market prices are the bottomline in this argument.
July 09, 2023, 03:48:00 PM
I believe those people who only invest in luxury watch have a lot of spare money that they can easily spend it even in things that are less useful in reality. It’s less useful because eventually, the market will develop new luxury items in the future and those would be better and certainly more expensive than what you had, so it’s value might seem to depreciate as time goes by. However with bitcoin, regardless if it’s price volatility, it’s a certain fact that bitcoin will be more costly and expensive in the future, hence those who bought at its lower price might definitely sell them and gain huge profits. That’s the best thing about bitcoin, and you will never be in a loss as long as you have the patience to hold bitcoin as your long term investment.
July 09, 2023, 03:45:30 PM
When you wear the luxury watches,it help to get a good girlfriend.But you keep all the savings in the investment and earned huge from it.It allow you to do build your own house.Then it allow to keep the big money in your bank balance.So you get a beautiful wife which is essential one.The investment gives you a beautiful wife which is essential one for all the people.Even you can keep all your savings into the gold,which had more value in long run.
July 09, 2023, 03:44:21 PM
If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
It may not be right to put all your money in one investment instrument. Of course, if you have money above the normal level. If you have a normal income, you can make a single choice. The only disadvantage is that sometimes crypto may not rise for a very long time. This is true for all investments. Some years provide a great advantage for some investments while others provide no advantage at all.
I like to turn to investment instruments that I see advantages rather than a single investment instrument. In doing so, I will never give up bitcoin.
July 09, 2023, 02:59:22 PM
Luxury watches at the top end of the market can be considered as an alternative form of investment. While I don't possess extensive knowledge about watches, my understanding from available information suggests that reselling them can yield a substantial profit. The return on investment for luxury watches tends to be quite satisfactory. Prominent examples of such watches include Patek Philippe, Rolex, and Audemars Piguet, some of which have a waitlist spanning two years. Most of these watches tend to appreciate in value.
However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
As long you do own things which does have that kind of appreciation in value over time and not something that would be having that decrease then it would really be a good idea. It is really that good However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
to own different things which it isnt really that focused on a single point of investment on which you do have tons of options or the things you do own and not only one. If you do bought a watch
and having that kind of value which it doesnt really that drops then go ahead because you wouldn't really be purchasing these stuffs if it wasnt really that your interest.
Invest on something which does have that kind of potential when it comes to increasing value on which we do know that it isnt something that a bad idea on doing so.
Sometimes its not bad to buy something or a thing or material on what we do love, it is really just that there are people who do give out importance on every buy that they do make.
July 09, 2023, 02:49:35 PM
Luxury watches at the top end of the market can be considered as an alternative form of investment. While I don't possess extensive knowledge about watches, my understanding from available information suggests that reselling them can yield a substantial profit. The return on investment for luxury watches tends to be quite satisfactory. Prominent examples of such watches include Patek Philippe, Rolex, and Audemars Piguet, some of which have a waitlist spanning two years. Most of these watches tend to appreciate in value.
However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
It's like anything at a certain level, yes - watches can be profitable, like whisky and like artworks. However I assume you are asking whether to buy a watch as a competing option to investing in crypto, not just because you like watches? If you want to make a hobby out of buying and reselling watches, like most things it takes time to learn along with many pitfalls that you can fall in. I believe there will be plenty of fakes, of varying quality, circulating out there and unless you are an expert it might be hard to spot. They might also take a long time to appreciate, like 5 or 10 years, so the turnaround time is unlikely to be quick and you might even end up having to liquidate at a loss if you need fast money.
July 09, 2023, 02:41:30 PM
In my personal opinion I think that luxury goods are not for everyone, not everyone can afford them. Even then let's talk about my decision on it , if I have availability to buy hat kind of watch I will not invest on it, if that can be different from one person to person. But with effective thinking, I think it is wise to invest your money in productive avenues instead of investing in these things which can be useful for future. Moreover, there is no obligation to invest in Bitcoin, any amount can be invested by any person. So I will choose Bitcoin for my investment.
July 09, 2023, 02:22:41 PM
The term itself have the word luxury which means it is something that is being used by elite group of people. The luxury things used by people were demanding among the specific group of people. So, the value of the product won't be so demanding and the price won't appreciate much with time. The better choice is always bitcoin, and the luxury watches weren't good choice of investment.
Luxury Watches were considered as investment by people who had good sum of amount after meeting all their needs. In my understanding when there is inflation hard hit around the world, people will be thinking about the survival and not about the luxury holdings. It is all between the different class of people.
Luxury Watches were considered as investment by people who had good sum of amount after meeting all their needs. In my understanding when there is inflation hard hit around the world, people will be thinking about the survival and not about the luxury holdings. It is all between the different class of people.
July 09, 2023, 02:07:15 PM
Having luxury watches or any luxury stuff are just not my thing and even it's just for investment then I'd not ever think or bother about that. In here, most of us have gold for the assets instead of luxury stuff especially with the high level of thief. It's just a not normal thing to have in here because of the society and stuff. Bitcoin, gold or any stocks would be my pick here instead of having some physical luxury stuff.
Owning luxury stuff has been on trend nowadays because they can easily increase their value for years but as for me, Bitcoin would be profitable. I can also see the risks in buying luxury items becsuse they lessen their value once they got damaged for being stocked in a long time or for being overused.
Bitcoin would be my top preference when it comes to investment because first, it can increase its value faster which could help us generate a better profit, second is because it is far from the risk of being damaged since it's a digital currency. However, we can always have the investment of our choice as long as we could handle and deal with their risks.
July 09, 2023, 01:51:53 PM
Having luxury watches or any luxury stuff are just not my thing and even it's just for investment then I'd not ever think or bother about that. In here, most of us have gold for the assets instead of luxury stuff especially with the high level of thief. It's just a not normal thing to have in here because of the society and stuff. Bitcoin, gold or any stocks would be my pick here instead of having some physical luxury stuff.
July 09, 2023, 01:31:43 PM
I'll have my priorities in the list in particular order.
1. Bitcoin
2. Real estate
3. Stocks
4. Luxury watches
5. Gold
With the last which is digital assets, what do you mean by this, NFTs? We've got already the stocks, maybe REITs are one of it. Aside from that, artworks as well, collectible cards (NBA, Pokemon, etc.).
1. Bitcoin
2. Real estate
3. Stocks
4. Luxury watches
5. Gold
With the last which is digital assets, what do you mean by this, NFTs? We've got already the stocks, maybe REITs are one of it. Aside from that, artworks as well, collectible cards (NBA, Pokemon, etc.).
My priorities are a little bit different:
1. bitcoin
2. bitcoin
3. bitcoin
4. bitcoin
5. cash
That's all I need in life to be honest. Some bitcoin and some cash to spend when bitcoin is in a bear market or when the seller doesn't want to accept bitcoin.
I don't care about jewelry at all, as I don't wear any and my wife doesn't like it either. She doesn't even wear our wedding ring as it's impractical and only collects new scratches every day.
I have a watch but it's a sports watch because all I really need in a watch is that it shows time in situations where I can't use a phone and is water/shock proof. I'm a practical person.
July 09, 2023, 01:21:45 PM
Obviously, it's better to invest in any asset as compared to putting your money in such stupid things. Infact I feel it's never worth it to invest into depreciating assets. But yes there is one small difference or exception, if you really are interested into a certain thing and are saving for one specific thing then it's better to go with that specific thing only, no point keeping on investing by killing your dreams and choices.
There are people in world who have likeness for things like cars, watches, pets etc and they spend huge money on them. I don't see any odd thing in doing so as everyone of us has the right to enjoy the life and fulfill our desires. If you have extra money then you can go and buy things you like but never do such things if you are short of cash or from borrowed money. If you have to invest then then Investing in bitcoin is the safest option but for long term.
July 09, 2023, 01:02:57 PM
If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
As someone who values functionality, I believe there is no need to invest in expensive watches. Whether a watch is expensive or affordable, both serve the same primary purpose: to tell time.If the intention behind buying a watch is for investment purposes, I lean more towards alternative investments based on percentages. However, this decision ultimately depends on the budget available for investment.
Nevertheless, when comparing watches to the highest tier of investments, I prioritize real estate and Bitcoin. In terms of percentage allocation, real estate takes precedence with a higher percentage. This choice aligns with my personal needs, as I require a dwelling for my small family in the foreseeable future.
July 09, 2023, 01:00:16 PM
I don't think living a life of luxury makes us better people. In fact, money has never even come first in societies with virtue ethics. However, of course, I admit that we always need some money, but money is no more important than the values that make us who we are, and a life spent chasing money is a life wasted. I think I have completed myself lately and no matter how much money I make, I will never change my personality and character. Replying to the topic in this context, I always prefer a few crumbs of Bitcoin over any quality watch.
I wonder if anyone here will choose a watch? You need to be someone who loves expensive watches, I'm not that kind of person, I have other values, I don't feel any attraction to expensive things, for me the main thing is practicality and comfort. Of course, I will choose bitcoin, because this choice will allow me to get much more than expensive watches in the future. And in fact, I only wear a watch sometimes when I'm exercising, because I don't like wearing a watch. 
July 09, 2023, 12:44:00 PM
I will still invest in Bitcoin over others or maybe I will choose gold as another option because gold is a relatively stable investment compared to other investments. I do not know watches so I won't go for it for now.
Investing in Bitcoin has been my choice for a long time because we can control how much money we can afford to invest. And even though the price of Bitcoin will still fluctuate, I think it's okay because the price of Bitcoin has the opportunity to increase greatly in the future. And that is why many people also choose to invest in Bitcoin because the return on investment can increase many times.
And I'm also not very interested in luxury goods because that could invite bad people to rob it. So keeping Bitcoins would be better for me because I can hide the wallet somewhere only I know.
You know, this is an investment between what you can see and wear and what is not visible with other people, so of course I would always chose to invest in an investment that only myself knows. And that is bitcoin, simply because you can keep and hide it, and when it’s price surges high, you can always take some portion to sell and even diversify into another form of investment that is highly appreciating. While luxury watches is also a form of good investment, but only for those who love to show off everything so that people can tell that they are living luxuriously, but when it comes to profiting, I don’t think its price can give very high returns in the future no matter how you try to keep it knowing most of the physical investments that shows luxury will only depreciate its value once it’s new one arise and becomes the current trend. Investing in Bitcoin has been my choice for a long time because we can control how much money we can afford to invest. And even though the price of Bitcoin will still fluctuate, I think it's okay because the price of Bitcoin has the opportunity to increase greatly in the future. And that is why many people also choose to invest in Bitcoin because the return on investment can increase many times.
And I'm also not very interested in luxury goods because that could invite bad people to rob it. So keeping Bitcoins would be better for me because I can hide the wallet somewhere only I know.
July 09, 2023, 11:59:47 AM
Why should you have to choose, if you can diversify and invest in all of that? I divide my investment portfolio into three categories, low / medium and high risk investment.... so that it is more balanced.
I will rather have a balanced portfolio with some investments in "safe heavens" and then some investment in a high risk category... that might yield much higher profits. Bitcoin is a high risk investment with the possibility of very high profit.
I will rather have a balanced portfolio with some investments in "safe heavens" and then some investment in a high risk category... that might yield much higher profits. Bitcoin is a high risk investment with the possibility of very high profit.
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