Topic: Would you prefer to own a luxury watch or invest in bitcoin or other assets? - page 5. (Read 1461 times)
July 20, 2023, 01:16:45 PM
The best way to buy any luxury such as a watch is to purchase a luxury with the profit or money you have made from investment, meaning I prefer to invest in Bitcoin to owing a luxury watch. The amount of money that I will use for the purchase of a watch if I invest that funds in Bitcoin It could buy that luxury watch x2 in the future, Though there is also a possibility that I won't make a profit, the probability is low if I hodl.
July 20, 2023, 12:03:01 PM
Im not a fan of luxury, so will choose investing in bitcoin, digital assets, gold etc. A simple watch is what i needed, they tell same time. Yes, luxury watch can be considered as form of investment (they are made of gold/silver and studed with different kind of precious stone) and appreciated over time.
This luxury watch is included in a piece of jewelry that is usually hunted more by rich people and also collectors of luxury goods in this world. Because watches with the highest level of luxury are usually not created in very large quantities, so there is a certain limit to these items and that is what causes them to be very expensive apart from the elements contained in them, such as gold and silver and even diamonds or pearls. So the price will also tend to last and may even increase when the watch is being chased by many rich people.
Whereas simple people or people who are still poor, of course, will prefer other assets that are no less useful to them and can also be considered as a better investment vehicle, as in the example of Bitcoin. So this always depends on the choice of each person accompanied by what kind of needs they want so that they can make their own choices through very mature consideration, of course. And I think there's nothing wrong in this as long as one knows how to choose the best for himself.
July 20, 2023, 11:15:11 AM
Well everyone has a different interest in this. And usually social environmental factors and social strata are also involved in this. That is, usually those who like to invest in luxury watches are those who are mostly from people who have middle and upper economic conditions. whereas the lower middle class usually don't want to invest in luxury watches it may not even be in their mind to invest in luxury watches at all. There are also those who really do it because of hobbies and such. But I personally also fall into the category of people who don't like investing in luxury watches. Well investing in bitcoin is currently still my top choice in the digital world.
The majority of people investing in luxury watches are collectors who will hunt for limited and rare items because they assess that there are aspects of profit if purchased for long-term investment, but you need to know that they are high-class economic investors because they already have major investments in land, gold, properties and more, they have diversified investments for different profit opportunities thereby leveraging the hobby watch collector for a sure investment for high profit potential. 
July 20, 2023, 10:38:10 AM
Ive also watched some documentaries about those businesses that sell rare and luxurious watches in New York. Most of them also accept Bitcoin as their payment method, and most of their clients are rich, influencers, big politicians, and mostly wealthy people from other countries. They are making a big and even pandemic hit, but they still have clients purchasing it. Meaning this kind of business is really good if we know it, but again, we are not knowledgeable on this kind of business and also need huge capital, so we prefer to choose bitcoin as we already have background on it.
Bitcoin will still be more suitable for all of us because it is easy for us to invest in it, even for low income people. However, we should also not exaggerate about bitcoin and disparage other businesses. Bitcoin has brought wealth to many people, but that number is insignificant compared to the entrepreneurs who have succeeded in the world through business and investment in other fields. Bitcoin is an opportunity for us to catch up with the rich, but don't underestimate them and brag when we don't have any significant results yet.This is why it's important to save as much as you possibly could so that you could make some money from it. I know that it's not easy, people just want some stuff and want to live and do not want to miss life and say "I will live only once" and do stuff, but that's going to hurt you in the future and prevent you from becoming rich.
July 20, 2023, 09:48:59 AM
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If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
Since I am currently involved with cryptocurrencies, it is certain that I will always prefer Bitcoin as an investment. Although buying a luxury house may not fetch any good profit in future but it will be a sight to behold. And if I invest in Bitcoin as a digital asset then there is a hope that I can get a lot of profit from it in the future. Many times people invest their money in gold and hold it for a long time to earn a good profit. Basically gold is a real asset which is very much attracted by everyone in the world so it is good and profitable to invest in this gold. But if I invest my money then I will do it in digital assets because Bitcoin is currently the most trusted digital currency. And this bitcoin will become more expensive than gold at some point where people will invest more in bitcoin than gold. We've seen bitcoin rise in value more than gold in the past and we'd expect it to outperform gold in the future when the value of bitcoin rises. So I will definitely invest directly in Bitcoin without thinking about investing in other things that will help me earn money in the future. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
July 20, 2023, 06:05:58 AM
Im not a fan of luxury, so will choose investing in bitcoin, digital assets, gold etc. A simple watch is what i needed, they tell same time. Yes, luxury watch can be considered as form of investment (they are made of gold/silver and studed with different kind of precious stone) and appreciated over time.
Well everyone has a different interest in this. And usually social environmental factors and social strata are also involved in this. That is, usually those who like to invest in luxury watches are those who are mostly from people who have middle and upper economic conditions. whereas the lower middle class usually don't want to invest in luxury watches it may not even be in their mind to invest in luxury watches at all. There are also those who really do it because of hobbies and such. But I personally also fall into the category of people who don't like investing in luxury watches. Well investing in bitcoin is currently still my top choice in the digital world. 
July 20, 2023, 05:46:02 AM
Im not a fan of luxury, so will choose investing in bitcoin, digital assets, gold etc. A simple watch is what i needed, they tell same time. Yes, luxury watch can be considered as form of investment (they are made of gold/silver and studed with different kind of precious stone) and appreciated over time.
July 20, 2023, 02:24:45 AM
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 simple I would prefer to invest in something I have substantial knowledge and experience on. The issue with investment most at times is people tend to invest in what they do not have knowledge about even if that business is lucrative, without proper knowledge it will not yield the desired profits.
Bitcoin which is my pick is easier is to understand and doesn’t need middle man in terms of purchase and selling. It is also a future asset that has the ability to grow in future
This is true. Investment is a thing that should be done with proper knowledge and background. It will be hard to actually make profit and earn if you are doing it cluelessly. We shouldn't risk our assets and money for something we are not sure about.
July 20, 2023, 01:38:15 AM
I'm the type who doesn't really like luxury goods, including luxury watches, preferring to invest assets in Bitcoin rather than collecting luxury watches in large quantities. However depending on each individual, let alone talking with a collection of luxury watches being part of a hobby it may be difficult to recommend Bitcoin as the most profitable investment. Personally, its not mistake collected with luxury watch but depend with our financial have been freedom or not, if not its seems bad ideas when spent our money for something not really important than used as investment capital and investing in Bitcoin for earning profit later as our investment assets in the future.
Depend on luxury watch have dropped values later than Bitcoin as our investment assets, but we can't compare with the other when priority have luxury watch than investing in Bitcoin.
Depend on luxury watch have dropped values later than Bitcoin as our investment assets, but we can't compare with the other when priority have luxury watch than investing in Bitcoin.
July 20, 2023, 12:56:02 AM
I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch.
Unlike how you live your own life, there are many people especially the youths who love to show up their wealth. At any slight opportunity they have, they will display their wealth. These set of people will buy car pricing to millions of dollars, watches in thousands of dollars and even clothing would so much expensive. It is about their passion and desire. Whereas a real bitcoin should not be the type that shows up wealth. A real bitcoin ought to be a secret millionaire as this will save him from external attack and preserve his privacy.
July 20, 2023, 12:47:18 AM
I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch.
If I had a $50k watch at this moment, I don't know where I would keep it, and I don't even have anywhere to wear it. A $50k watch is for wearing just on special occasions in special places... cool and unique stuff gains value over time, so watches, and expensive cars are also investments, but they also need special care! It's not like we can just buy them and forget about them as we can with crypto... with crypto it's really easy and simple, we just need a laptop and internet and we are good to go.
What do you talking about? Investing in bitcoin is risk-free? Any investment is risky, even if it's land or gold, and bitcoin is the riskiest investment. No asset can offer high returns without risk, the higher the return, the higher the risk. You are exaggerating bitcoin, and what if newbies see what you say? Bitcoin is the best investment for us, those who don't have too much money and want to get high profits. It is a fact, but many people always hide it.
July 19, 2023, 09:33:28 PM
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Here in my country, instead of just blandly buying a house, people tend to keep it as an asset and let the value of it appreciate overtime. Some even do let other people just rent out their house so that it would be somehow a passive income for them. Not sure if it is really an easy way to get rich from your investment, but it's one of the common passive incomes in here, and I am pretty sure it is being done also in other countries.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 thing about assets such as a watch requires that you have the knowledge to know what is a fake or not like you have pointed out, what makes these watches valuable and most importantly you need the patience to resell them as buyers for these aren't readily available and this kind of business isn't for the faint hearted!
July 19, 2023, 09:18:22 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 thing about assets such as a watch requires that you have the knowledge to know what is a fake or not like you have pointed out, what makes these watches valuable and most importantly you need the patience to resell them as buyers for these aren't readily available and this kind of business isn't for the faint hearted!If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
I have never had the intrest of these watches ⌚️ which can be considered collector items as they just don't speak to me but on the other hand if it comes to Bitcoin...let's just say investing in BTC has endless possibilities and reselling some wouldn't be a hustle as selling a watch. 
July 19, 2023, 07:34:00 PM
I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch.
If I had a $50k watch at this moment, I don't know where I would keep it, and I don't even have anywhere to wear it. A $50k watch is for wearing just on special occasions in special places... cool and unique stuff gains value over time, so watches, and expensive cars are also investments, but they also need special care! It's not like we can just buy them and forget about them as we can with crypto... with crypto it's really easy and simple, we just need a laptop and internet and we are good to go.
July 19, 2023, 08:56:21 AM
I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch.
If I had a $50k watch at this moment, I don't know where I would keep it, and I don't even have anywhere to wear it. A $50k watch is for wearing just on special occasions in special places... cool and unique stuff gains value over time, so watches, and expensive cars are also investments, but they also need special care! It's not like we can just buy them and forget about them as we can with crypto... with crypto it's really easy and simple, we just need a laptop and internet and we are good to go.
July 19, 2023, 08:48:26 AM
I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch.
If I had a $50k watch at this moment, I don't know where I would keep it, and I don't even have anywhere to wear it. A $50k watch is for wearing just on special occasions in special places... cool and unique stuff gains value over time, so watches, and expensive cars are also investments, but they also need special care! It's not like we can just buy them and forget about them as we can with crypto... with crypto it's really easy and simple, we just need a laptop and internet and we are good to go.
July 19, 2023, 06:31:05 AM
Investing in digital assets currently offers the biggest profits, but these are risky. however, the profit in gold real estate products is relatively less than Bitcoin, but investing in them can be very safe. but it is not possible to achieve anything big in life without risk. It is also foolish to invest the entire money on only one thing. so I think it is good to invest in both gold real estate and bitcoin assets. and I would invest in both sides if i get that opportunity. so I think a good profit can be made on average and losses can be minimized
July 19, 2023, 06:32:50 AM
I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch.
July 19, 2023, 02:47:33 AM
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?
I will rather go for Bitcoin. Luxury watches may look like a treasure but not as valuable as Bitcoin. Bitcoin has the potential of making thrice of your initial fund within months. If you can hold Bitcoin with patient, I'm sure you will definitely smile at last when the profit comes.
Ive also watched some documentaries about those businesses that sell rare and luxurious watches in New York. Most of them also accept Bitcoin as their payment method, and most of their clients are rich, influencers, big politicians, and mostly wealthy people from other countries. They are making a big and even pandemic hit, but they still have clients purchasing it. Meaning this kind of business is really good if we know it, but again, we are not knowledgeable on this kind of business and also need huge capital, so we prefer to choose bitcoin as we already have background on it.
Bitcoin will still be more suitable for all of us because it is easy for us to invest in it, even for low income people. However, we should also not exaggerate about bitcoin and disparage other businesses. Bitcoin has brought wealth to many people, but that number is insignificant compared to the entrepreneurs who have succeeded in the world through business and investment in other fields. Bitcoin is an opportunity for us to catch up with the rich, but don't underestimate them and brag when we don't have any significant results yet.
July 18, 2023, 10:47:06 PM
In my opinion investment in Bitcoin will be more better than luxury watches because bitcoin (BTC) has delivered significantly higher returns than other assets in recent years. People who use to spend on luxurious watches for investment they must have to aware on it's protection, they spent thousands on it and worry about wearing it and accidentally damaging it. And yes living a life of luxury never makes you better people in society but Living a luxurious lifestyle is not about displaying wealth, but rather investing in quality products that stand the test of time.
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