This are the pros and cons of investing in bitcoin and property.
Bitcoin
Pros
- Volatility can lead to big profits for smart investors
- Low supply helps to avoid inflation, offering a store of value
- It can never be confiscated from you since its privately stored
- Not taxable - depends on what country you're living.
- Easily liquidated - you can sell it immediately if you need quick cash.
Cons
Prices can go down just as quickly as they went up
Cryptocurrencies dont come with insurance policies
Small mistakes can lead to lost funds
No fixed income.
On the other hand,
PROPERTY INVESTMENT
Pros
- You can earn rental income from having tenants rent out your investment property.
- Benefit from capital growth if you buy at a good price and the property increases in value.
- The interest on an investment home loans is tax deductable.
- Property investment can be less volatile than shares.
- Unlike shares, your property is a physical investment that you can see and touch.
Cons
- Your rental income usually wont cover your total mortgage repayments so you may have to invest some of your income for repayments and expenses.
- You are a slave to the property market; Interest rate rises will affect your return and put the pinch on your disposable income and if the property market goes down, so too does your investment.
- Unlike shares you cant just sell off a section of you investment if you need some quick cash.
- There are high entry and exit costs associated with property investment.
- If you go through periods without tenants you have to be prepared to cover the entire costs.
I personally prefer property investment because I I can have that accomplishment feeling. Nevertheless, both are good investment if you have the time and skills to learn both.
You should know all the risk before investing. It all depends on you, how you manage your investment.