Post
Topic
Board India
Merits 3 from 1 user
Re: Would you sell BTC for real estate ?
by
madhavsinghrajput
on 12/04/2021, 13:24:12 UTC
⭐ Merited by amishmanish (3)
I will keep this short and simple.

So I have got this really good opportunity to buy a plot in my hometown. The value for it is bound to increase in near future as per the locality and developments around it.
To buy it I would have to sell my BTC (not all but most of it). The question here is, would you sell your BTC given you were in such a situation ?

If not, why? (something other than speculation)
Depending on the situation and scenario i would have taken the decision. According to me one should invest in real estate one time atleast apart from there home.But technically if we consider average rate of return in past decade of real estate in india, it was 11.6% per year and that of bitcoin it was whoping 230% but the risk is higher and volatility is higher and it is less secure than real estate.
Source:-
https://www.livemint.com/news/india/investing-in-real-estate-is-hardly-a-lucrative-bet-now-11601828721814.html
https://cointelegraph.com/news/btc-was-best-performing-asset-of-past-decade-by-900
One more point that i would like to suggest is in real estate apart from rate of return we can also consider it for passive income such as
1) Rent
2) Secured loan
Both the things help to a great extent for future.
So on conclusion i would say if i was in your position and if it was my first investment in real estate than i would have opt for investing in real estate over BTC.(only one time for secure income)