Post
Topic
Board Economics
Re: A decision to make
by
Mauser
on 04/06/2022, 07:54:23 UTC
Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

Right now I would rather go for buying a house or apartment to be honest. The next few month are so uncertain with rising inflation that it would be much better to protect ourselves by owning our own apartment or house. Like this we could atleast fix out monthly living cost and are not affected by inflation so much. Owning property is a good protection against inflation. It also has a benefit that if we use a loan for the purchase that the loan will lose it's value over time, so we are actually benefiting of the inflation. With renting it's not guaranteed our salary will keep rising with the increase in living cost. In case you have enough money, buy the house and take out a loan. Like that you still have some money left to invest in bitcoins on the side. And if you have less money to do both, buy an apartment instead of a house.