In some conversations that I have had with some rich people who are old, they most times always say that they invested in real estate and that was how they made some fortune. Young people understand that investing is key and paramount to securing a better future like these Old rich men did then, But the question now is what exactly to invest in for young people. Is it wise to follow in the steps of the old rich men who had investments in Real Estate, or do they completely now invest in cryptocurrency? The answer is sometimes traced to the one that offers the lowest risk and loss of capital.
The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit?
The old or elderly would have invested in real estate because that was attainable back then when they were investing and not crypto hence the reason you keep hearing all of them the say same thing about real estate investment however we have the opportunity to diversify into other aspect and years from now when you ask the same question, the elders then which are the youths now will tell you they invested in Cryptocurrency which was able to give a wonderment profit in the shortest time regardless of the risk when compared to real estate but this is not to say both are not worth investing in.