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?
Ultimately, it completely depends on personnel financial situation and risk tolerance level to choose between less risk and potentially big profit. There are always opportunities of making profit in real estate or in crypto currencies investment. However, real estate is relatively less volatile and more stable market that can generate stable through renting your property, or in the shape of capital appreciation in the long term. Whereas, investment in crypto currencies is highly risky but potentially can generate big profits in relatively short period.