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 as 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 risky Real Estate and cryptocurrency are Real Estate, but less risk, less reward. The risk that comes with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk or big profit?
A similar topic on this has been discussed before, but that thread was focused on which asset is most profitable between Bitcoin and Real Estate.
However, the Real Estate business is an investment opportunity that is still on trend and also profitable today, it is hard to find an investment or asset class that is without risk. Bitcoin is a good investment opportunity of our lifetime and our generation which competes with Gold and Real estate as which is to become the best-performing asset over a long period, and we are still exploring its benefit.
I think when we talk about investing we can't separate it from risk because after all it's part of it,
Whatever the investment, there will still be risks and what distinguishes it is the level of risk,
real estate may be said to be low risk but it also requires large capital.