Quote from: letteredhub on Today at 03:09:32 PM

Quote from: Bananington on March 11, 2023, 08:26:31 PM

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?

Real estate business today is a very big market that has caught the attention of many investors and there's so much profit in it if you invest in the right direction and with the right estate management company or organisation. The risk involved in the investment of real estate may not be that much compared to cryptocurrency risk of investment but if anyone were to choose from the two, that should depend on how much risk he is ready and able to face in his bid to make money in life.
I'll go with crypto currency investment as it doesn't need a huge amount of capital to start with, unlike real estate where you need to be financially bouyant to get started.

That last statement regarding to crypto investment, yes it's true that you can start with a small amount of investment unlike with real-estate that you need to have a bulk amount of money to acquire properties and you need to wait for some time to start seeing your profits, those are the things that you needed to consider and you need to established when picking the type of investment to take.

It's really hard to decide but once you already familiarize yourself and you are already convinced with your knowledge, you can weight the potentials and you can balance both risk and possible benefits.