Quote from: Iroh on July 07, 2023, 10:31:49 AM

Well, not just with land. If you want to purchase anything that’s worth spending your money on, it’s very important you do your due diligence if you don’t want to end up getting scammed out of your money.
Land is no doubt a good investment idea but like you noted, not everyone could afford to purchase and own it although a whole lot would love to have it. Having a piece of land where you could grow some crops and vegetables is nice. You could grow crops for your personal consumption and you could sell some as well to make some extra money.

First, anyone who is making an investment should know that there is no investment that has a zero-risk tolerance. Every Investment has its risks.

Speaking of land for cultivation, if one owns a plot of land, one could still lease it out to farmers, which could still generate some revenue for them. which they could use that revenue to invest in something else, either in Bitcoin, stock, or other things. Leasing land in the city where I live is very expensive, and whoever is doing such a business will be earning hugely because if you lease your land to someone who is only farming vegetables, within a few months, the crops will be due for harvest, and after that tenor is over, he or she will still need to renew the contract before they can farm on the land again.

But since investing in land costs a lot of thousands or millions of dollars, someone can gradually stack up some Bitcoin consistently, and if they have accumulated a huge fraction of Bitcoin and held it for a very long time, probably till a bull market, they might be able to make a huge profit that can enable them to buy one or half a plot of land.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺