Post
Topic
Board Economics
Re: Would you prefer to own a luxury watch or invest in bitcoin or other assets?
by
passwordnow
on 05/11/2023, 22:21:13 UTC
I'm actually quite surprised why people are interested in spending a lot of money on a watch that in fact is only worn on the hand, it's the same with women's bags (hermes brand or louis vuitton), some people make the price seem unreasonable.
Those people who are into these collections and investments are probably also the same thing as us. , how could these people invest in Bitcoin which is just an intangible thing, and internet money? The price seems to be unreasonable and expensive and it's an unseen thing that they only see the projection of its value through numbers and can never touch it. Until the explanation goes on why we're on it and the same goes for the explanation for them.

Bitcoin has a market, while these luxury genuine watches and bags have also their respective markets.

I think we should stop comparing apples to oranges here, if given the chance I know most of us will take both options knowing that these two could bring you money. Why choose one when you can have both?
Exactly. If I am definitely able to get into both worlds of these two, why not? although I am currently in one so it's the luxury watches that could be my next target.