Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Hewlet
on 20/02/2024, 05:55:50 UTC
Like what other investments? what investment is better than bitcoin?

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin
is investing into land actually safer than investing into bitcoin? I doubt. I don't know how investing into land works in your area but for mine, that's one of the most risky thing an average person could think to venture into. Most of the land I know of could easily be taken over by the government for reasons best known to them and in most cases the owners don't end up being compensated for, and you think that's not risk right?

Should we talk about the situation where you bought a land in an environment that suddenly went into war and you can't even think about going to see your land for your own safety?

It's not like investing into land is a bad idea or can't be profitable in the long run but lands that are obviously appreciating in price is always too expensive and the competition among buyers tend to be much and if you are not careful a particular portion of land could be sold out to two people without them ever knowing coupled with the other fact that for someone that's not still strong financially, you can't really think on accumulating lands bit by but because the least plot of land in a growing area is quite expensive relative to accumulating bitcoin bit by bit with the use of the DCA method.

Also know that Every investment comes with it own peculiar risk and that's where the maturity to deal with those risk comes in. The thing has always been to choose what works best for you depending on your financial capability and work with it. If you're not strong financially, you can't be everywhere investing into everything that comes your way and so it's only best you choose the best investment option and stick with it.