Quote from: justdimin on Today at 01:41:31 PM

Quote from: uswa56 on July 10, 2024, 08:46:19 AM

What you say is very true, everyone would certainly prefer to own a piece of land if they are thinking about investing in their future and I think the price of land will remain the same in a few years and will increase over a long period of time and that will be very In contrast, the price of a car can change quickly when the newest model comes out.

I agree with you, if we choose to own a car, of course it will have large maintenance costs and there are other costs as you have mentioned, but with the plot of land that we own, we can use the land to manage things that can generate profits such as using it. For agriculture, of course this also produces profits for us.

Not always true for everyone, I rather have something that nobody can touch, which is why I prefer bitcoin. My grandfather owned a huge land, at a very very good location, had an estate there, and my father grew up there, he wasn't rich but he certainly wasn't poor, richer than I have ever been at least.

What happened? Government took his land, and they can only do it if they build a hospital on it, what did they do? They build a hospital on the quarter of the estate, and rest they sold and made a lot of money and plenty of politicians pocketed the income instead of the public. This is why I rather have a thing that nobody can touch, no bank, no tax officer, no government, I just want to own it, and crypto in my own wallet is like that.

These things may differ depending on where we live. It also varies depending on the time spoken. For example, in my country, land prices have increased very much and those who want to sell cannot. While it used to be a very advantageous investment, it is not now. As I said, investment preferences change depending on time and where we live. Maybe in the future this situation will reverse and they will become a good investment tool again.

As an investment choice, the traditional approach finds purchasing land more appropriate. Bitcoin investment has always paid dividends in the long run. Those who can afford to wait long see Bitcoin as an alternative to traditional investments.