Post
Topic
Board Nigeria (Naija)
Re: Why you should choose digital assets over physical assets.
by
Coyster
on 11/07/2024, 18:28:51 UTC
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
No be every digital asset make sense na, for example, e get altcoin wey you go buy now and before you know it, the coin don lose all of its value. Bitcoin na good digital asset to buy, but remember say no be all digital asset make sense nor can give you good ROI.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
You can still buy physical assets like real estate without too many people knowing, e get people wey own lands and properties, but their spouse no even know, e just depend on your personality and how private you like to stay.
3. It's not subject to government regulations or environmental issues
So many digital assets are subject to government regulation.