Post
Topic
Board Nigeria (Naija)
Re: Why you should choose digital assets over physical assets.
by
Hatchy
on 20/08/2024, 16:26:02 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.

If we put it that way, then it means that everyone who hold Bitcoin is filthy rich Huh I don't think that's how it looks. Bitcoin investment gives you a better way to earn profits on the long term from a more secured means of storing your funds. Unlike the banks where we leave our funds and they lend it our to bigger bodies making profits without paying us interest. If we put the mind set of getting rich with BTC then it would be wrong in a way. The thing I like about digital assets is the idea that it's flexible and reliable when it comes to transactions. You can send money across border without much stress from banks signing and the rest.  But then we should know that digital assets won't be able to dominate physical assets now or in the future. That's because there will still be people who would prefer them to digital assets.