Post
Topic
Board Bitcoin Discussion
Re: Why buying a home is usually a terrible investment (vs buying bitcoin).
by
Zlantann
on 22/08/2024, 13:15:36 UTC
In the country where I live, the numbers are about the same, which means that the conclusions about investing in a house and not buying cryptocurrencies can be made similar to what you did.
I agree that a house has not been a good investment for a long time, because now we live in a time when it is better to have a deposit in cryptocurrency. And there are many financial instruments, such as staking, so that this deposit adds even more money. In my opinion, this is much better than investing in real estate.

Considering only the profit from an investment is not the ideal way to evaluate it. Investing in cryptocurrencies might be more profitable than real estate but you should also consider the level of risk they have. It is easier to lose money from investing in crypto than real estate. There is also a high level of scam and security risks in crypto investment. Another advantage crypto investment has over real estate is that it doesn't need maintenance or high taxes like the latter. However, investment is based on personal choice and location. Some people are not just comfortable with the real estate business because it can also be stressful and complicated.