Quote from: Pandorak on Today at 10:19:09 AM

Quote from: Forever101 on September 26, 2024, 07:17:17 PM

As an investor who is eager to diversify his wealth to other areas what do you think about this, Building a hotel as means of investment or buying a bitcoins for a long term investment. If you are to choose among this options, which will you choose base on your personal view of things. [...]

If i have good money, i think it would be okay to choose both. But in this case i position myself as someone who has limited money & must choose one of the two. If so, i will go to buy bitcoin as my long-term investment, bitcoin does not require any maintenance & i will not spend extra money there. Unlike hotels (properties in general) which require extra money as time goes by. I have this view also perhaps because i don't have a good basic knowledge in the property sector, if for example building a hotel can guarantee good profits, building a hotel & delaying buying bitcoin can be an option for me.

To be able to carry out both of these things does require a large amount of funds because it is very difficult to be able to build a hotel if you don't have a large amount of funds to be able to build it, with the limited money we have it will indeed be better we can choose to invest in Bitcoin in the long term and we can do it according to the amount of funds we have but we must have other sources of income to be able to maintain our investment Run it in the long term and also right, as you said, if we choose to build a hotel, of course we must have good knowledge in that field and also require large maintenance costs and I think in deciding on the choice, of course, we must be able to choose a field that we have understood well in order to be able to run and make profits.