Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: What's on your mind
by
Antotena
on 05/10/2024, 17:12:39 UTC
⭐ Merited by fillippone (1)
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.
Share your idea and Help someone to think right.

There is a lot of factors that need to be consider first. Doing Bitcoin or building a hotel, do you have another source of passive income. If you don't have a passive income and all you have is the money you wouldn't want to use for the investment, I will advice you start with a hotel or if the money is big enough to complete a hotel, use half to establish the hotel and use the remaining to buy Bitcoin, by this you been able to kill two lions and have two investment.

However, to set up the business hotel, don't do it in a place thag is not remote. Establish the hotel in a busy area where you can have customers and people to check in and check out. You can also add some small entertainment place where people can buy and eat things like what is like in such places, do a swimming pool and ofcourse, arrange a mini bar for people to chill, you will make money a lot of money when you add other stuffs but it has to be in a remote area or location so you business doesn't collapse without any patronage.