Quote from: Nothingtodo on October 05, 2024, 06:54:17 PM

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.
Share your idea and Help someone to think right.

If I were asked to choose between building a hotel and investing in Bitcoin, I would definitely choose hotel building. Building a hotel means that it is a permanent property of mine where I will get a regular income from time to time through which I can earn money and later invest in bitcoins.

Yes, of course the property is yours, for example you have earned income from your hotel business, have you ever thought about the costs incurred to make the hotel, have you ever calculated or studied where the profits are,
Is it possible that in the next 5 years we will achieve or be able to cover the costs of this development?

Profits can be obtained but it requires a long term because you have to cut costs that have been previously incurred, whether it is the cost of purchasing a plot of land, licensing costs to the local government, and costs of collaboration between contractors or design and there are many costs involved. What if you put it in bitcoin on the day of building the hotel, which one is more efficient, I of course choose bitcoin, bitcoin doesn't involve too many costs compared to if we build a hotel.