Quote from: Hatchy on October 06, 2024, 05:25:27 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.

Considering any of the two options, you should know that you still need a start up capital. But then is we look closely, Bitcoin investment need just little capital compared to raising a hotel building. You can continue to accumulate using different methods made available to Bitcoiners to help increase their stash of Bitcoin without having to much stress. Again, raising a hotel building, you can get paid offering services to customers and then using this money to buy Bitcoin. Literally you are having two investments. What ever choice you chose to make is totally up to you and depends on your capital.

Being in bitcoin is more flexible because even with the money we set aside from our income, we can already be in it so this should be a concern.

Being in other businesses (I would consider hotels as a business not an investment) is still very good but just like in other property businesses this obviously requires a fairly large and sustainable venture capital which in the end this can be a little difficult when the financial situation we have is only mediocre. Not that it can't be done but it will still be a bit difficult because we have to be able to prepare reserve capital to deal with some unexpected problems such as repair or maintenance costs.

Unlike bitcoin, which we only need to try to buy so that even if it is only a set aside from monthly income, for example 10 percent or 15 percent every month, it can still be done to invest and we also don't need to think about maintenance costs and others because the focus is only on purchases.