Of course people wrongly believe that housing/ real estate is a better investment than bitcoin, and it has not been, and it likely will continue to not be a better investment than bitcoin. It is not even a close competition.
Surely, historically people who have invested in real estate have likely tended to beat the dollar, so they tend to do way better by having money in real estate as compared to having their money in the dollar (or other fiat). There is a lot variance in real estate too largely depending on location, and perhaps some other factors that depend on the kind of real estate and maybe if it cashflows, so surely some real estate performs better than other real estate.
When anyone is building wealth frequently it takes some time to build up the capital and even to get the capital to compound upon itself, so anyone starting from zero is going to take longer to build up that capital base. There surely can be ways to use debt to build up capital as long as the capital is appreciating faster than the debt servicing, and historically folks have been able to use debt (in something like housing) to build wealth by leveraging other people's money (the use of debt). Especially young people may need to figure out ways to generate income, so that they are able to buy bitcoin, so there could be instances in which they get involved in real estate to generate income from the labor, and it might be a better way to generate income as compared with other options that they have, so people do have to weigh their own options in terms of their age, skills and abilities, so the answer is not always going to be obvious, including that there could be ways to generate income being involved in bitcoin too, but that might not always be clear how to do that in terms of what talents and/or connections a person has.
Yep. There were a lot of folks who sold decent amounts of bitcoin, and perhaps even all of their bitcoin at around $100k, and maybe some of them got back in... and then perhaps again on the recent price rise a lot of folks selling too many bitcoin too soon - which is even worse for guys who are still in their bitcoin accumulation phases.
I completely agree with you on this. Our young society is more inclined towards Bitcoin than real estate.And when it comes to money, we shouldn't only think about houses and cars, we should invest them. And that is why the demand for Bitcoin is increasing. And the price is increasing naturally. I myself bought 25 and sold 40 and thought that this seemed to be the maximum. But when I realized that Bitcoin is an important asset, its demand will increase day by day and the price of Bitcoin has been increasing since its inception. Many still think that this seems to be the maximum price. I think Bitcoin will reach one million or more one day. And this is normal.
seems you don't understand the concept of bitcoin investment, mind you buying 25 and sold 40 does not make you an investor but a trader whose primary aim is just for the short term profit, I think you still need to learn more about bitcoin investment to avoid messing up your bitcoin investment some day. Because if you keep going with this method I bet you that you will definitely regret it some day because a real investor will not attempt selling his holdings when he have not yet accumulate enough stash of bitcoin or getting to the stage of overaccumulation, rather they will still maintain the ongoing buying of bitcoin until they reach the stage of overaccumulation that's the point where they can start attempting to sell some portion of thier bitcoin investment and still allow it to compound upon itself. And not to sell all thier holdings at once just as you did when you have not even reach the middle of your accumulating journey.