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    Author Topic: Real estate vs cryptocurrencies vs business  (Read 2958 times)
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    boyptc
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    August 31, 2023, 11:47:02 PM
     #181

    If I had to put them in order I would say my first choice is business first, cryptocurrency second, and real estate third. because I see real estate as more than just an investment, real estate is just a place to park money to protect and grow. Business is where you make money, so I want business to be the first choice so that the next two points can run smoothly.
    You make more money depending on what you're focusing with. It's true that owning a business is where you make money, active money. Whilst for real estate, it is an asset that generates you passive income from renting your property and at the same time the appreciation of its value.

    But if you have a good idea and can manage your business, you can just go here and there and manage both of them since owning real estate doesn't really need a lot of time unless you're going to have a full renovation. Then, after that you only need to check your tenants after.

    Renting can also be considered as the business that you can have and that's what I like with real estate.

    I don't want to make cyrptocurrency my first choice because the market is very unstable and we can't know whether the market will be bearish or bullish. Sometimes we can forget about predictions and start making good profits because future valuation is just speculation and guesswork. When the report is bullish, take some to sell, when the news becomes bearish, start buying. “Keep it simple, and keep it simple” that correction is the best thing to make it an opportunity.
    True, it is volatile and if you're going to make trading as your first priority. You're not even forced to do that and can check your trades a few times when you have to.

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