Bruddah IZ
DA
Is that what she told you?If you invest in a fantasy, you run the risk that it will eventually be worth nothing.
Is that what she told you?If you invest in a fantasy, you run the risk that it will eventually be worth nothing.
I wonder if your opinions have evolved at all or…?"Can afford" is the key word here. Yes, I agree, real estate is my favorite investment method overall if you have the capital.
What makes Bitcoin unique is that each unit is coded with specific digital data that theoretically makes each bitcoin non-duplicable which protects it against inflation and makes it more akin to gold. That being said, to me, that's as far as its inherit value is. It has anointed value over practical value. A stock on the other hand can pay a dividend, and you can look into a company's balance sheet to strategize your stock investment. There is more transparency with stocks than crypto.
Like I mentioned earlier, I prefer stocks because I like my investment to have something tangible behind it, like a business or service, or even better yet real estate as I have even more options with it and even more control (I can rent, sub-lease, flip, customize, or just live) along with the tax benefits property ownership brings if you live on the property.
My son bought XRP at .10 a coin. Bitcoin was at $30K when espola gave us his financial advice. I don't invest because I got everything taken from me but I do have very good friend who bought in very early and they like to share with others.I wonder if your opinions have evolved at all or…?
The people who are smiling are the ones mining BTC. I have a friend doing that now. I think he's doing ok..I wonder if your opinions have evolved at all or…?
Yeah but itʻs super competitive too. There are whole warehouses mining BTC. The garage miners are probably not making as much as they were just 5 or 10 years ago. But probably doing okay with some of their coins being up 100k easy. Handful of companies lending against bitcoin equity to keep from having to sell the bitcoin and paying Cap gains. Buy more bitcoin perhaps.The people who are smiling are the ones mining BTC. I have a friend doing that now. I think he's doing ok..