There has been a lot of buzz about cryptocurrencies in recent years. While there is no denying that cryptocurrency can be profitable, the recent collapse of FTX has dealt a devastating blow to an industry plagued by failure and scandal. We believe that real estate will always be the better investment. Here’s why.
1) Stability – Real estate values are much more stable than cryptocurrency values. For example, if you invest in real estate and the market crashes, you can still rent it out and earn money. In contrast, with cryptocurrency, your investment could be worthless overnight.
2) Tangibility – Another advantage of real estate investing is that it is a tangible asset. If you want, you can see it, touch it, and even live in it. Crypto-currency, on the other hand, is only available digitally.
3) Resale Value – If you invest in real estate, you can always sell it if you need cash quickly. With cryptocurrency, you’d have to find someone willing to buy your coins at the current market value, which could be difficult if the market is on the verge of collapsing.
4) Constant Demand – Finally, because people will always need a place to live, there will always be a demand for real estate. On the other hand, demand for cryptocurrency could vanish overnight if a better solution emerges or if the government intervenes and regulates it out of existence.
Investing in real estate may not be as appealing as investing in cryptocurrency, but it is unquestionably the more prudent choice in terms of long-term stability and potential profits. Real estate is the place to be if you want to generate consistent passive income or grow your wealth over time!