/biz/ - Business & Finance

>>50381935
>Opportunity cost. Obviously this is assuming you believe in bitcoin and that it can at least do a 5x no problem.
Yeah some one post that picture of the Anon saying how that anon with 212 btc will rope when BTC drops to a dollar.

zoomer hands typed this. You little faggots have no idea how a real economy works and you're going to find out the hard way that real things have value and unreal things do not.

>5 years, bitcoin has done a 5x

>>50381969
Above scenario is valid for all 12 years of crypto's history

If you have even the slightest confidence in crypto's future, the logic is undeniable

>>50381935
On the one hand you have a tangible asset that you can invest time and energy into making even more valuable if you want to, and you can also live in it and use it for things.

On the other hand, you have a purely speculative digital asset that world governments could ban so it crashes to zero overnight, or at the very least you'd have a very hard time liquidating it.

I'll take the house.

>>50382025
I believe you are still acting out of risk avoidance. Can't make gains without taking on risk. But crypto is at such an advantage that even the absolutely safest asset will still outperform real estate by leaps and bounds.

>>50381935
Lol buttcorn will be lucky if it ever gets to 60k again

>>50382127
Why are you even here

>>50382121
That's true but the intelligent play is to manage your risk so that you don't lose all of your money. And you do that by making riskier investments a smaller proportion of your total portfolio. Going all in on a risky asset like BTC or crypto in general is completely retarded. All but the most delusional BTC maxis recognize that it's over if the U.S. and other major countries ban trading. A better play would be to do something like buy a $400k house and put $100k in BTC, then hold for 10+ years.

>>50381998
you're right, it'll be x10 at least

>>50382004
Holy shit are you old enough to own a computer?

The only way bitcoin is doing a 5x is if it gets down to below 10k kek

>>50381935
problem is no one is going to give you a 30 year loan to buy shitcoin with 10% down so the comparison is weak

>>50382240
>>50382442
>>50382471
All these naysayers, why are you even here

If you followed the above scenario at any point in the past (when crypto was even more unproven and risky), it would've worked.

>>50382169
Not everyone here is a retard like you.

>>50382538
You have a point, when loans are introduced the game changes.

To counter loans being used in real estate, you'd have to supplement your BTC position with margin. I think even a 3x margin will sizably beat a real state purchase w/ mortgage.

>>50381935
This is bait, right?
>>50382538
This.
>>50383329
>you'd have to supplement your BTC position with margin. I think even a 3x margin will sizably beat a real state purchase w/ mortgage.
This substantially increases the chances of blowing up your account, introducing broker risk (margin offering crypto companies are poorly regulated), and there is no precedent that BTC will keep going up forever. It could easily go sideways for example, since it's "digital gold". This also doesn't address the 12-24k you will be losing per year in rent payments.

>>50381935
no one is buying homes for 500k cash

>>50381935
you don't buy the whole house at once you dumb faggot

>>50383389
It's all about risk management. You'd have to do the math in detail to figure out exactly which will come out ahead relative to risk.

I think my main point is that a lot of the push to invest in real state are psychological in nature and doesn't actually maximize gains relative to risk. It's like it doesn't matter if investment Y or investment X will for sure make you more money in the long run, if you have some capital then you must first use it to buy a home. I disagree.

If you believe in crypto then BTC is extremely low risk with a very large upside compared to real estate. So if BTC (with or without margin) is that investment X that will make you more money compared to real estate, then you buy BTC. Simple as.

>>50383537
>>50383554
I'm debating what to do with my Link gains :)

I still rent. I COULD buy a home. But I actually believe in crypto so BTC for me is a low risk investment. So why not buy BTC instead because it'll give me better gains? Remember, I actually believe in crypto unlike you fucks apparently

>>50383670
>Link gains
you mean bags?

>>50383711
No I sold in 2021

>>50381935
>Live in nice quiet neighborhood in ideal area with no niggers
>$2500 2 bedroom apartment
>The houses next door to me are nice but barely have land
>If I paid 3.5% down for one of those houses my 30 year mortgage would be over $4000 per month
>I stay in nice apartment and use the $1500 I save every month on Btc and other investments rather than buying one of these nice little McMansion things
I don't have anything against living in one of the houses, they're nice but mathematically renting seems to make sense for me in my situation

>>50381935
Its less of a meme if you plan to stay for 5+ years and you don't buy at the top of a bubble. In that regard it's not much different than crypto. Buy low sell high

>>50383562
>I think my main point is that a lot of the push to invest in real state are psychological in nature and doesn't actually maximize gains relative to risk. It's like it doesn't matter if investment Y or investment X will for sure make you more money in the long run, if you have some capital then you must first use it to buy a home. I disagree.
This is true of non-owner-occupied homes in many cases, and is pretty commonly taught in financial courses/books. I think the typical comparison is made to investments in stock indices in the US, rather than BTC though. I have said it before and will say it here, a home is useful as a financial instrument for avoiding rent payments.

>bro don't buy a house, digital chuck e cheese tokens might go up in value more!
>also you're NOT ALLOWED to sell those digital tokens, DIAMOND HODL HANDS OH GOD WHY I HELD THROUGH THE -90% DUMP AGAIN

>>50381935
>a bank giving you $500k so you can buy magic internet money
I agree with you but there is no way you're getting a loan that big for anything but a house. Which is why houses are so expensive. The problem is easy credit, go back to 50% deposit for a home and watch the housing market collapse.

>>50384291
>loan that big for anything but a house
Med school would beg to differ.

>>50384317
>student loans
You can't bankrupt out of those loans. That's why they'll give you all the money in the world through student loans, you are selling yourselves into slavery and banks love that even more than interest earned on a loan backed by a hard asset they can take at any time.

>>50384356
>and banks love that even more than interest earned on a loan backed by a hard asset they can take at any time.
Well, many loans like FHA loans are also guaranteed by the US government. The only other comparable loans to mortgages and student loans are farming loans, also subsidized.

>bitcoin only goes up
Proof that the bottom isn't in

>>50384370
My point was you cant get that much money to buy Bitcoin anyway, but I guess with a student loan you could? Idk enough about USA student loans.