This article discusses in Real Estate v Bitcoin : Where To Invest? Suppose you want to see your money grow, especially without struggling to get a single cent, the right way to invest it in the right place. Then, with effort, research, communication, and luck, most investors can have a profitable, diverse investment portfolio.
Those who are beginners in investing or who want to deviate slightly from their routine may be confused about which field to go to. While there are standard traditional options such as stocks and real estate, today’s investors also have other options such as Bitcoin and other crypto-currencies.
Of course, investors can choose to separate their assets between Bitcoin, wealth, and a few other areas. However, they still have to decide what to focus on. Also, some investors may want to start or move out of one place to get started. Read more about investment options.
Many experts still do not understand how this cryptocurrency system works, making it a sure bet for investment purposes. It’s as simple as, if you don’t understand it, don’t invest in it.
When it comes to why investing in real estate is so much better than bitcoin invest, here are a few excuses:
No Bitcoin Control Framework:
First aspet in Real Estate v Bitcoin: Where To Invest is No Bitcoin Control Framework. Like real estate, Bitcoin still does not have a regulatory framework in some Countires despite. So, if the exchange goes down, no one can. Save money on an investment.
Fewer fraud opportunities: Being tangible, less likely to be fraudulent on sale. Although due to fraud, cybersecurity problems, and fraud, bitcoins prices have declined as another investment asset.
Uncertainty:
Even financial experts are unclear about investing in cryptocurrencies and the future they hold due to the reasons mentioned above for the Cryptocurrency ban and the Regulation of the Digital Digital Money Bill, 2019. Investing in the housing market is still a safe option for the two.
Stability:
The Indian housing market was booming before this unprecedented coronavirus outbreak. But when it comes to crypto, it’s not very stable. In January 2017, Bitcoin broke the USD 1,000 mark for the first time; by December of the same year, it had reached USD 20,000 ago. A year later, in December 2018, it dropped below USD 3,500. It is a significant aspect to consider in Real Estate v Bitcoin: Where To Invest?.
Tax breaks and rebates:
Homeowners can benefit from tax breaks and deductions to save them money during the ITR.You can reduce the reasonable costs of owning, operating, and managing the property on standard terms. But for bitcoin investors, guidelines have not yet been set by CBTD, ICAI, RBI, or the Revenue Department. However, bitcoin investors can use other methods to claim their returns.
Cash Flow:
Having a commercial property or rental accommodation contributes to ongoing revenue. Occupational rental income is not possible in any other way of investing while converting bitcoin to cash. You could say to transfer money to a bank account; there are many opportunities, as seen in Vivek Pethe.
It is not at risk of temporary volatility: Unlike any other options to invest such as stocks, gold, mutual funds, or bitcoins, real estate is not at risk of temporary volatility unless something extraordinary happens like this epidemic.
I do not mean that you should not invest in bitcoin, it is up to you as an investor, and you have the right to choose where you want to invest. But before you make any investment, make sure you understand how it works, and will your money be safe there?
The Future Of Cryptocurrency and Real Estate
Automatic Transaction
Blockchain platforms related to the real estate sector provide feedback on speed and security that can significantly reduce the risk of fraud. All stages of real estate transactions are affected by these new technologies and their effects on facilitating data transfer and reducing the time between the original sales agreement and the deed of sale before the attorney.
If this new digital building undoubtedly allows for automated real estate transactions. You should know that its use has already extended beyond the project stage. This is extremely interesting in areas where corruption or lack of transparency makes it difficult to question who owns a property. We can view the blockchain as a tool to visualize the state of buildings. And actions, giving full access to local or world history. It can be displayed and without limitation by banks, real estate agencies, buyers, and sellers.
Creation of Intellectual Property Contracts
The blockchain provides unparalleled speed through the development of smart contracts, which do not require the intervention of third parties. These digital contracts are similar to paper contracts; however, they allow the parties to protect all the information and prevent their conversion.
Most intelligent contracts automate value exchanges in virtual currencies and crypto-assets. Accounting entries associated with digital currency are automatically recorded in the block chain. Thus making transfers visible and unchangeable. Therefore, the circumstances of these smart contracts do not leave room for doubt or explanation in our daily trading.
Obstacles to Acquisition
Openness is the essence of everything that is done. While we try to, as far as possible, integrate it into everything we do. Eventually, the current, hidden way of buying and selling homes will be a thing of the past. Blockchain, of course, is not the answer to all the problems in the real estate business.
However, with block chain, we now have a system that increases trust and reduces the dependence of the real estate agent while improving cost efficiency, accelerating home transfers, and, most importantly, opening up communication channels by building a digital platform that other services can meet. . I’m sure ten years from now, we’ll look at the current buying process. And ask ourselves how we can trade without smart contracts, in the same way. We help retailers who worked 20 years ago wondering how they did it without a cell phone again. Big list book before MLS became digital.
Even if this seems a bit far-fetched, there is reason to believe that it will soon become a reality. In the real estate market sooner than ever before.
Conclusion:
Cryptocurrency can be a great opportunity. Using this type of payment when buying a property gives you many benefits. Such as privacy when shopping, strict control over transactions, non-compliance with rules between parties, etc. Easy to buy abroad. Relying on block chain gives you a high level of security. Lastly, if you own crypto and do not know what to do with it. Investing in the real estate industry is among the best ways to earn some solid assets.