The Housing Market Seems to be Shifting from a Seller's Market to a Buyer's Market. It might take a year or longer to fully transition but there are many reports out there right now that indicate
Bitcoin Or Ethereum OR Real Estate
Some ask me if they should invest in Real Estate, Bitcoin, Ethereum or something else. I honestly don't know which is best for you but I have some of my own thoughts on these matters which you may find helpful when you consider your options.
First off I'll talk about this new phenomenon- Bitcoin (and all crypto-currencies, including Ethereum which is perhaps my favorite right now). It is a very risky and volatile investment arena. Not too many know much about it although many are making some serious gains right now with the wave they're all making with massive appreciation. It could end tomorrow or keep going up, and that could be said about Bitcoin or any of the other cryptos.
If you have some extra money and could easily part with it, then it could be a good opportunity. If you're kind of thinking it may be a good idea to put your rent and bill money into this and watch it payoff then that might not be a good idea (to say the least). I don't know what situation you're in, but I have to keep saying this because I don't want anyone to put their money in then see them lose it (which could and does happen to some people with many investments). It hasn't happened with Bitcoin or Ethereum to anyone yet that I know of but it certainly could happen easily with them too. For me I'm looking at some others that maybe I could just put 10 bucks into or 100 into and watch them flourish, yet it might be hard to predict.
Just 4 years ago today Bitcoin was trading at under $200 each. Today it's worth about $9,600 each!
BITCOIN is pretty much at an all time high this week. I bought my first digital currency on Coinbase - you may want to try it! You will get a bonu$ if you use this code:
Bitcoin was $731 a year ago and it is over $8000 right now!!!
That is just... Crazy crazy crazy... it may tank tomorrow or could go up to a million per bitcoin, nobody knows but if you're willing to take a chance it may be better odds than the lottery
I got some Bitcoin, Ethereum and Litecoin just 12 days ago and the prices have gone up a lot since then, and my portfolio is worth over 10% more already. That's seriously some incredible interest or appreciation, which just might even continue. All 3 are basically at all time highs. Bitcoin almost at the $10,000 mark, Ethereum almost crossing $500 (was $331 two weeks ago) and Litecoin just about to break $100. All three have gone up over 65% each over this past month alone. Bitcoin went up over 1000% this year. Litecoin over 2000% this year. Ethereum up over 5000% in the past year. You could have picked it up for under $1 just 2 years ago today. BITCOIN, Ethereum and Litecoin are now at all time highs also this week and seem to keep going up and up.
It is a pretty risky venue but could be an incredible opportunity. I'm also looking at picking up some different crypto currencies from other sites that have other opportunities, like some going up over 1000% in one wee that you can pick up for under 1 penny each, or others going up 500% in a month that cost 2-5 cents each, etc... some may be hard to predict but if you spread out $100 over 5 or 10 you like, it could just pay off big. I was thinking if you could predict a few of those that gain 1600% it could be pretty awesome. For instance, put 100 in on Yescoin this past week, which went up over 1600%, then put all that onto another one that does the same next week, take that out and put it on another that also goes up 1600 percent that week then your $100 is now over $400,000. Not likely to happen but possible I believe, especially with something like Yescoin lol. (just a bit of a joke on that but it sure was a winner this week).
I have an MBA degree which doesn't mean a whole lot in relation to prices of crypto currencies or Bitcoin specifically but it is kind of a helpful thing to be able to ponder business opportunities and investment ideas a bit more. I look at the Strengths, Weaknesses, Opportunities, Threats and Trends with this as well as other things I invest my time or money in. It seems to me if you keep the investment amounts at a level you could easily afford to lose, there could be some serious opportunity for you with low risk based on the trends I've seen and the minimal threats I've observed so far.
Scott Brown grew up in and has lived in the Real Estate Broker Associate & Realtor (aka Real Estate Agent) with the fastest growing Real Estate Company, EXP Realty. After being a California Building ....