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Real Estate VS Crypto In Nigeria 2021 – Which is a better investment?

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Real estate vs crypto
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There has been a recent battle or rather an argument between real estate vs crypto investors.

Right now, real estate and cryptocurrency have been making waves in today’s market. When it comes to these opportunities, it can be difficult to discern which is the wiser investment choice for you.

But you know, both have benefits and like all investments they also their own carry risk.

The reason for the trend “real estate vs crypto” has made many have good interest in either real estate or cryptocurrency.

These two investments have actually made more millionaires in Nigeria or anywhere in the world than any employment job if it is well calculated and planned before investing.

When you want to go into any kind investment, there are many things you need to consider. Regardless the kind of investment you’re going into you should know these things.

Whenever anyone meet me to give them a financial advice, I usually say something to them;

“If you are planning to open a new business, while you are making plans so that you will succeed in no time. You are drafting carefully all the amazing plans you are making to earn and make money or succeed from your business, you should not forget that while thinking positively, also think negatively.

Reason to do that is because if you always think of succeeding, when you later have a problem running the business, you won’t be too emotionally down because you will be confident to fix whatever problem it may be.”

Thinking of choosing the best investments, try to be careful when making decisions.

Keep reading this article to the finish because the debate between real estate vs crypto will be revealed here.

Incase you are new to knowing real estate vs crypto, a basic info would be made below.

But if you know what it is already, you can jump to the heading “Real Estate vs Crypto”


DON’T MISS THIS: Real Estate Vs Stock market – Which is a better investment?


What Is Cryptocurrency?

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.

A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

Cryptocurrencies are systems that allow for secure payments online which are denominated in terms of virtual “tokens,” which are represented by ledger entries internal to the system.

“Crypto” refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions.

With that being said, the topic real estate vs crypto should be better understood for those that don’t understand how crypto works.

What Is Real Estate?

Real estate vs crypto

Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges.

Real estate is a form of real property. It differs from personal property, which are things not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment.


Read Also: Best Investments in Nigeria you should know


Real Estate Vs Crypto

It’s time to see real estate vs crypto, which is a better and profitable investment.

Real Estate vs Crypto – Real Estate

Over the years real estate have been one of the best investment in the world and most people became billionaires through it.

Real estate is good because it is hedge against inflation. Housing values and rents typically increase in direct proportion to inflation.

Imagine buying a land for 500k, months or years from now, the land can appreciate and can be sold for 1.2 million or 2 million.

Now, you feel the real estate vs crypto is for people o have money. Well I’m happy to tell you that you can actually go into real estate business without money or even owning a property.

If you don’t have money to buy properties, there are some real estate companies in Nigeria that you can work or affiliate with. All you have to do is to register and the registration is free. When you register, you will have access to properties that you can promote.

When you sell a property, the company will give you commission based on what you sold. Commissions varies from 3-15% for a property.

Imagine selling a property for 50 million and you have upto 7% tagged for you, do the maths.

Pros

  • Long-term potential
  • No fear of Inflation
  • Easy to sell
  • Diversification
  • Tangible asset value
  • Versatile investment
  • Usability
  • Tax benefits.
  • High cash flow.
  • Long-term returns.

Cons

  • Not a fluid asset.
  • Costly investment.
  • High maintenance
  • Slow Growth

Real Estate vs Crypto – Cryptocurrency

Cryptocurrency, the most popular of which is bitcoin, is one of the newest investment options available. These digital currencies act as a medium of exchange globally as an alternative to money. They are technological currency backed by blockchain technology.

Someone said on social media on the dabate “real estate vs crypto” that he prefers Crypto investment saying “when you make a research properly you will discovered bitcoins owner are more richer than real estate.. infact only one blow on bitcoins will buy the real estate and the owner himself.”

No doubt, crypto can be a very good investment but it’s a risky one. By the way, all investment have risks. But I’d advice you acquire the knowledge before you can think of going into crypto currency if not you will definitely loose money and also fall for scams.


Read Also: How to trade Bitcoin in Nigeria


Pros

  • Peer-to-peer system.
  • Governed by economic principles.
  • No inflation.
  • Easy to trade – when you have the knowledge
  • Long-term potential.
  • No maintenance.
  • Lower cost.

Cons

  • Bubble – inflates and fizzles out.
  • Not a tangible asset.
  • Security issues.
  • Little/no government involvement.
  • High risk.

Buttom Line

With all being said above between real estate vs crypto, which do you think it’s a better investment?

Remember, you don’t need millions before you start investing or going into real estate business. You can start as an agent or Affiliate with a reputable company.

As for crypto currency, I’m not advising anyone to start investing or trading if you don’t have deep knowledge about it because trading it isn’t easy. But you can start buying coins with little money as low as even $50 or less.

Interestingly, you can even use cryptos to buy real estate properties.

If you have further questions concerning real estate vs crypto or getting a company to affiliate with or buying cryptos, please send a direct message using the WhatsApp button or use our contact form.

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I am a student studying computer science. I'm a passionate blogger that loves reading and writing, business minded with solution to complete financial tips. You love business? Stay tuned to Nairabusiness.com

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