Real estate or Bitcoin which is better many prople talk about this now. It goes without saying that investing in Bitcoin is becoming increasingly interesting. However, some self-proclaimed experts are advising against investing in Bitcoin and instead investing in real estate.
He was wrong in his advice to buy real estate better than Bitcoin?
If we look at the Bitcoin all time high price chart from 5 years ago, we will see the following
2020 Bitcoin price 29000 USD or 1015000 THB
2021 Bitcoin price 64400 USD or 2254000 THB
2022 Bitcoin price 45806 USD or 1603210 THB
2023 Bitcoin price 44400 USD or 1540000 THB
2024 Bitcoin price 100000 USD or 3400000 THB
2025 Bitcoin price 106209 USD or 3570866 THB
So what do you think if you purchase Bitcoin from 5 years ago with 1 million bath right now you. You will have already received 3+ times the profit from the operation.
But if you believe Dr. and then buy a real estate course, you will have wasted hundreds of thousands of baht for nothing.
And if you spend 1 million to buy a condominium as he suggested 5 years ago, you cannot sell it for profit immediately because new condominiums have bigger rooms, are newer, more beautiful, and have better promotions. They are better options than buying your condominium. Or even if you rent out your condominium, 1 million may help you make 60,000-70,000 THB per year. If you compare the value in the past 5 years with Bitcoin, which one is more valuable?
I haven’t even mentioned the damage to the condo yet, in case there is any internal damage.
But while you hold Bitcoin, when you want to convert it to cash, it’s easy and immediate.
I hope these little articles will help you understand more.
Who are Dr. Sopon Pornchokchai, adviser Real estate is better than bitcoin.
Dr. Sopon Pornchokchai is a renowned Thai real estate scholar and expert, especially in real estate valuation and land market analysis.
Role and expertise
- Real estate valuation, especially condominiums, land and various development projects.
- Analysis of real estate market trends, both in terms of economics and government policy.
- Providing advice to investors and real estate development companies
Outstanding achievements
- Write books and articles about real estate investing.
- Provides insights into factors affecting land and condo prices in Bangkok and its vicinity.
- Often referenced in the media when discussing the housing bubble or property-related policies.
Dr. Sopon is one of the most influential thinkers in the Thai real estate industry and has strong opinions on the long-term direction of the market. However, he has also given a lot of wrong information on things he is not good at, such as Bitcoin.
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