Great write up man! You got a new follower. This is an interesting new way of using crypto and blockchain technology. This could easily work in high end real estate markets where the homeowner has a pretty significant amount of equity. I do agree with you though, the coin/token should have intrinsic value, otherwise it could easily be dumped.
Cryptocurrencies are extremely volatile. Unless you are extremely bullish and are willing to lose it all I would go with a safer investment.
BUT if you want to start playing around with investing in cryptocurrencies I would suggest starting small. You Max loss is however much you are willing to buy. Your Max gain in theoretically infinite.
I invest in some cryptocurrencies and use coinbase as this is the easiest and most seamless way to buy/sell.
Thanks for the advice mate. I believe there is incredible potential to be found if you're smart and research thoroughly; sort of like going back to the early 90s and being able to invest in internet-based ventures before they took off but that's just my take :)
You'd think blockchain tech created fractional real estate ownership the way these RE coins get promoted! Its an old concept and it has a name: 'Tenants in common" ownership. The issues are to many to get to here, but I'm dubious on how successful these 'coins' will be. Thanks on the detailed post though..Ive been watching LAtoken and Propy for a while. By the way..if the property is encumbered with a loan? It can be called due if your selling off a partial ownership via the 'due on sale' clause. So this only works on free and clear RE. Even then..tons of issues...
It's a good point mate and I'm not saying that there aren't significant issues. What I'm saying is that, if you can find an opportunity for one of these cryptos priced very low, then the incredible potential that they have can make a investment worthwhile :)
Great write up man! You got a new follower. This is an interesting new way of using crypto and blockchain technology. This could easily work in high end real estate markets where the homeowner has a pretty significant amount of equity. I do agree with you though, the coin/token should have intrinsic value, otherwise it could easily be dumped.
Save your money. Invest in actual assets.
Cryptocurrencies are extremely volatile. Unless you are extremely bullish and are willing to lose it all I would go with a safer investment.
BUT if you want to start playing around with investing in cryptocurrencies I would suggest starting small. You Max loss is however much you are willing to buy. Your Max gain in theoretically infinite.
I invest in some cryptocurrencies and use coinbase as this is the easiest and most seamless way to buy/sell.
Thanks for the advice mate. I believe there is incredible potential to be found if you're smart and research thoroughly; sort of like going back to the early 90s and being able to invest in internet-based ventures before they took off but that's just my take :)
You'd think blockchain tech created fractional real estate ownership the way these RE coins get promoted! Its an old concept and it has a name: 'Tenants in common" ownership. The issues are to many to get to here, but I'm dubious on how successful these 'coins' will be. Thanks on the detailed post though..Ive been watching LAtoken and Propy for a while. By the way..if the property is encumbered with a loan? It can be called due if your selling off a partial ownership via the 'due on sale' clause. So this only works on free and clear RE. Even then..tons of issues...
I agree with you, dont know how banks and state will react to splitting ownership. They don't like to share profits from "debt slaves" :D
It's a good point mate and I'm not saying that there aren't significant issues. What I'm saying is that, if you can find an opportunity for one of these cryptos priced very low, then the incredible potential that they have can make a investment worthwhile :)
Great article Tom. Always enjoy reading these and you're providing some great information. Thanks again mate. Keep up the good work
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