Barbara Corcoran, the real estate investor, was out in Union Square in NY City. Barbara is an American investor famous for developing a billion-dollar real estate empire with a $1000 loam. She is also a start in the popular ABC TV show Shark Tank. Moreover, Barbara discussed her opinions on cryptocurrencies. She opined that real estate is the best way to get rich, rather than cryptocurrency. She believes in tried and true methods of earning money and suggests everyone pay attention before it is too late.
Being an old school investor, when questioned about the cryptocurrency trend prevalency, the Shark Tank star instantly said yes. However, she said that she doesn’t care about bitcoin price or Dogecoin’s rising value, or any crypto for that matter. She is fully into property investments. However, when questioned if she thinks that investors should be investing in crypto-asset recently. She contended that funding real estate is the best way to earn riches. Additionally, she elucidates that she is funding every spare dollar she has this year into real estate as it is still a prominent buyer’s markets. Furthermore, she intends to get richer via employing the old-fashioned way.
Corcoran Promotes Her Advice Podcast 888-Barbara
Barbara Corcoran suggests caution. She recommends investing in the real estate market when the iron is hot. She further contends that the real estate might be a buyer’s market in NY city, but it is not the case with other cities such as Los Angeles. Moreover, Barbara states that when the crypto market is concerned, the trick is in knowing when to exit. However, various people are losing money in crypto, whereas several people are making money via investing in the crypto market. Furthermore, Corcoran was in New York advertising her new advice podcast “888-Barbara.”
However, selecting between the best investments amongst cryptocurrency and real estate can be difficult. The uncertainty caused by the COVID-19 pandemic makes this decision even much harder. Although executing the best move could ensure a good ROI for years to come. Though, real estate was one of the best ways of earning cash worldwide, crypto is the most enthusiastic asset class in the market recently. Conclusively, when deciding which is the best investment between bitcoin and real estate, it is essential to consider that both investments have their own advantages and disadvantages.