5 legit reasons to buy virtual land instead of real land
Are you looking to take advantage of the current metaverse and crypto popularity? Are you trying to add more diversity to your portfolio? Be it for any reason, our guide is here to show you why it’s an excellent idea to buy virtual land vs real land. You are going to learn about the advantages of this novel, a unique opportunity that is taking the markets by storm.
Word of Caution
Virtual land, just like other crypto investments such as Options trading at Bitlevex, Futures trading at Binance or FTX, as well as spot trading in general, can be risky due to market volatility. Therefore, we are not telling you to go and sell all of your real lands to buy land in the latest metaverse. Of course not. This guide is all about diversification, especially if you don’t have enough money to buy real land. Let’s start!
#1 – It can be way cheaper
Buying a plot of land – be it for real estate development or farmland – can easily get into the hundreds of thousands of dollars… even millions. And you can bet on it that the majority of us can’t afford to buy land right off the bat. You can always get external financing such as a mortgage loan, but there’s the growing interest that will fatten up your debt. Not a good business if you’re just starting off to invest.
Virtual land, on the other hand, can be way cheaper. You can buy virtual land in new projects for real cheap, for example, $100-500 (value based on their respective native cryptocurrencies). It can easily go into the millions of dollars as well.
#2 – The profit potential can be outstanding
Due to the lower entry price – as well as being fueled up by a hot, novel narrative – you can easily obtain SHIBA-like profits. An investor of $SHIB turned $8K into $5B… talk about a good ROI! Even though you may not pull billions out of a thousands-worth investment, you can still make plenty of money, as long as you get early before the FOMO kicks in.
Even in 2018, when people barely knew about virtual real estate and the metaverse, people were pulling out a 500% ROI by buying and selling virtual land. And now that the narrative is more popular than ever before, you can expect to obtain a much better ROI if you know how to pick the right projects, and of course, be patient enough to hold and sell at a much higher price.
#3 – The metaverse is coming
The metaverse has just begun, and we can expect this narrative to propel up the prices of virtual land even more. Therefore, especially during a bear market, investing in virtual land and real estate will prove to be a good investment. With big names like Facebook developing their own metaverse, you should assign a small-medium percentage of your portfolio to buying virtual land. Then, just hold and expect to sell at higher prices.
#4 – Diversification at its best
Virtual land can serve all sorts of purposes. From mining cryptocurrencies to renting, mounting a business, staking, developing real estate, allowing you to play NFT games, and more. The uses of virtual land provide you different profit-making venues. You don’t just have to buy it, hold it and wait for the right price to sell – you can put it to work while you hold it, so you can increase your ROI even more.
Therefore, you need to research about the project before you buy their virtual land, so you can learn about all the ways you can put the land and/or real estate to work. This way, you will have a lot more fun while collecting more profits that you could invest in other assets, cryptocurrencies or perhaps even more virtual land.
#5 – Higher Liquidity
Selling land is usually the hardest part of the deal, because there’s less liquidity. On the other hand, virtual land enjoys the higher liquidity of cryptocurrencies. With a lot more offers, buyers/sellers and no paperwork at all, you can buy and sell virtual land whenever you want. You can even list it at marketplaces and sell it automatically while you sleep.
Therefore, in terms of liquidity and management, virtual land is far superior to real land. So, this investment will make your life easier because, in most cases, you will simply have to buy it, hold it and publish it on the native marketplace of the metaverse or at external marketplaces.
Conclusion
Now that you know the five key advantages of virtual land over real land, you have strong arguments for buying your own piece of property in the blockchain and metaverse world. Let us know what you think about virtual land in the comments.