Crypto and Real Estate

[Zachary Inman]

Large crypto lender Celsius filed for bankruptcy. This is huge news and a major blow to crypto. All investors, real estate or otherwise, of any experience level have something to learn from this.

A massive crypto investment firm goes under, and countless people are left with nothing. Those who invested on this platform are having a sobering realization: it's backed by nothing.

The institution, the assets, and their investments, which many put their livelihood into, only have a foundation of speculation and hype.

This is the first of many. Crypto, in its current state, is not the future. There is money to be made, but the same could be said for Dutch Tulips in the 16th century.

Investing in tangible, cash-flowing assets with actual value is more important now than ever. 

What are your thoughts, BP community?