Taiwanese famous YouTuber “Joeman” mentioned in his latest video yesterday that if you want to make money quickly, Japanese real estate is not a good target. If you want to make money quickly, perhaps Bitcoin would be a better choice. However, he also reminded that Bitcoin can also incur losses quickly.
(Background Information:
Joeman revealed that he has been holding onto Bitcoin but has never sold it: He has faith in cryptocurrencies.
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(Supplementary Background:
Joeman and Leira were caught using marijuana! Experts speculate that they used USDT to purchase it online.
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Joeman, a well-known YouTuber in Taiwan with over 2.57 million subscribers, recently sparked heated discussions after purchasing a house in Japan. Many social media users are discussing whether he made the right investment and if the return on investment is good.
In this context, Joeman released his latest video yesterday titled “Losing 1.5 million? Analysis of the Holding Costs of Japanese Real Estate! Can You Get a Loan and How to Buy?” In the video, he explains in detail the details that Taiwanese people should pay attention to when buying a house in Japan and honestly states that the annual return on investment is approximately 4-5%.
The conversation then shifts, and the video also mentions that if you want to make money quickly, Bitcoin might be another option. However, it is also mentioned that although you can earn quickly, you can also lose quickly.
Joeman: Hasn’t sold any cryptocurrency and may even increase holdings.
However, despite Joeman entering the market at a higher point, the unrealized losses have already significantly reduced as Bitcoin’s price surpassed $50,000. When a netizen asked, “Bitcoin has risen a lot by 2024, do you still have the BTC?” Joeman revealed last week that he has not sold any of his cryptocurrencies.
Once earned a Bitcoin through mining
Do you still remember during the bull market in 2021, Joeman released the “Taiwan Mining Documentary” and revealed that he invested around 3 million in purchasing mining machines, through which he earned at least one Bitcoin (valued at over $60,000 at the time, equivalent to 1.68 million New Taiwan Dollars), but also instantly lost $5,000, experiencing the high volatility of cryptocurrencies.
Further reading:
Monthly profit of 10%, recouping the investment in 8 months? Joeman delves into 5 multimillion-dollar mining farms in Taiwan, revealing the true feelings of miners.
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