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For example, dot-com bubble lessons serve as cautionary tales: stay disciplined, manage risk, and prepare to leave when the hype turns sour. This mindset applies equally to assets like Bitcoin, Tesla, and emerging altcoins.
Real Estate vs. Bitcoin: The Great Dilemma
A highly relevant real estate question probes whether to buy property or invest in Bitcoin. The speaker acknowledges the importance of a home, but highlights rising property taxes and insurance costs (e.g., Florida's $12,000/year homeowners' insurance) as "leaks" in real estate that drain wealth.