Business English

Model answer for the writing task:

Investing in Property vs Investing in Cryptocurrency

Property is a great investment, because the price generally goes up over time and you can also collect rental money. However, you need a large amount of money to get started, and most people will only be able to buy one or perhaps two properties.

Compared to property, cryptocurrency is a lot cheaper to invest in. You can start with a couple of hundred dollars or even less. However, cryptocurrency is a lot riskier than investing in property. Yes, the price can shoot up, but it can also fall suddenly for no good reason.

Hence, if you have a lot of money, property might be for you. If you have less money and you do not mind a bit of risk, you could invest in cryptocurrency. Or if you really have plenty of money, you could invest in both!