Get, Save & Invest. | Bitcointalksearch.org

stomachgrowls

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Quote from: Japinat on July 05, 2022, 03:59:09 PM

Quote from: lovesmayfamilis on May 08, 2022, 10:01:49 AM

I would put it a little differently. I don't like the word "save". For me, this word is associated with poverty. But the expression "spend wisely" is more suitable. If a person has a goal or an idea for which they are going to save money, then there is motivation. But to deprive yourself of a lot to invest in the future, to be honest, I don’t see the point. No one knows how long your life will last, and depriving yourself of everything, constantly saving, at some point may seem very stupid.

The whole idea of saving will not also be possible as you have also your own bills to pay and basic needs to attend, so certainly its more on spending wisely through money management. And when you invest, it doesn't mean that you have to invest all what you have got, instead invest only a portion of you hard earned money so that if you lose, you won't be badly affected.

When we do have money came from our dayjob or other source then of course it would really be needing that kind of money management so that you would able to save up money but it would really be

still needing to be deducted from expenses,needs and wants which is a normal thing and the rest of those amounts would be save for emergencies and possible investment that you would really be tending
to get engaged on but there are lots of considerations before you would make such step.

Investing should never considered to go all in to it because you should allocate on the amount which you can only afford to lose and not spending it all
specially to those emergency funds which had been allocated.Proper money management would be the key.

Japinat

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Quote from: lovesmayfamilis on May 08, 2022, 10:01:49 AM

I would put it a little differently. I don't like the word "save". For me, this word is associated with poverty. But the expression "spend wisely" is more suitable. If a person has a goal or an idea for which they are going to save money, then there is motivation. But to deprive yourself of a lot to invest in the future, to be honest, I don’t see the point. No one knows how long your life will last, and depriving yourself of everything, constantly saving, at some point may seem very stupid.

The whole idea of saving will not also be possible as you have also your own bills to pay and basic needs to attend, so certainly its more on spending wisely through money management. And when you invest, it doesn't mean that you have to invest all what you have got, instead invest only a portion of you hard earned money so that if you lose, you won't be badly affected.

og kush420

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Quote from: kapalmabur on June 17, 2022, 04:04:13 AM

Quote from: Kadal Ijo on June 16, 2022, 11:16:10 PM

When the world is unstable and threats can occur at any time then we need very easy investment, people will regret when investing in property when there is a war, this is what makes crypto the best choice, besides that large profit opportunities because the potential increase can reach 100% Even more a year.

For long-term investments, crypto is indeed one of the right choices, even though the price is currently going down, but I'm sure in the future the price will increase again,
but whatever the investment there will always be a risk so consider it well before making a decision

Everyone wants to save and invest and want to have some passive income. But this is not as easy as it seems.
Particularly for the those who are living in 3rd world country and struggling to make their both ends meet.

kapalmabur

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Quote from: Kadal Ijo on June 16, 2022, 11:16:10 PM

When the world is unstable and threats can occur at any time then we need very easy investment, people will regret when investing in property when there is a war, this is what makes crypto the best choice, besides that large profit opportunities because the potential increase can reach 100% Even more a year.

For long-term investments, crypto is indeed one of the right choices, even though the price is currently going down, but I'm sure in the future the price will increase again,
but whatever the investment there will always be a risk so consider it well before making a decision

raidarksword

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These times would be the great time to get into more investment in crypto while market is down, opportunities pouring in for people wanted to make rich when bull season resumes. But never invest, your life saving because it would be a disaster to think about it. Just invest extra money that you are willing to gamble in the crypto industry.

Kimonoe

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Quote from: n0ne on June 16, 2022, 06:59:25 PM

In the past, the previous generation much focused on savings and the same have lifted the life to a better level. Slowly things have changed and now the priority have moved towards investment. Here education have played the major role, because the previous generation saved to their ability to give education to the kids. Even now there are people who focus on savings than investing, because they find investment to be risky.

there are several reasons people choose to save, it is true that investing has a high risk, such as this cryptocurrency investment, but of course it is different if we invest in property, of course there will be a very small risk, but property prices are now very expensive, so we have to have a lot of money first, that's why many people choose to save, even though the inflation will be eroded

Kadal Ijo

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When the world is unstable and threats can occur at any time then we need very easy investment, people will regret when investing in property when there is a war, this is what makes crypto the best choice, besides that large profit opportunities because the potential increase can reach 100% Even more a year.

n0ne

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In the past, the previous generation much focused on savings and the same have lifted the life to a better level. Slowly things have changed and now the priority have moved towards investment. Here education have played the major role, because the previous generation saved to their ability to give education to the kids. Even now there are people who focus on savings than investing, because they find investment to be risky.

Pujangga

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Investments that can be done quickly even in less than 15 minutes are cryptocurrencies, no personal data such as banks or stocks are needed, by having 1 wallet, we can use it to store millions and even billions of dollars without fear of anyone knowing.

virasisog

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Quote from: livingfree on June 16, 2022, 04:55:59 AM

Quote from: Freeesta on June 15, 2022, 05:06:48 PM

I think it's very important to save money. With inflation, our money has less and less purchasing power. How to make sure that money does not turn into paper? This is a difficult task. Each person decides for himself how to save his money. How to save your money? For some, this will be an investment, for someone a bank deposit, and someone will invest all their money in cryptocurrency, everything is very individual and there is no unequivocal answer to this question.

It is and it's a habit that we must have.

Before you invest, you should learn how to save so that you're building up that principle of yours towards effective handling of your finances and money.

If you started to save, you'll crave on how you'll invest your money instead of letting it sit by the bank. With inflation and recession, people tend to look for more ways of making money and how they'll let their money work for them.

Others lack funds for investment because of their incapability to invest. Instead of saving so, they would have something to invest to assure their future, they live a lifestyle that doesn't fit their budget. We should have the right hobby of good spending and wise saving. We must allocate enough funds for our investment.

Pejoh Asu

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The thing we like the most of Cryptocurrencies is to provide full control without being dependent on anyone, if we save it in private wallet, then to send bitcoin does not take 5 minutes to be accepted, this is the real investment because we can control assets with a very high security system . Don't hesitate to start because the future of the transaction system is Cryptocurrencies.

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Quote from: Freeesta on June 15, 2022, 05:06:48 PM

I think it's very important to save money. With inflation, our money has less and less purchasing power. How to make sure that money does not turn into paper? This is a difficult task. Each person decides for himself how to save his money. How to save your money? For some, this will be an investment, for someone a bank deposit, and someone will invest all their money in cryptocurrency, everything is very individual and there is no unequivocal answer to this question.

It is and it's a habit that we must have.

Before you invest, you should learn how to save so that you're building up that principle of yours towards effective handling of your finances and money.

If you started to save, you'll crave on how you'll invest your money instead of letting it sit by the bank. With inflation and recession, people tend to look for more ways of making money and how they'll let their money work for them.

Freeesta

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Quote from: Rruchi man on May 05, 2022, 01:45:39 PM

Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

Get Money- Popular opinion is that you need money to get money, any contrary opinion?
Once you have started getting money the next objective should be how to get more.

Save money- To save money is good, another popular opinion to support this is that , the money you save today will save you tomorrow.
The problem however results when you just keep saving money pointlessly without any plans on how what to do with it, The worse of all is saving money in fiat banks, that money will loose value in no time at all.

Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.

Follow the cycle, don't stop halfway at saving money.

I think it's very important to save money. With inflation, our money has less and less purchasing power. How to make sure that money does not turn into paper? This is a difficult task. Each person decides for himself how to save his money. How to save your money? For some, this will be an investment, for someone a bank deposit, and someone will invest all their money in cryptocurrency, everything is very individual and there is no unequivocal answer to this question.

og kush420

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Quote from: Hamphser on June 13, 2022, 02:42:02 PM

Quote from: og kush420 on June 13, 2022, 08:12:19 AM

Lets just accept the reality and work hard and smarter for having a good life in terms of finances and of course it would be depending on what you've been doing.

That is correct - there is no use to cry for what is gov doing to us. The only solution is to find a remedy and get it done.
We are reducing the outdoor activities - having solar panels installed. Reduced the grocery and trying to live within our means.

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Quote from: og kush420 on June 13, 2022, 08:12:19 AM

Quote from: savetheFORUM on June 12, 2022, 11:02:25 PM

On what country do you live anyway? But 50 percent is a lot. The support that they get is limited but at least there are still support. That is better than nothing at all and if govt give them full support, these people won't try hard anymore but they will just depend on the government forever. That is not right.

These people don't need to be lazy but if they want to improve their lives or to possibly get out of poverty then they need to do something like looking for a sideline or side hustle to earn extra. They can then save some of those money and use the money to create a business later on. They can also use it to study so that they can get a better career.

There are countries where a lot of population live below the poverty line. The developed countries and the people living in the rich countries can't understand what people in the underdeveloped countries are going through. BTW - its Pakistan. We fought the 20 years war with USA and this is destroyed the peace of my country and USA was never happy and they never want stability in this country.

Political issues and conflicts isnt something that could be easily understand on whats the overall god damn reason on why wars and conflicts continue to exist through ages thats why it wont really be that surprising

that even up to now or very long time those argues are still happening which do really make out some significant effect into its citizens.WE do have lots of countries which do sit down on the lowest possible condition

Lets just accept the reality and work hard and smarter for having a good life in terms of finances and of course it would be depending on what you've been doing.

og kush420

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Quote from: savetheFORUM on June 12, 2022, 11:02:25 PM

On what country do you live anyway? But 50 percent is a lot. The support that they get is limited but at least there are still support. That is better than nothing at all and if govt give them full support, these people won't try hard anymore but they will just depend on the government forever. That is not right.

These people don't need to be lazy but if they want to improve their lives or to possibly get out of poverty then they need to do something like looking for a sideline or side hustle to earn extra. They can then save some of those money and use the money to create a business later on. They can also use it to study so that they can get a better career.

There are countries where a lot of population live below the poverty line. The developed countries and the people living in the rich countries can't understand what people in the underdeveloped countries are going through. BTW - its Pakistan. We fought the 20 years war with USA and this is destroyed the peace of my country and USA was never happy and they never want stability in this country.

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Quote from: og kush420 on June 12, 2022, 09:44:21 AM

Quote from: Oilacris on June 11, 2022, 04:55:36 PM

This is indeed the reality on which people cant really make out some savings due to not right amount of salary or earnings that they could really get out of their day job which even getting some extra amounts would be a tough challenge for them.
Its easy to say from someone on having some savings but its not specially if you do have lots of responsibilities or simply being a family man which would really be ending up on spending it all.
Unless if you have a better job that does have better pay and make out some strict fund management in terms of expenses then you could really have that chance.

That is correct - in my country where 50 percent of the population is below the poverty line. They get limited support from the gov so they depend on the same money for food supply and basic shelters, the same way how can they save and invest when they do have extra money and they live in extreme conditions.

On what country do you live anyway? But 50 percent is a lot. The support that they get is limited but at least there are still support. That is better than nothing at all and if govt give them full support, these people won't try hard anymore but they will just depend on the government forever. That is not right.

These people don't need to be lazy but if they want to improve their lives or to possibly get out of poverty then they need to do something like looking for a sideline or side hustle to earn extra. They can then save some of those money and use the money to create a business later on. They can also use it to study so that they can get a better career.

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Quote from: Oasisman on June 06, 2022, 05:26:54 AM

Quote from: Ultegra134 on June 02, 2022, 10:04:16 AM

Quote from: FanEagle on June 02, 2022, 06:50:26 AM

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.

Pretty much explained the whole situation, however, despite the the rising inflation and soaring living costs, I'm still managing to to put money aside, but not from my salary. Any amount I earn from signature campaigns, staking or interest from investments and microtasking is not being used for my survival, yet.

On the other hand, my monthly salary is not enough to get by and my bank account is slowly depleting. I don't want to use any of my Bitcoin, because I'm positive that in a few months it'll pay off.

Realistically most of the average-income people are struggling with their monthly salary coz It will never become excessive, it will always be insufficient.
So, it's gonna be wise to look for a side hustle or start a small business that you could still manage despite of the busy schedules.
In today's market prices, it is almost impossible to save when you earn average income with just one job, let alone buy your own luxuries.

Yes, this is the reality of most people's lives, they can only be satisfied with a month's salary from their work because the increasing needs make it difficult for them to invest and save, sometimes even feel less.
and the only way is to have a side job that can be done outside of working hours, it does require extra time and energy but it can increase your income to be able to save or invest with the aim of creating a business or business that can meet all life needs and continue to invest and also save.
and now we are required to be smart and able to rack our brains on how to live quietly without debt and have a side income other than a steady income in order to live happily.

og kush420

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Quote from: Oilacris on June 11, 2022, 04:55:36 PM

This is indeed the reality on which people cant really make out some savings due to not right amount of salary or earnings that they could really get out of their day job which even getting some extra amounts would be a tough challenge for them.
Its easy to say from someone on having some savings but its not specially if you do have lots of responsibilities or simply being a family man which would really be ending up on spending it all.
Unless if you have a better job that does have better pay and make out some strict fund management in terms of expenses then you could really have that chance.

That is correct - in my country where 50 percent of the population is below the poverty line. They get limited support from the gov so they depend on the same money for food supply and basic shelters, the same way how can they save and invest when they do have extra money and they live in extreme conditions.

Oilacris

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Quote from: og kush420 on June 11, 2022, 04:00:44 PM

Quote from: Bitcoin2009 on June 07, 2022, 11:19:55 PM

Cryptocurrencies give us the freedom to invest at any time, if we see the current price is very cheap then invest immediately and make it for the long term then I'm sure you can make big profits, the principle of a successful investor is to be willing to take risks and of course be patient.

well - in our country - which is a third world country people hardly have money to save and invest nowadays.
There is a hue and cry everywhere due to inflation and the things have changed the over all economy of my county - how can someone in my country - save and invest when they are hardly making their both ends meet.

This is indeed the reality on which people cant really make out some savings due to not right amount of salary or earnings that they could really get out of their day job which even getting some extra amounts would be a tough challenge for them.
Its easy to say from someone on having some savings but its not specially if you do have lots of responsibilities or simply being a family man which would really be ending up on spending it all.
Unless if you have a better job that does have better pay and make out some strict fund management in terms of expenses then you could really have that chance.

Topic: Get, Save & Invest. (Read 1191 times)