Get, Save & Invest. - page 4. | Bitcointalksearch.org

tabas

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Quote from: Quidat on May 13, 2022, 07:19:06 PM

Quote from: tabas on May 13, 2022, 12:36:34 PM

Quote from: Spontaneous on May 12, 2022, 05:54:57 PM

Getting this strategy will make you stable and you can control your Day value. In addition, this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

In the long run, when you have investments and savings it will literally going to make you stable and free financially. That's why everyone is having their own ways of increasing their wealth so that there's no problem thinking about monetary problems.
You need to be wise in where you use your money and if it's in investments, you need to be a risk taker and aware that it won't be an easy journey to grow it.

We are all thriving for that particular goal or targets in life because we dont like on being broke nor having problems with your daily living or survival just because you dont have
money to spent or something been saved up which it is the common reason on why we do really find out ways or something need to risk when we are really that
mindful in regards with our future.

When you've lived a not so fortunate life, you want to make things better for you so that you and your family won't face the same life that's unfortunate before.
With that thinking, what you wanna do is to save and find an investment where you think will make your life better and profitable in the next years based on your plan.

macson

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Quote from: Quidat on May 13, 2022, 07:19:06 PM

Quote from: tabas on May 13, 2022, 12:36:34 PM

Quote from: Spontaneous on May 12, 2022, 05:54:57 PM

snip

We are all thriving for that particular goal or targets in life because we dont like on being broke nor having problems with your daily living or survival just because you dont have
money to spent or something been saved up which it is the common reason on why we do really find out ways or something need to risk when we are really that
mindful in regards with our future.

there are still many people who don't care about investing and saving because they think the future is not important. i learn a lot from people around, especially parents in my area, those who don't have savings experience difficulties in their old age, it's different from those who have savings, they can live their old age/retirement comfortably and calmly. Saving and investing are the most important things to do from a young age.

Quidat

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Quote from: tabas on May 13, 2022, 12:36:34 PM

Quote from: Spontaneous on May 12, 2022, 05:54:57 PM

Getting this strategy will make you stable and you can control your Day value. In addition, this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

In the long run, when you have investments and savings it will literally going to make you stable and free financially. That's why everyone is having their own ways of increasing their wealth so that there's no problem thinking about monetary problems.
You need to be wise in where you use your money and if it's in investments, you need to be a risk taker and aware that it won't be an easy journey to grow it.

We are all thriving for that particular goal or targets in life because we dont like on being broke nor having problems with your daily living or survival just because you dont have
money to spent or something been saved up which it is the common reason on why we do really find out ways or something need to risk when we are really that
mindful in regards with our future.

tabas

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Activity: 3024

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Quote from: Spontaneous on May 12, 2022, 05:54:57 PM

Getting this strategy will make you stable and you can control your Day value. In addition, this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

In the long run, when you have investments and savings it will literally going to make you stable and free financially. That's why everyone is having their own ways of increasing their wealth so that there's no problem thinking about monetary problems.
You need to be wise in where you use your money and if it's in investments, you need to be a risk taker and aware that it won't be an easy journey to grow it.

stepwilli

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You need money to get money, but that’s not the case in every situation; you can make money without money, sometimes all you need is just time and hard work. If you always need money to get money, then how do you get money in the first place? The thing is that when you have made money, you are able to make more, so I get what you were trying to say here.

Take for example – BTC, those whales are the ones who are able to make a lot of money from the market because they are the ones who invest more than everyone else and when you have invested more money, you will make more profit.

lienfaye

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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.

I agree in this strategy. First is to get money through working hard, having a job can ensure that you'll get an stable income and much better if you also have an extra job to maximize the money that you can earn and save.

But its necessary that you know how to manage your money for the monthy budget, the amount to save and the amount that you'll invest. It doesnt mean we have to spend all our savings to invest, because its also hard to have no cash on hand in case of emergency.

Gaining through our investment takes time hence the money that you'll put on it must be the money that you can live without.

Spontaneous

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Getting this strategy will make you stable and you can control your Day value. In addition, this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

Smartvirus

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

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.

When I comes to saving money, it something that is basically backed by the idea that brought about that savings actually otherwise, it could be pointless. Although arguably, savings in fiat currency and value is relative. Relative in the sense that, not all nations fiat's depreciates or devaluation drastically, using Uncle Sam and the USD as an example. Dollar is a base currency and a relatively stable currency at least, stable than most. One who saves in dollars has little needs for a lot of headache but, that's still not the best of practices.

Money is supposed to make you more money. That's the best way to use money and sadly, money saved in fiat currency is sure to make you non or a very little percent after a very long time. That's unacceptable and the more reason why those with the investor mindset won't save in fiat. Cryptos becomes preferable as it assumes a dual nature being currency and asset. You've just got to learn hodling and be ready for a bear market that is geared at breaking your hodlings.

batang_bitcoin

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Quote from: Sir Legend on May 11, 2022, 11:20:00 PM

If we want big profits in the short term (less than a month) and long term (more than a year) then today is the best time to buy, I'm sure that the bitcoin price will normalize soon and return to the level of $40k even more a month, maybe the bitcoin price it can drop below $25k, but the best thing is to be optimistic and don't panic, it's definitely better to keep buying.

And that's two things; saving and investing.
The two terms can actually use for having bitcoin, you save bitcoin and you're also investing. You're right that it's the best time to buy but we always tend to say that whenever the dip comes. There goes the people that have bought already when they've seen it under $30k and dismayed that it had to go low more. Avoid looking at the charts today for some moments if there's no need to do so.

carlfebz2

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Quote from: Xampeuu on May 12, 2022, 11:14:49 AM

Quote from: bitzizzix on May 11, 2022, 11:53:35 PM

Saving and investing are two different things, saving can be interpreted by setting aside a certain amount of money to be saved and the money can be used at any time if needed. While investment can be defined as investment activity within a certain period of time with the hope that the use of the capital can generate profits or increase in value.
and all necessities of life go into savings and use it when needed and this is very important, and I use 75% of my salary income for living needs, lifestyle, impromptu funds and also my parents. And 25% for investment and for long-term investment and if done consistently and disciplined the results will be felt.

right, saving up to now is defined as setting aside money without risk, just like saving fiat, where the value will remain the same at any time, in contrast to investment, even though it is the same as setting aside money, but contains risks, on the other hand with investment we can increase the value in currency fiat money, which is often referred to as profit. and investing is often referred to as saving in a smart way

Saving in terms of fiat or crypto do really share up on the same motive which is to accumulate as much as we could as long we could see opportunity or chances for us to make profits then this is where we do really

make out immediate actions if we do see chances but we know that not all would really be having that capability on doing so due to some factors but its up to someones decision to take.

We do have our own particular goals but do share up with the same motive which is to reach out this particular condition.

Xampeuu

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Quote from: bitzizzix on May 11, 2022, 11:53:35 PM

Saving and investing are two different things, saving can be interpreted by setting aside a certain amount of money to be saved and the money can be used at any time if needed. While investment can be defined as investment activity within a certain period of time with the hope that the use of the capital can generate profits or increase in value.
and all necessities of life go into savings and use it when needed and this is very important, and I use 75% of my salary income for living needs, lifestyle, impromptu funds and also my parents. And 25% for investment and for long-term investment and if done consistently and disciplined the results will be felt.

right, saving up to now is defined as setting aside money without risk, just like saving fiat, where the value will remain the same at any time, in contrast to investment, even though it is the same as setting aside money, but contains risks, on the other hand with investment we can increase the value in currency fiat money, which is often referred to as profit. and investing is often referred to as saving in a smart way

tygeade

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Quote from: Furious 7 on May 11, 2022, 03:20:07 AM

Agree with what you say because 50% feels big enough for daily needs but on the other hand everyone needs to express themselves. saving is indeed very good but on the other hand we also don't have to torture ourselves for it but of course if indeed the allocation we previously determined is still there, then indeed we also save it for investment in old age as well as for 30% personal desires when we don't If you want anything this month, then we can also move it for investment because this is only an allocation regardless of whether it is fully used or not, the most important thing is that it doesn't interfere with old-age savings.

I would say that even if we are talking about torture, like as in living in a very tiny apartment, even a room, paying very little, and eating noodles, all for just 5 years of our life, could unlock a great life after that but that's a risk we are taking with our life, something we can't get back and that's why people do not do it.

I mean if you lose money, you could always earn more of it later on, if you lose your car, you can get a new one, if you miss out on a movie, you could always watch it online later on, but if you miss out on your life then you are going to end up with not getting that back and this is why people do not save enough, they want to live.

bitzizzix

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Saving and investing are two different things, saving can be interpreted by setting aside a certain amount of money to be saved and the money can be used at any time if needed. While investment can be defined as investment activity within a certain period of time with the hope that the use of the capital can generate profits or increase in value.
and all necessities of life go into savings and use it when needed and this is very important, and I use 75% of my salary income for living needs, lifestyle, impromptu funds and also my parents. And 25% for investment and for long-term investment and if done consistently and disciplined the results will be felt.

Sir Legend

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If we want big profits in the short term (less than a month) and long term (more than a year) then today is the best time to buy, I'm sure that the bitcoin price will normalize soon and return to the level of $40k even more a month, maybe the bitcoin price it can drop below $25k, but the best thing is to be optimistic and don't panic, it's definitely better to keep buying.

Quidat

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Quote from: lixer on May 11, 2022, 12:28:44 PM

Quote from: Dunamisx on May 10, 2022, 09:17:48 AM

Quote from: Wong Gendheng on May 10, 2022, 04:50:49 AM

Investments that are very easy to do with very high profit opportunities are of course cryptocurrencies

Don't be surprised as they are good enough fkr profitability, they can still pose a danger to a great loss on user, the main thing that helps in this situation is to know how to do about it, having a good understanding of crypto price speculation and making good advantage of it by taking good positions.

If you are investing in trusted high ranked coins then I am guessing that it would be pretty difficult for most of them to end up losing money. I am not saying that it is impossible, but you will not "lose" money if you hold it long enough.

Just to give an example, bitcoin is low right now, so if you bought bitcoin at ATH prices and holding today, you will feel horrible about it, if you sold it at ATH and bought right now you would have double the bitcoin amount. However, that is not a loss if you do not sell it, it is a shame that you didn't bought lower right now but you could still hold it until the price goes up and could profit if you wait.

Not really that an assurance because some of the top coins back in the past years have come down in value and rank in overall which means that everything could possibly happen
thats why its really very crucial for you to make out some targets or selling points rather than holding for ages.Well, its your money then its your full control of things
and your decision to be made but be sure that you should be aware on how this market moves and make out immediate actions which you do seem right or beneficial for you.

lixer

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Quote from: Dunamisx on May 10, 2022, 09:17:48 AM

Quote from: Wong Gendheng on May 10, 2022, 04:50:49 AM

Investments that are very easy to do with very high profit opportunities are of course cryptocurrencies

Don't be surprised as they are good enough fkr profitability, they can still pose a danger to a great loss on user, the main thing that helps in this situation is to know how to do about it, having a good understanding of crypto price speculation and making good advantage of it by taking good positions.

If you are investing in trusted high ranked coins then I am guessing that it would be pretty difficult for most of them to end up losing money. I am not saying that it is impossible, but you will not "lose" money if you hold it long enough.

Just to give an example, bitcoin is low right now, so if you bought bitcoin at ATH prices and holding today, you will feel horrible about it, if you sold it at ATH and bought right now you would have double the bitcoin amount. However, that is not a loss if you do not sell it, it is a shame that you didn't bought lower right now but you could still hold it until the price goes up and could profit if you wait.

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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.

This is indeed a very good cycle to keep money, once someone can be consistent in this cycle mode of living life, he/she will find it very easy to live life, because life itself relay on these things.
We need money to sustain our lives that's why we save money, and if we save money without plan, we endup misusing the money because they are not properly saved, that's why investment in good.

Emitdama

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

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.

This is true like for example in gambling when you only depend on the free money that they gave, you can't go anywhere or can't win big but if you will deposit, that amount must be a lot bigger than what the gambling site is giving for free. You will also bet big that way and if you win, you win big too.

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

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.

If you don't know why you are saving money then it's better if you won't do it but better if you can just spend any amounts you have right away. Not only that you will feel happy, it also won't cause you any stress to think if how you are gonna spend that huge money in you bank if ever you are saving.

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

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.

But, you must be careful on what you are investing. The more money you invest, can also lead to more losses if you pick up a wrong asset so you must choose wisely. It's okay to stop, halfway, for some reasons but let us try to continue what we have started as long as the results are quite good enough.

Furious 7

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Quote from: Shasha80 on May 10, 2022, 04:31:09 PM

Quote from: Furious 7 on May 10, 2022, 03:59:57 PM

When it comes to savings and real needs I still go the old way of managing my current finances. when i get money i make multiple allocations and the one i often use is method 50,30,20.
when I get my salary I save 50% for my daily needs to save my life in the following days, 30 percent for my personal desires and 20% for savings.
when talking about the needs on the other day, actually there was already an allocation of 50% there because that was the initial thing that had been prepared.
as for saving the concept if there is something urgent or for purposes in old age.
when you save only for tomorrow then maybe you need to re-manage your finances

From your explanation of how you manage your finances, I think it's quite inspiring for me to follow, because the amount of the allocation of
funds that you specify for me is quite reasonable. Indeed, in living our daily lives most of our income is used to meet daily needs. So it's not
surprising that we must at least allocate 50% of our income for daily needs. Most importantly, we should not be short of money to meet our
daily needs. If our daily needs are not met, then something is wrong in managing our finances. Everyone certainly has a personal desire to
entertain ourselves from the stress of work that we experience. So there must always be an allocation of funds for us to spend on personal needs.
But I think 30% is too big for personal use, for me 10% for personal needs is enough. So the remaining 40% I suggest is divided into 20%
for savings and 20% more usually I use for investment. With such a financial arrangement I am sure my future can be bright.

Agree with what you say because 50% feels big enough for daily needs but on the other hand everyone needs to express themselves. saving is indeed very good but on the other hand we also don't have to torture ourselves for it but of course if indeed the allocation we previously determined is still there, then indeed we also save it for investment in old age as well as for 30% personal desires when we don't If you want anything this month, then we can also move it for investment because this is only an allocation regardless of whether it is fully used or not, the most important thing is that it doesn't interfere with old-age savings.

19Nov16

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The presence of crypto is the right solution in modern times as it is today, it is time for us to invest and control full without anyone's dependence, when we see the increase then the right time to sell because tomorrow or the day after tomorrow can go down again, and this is the most feasible asset and investment that very flexible.

Topic: Get, Save & Invest. - page 4. (Read 1191 times)