Topic: Get, Save & Invest. - page 5. (Read 1191 times)
Maybe we don't mean get but buy, save and invest, if we want to get crypto for free of course we have to follow bounties or airdrops, but if we have money then buying is faster and more profitable, the big potential of crypto is a few days now when the price bitcoin drop is significant hence the best time to buy.
Save while you can, invest while you can, and never push yourself to do both when there is no need. You need food, you need clothes, and you also need fun and that's why you need to meet your needs before saving and investing.
It's true that that way we will have a good hope of making a profit in the long run (depending on what investment assets we have), but we shouldn't do it just for the money because actually we still need to invest for health in the long term.
True. Our health should always comes first than any other investments that will generate income. Investments can wait. We should always fulfill our basic needs first so we can live life not the hard way. And if we are now capable to save, then save and reserve some funds for investments. In this way, we will never end up regretting in the future. It's true that that way we will have a good hope of making a profit in the long run (depending on what investment assets we have), but we shouldn't do it just for the money because actually we still need to invest for health in the long term.
Hustle everyday if you have the chance and before doing everything like this, make sure you have a goal so you can focus where to manifest those energy. Do some research, learn new something and keep learning so you won't stop half-way and party less and hustle big. Choose to stay positive all the time so that your fire won't stop burning half-way.
It's okay to make mistake as long as you learn from it, so keep doing more mistakes due to risking something and not when you know what was coming. Make a strategy on how you would make things easy even though it's hard but planning is always a big help.
It's okay to make mistake as long as you learn from it, so keep doing more mistakes due to risking something and not when you know what was coming. Make a strategy on how you would make things easy even though it's hard but planning is always a big help.
Saving is the best form of investment.
I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.
I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency. The difference is that a bitcoin hodler saves in a currency that has the tendency to appreciate rather than depreciate like fiat.
Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.
I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.
I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency. The difference is that a bitcoin hodler saves in a currency that has the tendency to appreciate rather than depreciate like fiat.
Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.
Are you saving? but saving in bitcoin is not fiat, rather you are investing in bitcoin for the long term. Yes, we should invest in things like bitcoin that can increase in value over time.
Fiat will depreciate if you hold them for a long time but fiat savings will be essential for your investment as well as for your life because bitcoins don't always go up. Currently bitcoin price is down 50% compared to ATH so if you need money urgently for life selling bitcoin now is not a wise choice unless you have been a bitcoin buyer since 2013-2014.
investing is the same as saving, now crypto provides the best opportunity for those of us who save money in a bank or in a home safe to take the option of investing in crypto. money invested in crypto can work for us, and can grow more and avoid inflation in our country. Saving for today for tomorrow's needs is a very good financial management, there is no need to splurge if tomorrow is not clear about our financial income.
Yes, it’s good to save for tomorrow’s needs, but you have got to have really good plans. You don’t just be saving money simply for tomorrow’s needs, because you’re just going to end up spending your savings on needs that would probably be leading you to nowhere. I make savings, but I always have plans, such as my business and ways I am going to improve. You need think ways to invest your savings so that you will be able to make more and steady income. That’s the reason for savings. you wont really be reconsidering on having one specially if you do see that you have money to spent on but of course it isnt really that also bad to focus on saving for securing your needs or priorities
which are needed for you to survive on daily living.For some people who are really minding about future and being sustainable then investments would be their main idea.
investing is the same as saving, now crypto provides the best opportunity for those of us who save money in a bank or in a home safe to take the option of investing in crypto. money invested in crypto can work for us, and can grow more and avoid inflation in our country. Saving for today for tomorrow's needs is a very good financial management, there is no need to splurge if tomorrow is not clear about our financial income.
Yes, it’s good to save for tomorrow’s needs, but you have got to have really good plans. You don’t just be saving money simply for tomorrow’s needs, because you’re just going to end up spending your savings on needs that would probably be leading you to nowhere. I make savings, but I always have plans, such as my business and ways I am going to improve. You need think ways to invest your savings so that you will be able to make more and steady income. That’s the reason for savings. 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.
investing is the same as saving, now crypto provides the best opportunity for those of us who save money in a bank or in a home safe to take the option of investing in crypto. money invested in crypto can work for us, and can grow more and avoid inflation in our country. Saving for today for tomorrow's needs is a very good financial management, there is no need to splurge if tomorrow is not clear about our financial income.
Yes, it’s good to save for tomorrow’s needs, but you have got to have really good plans. You don’t just be saving money simply for tomorrow’s needs, because you’re just going to end up spending your savings on needs that would probably be leading you to nowhere. I make savings, but I always have plans, such as my business and ways I am going to improve. You need think ways to invest your savings so that you will be able to make more and steady income. That’s the reason for savings. 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
Saving is the best form of investment.
I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.
I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency.
I agree about saving is also a form investment and giving you the discipline on how to handle your money properly. But even if you're a good saver but you lack of knowledge on the investment vehicles to put your money, you're likely to lose it all. I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.
I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency.
But learning it from the experience, I was also scammed before but it's not all of my money but that experience had taught me a lot of things on how to be wise with my money.
The difference is that a bitcoin hodler saves in a currency that has the tendency to appreciate rather than depreciate like fiat.
Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.
This is right, it appreciates and we all know the true potential of it because we have the idea and we've got knowledge based on it. Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.
investing is the same as saving, now crypto provides the best opportunity for those of us who save money in a bank or in a home safe to take the option of investing in crypto. money invested in crypto can work for us, and can grow more and avoid inflation in our country. Saving for today for tomorrow's needs is a very good financial management, there is no need to splurge if tomorrow is not clear about our financial income.
Yes, it’s good to save for tomorrow’s needs, but you have got to have really good plans. You don’t just be saving money simply for tomorrow’s needs, because you’re just going to end up spending your savings on needs that would probably be leading you to nowhere. I make savings, but I always have plans, such as my business and ways I am going to improve. You need think ways to invest your savings so that you will be able to make more and steady income. That’s the reason for savings. legendary
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I agree with the op, except for me, I go with only -
Get Money
And -
Invest Money.
Yes, I don't save money because saving means I have to keep it in fiat in either my bank or saving box, and like the op said, money saved in fiat losses value faster than we think.
So what I personally do is Get Money, keep that which I need to spend in my bank account or withdraw it and keep in cash, and then Invest (money), that which I need to invest in crypto, money saved can also be invested, so why save it when I can actually Invest it?.
Get Money
And -
Invest Money.
Yes, I don't save money because saving means I have to keep it in fiat in either my bank or saving box, and like the op said, money saved in fiat losses value faster than we think.
So what I personally do is Get Money, keep that which I need to spend in my bank account or withdraw it and keep in cash, and then Invest (money), that which I need to invest in crypto, money saved can also be invested, so why save it when I can actually Invest it?.
This short post is the Sum of how to be successful. As the money is important to get your needs done, It is also play crucial role to stabilize the whole carrier of your and those around you.
The first step Where Where you struggle to get Money. The best option to fulfill this role is to master your sell in specific skills specially according to current demand of in both physical world and in digital world. Sticking to something you learn in old time but don't have the demand now is not cool at all.
Then comes the 2nd part. Saving the money. I think The best way to save money is to go for Real Estates and Gold. fiat money lose value each day.
The third step is only for those with experience. Going soon after getting money in your hands to invest is not good idea. Think, Observe and then do investing.
The first step Where Where you struggle to get Money. The best option to fulfill this role is to master your sell in specific skills specially according to current demand of in both physical world and in digital world. Sticking to something you learn in old time but don't have the demand now is not cool at all.
Then comes the 2nd part. Saving the money. I think The best way to save money is to go for Real Estates and Gold. fiat money lose value each day.
The third step is only for those with experience. Going soon after getting money in your hands to invest is not good idea. Think, Observe and then do investing.
~snip~
Follow the cycle, don't stop halfway at saving money.
Follow the cycle, don't stop halfway at saving money.
I agree with that, also don't forget to prepare your emergency fund too not because you have a target to become more money you forgot to prepare your funds in emergency situation. So when you're investing your investment capital won't get touched when you suddenly need money. Just keep patience and do like what you say and set your mind that our effort won't betray us in the future.
Saving is the best form of investment.
I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.
I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency. The difference is that a bitcoin hodler saves in a currency that has the tendency to appreciate rather than depreciate like fiat.
Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.
I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.
I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency. The difference is that a bitcoin hodler saves in a currency that has the tendency to appreciate rather than depreciate like fiat.
Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.
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.
even with a capital of less than $ 1000 then we have the opportunity to get big profits in a short time,
The amount does not really matters atimes, making profit can be a non deterministic factor because one does not know which end it will fall at by making profit or loosing, and making profit within the shortest period always falls inline with those that go on trading.
the most important point in investing is full control and we can sell it at any time.
yes you're right, but selling at any time could be suitably good enough when the current price is favourable as well, so for times like this one should hodl.
Crypto is an amazing investment innovation, we can fully control all assets without depending on anyone even without anyone knowing, billions of dollars in 1 wallet never make us worry because we can control at any time, let alone the presence of stable coins so as to make crypto assets safer.
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.
This is the most important stage in the life of human. You have to think of how to invest the money you have so that in the future you can fall back to it. This stage deserve more careful not to invest wrongly. Many people have failed in this stage because of wrong decision and investment that didn't bring profit.
You have a point, but in terms of saving, there are still people that are having difficulty saving because their money or earnings were just enough for their daily needs. Though there are still people saying that no matter how low your income is, you just need to have self-control. This is also true, but you can only save small amounts of money online compared to others that have a big income. It is easy to save
Yeah, agree, but as what I have stated, you can still save even if your salary is too low, because saving is not about big money, it is also a small one. You can save at least $1 per day, that's a saving, but again, this is like taking years to save a lot of money since you are saving too little. Having a side job is the solution. If you need to find another job, but you know it is still difficult to find a job, having a side job is another option. Then slowly finding another job that suits you
The hard part is getting the money (meaning having an excess you can save/invest). This is coz you need to be making more than the minimum amount of money you should be spending.
The saving part shouldn't be taken to an extreme, preferably you'd only have a certain amount of money left (like 3 months to a year's worth of your expenses) otherwise you are losing money, especially if you are saving that in the bank.
The investment then comes slowly as you become more secure financially.
The saving part shouldn't be taken to an extreme, preferably you'd only have a certain amount of money left (like 3 months to a year's worth of your expenses) otherwise you are losing money, especially if you are saving that in the bank.
The investment then comes slowly as you become more secure financially.
Quote
Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.
Follow the cycle and don't stop half way.
I think, it will be difficult for people to experience poverty in the community, if they can be able to follow this step which will be profitable to people in the future. Now that the price of coins has decreased to the level people can get a huge amount of capital to buy coins and hold for the price to increase higher before they can sell to embrace profits. I believe this is the time to use the money you saved early last year to invest in a particular project that will bring you a passive income before the end of this year 2022. It will be difficult for people to miss their opportunity because people are fully ready to use a huge amount of capital to invest in this season.
Investments that are very easy to do with very high profit opportunities are of course cryptocurrencies, even with a capital of less than $ 1000 then we have the opportunity to get big profits in a short time, the most important point in investing is full control and we can sell it at any time.
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.
Yes, that's the most important thing. Spend money carefully. If you constantly deny yourself some pleasures, then life will not be interesting. The meaning of further action is lost, a person is simply not interested in further development. Earning money is necessary to live an interesting life. But not to live in order to work.
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