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Topic: Get, Save & Invest. - page 6. (Read 1157 times)

hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 10, 2022, 12:54:47 AM
#72

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.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.

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
It's almost impossible to save money when the income is only enough to pay for basic needs, especially when there are more people (family members) dependant on that person who wants to save some bucks every month. In this case, I suppose the solution is to raise the income somehow by going for some extra income side works or tasks. The person will probably feel exhausted, although sacrifices are needed on the present moment in order to acquire some confort and life quality futurely. At same time it's a very important alert for young people to constitute their financial life before constituting their family.
hero member
Activity: 2352
Merit: 594
May 10, 2022, 12:17:08 AM
#71

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.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.

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
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 10, 2022, 12:10:36 AM
#70

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.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.
legendary
Activity: 2282
Merit: 3014
May 09, 2022, 10:39:36 PM
#69
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.



Well I think you do need money to make money, or to "get money", otherwise how are you going to invest.  But I think one very important piece of information here with what you're saying is the importance of saving EARLY!  There is a massive difference in someone who stashes away a little bit of cash in say their early 20's compared to someone in their mid to late 30's who's saving a considerable amount more.  So lesson here is, save early people..it will absolutely with out question pay off!
hero member
Activity: 2912
Merit: 613
May 09, 2022, 07:48:33 PM
#68
In saving, you're practicing the discipline on how to become responsible with the hard earned money you've got. It's actually a good start if you're not an investor yet you're starting to make sure that your money is well spent.

And being an investor, it is being learnt in the process when you've come to understand that your money sleeping in the bank isn't going to multiply by just being there.

That's how you're going to be open in investing but, don't listen to all people that suggests specific platforms where to invest because as an inexperienced investor, you may fall to scam investments and that's why before investing you need to make your own analysis and research where it's good to invest.
Since you work hard to earn that money, then you should always be skeptical to spend it especially if you are not sure if investing it in a new platform will work or not. That is why we should always DYOR first in every investments we attempt to make so that our money will not go into a waste. Although there's no guarantee in making such investments, but knowing what and where to invest will always lessen the risk of losing our funds.
sr. member
Activity: 1722
Merit: 252
May 09, 2022, 03:16:50 AM
#67
The presence of Crypto makes it easy for investors to manage assets, if we invest in stocks, there will be many things needed such as the difficulty of selling stocks and exchanging fiat when we really need money, with crypto then we can invest and be free to sell at any time as long as we get profit Or we really need money.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
May 08, 2022, 12:42:47 PM
#66
It cannot be denied anymore that the best investment right now is Cryptocurrencies, the investment that is always in the hands and we control completely without depending on anyone, it has been proven that Crypto is an easy way to succeed and rich, so immediately do it now.
Not really that bad to be that optimistic but you shouldn't really make yourself to be that too positive in regards to your investment specially with cryptocurrencies because despite on having big potential,you can't really still not able to assure about making profits.Losing chance is still there which means that you can't really have that risk free one.Savings is something that you could get from your investment or something extra which could be possibly used on different aspects.
full member
Activity: 700
Merit: 102
May 08, 2022, 12:34:50 PM
#65
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.
legendary
Activity: 2338
Merit: 1124
May 08, 2022, 12:18:59 PM
#64
Get money - save money  - Invest money is the way of life. I doubt there are people in this world that Get Money and don't invest in whatever business it may be.
Investment is a wealth building process in which the investor have an opportunity to earn returns to increase his/her money.

Even if you have some fiat savings in the bank is not a bad idea, it is important to have a plan b, besides you still need fiat as it is still the only legal currency. It is better to invest 70% of your money and keep 30% cash in the case of a bad investment. And speaking of which it is important to know the kind of investment, crypto, real estate, agriculture are good sectors to invest.
I have to agree that there is a good reason why all the rich people got rich by basically either building a business, or just investing into the right business' at the right time. If you want to be rich enough to retire early and all that, then you will be able to do that however you invest, as long as it is good investment for the long future time, then you will be fine.

But, never expect your investment to be as good as starting a new business. Most major rich people became rich like that. I suggest doing this to start, working hard, earning more, saving a lot, investing wisely, but when you reach to a level, start considering starting a job.
legendary
Activity: 2506
Merit: 1125
May 08, 2022, 11:48:22 AM
#63
it has been proven that Crypto is an easy way to succeed and rich, so immediately do it now.
No, it shouldn't be as easy as you think because you and other users know that crypto investing is not only about profit but also about risk of loss. It is not good to think that this crypto investment promises profit, success and get rich quick because that is the characteristic of Ponzi investing. Crypto investing is a great way to take advantage of market fluctuations due to supply and demand. The growth in adoption and increasing buying interest have led to investors getting worth it returns.

So, you should not think that crypto investing is a get-rich-quick and easy scheme to achieve success. There are many investors who fail because they do not know how this investment works and also how to secure their investment assets, and there are many traders who lose because they are unable to control their emotions and trading psychology and it must be a fact that these investments and trades do not promise anything even though investors and trader have taken a lot of advantage from it.
sr. member
Activity: 1358
Merit: 253
May 08, 2022, 11:23:56 AM
#62
It cannot be denied anymore that the best investment right now is Cryptocurrencies, the investment that is always in the hands and we control completely without depending on anyone, it has been proven that Crypto is an easy way to succeed and rich, so immediately do it now.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
May 08, 2022, 11:01:49 AM
#61
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.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
May 08, 2022, 10:49:53 AM
#60
But in this case it depends on everyone, usually, even though on average everyone always wastes.
this is indeed quite natural because it is human nature which is indeed very difficult to change because wasteful and greedy habits are natural traits that have always been in fact.
It's very difficult to do self-discipline, especially regarding finances

It depends on how you are saving that money, I mean it is on bank or just put in it crypto and let it sleep for many years?

Yeah, of course it's human nature to used money to satisfy our needs. But if you are that kind of person that look in the future and have a good life for you and your family, then it's better to invest long term.
The problem is that it depends on how we respond to life because humans are still in the stage of dissatisfaction and this is still something that is quite difficult to avoid, especially since the necessities of life are getting more and more difficult because of the increase in all fields, especially in the last few years.
This is a factor that must be taken into account as well because indeed sometimes when we have future plans it is also sometimes hampered by the needs of the present
full member
Activity: 1050
Merit: 100
May 08, 2022, 10:44:22 AM
#59
Good money management is the key to future success. with the money we get then we must be good at managing it. I personally will sort it out where there is one for personal needs and one for investment. from this investment our money will work itself, so it will provide guarantees for us in the future. Don't let the money we get we spend and then look for money again, because forever we will continue to live like that
hero member
Activity: 2562
Merit: 577
May 08, 2022, 10:33:48 AM
#58
Investment is very important, some people don't see it as important because probably their job is earning them good money so they only save money but don't invest.
I always try to invest some part of my salary because of future.
No matter how small the amount, it is good to invest to support your retirement when the time comes.
I have already invest some amount in crypto,  now I want to diversify into properties because they have long term value.
full member
Activity: 1092
Merit: 227
May 08, 2022, 08:12:40 AM
#57
Ahh, I think I am on the right track here. Doing the same thing since I started my part time job. Though most of the money goes into my fees and few visits to tourist spots around the country I’m trying a lot to save money. Mostly I’m saving the money in cold wallet by making bitcoin purchase on p2p basis. It’s fair trade to save fees on exchangers and credit card pays on the same. I’m constantly making efforts to get money by doing different chores and forum is great help in the same. I try not to spend any penny which I earn from the forum itself. Rest, I hope I will find some good ways to earn sooner or later. Trying for blog write ups.
member
Activity: 336
Merit: 41
May 08, 2022, 07:39:44 AM
#56
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.


It's a good thing to follow the cycle, especially the first two which talk about "getting the money", and "saving the money", many people fortunately have the opportunity of getting the money either through a monthly or daily pay job(s). And try to keep savings in case of uncertainty .

But the hard part of it based on my experience with certain person I have come across that had the money is the "invest money part.

Many people have allot in their possession but lack the knowlege to invest rightly. Some don't even know where to start investing into. Others that might have tried investing probably invested into the wrong place and that eventually led to a loss they couldn't bear or forget.

So in as much as we encourage people to invest as to reproduce their wealth we should also not forget to drop advises on how, where and when to invest too. 
sr. member
Activity: 1890
Merit: 252
The OGz Club
May 08, 2022, 02:59:53 AM
#55
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.


Many people don't know what is the real investment, they choose wrong and lose their money so in my opinion first of all they should plan and get knowledge about the investment before risking their money into something.

Getting money is the tough task as well, because its hard and it takes lot of time to save enough money.


I think it is a mandatory thing that needs to be done before starting to invest,
investing isn't just about holding coins and then selling them,
knowledge and skills we must have because they are important things and it also helps us make decisions in choosing coins
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
May 08, 2022, 12:41:41 AM
#54
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.



Get money - save money  - Invest money is the way of life. I doubt there are people in this world that Get Money and don't invest in whatever business it may be.
Investment is a wealth building process in which the investor have an opportunity to earn returns to increase his/her money.

Even if you have some fiat savings in the bank is not a bad idea, it is important to have a plan b, besides you still need fiat as it is still the only legal currency. It is better to invest 70% of your money and keep 30% cash in the case of a bad investment. And speaking of which it is important to know the kind of investment, crypto, real estate, agriculture are good sectors to invest.
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
May 08, 2022, 12:03:54 AM
#53
earn, save and invest I totally agree with your review, because most of us including myself, are not very smart to save money, most of us are only good at spending money, investing is the best way that we should apply, because today's digital of course we also have to be wise in looking for opportunities, let money work by itself, without having to drain our energy we can also get income.

Investment is the best way for us to increase assets and save time than manual labor. We're all going to age and manual labor won't help us when we're old. But to get the best investments you must first have some savings because investing does not always bring us returns, sometimes there will be losses and then savings will be needed more than ever. It not only helps us to balance our finances in investment and life, but also helps us have a comfortable mentality when investing.
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