How to save and invest wisely? | Bitcointalksearch.org

rodel caling

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Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

Its obvious you are here in bitcoin community much better to learn well what coins you want to invest in long term to get earn profits. I suggest if you have enough money buy bitcoin as first choice if your money is not enough to buy bitcoin choose from the altcoins came from the top 10 I'll asure you, you get earn profits in long run.

carina228

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I think the best investment is investing in your own business. Is not it? What do you think about it? You will earn high profits later if you can choose the right business area. I did so a few years ago, and I have no regrets because I am successful in my field now. But I didn't have enough money to buy the business I wanted to buy. My friend advised me acquisition business loans https://www.lendgenius.com/business-loans/acquisition-loan/ . I hesitated for a long time, but I decided to get such a loan. I did not regret, because my business went up, and I quickly repaid the loan.

extremeprivatemasternode

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Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

try investing to great starting cryptos like EPM where you could earn in the near future

lienfaye

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Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

Its important to save because in times you're in need or incase of emergency you have money to use. But saving doesnt increase your money, you need to invest as well.

In order to do it you have to plan where to invest, there are many investment opportunity out there but you have to choose whats best suits you. Gain knowledge and study how it works, investment is risky and cant guarantee sure money thats why you have to be prepared whatever the outcome is.

IMO investing in crypto is profitable especially now that the coins are decreasing in value due to bearish trend. This is the right timing to engage yourself in crypto, buy btc and other popular altcoins since the prices are still cheap.

TahaAhmed

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Well it is important to keep track of your investment and use them wisely while having backup many people also track their investment just like may corporates track their employees tasks team task management for tracking their employees tasks.

Ashong Salonga

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For me investing our money is risky but i believe that it is more better than saving it, if we can only invest our money on good projects or on a top crypto like ethereum and bitcoin i am sure we can able to make huge profit in the future especially when bull run comes again.

peter0425

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Quote from: Hantague1 on October 06, 2019, 11:54:08 AM

Invest in new altcoins

What?new altcoins?any specific?OP is looking for advice safely investing and not to be a victim of scammers and shitcoins lol 😂

Quote from: sweetbet on October 06, 2019, 06:36:49 PM

Definitely invest more, but be very careful about what you invest in. Investing in a solid project when it's new and undervalued is a great thing, while investing in a totally useless project that's shilled by a dodgy CEO is an excellent way to get rekt.

The question is how to find a solid project?and how to distinguished the useless project to legit one?

Jsmbugu

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Well, if you have much money you should consider saving a part of that money before investing on any business. Probably buying gold is a good option to save your money better than saving it on a bank because that what rich people do. But if you don't have that much money than investment is your only chooce to increase your money and get profits. And any business needs a lot of work and consideration before taking steps and loosing all your money.

sweetbet

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Definitely invest more, but be very careful about what you invest in. Investing in a solid project when it's new and undervalued is a great thing, while investing in a totally useless project that's shilled by a dodgy CEO is an excellent way to get rekt.

CCMS

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When you invest, do a proper research of what you are actually going to invest in . Showing Off less helps men , greedy girls also known as gold diggers look for rich people this actually pushes men to invest in luxurious items . Look for recurring income .

Hantague1

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Invest in new altcoins

akram143

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Quote from: Vaslime on October 05, 2019, 02:30:01 PM

Quote from: akram143 on October 05, 2019, 09:48:59 AM

Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

Remember you saving amount should be around 10% of your invested amount because saving is not going to increase its value but investment will do.

saving is around what you can spent on things that is not necessary and investing is the most important

Saving should be more than what you need for certain things,atleast you must have saving amount to cover all the expenses of your next 6 month in case if you lost your job or something like that and investment should be made for very longer term to get more effectiveness.

peter0425

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Quote from: Naida_BR on September 26, 2019, 01:46:33 PM

Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

In my opinion saving plans do not provide you a better future.
I was saving a lot and I didn't see any increase in my profits, and now I started making investments. I think it would be a good time to start building on compound interest.

That’s exactly what OP’s question mate on how or where to invest

To OP I believe that you want to ask about investing in cryptocurrency as you were posting in this forum?or this is a general questions?

- If this about crypto investing all I can say is study first because failure awaits you if rushing to profit in this market

- but if this general question then better build a business in real life that you have knowledge and love to do,I myself use to save money as well in banks but realizes that banks only benefits from my money so since I love to cook?i stared my food business and now getting profit from this and also following my passions

Vaslime

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Quote from: akram143 on October 05, 2019, 09:48:59 AM

Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

Remember you saving amount should be around 10% of your invested amount because saving is not going to increase its value but investment will do.

saving is around what you can spent on things that is not necessary and investing is the most important

akram143

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Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

Remember you saving amount should be around 10% of your invested amount because saving is not going to increase its value but investment will do.

sparemint

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The best way of saving money is increasing your income instead Wink

boyptc

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Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more.

This is easy, save to invest.

Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

I only save up cash because I have little investment plans.

What you do is okay for saving cash for the potential investments you have in the future, just keep this up. It's not just about the investment and saving only but it's also about your attitude of being responsible to handle money.

Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

What are the available investment and how can I save to earn profit?

You're in the bitcoin forum so obviously it's the first thing to buy, then real estate, then stocks and so on.

Paulinerims

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Saving is practically dead in today's world. Inflation can de-value your savings in a matter of days. Biggest money savings procedures are investing in stable assets. If you want to invest in crypto it's a riskier plan, so get as much info as you can. Check the websites, whitepaper or use platforms like newly developed Newscrypto.io for crypto insights

smyslov

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Quote from: NoFace01 on September 26, 2019, 02:22:35 AM

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

The best advice is to only buy what you need and not what you want and do not take a loan that you cannot repay, and of course live only within your means, if you implemented this, you will have excess money that you can save, if you want to invest, invest first in yourself by educating yourself first, if you have the money to invest, then go to Bitcoin and just add if you have more to invest.

OgNasty

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Have an account, preferably a brokerage account, that only grows. Don't ever cash out dividends. Pay the taxes with funds from somewhere else, and put money in whenever you can. Invest in sustainable business models with excess cash from operations, a history of growing dividends, and a low P/E ratio.

Topic: How to save and invest wisely? (Read 317 times)