How to save money. - page 66. | Bitcointalksearch.org

dsyahputera

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Quote from: Cyaren on June 19, 2016, 12:27:54 AM

Well, I really don't think that it is a good idea to save money in something like fiat currencies. They depreciate over time, and even if you put your money inside a bank you're just scammed under the fractional reserve system.

Save your money under bitcoin instead, it is a great store of value.

That is an investment, it is less appropriate if it is called money-saving. As an investment, you can lose your money. How is this so-called saving money if you actually risking your money?

Cyaren

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Well, I really don't think that it is a good idea to save money in something like fiat currencies. They depreciate over time, and even if you put your money inside a bank you're just scammed under the fractional reserve system.

Save your money under bitcoin instead, it is a great store of value.

ajun96

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Quote from: GamblingIsWrongWay on June 18, 2016, 03:06:04 AM

you can save your money at bitcoin, hold some bits each week then you sell at highest price.

I think it is not included in saving money. it was included in the investment. because you use your money to buy bitcoin. You will also have the possibility to lose and gain. so if you want to invest in bitcoin.
you have to manage your finances again

tampazeus

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Quote from: crairezx20 on June 18, 2016, 01:47:52 PM

Quote from: Cozynunu on June 18, 2016, 01:38:15 PM

Quote from: B!tcoinL0ver on June 18, 2016, 03:30:22 AM

for me save money is buying GOLD it's very save rate for saving money in long term.

The sad reality is that there are plenty of poor souls all over the world that works only to pay bills and sometimes need to make a loan in order to survive.
Majority of the people in the world are still enslaved by debt, and we can say that it is because of their limited control over their own money. Regulations here, authorities there, banks and financial institutions that will strangle you to death with those taxes and fees that aren't really necessary.

yeah right this is our world we are all the same even we are not the same country.. investing gold i think it is only for rich people how about the poor people they cannot afford to buy gold.. so the alternative is bitcoin and do it just for hobby saving it to your wallet and wait for the price increase just like now the price of bitcoin is increase fast.. than gold..

yeah and bitcoin gives us an liberty to buy even in small parts, its not mandatory to buy full btc, and buying in small parts is affordable to majority of users.

crairezx20

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Quote from: Cozynunu on June 18, 2016, 01:38:15 PM

Quote from: B!tcoinL0ver on June 18, 2016, 03:30:22 AM

for me save money is buying GOLD it's very save rate for saving money in long term.

The sad reality is that there are plenty of poor souls all over the world that works only to pay bills and sometimes need to make a loan in order to survive.
Majority of the people in the world are still enslaved by debt, and we can say that it is because of their limited control over their own money. Regulations here, authorities there, banks and financial institutions that will strangle you to death with those taxes and fees that aren't really necessary.

yeah right this is our world we are all the same even we are not the same country.. investing gold i think it is only for rich people how about the poor people they cannot afford to buy gold.. so the alternative is bitcoin and do it just for hobby saving it to your wallet and wait for the price increase just like now the price of bitcoin is increase fast.. than gold..

dezoel

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Quote from: MFahad on June 18, 2016, 03:32:33 AM

You are right, saving is good habit, specially it is necessary for the salaried persons, because when we become old and than we will be jobless, in that time saving is really help us in every way, if we save regularly every month, than definitely it help us in our emergencies.

Why you want to save money in fiat? I think you should save part of your salary in bitcoin on monthly basis, as this saving will really add value to your wealth in future.

Cozynunu

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Quote from: B!tcoinL0ver on June 18, 2016, 03:30:22 AM

for me save money is buying GOLD it's very save rate for saving money in long term.

The sad reality is that there are plenty of poor souls all over the world that works only to pay bills and sometimes need to make a loan in order to survive.
Majority of the people in the world are still enslaved by debt, and we can say that it is because of their limited control over their own money. Regulations here, authorities there, banks and financial institutions that will strangle you to death with those taxes and fees that aren't really necessary.

MFahad

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You are right, saving is good habit, specially it is necessary for the salaried persons, because when we become old and than we will be jobless, in that time saving is really help us in every way, if we save regularly every month, than definitely it help us in our emergencies.

B!tcoinL0ver

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for me save money is buying GOLD it's very save rate for saving money in long term.

marcuslong

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Quote from: GamblingIsWrongWay on June 18, 2016, 03:16:06 AM

Quote from: eddyubachs on June 18, 2016, 03:10:42 AM

Quote from: GamblingIsWrongWay on June 18, 2016, 03:06:04 AM

you can save your money at bitcoin, hold some bits each week then you sell at highest price.

Yeah and saving money in bitcoin is always good as it also takes care of your investments if you can afford to hold it for really a long time, save money in bitcoin to earn good profits in future.

im sure bitcoin can survive, in future bitcoin will be 1st currency in the world, replace dollar system.

Yeah i agree that saving money in bitcoin will be profitable than hiding it to.your piggy bank, bitcoin can survive and i think this would be king of the crypto currency not 1st currency i think united state would not allow to replace their dollar to bitcoin. Even if it has advantages of.using bitcoin they would not allow it.

GamblingIsWrongWay

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Quote from: eddyubachs on June 18, 2016, 03:10:42 AM

Quote from: GamblingIsWrongWay on June 18, 2016, 03:06:04 AM

you can save your money at bitcoin, hold some bits each week then you sell at highest price.

Yeah and saving money in bitcoin is always good as it also takes care of your investments if you can afford to hold it for really a long time, save money in bitcoin to earn good profits in future.

im sure bitcoin can survive, in future bitcoin will be 1st currency in the world, replace dollar system.

BossMacko

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My experience in saving money is i just collect all bitcoin that i can get from Signature Campaign and in my Investment, Once i received those bitcoin i send them to my main Bitcoin wallet wherein i don't know the password, Only my Wife knows it, so in any scenario i wont be able to get bitcoin from there unless the time is right to sell it all that's when i get the password from my wife.

eddyubachs

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Quote from: GamblingIsWrongWay on June 18, 2016, 03:06:04 AM

you can save your money at bitcoin, hold some bits each week then you sell at highest price.

Yeah and saving money in bitcoin is always good as it also takes care of your investments if you can afford to hold it for really a long time, save money in bitcoin to earn good profits in future.

GamblingIsWrongWay

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you can save your money at bitcoin, hold some bits each week then you sell at highest price.

Dakron

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This is for my opinion and what im doing Saving is always a good habit as it can be helpful at the time of emergencies, so for that you need to see what is your income and what are your expenses and depending on your income you need to reduce your unwanted expenses.

Crazygreek

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You just need to have a reason to do this, cause people without any power of will and without any goal can't save money succsessfully, they will keep spending anyway.

sana9827

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To save some money you must dont be greedy otherwise it will be not possible to save some money because than you are just only spending and that is really bad.
But you have also to make an investment if you want to earn some more money later so you can get some profit .

lissandra

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Quote from: ontrackk on June 16, 2016, 04:22:49 PM

i think that the best way to save your bitcoins and all your money is to not spend it on gambling or investing

Not even investing? lol.

So youre saying its better to leave a big principal to never ever work for you? while time goes by this can be used for money working for you..

People dont factor the small secure returns but scaling it with leverage.. say you got $200k at 1% every few months of some treasury notes.

Thats easy $2k every few months..

ontrackk

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i think that the best way to save your bitcoins and all your money is to not spend it on gambling or investing

jamesl22

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Quote from: Hashminers on June 16, 2016, 04:17:10 PM

Quote from: Corenin on June 16, 2016, 03:27:11 PM

Quote from: nizamcc on June 16, 2016, 02:48:55 PM

Saving is not smart these days, investing is.
Invest and grow them as saving will only lead to 'loss', loss of what you could have earned if you could have invested.

If you are smart enough then you will invest your money in bitcoin as looking at the present price rise I have a strong feeling that it will be much higher in future.

Saving is always good. Not all but at least some portion of your money, so you have a reserve in case of an emergency.
But you are right about investing a part of your money.

Both are important, saving will take care of you in short term in case of any emergency and investment will give you good and comfortable life in future.

Topic: How to save money. - page 66. (Read 345783 times)