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Topic: How to save money. - page 78. (Read 345783 times)

hero member
Activity: 891
Merit: 500
May 01, 2016, 05:40:46 PM
I have a simple rule for saving money.. don't spend on things u don't really need
member
Activity: 70
Merit: 10
May 01, 2016, 03:02:28 PM
Best way to save money is to budget all our needs, invest and open time deposit bank account.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
May 01, 2016, 02:55:46 PM
Yeah guys don't put all your eggs in one basket. I am trying to diversify my investments as much as possible and I don't put everything I own in just one place. I am investing in Bitcoin currently because it has the highest chance to get a good ROI but I am also investing in gold and some stocks on the side for additional profit. By the way the AMD stocks doubled in value and continue to rise I am happy with my decisions  Cheesy
Generally speaking you are considering a good policy. But I think depending on your money you have to control your investment.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
May 01, 2016, 12:36:51 PM
some of the employers who do not save their money are not because they spend them on the goods which they do not need, but because they do not have that much money which they save from their needs,

That's not true. Money doesn't mean to be the cause for saving. Saving is required irrespective of the income. Even high or low saving gives the better spending.
hero member
Activity: 644
Merit: 500
May 01, 2016, 12:33:32 PM
I believe so many people have same problem with you,they so hard and getting mad find best way to save money,and me too Cheesy i will try this way,lend your money to people,and let them safe your money,of course loan it to trusted peson,your family or girlfriend or best friends,wanna try my plan?

I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also...
sr. member
Activity: 574
Merit: 251
May 01, 2016, 12:33:15 PM
saving money all depends on your salary, if you make alot of money each month then you have no reason not to save. for me working a job, that make me get more money some months then other months depending on how much work i can get that month. so its easy to save the months when i get good money , other months not so easy :/
hero member
Activity: 602
Merit: 500
May 01, 2016, 12:23:47 PM
I believe so many people have same problem with you,they so hard and getting mad find best way to save money,and me too Cheesy i will try this way,lend your money to people,and let them safe your money,of course loan it to trusted peson,your family or girlfriend or best friends,wanna try my plan?
hero member
Activity: 896
Merit: 514
May 01, 2016, 05:19:54 AM
some of the employers who do not save their money are not because they spend them on the goods which they do not need, but because they do not have that much money which they save from their needs,
hero member
Activity: 658
Merit: 500
May 01, 2016, 04:39:15 AM
Yeah guys don't put all your eggs in one basket. I am trying to diversify my investments as much as possible and I don't put everything I own in just one place. I am investing in Bitcoin currently because it has the highest chance to get a good ROI but I am also investing in gold and some stocks on the side for additional profit. By the way the AMD stocks doubled in value and continue to rise I am happy with my decisions  Cheesy
I think it's okay to keep all your eggs in one basket as long as you keep it properly and safely?
do you think bitcoin that are safe and provide a large profitable? why did not you use all your capital for bitcoin
is with it you can benefit greatly. may be rich in the near future
hero member
Activity: 1148
Merit: 504
May 01, 2016, 03:34:06 AM
Yeah guys don't put all your eggs in one basket. I am trying to diversify my investments as much as possible and I don't put everything I own in just one place. I am investing in Bitcoin currently because it has the highest chance to get a good ROI but I am also investing in gold and some stocks on the side for additional profit. By the way the AMD stocks doubled in value and continue to rise I am happy with my decisions  Cheesy

That is the right thing to do. Even if bitcoin has good potential for profit, you still must diversify your investments. What happens if bitcoins fail and you have all your money in it, you lose everything. If you diversify, the other accounts will soften the blow when you lose on one investments.
sr. member
Activity: 420
Merit: 250
May 01, 2016, 01:14:07 AM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
I dont suggest invest all your money in bitcoin. Maybe few of it or just half of it. I dont suggest it due to some hacking incidents of some sites and wallet.

Unlike those hacking incidents or reduced security of bitcoin, you should surely need an alternate investment. That might be in gold, some other commodity or some other form of investment.
Yes, because in investment it is usually discusses that one should invest their money in portfolio of investments.
I think just because hacking you did not put much money in bitcoin. I'm sure you will be disappointed because it does not use a lot of money in bitcoin
what to use gold. you avoid with theft?
legendary
Activity: 2604
Merit: 1036
May 01, 2016, 12:52:47 AM
Yeah guys don't put all your eggs in one basket. I am trying to diversify my investments as much as possible and I don't put everything I own in just one place. I am investing in Bitcoin currently because it has the highest chance to get a good ROI but I am also investing in gold and some stocks on the side for additional profit. By the way the AMD stocks doubled in value and continue to rise I am happy with my decisions  Cheesy
legendary
Activity: 2240
Merit: 1069
April 30, 2016, 06:29:21 PM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
I dont suggest invest all your money in bitcoin. Maybe few of it or just half of it. I dont suggest it due to some hacking incidents of some sites and wallet.

Unlike those hacking incidents or reduced security of bitcoin, you should surely need an alternate investment. That might be in gold, some other commodity or some other form of investment.

Yeah diversifying your investment is the standard rule when it comes to investing. My no1.  investment is bitcoin, and the rest of my money is into a savings account + some bonds.

It is good.to.see that people are.learning the proper way of investing. Not putting all the money on a single investment. Whether it is stocks, mutual funds, gold or bitcoin, if you place your money on different investments, it lessens the risk of losing. If one investment fails, the other can cover for the loss. But before you start investing, be sure you have some saved money for emergency use.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
April 30, 2016, 01:17:39 PM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
I dont suggest invest all your money in bitcoin. Maybe few of it or just half of it. I dont suggest it due to some hacking incidents of some sites and wallet.

Unlike those hacking incidents or reduced security of bitcoin, you should surely need an alternate investment. That might be in gold, some other commodity or some other form of investment.
Yes, because in investment it is usually discusses that one should invest their money in portfolio of investments.
sr. member
Activity: 420
Merit: 250
April 30, 2016, 01:14:27 PM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
I dont suggest invest all your money in bitcoin. Maybe few of it or just half of it. I dont suggest it due to some hacking incidents of some sites and wallet.

Unlike those hacking incidents or reduced security of bitcoin, you should surely need an alternate investment. That might be in gold, some other commodity or some other form of investment.

Yeah diversifying your investment is the standard rule when it comes to investing. My no1.  investment is bitcoin, and the rest of my money is into a savings account + some bonds.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
April 30, 2016, 12:38:28 PM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
I dont suggest invest all your money in bitcoin. Maybe few of it or just half of it. I dont suggest it due to some hacking incidents of some sites and wallet.

Unlike those hacking incidents or reduced security of bitcoin, you should surely need an alternate investment. That might be in gold, some other commodity or some other form of investment.
STT
legendary
Activity: 4046
Merit: 1447
Catalog Websites
April 29, 2016, 06:05:48 PM
I dont consider bitcoin an investment by itself really.  Its speculation, a commodity maybe but it doesnt really yield anything for most people.    So the best way to save money is to reduce costs and something like buying a house reduces rental costs and so easily counts as an investment.  Im not arguing it always works out as a profitable investment but with this utility this is what really saving money involves more then hoping for price rises short term etc
hero member
Activity: 1204
Merit: 500
April 29, 2016, 05:35:24 PM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
I think it's safe course one would think that the best bank I certainly agree with that? but for most of the windfall. certainly more profitable to put money in bitcoin
exactly right, probably about the safety of the bank is still better, but it was only for people who want to save money and apply only to the common people. but we are different, we are looking for bitcoin as an advantage, so we make our money into bitcoin because they felt it was better
legendary
Activity: 2996
Merit: 1188
April 29, 2016, 02:17:38 PM
invest your money in bitcoin. bitcoin provides comfort in securing the money you have. save money in bitcoin safer than money in the bank.
thats true because bitcoin wallets are pretty much impossible to hack even for the best hackers that are out there, i hope that this will never change and people will be safe with bitcoins

in order to save money you shouldnt spend any of it in my opinion and hopefully try to send all the bitcoins to a cold storage where all your bitcoins would be safe from all the thieves
Yes, I have also noticed that the wallets security are much high and after registering for a wallet when I go to a detailed method of registering and collecting info, I feel better as I satisfy that here my money will be safer.
legendary
Activity: 1554
Merit: 1054
April 29, 2016, 04:05:06 AM
I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
I think people have a limit the amount of risk they have. so you can not force someone to invest in bitcoin or elsewhere. although bitcoin profitable as possible for some people to take the risk would be too heavy. so the store is the best way


But when they need to make their money get counted, sure they need to enter the risky part. Just saving and managing is needed when you have a lot of earned money.
yeah there may be times when you have already saved a lot of money and you would think "would seem useless if you save a lot of money but you cannot grow it" every thing at risk if at any time you would like to grow bitcoin. then you must be smart in saving and grow. fair split between the two

Yes saving is just useless and you will not earn anything with just saving your money, I will suggest convert them to bitcoin so that you will be able to earn some profit and with that you will start loving to invest. This investment will work as saving as well as growing your money.
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