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Topic: How to save money on a long-term period - page 10. (Read 4096 times)

jr. member
Activity: 251
Merit: 3
Globe-dex.com
October 12, 2018, 12:30:26 AM
Savings is one of good strategy to develop good financial management especially in money. When we save more we could probably get more, but how we could save more? if we have a little bit income getting everyday.

However if we want go for long term of investment we need to have a lot of hardworks and patient's to get more in near future.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 12, 2018, 12:29:02 AM
If you want to save money on a long-term period then have to do an investment in bitcoin. You can do both the things in one investment, means you can do savings as well as you can make a profit from it.

For me, Bitcoin is also the number one choice. It is the only one cryptocurrency that can stay the leader of the market for many years. The alts' prices depend on it.
Investment wise, bitcoin still dominating this market and if you wish to hold for long term goals this crypto currency can bring you good outcome
as in the future value will grow and if you just buy it and hold it for now then it will give you good profits, looking from its last ath this coin still
have the big potential to try reaching much higher height in the long run, meaning that if you start saving it by now the amount that can be
provided to you is more than triple.
full member
Activity: 434
Merit: 100
October 12, 2018, 12:12:20 AM
If you want to save money on a long-term period then have to do an investment in bitcoin. You can do both the things in one investment, means you can do savings as well as you can make a profit from it.

For me, Bitcoin is also the number one choice. It is the only one cryptocurrency that can stay the leader of the market for many years. The alts' prices depend on it.
hero member
Activity: 1106
Merit: 637
October 11, 2018, 10:57:51 PM
Soooo, what is black metal?

Is it a cryptocurrency? If so, what makes it better than bitcoin. I'm not knocking your idea, it's just hat you've used a lot of words to not say much. You've left out some very important details!
full member
Activity: 347
Merit: 100
October 11, 2018, 10:47:41 PM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.
One of the best way to save money is through investing but by just doing investment you need be patient. Creating bank account to keep your money safe is also a good idea. However, if you really want to save more money for a long period of time you should try to do trading and investing.
member
Activity: 378
Merit: 10
October 11, 2018, 09:12:39 PM
Saving money in a long term period is a good investment also because it accumulates interest and the value you acquired in an asset accelrates. You can do it if you have excess cash.
newbie
Activity: 36
Merit: 0
October 11, 2018, 09:08:13 PM
Thanks for your great topic.I think I already gained some experience for my next long term investment
member
Activity: 756
Merit: 12
October 11, 2018, 08:41:07 PM
If we want to keep our money in long periode, its need store of value. Some people store it on gold and some millenial store it on bitcoin. If we store our assets in cryptocurrency, we have a chance to grow our asset because crypto price will rising if mass adoption happen
jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
October 11, 2018, 07:46:24 PM
In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.
jr. member
Activity: 67
Merit: 2
October 11, 2018, 07:24:48 PM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree on opening a bank account, the only problem is not all of us have a spare money to put on our savings account. Some of us are just barely scraping by everyday with our crappy jobs, so even if you want to save, the problem is there's nothing left to save.
full member
Activity: 307
Merit: 101
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 11, 2018, 06:49:16 PM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

This is also what came to my mind. If you want to have a long term period of saving, putting your money into a bank is the best option to take. You should however be wise to where you will put as if you want your money to grow and be safe over a long period of time.
member
Activity: 588
Merit: 10
October 11, 2018, 04:08:31 PM
If you want to save money on a long-term period then have to do an investment in bitcoin. You can do both the things in one investment, means you can do savings as well as you can make a profit from it.
member
Activity: 322
Merit: 10
October 11, 2018, 01:18:38 PM
The only way to keep your investments in a long time is to get a secure wallet and keep them there. But it can sometimes be very difficult to accomplish this. Unfortunately, our needs can prevent us from doing this.
jr. member
Activity: 140
Merit: 1
October 11, 2018, 11:51:40 AM
I will choose to save money by buying a number of gold. One time I needed money, I would sell the gold. I'm not too interested in saving money in a bank.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
October 02, 2018, 10:39:58 PM
I don't know if saving your money is a good thing. What i suggest is investing it for a long term stock. Crypto currency is a good start. Bitcoin and Ethereum are always the best starting points. Next would be stocks, though you will need alot of reading up to be successful. Lastly is precious metals and stones.
hero member
Activity: 882
Merit: 500
October 02, 2018, 03:09:59 AM
just keep it in the wallet we have and we always make sure that our monitor is safe, and we always open it in the hope that no hackers hack it.
well, it's a very simple thing to say, but it's hard to do. we know that our needs always come suddenly. You might be able to do that when you have a business to run. I am currently also trying to do that.
I understood your point of view. You are actually worried about the precautionary demand for money. Well you can take care of that by putting a specific amount of money in your current account and can cash it anytime when you want. This is the best way to deal with the precautionary demand for money. Apportion a specific amount for meeting your daily needs and save the rest for future use.
full member
Activity: 504
Merit: 106
October 02, 2018, 01:30:49 AM
there are two ways to save your money, saving on a bank or invest to some assets but make sure the assets have good progress on the future
The latest way to save money and in the same time get the worth of your money raised is to invest it in an asset that is too good. Bitcoin is one of that and is used to save money in long run. Ultimately in the end, the worth of the coins owned is many times the initial worth of the coins. Similarly investing in assets that are solid like in the property or the structural investment is a good way to save money keeping the liquidity high.
sr. member
Activity: 532
Merit: 255
October 01, 2018, 06:30:19 AM
There are several ways to save the right money which makes us able to build wealth and beat inflation. Investment can beat inflation and maintain the value of money we currently have. Even not just beating inflation, the investment returns have the potential to provide greater asset growth thus providing benefits to you in the future.
sr. member
Activity: 826
Merit: 265
October 01, 2018, 05:43:15 AM
You have created a good topic and nice ideas for someone whos looking for strategy,because these days specially the dumping season people are trying to find place where they can have assurance for their money while waiting for the cryptocurrencies to recover,

For me what i did to keep my money for long term,is building my own business and now since its about foods i am sure my money will grow in long term
sr. member
Activity: 1344
Merit: 253
October 01, 2018, 05:00:16 AM
For me the best way to save money on a long term period is every time you get your salary get the 10% of it and invest it in a stocks or in bitcoin. Every cut-off its good to save your 10% for investment. Even the market is on uptrend or downtrend it doesn't matter because your money will cost average it a month so when you at it after a long period you will see that your saved money has a lot more because of profit you get from the stocks or bitcoin you invest into. Don't just save, invest it in an investment instrument that you want and soon you will reap what you sow.
That is one strategy I have always used for myself right from the onset, and you will be surprised at how easy it is for you in the long run, and how valuable savings can be when you want to start executing some investment projects. Like you said, savings should always be an investment instrument, and this is the reason why those who have a specific target related to investment, savings usually is never a huge challenge.
by setting aside the free money we will be calm in facing the market. of course it has been fulfilled for that. with the right investment place like cryptos, then we will get a big profit later
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