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Topic: How to save money on a long-term period - page 16. (Read 4089 times)

newbie
Activity: 966
Merit: 0
September 09, 2018, 10:50:56 PM
In my opinion, investing in cryptocurrency for a long span os of a good idea for me. Even the market is down. I still have faith on it.
hero member
Activity: 2408
Merit: 550
Leading Crypto Sports Betting & Casino Platform
September 09, 2018, 10:33:17 PM
to secure the money you have in the long run, maybe you can just use cryptocurrency as one of your solutions because by saving money on cryptocurrency you can save it for as long as you can and there is also no monthly fee like a local bank, so it is more convenient and it is very safe to save your money for the long term.
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
September 09, 2018, 07:01:26 PM
Saving money in a long term period is really a good plan for you to have something to use during that time but it's not just easy when you are not keeping it on the bank using the time deposit because you might really use it in times of emergencies. As to cryptocurrencies, it's also hard to hold on a long term period especially when the market is bleeding. All you need is not to watch the market's condition and never mind what's happening and just believe that the market will be fine again.
full member
Activity: 532
Merit: 100
September 09, 2018, 05:59:14 PM
If you really want to save money. You live wiyh a simplier life. Don't buy what you want and buy only what you need for you daily life. And put away all your vices.
full member
Activity: 551
Merit: 100
September 09, 2018, 05:49:36 PM
How to save money on a ling term period?  Well in my own opinion  if you have your half of your money just invest  in ICO or may be buy some token and hold it untill you can earn a good profit.

the way each person in storing it is certainly different, the problem is their style is also quite different. so in managing money is certainly different. there are such things and some are like that, sometimes we can't guess someone's settings. if in my opinion, personally in managing money we must be careful and resilient, for example, we should not do things that are not quality or things that are not useful, the problem is sometimes the money is unknowingly usable.
full member
Activity: 506
Merit: 101
1 & 0 😏
September 09, 2018, 05:01:18 PM
How to save money on a ling term period?  Well in my own opinion  if you have your half of your money just invest  in ICO or may be buy some token and hold it untill you can earn a good profit.

You always should save some money for yourself. It's the perfect time to invest when prices turn to red, but if you don't have money, you can't do anything.
It isn't true that invest all money in crypto. It just depends on drop of Bitcoin.
newbie
Activity: 128
Merit: 0
September 09, 2018, 04:45:09 PM
How to save money on a ling term period?  Well in my own opinion  if you have your half of your money just invest  in ICO or may be buy some token and hold it untill you can earn a good profit.
jr. member
Activity: 69
Merit: 1
September 09, 2018, 02:43:38 PM
Saving money mean you should list all things that you need (not you want) and buy all of them, never spent your money to something that you want, it will ruining your saving money, sadly some people often buying same thing when their old things still worth using. Investing your money is good method to save your money too, you can even gain money from it if carefully do it.
legendary
Activity: 2464
Merit: 3128
September 09, 2018, 01:50:26 PM
How does the hoarding of ferrous metals like Steel, Carbon Steel, Alloy Steel, Cast Iron, Wrought Iron, Aluminum, Copper and Lead have anything to do with Bitcoin? You know Bitcoin cannot rust and it takes no physical storage space and you do not have to bother with rodents being attracted to your storage facility, because you have large amounts of items that are stored over a long period.

You are also restricted, based on the size of this storage facility. There are no limit to the amount of bitcoins and the value of these bitcoins that you can hoard on a single piece of paper.  Cool


Amazing. This is what expected from the result or conclusion of this article. If we really want to store anything then it is the Bitcoin itself. Well Gold and Silver could be another alternative but they are way too costly and very harmful in terms of security and safety of oneself if coughs an eye of theft or something. Storing your scraps (the metals which you listed up there) can be done and no one will ever put an eye on it but as this user said, the storage facility would take up huge space and instead of that bitcoin can be bought and stored in any number or units and you still have nothing to pay for the space.  Cheesy
1.metall does not have a hard fork
2. It is impossible to forget or lose a private key
3. He will never depreciate to zero, he will always have a practical application.
4.He will never have more technological competitors.
5. Black metal does not become obsolete
6. Black metal has no errors in the code, + it can not be hacked by hackers
6. It has no attack risk of 51% and all other attacks
7. He will never be banned by the government
etc///
newbie
Activity: 184
Merit: 0
September 09, 2018, 01:45:52 PM
It is very difficult to save when such prices.
If price are low then it is not good to leave your hope so instead of leaving our hope better invest more and get profit, try to gather money and invest it, save your bitcoin for long time if you see the price smaller, buying at red and selling at green is the best way of earning money for me this is great opportunity because prices are not too high but future is brighter.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 09, 2018, 10:25:02 AM
After this long reading what are the main objective about this?

You have asked how to save money for a long term period but seems like nothing concerns about cryptocurrency,i al a long term holder of bitcoin and some altcoins and tokens and I believe that crypto investments is the most  rightful way to save our money for how many years
sr. member
Activity: 980
Merit: 261
September 09, 2018, 10:17:11 AM
Long-term savings can be achieved by setting long-term goals to save money for a long time. therefore I prefer to learn how to live a simple life and be grateful for what you have today. but how to save that I often use is by investing money to get results at one time, can also be stored in the form of goods such as gold because you can sell it anytime and the price will always increase gradually

you really need to sacrifice what you want in order for you to save money and those savings that you set aside due to sacrificing of what you want you better put it on investment there are lots of investment here and outside and in the future you can really see the result of your sacrifices because you can earn a good digits on it.
newbie
Activity: 11
Merit: 0
September 09, 2018, 09:56:48 AM
Long-term savings can be achieved by setting long-term goals to save money for a long time. therefore I prefer to learn how to live a simple life and be grateful for what you have today. but how to save that I often use is by investing money to get results at one time, can also be stored in the form of goods such as gold because you can sell it anytime and the price will always increase gradually
full member
Activity: 1050
Merit: 100
September 09, 2018, 07:33:30 AM
I would go with the real estate sector even if it is not so liquid when it comes to the investment. On the other hand, the precious metal is my second choice to park the money. When it comes to the long-term, almost every sector suffer the losses but at a different rate. However, we haven't really experienced the behaviour of crypto in worst case scenario (it definitely had the corrections in the past but I am talking about the behaviour of it due to the external recession).
right, property and gold are safest investment means of course. but others i keep in the form of cryptocurrency, because it brings greater profits between both, even though it has a greater risk
hero member
Activity: 1190
Merit: 534
September 09, 2018, 07:08:32 AM
I would go with the real estate sector even if it is not so liquid when it comes to the investment. On the other hand, the precious metal is my second choice to park the money. When it comes to the long-term, almost every sector suffer the losses but at a different rate. However, we haven't really experienced the behaviour of crypto in worst case scenario (it definitely had the corrections in the past but I am talking about the behaviour of it due to the external recession).
member
Activity: 350
Merit: 10
September 09, 2018, 02:47:01 AM
to be my opinion on a fiat money Do not save your money for a long time because the value of a fiat is now keeping it down every day, because of an inflation that has caused today's difficulty in living of the people, those who have been buying the economy have risen to heat the fiat currency continues to fall. what is important is that we need to invest in a crypto or just convert all the money but we know it's a bad idea and it is also the safest way of investing but you do not immediately earn money because most of the time is fallen but we just need to take care of what's happening right now because tomorrow will be the price increase.
hero member
Activity: 1008
Merit: 501
September 09, 2018, 02:14:31 AM
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.

Got some point. But still saving is not easy. Practically speaking it is better if you invest your momey, because if you invest it will just stay in a place but if you invested it your money will circulate in the market. In short it is better if you invested rathertsn to save money. Aside from that saving is not easy therefore it is much better to have your money that is earning income.
Saving all money on investment is not a good idea because investment has risks. of course you don't want to lose all your money right? so use good financial management. save your money in a safe place like a bank or coldbox. You can also save your money in gold where you will avoid fiat inflation.
newbie
Activity: 98
Merit: 0
September 09, 2018, 01:25:49 AM
Saving for long term demands an individual having a lot for a living and not dependent on the amount he saved.  Long term saving requires a lot and the earnings you get is higher after the overall investment.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
September 09, 2018, 12:53:02 AM
If we want to get a better future then we have to make money continue to grow, as we know that annual inflation is around 8% and that makes our money less valuable if we keep it, and investment is the most appropriate choice to make money grow .
inflation rate differs in each country so it is much harder in my region because the inflation rate in my country is much more higher than yours. It becomes much challenging whe  their is such inflation rate and after 10 years the amount of funds you hold gets half of its value in the future. At such situation investing is always better and it gets us get a bugger and profitable life ahead.
sr. member
Activity: 644
Merit: 263
September 09, 2018, 12:26:04 AM
How does the hoarding of ferrous metals like Steel, Carbon Steel, Alloy Steel, Cast Iron, Wrought Iron, Aluminum, Copper and Lead have anything to do with Bitcoin? You know Bitcoin cannot rust and it takes no physical storage space and you do not have to bother with rodents being attracted to your storage facility, because you have large amounts of items that are stored over a long period.

You are also restricted, based on the size of this storage facility. There are no limit to the amount of bitcoins and the value of these bitcoins that you can hoard on a single piece of paper.  Cool


Amazing. This is what expected from the result or conclusion of this article. If we really want to store anything then it is the Bitcoin itself. Well Gold and Silver could be another alternative but they are way too costly and very harmful in terms of security and safety of oneself if coughs an eye of theft or something. Storing your scraps (the metals which you listed up there) can be done and no one will ever put an eye on it but as this user said, the storage facility would take up huge space and instead of that bitcoin can be bought and stored in any number or units and you still have nothing to pay for the space.  Cheesy
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