Is it better to save money or invest it? - page 119.

mx667

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Quote from: King Sastro on November 03, 2017, 08:38:56 PM

Quote from: keenjester on November 03, 2017, 05:24:43 PM

Invest it is better than only save it. If you're only saving it so your bitcoin amount is the same. But if you're doing the right investment. Your bitcoin will be multiples many times.

Yes it is true, and for the interest of the bank is very low, in my country not even more than 0.1 percent, I do not know how the calculation of bank interest even though there is written interest bank 11% per year but I get no more than 0.1%.

Better to do both. Save money for the money to pay the bills and buy food everyday. And make sure the currency you save does not change so you do not experience profit and loss. Because the money is only used to meet the needs of every day only.

Make an investment. So that money in your savings can be increased and doubled. Do not just save money, but we also need to invest. I do not think there are any rich people who do not invest. Every rich person will always invest to supplement their money. But we must know very well what it is investment. Do not just invest into something we do not know and even lead to scam or fraud. The easiest way is to invest Bitcoin.

markk94

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saving money in bank is can be used for emergency need that occured some time in our life. but investing is necessary to gain some wealth through it. that is my opinion

cava95

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If you save money in bank you have profit without risk,but if you invest you money in bitcoin or gold you can chance to earn much money but risk is bigger,me opinio is invest your money in bitcoin.

BulbaLord

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

In my opinion investing is a great way of strategy to earn more money
I think much better to invest your coin in online because it can give you a higher return of investment.but its up to you if you want tosave your money in bank.

King Sastro

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Quote from: keenjester on November 03, 2017, 05:24:43 PM

Invest it is better than only save it. If you're only saving it so your bitcoin amount is the same. But if you're doing the right investment. Your bitcoin will be multiples many times.

Yes it is true, and for the interest of the bank is very low, in my country not even more than 0.1 percent, I do not know how the calculation of bank interest even though there is written interest bank 11% per year but I get no more than 0.1%.

stadus

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Hhampuz for Campaign management

Quote from: sam53 on November 03, 2017, 06:08:15 PM

Quote from: aeternus on November 03, 2017, 05:08:54 PM

Quote from: Trela on October 30, 2017, 01:35:03 PM

Quote from: aeternus on October 30, 2017, 01:19:45 PM

Quote from: Kr8os on October 23, 2017, 05:17:32 PM

I would say invest. If you save your money, there's minimal to no additional interest returned in holding it. If your company offers a matching 401k, take it. You'll be getting some of it back as an incentive to save for your retirement. You can invest in stocks, ICOs, startups, etc and hope that they do well. Or you can even put your savings into the money market for higher interest returns. It's good to have some emergency cash stashed somewhere, but I don't recommend putting all your life earnings there.

The problem with investing in such programs is that you are betting the economy of the world is going to keep functioning for at least 20 to 30 more years, and there is a collapse of the economic model every 40 to 50 years, so you may be one of the unlucky ones to lose everything if you do that.

Invest in stock, ICOs or any startups, ... these fields are also the investment form. Investment is always risky and it is not the place for you saving money. And you should not to forget the bubble of cryptocurrency and the ICOs. I do not think the cryptocurrency world and ICOs will be alive in long time, maybe, these fields will become stable like Stock market soon.

It is really doubtful that icos and cryptos are going to become stable anytime soon, the market is still very small if we compare it to the world economy so any influx of money is going to make things very unstable so until bitcoin reaches full maturity we are going to see prices changes like the ones we have seen in the last weeks.

For the ICOs, I don't think this field can be stable in future. A speculative form never has chance to change its nature while there many scam projects have created and are creating more at the moment.

When you are investing you need to ensure you did an effort to study well to ensure success, there are a lot of ICOs and most
of the ICOs will fail because they don't have a long term plan, that's why some call ICOs are just created to scam investors.

sam53

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Quote from: aeternus on November 03, 2017, 05:08:54 PM

Quote from: Trela on October 30, 2017, 01:35:03 PM

Quote from: aeternus on October 30, 2017, 01:19:45 PM

Quote from: Kr8os on October 23, 2017, 05:17:32 PM

I would say invest. If you save your money, there's minimal to no additional interest returned in holding it. If your company offers a matching 401k, take it. You'll be getting some of it back as an incentive to save for your retirement. You can invest in stocks, ICOs, startups, etc and hope that they do well. Or you can even put your savings into the money market for higher interest returns. It's good to have some emergency cash stashed somewhere, but I don't recommend putting all your life earnings there.

The problem with investing in such programs is that you are betting the economy of the world is going to keep functioning for at least 20 to 30 more years, and there is a collapse of the economic model every 40 to 50 years, so you may be one of the unlucky ones to lose everything if you do that.

Invest in stock, ICOs or any startups, ... these fields are also the investment form. Investment is always risky and it is not the place for you saving money. And you should not to forget the bubble of cryptocurrency and the ICOs. I do not think the cryptocurrency world and ICOs will be alive in long time, maybe, these fields will become stable like Stock market soon.

It is really doubtful that icos and cryptos are going to become stable anytime soon, the market is still very small if we compare it to the world economy so any influx of money is going to make things very unstable so until bitcoin reaches full maturity we are going to see prices changes like the ones we have seen in the last weeks.

For the ICOs, I don't think this field can be stable in future. A speculative form never has chance to change its nature while there many scam projects have created and are creating more at the moment.

keenjester

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Invest it is better than only save it. If you're only saving it so your bitcoin amount is the same. But if you're doing the right investment. Your bitcoin will be multiples many times.

aeternus

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Activity: 686

Merit: 250

Quote from: Trela on October 30, 2017, 01:35:03 PM

Quote from: aeternus on October 30, 2017, 01:19:45 PM

Quote from: Kr8os on October 23, 2017, 05:17:32 PM

I would say invest. If you save your money, there's minimal to no additional interest returned in holding it. If your company offers a matching 401k, take it. You'll be getting some of it back as an incentive to save for your retirement. You can invest in stocks, ICOs, startups, etc and hope that they do well. Or you can even put your savings into the money market for higher interest returns. It's good to have some emergency cash stashed somewhere, but I don't recommend putting all your life earnings there.

The problem with investing in such programs is that you are betting the economy of the world is going to keep functioning for at least 20 to 30 more years, and there is a collapse of the economic model every 40 to 50 years, so you may be one of the unlucky ones to lose everything if you do that.

Invest in stock, ICOs or any startups, ... these fields are also the investment form. Investment is always risky and it is not the place for you saving money. And you should not to forget the bubble of cryptocurrency and the ICOs. I do not think the cryptocurrency world and ICOs will be alive in long time, maybe, these fields will become stable like Stock market soon.

It is really doubtful that icos and cryptos are going to become stable anytime soon, the market is still very small if we compare it to the world economy so any influx of money is going to make things very unstable so until bitcoin reaches full maturity we are going to see prices changes like the ones we have seen in the last weeks.

sheilasekarbumi

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Go with the safest way, hold and save it till the price is insane, then sell all bitcoin to enjoy your life. Easy peasy !

innocent93

legendary

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The question is what do you want to do, .make money or just hoping that one day the coins you own will be of great value. If you are ready to take some risks then invest, if not then let your money in a bank account.

Micko1369

newbie

Activity: 20

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If you invest money in something smart, that can't be a bad investment.
On the other side, saving money is also a good idea; if you want later to invest that saved money in something bigger, smarter and something that you realy need.

sheilasekarbumi

member

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Save money in the bank is the worst ideal i've ever heard. It's the last way for you to protect your valuation from the inflation. People don't use this way usually.

Prince786

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The interest you earn in a bank savings account cant earn you much, compared to the inflation. Rather, you should consider putting in some money in Fixed deposits.

mel1978

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Both are good strategy but I have to invest more online because it has a higher return on investment. If you really knew how to choose a good investment project then you can have big profit.

Thamon

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is much better if you invest it with ongoing ICOs just be cautious on picking ICOs because it may lead to scam and go to ICO rating to satisfy your decision or try trading it is more safer than investing.

[email protected]

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Saving money in the bank keep your money well protected but without any interest but investing online most specially in bitcoin or invest in real estate will double what you put into the investment within a time range. It is always good to invest to allow for profit making and expansion of your properties. All you need to do is Just study the market and do you analysis very well before venture into into the investment.

krisnt80

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I doubt at this stage someone is able to say they need to invest or have fiat currencies holdings against bitcoin. I had made both and well the new value of bitcoin will allow me to save around 10% extra into mine future investment wich even not looking a big value for me its already a decent ammount to save for the future. But there is some regret to had missed the 7000 dollars it would had reduced even more my initial costs.

mel1978

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

For me I will do both because investing is good because it has a higher investment return while saving although it has a lower interest rate but we have the security with our money there. So I guess I need both because if we fail in investing, we have still our money in the bank to cope our loses in investing. I hope this would help.

iHaveDreams

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Quote from: Headtekker on November 03, 2017, 05:26:19 AM

Quote from: Whitefur on November 03, 2017, 05:13:58 AM

Quote from: Miniel on November 03, 2017, 05:09:21 AM

Quote from: Kiweikoo on November 02, 2017, 08:10:30 AM

Quote from: Dobmader on November 01, 2017, 01:17:12 PM

Quote from: w33man on October 29, 2017, 07:24:23 AM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

The thing about saving is, the money inside the savings account doesn’t grow. Es, you’ll have extra money whenever you need it. Still, the money in the savings account will not last forever. So, it’s still better to invest.

Why not mate I have seen a lot of the people taking the profit and they are able to get the profit from the bitcoin I have seen the bitcoin price growing more and more so I think the value of the bitcoin is growing for the saving and it is not the time to sell it at all because still people are buying the bitcoin and they are enjoying the valuable profit from the buying and the selling.

Yeah if the person invests the money it mean be the person want to increase his money. If you will keep your savings in the cupboard or the bank you will not be able to get the profit or the income from it, but if you will invest your money you will get the profit and the benefit so from me as well it is the best decision to invest your money and to increase the profit more and more.

I agree with you if you invest it does becomes faster then if you save because the money you invest can grow into more that means you can have profit and the money you do not invest stays the same and will not grow.

That is true it will not grow but you can earn by saving bitcoins because that price will grow it is the same as investing but investments can also lead to trading and i think even if you do not trade you can earn a fine amount.

I agree with you but i personally think it is not good to invest because you can make a loss one day and then you will lose everything and you will panic and sell all of them then you will have nothing anymore and you will lose all.

Thats why, we should be smart one when we dediced to join as investor. So make a learn how to know best time to sell / buy. Actually trading not really will be possibly lost everything.

Topic: Is it better to save money or invest it? - page 119. (Read 1181208 times)