Is it better to save money or invest it? - page 125.

Bit_Happy

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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?

Smart contracts are going to make huge changes for everyone soon. You can save your money (safely in the smart contract), with options to get great deals on future investments, and/or release the funds back to yourself after a certain date. You can force yourself to HOLD (spelled properly) for a while and decide later what to do.

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Quote from: jonatuzc on October 28, 2017, 02:19:39 AM

Quote from: Harley0501 on October 26, 2017, 12:31:52 PM

I will do both. We know, bitcoin have high risk. If you do saving money in the bank, you have low risk and for a long term. If all of your money invest to bitcoin, you dont have a backup for your financial. Bitcoin is fluctuative digital asset.I suggest you to save money in the bank, like 50%, and then invest your money into bitcoin, like 20-30%, and 20-30% for daily needs and etc.

There is one saying in the business, “If you are taking step into business, you have to digest three things, profit, loss and risk”. So you can’t make your business successful until you are not a good player of risk. As far as bitcoins are concerned, actually investing is more profitable top you. Saving will give you only fixed ratio while investing major part in bitcoin can make your life great.

that's right, every successful people in the world faced risks every time they gamble their money for investments, if you really want to become profitable you have to invest it and take the risk, saving is just a thing that we do to have a money for future purposes, but investing makes you profitable and gain money until you want.

enwi

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Quote from: Harley0501 on October 26, 2017, 12:31:52 PM

I will do both. We know, bitcoin have high risk. If you do saving money in the bank, you have low risk and for a long term. If all of your money invest to bitcoin, you dont have a backup for your financial. Bitcoin is fluctuative digital asset.I suggest you to save money in the bank, like 50%, and then invest your money into bitcoin, like 20-30%, and 20-30% for daily needs and etc.

agree with you, it is better to do both each there are advantages and disadvantages, store in the bank of course more secure but the benefits can be little while investing in bitcoin profits to be gotten a lot but at risk

RoronoaJorah

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Quote from: Amph on March 26, 2015, 08:45:23 AM

better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I agree, saving money will just grow a little compared to investments, if you invest money , it has the potential to grow, to be steady or to fail. Now it depends on how you manage you investment. If you invest on the right thing, in the end you will benefit on it, but if you invest on something that is risky, you may end up failing.

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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 invest it make your money bigger. Money should work for you rather than save it will decay in your bank. It is part of the business to take the risk so you need to grab it and in the future you can have a lot of money.

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Quote from: PizzaBTC on October 26, 2017, 03:58:21 AM

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Quote from: KSGuy on March 26, 2015, 10:22:27 AM

You do know there are other ways to invest.. Not just bitcoin or gold, I'd suggest talking to a finical adviser about your investment options.

That’s right , don’t just invest your money , you need to be more cautious , you need to think , you need to choose and lastly you need to decide. It is better to talk a financial adviser because you will know whether it is worth it to risk or not.

Yeah only spending the money is not the thing to do because the value and the price of the bitcoin is increase so you should get in the bitcoin for the multi source, like you should use the bitcoin investment and the bitcoin trading for the source of the bitcoin. The value and eh price of the bitcoin will be the best currency, I hold the bitcoin and will give you the bright future.

Having more than one way of earning bitcoin will definitely double the speed of accumulating this digital asset and the more bitcoin someone owns now, the quicker he will get rich. Investing in bitcoin is the first step towards trading.

Trading is one of the profession that can change the financial status of a person doing it in a dramatic way. Bitcoin trading is the best for earning huge profits but a lot of care must be shown in this regard.

jonatuzc

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Quote from: Harley0501 on October 26, 2017, 12:31:52 PM

I will do both. We know, bitcoin have high risk. If you do saving money in the bank, you have low risk and for a long term. If all of your money invest to bitcoin, you dont have a backup for your financial. Bitcoin is fluctuative digital asset.I suggest you to save money in the bank, like 50%, and then invest your money into bitcoin, like 20-30%, and 20-30% for daily needs and etc.

There is one saying in the business, “If you are taking step into business, you have to digest three things, profit, loss and risk”. So you can’t make your business successful until you are not a good player of risk. As far as bitcoins are concerned, actually investing is more profitable top you. Saving will give you only fixed ratio while investing major part in bitcoin can make your life great.

mitchee

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IF you have funds to do it, why not do both. investing at the same time saving fiat.

Wittycoin

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If you want a big profit in the short period of time, it is better to invest your money and earn from it, for example, you can invest your money to different cryptocurrency campaigns and when the currency succeed, you will earn big amount of profit from your investment, while, when you save your money, for example in the bank, it will cost a lot of time or a long time to gain profit.

Doamader

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Isnt an easy decision to take, because even investing allowing you to have more bitcoin wich means more money there are some risks that the investment get a big loss instead profit. Savings has already proven their real value, the holders of bitcoin were able to see their investment growing a lot on the last 2 years, expecting it or not it happened. A lot people had jumped out when price reached 2000 dollars and werent able to return into bitcoin with the same bitcoins they had, hard lessons to be learned.

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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?

Of course, saving money is much more reliable. After all, any investment is connected with the risk of losing everything. But an investment can double your money. It is much more profitable, although less reliable and stable. But in the case of Bitcoin, saving works as an investment. Because it's the price continues to grow and bring great profit.

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Quote from: BILGPS on October 27, 2017, 08:03:22 AM

I think the best way to make some more money from your current money is to invest your money in a profitable business. After some time you will get the benefit over your current investment and after that you should try some other trading activities.

To see some profit, investment is the good option instead of holding it back on the bank accounts. At times banks do provide some interest but not satisfactory. Study and invest in a stuff which has a good growth in the current market.

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Quote from: Ranly123 on October 27, 2017, 08:23:36 AM

Its better to save at the same time invest online, knowing that when you only save your money will be stagnant and wont grow unless you try to invest like online investing. Its hastle free and has a lot of profit than a traditional investing.

Yeah me as well I like to invest and to save for the long time because all the things are getting very expensive and the salaries are not very high to fulfill your daily needs so I think it is very important to have the bitcoin and the income of the bitcoin, the value and the price of the bitcoin will be high in the future so it is best to invest your money in the bitcoin so that you will get the high profit in the future.

However, are you ready have loss? I do not think the price of Bitcoin will be high forever, maybe in next few years, the price of Bitcoin will comeback to old value ~ $1,000 for 1 BTC or low more. You should to be ready with any the situation you do not want to see, but it is necessary.

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I think is better save in bank

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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?

I think investing would be the best choice because i dont know anyone who become rich because of just saving their money but i know lot of persons become rich because of investing. In saving you just making your money to sleep for a while and use it in time of need unlike investing you are giving your money a chance to double so that you could use some more on your future need.

nskendrovic

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It is much better to save Bitcoin. I wouldn't save gold right now and I definitely wouldn't save FIAT money. Bitcoin is on it's way to replacing the dollar so just think about the wealth transfer that has to happen.

Shanmatthew

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Both, it is because at first you need to save for you to have savings and once it is already enough, it will become your capital to your investment for you to have more return of investments and it will generate more interests than to your current savings.

ecfel

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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?

I believe It's best to diversify one's portfolio.
in my opinion, its good to have an emergency fund, investment fund and some fixed assets like real estate.

Bitcoin is really good but not wise to put all your eggs in one basket eventhough Bitcoin lays lots of eggs right now.

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Quote from: Dreamchaser21 on October 27, 2017, 07:07:14 AM

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Quote from: futuret on October 24, 2017, 12:20:43 PM

Quote from: Black Angel on October 23, 2017, 06:32:15 AM

I think investing is better than saving, this is because by investing then we can get a bigger profit faster than relying on bank interest not more than 15% per year.

It is true the investing is the better than saving because all the things are just for the saving today and the income and the price of the bitcoin is increasing so it is good to invest in the bitcoin, the value and the price of the money will be high. It is good to invest and to increase your income from the high profit as the income of the bitcoin is getting expensive. The value and the income of the bitcoin are increasing.

Investing is far better than saving money now a day that too simply in the form of cash. At present everyone know that the best option for investing your money is bitcoin because it is continuously increasing in value for last three, four years. There are numerous examples of people who invest into bitcoin few years back and are millionaire now. If you want to save money, save in the form of bitcoin.

Yes keeping money in form of cash means just to wast the time and money. There are so many profitable business where you can invest your money and can get a good return. That is also right that in present time the best option to invest your money is bitcoin, because by investing money in bitcoin one can really get a good profit that may not be even possible from any day trading or business.

That's true saving your money on your local banks or any where will just waste your time and also your money, if you really want to make money then you should invest your money either on stocks or in this cryptoworld so by this i am sure that you will make good money in the future. Learn how to invest take more risk folks.

- Agreed, the profit from the bank is not too high, saving money in the bank only brings safety for us, but because of it, we will waste more time and opportunities to make money, saving money in the bank is only suitable for people want to live forever in the safe area, do not want a breakthrough in life, in the future
- With people who are never satisfied with life, wanting better and better things, do not want to stop at a certain point forever, investment is an excellent and appropriate option, especially investing in the crypto world, the risk is quite large but what we can get is worthy

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Better to have money available right away when you needed it. Because if you have always cash on-the-go, and there's an opportunity that come to your way (you can buy it). In a business, the company always have available cash so that whenever they needed it. Also you needed investment so that when you retire and you cannot work for yourself. So that you have money.

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