Is it better to save money in bank or invest it online, in real estate or maybe gold?
Obviously, the better thing to do is to invest your money because if you are just going to save it, then nothing would improve or you won't earn money. On the other hand, if you are going to invest your bitcoin, you may earn more as long as you are smart with the investments your getting involved with. It is still important that you should be smart and wise on everything that you are going to do especially when investing or trading.
I think if you have enough money it is good to invest the half and save the other half because we know that when investing there is a potential risk possibly happen along the way, you have to gamble the situation to reach your goal but, in other way saving is the safest way to save money only problem is that saving your money never yield profit.
- Correctly, we should allocate our money appropriately, should not focus on investment because investment always has certain risks, using all our money to invest will not be a good idea, if successful, profits will be huge but if we fail, we will lose everything, this is a dangerous gamble
- So we should invest in part and save in part, although profits may decrease but we can limit the risk of losing all the money. In investment, we always need to think of the worst situations, and then find a way to limit damage when that happens, think about the good side and too much profit will make us subjective and easy to fail
