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Topic: Is it better to save money or invest it? - page 154. (Read 1181208 times)

full member
Activity: 420
Merit: 100
September 19, 2017, 11:23:25 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investment is better thank saves money, because bitcoin has a big potential to grow fast unlike in saving your money will be the same no change in balance
full member
Activity: 140
Merit: 100
The Future Of Work
September 19, 2017, 09:39:46 PM
Invest it rather than save it.It will be getting stagnant if you will still just savind it.If you will invest it ,it will have a chance that you can make it grow.
sr. member
Activity: 798
Merit: 268
September 19, 2017, 07:51:19 PM
Definitely investing. With the inflation and everything, the only way to keep and grow a certain amount of money is to make it work.

I agree, by just saving your money it cant beat the inflation rate in your country. Investing is really better because it allows your money work for you and this is the good thing because you don't need to actively work when you have your money machine for you. Investing is really a good idea but still it all depends on your plan and goal. 
hero member
Activity: 3080
Merit: 603
September 19, 2017, 05:23:55 PM
I would invest and sell. You can also save money that is also important. I would first invest in some altcoins and then save coins for bitcoin, because bitcoin for me will rise very high.

I will then sell all my coins from bitcoin to have a profit.

I'm doing the same thing right now because I know that it's not going to work out if I'll only going to save for the rest of my life. No profit if I'll only save and there's no profit if I don't invest at all. You shouldn't take a look on each sides because these two are connected from each other. When you invest, make sure that you'll save because if you don't then you are not planning any good financial standing for yourself.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 19, 2017, 03:35:03 PM
I think both are important equally. You can make investments only if you have savings and saving can be done only when you are investing money into something really profitable like bitcoins. But yes if you have savings but still not investing your money, you are probably going in loss.

Exactly. You can't live with only saving your money, or viceversa as you'll need to consider both saving and investing to be able to have a constant financial life. Of course, there will always be risks whenever it is investing or saving, but if you're willing to take them, then you'll be able to succeed for the long term.

It will be always necessary to look out for ways to grow your capital and preserve it for any undesired situation in the future. With Bitcoin and other cryptocurrencies, you'll be able to grow your money exponentially, while you can rest assured to save your money in a bank for maximum security and reliability.

Nevertheless, it is only a matter of choice whenever you want to combine both methods or just choose one of them (either saving or investing). Just my thoughts Grin
hero member
Activity: 2534
Merit: 586
September 19, 2017, 07:14:19 AM
my principle if that money can be developed why should be stored alone, better invested
I will appreciate your suggestion. This is what we all should do, but prior to this you need to have some savings in your pocket. Only then you will be able to invest and buy in Bitcoin. Without saving your money, you can’t do anything. So better first save money and then look for the best possible investment.
newbie
Activity: 30
Merit: 0
September 19, 2017, 05:06:42 AM
I would invest and sell. You can also save money that is also important. I would first invest in some altcoins and then save coins for bitcoin, because bitcoin for me will rise very high.

I will then sell all my coins from bitcoin to have a profit.
member
Activity: 87
Merit: 10
September 19, 2017, 04:57:54 AM
One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone. You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.
full member
Activity: 210
Merit: 117
September 19, 2017, 03:51:35 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
Maybe its better to save money than investing there is always a risk you take.but in saving there also an inflation of interest but you may also take a risk in the interest.
hero member
Activity: 686
Merit: 500
September 18, 2017, 06:59:21 PM
for me save better because bitcoin price will rise to moon next 30 years
There are so many such schemes now a day which aim at deceiving you by showing big dreams of becoming rich. We need to control our greed then and make a proper research before investing into such schemes. For long term investment, going with bitcoins is very much favorable.
newbie
Activity: 56
Merit: 0
September 18, 2017, 06:43:10 PM
I want to indication up for that bank. I get free of charge income and have no threat in any respect? Or is it the financial institution of ponzi?
full member
Activity: 154
Merit: 100
September 18, 2017, 11:37:42 AM
Investing will only be better on saving if there is no scammer but it will not happen. Investing is good for long term, you will need to wait and more patience before you receive the profits. However, there are some investments or should I say a lot which are only a ponzi scheme, asking for small amount turn to big return for a short period of time, so be careful.
it is easily to spot a ponzi scheme if we are a veteran member in this place. But it is hard for newbie. I think that everyone needs to learn about bitcoin carefully before joining so that they can avoid being scammed by other people. As you can see, ponzi scheme can disguide to HYIP, ICO, etc.
member
Activity: 189
Merit: 28
September 18, 2017, 11:11:12 AM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think it is a good idea to invest some of your bitcoins then if it get some high profit save the half of your investment in the bank. Actually you can do both save and invest but it only apply on local banks I don't know if there are site that provides investment and savings.
jr. member
Activity: 52
Merit: 10
September 18, 2017, 11:06:33 AM
Is it better to save money in bank or invest it online, in real estate or maybe gold?

In this industry saving money is just like investing it. Because bitcoins value are not stable just like our country money or current rather. By just simply holding a bitcoins in your wallet can gave you profit if the value rises but remember that it can always fall just like any other coins. The good thing about bitcoins was their value will always rise back again if they fall. They might drops for a while for some various reasons but they can always come back again.
full member
Activity: 431
Merit: 100
DreamTeam Token
September 18, 2017, 11:00:27 AM
Definitely investing. With the inflation and everything, the only way to keep and grow a certain amount of money is to make it work.
sr. member
Activity: 308
Merit: 250
September 18, 2017, 09:47:52 AM
i think its better if both you need save some money and invest too and be careful make sure your investing is legit then you will become successful
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
September 18, 2017, 09:39:50 AM
I suggest to start a business let your money work on you. Having a business is obviously hard at first but you just have to wait for your business to grow and the price in the end is worth it but if you don't like this method, start investing.
sr. member
Activity: 1750
Merit: 267
September 18, 2017, 09:35:22 AM
Definitely save or holding best way to earn a lot of money from Bitcoin. Investment is more effective on short time earning. You can earn a lot of by investing with a short period but it has risk. But holding coin is secure and safe. So i think holding is the best way.
hero member
Activity: 2730
Merit: 632
September 18, 2017, 09:33:45 AM
divide your funds into 3 components and make some deposit, investment, and money in hand. For now, bank is not absulutely secure any far more, this kind of as Greek personal debt crisis.
This is why i dont trust banks anymore and just like what you said on the partitioned you are saying on here I do really agree on this one on which we do have savings,investment and money on hand.On this way we can really make diversifications on our money which isnt really just focused on a single point which would be also an advantage when it comes on making money.
full member
Activity: 519
Merit: 101
September 18, 2017, 09:27:19 AM
Is it better to save money in bank or invest it online, in real estate or maybe gold?

I have not try my luck yet in investing but I know I am very good when it comes to saving money. I find it easy to save money at my young age and I am very happy for myself because of that, not every person can do it. If we say investment you will or you are dedicating you money for something am I right? You will use the money to make more money, it is also good but for strategic and hardworking person only. How about saving money, it is fit for a person who has a lot of patience. Because of that I think you must know first what kind of person you are so that you in what way you will be the best.
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