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Topic: Is it better to save money or invest it? - page 168. (Read 1181208 times)

full member
Activity: 284
Merit: 100
Is it better to save money in bank or invest it online, in real estate or maybe gold?
If you are new in this industry or your in the traditional business, of course much better to invest your money. So that we can easily roll it then once the profit comes we can compound it, then after a months we will noticed that our business will become grown quickly. Though savings was a good idea too.
sr. member
Activity: 798
Merit: 250
In my opinion it is better to save bitcoins, because it is already a safe investment, since the price is increasing you will make good profit just by saving your bitcoins in your wallet. In addition there is a lot of scams pops up online calling themselves as investment sites.
legendary
Activity: 1092
Merit: 1001
In my situation as a student, I still do not hold a lot of money. With that, it is better for me to save money and make it available anytime. In the future, if I already have a job and source of income, I can have more savings and maybe divide it and use the half for investment.

Yes, the more diversified your portfolio is, the more chances of making sound profits is there. Saving and investing should walk hand in hand to keep the owner in stable financial states. Saving with bitcoins is really great way of increasing your income and probably the best way of saving money for hard times.

I dont agree with that, if that guy has $200 he can diversify too much. What is he gonna buy? 10 coins? $20 of each altcoin?
I think that diversify is only if you have more than $2k. For example i have all my portfolio in 4 coins, i think that is fair, if one of the coin drop a lot, then you can easily recover it with the other three.
member
Activity: 84
Merit: 10
Saving and investing money is good and you can't separate them.It is important to have paper money if u dont have anything initially and then maybe you can save it or spend it afterwards when you have a loads of it.
full member
Activity: 504
Merit: 100
for me much better to save money in the bank. so that if like have emergency u withraw it. but if ur money was in investment u cant get it easily. its safe for me. but if you want to invest just invest small amount of your money. and invest it in a legit site for a beeter future. Smiley
sr. member
Activity: 784
Merit: 250
Is it better to save money in bank or invest it online, in real estate or maybe gold?

You can invest in bitcoin but the assurance is also unpredictable. Bank will suck you money in the long run and i think if you have enough money to buy property like real estate is good. Real estate value gets higher and higher in time.

Its good to diversify your investment instead of depending only on single one and the future of bitcoin is unpredictable so its a big risk to invest all money in it and I do agree that investing in real estate is an good option as it will give you best returns in long term so even if your bitcoin investment fails you can expect some profits from real estate.
hero member
Activity: 2674
Merit: 585
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The truth be told, you saving money just means that you’re a lazy being and cannot work hard enough. Saving money will in no way make you richer but poorer because one day you’re still going to start spending the money you’ve been saving for years.
Bitcoins are nothing to be misused or handled incautiously. Bitcoins are the future currency. They are as important for bright future as our education is. Only a fool can cash out bitcoins for fun. Those who are having bitcoins at present are the lucky persons because in the near future prices are going to rise beyond limits and it would be not easy to earn bitcoins.
full member
Activity: 560
Merit: 121
Is it better to save money in bank or invest it online, in real estate or maybe gold?

You can invest in bitcoin but the assurance is also unpredictable. Bank will suck you money in the long run and i think if you have enough money to buy property like real estate is good. Real estate value gets higher and higher in time.
legendary
Activity: 882
Merit: 1000
Is it better to save money in bank or invest it online, in real estate or maybe gold?

The answer is yes. They are both important. Because life is uncertain you should always have an emergency fund. Ready cash that you can get to at the drop of a hat. Keep it in the bank, your mattress or a cookie jar. You aren’t worried about return just safety & accessibility of the funds.Once you’ve got enough in your emergency fund (you decide what your comfort level is) then begin investing the rest to grow your wealth.
Being passive player in the crypto market will definitely make them lose their trading skills, ultimately making them as unprofessional bitcoin holders. For bitcoins, it is nice to hold them for long time but with this, one should keep practicing trading with altcoins. Staying active can give you good understanding of the crypto market.
legendary
Activity: 3220
Merit: 1363
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Investing is far better than saving money. Saving money can give you 7% interest per year… just? Investing is the key to growing up the money and especially in bitcoins that will double triple your money just have some good technical and analysis skills.

Agree. You can't live without investing, as only depending on saving will make your money stale instead of helping it grow for the long term. Your chances of growing your capital are even tripled, if you use Bitcoin and other cryptocurrencies.

Since Bitcoin is always rising in value, you can rest assured that you will make lots of money over the long term. Also, there are other cryptocurrencies which are stakeable and offer high interest rates. Those rates are a lot higher than a bank's savings account, making it an ideal choice for building your wealth at a quicker rate.

Therefore, if you combine both saving and investing with cryptocurrencies, you'll be able to have a successful financial life that will last for many years to come. Just my thoughts. Grin
legendary
Activity: 1176
Merit: 1016
The truth be told, you saving money just means that you’re a lazy being and cannot work hard enough. Saving money will in no way make you richer but poorer because one day you’re still going to start spending the money you’ve been saving for years.
hero member
Activity: 946
Merit: 500
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Saving money and investing is the best way to stock up in the future, we just have to do it well so we can get good results too. But I prefer to invest in the long term.

Yes it's good I also prefer in the long-term investments, because by doing that, my money will continue to multiply in the future, rather than just saving it in the bank. I also prefer to put 80% of my money in bitcoin.
if we didn't have any emergency usage,as much as possible do not used it yet. Palan for your future and it will be better by that time. As we see btc do increase as time passed by.
sr. member
Activity: 1162
Merit: 253
Saving money and investing is the best way to stock up in the future, we just have to do it well so we can get good results too. But I prefer to invest in the long term.

Yes it's good I also prefer in the long-term investments, because by doing that, my money will continue to multiply in the future, rather than just saving it in the bank. I also prefer to put 80% of my money in bitcoin.
newbie
Activity: 15
Merit: 0
Is it better to save money in bank or invest it online, in real estate or maybe gold?

The answer is yes. They are both important. Because life is uncertain you should always have an emergency fund. Ready cash that you can get to at the drop of a hat. Keep it in the bank, your mattress or a cookie jar. You aren’t worried about return just safety & accessibility of the funds.Once you’ve got enough in your emergency fund (you decide what your comfort level is) then begin investing the rest to grow your wealth.
full member
Activity: 459
Merit: 104
Every one knows that having money in a bank is the worse investment ever. Banks are usually governed by state and because of this money in many banks are guaranteed. Although money in banks are guaranteed, this is the worse investment because the interest given by banks is minimum if not negative. Thus it is good to have some investments, but in general investments are not guaranteed. Thus many investments are risky businesses. Thus it is good to have some money in banks and some money in investments, how may of them if for you to decide.
full member
Activity: 354
Merit: 103
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Saving money and investing is the best way to stock up in the future, we just have to do it well so we can get good results too. But I prefer to invest in the long term.
full member
Activity: 129
Merit: 100
my personal opinion is better to invest your money, choose a long-term investment with little risk, or you can buy some bitcoins to invest it but bitcoin have high risk, as the price of bitcoin is very unstable and fluctuated, we will never know the price of the bitcoin in the future.
I agree to you. It is better to invest our money in online because we can earn more profit. I prefer to you to invest your money in long term investment because it is more effective.
It is known that investing and holding for the long term brings the best benefits especially for those that do not know how to trade, since I think that describes most people then I think the strategy recommended in the forum of buying and holding bitcoin is correct.
To me, we can't say buy and hold Bitcoin is good strategy.
In future, this strategy will make trader use it met many problem in market and become to speculator, not is trader.
Example: Although after long time they will take a big profit, but if they try invest to market again, I believe they will take big loss, even loss all profit they earned.
You're definitely wrong with that matter my friend, holding bitcoin is a good strategy for now and if we say holding bitcoin from last year's profit until now I think your savings is worth profitable due to higher growth of bitcoin value so far. So it just proved that bitcoin investments through saving is better and it really provide profit to the people who wanted bigger earnings. Even how fluctuated is the situation of bitcoin but it survived for long days of threats from speculators who wanted to take down bitcoin's price.
sr. member
Activity: 491
Merit: 250
In my situation as a student, I still do not hold a lot of money. With that, it is better for me to save money and make it available anytime. In the future, if I already have a job and source of income, I can have more savings and maybe divide it and use the half for investment.

Yes, the more diversified your portfolio is, the more chances of making sound profits is there. Saving and investing should walk hand in hand to keep the owner in stable financial states. Saving with bitcoins is really great way of increasing your income and probably the best way of saving money for hard times.
member
Activity: 588
Merit: 10
I think invest better, we all know that saving will only make the bank rich and they do not want to share their investment result to the customer, they only give the bank interest low.
hero member
Activity: 840
Merit: 500
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my personal opinion is better to invest your money, choose a long-term investment with little risk, or you can buy some bitcoins to invest it but bitcoin have high risk, as the price of bitcoin is very unstable and fluctuated, we will never know the price of the bitcoin in the future.
I agree to you. It is better to invest our money in online because we can earn more profit. I prefer to you to invest your money in long term investment because it is more effective.
It is known that investing and holding for the long term brings the best benefits especially for those that do not know how to trade, since I think that describes most people then I think the strategy recommended in the forum of buying and holding bitcoin is correct.
To me, we can't say buy and hold Bitcoin is good strategy.
In future, this strategy will make trader use it met many problem in market and become to speculator, not is trader.
Example: Although after long time they will take a big profit, but if they try invest to market again, I believe they will take big loss, even loss all profit they earned.
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