Is it better to save money or invest it? - page 170.

batang_bitcoin

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Quote from: Gameroid on August 21, 2017, 06:49:15 PM

Quote from: batang_bitcoin on August 21, 2017, 06:03:55 PM

Quote from: blackmagician on August 21, 2017, 02:04:47 PM

For me im doing both of them cause when i get profit from my invesment i always save some amount for emergency purposes. But of im going to pick one of them i definitely choose investing to multiply my earnings.

It's good to do both things, if you are an investor but you are aware that you need to save too. Why not just do them altogether since you are the one to compensate yourself upon saving. And you are the one to get some good benefits when you are the one that will invest your money, don't hesitate to choose just do both of them.

yes that is right to say that it is good to have both saving and investment, in fact most of the people are saving money because they think that if they feel the desperate need of money they most have some amount of money of money, which they can use for in case of emergency, but still they invest most of their money in trading.

We are all grown up, we need savings for our future needs and we need investment to have some decent profit from other source. I'm not saying that only invest into only one place but scatter your investments. You have to be open minded and put your investments in almost everywhere because this is going to give you a better financial stability.

Gameroid

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Quote from: batang_bitcoin on August 21, 2017, 06:03:55 PM

Quote from: blackmagician on August 21, 2017, 02:04:47 PM

For me im doing both of them cause when i get profit from my invesment i always save some amount for emergency purposes. But of im going to pick one of them i definitely choose investing to multiply my earnings.

It's good to do both things, if you are an investor but you are aware that you need to save too. Why not just do them altogether since you are the one to compensate yourself upon saving. And you are the one to get some good benefits when you are the one that will invest your money, don't hesitate to choose just do both of them.

yes that is right to say that it is good to have both saving and investment, in fact most of the people are saving money because they think that if they feel the desperate need of money they most have some amount of money of money, which they can use for in case of emergency, but still they invest most of their money in trading.

batang_bitcoin

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Quote from: blackmagician on August 21, 2017, 02:04:47 PM

For me im doing both of them cause when i get profit from my invesment i always save some amount for emergency purposes. But of im going to pick one of them i definitely choose investing to multiply my earnings.

It's good to do both things, if you are an investor but you are aware that you need to save too. Why not just do them altogether since you are the one to compensate yourself upon saving. And you are the one to get some good benefits when you are the one that will invest your money, don't hesitate to choose just do both of them.

bncbnc

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Quote from: blackmagician on August 21, 2017, 02:04:47 PM

For me im doing both of them cause when i get profit from my invesment i always save some amount for emergency purposes. But of im going to pick one of them i definitely choose investing to multiply my earnings.

I think majority of people are here interested to invest money instead of saving it, because through investment we can increase the number of our bitcoin. in fact if you are good in trading and having good experience in trading then you can also make a good amount of money from trading altcoin and so you can increase the number of bitcoin you have.

blackmagician

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For me im doing both of them cause when i get profit from my invesment i always save some amount for emergency purposes. But of im going to pick one of them i definitely choose investing to multiply my earnings.

Difftic

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Quote from: Rebisco on August 20, 2017, 04:26:11 AM

Quote from: Goler on August 19, 2017, 10:46:43 PM

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.

yes right its better to invest that you know that you will get profit not to scam you. and long term like holding coins is the best thing i can see.

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Quote from: Pakboy on August 20, 2017, 10:34:25 AM

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Quote from: Gastotade on August 18, 2017, 10:30:02 PM

Yea. It still on your decision on what you gonna do , considering what you master, your skills to analyze whether it gonna be a successful iCo or not then save the rewards you can get on it . Soon it might double when you hold onto it.

ICO now is too much so the newly created coins will not be worth the price when ICO-sale.

It's still worth it, there are people who never stops on investing in ICO's because there's a big money on it. You should know that there are some ICO's who aren't worth to invest and there are some who has big potential so investors are focused to those projects. While investing into those projects and coin don't stop saving.

You should pick a good project in investing in ICO. we all know that many ICO's are just a scam so be very suspisious in investing on ICO's. you should look on the team and the project. If you think it was possible and have a chance to succeed then you may invest on it. My number suggestion was investing in CENTRA ICO.

You had to look and do a research with those ICOs. Make sure that they are transparent, they have real people behind their project. Also there are projects that they have people from other successful projects/coins. And those type of projects can be also a good place to invest your money. Don't just save your money but if it is your bitcoin to save, much better.

although we can get good profit from these ICOs, but it is also too much important that you must have good knowledge about these ICOs, therefore you need first to study and then invest your money in such ICOs, because some time such kind of ICOs are only scam and they are just collecting the money of the people and they do not have any other intention, therefore you need to be too much careful while investing money in ICOs.

Knowledge is there, you can't even invest in any ICO if you don't have this. You have to know what you are doing because if you don't, it's like you are donating your money on those projects without thinking that the people are legit for that project and they won't be scamming you.

Yeah It seems that you are correct. Before we invest our money to the different ICO, we make sure first that we have a knowledge about that ICO. If we have no knowledge there is possibility that it is a scam project.

Not only knowledge, if you want know an ICO project is scam or not, you should find some reviews about this project, then check the community talking about this project good or bad, any exchange sure listed it or not etc ...

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Quote from: Goler on August 19, 2017, 10:46:43 PM

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.

Yeah. That is the most obvious choice you'll want to make if you want to see your capital grow over the long term. When you invest into limited supply assets and commodities like Bitcoin and Gold, you can ensure your financial life in the future as they tend to rise in value over the course of time.

With Bitcoin, you can both save and invest your money into it, while being sure that you'll earn profit over the course of time, when prices start to rise. There are no banks, or middlemen behind it, so it makes it an ideal choice towards preserving your capital for the future. The only downside is that prices for the pioneer cryptocurrency, are extremely volatile, making it quite troublesome for anyone who would like to make short term profits. Due to this behavior, we cannot predict Bitcoin's value in the future, but as long as there is a wide audience giving their support, it will continue to gain traction.

Gold, on the other hand, may be the safest investment you'll ever make, as prices are relatively stable and it aims to appreciate in value as time goes by. As you said earlier, every investment has a risk, but as long as you manage to overcome those risks, then nothing should stop you from increasing your capital for the long term. Just my opinion

doomloop

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Quote from: Rebisco on August 20, 2017, 04:26:11 AM

Quote from: Goler on August 19, 2017, 10:46:43 PM

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.

you are right it is better to invest your money instead of saving it but we have to be very careful before investing our money as to avoid suffering from scam. Saving is good in the case of preparing something for the future fact on the other hand investing your money is an extraordinary good decision so that your present money can earn money for your future so for me both are good at the same time.

guoyu78

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Quote from: hahay on August 20, 2017, 01:01:01 PM

Quote from: Noilee on August 20, 2017, 12:15:15 PM

For me its better to save money, because if we are already savings then we don't need to worry in our future. Savings is important especially to the future we do not know if what happen, we will save money for the emergency and you can ready to use. You can surely that your money is safe when you save it. To save money is secure and to have a good life if we have already a savings and also for our retirement someday.

Excess in saving is usable in times of emergency, but if we save only, we will not be able to get more income like investment. But if invest and when we have emergency problems and need money, then we can not use our money. So, both are the best choices for future goals, saving and investing is one's best choice depending on their individual needs.

Yep, it is wise to participate in both. Neither investment without savings can change your financial status nor vice versa. Savings do help you in hard times when no one is ready to help you out and investments are the sources of producing money that could be saved for bad times.

aeternus

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Quote from: mware on August 16, 2017, 10:35:23 AM

It depends on the need, Saving means that you set aside money and will be used if necessary and Investment means you put money elsewhere so you expect the investment to rise in value so you earn a profit

None is better than the other we need to do both, without saving you cannot invest but if you only save then you are going to lose value since inflation is going to decrease the amount of good you can buy with your currency, so do both and be happy about it.

TribalBob

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Saving will never give you that amount of money that you are looking for and if you want that your money should work for you then you should take a risk of investing your money either in real world or in digital world and when it comes to an digital world bitcoin seems to be an best investment to make at an moment.