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Topic: Is it better to save money or invest it? - page 175. (Read 1181230 times)

full member
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Saving money should almost always come before investing money. Think of it as the foundation upon which your financial house is built.


The reason is simple. Unless you inherit a large amount of wealth, it is your savings that will provide you with the capital to feed your investments. If times get tough and you require cash, you'll likely be selling out your investments at the worst possible time. That is not a recipe for getting rich.


In simple words, don't put all of your eggs in one basket, invest some of your savings in Crypto like BTC or ETH, and also keep some portion of your savings for emergency needs.
legendary
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If you have some extra money you don't need, invest it. This is the only way that you get something in return. Some kind of profit and enlarge your savings. Investing in bitcoin is also a good decision. With investment you also make savings,so it's mutual.
investing is somehow a form of saving, yet risky since were not sure if it will be a successful project so better make some research on what project we were going to invest and if its legit.
That's given already, when you invest you have to study otherwise you are just gambling which is not certain if you have
a big chance or not. In investing, the information is present and you can analyze it directly and know if it's worth investing or not.
With a lot of investing opportunity in the world both legitimate and scam, it's your call on what to choose.
sr. member
Activity: 503
Merit: 250
If you have some extra money you don't need, invest it. This is the only way that you get something in return. Some kind of profit and enlarge your savings. Investing in bitcoin is also a good decision. With investment you also make savings,so it's mutual.
investing is somehow a form of saving, yet risky since were not sure if it will be a successful project so better make some research on what project we were going to invest and if its legit.
full member
Activity: 140
Merit: 100
If you have some extra money you don't need, invest it. This is the only way that you get something in return. Some kind of profit and enlarge your savings. Investing in bitcoin is also a good decision. With investment you also make savings,so it's mutual.
sr. member
Activity: 798
Merit: 258
Is it better to save money in bank or invest it online, in real estate or maybe gold?
They are both good to apply, we must save and we must do also invest both must be in balance so that we can easily have money in the future. Investing online was a good only of you're gonna but atlcoin in any legit exchange site platform like bittrex and poloniex. Just make sure only that the coins which you are going to choose is always on top 20 listed at the coinmarketcap and always look for the volumes.
hero member
Activity: 1316
Merit: 502
For me its better to save money becuase bitcoin will change the value everyday but im a still a newbie dont have any bitcoins but i will earn some bitcoin someday and saved for my future and ill wait forgrowing the value of the bitcoin Smiley
If you save it for a long time I think in the end it will be something very profitable investment in the future. Saving bitcoins and saving paper money for a long time I think it's something much different.
In present, nobody want saving their money with paper money, they will choose other asset can increasing up the value like Gold, Real Estate, or cryptocurrency Bitcoin. Because the value of paper money always decreasing every years.
I do believe majority of the people are still into savings without thinking of investing, most people does not want to take risk so expect they will
not venture into business. If they do then we should be seeing a massive adoption with bitcoin but it has not happen yet despite a good price seen.
We need to think about the investing as well and not always about saving because saving will not help us to become rich because the money in our savings are not working for us and if we can't turn our money into a worker for us then somebody will use that money to turn it into a worker for them so they can have a passive income and that what we should work for our savings so we can have a good future.
Exactly, saving does not help us to become rich, but it helps us feel safe because we always have some money to use in emergency situations, we never worry about losing money when saving. However, saving makes us unable to make more money, and our lives will never be better if we only save, so I think we should choose the investment despite the risk, but if successful, our lives will be better than ever.
hero member
Activity: 994
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For me it is better to save money for an emergency matter but in contrary it is better to invest it for your future so it will grow when time fly by  Wink

If i really had some money and i wanted to keep them for an emergency, i would of course consider bitcoin for that matter too. I would keep my funds in bitcoin so that i had savings as well as some profit with the time as the price keeps moving in long term and we have seen this since bitcoin is in the market.

Everyone always wanted to save money as it is sure as to secure the money for the future.  And yes bitcoin is good to save because it will increase its price even if you just keep it in your wallet.  But if given a chance I would consider investing after saving emergency funds.  As we all know investing is quite risky yet it will give you profit.
member
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investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees. i investingg all time every daY
hero member
Activity: 756
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For me it is better to save money for an emergency matter but in contrary it is better to invest it for your future so it will grow when time fly by  Wink

If i really had some money and i wanted to keep them for an emergency, i would of course consider bitcoin for that matter too. I would keep my funds in bitcoin so that i had savings as well as some profit with the time as the price keeps moving in long term and we have seen this since bitcoin is in the market.
hero member
Activity: 658
Merit: 500
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I think that if you ask the question, you are not very familiar with investment so better you saving your money. At least you will not lose it by doing a mistake.

What mistake you mean? Losing money by investing? Most of times if you invest in alt coins or even bitcoins you won't lose your money. Unless person invests them into risky site like gambling, but i think that everyone understands that it wouldn't be smart to invest there.

In my opinion it is much better to invest, as chance to lose your money is really low (again, depends where you invest), and you can earn from it, while if you'll save them you won't get any profit from it. So it's better to take the risk and invest.
hero member
Activity: 1680
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For me its better to save money becuase bitcoin will change the value everyday but im a still a newbie dont have any bitcoins but i will earn some bitcoin someday and saved for my future and ill wait forgrowing the value of the bitcoin Smiley
If you save it for a long time I think in the end it will be something very profitable investment in the future. Saving bitcoins and saving paper money for a long time I think it's something much different.
In present, nobody want saving their money with paper money, they will choose other asset can increasing up the value like Gold, Real Estate, or cryptocurrency Bitcoin. Because the value of paper money always decreasing every years.
I do believe majority of the people are still into savings without thinking of investing, most people does not want to take risk so expect they will
not venture into business. If they do then we should be seeing a massive adoption with bitcoin but it has not happen yet despite a good price seen.
We need to think about the investing as well and not always about saving because saving will not help us to become rich because the money in our savings are not working for us and if we can't turn our money into a worker for us then somebody will use that money to turn it into a worker for them so they can have a passive income and that what we should work for our savings so we can have a good future.
legendary
Activity: 1106
Merit: 1000
For me its better to save money becuase bitcoin will change the value everyday but im a still a newbie dont have any bitcoins but i will earn some bitcoin someday and saved for my future and ill wait forgrowing the value of the bitcoin Smiley
If you save it for a long time I think in the end it will be something very profitable investment in the future. Saving bitcoins and saving paper money for a long time I think it's something much different.
In present, nobody want saving their money with paper money, they will choose other asset can increasing up the value like Gold, Real Estate, or cryptocurrency Bitcoin. Because the value of paper money always decreasing every years.
I do believe majority of the people are still into savings without thinking of investing, most people does not want to take risk so expect they will
not venture into business. If they do then we should be seeing a massive adoption with bitcoin but it has not happen yet despite a good price seen.
sr. member
Activity: 560
Merit: 250
For me its better to save money becuase bitcoin will change the value everyday but im a still a newbie dont have any bitcoins but i will earn some bitcoin someday and saved for my future and ill wait forgrowing the value of the bitcoin Smiley
If you save it for a long time I think in the end it will be something very profitable investment in the future. Saving bitcoins and saving paper money for a long time I think it's something much different.
In present, nobody want saving their money with paper money, they will choose other asset can increasing up the value like Gold, Real Estate, or cryptocurrency Bitcoin. Because the value of paper money always decreasing every years.
sr. member
Activity: 560
Merit: 257
For me its better to save money becuase bitcoin will change the value everyday but im a still a newbie dont have any bitcoins but i will earn some bitcoin someday and saved for my future and ill wait forgrowing the value of the bitcoin Smiley
If you save it for a long time I think in the end it will be something very profitable investment in the future. Saving bitcoins and saving paper money for a long time I think it's something much different.
hero member
Activity: 3052
Merit: 606
For me it is better to save money for an emergency matter but in contrary it is better to invest it for your future so it will grow when time fly by  Wink
It's not a contrary for me because you can do both when you have enough savings, of course we save for our future but that does not only be intended for emergency situation only, otherwise we are not aiming to grow our savings. Some people are saving in the bank as they feel safe with their money and they think the interest is good enough but they didn't realize there is a better way to increase their money and that is by investing, and now bitcoin is the best investment IMO.
full member
Activity: 434
Merit: 168
For me its better to save money becuase bitcoin will change the value everyday but im a still a newbie dont have any bitcoins but i will earn some bitcoin someday and saved for my future and ill wait forgrowing the value of the bitcoin Smiley
sr. member
Activity: 686
Merit: 250
It is better to invest than to save, because when you invest your money will grow even if you are not doing anything as compared to saving, your money is just stagnant and the interest rate is very low if you just put it in the bank. Just think of it that way. There is a risk in investing, but for me there is more opportunity to earn in investing. Invest a portion then save the rest if you want be on the safe side.
Both are never, you cannot save if you do not have the will to use your savings into something that will help you achieve financial success.
We all wan to have financial freedom where we can do anything we want that requires money but's it's not possible if we will not gonna take some
risk to invest.
to me i think if a person have a lot of money then he can go with both. it is in fact depending on the amount of money you have. to me my personal view is that trading alcoin will be the best option if a person want to make good money, in fact trading is the best option for making more money.
Altcoin or Bitcoin are good, depending the trend on market when you trading. Example: The market Bitcoin in today and in past days have many volatility, it good for scalping trade and earning good profit in short time.

Yes, sharp fluctuations for trade are good. But sometimes it can lead to big money losses. Therefore, one never needs to invest all of its money in it. The best part is investing in long-term securities, part in trading, and some simply storing
The problem is that not many people have the money to do both, to hold and to trade, at the moment I only have enough bitcoin to hold since I’m not willing to take the risk of trying to multiply it by trading since at the moment I do not have the necessary knowledge to be an effective trader.
newbie
Activity: 23
Merit: 0
For me it is better to save money for an emergency matter but in contrary it is better to invest it for your future so it will grow when time fly by  Wink
sr. member
Activity: 556
Merit: 250
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving is a good one but investment are also good but i choose both if i have money i invest on real state like land. And i will save some of my money both are so good for me.
newbie
Activity: 5
Merit: 0
I think that if you ask the question, you are not very familiar with investment so better you saving your money. At least you will not lose it by doing a mistake.
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