Topic: Is it better to save money or invest it? - page 198. (Read 1181230 times)
That's your money and it's your own decision where to keep it. If I would have in place of you then I will probably save my money in the form of bitcoin. Banks won't give you that much interest rate as bitcoin would give to you. Gold is not an option for me, I feel it very tight investment and I don't find it very secure. That's just personal experience which can be different for you.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
There are two choices for you:
- Invest in high risk Bitcoin while making big profits
- Investment in banks, gold, stability, interest rates increase periodically, no mutation, no scam, ...
If you are into higher return better invest your money but then there is also a higher risk of failure in investment while saving money in the bank will only generate low income but has lower chance of failure...or if you want to be sure that your money will generate income better do both
Invest your money into something like bitcoin because investing in bitcoin is just like saving money which will help you to get more money and also grow your money at the same time. So if you want to save and invest at the same time then you just need to know how to invest or buy some bitcoins from exchanges and keep it on a safe place then you just need maintain the security for your account then you can get more money after a long time.
Bitcoin is even safe to invest into even when you do not have saving. That is mainly due to the fact that bitcoin has always delivered profit to its investors whether it be any time period. From a few dollars eight years ago it is valued to more than two thousand dollars. Also as more people invest into bitcoin, the value of bitcoin increases.
Bitcoin has had an excellent run so far, but there's still risks involved, don't sugarcoat that. Never invest more than you can afford to lose. Even assuming that Bitcoin will always recover, a long bear market may still be your downfall if you don't have any other reserves that you can rely on.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest money online if you want to make it grow and you don't need it for your everyday's needs. However if you are going to store your money for emergency purposes/financial support, it's better to store in banks. For easier decsion, divide your money into two and place half for investment and another half for banks savings. In my opinion, I would prefer to invest. Why? Because with us invest our funds will always increase from time to time
If i were you i will do both because if you don't have savings then you might get bother by an emergency and you will end up selling your portfolio or investment then cashing it out and starting investment again. If you have both savings and investments you can easily feel safe and comfortable because it is not that hard for you to get losses from investments because you have savings.
It seems to me that the best option is to choose the amount you are willing to lose and do the exchange to trade coins just for this amount. All the income you can translate into gold or Fiat money. Then you will have income and will not lose all your savings under any circumstances.
It could be both. Saving money in a bank and investing it are equally good and bad. Banking might seem more secure but you only lose in the long term because of the high inflation rate taking place. Additionally, investing in the wrong area is also bad. I'd rather invest than to save in a bank, and I'd rather invest in both gold and bitcoin.
Although this topic already has a lot of answers, I will give my opinion too and I quoted you cause we have similar way of thinking about
this topic. Both have their pros and cons, what suit one person is a nightmare for other.
The answer depends on goals and financial situation, investing can be a great way to get more from your money, but it’s not for everyone.
For many people it is better to save and do nothing, then to risk and lose everything.
yeah but if you choose to to save, you will lost the opportunity to get more earnings.
Because if you choose to invest, its sure you can get more but it depends on how and where you invest.
Just need to learn how to invest properly and also there is a place to invest with low risk like mining.
This is only my opinion too, but i have seen this as a fact.
Because if you want to learn more you will get more
It could be both. Saving money in a bank and investing it are equally good and bad. Banking might seem more secure but you only lose in the long term because of the high inflation rate taking place. Additionally, investing in the wrong area is also bad. I'd rather invest than to save in a bank, and I'd rather invest in both gold and bitcoin.
Although this topic already has a lot of answers, I will give my opinion too and I quoted you cause we have similar way of thinking about
this topic. Both have their pros and cons, what suit one person is a nightmare for other.
The answer depends on goals and financial situation, investing can be a great way to get more from your money, but it’s not for everyone.
For many people it is better to save and do nothing, then to risk and lose everything.
yeah but if you choose to to save, you will lost the opportunity to get more earnings.
Because if you choose to invest, its sure you can get more but it depends on how and where you invest.
Just need to learn how to invest properly and also there is a place to invest with low risk like mining.
This is only my opinion too, but i have seen this as a fact.
Because if you want to learn more you will get more
It could be both. Saving money in a bank and investing it are equally good and bad. Banking might seem more secure but you only lose in the long term because of the high inflation rate taking place. Additionally, investing in the wrong area is also bad. I'd rather invest than to save in a bank, and I'd rather invest in both gold and bitcoin.
Although this topic already has a lot of answers, I will give my opinion too and I quoted you cause we have similar way of thinking about
this topic. Both have their pros and cons, what suit one person is a nightmare for other.
The answer depends on goals and financial situation, investing can be a great way to get more from your money, but it’s not for everyone.
For many people it is better to save and do nothing, then to risk and lose everything.
It could be both. Saving money in a bank and investing it are equally good and bad. Banking might seem more secure but you only lose in the long term because of the high inflation rate taking place. Additionally, investing in the wrong area is also bad. I'd rather invest than to save in a bank, and I'd rather invest in both gold and bitcoin.
If you don't mind losing then go online, perhaps if it works then you'll have a double benefit.
Savings in itself is an investment so I will rather suggest you save in bitcoins rather than keep the money in fiat because Bitcoin is growing by the day and you stand a chance of increasing your fiat value one day if you sell them for bitcoins.
For me its better to save money, because if we have a savings we can get if we need. Save money is important to our life because in times of emergency we use it. Save money is like an investment. But they are both important but for me i rather to save money in many purposes . In savings there is no risk and you earn interest. Save money is important in our life we especially in the future.In saving your money is safe and it don't takes a risk it only to keep it or savings. If we already to save money, some of your other money have to put in an investment.
Wondering whether you should save or invest? The answer depends on your goals and your financial situation. Saving is putting money aside, bit by bit. Investing is taking some of your money and trying to make it grow by buying things you think will increase in value. In my personal opinion, I should go both the idea because if we are not good in investing then it is not so bad I have my saving. Thus, it has the saying " Do not put all your eggs in one basket".
I wouldn't suggest to save money in banks cause there are a lot of hidden fees that they might been using to steal your money. Centralized fiat currency are designed to slave you from debts and it is over regulated and over rated while the decentralized digital currency that is bitcoin is free from oppression,exploitation and tyranny from the bankers. You should invest all of your cash in bitcoin cause this coin has the potential to have great value than gold and dollars in the next 20 years it's current price is around $2700 and now considered as safe haven for investors.
I save and invest at the same time. Saving at least to cover emergencies that might have before you consider investing. If you plan to save atleast 1yr up you might want to invest it with bitcoin rather in bank. And also depends on how much money you want to risk.
If you don't mind losing then go online, perhaps if it works then you'll have a double benefit.
Savings in itself is an investment so I will rather suggest you save in bitcoins rather than keep the money in fiat because Bitcoin is growing by the day and you stand a chance of increasing your fiat value one day if you sell them for bitcoins.
If you don't mind losing then go online, perhaps if it works then you'll have a double benefit.
Savings in itself is an investment so I will rather suggest you save in bitcoins rather than keep the money in fiat because Bitcoin is growing by the day and you stand a chance of increasing your fiat value one day if you sell them for bitcoins.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
For me you have to do both. Some part of your money you should save without risk and for the rest of the money (The ratio depends on you totally how much ever you want to save and invest) you can invest. Like this even If you fail in investing then you will still have some hope because you will still have some savings to start again.
Never put all your eggs into one basket.
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