Is it better to save money or invest it? - page 205.

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Quote from: Zooplus on June 20, 2017, 10:01:43 PM

Quote from: BlokF4No27 on June 20, 2017, 09:52:15 PM

I think a better investment, because with the investment we could make an unexpected profit (because the high demand), many people are successful because of the investment, but I have never heard of the person who is successful because it is saving.

If you want to invest you also have to save so they work together, the first step you have to do is to learn how to save
and if you are successful, you can allocate some for your investing but make sure you have some back up funds in
case you will not succeed in your investing journey.

You're exactly correct. All investments should have savings to back it up because you're really never sure of what the end result of yoir invesrments would be. You just have to be prepared and to be ready whatever the result is. Now you should have some kind of back up or contingency if i case your investmentd doesn't go as planned so that's when you'll see the valie of having savings.

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Quote from: BlokF4No27 on June 20, 2017, 09:52:15 PM

I think a better investment, because with the investment we could make an unexpected profit (because the high demand), many people are successful because of the investment, but I have never heard of the person who is successful because it is saving.

If you want to invest you also have to save so they work together, the first step you have to do is to learn how to save
and if you are successful, you can allocate some for your investing but make sure you have some back up funds in
case you will not succeed in your investing journey.

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I think a better investment, because with the investment we could make an unexpected profit (because the high demand), many people are successful because of the investment, but I have never heard of the person who is successful because it is saving.

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Quote from: madwica on June 20, 2017, 05:48:35 PM

Both are better but saving your bitcoin is also form of investment since value of bitcoin is fluctuating, and by investing your bitcoin is some other investment you are making additional source of income and that is much better. Having multiple investment makes the risk less.

which is correct whenever you save btc you are also saving your money as bitcoin is another type of currency and the best part here is bitcoin keeps increasing its price unlike ordinary fiat which the value is just the same even banks give you 5% earnings after several months or years its not comparable with what bitcoin can bring you if you are smart enough.

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Both are better but saving your bitcoin is also form of investment since value of bitcoin is fluctuating, and by investing your bitcoin is some other investment you are making additional source of income and that is much better. Having multiple investment makes the risk less.

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Quote from: killed on June 18, 2017, 08:41:38 PM

If you do not have a steady source of income maybe investing be a good option. But if you have a steady source of income maybe saving is a pretty good option.

You are right and the suggestion is also making sense. That if one don’t have a source for income and he/ she has enough amount to invest them he should not waste time on wounding for job or to keep your money in bank for a very short and slow benefit . so if you want to do really something great , you have to save money , but that saved money can never be enough for you future as you can increase your saving for future though investment . because investment expend money with the expectation of achieving a profit , getting worker to investing your money could helping in future . so investing is right for me .

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Quote from: Zenithar on June 16, 2017, 06:51:36 PM

it is too much important to have good knowledge about trading and must study the coin or anything else where we are going to invest our money. because those people who do not have knowledge about trading it is very risky and more chance is that you will even lose your own money. i think we must first get knowledge about the coin where we are going to invest and after that should take active step.

Exactly. It is very important to seek knowledge regarding trading and investing into cryptocurrencies, since they're highly volatile and risky than real world assets. For starters, you should always invest the minimum amount possible in a cryptocurrency, and devise a strategy of your own by using the knowledge obtained over the web related to the field.

Once you've gained enough experience, then you could consider to increment your investment amount and so on to ensure your financial life. There are many good altcoins on the markets with promising technology and value, but if you don't follow the right steps, then you will most likely fail over the long term. Just my opinion.

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Quote from: killed on June 18, 2017, 08:41:38 PM

If you do not have a steady source of income maybe investing be a good option. But if you have a steady source of income maybe saving is a pretty good option.

Both parties is good for us. If you have a money then invest the half of it in the market and let it until it will have a profit. Then when it does take the little portion of it and save it. Then do it ragularly. If you do, you will receive and save money for your future use. Saving and investing is both good for us, both good for our future.

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An investment provides you with alternative source(s) of income, when you invest money into other things or into Cryptocurrency, it's grows more than when it's just saved up in the bank or somewhere. But this doesn't mean all your money should go to investments, you should save up some to meet needs, we all know that money invested cannot be easily pulled out to solve a pressing need.

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Quote from: gracia0023 on June 19, 2017, 08:47:17 AM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Both is better. Save money in the bank is good but your money cannot gain profit even you deposit it for a long time. Investing in online or in real state or gold is much risky it because you release a capital for it but the good thing as long as time pass as by the value of it especially in real state and gold will increase and you will gain a high profit for the money you invest.

Saving money in the bank and thinking of an income is a wrong mindset, your amount will grow but in terms of value it does not do the same.
Fiat is subject to inflation, therefore it is not good to put all your money in the bank, the reality is, it is only the bank that are making profit out from your money and you were just fooling yourself thinking you get the most benefits.

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Both is better. Save money in the bank is good but your money cannot gain profit even you deposit it for a long time. Investing in online or in real state or gold is much risky it because you release a capital for it but the good thing as long as time pass as by the value of it especially in real state and gold will increase and you will gain a high profit for the money you invest.

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Quote from: killed on June 18, 2017, 08:41:38 PM

If you do not have a steady source of income maybe investing be a good option. But if you have a steady source of income maybe saving is a pretty good option.

Even you don't have a steady income, saving will always be a good choice as there are people that doesn't have job but only relying with their saving and it's a very good help to them. Though I'm not saying that we shouldn't invest but I say that both things are good. And these two are going to give you a good way of living.

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Quote from: DevilSlayer on June 18, 2017, 08:55:42 PM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is better to save your btc in your wallet. This is the best way for you to earn a income. By investing your money to the btc world and saving it to your wallet you can earn a lot of money. You just need the word patience. Just wait until the value of btc is become higher than before.

Yes, just saving in your wallet is a one option for you to earn income, maybe in just a year it can double its prize just in previous years. Both save and invest will be my choice, Save it in case when it is needed and emergency purposes, and invest it to have great profit in the future but make sure that we choose the right one not the other one who just run your money.

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Quote from: Boov on June 19, 2017, 03:51:50 AM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is better to save AND invest. You need to have savings for future purposes, but the chance of increasing your income is low since savings only offer small interest per annum. That is why you also need to invest. There’s a bigger chance of accumulating wealth in investments. Greater risk but also has greater chance of gains. So I encourage you to do both.

Yes, that is the right way to manage our money. Just save for the emergency or future so we can be prepare for the possible bad things to happen while invest some of your money will be invested in the things that is really worth it like long term coin for example, bitcoin and ethereum because they are both good for long term with a high potential.

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is better to save AND invest. You need to have savings for future purposes, but the chance of increasing your income is low since savings only offer small interest per annum. That is why you also need to invest. There’s a bigger chance of accumulating wealth in investments. Greater risk but also has greater chance of gains. So I encourage you to do both.

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is better to save your btc in your wallet. This is the best way for you to earn a income. By investing your money to the btc world and saving it to your wallet you can earn a lot of money. You just need the word patience. Just wait until the value of btc is become higher than before.

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If you do not have a steady source of income maybe investing be a good option. But if you have a steady source of income maybe saving is a pretty good option.

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Quote from: ChronoLite on June 18, 2017, 07:44:32 AM

Quote from: Sled on June 17, 2017, 09:38:32 PM

There is no safe investment or secure investment because every investment has a risk so if you are trying to invest then you should have enough savings in your bank or separate bitcoin wallet so you will not be so problematic when you lose some money in your investment. Investing and saving money is always a must to be able to reach our goals in terms of wealth.

Yes, there are no risk free investment anywhere even in trading sometimes you can lose/cut loss because the market but all we can to do is to prepare and minimize the risk with study first for any action you do later.

Its true in every investment there's always risk its either high or low risk depends on your appetite. in trading the risk is very high because of volatility of the price. and saving there is also risk, because when you just save you are missing the opportunity to grow your money overtime which banks cant give you that much interest. so for me it is really better to invest your money, take some risk and enjoy later on.

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Quote from: Sled on June 17, 2017, 09:38:32 PM

There is no safe investment or secure investment because every investment has a risk so if you are trying to invest then you should have enough savings in your bank or separate bitcoin wallet so you will not be so problematic when you lose some money in your investment. Investing and saving money is always a must to be able to reach our goals in terms of wealth.

Yes, there are no risk free investment anywhere even in trading sometimes you can lose/cut loss because the market but all we can to do is to prepare and minimize the risk with study first for any action you do later.

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Quote from: bitbob82 on June 17, 2017, 06:51:04 PM

Quote from: bncbnc on June 17, 2017, 06:34:46 PM

Quote from: Fireblade on June 17, 2017, 01:51:56 PM

Quote from: Dontme on June 17, 2017, 09:43:47 AM

It is better to invest money than to save it because if you have the courage to invest it you can have a chance to earn profit or grow your money from what you have invested, unlike when you save your money it will become stagnant or remain and it will not grow or be more profitable. It takes courage to invest but if you want to grow your money, you must do it.

yes investment is the best option. those people who have the courage to invest the money, they can really make money from bitcoin, saving con only give you a safety for your existence money and cannot increase the amount of your money.

it is up to you. in you are interested to invest your money in some profitable business so this way you are going to invest your money, but if you do not like to invest or you are reluctant to invest their money they are just holding their cash or invest it in Gold because in present time gold is one the most stable fiat.

to me i will like to say that investment can be more profitable you just need to find a more secure and profitable place for your investment and hope that you will really get a good profit, and therefore i will always choose investment instead of saving.

There is no safe investment or secure investment because every investment has a risk so if you are trying to invest then you should have enough savings in your bank or separate bitcoin wallet so you will not be so problematic when you lose some money in your investment. Investing and saving money is always a must to be able to reach our goals in terms of wealth.

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