Topic: Is it better to save money or invest it? - page 212. (Read 1181208 times)
My choice is invest the money in any crypto or business
Investing is better than saving, saving in fiat currency can not produce big profits but if saving bitcoin means storing bitcoin for a long time it's a very good investment and saving that results in more profits, so saving bitcoin is a good investment.
Agree. Nowadays, it is best to save and invest your money, especially in an asset or commodity which is scarce and tends to rise in value over time like Bitcoin. You can never depend on fiat currency for saving, except just to spend it as it turns out to decline in value over the years as a result of its inflationary model.
In contrast, Bitcoin is deflationary which means that there is only a finite supply of coins that will ever be produced, making it a rare currency that will rise in value as time goes by.
Thus, if you combine both saving and investing with Bitcoin, you can rest assured to have a stable financial life and live better than doing so with fiat currency. Depending on interest earnings from a bank's savings account is a thing of the past, since you could earn more with Bitcoin as its value continues to rise. Just my opinion.
from my point of view, if should be used for the purpose of investment, because, money can make money if you don't circulate your money then how you can get profit..?
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Invest 60% of your saving.Both need to work in order for you to save more money.
Do not invest all of your money. Save 40% of it just in case of an emergency.
As my brother always says no risk no gain, if i dont expose my money at some risk i will stay with same ammount of bitcoins, at this stage when almost all altcoins are going up i would take the risk and invest, the worse that can happen is a loose at some altcoins and roi at others.
Yes it is true, if you want to get success you should be willing to take any risks that you will face in front. That way you will gain experience and can be a learning material if you fall, when you want to rise again and want to start from the beginning you have experience and knowledge so you do not repeat the same mistake. Its anyday better to invest money , but as for bitcoin there aren't legit options to invest in, and there is a bigger risk than investing in the real world with Fiat. So Save bitcoin and Invest Fiat.
If the money is better for long term investment but if stored in the bank will incur lower costs continuously. but for bitcoin no better choices in investing because there have a greater risk than keeping the money in the bank in the real world so save bitcoin is also very important as well as money in the real world.
As my brother always says no risk no gain, if i dont expose my money at some risk i will stay with same ammount of bitcoins, at this stage when almost all altcoins are going up i would take the risk and invest, the worse that can happen is a loose at some altcoins and roi at others.
If we save money then we obtain security i.e. needs would be sure can, but remember to save money because there is also a risk that is the value of money will go down because inflation is greater than rates.
Yeah and that's the reason why you have to be smart with what to do with your money. It's better to invest and save instead of just doing one over the other. Investment makes your money move towards growing it while savings will keep you safe from getting bankrupt in the case that your investments don't work out well
If we save money then we obtain security i.e. needs would be sure can, but remember to save money because there is also a risk that is the value of money will go down because inflation is greater than rates.
I think save money is much better, but both of this is important to ours. In savings you can get when in times of your needs and emergency. Savings is important if you have savings then its easy to put in investment. Savings is a short term goals to our future but investing is also have a potential. Savings is low risk and secure our future and we don't need to worry in the future if we have savings. In savings it gives opportunity to all people especially to earn interest while keep their money safe and secure. Savings to us a is great benefits when you need money you are cash available.
I think it's way more profitable to just store your savings into BTC. It's basically saving and investing at the same time. There is such a little chance of BTC decreasing below what it is now in ten years and it's way more likely you will have great profit in 10 years.
According to your example 10 years is a very long time, and rely on the fact that during this time Bitcoin will bring superprofits, it is impractical. Therefore, to be more confident, you need to save one part, and invest the second part. Perhaps in this way it will be possible to compensate for the loss, Although if everything goes well, then nobody will remain in the vat.
I think it's way more profitable to just store your savings into BTC. It's basically saving and investing at the same time. There is such a little chance of BTC decreasing below what it is now in ten years and it's way more likely you will have great profit in 10 years.
i think bank is safe for keep money but don't get high profit.
if you invest online and buy some btc as a time you can get doubled profit. Because now a day regularly increase btc rate.
i suggest first you know, where you want invest.
if you invest online and buy some btc as a time you can get doubled profit. Because now a day regularly increase btc rate.
i suggest first you know, where you want invest.
I think that the income from saving from banks may not be a good one, I think it is just to wait your time. I think it is best to invest money in bitcoin rather than to save it in banks. one can really get good profit from bitcoin investment that we cannot imaging from any other source.
In general, the interest rates have taken a massive dive in the last few years. If I look at the banks I am using (I have bank accounts at two different banks), then the best interest rate that they can offer me is 0.3% annually. I can go even one step further and get 1% annually, but I would need to kiss my money goodbye for at least 3 years... In that regard, it's indeed a better option to invest (could be anything). It's not only because it yields you better returns, but also in order to avoid depreciation of your wealth. The only justifiable way of saving is solely to have money aside in case you need it.
Investing is better than saving, saving in fiat currency can not produce big profits but if saving bitcoin means storing bitcoin for a long time it's a very good investment and saving that results in more profits, so saving bitcoin is a good investment.
If you will save fiat, the value of it will become smaller because of the inflation. But if you will save through bitcoin the value of bitcoin will be higher if you are saving it. And while you are saving in bitcoin or fiat, you can just do investing at the same time. You only need to have a good background in any investment you want to do.
Depends on your definition of money
If for you "money" is the right thing - crypto currencies - then yes, you should save it !
ye you should save it to the bank if you want to secure your money for your future plan and get extra money from it but its low why don't you trade 40% - 50% of your money from altcoins so you have a extra income. I do not recommend to invest from HYIP most of them are scam.If for you "money" is the right thing - crypto currencies - then yes, you should save it !
Depends on your definition of money
If for you "money" is the right thing - crypto currencies - then yes, you should save it !
ye you should save it to the bank if you want to secure your money for your future plan and get extra money from it but its low why don't you trade 40% - 50% of your money from altcoins so you have a extra income. I do not recommend to invest from HYIP most of them are scam.If for you "money" is the right thing - crypto currencies - then yes, you should save it !
Depends on your definition of money
If for you "money" is the right thing - crypto currencies - then yes, you should save it !
ye you should save it to the bank if you want to secure your money for your future plan and get extra money from it but its low why don't you trade 40% - 50% of your money from altcoins so you have a extra income. I do not recommend to invest from HYIP most of them are scam. If for you "money" is the right thing - crypto currencies - then yes, you should save it !
It is better to invest than to save money .because investing money is a business.something like planting a rice.time comes it will be harvested..
And it will be possible that the money you invested will be back in double amount ..depending on the way you handle it..
Investing is the same principle as planting ..plant money for today and harvest money later..by means of planting we must be patience and industrious to wait for the time of harvest we dont have to be quick to see things grown.in fact we must learn first the step on how to handle it.
For us to be prudence enought to teach everything to others.therefore i conclude that investing money is better than only saving it..in investing you can gain more prophit in saving..youre money is not increasing
And it will be possible that the money you invested will be back in double amount ..depending on the way you handle it..
Investing is the same principle as planting ..plant money for today and harvest money later..by means of planting we must be patience and industrious to wait for the time of harvest we dont have to be quick to see things grown.in fact we must learn first the step on how to handle it.
For us to be prudence enought to teach everything to others.therefore i conclude that investing money is better than only saving it..in investing you can gain more prophit in saving..youre money is not increasing
I think it's way better to invest all your money into bitcoin that someday the price value will soar up to $500000, bitcoin investing is way better than investing your money into banks that has overrated and overregulated rules just to use your own money in other words you dont have any control to your own money.
Investing in gold is good but can you transfer $5 million worth of it in just minutes certainly not, unlike bitcoin where you can even send billions in just 20-25 mins to confirm and you dont have to worry being hijack because it's secured and it is not controlled by tax unlike the centralize gold.
Investing in gold is good but can you transfer $5 million worth of it in just minutes certainly not, unlike bitcoin where you can even send billions in just 20-25 mins to confirm and you dont have to worry being hijack because it's secured and it is not controlled by tax unlike the centralize gold.
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