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Topic: Is it better to save money or invest it? - page 225. (Read 1181228 times)

hero member
Activity: 1148
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Yes saving money is a good one to make, because it is very safe and we are sure in a long run we will get our profit due to result of our being patience on waiting for it.
Saving money will not grow your money but if you have income and you have a saving plan. Then save can give you good benefits. Because your money will be collected
sr. member
Activity: 454
Merit: 251
Is it better to save money in bank or invest it online, in real estate or maybe gold?
A little bit of both. Save it, you'll get a profit out of it in a small interest in a bank. Invest it, it will grow and earn a much possible higher profit so i can consider that whether you choose one of them. You can save it in a possible risk of losing it is a small percentage.
hero member
Activity: 756
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I think it is better to invest, if we invest so we can get a bigger profit of up to 100% in a short time, remember to save money will not make money being a lot but its value will continue to fall.

If you think that investing all your money will make you a millionaire in a day/month/year or whatever then you are living in a dream. In real life the daily necessities and need of money come in front before we even think of investments. Savings are needed to cope up with that and if you dont have any then you are as good as dead. Investments are important to earn but the sole idea in life is not earning but living life to the fullest and that is where savings will come in handy as well.

basically indeed investment is very profitable for us. Because with just keep some bitcoin, we can get a lot of money in the future. But you need to know to make investments, indeed we should have to think about how our lives every day. Whether there is already money being used to meet it or not, because this is not just a matter of advantage but a matter of our lives.be someone who not only think of profit, but think of your every day life so that no harmful things
 
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Yes saving money is a good one to make, because it is very safe and we are sure in a long run we will get our profit due to result of our being patience on waiting for it.

Its not very safe - any bank can get hacked or robbed as well. Grin

Being patient with money wont get it anywhere. You need to work hard to earn and spend it well but in a meticulous manner to allow you easy livelihood and save money for future. Money may lose its importance in the long run but yes bitcoin can help you earn a lot even then I think earning daily and working for bitcoin/fiat is the better way rather than saving it.
legendary
Activity: 2170
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I don't think so. Altcoin trading is a better investment than bitcoin since it can pump quickly once its developers got huge investors which would helps its holders to make profit. Since bitcoin has a massive volume, market would tend to moved slower which in altcoins, flactuations are possible but more pump may happen as developers won't stop working for their coin.

In terms of cold hard returns in percentages, altcoins do offer better *potential* returns, correct. However, it's important to look at what risks you expose yourself to before actually looking to start trading altcoins. In the same way that they can get pumped sky high, they can also sink down very deep. In most cases altcoins are just meant for pump and dump purposes, which is exactly why a lot people get attracted to them. Important for you to realize is that when you dive into such a coin, it will be nothing more than a gamble. If you want to take the risk, then it's all fine. If not, then just avoid altcoins.
hero member
Activity: 1022
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Yes saving money is a good one to make, because it is very safe and we are sure in a long run we will get our profit due to result of our being patience on waiting for it.
sr. member
Activity: 910
Merit: 261
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Both are good but you cannot make investments without money in hand and the only way to get money in hand is saving so saving in a way is more important since it comes before investing and without it is impossible to invest.
Agreed, the base is savings. To multiply what we have saved the next way is the investment. Here savings is risk free, whereas as investment has got certain risk, because the profiting is mainly based on the market variation. Also with bitcoin very few legit investment services were found, but you could find lots of promotion for bitcoin investment. Most were scams.
What more I can say, bitcoin is the best form of investment for me because I've made a decent amount just doing trading regularly, also if I will just hold my bitcoins I also earn as what we have seen with the current price increase now. This is great but I love to have an active income that's why I actively trade and it makes me enjoy what I'm doing.
I don't think so. Altcoin trading is a better investment than bitcoin since it can pump quickly once its developers got huge investors which would helps its holders to make profit. Since bitcoin has a massive volume, market would tend to moved slower which in altcoins, flactuations are possible but more pump may happen as developers won't stop working for their coin.
hero member
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Both are good but you cannot make investments without money in hand and the only way to get money in hand is saving so saving in a way is more important since it comes before investing and without it is impossible to invest.
Agreed, the base is savings. To multiply what we have saved the next way is the investment. Here savings is risk free, whereas as investment has got certain risk, because the profiting is mainly based on the market variation. Also with bitcoin very few legit investment services were found, but you could find lots of promotion for bitcoin investment. Most were scams.
What more I can say, bitcoin is the best form of investment for me because I've made a decent amount just doing trading regularly, also if I will just hold my bitcoins I also earn as what we have seen with the current price increase now. This is great but I love to have an active income that's why I actively trade and it makes me enjoy what I'm doing.
legendary
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Both are good but you cannot make investments without money in hand and the only way to get money in hand is saving so saving in a way is more important since it comes before investing and without it is impossible to invest.
Agreed, the base is savings. To multiply what we have saved the next way is the investment. Here savings is risk free, whereas as investment has got certain risk, because the profiting is mainly based on the market variation. Also with bitcoin very few legit investment services were found, but you could find lots of promotion for bitcoin investment. Most were scams.
sr. member
Activity: 994
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Both are good but you cannot make investments without money in hand and the only way to get money in hand is saving so saving in a way is more important since it comes before investing and without it is impossible to invest.
hero member
Activity: 655
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the growth of bitcoin price on the rise. and it will continue to grow. I am so sure price bitcoin will go higher

Yes, bitcoin will constantly grow, but small drops are possible, especially in summer the price goes down.
Yes I agree both the saving and investment are important for a balance to your wealth in life. I have seen the wise people in my life who do both the activities for a secure and satisfactory future. It is just like the balance diet you need for your daily life to stay healthy and fit. So it is better to allocate all your earnings the three portions of Spending, saving and investing.
hero member
Activity: 588
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For me investing is good than to save. Because investing is to gain or earned more money than savings just like bitcoin if we invest money in the bitcoin our money came up double or triple than savings.
I think the most important thing is saving even though the investment gives you a lot of advantages. But if you use all the money for investment. Then what would you do with his income? Surely you have to keep right?


if you have more budget, then i think you can make double type, saving and investment, but if you only want to saving, then its fine because i think if we have investment, in short and long term, in the end, we can still make profit beside of our saving. and i think this is good things for us to have two kind for our money.

You cannot make profits from saving as it will  never grow your money so even in future you will be holding same amount of money and even it will depreciate in value to the inflation so to grow your money its always good to invest money at genuine place.
Well I don’t think so. I think it depends upon the priorities that one has set for him. If someone is interested in saving he will save only no matter how much budget he has got. On the other hand if someone is interested in investment and he prefers to invest rather than saving he will invest even if he has a single satoshi. So it doesn’t really matter on the budget that you have. It is totally depends on your personal wish.
hero member
Activity: 868
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At this moment you can choose to watch the coins being pumped or can take the risk and try go get more btc, even when just saving looks its working better then any trade that put your coins at risk, btc its insane and keeps growing, even with the transaction delay its insane.
full member
Activity: 414
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I'm happy to accept this argument, for me, investment would be preferable to saving. You can make money by taking a risk, because money begets money towards you. You you have to use your money then you will gain more money.
hero member
Activity: 826
Merit: 529
In my point of view, investment is more preferable to saving money, if you want to take a risk then you will discover more output rather than what saving do.
Saving creates fixed assets or deposit but investment could create better profit than saving.
Specially in Bitcoin, it would be a great idea for using your money.
hero member
Activity: 630
Merit: 500
For me it's better to invest and take the risks than to save and wait for the fluctuating of Bitcoin in the market. The good thing you earn in investment is you can know how to earn income with your own knowledge and decision.
hero member
Activity: 490
Merit: 500
Invest in real estate is the best option for me because the price is stable and keep rising every year here. Bitcoin is also good, but the thing is it is so volatile that you better leave it a few years rather than looking at the chart everyday. Bank is not even an option as saving won't grow your money and the value will be less and less because of inflation.
yes that is right that investment is the best option, in fact through investment we can increase the amount of our money. in fact trading is the best way of making money. while is saving is good but saving should be for a little amount of money. because we should save money for completing our needs.
to me i think trading is the best option in trading there are more chances to make more and more money, but in trading you need to have experience and skill, if you do not have any skill or experience in trading then trading is also too much risky and there remain as no difference between  trading and gambling, because in trading you do not have any skill and therefore you are depending on your luck for trading, you trading is also become more risky.
legendary
Activity: 3514
Merit: 1280
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Invest in real estate is the best option for me because the price is stable and keep rising every year here. Bitcoin is also good, but the thing is it is so volatile that you better leave it a few years rather than looking at the chart everyday. Bank is not even an option as saving won't grow your money and the value will be less and less because of inflation.
Yes true and agree, I think better to invest, this is because with invest more profitable, save money will only make us safe short term but not for the long term.

You are actually wrong in that savings are making people safe in the short term. First of all savings are not there to make a person "safe". A saving is an emergency fund for urgent needs in future. Most people save money so they can live their old age with less work and more rest. You cannot think of the saving to be a mode of earnings. That is the sole reason why people call it savings and not earning.

But isn't that exactly what the word safe means?

I guess the poster you are replying to is absolutely right in his view, and still more so in respect to short term "safety" (because in the long term your emergency funds will be eaten away by inflation, obviously). As per dictionary, being safe means that you "are not in danger of being harmed". In this way, savings allow you not to be harmed by the vicissitudes of life, its ups and downs. In other words, with sufficient savings you won't end up under the bridge in case of some disaster
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Invest in real estate is the best option for me because the price is stable and keep rising every year here. Bitcoin is also good, but the thing is it is so volatile that you better leave it a few years rather than looking at the chart everyday. Bank is not even an option as saving won't grow your money and the value will be less and less because of inflation.
Yes true and agree, I think better to invest, this is because with invest more profitable, save money will only make us safe short term but not for the long term.

You are actually wrong in that savings are making people safe in the short term. First of all savings are not there to make a person "safe". A saving is an emergency fund for urgent needs in future. Most people save money so they can live their old age with less work and more rest. You cannot think of the saving to be a mode of earnings. That is the sole reason why people call it savings and not earning.
legendary
Activity: 3108
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Saving money in banks actually brings no profit, the banks will instead deduct charges from your account reducing the money available until there is none available at all, the best option will be investing it into something that's is bound to make you some money like gold. Gold is trusted and is what everyone falls to when things gets tough.
What is the purpose of your savings mate? I though saving is just to safeguard our money and bank is the best place to save our money as it well protected by their insurance, if you want to grow your money you will have to engage in business by investing it.

Everyone loves to make money but only few of us are willing to take bigger risk that's why we decide to just save to accumulate a bigger amount to take care for our future but I guarantee you it will not be enough to live a the life we are hoping to live.
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