Topic: Is it better to save money or invest it? - page 227. (Read 1181208 times)

I'm with you, people would KILL to have a consistent 1% a day, thats unheard of.  3%-4% DAILY is impossible, even by the best traders. Warren Buffet is the most lucrative Investor in the world and he never traded anything, he just holds.

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.

It is better to invest money as your money will keep on increasing.
But it does not mean that you will invest in an untrusted source.

Choose where to invest wisely

not really the greatest but I agree with you that crypto and alt trading can be one of the most profitable investment you can make today. aggressive trading can make you earn daily if you have a good capital. and with bitcoin, saving pretty much becomes an investment itself and in a long time, will make you rich

even the best possible investors can't make guaranteed profits. thing to keep in mind is that when you depend on others, and that's exactly the case with trading and whatever form of investments, there will always be uncertainties. you simply don't know what others will do. right now can be all fine, but what about tomorrow? and exactly these uncertainties are something that no one can predict/see. but at the same time, that's also why people get attracted to invest instead of saving. it's exciting, there is potentially a decent sum of money to be made, you feel like you're doing something good, etc. it's a combination of everything.

It would be better if thou must invest your money online through bitcoin. As market of bitcoin is becoming in demand in the market, expecct better things reagarding bitcoin. Thus, investing in crypto currency is the greatest opportunity that an investors can have.

There is a risk in investing and you cannot guarantee to have 100% growth of your investment in just a short period of time, unless you are genius.
Sometimes it takes month or years depending on what you invest, aside from being smart, you also need to be lucky to fast track your success.

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.

Even at 1% I would be happy to have that, that will be a big amount if that is possible, however we know it is not possible
as no one makes money on a daily basis in trading or investing.

Every investment is risky and if you don't have patience then bitcoins is not the best place for you to make an investment as you will surely get panic when you see price dropping which will result in selling your coins at cheaper price.

Both have risks, may it be for long term and short term, it depends upon you on how your manage your investment because that will require you to be smart all the time especially in crypto where there are plenty of speculation that will certainly affect the price of your investment.

To minimize the risk of loosing money in future it would be good if we invest our money in both of them as one will give profits in short term and other will take care in long term so even if bitcoin investment fails we can expect some profits from gold in long term.

Yes both bitcoin and physical gold is a good investment especially in the long run if you want a sure income also if you want to invest in some short term but risky to make more money then save some extra earnings.

It is depend on what kind of investment that we do. If we save bitcoin it is mean we do saving and investing in the same time. I think the best investment is bitcoin, property and gold because the value of it is always increase.

What rate of return do you want? Do you want to make a guaranteed 15% per year? Put it into your 401k at work, that is about how much they make if you tell them to take more risks.

Do you want make 3% to 4% each day? Day trade. Takes lots of time to do and patience. BTC-E is your friend.

That is the good way to make profits in long term as you cannot depend only on single source to make money in future but if you go for both trading and investing then it can give you best results in future and trading will also help you in growing your bitcoins in long term.

Yes that is the chart of bitcoin, it's wave is going to keep on pumping. And if you are able to get in the trend of bitcoins pump for sure you are going to get a decent return as you are expecting. If you'll do both things trading and investing will give you better results for the next years to come so just both do it.

Saving money will require great level of discipline and not all have the habit of saving money but if you want to have good and secure life in future then you should start saving money on regular basis so even if your investment goes wrong the money that you have saved will take care of your living.

Anybody who tells you to risk all your money in crypto is bananas. Sure you have the POTENTIAL to make insane money, but the risk is crazy. Look at the .com bubble, only a handful of people survived that with a profit. I certainly believe that the technology behind crypto is going to lead to another technologic revolution, but, there is a reason that crypto isn't on wall street yet. It will be eventually.

When you invest, your ONLY goal is to surpass the % interest you would be getting by having your money sitting in the bank. Right now, with interest still being almost nothing, thats a pretty easy standard to reach. So, theoretically, as long as you are doing better than that, you are making money.

The SPX (S&P 500) is considered the bar that all other investments are compared to (I'm only referring to USA btw simply because thats where my knowledge is). It averages around 8%-10% annually. It is considered the best representation of 500 American companies as chosen by Standard and Poor. Actually going back to OP, land has proven over and over to be the best investment, unfortunately it requires a lot of capitol upfront to get in.

Anyway, If you want to play the crypto game, in my opinion, pick 5-10 coins, invest the same amount, and hold for 10-15 years. Thats what i'm doing

Right now the acceptance of bitcoin is very limited so I don't think that anyone is accepting bitcoin as mode of payment either in real estate or even at offline shops and to buy house using bitcoins will take really long time and I don't see it happening in next few years.