Topic: Is it better to save money or invest it? - page 256. (Read 1181208 times)

Quote from: FlightyPouch on April 03, 2017, 12:51:31 AM

Quote from: DoublerHunter on April 03, 2017, 06:42:43 AM

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run.

Yes, investing starts with savings. Just need to make the right investment. Then you can invest the profits. I started my investment business with savings

That is where it is all starts, from savings. With savings you can do all things without worrying about your money because you will just spend your money savings, it's also very easy for people to start business and also investment if they have savings in the first place but choosing between those two is a tough one so i think it is better if we do both of them to secure ourselves financially.

A good balance should be maintained between saving and investing to make your future more comfortable and promising investing money is risky but to grow your funds and to make profits from your investment you should need to take that risk of investing.

If you're good at investing, all of your money can be safely in it. You shouldn't hold all of your money in risky assets (like Bitcoin) but even if you hold money in a variety of different risky assets with different properties your money can be safe.

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Quote from: FlightyPouch on April 03, 2017, 12:51:31 AM

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run.

Yes, investing starts with savings. Just need to make the right investment. Then you can invest the profits. I started my investment business with savings

That is where it is all starts, from savings. With savings you can do all things without worrying about your money because you will just spend your money savings, it's also very easy for people to start business and also investment if they have savings in the first place but choosing between those two is a tough one so i think it is better if we do both of them to secure ourselves financially.

A good balance should be maintained between saving and investing to make your future more comfortable and promising investing money is risky but to grow your funds and to make profits from your investment you should need to take that risk of investing.

coinchaser007

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Doing both would be the best option. When it comes to investing and saving, you shouldn't put all your eggs in one basket.

But as others have noted, it starts with savings in the beginning.

DoublerHunter

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Quote from: FlightyPouch on April 03, 2017, 12:51:31 AM

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run.

Yes, investing starts with savings. Just need to make the right investment. Then you can invest the profits. I started my investment business with savings

That is where it is all starts, from savings. With savings you can do all things without worrying about your money because you will just spend your money savings, it's also very easy for people to start business and also investment if they have savings in the first place but choosing between those two is a tough one so i think it is better if we do both of them to secure ourselves financially.

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Quote from: FlightyPouch on April 03, 2017, 12:51:31 AM

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run.

Yes, investing starts with savings. Just need to make the right investment. Then you can invest the profits. I started my investment business with savings

People who are already rich will look for direct investments as they have enough funds to make an investment but that doesn't mean that they don't save money everyone will prefer to save money so that it can help them in rainy days but its for rich people to go directly for investments.

Klima

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Quote from: FlightyPouch on April 03, 2017, 12:51:31 AM

Quote from: FlightyPouch on April 03, 2017, 12:51:31 AM

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run.

Yes, investing starts with savings. Just need to make the right investment. Then you can invest the profits. I started my investment business with savings

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It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run.

FlightyPouch

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It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else.

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Quote from: Salazarian on March 27, 2017, 09:35:38 AM

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

I think you should save money both in banks and bitcoins as banks are safer to save our money but the only drawback is that our money will not grow in future as it can grow in bitcoins and saving money in bitcoins is also an form of investment that can give higher amount of fiat in future when price goes higher.

yellow1

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It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

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Quote from: chineseprancing on March 26, 2017, 10:32:24 PM

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

i think investing bitcoin in alt coin is a good way of making money. if you have some experience in trading alt coin then you can really show good result in trading alt coin and can make more and more money.

That is true. If you bought the Ethereum, Monero or Dash in the last 6 months, you have made good profits.

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Quote from: chineseprancing on March 26, 2017, 10:32:24 PM

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

i think investing bitcoin in alt coin is a good way of making money. if you have some experience in trading alt coin then you can really show good result in trading alt coin and can make more and more money.

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Quote from: Theb on March 27, 2017, 01:47:06 AM

Quote from: Kolder on March 26, 2017, 11:12:47 PM

Quote from: chineseprancing on March 26, 2017, 10:32:24 PM

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.

But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.

I don't think that you really earn something in a bank. Or I don't even call it as a form of investment. Right now Banks call the money you put into them as "Savings" which means that you just save your money and you don't earn anything from it. Even if they have interest the rate they are giving is too low to be considered something for an Investment.

The truth is your money is subject to inflation, your money might earn interest but it's subject for inflation. Honestly, what you can enjoy in putting your money in the bank is only the security but never be satisfied with the interest you can earn as we have more opportunity if we will invest that in the crypto world or if we learn to trade as well.

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Quote from: Kolder on March 26, 2017, 11:12:47 PM

Quote from: chineseprancing on March 26, 2017, 10:32:24 PM

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.

But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.

I don't think that you really earn something in a bank. Or I don't even call it as a form of investment. Right now Banks call the money you put into them as "Savings" which means that you just save your money and you don't earn anything from it. Even if they have interest the rate they are giving is too low to be considered something for an Investment.

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Putting our money on a bank can help us a lot in saving plus the benefits we could get from it. But in bitcoin, once you keep it you are just like investing because of how the price fluctuates and we know its trend is increasing. Like what happened to me last week, I was short with my budget cause of my expenses, so if I don't have any savings where can I get? That's why I don't get easily invest for a reason we can't get it instantly.

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Quote from: Kolder on March 26, 2017, 11:12:47 PM

Quote from: chineseprancing on March 26, 2017, 10:32:24 PM

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.

But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.

Agreed, saving big amount of money only in bitcoins involves huge risk as it can get hacked by the hackers and even if avoid that then there is always risk that the price of bitcoin can go low in future so if you have saved all money in bitcoin then it will bring negative results for you.

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Quote from: diegz on March 26, 2017, 10:18:10 PM

Quote from: iamTom123 on March 26, 2017, 10:10:55 PM

Saving in the bank is important most especially for emergency purposes. Now, there are now banks which offered better rates. Here in my country, cooperatives are offering higher returns especially on time deposits. Now, spread your money by also buying gold, stocks and yes also Bitcoin as it can indeed be giving a good rate of return because of its volatility. Just be careful, though.

You can only do that when you have plenty of money to invest. But as ordinary people, it is hard to divide the money into smaller portions as it will also give us smaller ROI and in different times. With that said, if the capital is small, put it in one investment only or in savings only, if it is big, then that's the time to choose which one would make us feel better and satisfied with our decision.

If your money is sufficient (doesn't need to be millions) you could divide it in what you receive per month or something to divide it into smaller portions worthy enough into what you need. As long as it's possible, you don't have to worry about saving to invest. That's the best thing to do when you receive money.

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Quote from: iamTom123 on March 26, 2017, 10:10:55 PM

Saving in the bank is important most especially for emergency purposes. Now, there are now banks which offered better rates. Here in my country, cooperatives are offering higher returns especially on time deposits. Now, spread your money by also buying gold, stocks and yes also Bitcoin as it can indeed be giving a good rate of return because of its volatility. Just be careful, though.

The rates offered is very low compared to what you can earn if you will risk your money in real investment, putting our money in banks only safeguard
our money and investors knew that. Me, I have a bank account but I do not consider the amount I earn as interest is big enough, I do focus more on
trading and investing for my earning and honestly I do save only in bank for security purpose. At least I'm sure my money is covered with deposit insurance.

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Quote from: chineseprancing on March 26, 2017, 10:32:24 PM

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Saving your money in the bank is not considered as investment. You are just allowing your money to be eaten by the inflation and you are lending your money to the bank at the lowest interest which is only a penny for them. I don't consider it as investment though saving bitcoin is really one to be considered as a form of investment.

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