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Topic: Is it better to save money or invest it? - page 261. (Read 1181208 times)

legendary
Activity: 1372
Merit: 1008
Money must be distributed in different ways of investing in order to avoid huge losses.
to avoid a big defeat it would be better if you were to allocate funds in various places such as in a variety of investment but the risks of course you should be able to focus on some things that
hero member
Activity: 770
Merit: 501
Always invest spread it around never put all eggs in one basket make your money/bitcion work for you
hero member
Activity: 882
Merit: 528
Saving money in banks is a good idea but if can make even more money than keeping it at a place then i would suggest you to invest in it.
Also, beware of getting scammed.
legendary
Activity: 1386
Merit: 1058
Is it better to save money in bank or invest it online, in real estate or maybe gold?

after I get to know my assumption about the financial bitcoin began to change, because it is better to save it online but not too big, just for investment just let no additional financial value, than in gold and real estate better I keep in line for investment


For the bitcoin, you can save most and invest a few.
I think investing all is a better idea but if you know the service you are investing with is a genuine and trusted one. If you have even little doubt about the service you are investing with then it's much better to just save all the bitcoins because that too gives profit. Investment should not be forced just because you have some funds in your wallet, in real life you feel bad but with bitcoins even not investing them is a benefit since price changes very rapidly.
legendary
Activity: 2100
Merit: 1058
Money must be distributed in different ways of investing in order to avoid huge losses.
That is one of the wisest advice given i n a one liner post honestly. But talking on the point that whether we should save money or invest it, consider an example suppose you have like 10 KG of gold in real life would you invest selling it or you would just save it ?

Obviously you would save it, right ? Then why such a dilemma when talking about bitcoins ? And here the hike in the price is much higher.
hero member
Activity: 797
Merit: 500
BBOD fast, non-custodial & transparent Exchange
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I totally agree  Wink
Better invest in stocks or bitcoins. Few years from now, everything is "online".
Friend that'e where bitcoins holds a upper hand than compared to fiat, I understand your question that if we deposit money to bank ( saving it ) then they pay little interest and it's like killing money. But actually in bitcoins the price increase is so rapid and humongous that if we just save it then we literally double our money in a span of an year hardly.


But investing in bitcoin is risky. After all, no one can guess what will happen tomorrow with a cryptocurrency. Therefore, I think that some money should be simply stored, and part of it should be invested in reliable projects

Not only bitcoins but each and every investment is risky and people takes that risk of investing either in bitcoin or anywhere else and if you are mentally prepared for the risk factor attached with investments then its good to invest in bitcoins as if it performs well in future then it has an potential to give some extra ordinary returns on investments which may not possible with any other investment.
full member
Activity: 197
Merit: 100
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I totally agree  Wink
Better invest in stocks or bitcoins. Few years from now, everything is "online".
Friend that'e where bitcoins holds a upper hand than compared to fiat, I understand your question that if we deposit money to bank ( saving it ) then they pay little interest and it's like killing money. But actually in bitcoins the price increase is so rapid and humongous that if we just save it then we literally double our money in a span of an year hardly.


But investing in bitcoin is risky. After all, no one can guess what will happen tomorrow with a cryptocurrency. Therefore, I think that some money should be simply stored, and part of it should be invested in reliable projects
legendary
Activity: 2562
Merit: 1441
Money represents time and work.

If you have say $1,000 that represents a certain quantity of time and effort(productivity).

One might say OP's question is asking where a person's time and hard work can be best spent.

That comes down to weighing different opportunities & figuring out which appears the best.

To really figure out which is best requires creating some type of detailed financial plan.
member
Activity: 60
Merit: 10
Investing is always better if one know right place to invest. Flowing with the flow, investing in Stock Market without knowledge, investing in Mutual Funds without reading terms are some mistakes which when prevented can make investment a leap better than saving.
legendary
Activity: 1512
Merit: 1041
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I totally agree  Wink
Better invest in stocks or bitcoins. Few years from now, everything is "online".
Friend that'e where bitcoins holds a upper hand than compared to fiat, I understand your question that if we deposit money to bank ( saving it ) then they pay little interest and it's like killing money. But actually in bitcoins the price increase is so rapid and humongous that if we just save it then we literally double our money in a span of an year hardly.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
It's better to save money when you don't know where, what to invest in. It's a more safe bet for you... Saving can also be considered as investing, as you bet in the incrase value of your currency, not to say as well the ridiculous interest you get yearly with it, as for a saving account for exemple
That's a good decision, do not force things out as the opportunity to invest will just come at the right time. As long as you have the savings when the opportunity comes it will be easy for you to immediately start your investment. Both are good but investment is risky that's why it must be done with the right timing. While the right timing has not arrived yet, savings should be our focus and we must do it with discipline.
hero member
Activity: 588
Merit: 500
Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.

The difference between a business minded man and a normal guy is that the business minded one doesn't like saving. Saving for him is just letting his money sit there. If you give them the same job with the same salary, eventually, the business minded man will resign because he has made enough money to go to the next level while the normal one that has been saving his money will just have enough money to buy the stuffs that he want to buy.

Most of the people that succeed in life didn't rely only on their jobs. They invested in assets, in starters projects, etc. They simply look for opportunities to make themselves grow, and grab that opportunity.
sr. member
Activity: 531
Merit: 258
It's better to save money when you don't know where, what to invest in. It's a more safe bet for you... Saving can also be considered as investing, as you bet in the incrase value of your currency, not to say as well the ridiculous interest you get yearly with it, as for a saving account for exemple
hero member
Activity: 2590
Merit: 644
Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.
So if the savings is just for the poor then why the rich people are keep on having bank accounts and why they are putting their money on their savings account if the word "saving" is just for the poor. I don't think that there is a label for having a time to save money because all the people does that and without saving then you can't do investing.
newbie
Activity: 19
Merit: 0
Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.
full member
Activity: 168
Merit: 100
Investing money in share market, bitcoin or gold will yeild profit if done wisely. But there is risk involved too. So if you want to invest your money, you should consult a financial consultant. The money in bank will sit ideal. I prefer investing money as it will grow with time. If you want to invest you can choose shares or gold for long term investment and bitcoins for short term investment. Never invest only in one commodity. Rather have a diversified investment plan. This way you reduce the risk involved.
hero member
Activity: 2590
Merit: 644
Money must be distributed in different ways of investing in order to avoid huge losses.
That is the right thing to do and i agree with you, Distributing your money even it is fiat or bitcoin to different kind of investment is the best way to minimize the risk of losing money and also get a big chance of getting more positive profit rather than negative profit. You can put some of you bitcoin in altcoins and some in investment sites and the majority will be hold for long term and i think that is safe or has a less risk of being a loser.
newbie
Activity: 32
Merit: 0
Is it better to save money in bank or invest it online, in real estate or maybe gold?

after I get to know my assumption about the financial bitcoin began to change, because it is better to save it online but not too big, just for investment just let no additional financial value, than in gold and real estate better I keep in line for investment


For the bitcoin, you can save most and invest a few.
sr. member
Activity: 423
Merit: 251
Is it better to save money in bank or invest it online, in real estate or maybe gold?

after I get to know my assumption about the financial bitcoin began to change, because it is better to save it online but not too big, just for investment just let no additional financial value, than in gold and real estate better I keep in line for investment
sr. member
Activity: 490
Merit: 258
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I totally agree  Wink
Better invest in stocks or bitcoins. Few years from now, everything is "online".
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