Is it better to save money or invest it? - page 263.

hurain

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Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

i think every one has their own option but to me i think it is better to invest because by saving we cannot increase the number of our bitcoin , but i think by investment we can increase its price very easily.

Ocytrem

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

There isn't really a better choice between these two options because it depends on what you prefer to do with your money.
But saving your money is safer(no pun intended) than investing it because if you save your money in the bank you can't lose it unless something happens with the bank.

Xester

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Quote from: CoinFoxs on March 06, 2017, 08:54:06 AM

Quote from: simpler2016 on March 05, 2017, 04:44:53 PM

Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

You do not have to be very experienced investor to find some good sites for investment. I'm sure it can every intelligent man. But one should always remember about the risks

Experience matters alot if you are an experienced person then you only invest your money from where you will definitely get some profit and if you don't have experience then you invest your money without knowing the market impoetance of that thing and you will face a loss. So before investing money survey market, make a plan and then invest your money.

The important thing to do is to save money so that when a good investment comes in you can have a capital to use and invest. But it is also necessary to do some research and study ways how to earn and avoid scams and other ponzi schemes. Also, do not invest in anything even if it is legal if you do not know how it works and yo dont have the skill to do and operate such business.

daringdiscovered

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Quote from: Silberman on March 06, 2017, 06:48:17 PM

Quote from: choppork on March 04, 2017, 01:15:05 AM

Quote from: AT-N-T101 on March 02, 2017, 04:03:29 PM

Many will never invest any bitcoin in the projects because they do not want to lose. Bitcoin you want to save for the future, but Fiat is to be used for investments without any problems. It does not involve any risks.

No risks in fiat investments? You must be kidding. All investment, small or big, have risks. If there's not any, I'm sure it's some shady business or is just a scam because it's too good to be true.

Quote from: Kevin77 on March 03, 2017, 12:19:00 PM

People’s idea of the bitcoin has changed a lot since it was released it was supposed to be something that is going to replace the regular fiat instead people made it as an investment just like gold, and although saving might prove and get you profit but it is going to take a really dam long and I am talking like 10 years from now, so if you are not in a rush you can but if you want to make fast money you need to find a better way to invest it.

Bitcoin was only launched 7 or 8 years ago and the people that have invested back then have already made profits. Even those people that only invested last year around 600$, they have already doubled their money. 10 years is a really long time for something that exists and moves around the Internet. There's a lot of things that can happen in a day on the Internet which can change the course of bitcoin.

It will take much less time than 10 years but the longer you wait the better although it does not guarantee profit at all.

10 years is indeed a long time but many people in the forum are planning to hold that long, if you can hold for a year and double your money can you imagine how much could you make if you hold for 10 years?

This is my plan too. Bitcoin last year was just around 800-900$ if i am correct. But now it already hit 1300 if i'm right. Its value rise for more than 300$ in just a couple of months. Imagine its value if you would hold your bitcoin in 10 years. Maybe you'll be rich from that time. In my case, i just spend my bitcoin when i really need to spend it. As long as there are some options to not use my bitcoin i won't use it. Many people see great potential to bitcoin so i just hold my few amounts just like what they are doing.

Gameroid

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Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

different people have different strategies about bitcoin, some people invest their money while some give preference to saving to me i think the best option is to invest the larger amount and save the smaller amount.

Silberman

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Quote from: choppork on March 04, 2017, 01:15:05 AM

Quote from: AT-N-T101 on March 02, 2017, 04:03:29 PM

Many will never invest any bitcoin in the projects because they do not want to lose. Bitcoin you want to save for the future, but Fiat is to be used for investments without any problems. It does not involve any risks.

No risks in fiat investments? You must be kidding. All investment, small or big, have risks. If there's not any, I'm sure it's some shady business or is just a scam because it's too good to be true.

Quote from: Kevin77 on March 03, 2017, 12:19:00 PM

People’s idea of the bitcoin has changed a lot since it was released it was supposed to be something that is going to replace the regular fiat instead people made it as an investment just like gold, and although saving might prove and get you profit but it is going to take a really dam long and I am talking like 10 years from now, so if you are not in a rush you can but if you want to make fast money you need to find a better way to invest it.

Bitcoin was only launched 7 or 8 years ago and the people that have invested back then have already made profits. Even those people that only invested last year around 600$, they have already doubled their money. 10 years is a really long time for something that exists and moves around the Internet. There's a lot of things that can happen in a day on the Internet which can change the course of bitcoin.

It will take much less time than 10 years but the longer you wait the better although it does not guarantee profit at all.

10 years is indeed a long time but many people in the forum are planning to hold that long, if you can hold for a year and double your money can you imagine how much could you make if you hold for 10 years?

shiunsai

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Quote from: daringdiscovered on March 06, 2017, 09:00:27 AM

Quote from: tazmania on March 06, 2017, 08:08:11 AM

Quote from: TheUltraElite on March 06, 2017, 07:15:08 AM

Quote from: mornabo on March 05, 2017, 09:40:00 PM

Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

Investments are always done with vision of making money from them. Mostly business and trading are investments. A job on the other hand may be enough if it can suffice your needs. But the need and not luxury is important to be segregated.

Savings are done for future needs and emergencies that may arise.

However be careful of scam ponzi and HYIP/MLM schemes which are bound to steal your money.

There should be a good balance between saving and investing as both of them have their own roles to play, investments will grow your money and will give you good returns on your investments if you have managed to invest them at a right place and future is uncertain so if anything goes wrong with your investments then saving will take care of your basic stuffs.

I agree, doing both is the best. Investing or saving too much is not good in the long run. Saving too much won't grow your money. And investing too much is very risky as there is a possibility that you can lose all your money from it. Having a balance not just in terms of money but to any form of living is the best thing to do.

Saving is primary and investment is secondary you cannot invest your money without saving them first as making direct investments is easy for rich people who have enough money with them but an average earning person will always prefer to save first as he will look to secure his life by saving and after reaching to certain level will try his luck by investing them.

daringdiscovered

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Quote from: tazmania on March 06, 2017, 08:08:11 AM

Quote from: TheUltraElite on March 06, 2017, 07:15:08 AM

Quote from: mornabo on March 05, 2017, 09:40:00 PM

Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

Investments are always done with vision of making money from them. Mostly business and trading are investments. A job on the other hand may be enough if it can suffice your needs. But the need and not luxury is important to be segregated.

Savings are done for future needs and emergencies that may arise.

However be careful of scam ponzi and HYIP/MLM schemes which are bound to steal your money.

There should be a good balance between saving and investing as both of them have their own roles to play, investments will grow your money and will give you good returns on your investments if you have managed to invest them at a right place and future is uncertain so if anything goes wrong with your investments then saving will take care of your basic stuffs.

I agree, doing both is the best. Investing or saving too much is not good in the long run. Saving too much won't grow your money. And investing too much is very risky as there is a possibility that you can lose all your money from it. Having a balance not just in terms of money but to any form of living is the best thing to do.

CoinFoxs

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Quote from: simpler2016 on March 05, 2017, 04:44:53 PM

Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

You do not have to be very experienced investor to find some good sites for investment. I'm sure it can every intelligent man. But one should always remember about the risks

Experience matters alot if you are an experienced person then you only invest your money from where you will definitely get some profit and if you don't have experience then you invest your money without knowing the market impoetance of that thing and you will face a loss. So before investing money survey market, make a plan and then invest your money.

tazmania

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Quote from: TheUltraElite on March 06, 2017, 07:15:08 AM

Quote from: mornabo on March 05, 2017, 09:40:00 PM

Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

Investments are always done with vision of making money from them. Mostly business and trading are investments. A job on the other hand may be enough if it can suffice your needs. But the need and not luxury is important to be segregated.

Savings are done for future needs and emergencies that may arise.

However be careful of scam ponzi and HYIP/MLM schemes which are bound to steal your money.

There should be a good balance between saving and investing as both of them have their own roles to play, investments will grow your money and will give you good returns on your investments if you have managed to invest them at a right place and future is uncertain so if anything goes wrong with your investments then saving will take care of your basic stuffs.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: mornabo on March 05, 2017, 09:40:00 PM

Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

Investments are always done with vision of making money from them. Mostly business and trading are investments. A job on the other hand may be enough if it can suffice your needs. But the need and not luxury is important to be segregated.

Savings are done for future needs and emergencies that may arise.

However be careful of scam ponzi and HYIP/MLM schemes which are bound to steal your money.

X-ray

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Quote from: mornabo on March 05, 2017, 09:40:00 PM

Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

I can't catch your point, the investment purpose for those people are really rich or have the unused money. And try to spend his unused amount into the correct place and it can give more advantage to the owner. and miss understand about your explanation.

mirakal

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Quote from: mornabo on March 05, 2017, 09:40:00 PM

Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

Having a job will just most likely satisfy your needs in life but as human as we are, we all have our wants because we will never be satisfied. People who are into investment are not satisfied with what they are earning and I hope we should think that way also, we should not limit what we can do as investing is an opportunity for us to mature.

Just a simple logic, if you are just working and your company is very profitable, who will benefit more? Of course the owner, right?... We should be in the position of the owner someday, hence investing is a must.

mornabo

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Quote from: ufaiz50 on February 28, 2017, 10:05:05 PM

Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice

deppil

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Quote from: simpler2016 on March 05, 2017, 04:44:53 PM

Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

You do not have to be very experienced investor to find some good sites for investment. I'm sure it can every intelligent man. But one should always remember about the risks

but at least you have to do research beforehand about the investment you choose. maybe as you can see testimonials from other users and so on it will reduce the investment risk

lionheart78

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Quote from: ?? on ??

Quote from: simpler2016 on March 05, 2017, 04:44:53 PM

Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

You do not have to be very experienced investor to find some good sites for investment. I'm sure it can every intelligent man. But one should always remember about the risks

Each and every investment is risky but if you will never take any risks then you will never make any profits so before investing you should study the market well and see all possible opportunities for making an investment as when it comes to an investment luck factor is also an important and if luck favors you then your investments will give you best returns in future.

Sorry none luck believer here. The question is not about taking risk here, wise investors know how to mitigate risk. High risk investment but you know how to nullify them is better than low risk but cannot be mitigated. And luck does not play to an investors that know what he is doing, and know how to nullify risk in his every investment.

I can say in investment it is not how you take the risk but how you can mitigate the risk involved in a venture. So if the risk cannot be mitigated in a certain venture, it is better to save your money for the next possible investment that will knock to our door.

simpler2016

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Quote from: bitkilo on March 05, 2017, 04:36:52 PM

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

You do not have to be very experienced investor to find some good sites for investment. I'm sure it can every intelligent man. But one should always remember about the risks

bitkilo

legendary

Activity: 1638

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https://www.bitcoin.com/

Depends on who you are, if you are a Wallstreet worker with all the inside knowledge then invest everything.
If you don't know what you are doing stick you money under the mattress.

ashapasa

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Quote from: Sled on March 05, 2017, 03:47:18 PM

Quote from: axorb on March 05, 2017, 11:47:09 AM

Quote from: PokerFace3 on March 05, 2017, 11:34:55 AM

Quote from: asriloni on March 04, 2017, 10:34:02 AM

Quote from: deppil on March 04, 2017, 06:37:39 AM

Quote from: maister77777 on March 04, 2017, 04:24:59 AM

Quote from: dihari on March 04, 2017, 03:23:21 AM

To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.

This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.

it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice?

Yes it is, Because we are not know when the big red candle of the bitcoin will be happening in the future and i think this is very risky to buy a lot of bitcoin right now. Just watch the price and grab more with the low risk way.

I totally agree, the future of the bitcoin is still yet not clear, I mean for the next 10 years, is the bitcoin going to still be here, so it is not really wise to dump a lot of money into it, bitcoin is good only when it is at a high price otherwise you are wasting your money, so you need to buy smart when it comes to saving it.

There is a big question mark on the future of bitcoins as no one is clear what will happen to it in future so try to make profits from it till its alive instead of holding them too long so sell them when you are making profits and buy again when price drops.

Short term trading or selling your bitcoin now and buying from a price drop is capable for people who are active in the market and those people who likes to play the market in daily basis and they are called day traders. Even though we didn't know what will happen in the future, it is still better to hold it for long term because you or we already see the bitcoin price chart history from the start until now and it says all that long term is always a good idea.

Different people thinks differently, people who wants to make quick profits will never prefer to hold them for a long term as they will miss an opportunity of making profits but people who treats bitcoins as a long term investment would not bother about short term pumps and dumps and they will prefer to hold them for a long time to make higher profits from it and to hold them for long term or not will depend on the mentality of a person as how he views bitcoin as a form of investment.

Sled

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Activity: 1680

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Bitcoin- in bullish time

Quote from: axorb on March 05, 2017, 11:47:09 AM

Quote from: PokerFace3 on March 05, 2017, 11:34:55 AM

Quote from: asriloni on March 04, 2017, 10:34:02 AM

Quote from: deppil on March 04, 2017, 06:37:39 AM

Quote from: maister77777 on March 04, 2017, 04:24:59 AM

Quote from: dihari on March 04, 2017, 03:23:21 AM

To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.

This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.

it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice?

Yes it is, Because we are not know when the big red candle of the bitcoin will be happening in the future and i think this is very risky to buy a lot of bitcoin right now. Just watch the price and grab more with the low risk way.

I totally agree, the future of the bitcoin is still yet not clear, I mean for the next 10 years, is the bitcoin going to still be here, so it is not really wise to dump a lot of money into it, bitcoin is good only when it is at a high price otherwise you are wasting your money, so you need to buy smart when it comes to saving it.

There is a big question mark on the future of bitcoins as no one is clear what will happen to it in future so try to make profits from it till its alive instead of holding them too long so sell them when you are making profits and buy again when price drops.

Short term trading or selling your bitcoin now and buying from a price drop is capable for people who are active in the market and those people who likes to play the market in daily basis and they are called day traders. Even though we didn't know what will happen in the future, it is still better to hold it for long term because you or we already see the bitcoin price chart history from the start until now and it says all that long term is always a good idea.

Topic: Is it better to save money or invest it? - page 263. (Read 1181208 times)