Is it better to save money or invest it? - page 264.

axorb

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Quote from: PokerFace3 on March 05, 2017, 10:34:55 AM

Quote from: asriloni on March 04, 2017, 09:34:02 AM

Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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.

numismatist

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Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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.

The colors can appear slightly faded if another one comes around telling you he'd bought some for <200$ in the valley between these $700.
Because that makes you think if 200 had been possible once, why not another time again?

PokerFace3

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Quote from: asriloni on March 04, 2017, 09:34:02 AM

Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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.

Pattart

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Quote from: Gemniet on March 04, 2017, 06:28:29 AM

Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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?

I think buying some bitcoins with a small number of fiat is not risky.

I think it's risky or not depends on to be willing to be patient or not if you do not want to be patient when investing in bitcoin. it invests in bitcoin will become a scourge for you because the price is very likely to go down.

Mirconome

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Quote from: TheUltraElite on March 05, 2017, 04:35:51 AM

Quote from: asriloni on March 04, 2017, 09:34:02 AM

Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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 think current price of bitcoin is very high and not worth buying much at the moment. Most traders have I think sold away their holdings and booked profits. However keep an eye out for dips in price, it will happen in due course before resuming the uphill climb. That is when we must buy more.

Also try increasing your stock of bitcoin by trading altcoin and then converting them to bitcoin as and when required. That way you wont have to worry about bitcoin price but the altcoin price only.

In a sense, you are right and your reasoning is very important. But only bitcoin price still plays a role even in the exchange with altcoin. But perhaps I doubt it because of the shortage of information.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: asriloni on March 04, 2017, 09:34:02 AM

Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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 think current price of bitcoin is very high and not worth buying much at the moment. Most traders have I think sold away their holdings and booked profits. However keep an eye out for dips in price, it will happen in due course before resuming the uphill climb. That is when we must buy more.

Also try increasing your stock of bitcoin by trading altcoin and then converting them to bitcoin as and when required. That way you wont have to worry about bitcoin price but the altcoin price only.

Vaskiy

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Quote from: asriloni on March 04, 2017, 09:34:02 AM

Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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.

Buying more is good, though the price looks to be simply high. One of the better way to be on the safe side is to have a alternate plan. If things don't work you need to move with the alternate plan even if it is creating small loss. Possibly none gets loss unlike the price of bitcoin.

delliaerd

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Quote from: DoublerHunter on March 04, 2017, 08:09:48 AM

Quote from: Cherylstar86 on March 04, 2017, 06:41:26 AM

These were better options to have, so if you are planning to have an investment the important thing to have is money. For you to have that for your investment plans, is you must save your money coming from a source of income from a profitable job that gives you enough money to save for that business you are dreaming of. It can be online business or in trading of altcoins which is also a part of bitcoin alternatives.

That is right before you do anything like investment then you need to make sure that you have money to invest then if you don't have then saving is one of the option that you need to do to get in touch of investing. Saving money from your source of income is the best to get money. Do sidelines like trading and also signature campaign which can give you enough money to invest.

I agree with that, we need to save money before make an investment. money is power, so the more money we have the more the profit that we will get from the investment. Other important things before investing is the knowledge and experience that has been obtained. if we want to invest our BTC in trading, then we must learn how to be a true trader. we may not get profit when trading in vain, we must have a trading system, financial management, an indicator for trading and trading strategies.

MMA

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Quote from: Cherylstar86 on March 04, 2017, 06:41:26 AM

These were better options to have, so if you are planning to have an investment the important thing to have is money. For you to have that for your investment plans, is you must save your money coming from a source of income from a profitable job that gives you enough money to save for that business you are dreaming of. It can be online business or in trading of altcoins which is also a part of bitcoin alternatives.

yes that is right that investment must be in such a profitable job from where we can get a good amount of income. in fact trading alt coin is a good way of increasing bitcoin. even if a person do not have such a good amount of bitcoin even then he has the opportunity to make money because there are some good potential alt coins from which one can make a good amount of money because their price is expecting to increase more and more.

asriloni

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Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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.

DoublerHunter

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Quote from: Cherylstar86 on March 04, 2017, 06:41:26 AM

These were better options to have, so if you are planning to have an investment the important thing to have is money. For you to have that for your investment plans, is you must save your money coming from a source of income from a profitable job that gives you enough money to save for that business you are dreaming of. It can be online business or in trading of altcoins which is also a part of bitcoin alternatives.

That is right before you do anything like investment then you need to make sure that you have money to invest then if you don't have then saving is one of the option that you need to do to get in touch of investing. Saving money from your source of income is the best to get money. Do sidelines like trading and also signature campaign which can give you enough money to invest.

Cherylstar86

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These were better options to have, so if you are planning to have an investment the important thing to have is money. For you to have that for your investment plans, is you must save your money coming from a source of income from a profitable job that gives you enough money to save for that business you are dreaming of. It can be online business or in trading of altcoins which is also a part of bitcoin alternatives.

Gemniet

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Quote from: deppil on March 04, 2017, 05:37:39 AM

Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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?

I think buying some bitcoins with a small number of fiat is not risky.

deppil

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Quote from: maister77777 on March 04, 2017, 03:24:59 AM

Quote from: dihari on March 04, 2017, 02:23:21 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?

TheUltraElite

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Activity: 2898

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So anyway, I applied as a merit source :)

Quote from: jhannlenris on March 04, 2017, 02:12:01 AM

Saving money is not a good idea than investing it. You can't grow your funds for simply saving your money, instead invest it for good result. Try the bitcoin trading thats the most effective way to invest.

If you invest all your money then you wont have anything to spend for daily needs and emergencies. That is why saving is also important. Allot 5 to 10% of earnings to saving and the rest to investment.

Otherwise you will run out of money (liquid cash) when you need it. Investments will grow on their own but you must have the cash at your disposal for immediate needs and that is why we must do both in a meticulous way.

maister77777

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Quote from: dihari on March 04, 2017, 02:23:21 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.

Natalim

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BTC to the MOON in 2019

Quote from: dihari on March 04, 2017, 02:23:21 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.

Your friend did a great job of speculating the right price of bitcoin, and that's what you get if you believe in the future of bitcoin, people who have patience to hold and buy in the past are now enjoying a great profit. I hope you were influence by your friend too so you both are enjoying now.
Honestly, it's easy to say stuff like that after the event and now that we see it's a profit, but the real challenge for us is to decide to buy in the actual situation.

dihari

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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.

jhannlenris

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Saving money is not a good idea than investing it. You can't grow your funds for simply saving your money, instead invest it for good result. Try the bitcoin trading thats the most effective way to invest.

choppork

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Quote from: AT-N-T101 on March 02, 2017, 03:03:29 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, 11:19:00 AM

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.

Topic: Is it better to save money or invest it? - page 264. (Read 1181228 times)