Is it better to save money or invest it? - page 276.

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Quote from: delliaerd on February 11, 2017, 08:05:48 PM

Quote from: NEWGOODOUBLE on February 11, 2017, 07:10:30 PM

Quote from: xorlogic on February 11, 2017, 10:57:34 AM

Most ideal scenario is to acquire Bitcoins, when price rises enough you can then take a part and invest into the Decentralized Ecosystem and grow with it.

bitcoin very profitable investment, if you have a lot of money will be in suggest you invest in bitcoin because it can provide a nice extra income. but do not forget to save

Yes, do not forget to save some bitcoin, but do not save the most of our wealth in fiat, Fiat condition is inversely related to bitcoin conditions, the value of a bitcoin increases every time but the value of fiat decrease each time. If we have saved bitcoin, it would be better if we grow bitcoin we have by way of trading. Although only save bitcoin is very nice but if we can get more revenue why not?

Splitting is always good. I have half of my funds in savings and the other half in investments.
THis way even if my investments turn our a big failure, i always have a plan b in my savings account. Because trading how experienced you are is always risky.

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Quote from: delliaerd on February 11, 2017, 08:05:48 PM

Quote from: NEWGOODOUBLE on February 11, 2017, 07:10:30 PM

Quote from: xorlogic on February 11, 2017, 10:57:34 AM

Most ideal scenario is to acquire Bitcoins, when price rises enough you can then take a part and invest into the Decentralized Ecosystem and grow with it.

bitcoin very profitable investment, if you have a lot of money will be in suggest you invest in bitcoin because it can provide a nice extra income. but do not forget to save

Yes, do not forget to save some bitcoin, but do not save the most of our wealth in fiat, Fiat condition is inversely related to bitcoin conditions, the value of a bitcoin increases every time but the value of fiat decrease each time. If we have saved bitcoin, it would be better if we grow bitcoin we have by way of trading. Although only save bitcoin is very nice but if we can get more revenue why not?

Yes it is a very good advice to save bitcoin because there is a high opportunity that it's value will increase in the future but i don't agree that the value of fiat decreases each time. The value of each currency is very volatile. It has it's ups and downs. If it is low today, it might be high tomorrow.

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Quote from: NEWGOODOUBLE on February 11, 2017, 07:10:30 PM

Quote from: xorlogic on February 11, 2017, 10:57:34 AM

Most ideal scenario is to acquire Bitcoins, when price rises enough you can then take a part and invest into the Decentralized Ecosystem and grow with it.

bitcoin very profitable investment, if you have a lot of money will be in suggest you invest in bitcoin because it can provide a nice extra income. but do not forget to save

Yes, do not forget to save some bitcoin, but do not save the most of our wealth in fiat, Fiat condition is inversely related to bitcoin conditions, the value of a bitcoin increases every time but the value of fiat decrease each time. If we have saved bitcoin, it would be better if we grow bitcoin we have by way of trading. Although only save bitcoin is very nice but if we can get more revenue why not?

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Quote from: Tradescoinz on February 10, 2017, 04:35:55 PM

Its always better to invest your money!
Scared money is no money.

It does depends on what you are investing in offcourse. If you have no good feeling or security then sit back and enjoy the bitcoin ride. My plan was always to keep my btc investment to 50% of my wealth and with this strategy I can take a hit if BTC fails.

You can also do that, if you want to keep your profit and of course you already get your profit. Trading is also an investment for throwing your money to altcoin and wait until the price is up then sell it.

Invest on what you feel you can succeed, altcoin is risky that bitcoin but it offers greater reward as it can pump anytime and your investment might take you to the moon, if you know what I'm saying. Some altcoins are just created to scam investors as well, so be careful and equip yourselves with full knowledge before jumping in.

although investment is risky no doubt about this but i think it is only way to increase your money. if you are saving your money it is not increasing and will remain the same even after years, while investing your money you can earn a good amount of money from your invested amount, even you have also a chance to make it double in a short period of time. therefore investment is better than saving.

For a risk taker and want to get high profit, investment is a right choice but for a safe one would be better to think again before invest your money.

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Quote from: xorlogic on February 11, 2017, 10:57:34 AM

Most ideal scenario is to acquire Bitcoins, when price rises enough you can then take a part and invest into the Decentralized Ecosystem and grow with it.

bitcoin very profitable investment, if you have a lot of money will be in suggest you invest in bitcoin because it can provide a nice extra income. but do not forget to save

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Quote from: TribalBob on February 11, 2017, 10:52:29 AM

I would prefer to invest my majority of money in different products instead of investing in a single product where there is a risk of loosing everything at once if that particular product fails in future and its always good to diversify your investments in order to reduce the risks for the future so even if one product fails you can recover your losses from another one.

yes it is good to keep a little amount of your money as saving. but investment is the best option to increase your money. i think trading alt coin is the the best option. if person do not have good amount of money he even can do trading because there are so may cheap coins and one can buy a good amount of such coin by investing a little amount of money and can get a good profit from it. bitcoin give so many other opportunities also like gambling, lending money and so more from which one can make good profit.

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I suggest you to read Robert Kiyosaki's Rich Dad Poor Dad. Actives are more important than passives.

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

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

If the only consideration is as an investment (you don't have an emotional attachment to owning a house) it is probably better to put your money in the stock market.

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Quote from: Victorycoin on February 11, 2017, 11:16:07 AM

Quote from: TribalBob on February 11, 2017, 10:52:29 AM

I would prefer to invest my majority of money in different products instead of investing in a single product where there is a risk of loosing everything at once if that particular product fails in future and its always good to diversify your investments in order to reduce the risks for the future so even if one product fails you can recover your losses from another one.

That is of course, the rule of the thumb - never put all your eggs in one basket. It is saver and often more profitable when investments are broken down and spread across many products, but that is not to say diversification makes all investments equal. Some investment opportunities offers better prospects in terms of security and ROI, etc and those are deserving of higher priority.

Diversifying your money and spreading out on many investments would really be a good move and same as you said priority would really matter since not all investments are equal because there are investment which is really good and could give potential good profits thats why we need to take the opportunity.

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Quote from: TribalBob on February 11, 2017, 10:52:29 AM

I would prefer to invest my majority of money in different products instead of investing in a single product where there is a risk of loosing everything at once if that particular product fails in future and its always good to diversify your investments in order to reduce the risks for the future so even if one product fails you can recover your losses from another one.

That is of course, the rule of the thumb - never put all your eggs in one basket. It is saver and often more profitable when investments are broken down and spread across many products, but that is not to say diversification makes all investments equal. Some investment opportunities offers better prospects in terms of security and ROI, etc and those are deserving of higher priority.

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Most ideal scenario is to acquire Bitcoins, when price rises enough you can then take a part and invest into the Decentralized Ecosystem and grow with it.

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Quote from: Victorycoin on February 11, 2017, 10:48:38 AM

Quote from: LeGaulois on February 08, 2017, 08:39:03 PM

Saving money can also be seen as investing. When you save money you speculate, you save money in the hope the value will incrase and so you make a profit like this. When saving money, your bank give you an interest annually,ok i admit it is low but it is still in interest profit. It is also an investment, no matter if the profit is small

In all honesty, saving money with banks can hardly become a true investment because whatever peanut the Shylock banks ends up dishing out to depositors is immediately e

Of course, but for me saving in bank is good if you have plenty of income. For example you have your own business or you have a stable job, then saving your income to a bank is a good idea. Just don't forget to add investment here in bitcoin, you save also here so in the future you can see the difference.

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I would prefer to invest my majority of money in different products instead of investing in a single product where there is a risk of loosing everything at once if that particular product fails in future and its always good to diversify your investments in order to reduce the risks for the future so even if one product fails you can recover your losses from another one.

Victorycoin

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Quote from: LeGaulois on February 08, 2017, 08:39:03 PM

Saving money can also be seen as investing. When you save money you speculate, you save money in the hope the value will incrase and so you make a profit like this. When saving money, your bank give you an interest annually,ok i admit it is low but it is still in interest profit. It is also an investment, no matter if the profit is small

In all honesty, saving money with banks can hardly become a true investment because whatever peanut the Shylock banks ends up dishing out to depositors is immediately eaten up by inflation. The possibility to have savings turn to an investment can only arise with such instruments as Bitcoin. One of the main highlights of Bitcoin is actually the fact that it doubles as an investment vehicle as well as a store of value.

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Quote from: kidoseagle0312 on February 11, 2017, 08:23:20 AM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

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

I would choose Save bitcoin rather than money in the bank, because the interest a bit small only while in bitcoin not. Moreover, I also like to invest online like this in cryptocurrency. Because its very trendinginternationally, especially there are several legit altcoins in crypto that has a promising project which is continually in progress. so better in it in the ICO coins.

Sorry to pop your bubble but there's not that much altcoins that is continually progressing these days. ICOs are now just a way for people get a good amount of money for such short period of time. You're too late to invest in ETH, ICN, and other altcoins that really have progress. People dump all of their coins once they profited most of the time so don't expect that the incoming altcoin projects would be progressive.

I wouldn't say that cryptocurrencies are "trending" internationally. Take a look at twitter, bitcoin might not even be trending in one country, let alone worldwide. There would be so much change if cryptocurrency has become the new trend. People follow all the trend.

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Quote from: kidoseagle0312 on February 11, 2017, 08:23:20 AM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

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

I would choose Save bitcoin rather than money in the bank, because the interest a bit small only while in bitcoin not. Moreover, I also like to invest online like this in cryptocurrency. Because its very trendinginternationally, especially there are several legit altcoins in crypto that has a promising project which is continually in progress. so better in it in the ICO coins.

Agreed that saving money in bitcoins is far better option then saving it in the banks where you will get interest in peanuts and it will not grow your money, whereas bitcoin price can go beyond our imagination in future so if we have saved enough amount of bitcoins in our wallet then we can get some profitable results in future.

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

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

I would choose Save bitcoin rather than money in the bank, because the interest a bit small only while in bitcoin not. Moreover, I also like to invest online like this in cryptocurrency. Because its very trendinginternationally, especially there are several legit altcoins in crypto that has a promising project which is continually in progress. so better in it in the ICO coins.

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I believe you can better invest something to get good results than hold it for your own and lose. Money is always rolling, but it's important the knowledge to choose the right investments..

It depends, not all the time, investments are good, and you are ready to invest, sometimes people lose money in investment because they are not ready , in short, they just heard that they could earn... With that said, you are not sure that the investment will be going well in the future, so better save it... Investment is only for those who have strong heart and ready to take the risk and ready to accept just in case they fail...

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Quote from: phaddie on February 11, 2017, 06:33:03 AM

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Quote from: ChronoLite on February 10, 2017, 09:29:09 PM

Quote from: Zaun on February 10, 2017, 07:01:38 PM

Quote from: Tradescoinz on February 10, 2017, 04:35:55 PM

Its always better to invest your money!
Scared money is no money.

It does depends on what you are investing in offcourse. If you have no good feeling or security then sit back and enjoy the bitcoin ride. My plan was always to keep my btc investment to 50% of my wealth and with this strategy I can take a hit if BTC fails.

You can also do that, if you want to keep your profit and of course you already get your profit. Trading is also an investment for throwing your money to altcoin and wait until the price is up then sell it.

Invest on what you feel you can succeed, altcoin is risky that bitcoin but it offers greater reward as it can pump anytime and your investment might take you to the moon, if you know what I'm saying. Some altcoins are just created to scam investors as well, so be careful and equip yourselves with full knowledge before jumping in.

although investment is risky no doubt about this but i think it is only way to increase your money. if you are saving your money it is not increasing and will remain the same even after years, while investing your money you can earn a good amount of money from your invested amount, even you have also a chance to make it double in a short period of time. therefore investment is better than saving.

That is why passive income is one of the best, you earn money without doing too much or doing nothing at all.
investing is just another form of saving that increase your money with a risk involve.

There is no doubt that investments are risky nowadays especially the online investments but if you want to grow your money in long run then you need to take that extra risk of investing, and saving money will take care of your needs at the time of emergencies so I think both are important for an individual.

That is right. Both are important since you can't invest if you don't have saved money. So also for me, it is best if we do both. Just invest what you can afford to loose and save money for in case of emergency so you are prepared for the bad scenarios that may happen.

Savings is primary and investing is secondary as you cannot invest money unless you have not saved enough money, so once you reached to descent level of savings then you can put some money out of it in different investments where it will help you in growing your money over a period of time.

Yes you are right. These two things are interrelated. If there is no money, then of course you will have nothing to invest. to start investment activities need to save some money

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