Is it better to save money or invest it? - page 288.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Aamir1 on January 22, 2017, 03:26:55 AM

Quote from: onrise on January 21, 2017, 04:30:59 AM

Create a mix of both, saving this funds could be used for emergency. And invest other funds in different asset class which you understand and yields you good returns in longer term.

I like doing the same as well. When i have money that i know i don't need to spend then i just save a part of that and invest the other part in something that i know can earn me something later on and for me that thing is only alt coin trading which i know can be good for me.

It is important to save and invest parts of your income monthly or yearly. You can use the invested funds to generate more money. If you have you own business you would probably want to modify and develop on it so it can reap extra every year.

Again savings can help you in emergencies or in case you are in dire need to get extra cash. It does not necessarily mean a savings account.

Aamir1

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Quote from: onrise on January 21, 2017, 04:30:59 AM

Create a mix of both, saving this funds could be used for emergency. And invest other funds in different asset class which you understand and yields you good returns in longer term.

I like doing the same as well. When i have money that i know i don't need to spend then i just save a part of that and invest the other part in something that i know can earn me something later on and for me that thing is only alt coin trading which i know can be good for me.

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Quote from: Qunenin on January 21, 2017, 10:51:54 AM

Quote from: emezh10 on January 21, 2017, 09:20:47 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?

Save it in your bitcoin wallet is same as investing. Because we all know that year by year the bitcoin is growing and growing, So by saving your money in your butcoin wallet it will grow to. So I will suggest that if you will not or nothing to spend wth that money just save it in your bitcoin wallet and let it grow.

Yeah, only holding the bitcoins, it is better way than investment wise. Because in this way, our bitcoin would be save, and automatically price grow up and whenever, we like to sell them, No problem in it. Also in investment, we should give our bitcoin into other hands, where we have trust. So definitely on one like to give their money into strange hands.

Yeah you're kind of correct in this. If you've saved bitcoins early part last year in your wallet, you money would've more than doubled by the years end, compared to the very minimal growth when you've placed it in a bank. That's why its the same as investing if not better. Though of course, there's the risk of the price plunging but if you've observed btc's price movement, holding on to it and waiting for the right timing could very well give good earnings as investments

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Quote from: Qunenin on January 21, 2017, 10:51:54 AM

Quote from: emezh10 on January 21, 2017, 09:20:47 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?

Save it in your bitcoin wallet is same as investing. Because we all know that year by year the bitcoin is growing and growing, So by saving your money in your butcoin wallet it will grow to. So I will suggest that if you will not or nothing to spend wth that money just save it in your bitcoin wallet and let it grow.

Yeah, only holding the bitcoins, it is better way than investment wise. Because in this way, our bitcoin would be save, and automatically price grow up and whenever, we like to sell them, No problem in it. Also in investment, we should give our bitcoin into other hands, where we have trust. So definitely on one like to give their money into strange hands.

Saving bitcoin is really a good thing to do specially that you are making it for long term purposes but still it's important to make partition on your money that we should lend for investments in able to generate profit in shorter terms because we can't wait for too long specially when we do need money always.

Qunenin

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Quote from: emezh10 on January 21, 2017, 09:20:47 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?

Save it in your bitcoin wallet is same as investing. Because we all know that year by year the bitcoin is growing and growing, So by saving your money in your butcoin wallet it will grow to. So I will suggest that if you will not or nothing to spend wth that money just save it in your bitcoin wallet and let it grow.

Yeah, only holding the bitcoins, it is better way than investment wise. Because in this way, our bitcoin would be save, and automatically price grow up and whenever, we like to sell them, No problem in it. Also in investment, we should give our bitcoin into other hands, where we have trust. So definitely on one like to give their money into strange hands.

wildan88

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Quote from: emezh10 on January 21, 2017, 09:20:47 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?

Save it in your bitcoin wallet is same as investing. Because we all know that year by year the bitcoin is growing and growing, So by saving your money in your butcoin wallet it will grow to. So I will suggest that if you will not or nothing to spend wth that money just save it in your bitcoin wallet and let it grow.

well, this is an excellent choice and a safe. save money while investing. but you also have to buy bitcoin when prices are cheap, because if you buy at a high price that will certainly became losses, because bitcoin prices fluctuate.

emezh10

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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?

Save it in your bitcoin wallet is same as investing. Because we all know that year by year the bitcoin is growing and growing, So by saving your money in your butcoin wallet it will grow to. So I will suggest that if you will not or nothing to spend wth that money just save it in your bitcoin wallet and let it grow.

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Quote from: linyhan on January 20, 2017, 08:52:16 PM

No one is better both of them are the same. You cant pick which is better on these two. Both of them are key to a successful business and living. Much better if you add hardwork on those two.this will give you a better and nice living.

I believe that both of them are not the same but both of them are assisting each other so if a person will need some money for investment then he will save them and after completing the saving process he will invest to start the business. Picking them on right time is better otherwise there will be no benefit from them without planning.

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Quote from: deppil on January 21, 2017, 08:07:41 AM

Quote from: linyhan on January 20, 2017, 08:52:16 PM

No one is better both of them are the same. You cant pick which is better on these two. Both of them are key to a successful business and living. Much better if you add hardwork on those two.this will give you a better and nice living.

true I think both are equally needed. you can not leave one of them let alone leave the store. choose both very profitable.
so why do you choose one only? saving and investment when combined will give a very good result for your profits

Saving is the main thing you need to do, not all of us has the capacity to invest as investment is only coming for our spare money that we can afford to lose. For me, savings is necessary and we must enforce it.

jaberwock

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Almost all investments will require some starting money, so unless you inherit some money or someone give you them or you win in the lottery, you have no choice but save for some time at least.

Also you must have something in case your investment fails, too.

Of course at some time investing will be necessary because of the inflation, if you don`t invest and grow your money soon it will be worth nothing.

I don`t see invest and save as opposites that you must choose one, but two things you must do if you have any saving

deppil

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Quote from: linyhan on January 20, 2017, 08:52:16 PM

No one is better both of them are the same. You cant pick which is better on these two. Both of them are key to a successful business and living. Much better if you add hardwork on those two.this will give you a better and nice living.

true I think both are equally needed. you can not leave one of them let alone leave the store. choose both very profitable.
so why do you choose one only? saving and investment when combined will give a very good result for your profits

raven7886

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Quote from: onrise on January 21, 2017, 04:30:59 AM

Create a mix of both, saving this funds could be used for emergency. And invest other funds in different asset class which you understand and yields you good returns in longer term.

what do you mean by this funds and other funds? if this funds you mean bitcoin and other funds you mean the fiat than it is sensible enough. bitcoin worth to save more than to spend, but sometime you really get a lot of profit, just need to be wise and careful while investing.

onrise

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Create a mix of both, saving this funds could be used for emergency. And invest other funds in different asset class which you understand and yields you good returns in longer term.

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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?

When you save a money in the bank you are only and you cannot earn big in saving money cause you only save and you only wait for the value to increased. And in investing a money you could earn bigger than a saving. Because if the money you will function you could as much. So its better to invest than to save a money.

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Quote from: drwtsn32 on January 21, 2017, 02:11:38 AM

I prefer to save. Because saving is an investment itself. I don't let my money in my wallet to stay still. I always make sure that it is growing so I find ways to increase it. Either I put deposits from my salary when the price is right or do some little gamblings sometimes.

I don't get your point mate. You prefer to save? Then why you are finding ways to increase it and play also gambling? If you want to save money you must deposit it on your bank.

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Quote from: drwtsn32 on January 21, 2017, 02:11:38 AM

I prefer to save. Because saving is an investment itself. I don't let my money in my wallet to stay still. I always make sure that it is growing so I find ways to increase it. Either I put deposits from my salary when the price is right or do some little gamblings sometimes.

Bitcoin is for dual purpose but when you are saving it you are considered doing an investment, the value will increase or decrease depends on how the economy perform so there's a chance we can lose also. I suggest you have to divide your investment and savings, save fiat for your savings while keep bitcoins as your investment.

drwtsn32

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I prefer to save. Because saving is an investment itself. I don't let my money in my wallet to stay still. I always make sure that it is growing so I find ways to increase it. Either I put deposits from my salary when the price is right or do some little gamblings sometimes.

Ziskinberg

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Quote from: linyhan on January 20, 2017, 08:52:16 PM

No one is better both of them are the same. You cant pick which is better on these two. Both of them are key to a successful business and living. Much better if you add hardwork on those two.this will give you a better and nice living.

Both are better but not everyone can do it due to lack of income and irresponsible money management style. I believe if we really aim for future financial success, we have to sacrifice a bit and that is to learn how to save as that is the first process to be done before you will start to invest. Once you have started your journey in investment, you will know how tough the competition is but if you will mature, you will succeed.

hawkins

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Quote from: linyhan on January 20, 2017, 08:52:16 PM

No one is better both of them are the same. You cant pick which is better on these two. Both of them are key to a successful business and living. Much better if you add hardwork on those two.this will give you a better and nice living.

Well, in the end you have to choose one of them according to your expertise. maybe you can choose the best if you have tried both. but, I suggest to invest. has a lot of people are successful because of it, and I think it has been proven extensively. both of which require enormous patience.

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No one is better both of them are the same. You cant pick which is better on these two. Both of them are key to a successful business and living. Much better if you add hardwork on those two.this will give you a better and nice living.

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