Is it better to save money or invest it? - page 307.

MFahad

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Quote from: salmanahmedone on December 09, 2016, 11:31:37 PM

Quote from: rajasumi3 on December 09, 2016, 04:34:13 AM

Yes .i think its better to save money rather than investing it because its risky and
u might end up loosing all ur money and u might be bankrupt .

Yes, investing money is very risky yet when you have it correctly then you can earn big enough and more than what you give or invest. There is a trade off. Investment can be risky but can pay you more than just saving.

Right because just saving money will not make your money grow yet will make your money value decrease. You need to do something rather than save it idle.

Rostadom

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Quote from: Harlot on December 09, 2016, 09:21:36 AM

Quote from: ice098 on December 09, 2016, 09:08:31 AM

It would be better if you are going to save it in the bank rather than to invest it online because investing it on some HYIP sites have a risk like gambling. HYIP sites always run after many people invested in their sites, that is why it is hard to invest your money online because you might get scam. Saving it on the bank is more legit compare in your other last two choices.

For me I disagree with what you have said. I have to say sitting your money in a bank will make your money put into wast if you did not put it in any form of incestment. Bitcoin on the other hand is best to be put into your wallet rather to put it into any kind of investment scheme that is in the online. Usually its a vice versa because it is easier to take Bitcoin compared to money.

Any kind of investment scheme online? So basically according to your post you're supporting ponzi sites/hyip sites. Is that correct? If cryptodevil sees your post, you surely would have a negative trust on your account. Investment schemes online are just scams and nothing else. Why don't you learn how to make your own business instead and then invest your money in your own business? Why would you even trust a random guy on the internet to make your money grow? That just proves that you lack confidence in your skills.

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Quote from: carlisle1 on December 10, 2016, 12:07:57 AM

Quote from: Text on December 09, 2016, 02:17:31 AM

Quote from: carlisle1 on December 09, 2016, 12:02:35 AM

well you can do both saving and investing with bitcoin you just need to convert your money into bitcoin and just hold . because bitcoin itself is also investment nowadays where you can save you money while getting profit because of the mostly price increase .

That's right, the price of bitcoin at this moment is already high. I don't need to invest my coins in other websites because holding it is already investing for me. Whenever I need money, I just convert it to my fiat and request a cash-out.

however you can also grow your bitcoin by doing alt coin trading so you can make more bitcoin and more profit from bitcoin while the price increase is approaching and after you have successfully made a profit from alt coin trading your money will be possibly grown or maybe it will be doubled . by the way we have the same situation I am also doing the same thing you do whenever I need money .

Altcoin trading or whatever you call it is still trading and in trading it's a gamble since there's no guarantee that can grow your money. Taking the risk is the thing there, if you are a risk taker then trading is good for you, actually it's good to learn how to trade because the success rate is very enticing especially when you are focus with the asset/s you are trading.

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Quote from: Text on December 09, 2016, 02:17:31 AM

Quote from: carlisle1 on December 09, 2016, 12:02:35 AM

well you can do both saving and investing with bitcoin you just need to convert your money into bitcoin and just hold . because bitcoin itself is also investment nowadays where you can save you money while getting profit because of the mostly price increase .

That's right, the price of bitcoin at this moment is already high. I don't need to invest my coins in other websites because holding it is already investing for me. Whenever I need money, I just convert it to my fiat and request a cash-out.

however you can also grow your bitcoin by doing alt coin trading so you can make more bitcoin and more profit from bitcoin while the price increase is approaching and after you have successfully made a profit from alt coin trading your money will be possibly grown or maybe it will be doubled . by the way we have the same situation I am also doing the same thing you do whenever I need money .

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Quote from: salmanahmedone on December 09, 2016, 11:31:37 PM

Quote from: rajasumi3 on December 09, 2016, 04:34:13 AM

Yes .i think its better to save money rather than investing it because its risky and
u might end up loosing all ur money and u might be bankrupt .

Yes, investing money is very risky yet when you have it correctly then you can earn big enough and more than what you give or invest. There is a trade off. Investment can be risky but can pay you more than just saving.

It's risky but we have to take the risk to realize our dreams to have a comfortable life in the future. We do save for our future but that is not enough to live a comfortable life and to achieve financial success, our fiat is subject to inflation and we are not growing it wisely, of course as an investor it is necessary that we have the knowledge on what we are doing or else just let others manage it like putting in a mutual funds.

salmanahmedone

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Quote from: rajasumi3 on December 09, 2016, 04:34:13 AM

Yes .i think its better to save money rather than investing it because its risky and
u might end up loosing all ur money and u might be bankrupt .

Yes, investing money is very risky yet when you have it correctly then you can earn big enough and more than what you give or invest. There is a trade off. Investment can be risky but can pay you more than just saving.

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Quote from: South Park on December 09, 2016, 12:54:24 PM

Quote from: ice098 on December 09, 2016, 09:08:31 AM

It would be better if you are going to save it in the bank rather than to invest it online because investing it on some HYIP sites have a risk like gambling. HYIP sites always run after many people invested in their sites, that is why it is hard to invest your money online because you might get scam. Saving it on the bank is more legit compare in your other last two choices.

The problem with your example is that neither gambling in casinos or HYIP are examples of investment at all, if you gamble in a casino you should do it to get fun and that is it and HYIP are scams all of them, so it is obvious if you compare those two to having your money in a bank then having your money in a bank looks good, but if you just kept some money in bitcoin for the last months you could have seen very high profits.

I think there is other choices in gambling you can invest in their offers like in betting that there is actually reviews from someone in gambling section that can gives you profit than you gamble your money and have fun or lose it all in gambling it is one of the good choice but be wise to choose..
Saving in bitcoin is a one of the good choice too..

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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?

It is better to invest it online though it very risky if so, but then if you got it a shot then you will gonna be rich, just be very careful if that is so.

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I would rather save but at this time of year it is very difficult due to the holiday season of giving coming up so very soon.
So wouldn't be able to save anything until the new year. Lips sealed

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Quote from: ice098 on December 09, 2016, 09:08:31 AM

It would be better if you are going to save it in the bank rather than to invest it online because investing it on some HYIP sites have a risk like gambling. HYIP sites always run after many people invested in their sites, that is why it is hard to invest your money online because you might get scam. Saving it on the bank is more legit compare in your other last two choices.

The problem with your example is that neither gambling in casinos or HYIP are examples of investment at all, if you gamble in a casino you should do it to get fun and that is it and HYIP are scams all of them, so it is obvious if you compare those two to having your money in a bank then having your money in a bank looks good, but if you just kept some money in bitcoin for the last months you could have seen very high profits.

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Quote from: Rinder on December 09, 2016, 12:21:26 PM

Investing into hyip isnt an investment at all, its more a donation then anything else, even with some people being able to roi and take a few extra coins, in the general, the result its a lost. If you dont know any trusted place to invest, you can start your own project or just let the coins waiting a better price.

I do not trust all sorts of suspicious projects that promise great profit. Savings is better to invest in projects with less robust profitability. It's better than risking money or lose them

Rinder

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Investing into hyip isnt an investment at all, its more a donation then anything else, even with some people being able to roi and take a few extra coins, in the general, the result its a lost. If you dont know any trusted place to invest, you can start your own project or just let the coins waiting a better price.

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Quote from: virasog on December 08, 2016, 07:01:09 AM

Quote from: PeRo on December 08, 2016, 06:26:40 AM

I would choose investing money in something rather than saving it. Although every savings are kind of investments, I would rather invest in Bitcoin or gold. But both are good things to do and both have a good profit but have risks, too.

Yeah, it is right, because only hold the money, it is not a way to earn money and gain profit, So better is that choose that way, where you can earn profit from your money, And now a days, too many ways are here, where we can invest our money and earn from it, If we are talking about bitcoin, So bitcoin is best way to invest wise and also saving wise, But about bitcoin my opinion will be different, i choose only save the bitcoin, and wait for price increasing.

But what if you made a wrong decision and instead of earning you ended up loosing it ? I think anything that has chance of giving you gains also has chances of giving you a loss, so basically you are like gambling which is risky.
While with holding you are certain that you cannot loose and hence with each price rise you will earn.

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Quote from: X-ray on December 08, 2016, 07:14:11 AM

Every savings is not kind of investment but it depend on where you're saving and how. if you're saving your money in your piggy bank then you will not going to get any daily interests out of it but if you're saving on a real bank you will get it.
Though saving and investing is basically same thing but different purpose

Agree. It all depends on what would you achieve with your savings, in order to maintain a good financial life. If you decide to save it on a bank, to earn interest, then you can expect to have good returns in a couple of years. This type of saving, can be seen as an investment, since you would maximize your returns in a few years.

In my opinion, it is best to save and invest your money at the same time, in order to increase your capital as time goes by. By applying a good strategy, you can build your path towards wealth. Just sharing my thoughts. Grin

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Quote from: Harlot on December 09, 2016, 09:21:36 AM

Quote from: ice098 on December 09, 2016, 09:08:31 AM

It would be better if you are going to save it in the bank rather than to invest it online because investing it on some HYIP sites have a risk like gambling. HYIP sites always run after many people invested in their sites, that is why it is hard to invest your money online because you might get scam. Saving it on the bank is more legit compare in your other last two choices.

For me I disagree with what you have said. I have to say sitting your money in a bank will make your money put into wast if you did not put it in any form of incestment. Bitcoin on the other hand is best to be put into your wallet rather to put it into any kind of investment scheme that is in the online. Usually its a vice versa because it is easier to take Bitcoin compared to money.

Yes. That is certaily correct. I agree with you that it would be better if put money in bank, investing in hyip is so risky, but, if you want you can invest thru trading. There are lot of things that you can put your money, you can put it in trading that is so profitable compare to bank. If you just secure it in bank you are just like putting money in your coin bank.

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Quote from: ice098 on December 09, 2016, 09:08:31 AM

It would be better if you are going to save it in the bank rather than to invest it online because investing it on some HYIP sites have a risk like gambling. HYIP sites always run after many people invested in their sites, that is why it is hard to invest your money online because you might get scam. Saving it on the bank is more legit compare in your other last two choices.

For me I disagree with what you have said. I have to say sitting your money in a bank will make your money put into wast if you did not put it in any form of incestment. Bitcoin on the other hand is best to be put into your wallet rather to put it into any kind of investment scheme that is in the online. Usually its a vice versa because it is easier to take Bitcoin compared to money.

ice098

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It would be better if you are going to save it in the bank rather than to invest it online because investing it on some HYIP sites have a risk like gambling. HYIP sites always run after many people invested in their sites, that is why it is hard to invest your money online because you might get scam. Saving it on the bank is more legit compare in your other last two choices.

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Quote from: marcuslong on December 08, 2016, 08:49:13 AM

Saving actually works for me hell yes it's christmas season i need to save money for my upcomming birthday and also for new year's eve everyone want to celebrate their new year full of happines, Investment is not good for this month why? It's christmas there are lots of fake site there.

Well, actually then your case differs here mate since you are saying that you prefer spending rather than investing that's fine but we here are discussing if you would prefer investing or holding suppose you have no coming expenses, I would personally choose holding since investing has given me loss overall sorry to say ( with altcoins I have been in loss )

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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 think it is better you keep your money in the bank. because when agan storing them in online or investment will be much of a problem as I've ever experienced previously when using paypal. that made me shift to using bitcoin

brian_23452

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money is no body friends if not use in the right way,if money is to be save for some reason is better is no use saving money when there are return at the end of the day,but its wise to invest money where there can be more line of income investment is safe.

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