Author

Topic: Is it better to save money or invest it? - page 315. (Read 1181228 times)

hero member
Activity: 490
Merit: 500
November 24, 2016, 09:54:29 PM
I would say it is better to save because you never know when this ride will end.
I have experienced it with some alt coins and they die so quickly that you need to move on.
But bitcoin seems to the one that will always be there in the end.
My investments in the alt trading life made me more aware of saving instead of spending.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
November 24, 2016, 09:52:14 PM
One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

Definitely agree with you mate. Those who don't have good capital, take necessary precautions by minimizing risks among different investments, while the wealthy people usually put their money on one investment because they don't have nothing to lose.

As for good management of your finances, try to spend less than what you earn, and always look for ways to increase your income, in order to have a well established capital and be able to have control over your financial life for years to come. Just my opinion.  Grin

This is a good thought mate.. investing money doesn't really take overnight.. sometimes it may take days or years before you can make a profit out from it. People like me who is not that rich also not taking too much risks when it comes to investing just want to make at least a little money to make savings.
I think is the other way around people use their savings in order to invest and get profits out of it, they don't use investment as a way to get savings.

Both ways, investing from your savings or saving from your investments, they are both effective. What matters is, which one do you have? do you have savings and want to invest or do you have investment and want to save. But for young people and starting out their life, they are into savings first and use it to invest. But if you are from a rich family and have an investment, you do it the other way around. But anyway, when it comes to profit, I prefer investment than saving my money.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 24, 2016, 03:03:06 PM
One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

Definitely agree with you mate. Those who don't have good capital, take necessary precautions by minimizing risks among different investments, while the wealthy people usually put their money on one investment because they don't have nothing to lose.

As for good management of your finances, try to spend less than what you earn, and always look for ways to increase your income, in order to have a well established capital and be able to have control over your financial life for years to come. Just my opinion.  Grin

This is a good thought mate.. investing money doesn't really take overnight.. sometimes it may take days or years before you can make a profit out from it. People like me who is not that rich also not taking too much risks when it comes to investing just want to make at least a little money to make savings.
I think is the other way around people use their savings in order to invest and get profits out of it, they don't use investment as a way to get savings.
legendary
Activity: 1218
Merit: 1000
November 24, 2016, 01:08:47 PM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business
Yes I am also in favour of investment, to me If you are going to invest your money in bitcoin it is more save than depositing in banks, investing your fiat in bitcoin can give you double benefit, as it is a safe investment therefore your money is safe here and the second is that if the price of bitcoin is going up it will give you a good profit.
investment always gives us the advantage very much, besides, the investment has a lower risk than other businesses on the Internet. however, requires a lot of money to make your profits into many investments. but I prefer to invest than on gambling in developing business
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 24, 2016, 12:57:05 PM
I believe in not putting your eggs in one basket so in this case, I would save some money let's say in a bank and then allot some portion of my money for investment like Bitcoin, stocks and if I am learned enough maybe even forex and commodities as well as do some trading along the way...in other words be a multi-faceted money manager.
That's basic is investing, every investor should put in mind to not be too confident and will not put that in one basket only.

Every person knows that already, this is most time written line on this forum ever. Don`t put your money into one basket. Some of us have a problem to find one good place for stashing money, how to find two good places? That is very hard, people talk about this baskets, but nobody says where to stock up with that

Because they simply don't know themselves

And they don't know either that true diversification is not about (refraining from) putting all your eggs into one basket, since true diversification is primarily concerned with maximizing profits, not with minimizing risks. If you want to really minimize your risks, get rid of your eggs altogether. If you don't know what you are going to do with them, don't buy them in the first place. In other words, you can safely forget what Harry Markowitz might have told you about portfolio management
hero member
Activity: 588
Merit: 500
November 24, 2016, 05:55:31 AM
I believe in not putting your eggs in one basket so in this case, I would save some money let's say in a bank and then allot some portion of my money for investment like Bitcoin, stocks and if I am learned enough maybe even forex and commodities as well as do some trading along the way...in other words be a multi-faceted money manager.
That's basic is investing, every investor should put in mind to not be too confident and will not put that in one basket only.

   Every person knows that already, this is most time written line on this forum ever. Don`t put your money into one basket. Some of us have a problem to find one good place for stashing money, how to find two good places? That is very hard, people talk about this baskets, but nobody says where to stock up with that.
   The world of finance can be extremely intimidating if you ask me, more money you have, more money you risk, I think fear is higher. I`m afraid to invest 10 milibitcoins cause I worked hard for them. To invest you need to be brave and to know how and where. I`m for saving, that is much better thing to do if you ask me.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 24, 2016, 05:47:16 AM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business
Yes I am also in favour of investment, to me If you are going to invest your money in bitcoin it is more save than depositing in banks, investing your fiat in bitcoin can give you double benefit, as it is a safe investment therefore your money is safe here and the second is that if the price of bitcoin is going up it will give you a good profit.
Sadly, only us who adopted with bitcoin will understand that concept, for some people they trust bank so much as it's regulated by the government and it has insurance which will make their money safe. Our money is safe from stealing in the bank but it will always be subject to inflation if we opt not to invest.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
November 24, 2016, 05:34:50 AM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business
Yes I am also in favour of investment, to me If you are going to invest your money in bitcoin it is more save than depositing in banks, investing your fiat in bitcoin can give you double benefit, as it is a safe investment therefore your money is safe here and the second is that if the price of bitcoin is going up it will give you a good profit.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 24, 2016, 01:25:07 AM
I believe in not putting your eggs in one basket so in this case, I would save some money let's say in a bank and then allot some portion of my money for investment like Bitcoin, stocks and if I am learned enough maybe even forex and commodities as well as do some trading along the way...in other words be a multi-faceted money manager.
That's basic is investing, every investor should put in mind to not be too confident and will not put that in one basket only.
hero member
Activity: 490
Merit: 501
November 23, 2016, 11:48:53 PM
I believe in not putting your eggs in one basket so in this case, I would save some money let's say in a bank and then allot some portion of my money for investment like Bitcoin, stocks and if I am learned enough maybe even forex and commodities as well as do some trading along the way...in other words be a multi-faceted money manager.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
November 23, 2016, 10:42:33 PM
investment in gold,real estate is much more better than saving money in the bank because it allows your investment to appreciates in value during boom period or when the price of the gold rises
No. It's not. Savings and investing are both good because it's recommended to do that. By saving you can raise a good amount of capital so you will not mess up your investment plan, we should start in savings and the rest will follow. Believe me, I have been in the situation.
sr. member
Activity: 343
Merit: 250
November 23, 2016, 07:40:44 PM
investment in gold,real estate is much more better than saving money in the bank because it allows your investment to appreciates in value during boom period or when the price of the gold rises
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
November 23, 2016, 06:06:27 PM
For me is better always to reserve our money and save it for the future and i will keep my money away from gambling or investment i will do trading even i lose some bit because in trading you can wait till the price of the bitcoin or alternative  will increase again and this is good in trading you don't need to lose.
it would be better if you keep and grow the (investment) course with a good plan that you can become rich by that plan, save any income and leave little to increase investment,

Aiming for your investments to be rich will give you encouragement but that will also give you an headache when you are failing with your trades. I guess you just do it the usual way, just like sponsoredby said, he is saving for his future which is necessarily all of us must do and do some investments with trading and holding of bitcoin.
sr. member
Activity: 434
Merit: 250
November 23, 2016, 05:51:23 PM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business
I think you should not invest all the money in Bitcoins. But this year, in fact, is an important year for the currency.

There have been several factors helping the price this year. First we had the halving, whose effect continues to be priced in. And recently we have seen countries like China and India increasing the demand for Bitcoin.
Now, I believe that everything will depend on the segwit activation, so that Bitcoin finishes the year in the best possible way.

Never put all your eggs in the same basket...

Bitcoin isn't something without risks, just put 50% and invest the rest in others things, much more safe, at least you will still have something in your pocket if something goes wrong.
hero member
Activity: 938
Merit: 500
November 23, 2016, 05:44:55 PM
Some people does risk their bitcoins as they see some good opportunity, casinos bankrolls has a huge interest and its one of the mains places were bitcoin are being spent and used, besides that people does expose their bitcoin into exchanges, where all play against the pump and dump and speculations. Savings has turned the best investment on the last year atleast, even we not being able to say what might happen at bitcoin, one thing is sure bitcoin has huge potencial to grow.
hero member
Activity: 490
Merit: 500
November 23, 2016, 05:39:21 PM
For me is better always to reserve our money and save it for the future and i will keep my money away from gambling or investment i will do trading even i lose some bit because in trading you can wait till the price of the bitcoin or alternative  will increase again and this is good in trading you don't need to lose.
it would be better if you keep and grow the (investment) course with a good plan that you can become rich by that plan, save any income and leave little to increase investment,
hero member
Activity: 756
Merit: 520
November 23, 2016, 05:06:48 PM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business

Yeah. Investing will give us profit instead of just keeping it. There are lots of legit investment you can choose whether active or passive. If you want an active investment you can choose trading. It requires deep knowledge about the movement of market price of the coin and you need to watch the price from time to time if you are a short trader or weekly if long term trader. There is risk of loosing money if the price has sudden drop. Please watch out for that. Active trading can earn 20%-50%-100% or ever 200 or 300% depending on how active the market is. Now let's go to passive investment. I think inveting on online casino gambling is best since gambling sites has low percentage of loosing. Although the profit is not that high as active investment . The thing is even you are not online or checking from time to time. your capital is generating profit as it should.

These are all common law in the investment, if we can figure out a good investment with then we will get a good feedback anyway and vice versa. So all of this depends on how we make an investment, there have been many cases where there are people who make investments but instead became victims of fraud because they could not see the investment in the right way
full member
Activity: 224
Merit: 100
November 23, 2016, 04:36:38 PM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business

Yeah. Investing will give us profit instead of just keeping it. There are lots of legit investment you can choose whether active or passive. If you want an active investment you can choose trading. It requires deep knowledge about the movement of market price of the coin and you need to watch the price from time to time if you are a short trader or weekly if long term trader. There is risk of loosing money if the price has sudden drop. Please watch out for that. Active trading can earn 20%-50%-100% or ever 200 or 300% depending on how active the market is. Now let's go to passive investment. I think inveting on online casino gambling is best since gambling sites has low percentage of loosing. Although the profit is not that high as active investment . The thing is even you are not online or checking from time to time. your capital is generating profit as it should.
member
Activity: 104
Merit: 10
The Dutch Crypto Trader
November 23, 2016, 01:01:48 PM
Always invest and reinvest until you find your passive income.
hero member
Activity: 490
Merit: 500
November 23, 2016, 12:56:30 PM
This time is perfect to invest all the money, or most of the money you have in the form of bitcoin. Well, many people are predicting that the price increase at the end of the year bitcoin so is high, so it might be very good if you invest the money you have into bitcoin. I'm sure it will make a profit, and if that does not happen, then you may have to play trading to refund the money you have or build another business
I think you should not invest all the money in Bitcoins. But this year, in fact, is an important year for the currency.

There have been several factors helping the price this year. First we had the halving, whose effect continues to be priced in. And recently we have seen countries like China and India increasing the demand for Bitcoin.
Now, I believe that everything will depend on the segwit activation, so that Bitcoin finishes the year in the best possible way.
Jump to: