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Topic: Is it better to save money or invest it? - page 320. (Read 1181228 times)

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 17, 2016, 12:42:36 AM
Saving your bitcoin in your bitcoin wallet is like investing, Because price of Bitcoin goes up and down . Still i have Bitcoin save in my Bitcoin wallet and i also have investment on gambling site. What i am going to do with my saved bitcoin is exchange it later on when i know i will get profit.
you're right that's what im doing right now saving all my bitcoin because in the next 2 years i know 1bitcoin will hit 1k usd . but if his ttalking about saving money in actual using fiat system. much better if he invest it on bitcoin so it grows up accross the bitcoins grow too. he also can search about bitcoins graph so he will not hesitate to invest in bitcoin .
It's really good to be positive in the future, that will lead us to success and since bitcoin is very progressive right now as we can see it the price is increasing again, there's a good chance of having some kind of good profit in the future if we remain committed to save and hold for the next 2 years or in the future.
hero member
Activity: 2170
Merit: 530
November 16, 2016, 11:37:12 PM
Saving your bitcoin in your bitcoin wallet is like investing, Because price of Bitcoin goes up and down . Still i have Bitcoin save in my Bitcoin wallet and i also have investment on gambling site. What i am going to do with my saved bitcoin is exchange it later on when i know i will get profit.
you're right that's what im doing right now saving all my bitcoin because in the next 2 years i know 1bitcoin will hit 1k usd . but if his ttalking about saving money in actual using fiat system. much better if he invest it on bitcoin so it grows up accross the bitcoins grow too. he also can search about bitcoins graph so he will not hesitate to invest in bitcoin .
hero member
Activity: 1134
Merit: 502
November 16, 2016, 09:29:19 PM
Saving your bitcoin in your bitcoin wallet is like investing, Because price of Bitcoin goes up and down . Still i have Bitcoin save in my Bitcoin wallet and i also have investment on gambling site. What i am going to do with my saved bitcoin is exchange it later on when i know i will get profit.
full member
Activity: 196
Merit: 100
November 16, 2016, 02:01:47 PM
my money is constantly working. I do not have stocks that are simply stored. I have all their savings are invested in different projects. Except for the amount that I need for operating costs
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 16, 2016, 09:55:14 AM
I think saving your money in bitcoin is an investment and if you save you money in bank is also investment and if you are planning to save then you are planning to invest too in short saving and investment is the same.

For me. I didn't consider my deposit on bank as investment. My main objective is just to save when i deposit and not to have a profit. The interest ia very minimal so it is not considerable as an investment. Investment is putting tour money in line with the presence of riak on losing it. In short it involves gambling. So there is a little bit difference between the two.

I tend to agree with you that investment has something in common with gambling since you can't predict the outcome with the same degree of certainty that a deposit in a bank provides. But keeping money in the bank at a minimal interest is allowing inflation to gradually take away the purchasing power of you money. If you just want to save your money (and its purchasing power), government bonds seem to be the right tool for you. They are as risky as your national currency itself since they are issued by the same entity (i.e. government)...

But the interest on them is typically higher than the level of the currency depreciation, though not by much
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
November 16, 2016, 09:51:40 AM
  Does anyone believes to open a savings account in a bank where they will pay him an interest on his savings is a good and secured investment? Say that the bank can pay him an interest rate eg 5% a year on his money, if inflation is around 7%, his investment loses 2% per year. Saving and investing are often used interchangeably, but they are completely different. 

  In my opinion not all eggs in one basket. A good strategy would be: 50% of our capital to savings, 30% -35% in low risk investment and 15% in high-risk investments

  But this not the point. The crucial question is the investor decision about the risk he wish to take and what he considers as a savings and what as investment. Savings in bank notes? Definitely yes if you live in an advanced country with a strong economy. If you live in a small country where the currency is inflationary then gold is a secure investment. Cryptocurrencies like as bitcoin I believe is a good investment but it depends on the price that someone bought it unless he was smart to buy or mine years ago and prudent to hold it and not trade it with paper money. Long-term investments such as market shares of large multinationals and land market. Short-term market as medium and high risk shares. So I would like to ask; What kind of investment is trading between cryptocurrencies?
hero member
Activity: 742
Merit: 500
November 16, 2016, 08:51:04 AM
I think saving your money in bitcoin is an investment and if you save you money in bank is also investment and if you are planning to save then you are planning to invest too in short saving and investment is the same.

For me. I didn't consider my deposit on bank as investment. My main objective is just to save when i deposit and not to have a profit. The interest ia very minimal so it is not considerable as an investment. Investment is putting tour money in line with the presence of riak on losing it. In short it involves gambling. So there is a little bit difference between the two.
hero member
Activity: 714
Merit: 531
November 16, 2016, 08:25:50 AM
I think saving your money in bitcoin is an investment and if you save you money in bank is also investment and if you are planning to save then you are planning to invest too in short saving and investment is the same.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 16, 2016, 08:11:05 AM
I understand that I am doing wrong, but I invested all my savings to cryptocurrency. I do this in order to quickly multiply my capital
There's nothing wrong with what you did, it is just right to invest if you aim to multiply your money. As long as you were able to do your job which is to make a good study before investing then you are just fine, you will earn or lose but you have to accept whatever the result.
full member
Activity: 158
Merit: 100
November 16, 2016, 06:28:03 AM
I understand that I am doing wrong, but I invested all my savings to cryptocurrency. I do this in order to quickly multiply my capital
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 16, 2016, 02:45:39 AM
That's true. If you're looking to gain your money you have to invest it and work for it.. it's risky and need to focus on.. saving money let only make your money sleep in a bank and nothing happens they may some interests but not too much as compared to investing it.

i think saving money in a bank is not good idea because the interest its really small depend on the fee administration and we can not expecting to get much of profit with this

While I generally agree that bank deposits can hardly beat inflation, not even speaking of getting decent profits. Nevertheless, not all animals are born equal. Many banks allow to open a multicurrency account within which you can freely convert between the currencies that this account was opened in. Indeed, the currency spreads are wide and usually start with 1% (the smallest I've seen), but, on the other hand, you don't pay any fees for conversion and even get some interest on the amounts held in this account at the end of the day...

Basically, you have a sort of a spot currency exchange like Forex in your bank but without typical risks associated with it
jr. member
Activity: 59
Merit: 10
November 15, 2016, 10:02:22 PM
Choose the right investment, not all all investment is worthy. Yeah you can earn profit in a fast way but there's the other side to lost it fast also, it is just like gambling... After investing from yesterday I realize that it is better if I just save it.

They are not all worth is but you have to choose the right one and also of course have some luck when you pick one because you never know what can happen.
hero member
Activity: 756
Merit: 501
November 15, 2016, 04:47:48 PM
The problem is that there are great project to invest, casinos bankrolls are one of them with an amazing returns of 5-20% monthly from your investment, but there is always a risk. For other side saving with bitcoin will only be good if the price raises, and its something that we cant be sure it will be always this way, it changes too much up and down.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 15, 2016, 04:37:35 PM
Personally, I like investing money as if I don't, I get a feeling that my Bitcoins are just lying in my wallet not doing anything. I only invest it at places where to the loss margin is slim to none and that it is a very reputable site.

Simply holding your coins in your offline wallet is the safest possible form of investing. It's not that your coins aren't doing anything. It's just a feeling or a thought in your head that you should get rid of. Did you forget about the recent price increase? People bring themselves in unneeded dangerous positions when they look for ways to invest their coins. Just out of curiosity, what places with minimal risks do you invest in?
Yes holding is very safe but some people don't want safety they want to maximize their earnings and for that investing their coin in different business opportunities is the way to go.

Holding doesn't guarantees us the profits in future as price can even fall down in long run so in that case holding will not give us profits as per our expectations and it will waste our time too, so better choice is to invest them in hot altcoins and try to collect quick profits at regular intervals.
Not a single investment can guarantee any profits 100% of the time and even if an investment made that promise you should run away from it since it is very likely that is a scam of some sort.
hero member
Activity: 2464
Merit: 594
November 15, 2016, 08:02:51 AM
Choose the right investment, not all all investment is worthy. Yeah you can earn profit in a fast way but there's the other side to lost it fast also, it is just like gambling... After investing from yesterday I realize that it is better if I just save it.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 15, 2016, 06:42:10 AM
We need to clarify things a bit, Isn't it better to Invest your money im to something? Because while investing you both save your money and earn from it? And also isn't it better than saving your money in the bank? As your money is devalued by inflation overtime, rather than earn from it's little interest? Of course Investing is the better choice among the two. I would rather take the risk in order for my money to work for me.
investment is better, because it can give you an advantage but store also is important, because without a good plan to save then perhaps you will be difficult to become rich
i think investing your money in bitcoin is more good than store it, as if you are going to store your money for a long time its value will decrease, but if you will invest it in bitcoin and if the price of bitcoin goes up then the value of your money can aslo increase.
Investing in bitcoin is always good that saving alone, the money you save will be subject for inflation, however if you will invest your bitcoins will not grow but its value will grow as the demand of bitcoin is increasing and the longer you hold the more you earn profit.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 15, 2016, 06:22:49 AM
Investing smartly. Tbh the best way is to split your money, say 30% in something very safe, 30% in something moderately safe, and say 30% on something reasonably risky.

First of all, it depends upon the amount of money which you have in hand. If you are having only a very small amount of money with you, then it makes no sense to further divide it.
hero member
Activity: 532
Merit: 500
November 15, 2016, 05:41:59 AM
We need to clarify things a bit, Isn't it better to Invest your money im to something? Because while investing you both save your money and earn from it? And also isn't it better than saving your money in the bank? As your money is devalued by inflation overtime, rather than earn from it's little interest? Of course Investing is the better choice among the two. I would rather take the risk in order for my money to work for me.
investment is better, because it can give you an advantage but store also is important, because without a good plan to save then perhaps you will be difficult to become rich
i think investing your money in bitcoin is more good than store it, as if you are going to store your money for a long time its value will decrease, but if you will invest it in bitcoin and if the price of bitcoin goes up then the value of your money can aslo increase.
sr. member
Activity: 476
Merit: 250
November 15, 2016, 01:33:51 AM
Investing smartly. Tbh the best way is to split your money, say 30% in something very safe, 30% in something moderately safe, and say 30% on something reasonably risky.
everyone has different strategies for investing, probably a pretty good plan to divide the money, but I think it would be good if you also have a plan to manage finances
sr. member
Activity: 323
Merit: 250
November 15, 2016, 01:17:25 AM
I would say, investment would be the best choice. But make sure that your investment gives the best results in the near future.To current best choice for investment gold and Bitcoins. And the savings will not provide many results.
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