Is it better to save money or invest it? - page 324.

erikmatik

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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?

Better invest it than let it sleep in the bank. If u invest it it will have the chance to earn, much more than the interest a savings account does. It just comes down to how or what to invest.

mirakal

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Quote from: Text on November 11, 2016, 10:20:31 PM

Yeah, before you invest you should save first. Choose the option that you will be comfortable with. In investing you need the capabilities required for that kind if business. I agree, it is safer to save and wait for the price increase to make profits but it takes time so you need patience.

Having a job is a good start, you can save your salary at least a portion of it then invest it in business you might think. Also, you have to consider online investment as well as there are lots of profit here if you can find some investment that you think you can success.

Text

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Yeah, before you invest you should save first. Choose the option that you will be comfortable with. In investing you need the capabilities required for that kind if business. I agree, it is safer to save and wait for the price increase to make profits but it takes time so you need patience.

Positid

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Quote from: erickkyut on November 11, 2016, 09:44:40 PM

For me, it is better to invest your money rather than to save it. If you will save it in the banks, you will only earn 1% or less interest per annum on your savings. If you will invest it, your money can become double or triple in a year. But of course, there are risks when investing. You might lose all of your money if you are not careful enough on what investments you will do. You just need to conduct and thorough research and feasibility studies before investing to find out if your investment will be profitable or not.

I wouldn't say that it is better to save or invest because for me, they are just both good type of investments and since we are in bitcoin. So, while you are saving bitcoins you are also investing at the same time. And this is much better in the way of getting profit because you just need to wait for the price to increase and you will get an instant income.

Well, if you can do both then very good but if you do not have the capacity to invest you must focus first on savings. You can always do it as everyone should learn how to save first before going to some kind of investment, it's a training ground for you to instill discipline upon you and for you to have a bigger chance of success.

erickkyut

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For me, it is better to invest your money rather than to save it. If you will save it in the banks, you will only earn 1% or less interest per annum on your savings. If you will invest it, your money can become double or triple in a year. But of course, there are risks when investing. You might lose all of your money if you are not careful enough on what investments you will do. You just need to conduct and thorough research and feasibility studies before investing to find out if your investment will be profitable or not.

Finestream

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Quote from: Colt22 on November 11, 2016, 06:56:21 PM

Quote from: Sponsoredby15 on November 11, 2016, 12:17:17 AM

For me i believe that money is really important to people who really need it badly and they are really taking care of there money and if there not going to take care of there money then they can really lose money in investment. Investment is not a solution for a problem money you will lose money there better to save money.

It is true that investment is risk but if no one will take this risk then what will happen to the world as it is that risk due to which we are seeing that businesses around the world and because of these businesses he world is developing and is going to advancement so we have to take this risk to invest.

Definitely that's the idea, we need to take the risk because we all want to have a comfortable life in the future, that's how to get the amount of money we dream of. It's takes money to make money... Grin

You will remain in the rat race if you will just rely on your job and let people benefit from your skills while you are receiving less.

Colt22

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Quote from: Sponsoredby15 on November 11, 2016, 12:17:17 AM

For me i believe that money is really important to people who really need it badly and they are really taking care of there money and if there not going to take care of there money then they can really lose money in investment. Investment is not a solution for a problem money you will lose money there better to save money.

It is true that investment is risk but if no one will take this risk then what will happen to the world as it is that risk due to which we are seeing that businesses around the world and because of these businesses he world is developing and is going to advancement so we have to take this risk to invest.

MTBTT

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Quote from: TriggerX on November 11, 2016, 04:29:34 AM

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.

if you think that your bitcoin is not very helpful when you're just hold it, then it would be better if you try to grow it, I'm sure it would be more helpful and of course you will get more bitcoin right ?

jovs

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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?

Better to invest it in bitcoin as bitcoin price increases.

uname

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Quote from: Sponsoredby15 on November 11, 2016, 12:17:17 AM

For me i believe that money is really important to people who really need it badly and they are really taking care of there money and if there not going to take care of there money then they can really lose money in investment. Investment is not a solution for a problem money you will lose money there better to save money.

all investments have risks and if you do not have too much money would be better if you choose to keep all the income and do not approach something like a risky investment?

richardsNY

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Quote from: TriggerX on November 11, 2016, 04:29:34 AM

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?

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Quote from: rizkyhiw on November 10, 2016, 06:18:38 PM

Quote from: South Park on November 10, 2016, 04:12:37 PM

Quote from: apriloni on November 09, 2016, 09:08:14 PM

i think bitcoin is very safe and secure currency so you can invest your money in huge amount in bitcoin without any worry and you see the bitcoin price is going too much higher day by day.

If you have the money for it, then I think is better to diversify your investments even if bitcoin is such a great money maker you never know what may happen, so invest in other stuff like gold, real state, yourself.

if you are a big risk taker then go allin to invest in bitcoin
although it's not recommended at all , but for a risk taker it's should be what they looking for
no risk no profit , saving money looks there no risk
but actually there is , imho instead to take a little risk , better to go bigger .

Well, big bets with big risks can pay out handsomely but the reason it is not recommended is that everyone expects to win, no one invest in something and hopes to lose his money, so if someone does that, that person must prepare himself for the possibility of losing a significant portion of his investment.

arseaboy

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Quote from: mirakal on November 11, 2016, 03:05:38 AM

Quote from: Techie5879 on November 11, 2016, 01:35:55 AM

I think saving might be a better option, after analysing the politics in different countries and the current value of BTC. I think the value of BTC might even go to $800-$830 in the next year and it might increase a lot during the halving. But these are estimates, as you all know. The value of BTC might fall anytime, its best to buy then, as it is 89% guaranteed that the price will increase gradually again or the price might even take a leap if you are lucky.

It's good to be positive despite the fact that there are some crisis going on in some countries, bitcoin is not affected with some crisis going on as I believe we are a strong economy and we have people from different countries who will dictate the price to rise.

And don't be get too frustrated if bitcoin price will get low.. investing takes a lot of patience and you can't invest overtime.. it may take days, months or even years to make a profit. It's a good attitude for you if you're really positive and believing that you will make a good profit from your bitcoins.

Text

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Quote from: TriggerX on November 11, 2016, 04:29:34 AM

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.

That's a good idea, then you must be a risk taker. Nothing will happen if you let only your coins stored in your wallet and will not grow, you will miss to make profit that investment can give you. It is very important indeed that you know where your coins will be put in.

TriggerX

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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.

mirakal

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Quote from: Techie5879 on November 11, 2016, 01:35:55 AM

I think saving might be a better option, after analysing the politics in different countries and the current value of BTC. I think the value of BTC might even go to $800-$830 in the next year and it might increase a lot during the halving. But these are estimates, as you all know. The value of BTC might fall anytime, its best to buy then, as it is 89% guaranteed that the price will increase gradually again or the price might even take a leap if you are lucky.

It's good to be positive despite the fact that there are some crisis going on in some countries, bitcoin is not affected with some crisis going on as I believe we are a strong economy and we have people from different countries who will dictate the price to rise.

Techie5879

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I think saving might be a better option, after analysing the politics in different countries and the current value of BTC. I think the value of BTC might even go to $800-$830 in the next year and it might increase a lot during the halving. But these are estimates, as you all know. The value of BTC might fall anytime, its best to buy then, as it is 89% guaranteed that the price will increase gradually again or the price might even take a leap if you are lucky.

Bitcoin0916

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Quote from: goldcoinminer on November 11, 2016, 12:18:59 AM

Quote from: Maslate on November 10, 2016, 10:18:18 PM

Quote from: Harlot on November 10, 2016, 10:13:55 PM

Quote from: BitHodler on November 10, 2016, 08:52:51 AM

Quote from: Invulner on November 10, 2016, 01:41:02 AM

I think it is definitely wiser to invest it. If you just hold your savings, then you still have a risk of say, a bank run, or the currency itself depreciating in value. You can however hedge against that with smart investment choices. This is why investors, but not savers, are the richest people in the world. Also, investing means that you are helping other people to get their projects started. It's a win-win situation, if you pick the right investments to aim at.

Investing is always the better option since with saving alone you won't come anywhere with interest rates being on an all time low. On top of that you also face the issue of fiat losing value.

But you have to know where to invest. If you look at how people here seem to invest, then I can't really call it investing since it has more similarities with gambling.

Aside from that, the majority of the people don't really care whether their investment in a certain project or start-up helps them our or not. They just care about the potential returns.

Yes fiat currency tends to lose their value because of inflation and that is why even if banks have interest it tends to be eaten up by Inflation because the Inflation Rate is greater than the Interest of a bank saving account. Meanwhile in Investing they not only defeat the Inflation Rate but it also gives you a chance to be a rich person because saving your money in an Investment can really pay off big in the long term mind set.

Investing is risky but it will give you a higher rewards, think of that always and investing is only for people who are willing to take the risk in making money. If you do not belong to the group, just save your money until it lessen it's value.

Save only for emergencies but invest if you aim a comfortable life in the future.

Investing requires you to be a risk taker, you do not need to put all your money as you can only do it slowly. Hope only that you can manage your self very well in investing and do not think that you can be rich overnight, if you think like gambling is what you need.

Start as saving then investing will follow.

The best step to avoid risk is investing. With the increasing users of the bitcoin, I heartily recommend to immediately buy bitcoin as you want. Don't waiting any more time because its price will increase steadily. Buy now and you will calculate profits next month more than 5% and more than 30% next year.

goldcoinminer

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Quote from: Maslate on November 10, 2016, 10:18:18 PM

Quote from: Harlot on November 10, 2016, 10:13:55 PM

Quote from: BitHodler on November 10, 2016, 08:52:51 AM

Quote from: Invulner on November 10, 2016, 01:41:02 AM

I think it is definitely wiser to invest it. If you just hold your savings, then you still have a risk of say, a bank run, or the currency itself depreciating in value. You can however hedge against that with smart investment choices. This is why investors, but not savers, are the richest people in the world. Also, investing means that you are helping other people to get their projects started. It's a win-win situation, if you pick the right investments to aim at.

Investing is always the better option since with saving alone you won't come anywhere with interest rates being on an all time low. On top of that you also face the issue of fiat losing value.

But you have to know where to invest. If you look at how people here seem to invest, then I can't really call it investing since it has more similarities with gambling.

Aside from that, the majority of the people don't really care whether their investment in a certain project or start-up helps them our or not. They just care about the potential returns.

Yes fiat currency tends to lose their value because of inflation and that is why even if banks have interest it tends to be eaten up by Inflation because the Inflation Rate is greater than the Interest of a bank saving account. Meanwhile in Investing they not only defeat the Inflation Rate but it also gives you a chance to be a rich person because saving your money in an Investment can really pay off big in the long term mind set.

Investing is risky but it will give you a higher rewards, think of that always and investing is only for people who are willing to take the risk in making money. If you do not belong to the group, just save your money until it lessen it's value.

Save only for emergencies but invest if you aim a comfortable life in the future.

Investing requires you to be a risk taker, you do not need to put all your money as you can only do it slowly. Hope only that you can manage your self very well in investing and do not think that you can be rich overnight, if you think like gambling is what you need.

Start as saving then investing will follow.

Sponsoredby15

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For me i believe that money is really important to people who really need it badly and they are really taking care of there money and if there not going to take care of there money then they can really lose money in investment. Investment is not a solution for a problem money you will lose money there better to save money.

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