Is it better to save money or invest it? - page 359.

Zooplus

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Quote from: shane on September 30, 2016, 11:20:39 PM

Quote from: Mr.grin on September 30, 2016, 09:01:53 PM

for now keep bitcoin that you collect. Many are saying that soon the price of bitcoin will rise, probably in the new year. if you sell now maybe you'll be sorry. better use them to grow your business so that you can produce a bitcoin is more than the previous ones. Well, this time I also was trying to do that, although it looks very difficult

holding bitcoin can't make you bitcoin growing, you just earning some value at holding bitcoin, i think growing our bitcoin with trading is the best solution.

Well, I think that is already understood, when we are holding our bitcoin for a long time of course it will not grow but what matters to us is the value of our bitcoins, it could either appreciate or depreciate but we are hoping for the positive result.

shane

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Quote from: Mr.grin on September 30, 2016, 09:01:53 PM

for now keep bitcoin that you collect. Many are saying that soon the price of bitcoin will rise, probably in the new year. if you sell now maybe you'll be sorry. better use them to grow your business so that you can produce a bitcoin is more than the previous ones. Well, this time I also was trying to do that, although it looks very difficult

holding bitcoin can't make you bitcoin growing, you just earning some value at holding bitcoin, i think growing our bitcoin with trading is the best solution.

goldcoinminer

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Quote from: Mr.grin on September 30, 2016, 09:01:53 PM

for now keep bitcoin that you collect. Many are saying that soon the price of bitcoin will rise, probably in the new year. if you sell now maybe you'll be sorry. better use them to grow your business so that you can produce a bitcoin is more than the previous ones. Well, this time I also was trying to do that, although it looks very difficult

While we have a chance to collect now then we should, do not let things that temp you affect your decision making, we should have a goal and that goal is to save for our future, when we save enough that is the time to invest and the good thing with bitcoin is you can do the same saving and investing.

Mr.grin

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for now keep bitcoin that you collect. Many are saying that soon the price of bitcoin will rise, probably in the new year. if you sell now maybe you'll be sorry. better use them to grow your business so that you can produce a bitcoin is more than the previous ones. Well, this time I also was trying to do that, although it looks very difficult

23dzmaz

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For me, it's better to invest my money than save my money. Because if you have much money but not use it, it's kinda like waste your chance to grow your money. Invest will be a good choice to do that.

uname

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Quote from: Newcoins2020 on September 30, 2016, 04:59:48 PM

Its better to now save up your money and later on invest when the price is lower, it will maybe be a task but after all it will be worth the patience.
Just hold your breath a couple months and wait on a good buy price.

I think both are a good thing and should be done, but if you already have a fixed income better prioritize to save, because it will be more important

Milkduds

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Starting to see stronger signs in real estate turning into a correction and when that comes people will have homes worth less but paying a price that no longer exists. So exploit other people not having a fail safe is the true way to make money,have money when others do not. Meaning save some,investing now may be foolish depending on what it is you are jumping into.

Newcoins2020

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Its better to now save up your money and later on invest when the price is lower, it will maybe be a task but after all it will be worth the patience.
Just hold your breath a couple months and wait on a good buy price.

SquallLeonhart

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Quote from: arseaboy on September 30, 2016, 03:38:31 PM

Quote from: Kvazimoda on September 30, 2016, 10:21:00 AM

Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like

yes correct instead of allowing banks to earned from your money allow yourself to explore buy some assets that can make some earnings since you are in crypto buy bitcoin or known good alt coin so after holding it for quite some time you will earn from it.

Yes saving in banks is no more profitable as interest paid by them is too low and won't help you in future, to make our money work of us we need to invest it in potential investments from where can expect good returns.

arseaboy

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Quote from: Kvazimoda on September 30, 2016, 10:21:00 AM

Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like

yes correct instead of allowing banks to earned from your money allow yourself to explore buy some assets that can make some earnings since you are in crypto buy bitcoin or known good alt coin so after holding it for quite some time you will earn from it.

terman45x

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Quote from: Aamir1 on September 30, 2016, 12:54:25 PM

Quote from: Kvazimoda on September 30, 2016, 10:21:00 AM

Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like

If someone wants his money to be more secure then he should buy gold with it that would make it more secure, and if someone thinks he can take risks and he wants profits then he should invest in bitcoin because bitcoins grows in value more than gold while gold is more secure.

Investing in gold and bitcoins is the best choice at a moment, as bitcoin will give quick profits on regular intervals and gold will take care of us in long term giving descent profits.

Aamir1

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Quote from: Kvazimoda on September 30, 2016, 10:21:00 AM

Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like

If someone wants his money to be more secure then he should buy gold with it that would make it more secure, and if someone thinks he can take risks and he wants profits then he should invest in bitcoin because bitcoins grows in value more than gold while gold is more secure.

Spirit2016

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Only Once you will have the necessary knowledge and understanding of the different financial instruments, how they work, expected returns and risks, can move on to practice.

Kvazimoda

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Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like

Noctis Connor

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Invest your money then if you can make profit then save atleast 5% off your earnings right this could be much more great idea than you gonna gamble your money and get nothing in the end for me invest while earning it is not to late to do some great things with bitcoins just believe on your self

passwordnow

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Quote from: Bitcoinbro on September 30, 2016, 03:23:07 AM

My decision between saving and investing is to invest. Investing in a safe investment is essentially saving but then while making money.
Bitcoin itself is a good investment to pump money in, when money has been pumped in and prices go high then you get alot of profit from it.

Investing is my choice too because when have source of income then for sure we are going to focus more with it so that our investment is going to keep on getting profit because that is the one that gives us source. And upon getting profit we also need to have some savings so that while our investment is still strong we are able to have another type of investment in the future with the help of your savings.

Mastsetad

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Quote from: martinacar on September 29, 2016, 03:54:18 AM

None of the options is better than the other it all depends what you like to do it's your own decision. Save money is more save but investing it makes you more money with slight risks and headaches. So pick your poison.

But someone wont be able to save anything if he is not earning something extra, i mean if you are working and getting a salary which only completes the needs of yours for a month but nothing remains for saving, in that case you will probably have to do some investments somewhere to generate some extra income so that you can save something as well.

Bitcoinbro

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My decision between saving and investing is to invest. Investing in a safe investment is essentially saving but then while making money.
Bitcoin itself is a good investment to pump money in, when money has been pumped in and prices go high then you get alot of profit from it.

WEBcreator

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Quote from: avikz on September 30, 2016, 12:21:55 AM

Just to give you an example, I have accumulated most of my bitcoin holdings, when it was at 450 and now the price is 605 USD, so I am already obtained 50% profit.

Thats considering that the price actually increase however if it is not then you should be bitting your hands right now thinking why you are not selling it when the price hit the all time high. An investment should be those that actually give some steady increment of profit to your investment

avikz

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Holding bitcoin is also an investment in its own. So don't bother yourself by investing your bitcoin to some third party website as they might scam you.

But if you hold your bitcoin in some secret place and hold it for some years, then it will definitely give you some good returns which any conventional investment won't be able to give you.

Just to give you an example, I have accumulated most of my bitcoin holdings, when it was at 450 and now the price is 605 USD, so I am already obtained 50% profit.

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