Author

Topic: Is it better to save money or invest it? - page 362. (Read 1181226 times)

full member
Activity: 140
Merit: 100
September 27, 2016, 10:15:44 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
The equivalent of security, the bank's security is higher, there is no fear of hackers. However, the bank's yield is not high. Bitcoin is dangerous, you may suddenly lose all the money, there may be more. All, the higher the risk, the greater the income. Investment real estate better, but I do not have so much money. I would choose to spread the investment, for me, this is a good way
hero member
Activity: 3052
Merit: 606
September 27, 2016, 10:01:51 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time

You indeed need to do this otherwise you never will come far and you can than already give up now with it..
The bitcoin future is good I would save up money and wait on a longer price and than invest it.
We should do both but we give more emphasis on investing because that is the only way we can have a comfortable life in the future, with investing in bitcoin there is a big assurance that you will get the return of your investment in a faster way and you will just be earning passive income in the future.

I don't want to invest as of these days because I'm afraid of the unstable price of bitcoin so what I am going to do is just going to keep on saving my until I have collected a lot of money in my bank account. When I have it already then that is going to be the right time to think about what is going to be my next move.
You called that the price fluctuation and the unstable price of bitcoin is just normal in my eyes as we are in the early phase, the numbers of the adopters are not that big and there are whales who holds big volume of bitcoins, but if you are an investor you will look more on the future and the trend says we are increasing in value.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
September 27, 2016, 09:43:19 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time

You indeed need to do this otherwise you never will come far and you can than already give up now with it..
The bitcoin future is good I would save up money and wait on a longer price and than invest it.
We should do both but we give more emphasis on investing because that is the only way we can have a comfortable life in the future, with investing in bitcoin there is a big assurance that you will get the return of your investment in a faster way and you will just be earning passive income in the future.

I don't want to invest as of these days because I'm afraid of the unstable price of bitcoin so what I am going to do is just going to keep on saving my until I have collected a lot of money in my bank account. When I have it already then that is going to be the right time to think about what is going to be my next move.
legendary
Activity: 1106
Merit: 1000
September 27, 2016, 09:35:12 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time

You indeed need to do this otherwise you never will come far and you can than already give up now with it..
The bitcoin future is good I would save up money and wait on a longer price and than invest it.
We should do both but we give more emphasis on investing because that is the only way we can have a comfortable life in the future, with investing in bitcoin there is a big assurance that you will get the return of your investment in a faster way and you will just be earning passive income in the future.
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
September 27, 2016, 09:03:02 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time

You indeed need to do this otherwise you never will come far and you can than already give up now with it..
The bitcoin future is good I would save up money and wait on a longer price and than invest it.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
September 27, 2016, 08:41:40 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time

There are some people that are not taking the risk because they are scared to lose their bitcoin from investments. And upon to make an alternative into it is by saving.

So if you don't want to invest then you can just save and save until you are going to get good amount of bitcoins into your bitcoin wallet.

And upon saving bitcoins or holding when the price increases you are going to get profit the same thing with investments.
That's normal mate because not all people are willing to take the risk, some does not want to risk their money as maybe investing is not their interest or they do not have the capability to manage it well to make it successful.
hero member
Activity: 840
Merit: 501
Strength in Numbers
September 27, 2016, 07:26:17 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time

There are some people that are not taking the risk because they are scared to lose their bitcoin from investments. And upon to make an alternative into it is by saving.

So if you don't want to invest then you can just save and save until you are going to get good amount of bitcoins into your bitcoin wallet.

And upon saving bitcoins or holding when the price increases you are going to get profit the same thing with investments.
sr. member
Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 27, 2016, 07:02:33 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
you are right, most probably you would need to do both in order to make some decent money over time
legendary
Activity: 1274
Merit: 1000
September 27, 2016, 01:10:29 PM
Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.
hero member
Activity: 924
Merit: 1001
September 27, 2016, 01:03:32 PM
But the money in the bank is not 100% safe; will you feel safe if you gave your money to a stranger in the street that is known for making terrible money choices? No, then why do you feel safe with your money on a bank?

There is nothing safe in this world, either saving your money in bank or even saving your bitcoin in cold wallet . If you wish for something safe then there is no such thing exist . However some people still on the thoughts that keeping your money safe in the bank is the best thing you can do right now
Well, in that you are correct, but I think the main difference between a bank and bitcoin wallet is control, with your money in the bank you are relegating the control of your money to a third party, while with bitcoin you are in complete control of your coins.

That's true but even with bitcoin wallet you always have an fear of loosing them in hands of scammers or wallet gets corrupted and if you don't have backup, but if you loose your money in banks then they will take full responsibility.
There is nothing 100% safe, but the bitcoin wallet is very safe as long as you take the right precautions there is not to worry about, the two problems that you state can be solved by hardware wallet in cold storage and a backup.
I think its more safe to use electrum than other wallet or online wallet since i already experience some problem before in one of the company coinbase and xapo.. so i stop because of delay or pending and it takes week more before they solve..
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
September 27, 2016, 12:47:59 PM
But the money in the bank is not 100% safe; will you feel safe if you gave your money to a stranger in the street that is known for making terrible money choices? No, then why do you feel safe with your money on a bank?

There is nothing safe in this world, either saving your money in bank or even saving your bitcoin in cold wallet . If you wish for something safe then there is no such thing exist . However some people still on the thoughts that keeping your money safe in the bank is the best thing you can do right now
Well, in that you are correct, but I think the main difference between a bank and bitcoin wallet is control, with your money in the bank you are relegating the control of your money to a third party, while with bitcoin you are in complete control of your coins.

That's true but even with bitcoin wallet you always have an fear of loosing them in hands of scammers or wallet gets corrupted and if you don't have backup, but if you loose your money in banks then they will take full responsibility.
There is nothing 100% safe, but the bitcoin wallet is very safe as long as you take the right precautions there is not to worry about, the two problems that you state can be solved by hardware wallet in cold storage and a backup.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
September 27, 2016, 02:03:22 AM
I think the price is still cheap IMO . So , it is your right time to buy your bitcoin and hold it on the future.
For me , I will use it for trading while the rest I holding it . It's better to having multiple source of investment to minimize the risk.


You probably means multiple source of income instead of investment. If it is an investment then you should simply put it away and get some profit once the time is up . Using it for trading means you are treating it as a tool to get some more profit from it
Definitely because trading is more on a job for me, you need to work hard and decide smartly in order to make money in a regularly basis. Being a day trader requires a lot of time to monitor the market and analyze the trends, so I guess it is more tiring that working in a day job but the good thing is that the earning is unlimited here if we succeed.
hero member
Activity: 840
Merit: 1000
September 27, 2016, 01:04:25 AM
I think the price is still cheap IMO . So , it is your right time to buy your bitcoin and hold it on the future.
For me , I will use it for trading while the rest I holding it . It's better to having multiple source of investment to minimize the risk.


You probably means multiple source of income instead of investment. If it is an investment then you should simply put it away and get some profit once the time is up . Using it for trading means you are treating it as a tool to get some more profit from it
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
September 27, 2016, 12:50:57 AM
I have been investing in a lot of various financial instruments over the years, with varying levels of success. Some turned out to be great investments, while others turned out to be just ok. I would still continue to invest and explore new types of investments that are within my risk tolerance. Bitcoin is the latest of my investments and I hope it turns out to be a good one for years to come.
You are just here at the right timing, bitcoin has been gaining success because of its supporters all over the world and why I am saying that you are in the right timing is because we are still in the early phase and we can still buy cheap bitcoins and witness it grow in the future.
I think the price is still cheap IMO . So , it is your right time to buy your bitcoin and hold it on the future.
For me , I will use it for trading while the rest I holding it . It's better to having multiple source of investment to minimize the risk.
hero member
Activity: 3052
Merit: 606
September 27, 2016, 12:23:12 AM
I have been investing in a lot of various financial instruments over the years, with varying levels of success. Some turned out to be great investments, while others turned out to be just ok. I would still continue to invest and explore new types of investments that are within my risk tolerance. Bitcoin is the latest of my investments and I hope it turns out to be a good one for years to come.
You are just here at the right timing, bitcoin has been gaining success because of its supporters all over the world and why I am saying that you are in the right timing is because we are still in the early phase and we can still buy cheap bitcoins and witness it grow in the future.
hero member
Activity: 518
Merit: 500
September 26, 2016, 11:11:44 PM
I have been investing in a lot of various financial instruments over the years, with varying levels of success. Some turned out to be great investments, while others turned out to be just ok. I would still continue to invest and explore new types of investments that are within my risk tolerance. Bitcoin is the latest of my investments and I hope it turns out to be a good one for years to come.
hero member
Activity: 840
Merit: 501
Strength in Numbers
September 26, 2016, 10:55:13 PM
If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

Of course it is... But atleast you should have knowledge on where you are investing your money and how those investments works, coz if not, instead of earning, you will end up losing those supposedly passive income...It is much safer if you save it and just invest it after a thorough studying on those investments that you want to put your money in..  Smiley

Why you are just going to choose saving only if you are going to be able to do that both? For me I want to do both and going to keep doing both of it.

Since we are in bitcoin, so if you are going to hold a lot of bitcoins today. Then probably you are also investing to it.

So you are doing both, saving and investing at the same time.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
September 26, 2016, 10:43:53 PM
If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

Of course it is... But atleast you should have knowledge on where you are investing your money and how those investments works, coz if not, instead of earning, you will end up losing those supposedly passive income...It is much safer if you save it and just invest it after a thorough studying on those investments that you want to put your money in..  Smiley
hero member
Activity: 952
Merit: 500
September 26, 2016, 10:40:43 PM
If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

For me saving is the best and that is just going to be done continuous so that in the future you have enough money for your daily needs. Saving is just like investing, you are getting ready for the future expenses that you might face. So for me saving is the one that a person must do. And in bitcoin saving is also applicable and a good choice.
Well, that is better but you cannot just save for the rest of your life, how would you enjoy if you are just saving. Investing is the only key to achieve financial success so we have the freedom to buy things we want and do what we want, we need to learn how to grow our money not only in saving.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
September 26, 2016, 10:17:35 PM
If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

For me saving is the best and that is just going to be done continuous so that in the future you have enough money for your daily needs. Saving is just like investing, you are getting ready for the future expenses that you might face. So for me saving is the one that a person must do. And in bitcoin saving is also applicable and a good choice.
Jump to: