Is it better to save money or invest it? - page 391.

diodio5

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Quote from: satmas on August 28, 2016, 09:17:42 PM

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

of course you invest if you're ready with inherent risks in investments. investments have a high enough risk depends on the investment you choose
to invest in bitcoin problem only on fluctuations because the price can go down at any time and make you lose money big enough

mirakal

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Quote from: randy8777 on August 29, 2016, 06:10:49 AM

Quote from: Danielzo on August 29, 2016, 04:48:11 AM

The better way is to invest your money. Saving them in a bank or simply keeping your btc in your wallet is a waste of time, so I suggest invest into something you believe will become a profit bringer.

if you are saving money for the purpose of having money aside for when you need it, then it's all right. but if you save money for the purpose of getting interest, then i too find it a waste of time. but then again, investing your money isn't all that easy. you have to know where and in what you put your money. everything comes with a risk.

By simple putting your money in the bank it will automatically generate an interest income and for me that is advisable since your money is safe in the bank and it will grow, however if you are ambitious enough and you are not satisfied with the interest you will be receiving then investing in bitcoin would be the answer.

randy8777

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Quote from: Danielzo on August 29, 2016, 04:48:11 AM

The better way is to invest your money. Saving them in a bank or simply keeping your btc in your wallet is a waste of time, so I suggest invest into something you believe will become a profit bringer.

if you are saving money for the purpose of having money aside for when you need it, then it's all right. but if you save money for the purpose of getting interest, then i too find it a waste of time. but then again, investing your money isn't all that easy. you have to know where and in what you put your money. everything comes with a risk.

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Quote from: traderbit on August 29, 2016, 03:25:42 AM

Quote from: mindrust on August 29, 2016, 03:14:05 AM

You better save your money until you find a decent investment. Not investing is a better a lot better option rather than investing in a shitty investment which you have no idea about. Save your money and while doing it, collect data about your preferred investment.

I have to say you give a really nice tip. I saw nowadays people invest blindly in everywhere. or they just invest by other peoples suggestion. this is not good at all. do proper re search by yourself, specially when you want to invest in an ICO of an altcoin. people may suggest you to Invest your money in an ICO but never invest without reading properly about that coin, their roadmap, their whitepapter, and other important things.

You are right, people for their investment are nowadays really blind and ask from other people about where to invest and after getting the suggestion they without collecting any knowledge invest in there but that is dangerous for our money as without knowledge an investment is just kicking our money to destruction.

goldcoinminer

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Quote from: jakelyson on August 29, 2016, 05:31:54 AM

Quote from: mindrust on August 29, 2016, 03:14:05 AM

You better save your money until you find a decent investment. Not investing is a better a lot better option rather than investing in a shitty investment which you have no idea about. Save your money and while doing it, collect data about your preferred investment.

That is true. Many here are discouraged to invest because they were scammed before. If only they did their research and truly know the investment before putting their money in, maybe they have avoided being scammed. Educating yourself is necessary before involving into any investment.

The important thing is we are able to learn from our experience, I was scammed but I did stop there, instead I make it a point now that every investment that I am planning to venture should be carefully evaluated by me and I never tired of make a research before putting my money cause I do not want to be scammed again.

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Quote from: mindrust on August 29, 2016, 03:14:05 AM

You better save your money until you find a decent investment. Not investing is a better a lot better option rather than investing in a shitty investment which you have no idea about. Save your money and while doing it, collect data about your preferred investment.

That is true. Many here are discouraged to invest because they were scammed before. If only they did their research and truly know the investment before putting their money in, maybe they have avoided being scammed. Educating yourself is necessary before involving into any investment.

sirohige

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Quote from: Danielzo on August 29, 2016, 04:48:11 AM

The better way is to invest your money. Saving them in a bank or simply keeping your btc in your wallet is a waste of time, so I suggest invest into something you believe will become a profit bringer.

it's not same like invest, saving is very diffirent with invest, saving is save money for future danger situation, low interest, but easy to withdraw .

Danielzo

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The better way is to invest your money. Saving them in a bank or simply keeping your btc in your wallet is a waste of time, so I suggest invest into something you believe will become a profit bringer.

bhadz

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Quote from: BossMacko on August 29, 2016, 04:09:46 AM

I prefer both save the amount you need and invest the amount you don't need and hope that someday it will bloom as you expecting it. That's what i am doing all this time. The investment that i am doing is investing in alt coins hoping that someday it will give me a nice profit.

Me too it is going to be better if I will going to choose both. Because if I will going to choose only one then I am going to waste the opportunity to earn while saving or if I'm into investing and I am not able to save some profit. Then my investment will just going to be wasted too. That's why it is going to be a good choice if we are going to do both.

BossMacko

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I prefer both save the amount you need and invest the amount you don't need and hope that someday it will bloom as you expecting it. That's what i am doing all this time. The investment that i am doing is investing in alt coins hoping that someday it will give me a nice profit.

traderbit

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Quote from: mindrust on August 29, 2016, 03:14:05 AM

You better save your money until you find a decent investment. Not investing is a better a lot better option rather than investing in a shitty investment which you have no idea about. Save your money and while doing it, collect data about your preferred investment.

I have to say you give a really nice tip. I saw nowadays people invest blindly in everywhere. or they just invest by other peoples suggestion. this is not good at all. do proper re search by yourself, specially when you want to invest in an ICO of an altcoin. people may suggest you to Invest your money in an ICO but never invest without reading properly about that coin, their roadmap, their whitepapter, and other important things.

mindrust

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You better save your money until you find a decent investment. Not investing is a better a lot better option rather than investing in a shitty investment which you have no idea about. Save your money and while doing it, collect data about your preferred investment.

ajun96

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Quote from: DimidoffVany on August 28, 2016, 12:44:01 PM

Quote from: bapparabi on August 28, 2016, 11:39:31 AM

Doing both the things in the same time I would prefer because no body can invest without saving anything and to grow your savings,investement is required,so a wise person will do both of things together.

I think so too. But despite the fact that I had expressed this opinion, my interlocutors felt that I was talking nonsense, and both actions can not be done.

I think it may just save a course or investments only. or use both simultaneously? there is nothing wrong to choose one or use both. you should have a plan for investment and saving. I think that it would be better if you choose both. grow and store

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Quote from: bapparabi on August 28, 2016, 11:39:31 AM

Doing both the things in the same time I would prefer because no body can invest without saving anything and to grow your savings,investement is required,so a wise person will do both of things together.

hmm i guess i am very agree to your opinion ,
doing investment are actually to gain your savings right?
so if you did invested , automatically you have done save money in the same time ,
the question of this thread feel like not proper if we take this opinion/statement. am i right?

batang_bitcoin

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Quote from: satmas on August 28, 2016, 09:17:42 PM

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

You are right with it and you must really wise before you are going to invest. And don't forget that every investments are really risky at all. You must expect for profit and also for losses. But if you are going to be a good investor and you are going to manage your investments properly. Then possible that you are going to get good profit and few losses.

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Quote from: satmas on August 28, 2016, 09:17:42 PM

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

that's a good idea, maybe we can invest only 30% of our asset/money, save 40% for future and 30% for daily usage.
i have plan each month to listing my budget for saving and invest

MTBTT

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Quote from: poordeveloper on August 28, 2016, 12:45:37 PM

Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin

nope I think if you say that as if the investment is the main thing. while you still can get rich without having to invest. and it had been proved by someone

Ziskinberg

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Quote from: satmas on August 28, 2016, 09:17:42 PM

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

That's the principle and we should follow that no matter what, if we are going to invest all our savings that is a complete gambling and only when you are lucky will you have a chance to profit but if you look at the other side of the coin, the worst case scenario might happen which is you will lose all your hard earned money.

satmas

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You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

mundang

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Saving your money in a bank would be great cause after years it will continue to grow,rather than investing that may lead into nothing to profit.

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