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Topic: Is it better to save money or invest it? - page 392. (Read 1181210 times)

legendary
Activity: 1218
Merit: 1000
the current price of bitcoin was very stable, might make us lose if we only keep bitcoin that we have today. possible investment in a short time is a good idea to do, as it may be to invest in a short time will make bitcoin that we have to grow, although only slightly. trading may be a good thing for the try
hero member
Activity: 756
Merit: 501
Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley

Nice point, if we want to save then we should have to convert them to bitcoin and have to save them in our wallet, we can call this saving as investment, as bitcoin is a more favorable asset for the traders to earn money with it, so it is also a good investment.
Knowing that savings even loosing to inflation a bit all years it generates new money that can be applied as well. Investments may bring better results but you have to expose your money at some risk, and there is no way you be sure it will roi.
sr. member
Activity: 533
Merit: 250
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Saving money is secure but your money did not grow
Invest money is help to grow your money but it risky

This is my strategy half of my money is for savings the other half is for investment
legendary
Activity: 2240
Merit: 1069
If you can do both, just do both then. Both save money and invest are good imo, you have an investment and also save some of your money for emergency. But if you only can pick one, i prefer save money.

Right, why do we have to choose one when we can do both. Both saving and investing is a good action for a better financial stability. Saving gives you assurance of the future and investing to improve your earning and to have a passive income.
hero member
Activity: 966
Merit: 517
Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley

Nice point, if we want to save then we should have to convert them to bitcoin and have to save them in our wallet, we can call this saving as investment, as bitcoin is a more favorable asset for the traders to earn money with it, so it is also a good investment.
sr. member
Activity: 378
Merit: 251
Saving is much better, i think that people who saving money often, knows that it's very good to understand that you have good "bankroll" reserved.
hero member
Activity: 812
Merit: 1000
I will invest my money in bitcoins as bitcoin will be a big shot in future holding some very higher price which can give me best returns on my investments.
hero member
Activity: 896
Merit: 527
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Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley
Yeah it is good to save it as in bitcoin even the price of bitcoin is increasing slowly you have still have making a profit. for small amount if you are just saving a small amount in your wallet but if you are holding a lots of bitcoin you can get also a good amount of profit..

If you are holding 1 btc in your wallet then even in future it will be 1 btc, not anything more then that, but yes if price goes higher then you can make extra money from it.
I meant that Bitcoin is worth more, not that there are any changes to the Bitcoins you saved.
hero member
Activity: 672
Merit: 503
Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley
Yeah it is good to save it as in bitcoin even the price of bitcoin is increasing slowly you have still have making a profit. for small amount if you are just saving a small amount in your wallet but if you are holding a lots of bitcoin you can get also a good amount of profit..

If you are holding 1 btc in your wallet then even in future it will be 1 btc, not anything more then that, but yes if price goes higher then you can make extra money from it.
legendary
Activity: 2030
Merit: 1030
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Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley
Yeah it is good to save it as in bitcoin even the price of bitcoin is increasing slowly you have still have making a profit. for small amount if you are just saving a small amount in your wallet but if you are holding a lots of bitcoin you can get also a good amount of profit..
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley

Yeah saving money in bitcoin is the smart thing to do, as if price goes higher in future your savings will also grow with that and you can get higher returns when you sell them.
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley
sr. member
Activity: 278
Merit: 250
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.
legendary
Activity: 840
Merit: 1000
Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
bitcoin industry is full of scammers there is no doubt. but it is not hard to determine scammers. you just need to be careful and do not invest your money somewhere if you looks anything shady here.. mostly investors ask for your money and promise to you that they will give you double in a time(bitcoin doublers) so stay away from them.. some altcoin projects are also ponzi scammers. don't invest without reading the road map.
hero member
Activity: 826
Merit: 1000
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.
hero member
Activity: 882
Merit: 500
in my opinion it is more better to invest money in real state or gold like things because yearly there rates increases day per day . since if we put our money in bank we will get only useles profit .
full member
Activity: 154
Merit: 100
Dapps will be the game changer
Saving and investing has its own benefits. So, I would recommend you do both. Invest some amount that you'are fine taking risk and save an amount that you're not okay taking risks with. How much amount you like to invest or save differs from each individuals based on their personality and risk tolerance.

I know some people who love to save their money and not invest in stocks or bitcoin or anything that is risky. They are aware of inflation eating into their savings, but they prefer that more than taking risk. And yes, there are people who love to take risks and they win as well as loose some of their investment.

Basically, it depends on your perspectives. I would recommend you do both.
legendary
Activity: 1596
Merit: 1011
Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
I think being rich is not only the investment but there are many methods other than investment? you can still work hard without the need for capital. so I think if you're afraid to risk. you can avoid investing
yes it is true. a lot of ways to get money. one of which is to sell goods. work hard to be the most important point. we are faced with the choice of how best to make money.
sr. member
Activity: 840
Merit: 250
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That varied on the amount if you have a big amount of investment in bitcoin like let us say for example you have 200 BTC with the current price and for me that is a big amount already and worth waiting for the price increase before you sell it for a profit. Even a little increase you would already make a great profit.
If you already have the good start like you said , you can only holding your coins . If the price rises $1/BTC , that's affect a lot with your balances. Most likely you get $200 for your 200 btc . But , if you only have little bitcoin better to go with trading .
legendary
Activity: 3150
Merit: 1148
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Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
I think being rich is not only the investment but there are many methods other than investment? you can still work hard without the need for capital. so I think if you're afraid to risk. you can avoid investing
That could be possible but you need to exert much effort on working to be rich, it is actually hard to be rich when you are just a mere worker because you will only receive a certain amount from your employers regardless of how good performer you are.
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