Is it better to save money or invest it? - page 396.

chaser15

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Quote from: mirakal on August 25, 2016, 04:06:56 AM

Quote from: chaser15 on August 25, 2016, 03:55:02 AM

Quote from: groll on August 25, 2016, 02:47:51 AM

I think that saving would be good on bitcoin only not on the actual money. As we all know that the price of bitcoin itself may goes up. And I would want to save some bitcoins as it is like investment that actually grows without putting it in any investment sites. Unlike if you will save the money which only have this percent interest and about a year you would find that inflation is higher than the interest rate of your savings. But of course it is better to save than have nothing at all.

You are 100% wrong and all the follow up statement is completey wrong thinking about fiat.

Can you give here some clear and valid reasons why saving isn't good on the actual money?

What if there's an urgent emergency and internet is not present. Can you use your God Bitcoin?? Your optimitism in bitcoin is too much for the point that you are not concern for saving fiat money.

Well, we do not need to debate on that as we have our own opinion and that is someone's life. It a certain person believes that he can get more money when saving in bitcoin then the risk is him but also when it succeeds the reward is very fulfilling.

Im not making such a normal debate but a healthy debate which is good for the community. I just want to insert to his mind that saving the actual money is a must too and not only on bitcoin. He may contradict too and I will wait for the response.

If I will just respect others opinion here then we are all right here even if the statement has many holes. How about the newbies that might misled to the wrong information.

Apology if you find it offensive to his part.

ranlo

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Quote from: GregH37 on August 25, 2016, 03:21:19 AM

Quote from: social crypto coin on August 24, 2016, 09:18:29 PM

i am prefered investment
i want my money is always growth so is can pasive income for me,saving in my bank only result my job online and offline

It is anyway better to invest instead of saving in bank. if you save your money in bitcoin. it could be still considered as a profitable saving. but saving in fiat is not beneficial at all.
Save your money in bitcoin and get profit in future. or invest your money somewhere if you want to be in profit.(of course you need to find something legit to invest)

Don't spread misinformation. There is nothing that even insinuates that BTC will go up in value. You're HOPING. Do not advise newbies as if this is a sure thing, when it's not. It is a risky investment.

mirakal

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Quote from: chaser15 on August 25, 2016, 03:55:02 AM

Quote from: groll on August 25, 2016, 02:47:51 AM

I think that saving would be good on bitcoin only not on the actual money. As we all know that the price of bitcoin itself may goes up. And I would want to save some bitcoins as it is like investment that actually grows without putting it in any investment sites. Unlike if you will save the money which only have this percent interest and about a year you would find that inflation is higher than the interest rate of your savings. But of course it is better to save than have nothing at all.

You are 100% wrong and all the follow up statement is completey wrong thinking about fiat.

Can you give here some clear and valid reasons why saving isn't good on the actual money?

What if there's an urgent emergency and internet is not present. Can you use your God Bitcoin?? Your optimitism in bitcoin is too much for the point that you are not concern for saving fiat money.

Well, we do not need to debate on that as we have our own opinion and that is someone's life. It a certain person believes that he can get more money when saving in bitcoin then the risk is him but also when it succeeds the reward is very fulfilling.

chaser15

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Activity: 2688

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Quote from: groll on August 25, 2016, 02:47:51 AM

I think that saving would be good on bitcoin only not on the actual money. As we all know that the price of bitcoin itself may goes up. And I would want to save some bitcoins as it is like investment that actually grows without putting it in any investment sites. Unlike if you will save the money which only have this percent interest and about a year you would find that inflation is higher than the interest rate of your savings. But of course it is better to save than have nothing at all.

You are 100% wrong and all the follow up statement is completey wrong thinking about fiat.

Can you give here some clear and valid reasons why saving isn't good on the actual money?

What if there's an urgent emergency and internet is not present. Can you use your God Bitcoin?? Your optimitism in bitcoin is too much for the point that you are not concern for saving fiat money.

GregH37

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Quote from: social crypto coin on August 24, 2016, 09:18:29 PM

i am prefered investment
i want my money is always growth so is can pasive income for me,saving in my bank only result my job online and offline

It is anyway better to invest instead of saving in bank. if you save your money in bitcoin. it could be still considered as a profitable saving. but saving in fiat is not beneficial at all.
Save your money in bitcoin and get profit in future. or invest your money somewhere if you want to be in profit.(of course you need to find something legit to invest)

goldcoinminer

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Quote from: groll on August 25, 2016, 02:47:51 AM

Quote from: dunfida on August 25, 2016, 02:32:01 AM

Quote from: freedomgo on August 25, 2016, 01:45:28 AM

Quote from: Zadicar on August 25, 2016, 12:55:35 AM

Quote from: tabas on August 25, 2016, 12:49:13 AM

Quote from: mirakal on August 25, 2016, 12:42:15 AM

Quote from: noormcs5 on August 25, 2016, 12:33:54 AM

Quote from: Zooplus on August 24, 2016, 11:24:09 PM

Quote from: social crypto coin on August 24, 2016, 09:18:29 PM

i am prefered investment
i want my money is always growth so is can pasive income for me,saving in my bank only result my job online and offline

Doing both is better than focusing on one, but we all have the capacity to save when we are earning but not all people have the capacity to invest. We are always prioritizing our needs over the other but what if we are just earning a little amount so we cannot invest and wait for the right time we are capable.

Yes, both the ways are useful and profitable for us, but we can make profit more it depend on us, if we save our bitcoins so take a decision on the correct time, than it make profit, otherwise investment is also same way.

If you earn 50% from bitcoin and also 50% from your real job you have the chance to save and invest at the same time. With bitcoin it gives you the opportunity to do both so do not miss the opportunity to invest as that is vital for your success.

Yeah that is going to be a good chance if you are going earn with both. And it is always been better if you are going to do both and you don't have to choose only one from it. Saving without purpose is good, but saving to have a purpose of investing is going to be the best. But always remember don't invest if you don't plans to grow it.

Doing both thing would be the best thing to do but just remember how to handle your time on doing those things because you would really have a hard time when you pursue that you can't really achieve. Saving without purpose as you said is somewhat useful but the possibility to save on that mindset would be possibly changed or your not serious of saving because you don't have plan for your saving but if you have set goals to your savings it would be much more better because you would really save because you set a particular plan.

Savings will enable you to invest in any opportunities you can see, may it be in online or in physical world. Since we are living in the crypto world, the opportunity is investing with bitcoin to prove how strong our trust that bitcoin will succeed in the future.

Yes, saving could be useful in both online and in physical world because it has many uses and on what purpose would you use it. It's also good to save Bitcoin because we know and believe that it would increase it price in the future which is also go to save more and would also make an investment long term because Bitcoin price is still growing.

I think that saving would be good on bitcoin only not on the actual money. As we all know that the price of bitcoin itself may goes up. And I would want to save some bitcoins as it is like investment that actually grows without putting it in any investment sites. Unlike if you will save the money which only have this percent interest and about a year you would find that inflation is higher than the interest rate of your savings. But of course it is better to save than have nothing at all.

Investing will give you a good future when bitcoins price starts to skyrocket, what you earn here must be save and invested and your income in real life with be use for your real life needs and wants. The risk is little since you are just earning that online for your hard work and you did not imagine how big it is in the future.

groll

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