Is it better to save money or invest it? - page 406.

socks435

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Quote from: Jonar21 on August 16, 2016, 01:07:19 PM

Quote from: Taki on August 16, 2016, 12:59:03 PM

Quote from: sabbirshm on August 16, 2016, 12:31:28 PM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I will say better keep btc on your wallet rathe than invest. because all the sites of invest are ponzi/scam. I don't find a fresh site for invest till now.So, I will suggest to just keep btc on paper wallet and wait for to hits good price. As soon as price increased just sell it, you can earn much by that.

Not every site that suggest you some investment is scam or ponzi. There are many sources where you can make some real profit. I'm agree that it's better to save money, and not just bitcoins, every kind of money. But I would not chose online wallet, the situation with Bitfinex showed us that it is not so saved. So I prefer from not to cash out my bitcoins everytime when I make some good amount of it.

As far as I know, there are several options for bitcoin wallets, which are characterized by their complexity and security. One of the safest, this wallet is stored on your flash drive. And access to the Internet is not possible if you do not want.

Its not a safest for a long time investment or savings.. usb can be damage in the future if you didnt use that flash drive for a long time i know that thing because i have a lots of working flash drive here but in few years almost half of my usb are damage. so its not the good place.. better to upload your backup with long password.. and upload in dropbox with password or mediafire..

Jonar21

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Quote from: Taki on August 16, 2016, 12:59:03 PM

Quote from: sabbirshm on August 16, 2016, 12:31:28 PM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I will say better keep btc on your wallet rathe than invest. because all the sites of invest are ponzi/scam. I don't find a fresh site for invest till now.So, I will suggest to just keep btc on paper wallet and wait for to hits good price. As soon as price increased just sell it, you can earn much by that.

Not every site that suggest you some investment is scam or ponzi. There are many sources where you can make some real profit. I'm agree that it's better to save money, and not just bitcoins, every kind of money. But I would not chose online wallet, the situation with Bitfinex showed us that it is not so saved. So I prefer from not to cash out my bitcoins everytime when I make some good amount of it.

As far as I know, there are several options for bitcoin wallets, which are characterized by their complexity and security. One of the safest, this wallet is stored on your flash drive. And access to the Internet is not possible if you do not want.

Taki

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Quote from: sabbirshm on August 16, 2016, 12:31:28 PM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I will say better keep btc on your wallet rathe than invest. because all the sites of invest are ponzi/scam. I don't find a fresh site for invest till now.So, I will suggest to just keep btc on paper wallet and wait for to hits good price. As soon as price increased just sell it, you can earn much by that.

Not every site that suggest you some investment is scam or ponzi. There are many sources where you can make some real profit. I'm agree that it's better to save money, and not just bitcoins, every kind of money. But I would not chose online wallet, the situation with Bitfinex showed us that it is not so saved. So I prefer from not to cash out my bitcoins everytime when I make some good amount of it.

sabbirshm

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I will say better keep btc on your wallet rathe than invest. because all the sites of invest are ponzi/scam. I don't find a fresh site for invest till now.So, I will suggest to just keep btc on paper wallet and wait for to hits good price. As soon as price increased just sell it, you can earn much by that.

MingLee

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Quote from: Dux2K on August 15, 2016, 03:09:44 PM

Maybe best option is to do both save and invest 50-50 is best option

Sometimes it is better to do a fifty-fifty deal, but it all depends on your financial situation and what you are willing to lose. For me personally I'd probably be looking at something like a 75-25 split with more going into savings rather than a form of investment. However it does depend on what kind of investment you're looking at.

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Quote from: Dux2K on August 15, 2016, 03:09:44 PM

Maybe best option is to do both save and invest 50-50 is best option

there is no need to save it to be honest, in my opinion it is way better to just go 100 per cent investing into trading as you might make some good money with it

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Quote from: MB boss on August 16, 2016, 06:57:56 AM

I think investing money is more beneficial than saving it, as with that you will grow your money multiple folds, but if you have lesser amount which are unable to invest then try to save them and increase them after that invest them

but bitcoin give you this amazing feature that you can invest any low amoutn of money in it. because bitcoin it self a good investment. but if you don't want to just hold then you can still invest in trading altcoin which don't require big money to do.

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Quote from: Ewinsane on August 15, 2016, 03:05:19 AM

i think saving money is better than investment .

Yeah, but for how long will you save money? If you are going to save it for very long time, you can save it in bank, and that is investment as well.

Saving in a bank is not an investment. Bank savings does not earn anything but a percent per year that cannot even compensate inflation rate. If you want to grow your money, then choose investment. But choose an investment that is not safe and do not go for hyip or ponzi.

Investment that is not safe? No investment is safe but we need to choose something from where we can expect some returns which can give us good profits in future.

Agree, every investment has risk of losing your money, you cant see a business or investment that has no risk. If you have plan on having a good future you would invest your money which you see has a good potential on making profit in the long run.

that is the meaning of success, all there risks in each choice not only in investment but in all things so all of that is an option if you want to succeed in investing then it must have the courage to invest and must have knowledge of the investment.

If you want to earn better profits in future then you have to take that risk of investing, without risks you cannot expect better returns on our investments.

Yeah! you are right but you are just talking on the positive side of investment, it is given that we might earn in investing but there is always a chance that we might lose our investment, just put in mind that we can afford what we will be investing so we can easily accept if it will not succeed.

You should always ready with back up in case if your investment doesn't work, and saving will play a good role as a back up so I think you should go with both of them.

Savings should only for fiat as it is more stable than bitcoin, while your investment should be something like bitcoin, gold, or having your own business. Diversification is the key to success as anything can happen in the future so do not just focus in one industry even how currently good it is.

I invest some part of my income in bitcoin, but majority of my investment goes in real estate as its on booming stage at a moment and the price of land keeps on increasing on regular basis.

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