Topic: Is it better to save money or invest it? - page 412. (Read 1181226 times)
Bitcoin teached me a lesson that you can invest anytime and at bitcoin world the best way to make money around bitcoin its just buy and hold, if i had saved my coins from last year i would be with something like 2-3btc, something i dont own, because cashout as well some investement. The fact are bitcoin doubled its value and all the free ways has reduced all the rewards, soo its getting harder to get bitcoins.
Yeah in savings you have access to your funds 24/7 which is not possible with investments as if you withdraw your investments before its maturity then you will go through losses.
That is why you do not invest the money that you will be needing immediately. You should just invest the money that is meant for investing. You should have savings for emergency purposes, savings for your retirement. And another savings for investment. Investment is needed to grow your money so you can have more money in your saving banks.
saving and investing is diffirent way it's like two sides of a coin, people says with bitcoin we can save and invest at 1time 1place. but for me if you buying and holdinng bitcoin it's not part of saving , but it's a true investing.
Absolutely true, because in savings there is no big risk involve and the mere fact that you are putting your money in the blockchain or in your wallet that would mean you are investing already and the amount of bitcoin you have is always subject to the volatility of the bitcoin price.Holding bitcoin is just a form of investment because it depends bitcoins price volatility its either you gain or loss profit out of it, as you said theres a risk involved , while in saving purely, you just kept your coins or money without growing even if you keep it for a long time , it would go literally if you keep on saving and piling up the amount.
I'm treating holding bitcoin is really a good type of investment and at the same time it is also a savings. That is why if you are saving bitcoin, then you are already doing both of it. You save because you are holding and waiting for the price to increase, and as the price increases then you are going to earn out of it.
Better save it on the bank.
Investing online is so risky you don't know if you are going to earn or not.
Investing online is so risky you don't know if you are going to earn or not.
saving and investing is diffirent way it's like two sides of a coin, people says with bitcoin we can save and invest at 1time 1place. but for me if you buying and holdinng bitcoin it's not part of saving , but it's a true investing.
Absolutely true, because in savings there is no big risk involve and the mere fact that you are putting your money in the blockchain or in your wallet that would mean you are investing already and the amount of bitcoin you have is always subject to the volatility of the bitcoin price.Holding bitcoin is just a form of investment because it depends bitcoins price volatility its either you gain or loss profit out of it, as you said theres a risk involved , while in saving purely, you just kept your coins or money without growing even if you keep it for a long time , it would go literally if you keep on saving and piling up the amount.
saving and investing is diffirent way it's like two sides of a coin, people says with bitcoin we can save and invest at 1time 1place. but for me if you buying and holdinng bitcoin it's not part of saving , but it's a true investing.
Absolutely true, because in savings there is no big risk involve and the mere fact that you are putting your money in the blockchain or in your wallet that would mean you are investing already and the amount of bitcoin you have is always subject to the volatility of the bitcoin price.
whether its crypto we are talking or fiat, its always better to invest especially if these money you have are just your extra cash.
there is always a higher chance of profit when you also make sure you invest on the right company.
there is always a higher chance of profit when you also make sure you invest on the right company.
saving and investing is diffirent way it's like two sides of a coin, people says with bitcoin we can save and invest at 1time 1place. but for me if you buying and holdinng bitcoin it's not part of saving , but it's a true investing.
Well for me they are not to be separated and they are a partner when it comes to financial management. Saving is important and as well as investing, if you want to grow your money, you are not just going to invest but you are going to do it with saving and while you are saving you are going to do the same too.
saving and investing is diffirent way it's like two sides of a coin, people says with bitcoin we can save and invest at 1time 1place. but for me if you buying and holdinng bitcoin it's not part of saving , but it's a true investing.
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereare you are trader..? are you know the bitcoin price can fail and rise in 1day ? if you thinking no risk at trader, you are wrong. each people who know how to growing his money in trading he will know how burn his money in trading too.
But even if price falls then you need to hold your coins without getting panic and that will test your patience level as we know even if price falls today it will rise tomorrow.
the problem is when you need money for something, you don't have any money except altcoin. or you see chance of other altcoin can rise more than your altcoin, then you must sell your altcoin at any cost.
Well for me it is always better to save money rather than you are going to invest. Because in investment you must have enough savings so that you are going to keep on supporting your investments because once it is going to be on the down fall then possibly you are going to just lose your investment if you don't have savings.
You are correct on a point that you need a savings before you start investing. That is what I am thinking everytime there were persons who want me to invest or join their mutual funds.
In a webinar that I attend in, you will gain more profit if you invest it than saving your money on a bank. For example you have $1 and save it to the bank, it will earn like 2.5% interest. But in the next year its value would be like 0.95 cents due to inflation which is like 3%. So it's like you did not profit or gain interest. So they say better thing to do is to invest as investments interest were 15% or higher profit thus beating the inflation thing.
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereare you are trader..? are you know the bitcoin price can fail and rise in 1day ? if you thinking no risk at trader, you are wrong. each people who know how to growing his money in trading he will know how burn his money in trading too.
But even if price falls then you need to hold your coins without getting panic and that will test your patience level as we know even if price falls today it will rise tomorrow.
the problem is when you need money for something, you don't have any money except altcoin. or you see chance of other altcoin can rise more than your altcoin, then you must sell your altcoin at any cost.
Well for me it is always better to save money rather than you are going to invest. Because in investment you must have enough savings so that you are going to keep on supporting your investments because once it is going to be on the down fall then possibly you are going to just lose your investment if you don't have savings.
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereare you are trader..? are you know the bitcoin price can fail and rise in 1day ? if you thinking no risk at trader, you are wrong. each people who know how to growing his money in trading he will know how burn his money in trading too.
But even if price falls then you need to hold your coins without getting panic and that will test your patience level as we know even if price falls today it will rise tomorrow.
the problem is when you need money for something, you don't have any money except altcoin. or you see chance of other altcoin can rise more than your altcoin, then you must sell your altcoin at any cost.
It's not guaranteed price will rise. They are many coins out here that Will compete
Every coin that is being released will always carry the title of altcoin. And that's exactly how people treat them. Every feature that they have is a gimmick. Great that it's included, but no one really needs it. Altcoins are nothing more than a tool to make quick profits.
It's not guaranteed price will rise. They are many coins out here that Will compete
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereare you are trader..? are you know the bitcoin price can fail and rise in 1day ? if you thinking no risk at trader, you are wrong. each people who know how to growing his money in trading he will know how burn his money in trading too.
But even if price falls then you need to hold your coins without getting panic and that will test your patience level as we know even if price falls today it will rise tomorrow.
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereYou are right there is no risk in trading apart from the risk of losing your money due to an adverse price change or an exchange being hacked, but it's a minor issue really...
Other than that your money is safe indeed
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereare you are trader..? are you know the bitcoin price can fail and rise in 1day ? if you thinking no risk at trader, you are wrong. each people who know how to growing his money in trading he will know how burn his money in trading too.
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhereGrowing our coins is very important to increase the level of our coins in wallet and that is possible with trading and better option is to go for altcoin trading.
As we all know, the risk is proportional to income, if you don't want to take too much risk, then you should choose to save.
there is no risk in trading to be honest unless you start doing something dumb with it you will most probably not lose your money so it is better to invest it somewhere 
each people have diffirent hoby and focus, im focus at crypto mining, crypto earning, and crypto mining.
so i will choose invest is better, and best invest is buying VGA, psu , motherboard etc. for me building mining rig is best option.
so i will choose invest is better, and best invest is buying VGA, psu , motherboard etc. for me building mining rig is best option.
crypto mining can be profitable, because quite a lot of choice of coins and lots of new coins was born. while mining bitcoin, the longer it will probably be less and less profitable. I am interested in it, but I am still constrained electricity.
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