Is it better to save money or invest it? - page 417.

Aamir1

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Quote from: oHnK on August 02, 2016, 01:23:08 PM

Quote from: shane on August 02, 2016, 01:10:40 PM

I think both are good choices, you must be balanced with both, and you should still invest to grow your bitcoin, and not just store.

Doing both is silly, Im more into getting one of it up and running . You should read some quotes from trump, diversification is really a bad idea. You wont know what you are investing if you dont go all in with your everything. On one sides, the quote is actually correct however unless you are very rich, you cant do that

Well, i also feel the same thing, if you don't have a lot of money then it is meanless to store your money that is a limited amount and has no much value, but it is better to invest it somewhere safe to keep it growing with the time, only the people who has more money then they recently need should store and save their money somewhere so that if they need them in future they can be able to use them.

oHnK

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Quote from: shane on August 02, 2016, 01:10:40 PM

I think both are good choices, you must be balanced with both, and you should still invest to grow your bitcoin, and not just store.

Doing both is silly, Im more into getting one of it up and running . You should read some quotes from trump, diversification is really a bad idea. You wont know what you are investing if you dont go all in with your everything. On one sides, the quote is actually correct however unless you are very rich, you cant do that

shane

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Quote from: coin_gambler on August 02, 2016, 10:57:37 AM

Quote from: risatrakib on August 02, 2016, 06:23:58 AM

i think saving money is a good option

yes, it is a good option and it is definitely a better thing than investing it into some kind of a ponzi that will make you lose all your money, saving is the best

I think both are good choices, you must be balanced with both, and you should still invest to grow your bitcoin, and not just store.

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Quote from: coin_gambler on August 02, 2016, 10:57:37 AM

Quote from: risatrakib on August 02, 2016, 06:23:58 AM

i think saving money is a good option

yes, it is a good option and it is definitely a better thing than investing it into some kind of a ponzi that will make you lose all your money, saving is the best

Your right but the problem where we can save it instead for safety of our money? i think holding bitcoin in wallet its still risky because the price of bitcoin is decreasing right now day by day.. so in my advice better to save it in bank for safety purposes but if you want to get the benefits of bitcoin just hold it but for this time its not a good time to hold bitcoins there because there is possible that the price of bitcoin will decrease from 600 to 500 level..

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Quote from: risatrakib on August 02, 2016, 06:23:58 AM

i think saving money is a good option

yes, it is a good option and it is definitely a better thing than investing it into some kind of a ponzi that will make you lose all your money, saving is the best

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Quote from: Doamader on August 01, 2016, 09:35:16 AM

Well bitcoin moment to get rich has already happened, thats why some altcoins are getting massive investment, as they can grow similiar bitcoin from one moment to another, but the question around if they will be able to keep it, bitcoin had a bubble that opened several eyes of the people. I am investing my bitcoins into something i believe will be the future, about bitcoin. I cant save bitcoin without make project live, soo currently im investing to further being collecting and saving my coins.

You are right holding is not the best of things for now, because if people are expecting increases in price like 100-200 x then actually that is just very far away and may even not happen again or within our expected time line. The best thing is to invest them into new select altcoins where you see a lot of possible potential.

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Quote from: Nimbulan on August 01, 2016, 09:26:32 AM

Quote from: GamingBro on August 01, 2016, 07:50:32 AM

Dividing this ways of managing money we will not get a good resaults, better to try to use it gather, you saving part of money, other part of money you investing, easy.

i think there is no need to just go invest a small part of money, i think you should put as much money as possible into bitcoins because it is going to grow

Actually investing itself is also holding (with some extra benefits), because while the invest goes on your bitcoins price will also increase. So investment is much better given that you know how to invest where to invest and when to invest. Investing in scam may lead to complete loss.

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Quote from: katrimans on August 02, 2016, 06:46:49 AM

Quote from: bamboylee on August 01, 2016, 12:18:45 AM

Quote from: WEBcreator on July 27, 2016, 11:31:02 AM

Quote from: Finestream on July 27, 2016, 01:55:04 AM

However it is not advisable to hold all your investment in forms of bitcoins as we can never ascertain the future. You only hold an amount that you can manage to lose and you could use your earnings here in this forum if you have a job by considering it as your savings and investment at the same so it would be less risky for you.

Saving and investing has almost the same risk , people just doesnt realize it yet. By saving your money in fiat you are actually exposed to inflation ( everyone is ) however in term of investing you are exposed to the risk that your investment could be losing its value the moment you blink your eyes

I do not think that you will lose your investment that fast if you put it on the right investment. And I think saving is not that risky. It will keep your money intact. And I do not think inflation rate will not hurt that much if you will just hold your money for a few months or years.

The best part with investment is that you are not in any fear of loosing it unlike gambling nor simply saving it without letting it grow. I mean like giving out loans to users with collateral. These days a lot of members need loan and most of them have collateral to give.

Well of course before you are going to enter into investments you know the consequences before entering it. And you must know that in investment there is going to be profit and also there is going to have loses. But it is in your hand on how you are going to manage your earning in investment.
If you are good at it then you are going to earn.

That is because every investment is risky, even if how good the potential of a certain investment there are still possibilities that it may not succeed. We should be fair with ourselves and accept whatever happens with our investment may it be not in favor or us. If we will succeed then that is great but if we fail we should learn and rise again.

katrimans

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Quote from: bamboylee on August 01, 2016, 12:18:45 AM

Quote from: WEBcreator on July 27, 2016, 11:31:02 AM

Quote from: Finestream on July 27, 2016, 01:55:04 AM

However it is not advisable to hold all your investment in forms of bitcoins as we can never ascertain the future. You only hold an amount that you can manage to lose and you could use your earnings here in this forum if you have a job by considering it as your savings and investment at the same so it would be less risky for you.

Saving and investing has almost the same risk , people just doesnt realize it yet. By saving your money in fiat you are actually exposed to inflation ( everyone is ) however in term of investing you are exposed to the risk that your investment could be losing its value the moment you blink your eyes

I do not think that you will lose your investment that fast if you put it on the right investment. And I think saving is not that risky. It will keep your money intact. And I do not think inflation rate will not hurt that much if you will just hold your money for a few months or years.

The best part with investment is that you are not in any fear of loosing it unlike gambling nor simply saving it without letting it grow. I mean like giving out loans to users with collateral. These days a lot of members need loan and most of them have collateral to give.

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i think saving money is a good option

doublebit21

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For me i think its the best to save money instead of investing it because we have no guaranteed for any investment if we invest it online.. but if there is local like bank that given high interest i think its the best to choose to invest..

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Quote from: freedomgo on August 02, 2016, 01:13:12 AM

Quote from: bamboylee on August 01, 2016, 11:56:58 PM

Quote from: Nimbulan on August 01, 2016, 09:26:32 AM

Quote from: GamingBro on August 01, 2016, 07:50:32 AM

Dividing this ways of managing money we will not get a good resaults, better to try to use it gather, you saving part of money, other part of money you investing, easy.

i think there is no need to just go invest a small part of money, i think you should put as much money as possible into bitcoins because it is going to grow

No one knows that for certainty. We all are hoping that to happen, but we are all not sure that that will happen for certain. All we can do is hope. And putting all your eggs on one basket is a bad idea, especially in investment. It is better to diversify or put your money on different investment so you can minimize your risk.

That is the best way to treat your investment, do not be too overconfident in just putting in one investment alone, you need to divide your investment so you can minimize the risk and your investment will last if the others will not work. Matured people knows the method and that would prove that we need also knowledge not just luck in investing.

You need luck in investing but what you need the most is the knowledge of the proper way in investing. Arm yourself with the right knowledge and you will be fine in investment.

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

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

I think the answer is dependent on the needs of their own people. if she wants to keep something safe, then the bank could be the best option. if he wants to invest quickly, then bitcoin can do, or can be a gold investment to be more safe.

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Quote from: utkarshm on August 02, 2016, 03:58:05 AM

Quote from: CrimBit on August 02, 2016, 03:56:12 AM

The better to save money in bank because our money in the bank secured, real estate and gold is a very attractive investment because of the resale price of the two products will not be too detrimental to us when we are in need of funds.

yes at start saving is good but after a good amount is collected then it is the time to do investment with them and grow your savings.

Absolutely because you cannot save forever with a specific direction, we save mostly to prepare for our future and investment is part of them as only investment when successful where we are experience a comfortable life.

utkarshm

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Quote from: CrimBit on August 02, 2016, 03:56:12 AM

The better to save money in bank because our money in the bank secured, real estate and gold is a very attractive investment because of the resale price of the two products will not be too detrimental to us when we are in need of funds.

yes at start saving is good but after a good amount is collected then it is the time to do investment with them and grow your savings.

CrimBit

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The better to save money in bank because our money in the bank secured, real estate and gold is a very attractive investment because of the resale price of the two products will not be too detrimental to us when we are in need of funds.

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Quote from: goldcoinminer on August 02, 2016, 02:23:52 AM

Quote from: sirohige on August 02, 2016, 01:16:03 AM

if we manage our money, maybe 30% invest and 70% im sure, we can make our investment more secure, example
we invest $3000 for buying bitcoin at price $600 and save $7000 at bank account, if bitcoin price rising $1000 we can sell our bitcoin and if bitcoin price fail to $300 we can buy back $3000 then if bitcoin price rising to $600 again we can get profit $3000
Roll Eyes

Well, it is actually a good plan you are sharing right here, we should have a definite plan in order for us to effectively initiate our actions towards savings and investing, the real principle should still be practice here which is to buy low and sell high, and to always invest what you can afford to lose.

invest and saving is diffirent way, but if you see my plan, to save for buying bitcoin at lower price and invest for selling in higher price it's very easy to manage our money. some people not ready to lose his money, each way to growing our money , you will find the risk behind it. so we must ready for each condition.

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Quote from: Sturgeon on August 02, 2016, 02:34:24 AM

invest at bitcoin and holding it until reach price $100.000 Cool

You cannot just do that without a definite time, what if after 100 years the price will not achieve yet? In that case, are you still holding your bitcoins? As a real investor we should have a good plan in investing and follow that regardless of the outcome of our investment.

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invest at bitcoin and holding it until reach price $100.000 Cool

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Quote from: sirohige on August 02, 2016, 01:16:03 AM

if we manage our money, maybe 30% invest and 70% im sure, we can make our investment more secure, example
we invest $3000 for buying bitcoin at price $600 and save $7000 at bank account, if bitcoin price rising $1000 we can sell our bitcoin and if bitcoin price fail to $300 we can buy back $3000 then if bitcoin price rising to $600 again we can get profit $3000
Roll Eyes

Well, it is actually a good plan you are sharing right here, we should have a definite plan in order for us to effectively initiate our actions towards savings and investing, the real principle should still be practice here which is to buy low and sell high, and to always invest what you can afford to lose.

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