Is it better to save money or invest it? - page 476.

Cyaren

sr. member

Activity: 294

Merit: 250

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?

Definitely do not save it in a bank, whether online or offline, and however much interest it offers you. Gold seems legitimate, however keep in mind that it has no industrial uses and its monetary demand can cease any time. real estate is not real at all. It's just an agreement that you own the land of this country.

I think investing in bitcoin is the best thing you can do with your wealth. It can count both as a saving and a investing protocol.

avw1982

hero member

Activity: 644

Merit: 500

Quote from: Crazygreek on June 05, 2016, 02:50:21 PM

Saving money without increasing is stupid, investing your money without any savings also stupid, so better to find balance and choose both of them.

I always try to save money first and then invest in on a certain projects but do have this on mind that each project has a tendency to be a failure so never lose hope until you succeed , unfortunately my first project failed but i'm nearing on investing on my 2nd project with the hope of success this time and I am going to start a business with that money.

Enotche

full member

Activity: 196

Merit: 100

Quote from: ning_chang on June 06, 2016, 02:44:01 AM

If you have a lot of money, why not to try invest in bitcoin, Bitcoin has a great future. bitcoin price is so high so its better to invest it now, The longer the invest the higher the profiy you will gain

I totally agree! Recent movements in the economy and technology say that more people trust and believe in the future of Bitcoin. Global banks and traders among them, and their opinion should be trusted. Recent news suggests a large investment in Bitcoin, and therefore is expected to increase that we now see. Bitcoin has a good future.

ning_chang

full member

Activity: 210

Merit: 100

If you have a lot of money, why not to try invest in bitcoin, Bitcoin has a great future. bitcoin price is so high so its better to invest it now, The longer the invest the higher the profiy you will gain

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: Yakamoto on June 05, 2016, 10:57:13 PM

You have some money that you can live without, invest it. Make some sort of return on it in exchange for some portion of risk. The investment is up to you; gold stocks, bonds, whatever tickles your fancy and whatever you think you'll be able to walk away with.

Bitcoin, as of current, is a great growth stock and is definitely something that I would be looking more into if I had the additional funds to spend, but with the fiat economy in the shape it is, I have to refrain for now.

I totally agree, it is better to invest but only invest the money you can afford to lose. Everyone should be very wise in managing their money and don't just save as it is subject to inflation, invest and let your investment react with the real time market status.

Yakamoto

legendary

Activity: 1218

Merit: 1007

You have some money that you can live without, invest it. Make some sort of return on it in exchange for some portion of risk. The investment is up to you; gold stocks, bonds, whatever tickles your fancy and whatever you think you'll be able to walk away with.

Bitcoin, as of current, is a great growth stock and is definitely something that I would be looking more into if I had the additional funds to spend, but with the fiat economy in the shape it is, I have to refrain for now.

Ziskinberg

hero member

Activity: 2926

Merit: 636

Quote from: BitTyro on June 05, 2016, 09:52:04 PM

Saving and investing are two different thing. You need to save money first in order for you to be able to invest. Then, you can save your profit from your investments. It's always wise to have some savings before you go into investing. If you invest all your money and the market takes a wrong turn, you'll be left with nothing. Unlike if you have some savings, you can use that again to recover your losses when an opportunity presents itself.

That is true, but you can do the same thing with bitcoin. With simply buying bitcoins and putting your coins at your very own wallet that is already saving, the thing is you need to keep your personal information with extreme care so that it will not be hack.

While you are saving and doing nothing with your coins, the price of bitcoins will continue to rise and with it you can already earn some good profit from your savings which is considered already as investment.

BossMacko

hero member

Activity: 1134

Merit: 502

if you have money and don't know what to do with it, better to buy it for bitcoin
and wait for the price to go up til you know that you are going to profit when you sell it.
keeping the bitcoin in the bitcoin wallet is already a form of investing.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: goldcoinminer on June 05, 2016, 09:37:57 PM

Quote from: boyptc on June 05, 2016, 09:03:03 PM

Quote from: Crazygreek on June 05, 2016, 02:50:21 PM

Saving money without increasing is stupid, investing your money without any savings also stupid, so better to find balance and choose both of them.

Well if you are holding bitcoins today and you are a lot of it, waiting for the upcoming halving. And I think it can be counted as a kind of investment.
Since you are holding it just like saving it and you know you will have interest when the price increase and that's going to be a profit, just like what
investments give you back.

Buying now and waiting until the halving is done is easy money, I was even thinking I will be taking a short term long for 3 months with at least 10% interest over the term and invest that amount in bitcoins, I know it sounds risky but I believe in the halving so I would risk it for good.

That's a very profitable short term investment if you are going to do that for 3 months, don't doubt it because for sure you will get an instant profit
to it once the price of bitcoin pumps. Risk what you afford to. The chance of getting profit is in your hands, strategy and decision.

BitTyro

sr. member

Activity: 280

Merit: 250

Saving and investing are two different thing. You need to save money first in order for you to be able to invest. Then, you can save your profit from your investments. It's always wise to have some savings before you go into investing. If you invest all your money and the market takes a wrong turn, you'll be left with nothing. Unlike if you have some savings, you can use that again to recover your losses when an opportunity presents itself.

Doms

hero member

Activity: 714

Merit: 500

Quote from: harizen on June 05, 2016, 02:38:15 PM

Quote from: Ardenyham on June 05, 2016, 09:23:07 AM

Right Time is really important.. this is the time of Saving not for investment. if you invest your money some where you can't reach ROI at the time of halving, but if you save your money then you'll get solid profit when the price will increase.
so decide wisely. I am just saving my BTC and I suggest everyone to save and wait for halving.
but it doesn't mean that investment don't worth. you can invest also if you think you can get your money with profit back at the time of halving.

Then people can use their fiat money instead to start an investment. There are lots of investments available and not all investment can be seen on online investment. Real life investment is more profitable because it's an active one depends on the chosen investment.

Just save bitcoin if you care for the price.

Saving bitcoin, in itself, is already a form of investment, so that serves the purpose of saving and investing at the same time. Whether you are a fan of online investments or the traditional ones, just as long as you know how to handle the risks involved with all things related to investing, you will be able to profit in the long run.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: boyptc on June 05, 2016, 09:03:03 PM

Quote from: Crazygreek on June 05, 2016, 02:50:21 PM

Saving money without increasing is stupid, investing your money without any savings also stupid, so better to find balance and choose both of them.

Well if you are holding bitcoins today and you are a lot of it, waiting for the upcoming halving. And I think it can be counted as a kind of investment.
Since you are holding it just like saving it and you know you will have interest when the price increase and that's going to be a profit, just like what
investments give you back.

Buying now and waiting until the halving is done is easy money, I was even thinking I will be taking a short term long for 3 months with at least 10% interest over the term and invest that amount in bitcoins, I know it sounds risky but I believe in the halving so I would risk it for good.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Crazygreek on June 05, 2016, 02:50:21 PM

Saving money without increasing is stupid, investing your money without any savings also stupid, so better to find balance and choose both of them.

Well if you are holding bitcoins today and you are a lot of it, waiting for the upcoming halving. And I think it can be counted as a kind of investment.
Since you are holding it just like saving it and you know you will have interest when the price increase and that's going to be a profit, just like what
investments give you back.

DeDordtenaar

hero member

Activity: 518

Merit: 500

Quote from: Supercrypt on June 05, 2016, 12:49:11 PM

Quote from: Vaccomundus on June 04, 2016, 03:10:10 AM

i do both, right investment and right saving

Its strange why you will save bitcoins when you have a nice way to invest them ? I mean suppose you have 1 bitcoin then you will save 0.5 and invest 0.5 ? Its not understandable to me because if you get profits from 0.5 investment then you can also invest the other. And if there is a risk then why you would invest the 0.5 also ?

I think he has plans of its own? usually people will not use all of their money to invest? even though it is highly profitable investment? but I'm sure people will set aside a certain percentage of bitcoin to be kept in their wallets and it looks like it is a good plan dude ?

Blitzboy

hero member

Activity: 1316

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Quote from: Crazygreek on June 05, 2016, 02:50:21 PM

Saving money without increasing is stupid, investing your money without any savings also stupid, so better to find balance and choose both of them.

Yeah doing both is great invest your money and increase your bitcoin to make more profit once the price increase in double the price.. just like what will hapen after block halving.. and i am sure the price of bitcoin will be double.

Crazygreek

sr. member

Activity: 378

Merit: 251

Saving money without increasing is stupid, investing your money without any savings also stupid, so better to find balance and choose both of them.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Ardenyham on June 05, 2016, 09:23:07 AM

Right Time is really important.. this is the time of Saving not for investment. if you invest your money some where you can't reach ROI at the time of halving, but if you save your money then you'll get solid profit when the price will increase.
so decide wisely. I am just saving my BTC and I suggest everyone to save and wait for halving.
but it doesn't mean that investment don't worth. you can invest also if you think you can get your money with profit back at the time of halving.

Then people can use their fiat money instead to start an investment. There are lots of investments available and not all investment can be seen on online investment. Real life investment is more profitable because it's an active one depends on the chosen investment.

Just save bitcoin if you care for the price.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: Vaccomundus on June 04, 2016, 03:10:10 AM

i do both, right investment and right saving

Its strange why you will save bitcoins when you have a nice way to invest them ? I mean suppose you have 1 bitcoin then you will save 0.5 and invest 0.5 ? Its not understandable to me because if you get profits from 0.5 investment then you can also invest the other. And if there is a risk then why you would invest the 0.5 also ?

Ardenyham

legendary

Activity: 980

Merit: 1000

Don't Hesitate to Tip me for My Helps and Guides.

Quote from: Nandiwal on June 03, 2016, 02:10:33 PM

Its depend on your your own think. However these days bitcoin is going high and this is profitable for everyone. after halving price may be came down. So profit of investing in BTC depend on time duration.

Right Time is really important.. this is the time of Saving not for investment. if you invest your money some where you can't reach ROI at the time of halving, but if you save your money then you'll get solid profit when the price will increase.
so decide wisely. I am just saving my BTC and I suggest everyone to save and wait for halving.
but it doesn't mean that investment don't worth. you can invest also if you think you can get your money with profit back at the time of halving.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: dhimasnk on June 05, 2016, 09:00:38 AM

both have their own advantages and disadvantages. to choose should adjust to your needs

there is no need to choose when you can have the best of both worlds. it's fantastic to have open investments in whatever you prefer to get a certain percantage back on your investment. but it's also very important to have a buffer with savings for when you need it. that's why it's better to do 50% investments, and the other 50% will be your savings money. that's how i do it.

Topic: Is it better to save money or invest it? - page 476. (Read 1181210 times)