Is it better to save money or invest it? - page 493.

eddyubachs

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Quote from: saiha on May 19, 2016, 05:19:19 AM

Quote from: maudevang on May 19, 2016, 05:13:58 AM

Quote from: saiha on May 19, 2016, 04:47:51 AM

Quote from: Marbit on May 19, 2016, 04:36:22 AM

I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

Saving money in the bank will get you somehow a small interest but still it is a very small gain. But if you are going to hold your bitcoin to your btc wallet there would be a moving in the price the bitcoin also that you are holding will increase, if the price increased, but if the price decrease. Your btc also will increase.

With investing in Bitcoin you can earn more money with it and that is perfect when the price is going to rise in the future but you are not for sure that it will rise.
And saving money will be always good so if you want to earn more money later than you have to make an investment.

I agree with that fact, investing with bitcoin by means of trading will really get a you an absolute profit if you are good in trading but still there are other ways of investing of money you just need to have a trusted people for it.
Having a saving while on a investment a really good back up to your financial.

I think physical investments are better then online investments, there is a trust and belief that you will not get cheated, but online investments cannot be trusted as majority of them are ponzi.

saiha

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Quote from: maudevang on May 19, 2016, 05:13:58 AM

Quote from: saiha on May 19, 2016, 04:47:51 AM

Quote from: Marbit on May 19, 2016, 04:36:22 AM

I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

Saving money in the bank will get you somehow a small interest but still it is a very small gain. But if you are going to hold your bitcoin to your btc wallet there would be a moving in the price the bitcoin also that you are holding will increase, if the price increased, but if the price decrease. Your btc also will increase.

With investing in Bitcoin you can earn more money with it and that is perfect when the price is going to rise in the future but you are not for sure that it will rise.
And saving money will be always good so if you want to earn more money later than you have to make an investment.

I agree with that fact, investing with bitcoin by means of trading will really get a you an absolute profit if you are good in trading but still there are other ways of investing of money you just need to have a trusted people for it.
Having a saving while on a investment a really good back up to your financial.

bamboylee

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Quote from: CoinSiteDesigner on May 18, 2016, 09:30:53 AM

Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

If project that you're investing guarantees a sure profits, then yeah. It's better to invest there, but does it give you any guarantee that it will increase or even multiply?

There are chances for it to drop and has no value and endup lose everything you had and get broke.

It's better you do both, saving some as a back up and investing some to multiply.

It is part of investing. Risk of losing will always be there. The important thing is, you study the investment first and make sure it is in good standing. That way, you minimize the risk of losing your money. Also, always save a part of your money as a rainy day fund so you can have something when all things go wrong.

maudevang

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Quote from: saiha on May 19, 2016, 04:47:51 AM

Quote from: Marbit on May 19, 2016, 04:36:22 AM

I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

Saving money in the bank will get you somehow a small interest but still it is a very small gain. But if you are going to hold your bitcoin to your btc wallet there would be a moving in the price the bitcoin also that you are holding will increase, if the price increased, but if the price decrease. Your btc also will increase.

With investing in Bitcoin you can earn more money with it and that is perfect when the price is going to rise in the future but you are not for sure that it will rise.
And saving money will be always good so if you want to earn more money later than you have to make an investment.

saiha

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Quote from: Zooplus on May 19, 2016, 04:50:18 AM

Quote from: Marbit on May 19, 2016, 04:36:22 AM

I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

Saving is bad if you save your money in the bank because it can be affected with inflation, the best way to do it both saving and investment is putting your money in bitcoin wallet. You will not encounter problem because you can still withdraw it 24/7 and with some addition of interest due to the increasing price of bitcoins.

No problem with the inflation it will just remain on how much you save with the bank it will retain. And your suggestion is good, to do it at the same
both saving and investing, that can support your investment if you have saved money and you will gonna have problem if you investment came to down fall because you can just start up again.

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Quote from: Marbit on May 19, 2016, 04:36:22 AM

I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

Saving is bad if you save your money in the bank because it can be affected with inflation, the best way to do it both saving and investment is putting your money in bitcoin wallet. You will not encounter problem because you can still withdraw it 24/7 and with some addition of interest due to the increasing price of bitcoins.

saiha

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Strength in Numbers

Quote from: Marbit on May 19, 2016, 04:36:22 AM

I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

Saving money in the bank will get you somehow a small interest but still it is a very small gain. But if you are going to hold your bitcoin to your btc wallet there would be a moving in the price the bitcoin also that you are holding will increase, if the price increased, but if the price decrease. Your btc also will increase.

Marbit

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I think if anybody save money it will not increase but if invest those money to proper way it will increase. So invest it to bitcoin online you will be gainer and rich soon

.

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Quote from: Zooplus on May 19, 2016, 04:10:09 AM

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Quote from: Schuyler on May 19, 2016, 03:02:34 AM

Better to invest once you have enough savings to serve as buffer if and when an emergency arises. Putting all your money in investments might not be good if one day you need to withdraw and you are still not earning from profits from it. The time it takes to withdraw money from mutual funds / stocks usually takes 3 banking days.

That is a good advise, that before investing you must have a good record of your savings. And if you think your savings is enough, then you could
startup a business and after that if the return of investment is fast. You could start another investment again.

Investing is risky because you need to manage it well in order for that to be successful, I am even also planning of investing in real business but I don't have that required capital yet, as of now while I am an employee I set aside some portion of my salary for future investment. I also plan to invest in bitcoin as it is affordable to invest and it can also be a form of savings.

The longer you wait, the higher the price will get. You can choose to buy yourself $50-$100 worth of Bitcoin each month. That will allow you to increase your coins each month.

Zooplus

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Quote from: Schuyler on May 19, 2016, 03:02:34 AM

Better to invest once you have enough savings to serve as buffer if and when an emergency arises. Putting all your money in investments might not be good if one day you need to withdraw and you are still not earning from profits from it. The time it takes to withdraw money from mutual funds / stocks usually takes 3 banking days.

That is a good advise, that before investing you must have a good record of your savings. And if you think your savings is enough, then you could
startup a business and after that if the return of investment is fast. You could start another investment again.

Investing is risky because you need to manage it well in order for that to be successful, I am even also planning of investing in real business but I don't have that required capital yet, as of now while I am an employee I set aside some portion of my salary for future investment. I also plan to invest in bitcoin as it is affordable to invest and it can also be a form of savings.

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Quote from: goinmerry on May 18, 2016, 08:11:36 PM

Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

Hell yeah if it can be trusted. But there are doubts in peoples heart that is why they save some for safety. In case something bad happen you got something to hold on to.

I have still doubt about investing since many scams are turning out of being trusted by many people but those are only dummy people created by that one person, and the risk is always there in investing.
That's why I would say, investing is good, but is you are going to save more that is better.

Schuyler

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Better to invest once you have enough savings to serve as buffer if and when an emergency arises. Putting all your money in investments might not be good if one day you need to withdraw and you are still not earning from profits from it. The time it takes to withdraw money from mutual funds / stocks usually takes 3 banking days.

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Quote from: Doms on May 18, 2016, 09:18:51 PM

Quote from: richardsNY on May 18, 2016, 08:04:18 PM

Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

Investing is always better than just leaving your money sleeping in a savings account where you get around 2-3% interest per year. The only benefit of this is that you won't have to take any risks as your money is secured to a certain amount. With investing you may end up with some losses if things don't go to plan.

From where I come from, you'd be lucky to find a bank that gives 2-3% interest per year on a savings account. Most offer just about 1%. Talk about your money being eroded by inflation. That is why I make it a point to invest in instruments that yield better than the inflation rate.

There are bank really that gives up to 3% of interest per annum but that is mostly for time deposits where they will restrict any withdrawals up to a certain period. For me, I am not buying that kind of thing because I found most profitable investing in bitcoins.

Doms

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Quote from: richardsNY on May 18, 2016, 08:04:18 PM

Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

Investing is always better than just leaving your money sleeping in a savings account where you get around 2-3% interest per year. The only benefit of this is that you won't have to take any risks as your money is secured to a certain amount. With investing you may end up with some losses if things don't go to plan.

From where I come from, you'd be lucky to find a bank that gives 2-3% interest per year on a savings account. Most offer just about 1%. Talk about your money being eroded by inflation. That is why I make it a point to invest in instruments that yield better than the inflation rate.

goinmerry

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Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

Hell yeah if it can be trusted. But there are doubts in peoples heart that is why they save some for safety. In case something bad happen you got something to hold on to.

richardsNY

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Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

Investing is always better than just leaving your money sleeping in a savings account where you get around 2-3% interest per year. The only benefit of this is that you won't have to take any risks as your money is secured to a certain amount. With investing you may end up with some losses if things don't go to plan.

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Quote from: Altcoinsupporter on May 18, 2016, 03:50:14 AM

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 dont know if you can life enough by using a smaller amount of cash each week it´s better to save your money instead
of investing it. But if you have allot of money and only doing stupid things with it you will have no regret of investing it in something.

I think people will not be able to survive when the only have a little money. so it would be nice if you could do on your own money growth and investing. most people get rich doing it. so it would be better if you do it too. become rich coming from a real movement. not just shut up and save

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Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

Yes, exactly, when you do smart and low risk investing then you can call it a type of investing too.

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Both of these is very good mate, sometimes we should holding our bitcoin and the other times invest it to the profitable company. Both of these will give you many benefits if you do.

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Quote from: GamingBro on May 18, 2016, 09:23:52 AM

For me investing is always better, cause i can't see any sense to keep your money on same level everytime, always better to increase or even multiply it.

If project that you're investing guarantees a sure profits, then yeah. It's better to invest there, but does it give you any guarantee that it will increase or even multiply?

There are chances for it to drop and has no value and endup lose everything you had and get broke.

It's better you do both, saving some as a back up and investing some to multiply.

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