Is it better to save money or invest it? - page 498.

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Quote from: pocarime32 on May 16, 2016, 04:35:46 AM

Quote from: oHnK on May 16, 2016, 02:32:24 AM

Quote from: saiha on May 16, 2016, 01:28:38 AM

At first, I don't believe on this halving, but by reading different comments here I understand that saving is also a form of investment when it comes to bitcoin. I'm also waiting for it and hoping that it would be profitable even I have small amount of bitcoin.

You still dont understand anything about it. Halving is nothing more than a hype, hype to make people keep on buying bitcoin so the price will be higher than usual. The problem is that people will dump once the price is high enough and some people will be losing instead of getting profit

But still, i think halving will make the price of bitcoin increase and invest for now it's really good before halving come. It's like save your money too.

Bitcoin price will surely increase in halving. and people will get profit who saved their btc instead of investment.. but it doesn't mean that investment is completely useless or none profitable. personally I think investment is still better then only saving. halving still have 2 months to come if we invest in a good source we can make more and can increase our exist bitcoin at the rime of halving.

pocarime32

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Quote from: oHnK on May 16, 2016, 02:32:24 AM

Quote from: saiha on May 16, 2016, 01:28:38 AM

At first, I don't believe on this halving, but by reading different comments here I understand that saving is also a form of investment when it comes to bitcoin. I'm also waiting for it and hoping that it would be profitable even I have small amount of bitcoin.

You still dont understand anything about it. Halving is nothing more than a hype, hype to make people keep on buying bitcoin so the price will be higher than usual. The problem is that people will dump once the price is high enough and some people will be losing instead of getting profit

But still, i think halving will make the price of bitcoin increase and invest for now it's really good before halving come. It's like save your money too.

sirohige

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Quote from: oHnK on May 16, 2016, 02:32:24 AM

Quote from: saiha on May 16, 2016, 01:28:38 AM

At first, I don't believe on this halving, but by reading different comments here I understand that saving is also a form of investment when it comes to bitcoin. I'm also waiting for it and hoping that it would be profitable even I have small amount of bitcoin.

You still dont understand anything about it. Halving is nothing more than a hype, hype to make people keep on buying bitcoin so the price will be higher than usual. The problem is that people will dump once the price is high enough and some people will be losing instead of getting profit

halving make bitcoin price rising because the reward will be reduce and this is make miner can't ROI . and make the profit reduce, so miner will buying a lot bitcoin before bitcoin halving.

oHnK

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Quote from: saiha on May 16, 2016, 01:28:38 AM

At first, I don't believe on this halving, but by reading different comments here I understand that saving is also a form of investment when it comes to bitcoin. I'm also waiting for it and hoping that it would be profitable even I have small amount of bitcoin.

You still dont understand anything about it. Halving is nothing more than a hype, hype to make people keep on buying bitcoin so the price will be higher than usual. The problem is that people will dump once the price is high enough and some people will be losing instead of getting profit

saiha

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Quote from: Zooplus on May 16, 2016, 12:50:48 AM

Quote from: boyptc on May 16, 2016, 12:32:22 AM

Quote from: brianlee01 on May 15, 2016, 10:44:07 PM

I can say that you must save it if you have many input to get bitcoins and Invest in trusted site if you have little input.

Saving today to your bitcoin wallet would be also considered as an investment already for te upcoming bitcoin halving.
Once the bitcoin price increases you can get profit from it.

I agree and I would say that it is the best way, imagine you account in your wallet will grow with a considerable amount that any banks cannot offer. Saving a portion of your income would do actually as long as you dedicated you investment for a specific purpose and never spend it until you reach your projected time.

At first, I don't believe on this halving, but by reading different comments here I understand that saving is also a form of investment when it comes to bitcoin. I'm also waiting for it and hoping that it would be profitable even I have small amount of bitcoin.

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Quote from: boyptc on May 16, 2016, 12:32:22 AM

Quote from: brianlee01 on May 15, 2016, 10:44:07 PM

I can say that you must save it if you have many input to get bitcoins and Invest in trusted site if you have little input.

Saving today to your bitcoin wallet would be also considered as an investment already for te upcoming bitcoin halving.
Once the bitcoin price increases you can get profit from it.

I agree and I would say that it is the best way, imagine you account in your wallet will grow with a considerable amount that any banks cannot offer. Saving a portion of your income would do actually as long as you dedicated you investment for a specific purpose and never spend it until you reach your projected time.

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Quote from: brianlee01 on May 15, 2016, 10:44:07 PM

I can say that you must save it if you have many input to get bitcoins and Invest in trusted site if you have little input.

Saving today to your bitcoin wallet would be also considered as an investment already for te upcoming bitcoin halving.
Once the bitcoin price increases you can get profit from it.

brianlee01

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I can say that you must save it if you have many input to get bitcoins and Invest in trusted site if you have little input.

jt byte

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Quote from: Blitzboy on May 15, 2016, 10:08:03 PM

Investing for me is risky better to save and find a source of bitcoin so that you can increase the amount of your savings and wait for block halving and exchange your once the price is high..

I think that's what most are planning for betting their bitcoins on Wink

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Investing for me is risky better to save and find a source of bitcoin so that you can increase the amount of your savings and wait for block halving and exchange your once the price is high..

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Quote from: betohell on May 15, 2016, 08:14:53 PM

Quote from: GamingBro on May 15, 2016, 04:30:56 PM

It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.

yeah it depends on your financial condition if you still save a lot of money. better you divide some to be an investment, it would be more profitable for you

That should be the idea, by diversifying your investment you can minimize the risk and with that happening your profit will increase. The best way to do is invest in an online casino or just simply buy and hold bitcoins.

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Quote from: GamingBro on May 15, 2016, 04:30:56 PM

It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.

yeah it depends on your financial condition if you still save a lot of money. better you divide some to be an investment, it would be more profitable for you

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Quote from: Compa on May 15, 2016, 06:05:32 PM

If I have a lot of money, I dont think to save my money in the banks or at my house.
I will invest it or buy something to get profit in the future.

That is right, you should invest your money. But before you do that, you should have an emergency fund in a bank or saved somewhere. This is your fallback if ever your investments failed. This moneybcan save you a lot of headaches in the future.

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If I have a lot of money, I dont think to save my money in the banks or at my house.
I will invest it or buy something to get profit in the future.

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Quote from: oHnK on May 15, 2016, 12:54:12 PM

Quote from: umaOuma on May 15, 2016, 11:58:31 AM

Price rise and price fall will always be a part of bitcoin journey, if price falls you should not get panic and have faith that it will rise again in future.

No it isnt and price doesnt really determine the value of the investment. Once the world realize that bitcoin is far more than pump and dump stuff, we will be able to purchase things by using it and I mean alot of things rather than just some niche which means the price wont be any significant factor to worry about anymore

Price will always rise and fall. How you use it to your advantage is the key to it. Of course, the price will always be how you determine the value of an investment. That is why you invest, to get a higher price and more money.

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Quote from: CryptoBjorn on May 15, 2016, 04:59:20 PM

Quote from: GamingBro on May 15, 2016, 04:30:56 PM

It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.

From experience i have to say how i have made a plan to both profit and be have some security at the same time
-Invest a part of your money into stocks
-A part into more high risk assets where you can hold if your investment turn out to be a lost investment
-Make sure you deposit some money into a saving accounts with interest.

Its always good to diversify your investments and it will also reduce your risk, as even if one product fails the other product will take care of you in long run.

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Quote from: GamingBro on May 15, 2016, 04:30:56 PM

It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.

From experience i have to say how i have made a plan to both profit and be have some security at the same time
-Invest a part of your money into stocks
-A part into more high risk assets where you can hold if your investment turn out to be a lost investment
-Make sure you deposit some money into a saving accounts with interest.

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Quote from: GamingBro on May 15, 2016, 04:30:56 PM

It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.

I say depending where you live in the world this is very do-able.

But places like california or similar countries that have high tax rates its very unviable on what you mentioned unless you have large sums of money.

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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.

oHnK

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Quote from: umaOuma on May 15, 2016, 11:58:31 AM

Price rise and price fall will always be a part of bitcoin journey, if price falls you should not get panic and have faith that it will rise again in future.

No it isnt and price doesnt really determine the value of the investment. Once the world realize that bitcoin is far more than pump and dump stuff, we will be able to purchase things by using it and I mean alot of things rather than just some niche which means the price wont be any significant factor to worry about anymore

Topic: Is it better to save money or invest it? - page 498. (Read 1181210 times)