Is it better to save money or invest it? - page 518.

DavidoAlto

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Quote from: Shibashi Dogemoto on April 24, 2016, 02:58:47 AM

Quote from: gilangIDR on April 24, 2016, 02:18:43 AM

if you choose an investment then you can increase the amount of your bitcoin. and if you just keep the bitcoin then you will not be able to increase the amount of money you have. choose according to your wishes and capabilities. if given the choice I would invest all the money I had.

Investing money in bitcoin right now is the best thing to do as you can earn best returns by selling at the time of halving, so I am investing my money in bitcoin now.

With saving money you are not earning money and that is the only bad thing with saving money, so if you want to make money you have to make an investment.

And it is not that bad now to make an investment because the value is not high now so your chance is higher that you can earn more profit later in the future.

n0ne

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SecureShift.io | Crypto-Exchange

Quote from: JessicaSe on April 24, 2016, 10:50:33 AM

Quote from: randy8777 on April 24, 2016, 09:49:46 AM

Quote from: arwin100 on April 24, 2016, 08:15:26 AM

Quote from: KennyR on April 24, 2016, 08:07:35 AM

Quote from: terman45x on April 24, 2016, 04:26:32 AM

Quote from: bamboylee on April 24, 2016, 03:49:37 AM

Quote from: angryrob on April 17, 2016, 08:49:46 PM

Quote from: Hellacopter on April 17, 2016, 10:41:10 AM

Quote from: bob123 on April 17, 2016, 09:17:09 AM

Saving money at bank is a bad idea due to the inflation.

Either invest in bitcoin or for example a company.

Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea.
But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable.

That's good banks are providing only 8% to 10% yearly and there are many difficult but If you are investing your money in bitcoin then it will give you more than profit soon because its price is always going down or rising up than time you can buy and sell.   

It is already too high if the bank is giving 8% interest. I think it is only 1.25 % in our country. That is too low compared to what you can get if you invest in bitcoin. Or just make bitcoin as your savings account and hold it.

Saving money in bitcoin is always better in compare to saving in banks, as the interest rates are too low and in future it will hold no value due to higher inflation rate.

Yeah saving bitcoin is better, try to save as much because it gives big profit at the time of halving or the days of gradual rise. Investing gives periodical earning as interest for invested bitcoin.

Yeah saving bitcoin for now is excelent idea but i think it is to early to save all and wait for miracle. Because it is early before halving comes try to invest your money in tradings by that you can multiply your money easily im short time proper monitoring is a must and also you can invest your monry in short term hyip. Invest on new site and if you earn dont turn back and invest again and look for another new one.

simply holding your coins in your wallet is the best possible method for people that don't have the trading skills to make profit. they shouldn't even bother to use their coins for trading purposes as they will surely end up with losses. holding is easy and risk free as you don't have to do anything.

Yeah holding the coins seems to be great at a moment and as you said there is no risk involved in holding as you can sell it when the price goes higher at the time of halving.

These days holding looks to be effective than going behind other methods as the price rise is continuing. Even short term holding benefits users much rather than holding for a long time.

WEBcreator

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Activity: 840

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Quote from: minionsgelato on April 25, 2016, 01:10:16 AM

better to save money in the bank than invest it online (too much risk)

Every online investment is actually a stupid investment and people just cant stop supporting this stuff up. There is no online investment and there is noone that will give you money for free in the internet, if someone offer this stuff up then people should wake these people up from their dream pf getting rich with this method

minionsgelato

hero member

Activity: 599

Merit: 500

better to save money in the bank than invest it online (too much risk)
but better to invest money in real estate or gold than save money in the bank (in the case if you still have a lot of money after you are done paying all your fees & insurances, if not too much money left... invest it to gold or bitcoin is a great choice)

JessicaSe

legendary

Activity: 840

Merit: 1000

Quote from: randy8777 on April 24, 2016, 09:49:46 AM

Quote from: arwin100 on April 24, 2016, 08:15:26 AM

Quote from: KennyR on April 24, 2016, 08:07:35 AM

Quote from: terman45x on April 24, 2016, 04:26:32 AM

Quote from: bamboylee on April 24, 2016, 03:49:37 AM

Quote from: angryrob on April 17, 2016, 08:49:46 PM

Quote from: Hellacopter on April 17, 2016, 10:41:10 AM

Quote from: bob123 on April 17, 2016, 09:17:09 AM

Saving money at bank is a bad idea due to the inflation.

Either invest in bitcoin or for example a company.

Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea.
But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable.

That's good banks are providing only 8% to 10% yearly and there are many difficult but If you are investing your money in bitcoin then it will give you more than profit soon because its price is always going down or rising up than time you can buy and sell.

It is already too high if the bank is giving 8% interest. I think it is only 1.25 % in our country. That is too low compared to what you can get if you invest in bitcoin. Or just make bitcoin as your savings account and hold it.

Saving money in bitcoin is always better in compare to saving in banks, as the interest rates are too low and in future it will hold no value due to higher inflation rate.

Yeah saving bitcoin is better, try to save as much because it gives big profit at the time of halving or the days of gradual rise. Investing gives periodical earning as interest for invested bitcoin.

Yeah saving bitcoin for now is excelent idea but i think it is to early to save all and wait for miracle. Because it is early before halving comes try to invest your money in tradings by that you can multiply your money easily im short time proper monitoring is a must and also you can invest your monry in short term hyip. Invest on new site and if you earn dont turn back and invest again and look for another new one.

simply holding your coins in your wallet is the best possible method for people that don't have the trading skills to make profit. they shouldn't even bother to use their coins for trading purposes as they will surely end up with losses. holding is easy and risk free as you don't have to do anything.

Yeah holding the coins seems to be great at a moment and as you said there is no risk involved in holding as you can sell it when the price goes higher at the time of halving.

randy8777

legendary

Activity: 896