Is it better to save money or invest it? - page 527.

darewaller

hero member

Activity: 2898

Merit: 639

Quote from: klf on April 11, 2016, 05:26:02 AM

Quote from: uncaer9 on April 11, 2016, 04:46:55 AM

Quote from: Xialla on April 11, 2016, 03:49:15 AM

saving money is also kind of investment - to fiat itself. so your question doesn't makes so much sense:(

i think he want to say, wich is better betwen saving money at bank and spend it his money to buying something (gold, bitcoin etc.) for investment.

but saving money itself is like you investing your money at your country.

But I think you understood saving meaning wrongly. Saving money may help you when you need of money but it will not grow your money. Only in some countries, bank FD's will get some % interest but you need to consider inflation means over the time your savings value may go down. So you need to find a ways to increase your money either investing in any good products like gold or bitcoins or property.

But you can also easily use your money invested in bitcoin any time you need, you money is invested in the form of bitcoin it is increasing in amount and it is in your control that whenever you need it you can directly use them as your saved money.

cazkooo

legendary

Activity: 1540

Merit: 1013

Quote from: CrimBit on April 13, 2016, 08:22:02 PM

for me i will choose both of them, but in fact it's very hard to save money, im trying save 0.07/week to my paper wallet, but i redeem it after reach 0.4btc and use it to backup my trading altcoin.

This is one of the most ridiculuos things to read . If you are planning to save something into a paper wallet and do so without the urge of using it back after few weeks. There is no point in saving with the paper wallet if you will take it out again , there is much more convenience things to be used

draceus

sr. member

Activity: 245

Merit: 250

Quote from: Newcoins2020 on April 13, 2016, 05:59:25 AM

Quote from: ElpadroBitcoin on April 13, 2016, 05:42:10 AM

If you are doing both is the best thing that you can do because with saving money you will never lose some money and that is nice and investing you can earn some money.
But the only thing with investing is that you never know what the value will be and that can takes a long time until the price will rise.

I think its good do both indeed because you can make profit by that by doing it both in my opinion.
Investing is also very good these days because of the future the bitcoin itself has.

yeah I agree with you friend is it better to save money or invest for future good when you have some money first you make yourself future for me . I think bitcoin is good for save money and invest for future and who have some bitcoin . he future is bright .

CrimBit

hero member

Activity: 672

Merit: 500

for me i will choose both of them, but in fact it's very hard to save money, im trying save 0.07/week to my paper wallet, but i redeem it after reach 0.4btc and use it to backup my trading altcoin.

knowhow

hero member

Activity: 560

Merit: 500

Quote from: erwin45hacked on April 13, 2016, 10:49:07 AM

Quote from: knowhow on April 13, 2016, 10:42:26 AM

Well all people saying that the halving is the main reason to invest at bitcoin this year,if the price dont cross the 500 dollars what people would think about it?Anyway sure we must take now some risk investing at bitcoin ,and we can collect amazing rewards.

Id rather choose that the price stays as it is. The current price is actually much better than a $500 floor because with such huge increase which is around 25 % of the current price there is a huge risk that it will drop as fast as it goes up so personally Id rather choose the price to be stable as it currently is

I dont know till where the halving price may been present already,at the 400 dollars,but well the people were able to make 33% to 80% from last year to this one.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: knowhow on April 13, 2016, 10:42:26 AM

Well all people saying that the halving is the main reason to invest at bitcoin this year,if the price dont cross the 500 dollars what people would think about it?Anyway sure we must take now some risk investing at bitcoin ,and we can collect amazing rewards.

Id rather choose that the price stays as it is. The current price is actually much better than a $500 floor because with such huge increase which is around 25 % of the current price there is a huge risk that it will drop as fast as it goes up so personally Id rather choose the price to be stable as it currently is

knowhow

hero member

Activity: 560

Merit: 500

Well all people saying that the halving is the main reason to invest at bitcoin this year,if the price dont cross the 500 dollars what people would think about it?Anyway sure we must take now some risk investing at bitcoin ,and we can collect amazing rewards.

Piltover

sr. member

Activity: 364

Merit: 250

Its better to do this both because people already said this if the bitcoin is not going to the right direction you still will have some money that you have saved for accidental things like this.
Overall I think the bitcoin has a good future, this year for sure because of the halving so investing is not bad these days.

barbara44

hero member

Activity: 2520

Merit: 605

Quote from: martinacar on April 13, 2016, 03:35:21 AM

Quote from: adibe on April 12, 2016, 12:38:13 PM

Quote from: SquallLeonhart on April 12, 2016, 11:33:20 AM

Quote from: andycarrol on April 12, 2016, 11:28:17 AM

Quote from: KennyR on April 10, 2016, 09:53:21 PM

Quote from: znickelbackz on April 10, 2016, 12:53:52 PM

Quote from: andycarrol on April 10, 2016, 12:41:27 PM

Quote from: rababo on April 09, 2016, 11:41:01 PM

I do both.
Half of my money goes to investments, and rest of my money is for savings.
This way I feel it's the best for me.

Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks.

and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest.

Without taking risk you can't fulfil your thirst of earning more. Yeah both were required because if you save or invest major earning, you feel difficulty with present time living. Everything needs to be done to a limit to have a healthy and wealthy living.

we did have to take a risk. but we must also consider the impact if we put all our money for investment.
because if we do not take risks, we do not know whether we will succeed or fail.

Each and every investment comes with an risk, no investment promises us success in future, its an individual decision either to for savings or an investments.

Yeah you are right, every investment always have a risk. That's why you need to do research before you invest on that thing. And i think you also need to save money. maybe like half for save money andn half for invest.

Indeed, I think you need to do it both to really have success because with doing it both its not very bad if you lose money by investing.
Its not very simple do it both of course but its possible for sure.

It is true that investing takes risks. But don't forget that saving up bitcoins takes risk as well. We are not completely sure of the future of bitcoins therefore we should always take extra precautions whether investing or saving bitcoins.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: CryptoBjorn on April 13, 2016, 05:11:48 AM

I think its better to invest these days because of the halving that is coming this year, it will be very good.
I really think this will be the year of the bitcoin because of the fact that its growing very fast in users and also the halving that makes it complete this year.

Another halving reason that's why we need to invest. Really a lol.

Support your life mate to secure your future even when there's no big event. And this topic is in general and not only in bitcoin.

Newcoins2020

sr. member

Activity: 406

Merit: 250

Quote from: ElpadroBitcoin on April 13, 2016, 05:42:10 AM

If you are doing both is the best thing that you can do because with saving money you will never lose some money and that is nice and investing you can earn some money.
But the only thing with investing is that you never know what the value will be and that can takes a long time until the price will rise.

I think its good do both indeed because you can make profit by that by doing it both in my opinion.
Investing is also very good these days because of the future the bitcoin itself has.

ElpadroBitcoin

sr. member

Activity: 336

Merit: 250

If you are doing both is the best thing that you can do because with saving money you will never lose some money and that is nice and investing you can earn some money.
But the only thing with investing is that you never know what the value will be and that can takes a long time until the price will rise.

CryptoBjorn

hero member

Activity: 714

Merit: 500

I think its better to invest these days because of the halving that is coming this year, it will be very good.
I really think this will be the year of the bitcoin because of the fact that its growing very fast in users and also the halving that makes it complete this year.

Exotica111

full member

Activity: 157

Merit: 100

in my opinion invest is the better way.but finding a good platform for investing is hard.need too much research and time.

martinacar

sr. member

Activity: 462