Is it better to save money or invest it? - page 612.

blackmachinegun

hero member

Activity: 532

Merit: 500

Quote from: winspiral on December 27, 2015, 03:35:59 AM

saving bitcoin is extremely risky because if the price fall...you have lost.

Investing is better ...of course not in risky investment systems...

if you invest with profit...so you lose less if price of BTC fall and earn more if price of BTC increases

but any saving bitcoin that can profit, namely is holding, but its can take a long time, maybe 5-10 year to take the effect

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

saving bitcoin is extremely risky because if the price fall...you have lost.

Investing is better ...of course not in risky investment systems...

if you invest with profit...so you lose less if price of BTC fall and earn more if price of BTC increases

avw1982

hero member

Activity: 644

Merit: 500

Quote from: quentincole32 on December 27, 2015, 02:17:02 AM

Quote from: Adam1395 on December 26, 2015, 05:44:33 PM

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 would suggest to invest but not online as you can invest in real estate umm I would personally recommend not to invest in gold and even if you want to you must hedge your investment.

We need both I think, half for investment and the rest for savings.
You always can make an investment online as long as you carefully choose the investment service, because you know many scam investment company popping up.
Real company investment always recommended btw.

Yup Investment up to own consideration and our wish. In bitcoin investment is no need I feel. As a long term goal Better to investing anything Just save your bitcoins. Don.t let it go from you because Now we are seeing price which is not a perfect value for bitcoins. As per satoshi’s calculations Bitcoin will reach up to 10000$ in the 2050. Wait and win.

quentincole32

hero member

Activity: 518

Merit: 500

Quote from: Adam1395 on December 26, 2015, 05:44:33 PM

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 would suggest to invest but not online as you can invest in real estate umm I would personally recommend not to invest in gold and even if you want to you must hedge your investment.

We need both I think, half for investment and the rest for savings.
You always can make an investment online as long as you carefully choose the investment service, because you know many scam investment company popping up.
Real company investment always recommended btw.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

PredX - AI-Powered Prediction Market

Quote from: bitcoin-hunter on December 26, 2015, 03:29:58 PM

The more you save the more you can spend in the future. Most investments are not flexible.
If you need you money you will hae to sell at loss.

For me flexibility is very important.

That is true as well, but if he really wants to increase his income better invested money, because if it is stored in the bank, every month the money will be cut off from the bank tax

bitcoinmar

hero member

Activity: 812

Merit: 500

Quote from: Adam1395 on December 26, 2015, 05:44:33 PM

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 would suggest to invest but not online as you can invest in real estate umm I would personally recommend not to invest in gold and even if you want to you must hedge your investment.

If you want to invest then best way is divide in 3 ways and invest some in Bitcoin some in Gold and some in other purpose like property or stock exchange but for this all you need some good information and just invest which you can afford

Adam1395

newbie

Activity: 28

Merit: 0

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 would suggest to invest but not online as you can invest in real estate umm I would personally recommend not to invest in gold and even if you want to you must hedge your investment.

bitcoin-hunter

sr. member

Activity: 364

Merit: 250

The more you save the more you can spend in the future. Most investments are not flexible.
If you need you money you will hae to sell at loss.

For me flexibility is very important.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: nickhiggins123 on December 26, 2015, 10:51:56 AM

Speaking from my own experience, granted I am not as lucky as others I have seen on this forum. It is far better to save your BTC then to invest your $ or BTC into anything. The only time I have personally been successful is when I have locked up my bitcoins in cold storage(which are the only thing still growing in value Tongue

). Every time I try to grow my bits, it backfires and I get annihilated while the price of BTC continues to climb over a period of time.

Locking btc into cold storage is not always a good option. There are some times that the price could be as high as now and crash alot like 30 minutes ago so if you lock your btc down then you cant enjoy selling it high and buy it back cheaper , therefore no profit for you to make

nickhiggins123

sr. member

Activity: 285

Merit: 250

Speaking from my own experience, granted I am not as lucky as others I have seen on this forum. It is far better to save your BTC then to invest your $ or BTC into anything. The only time I have personally been successful is when I have locked up my bitcoins in cold storage(which are the only thing still growing in value Tongue

). Every time I try to grow my bits, it backfires and I get annihilated while the price of BTC continues to climb over a period of time.

kyrios_

full member

Activity: 210

Merit: 100

Quote from: Kevin77 on December 26, 2015, 05:10:28 AM

Quote from: Bought on December 26, 2015, 01:42:59 AM

Saving money is a waste of time, as time passes it looses its value hence amount you posess. Invest, that's the main way of making money.

Yes saving money without interests just in safe box kind of thing must be a devaluing buying capacity of your money. If you invest your money, then it will work for you. There are many possible way of investing money with bitcoin ecosystem. Cloud mining must be a one of the greatest choice to make our money working for us.

the deflationary nature of Bitcoin may change the need for investing. generally normal fiat lose value due to inflation, saving itself will cause u to lose koney. bitcoin however does not have this problem hence, less of a need to invest.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: Bought on December 26, 2015, 01:42:59 AM

Saving money is a waste of time, as time passes it looses its value hence amount you posess. Invest, that's the main way of making money.

Yes saving money without interests just in safe box kind of thing must be a devaluing buying capacity of your money. If you invest your money, then it will work for you. There are many possible way of investing money with bitcoin ecosystem. Cloud mining must be a one of the greatest choice to make our money working for us.

kyrios_

full member

Activity: 210

Merit: 100

Quote from: ermis1975 on December 24, 2015, 11:15:52 AM

Hourly mine has phone number, addres etc and seems like to be an investment company. I try to withdraw from there to sea if its ok.

evaluate it for yourself. phone number address can be faked. at least look for some proof of operation

Bought

sr. member

Activity: 266

Merit: 250

Saving money is a waste of time, as time passes it looses its value hence amount you posess. Invest, that's the main way of making money.

avw1982

hero member

Activity: 644

Merit: 500

Quote from: extrabyte on December 23, 2015, 03:36:43 PM

I prefer more to invest or trade, i just don't want to see the bitcoins or money staying at the same place for a long time so better if you have where to invest or trade then try a little bit.

In trading We can earn some good amount and better profit as well but the problem its too much risky like gambling We can invest in trading and we are doing trading If any cheat or scam us. thats the problem for us Invest also will waste. So think many time and decide dude.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: KenR on December 25, 2015, 01:42:57 PM

Totally agree with you there! Ponzi as the name says It will dump you today/tomorrow or right after the moment you deposit your money.Gambling is still a better option as you might just hit the luck and have wins but ponzi is no chance at all.

This is one of the case where the cure is worse than the disease. I would agree with your claim that any normal minded person should stay away from the ponzis. Even if you manage to get some profits out of a ponzi scheme (by chance), remember that your profits came at the expense of the others. But gambling is equally bad. I am active here in Bitcointalk for the last 3-4 years. And I have seen posts by dozens of users, whose lives were ruined as a result of their addiction to gambling.

hawkins

hero member

Activity: 1204

Merit: 500

this time it's better to save it used to be, so many investments that can not be trusted in today's virtual world, but if you want to invest it better to invest in the real world, so it is very easy to control if an error occurred

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: diodio5 on December 24, 2015, 11:05:29 AM

Quote from: Nameless Coin on December 24, 2015, 09:14:26 AM

Quote from: diodio5 on December 24, 2015, 08:45:45 AM

Quote from: ermis1975 on December 23, 2015, 05:26:20 PM

What do you think about investing in sites like hourlymine.com ? Is it a ponzi? Any experience?

hmmm i think ponzi is good for you if you join in beginning of site,
I mean find ponzi sites that are still new, so it's likely a scam still long

Their name sound like a ponzi/scam.
When it comes to website investments. I never invest if there is no address/ phone number and real proof they actually own those hash in the form of a video of photo's of their mining equipment.

sometimes ponzi scheme can be very profitable for you, I've been profit more than 0.5 btc from double bitcoin site, you have to be smart, to get profit around ponzi

even if you are the smartest person here on bitcointalk, even then you can't predict anything regarding a ponzi. you never know when the creators of the ponzi will stop everything, they can do it at any moment they want. it just depends on when they find they have stolen enough money from people. then they shut down and run.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: troleybüs on December 25, 2015, 01:17:49 PM

Quote from: diodio5 on December 24, 2015, 11:05:29 AM

Quote from: Nameless Coin on December 24, 2015, 09:14:26 AM

Quote from: diodio5 on December 24, 2015, 08:45:45 AM

Quote from: ermis1975 on December 23, 2015, 05:26:20 PM

What do you think about investing in sites like hourlymine.com ? Is it a ponzi? Any experience?

hmmm i think ponzi is good for you if you join in beginning of site,
I mean find ponzi sites that are still new, so it's likely a scam still long

Their name sound like a ponzi/scam.
When it comes to website investments. I never invest if there is no address/ phone number and real proof they actually own those hash in the form of a video of photo's of their mining equipment.

sometimes ponzi scheme can be very profitable for you, I've been profit more than 0.5 btc from double bitcoin site, you have to be smart, to get profit around ponzi

Please don't give people wrong impressions. A ponzi is a ponzi. It's the most risky gambling method. People shouldn't use ponzi sites at all. There are better ways to waste money. Ponzi is not one of them.

But in the end, it's still those people who owns their money who decides what to do with their money after all. You can advice but if they want to be involved in such a risky method of growing money, let them. Roll Eyes

There are ways to get profit from it; it's just that most of the time you are tend to lose your money rather than earn something from it.

KenR

hero member

Activity: 910

Merit: 1000

「きみはこれ&#

Quote from: troleybüs on December 25, 2015, 01:17:49 PM

Please don't give people wrong impressions. A ponzi is a ponzi. It's the most risky gambling method. People shouldn't use ponzi sites at all. There are better ways to waste money. Ponzi is not one of them.

Totally agree with you there! Ponzi as the name says It will dump you today/tomorrow or right after the moment you deposit your money.Gambling is still a better option as you might just hit the luck and have wins but ponzi is no chance at all.

Topic: Is it better to save money or invest it? - page 612. (Read 1181208 times)