Topic: Is it better to save money or invest it? - page 674. (Read 1181208 times)
well sure but look at GREECE would you like to keep your savings into it with the current situation?I wouldnt for sure ,always investment a better result
banks arent soo safe as it loooks if all custumers went into bank at same time to withdraw own money they will know that the money isnt anymore there.
Nope, banks actually is the safest investment between all because it has a lowest risk compare to other investment, but because of interest from bank is too low, people move to investment, although its riskier but the payout is good enough compare to bank
It depends on where you are located. Saving your money in your bank is an easy option but not very lucrative.
In fact, I have read an article about banks who are going to charge negative interest rate on your savings account. Which is ridiculous of course.
I would choose for spreaded investments. Leave 70% of your money in your bank, and invest 15% in Bitcoin and the other 15% in something like a Bitcoin startup.
In fact, I have read an article about banks who are going to charge negative interest rate on your savings account. Which is ridiculous of course.
I would choose for spreaded investments. Leave 70% of your money in your bank, and invest 15% in Bitcoin and the other 15% in something like a Bitcoin startup.
It always makes sense to invest in small amounts in various accounts considering the inflation. Investing money in lands is also a very profitable option. The prices of lands have shot up but one needs to do some study and needs to be enterprising enough to see to it that the outcome of the investment is benefiting.
Do you ever really "save" money. Even if its in your local fiat or local bank you are invested in the strength of the currency or bank. If you are saving in bitcoin you are basically invested.
To answer the questions its better to keep track of where you are channeling your energys for the time period you are alive. There is no 100% safety ever.
Better to invest money saving in bank for long term is not good idea
especially if you're in the eurozone, and in a country that is aking to the greece situation, you should stay away from bank, they could be your tomb in the future
i'm trusting bitcoin now more than ever, and it look less risky than any bank
banks arent soo safe as it loooks if all custumers went into bank at same time to withdraw own money they will know that the money isnt anymore there.
Better to invest money saving in bank for long term is not good idea
dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
And a very good choice if you do not use all your money in one form of investment, because when the investment scam, we will not lose all of our bitcoin
Not all investment I guess, there are some that claim there are still reall investment out there that really pay you a lot, but the payout is really low so people wont come to it and start their investment. Nowadays people just want to get fast money without doing anything much. Btw why did you think that far? All investments sure got risk, if you dont dare to take it better dont invest on something
dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
And a very good choice if you do not use all your money in one form of investment, because when the investment scam, we will not lose all of our bitcoin
Not all investment I guess, there are some that claim there are still reall investment out there that really pay you a lot, but the payout is really low so people wont come to it and start their investment. Nowadays people just want to get fast money without doing anything much. Btw why did you think that far? All investments sure got risk, if you dont dare to take it better dont invest on something
well the more you have the less you wanna spend or pay for..... this happens in real life they wanna get more soo thing again about it..... i know several people this way they have money and they begin for a discount..... the people who works to pay normal life dont ask for discount they just pay .Im pretty sure all money we have ,part of it must go into some investment ,if money doesnt circulate well it can be called dead money same as crypto.
Saving in fiat is not possible, due to inflation. Saving in bitcoin is possible.
By the bolded part, do I get it correctly that you are saying saving in FIAT is not possible because inflation rate is much higher than the interest rate per annum? If it is so then the same thing could be applied to saving in BTC as well because the percentage of the price decline could be the same as inflation as well. Also that saving in BTC doesnt mean that someone will keep his savings in form of BTC forever as you might someday exchange it back to FIAT just to find the value has been half of when you bought them
P.S : it has been discussed alot but none has given a satisfactory answer on this matter, could you then? As a matter of fact , I am a fan of BTC security but I cant seem to let go the fact that I am losing if I save my saving in BTC because the tendency of the price keep on falling
I say only what I say: If bitcoin loses value, it is not because of the money manager printing more.
You mention the rich, but the rich pretty owns everything.
because they have the cash flow to buy more houses more everything in anyones life time, so it doesnt even matter bitcoin to them cause they already rich.
It depends on the fact about what plans do you have next regarding your money, if you have enough money for a luxurious life and your future is secure, I would invest a little into something. If you already have a limited amount of money and some other situations to deal with for later, I would recommed you to save as their is no point in investing your money into something if it involves risk. The best way to invest is to invest in government bonds then, but you would get very limited returns.
The governement bonds seems to be used very generally.
Id agree to this, but a bond is 30 years then seeing the original principal back. Under the same category, I`d recommend people to invest in "notes"- which acts the same way as the bond but in shorter time length and same or similar rates which is 1%. "Notes" are usually 1 year or 6months for local state funding etc.
It depends on the fact about what plans do you have next regarding your money, if you have enough money for a luxurious life and your future is secure, I would invest a little into something. If you already have a limited amount of money and some other situations to deal with for later, I would recommed you to save as their is no point in investing your money into something if it involves risk. The best way to invest is to invest in government bonds then, but you would get very limited returns.
dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
And a very good choice if you do not use all your money in one form of investment, because when the investment scam, we will not lose all of our bitcoin
its not just internet, you see it everywhere in different forms.
when you go to school and you think you were increasing your odds to get a certain job and dont get it whats that? other forms of ponzis are also called mlm multi level marketing where people think they are business owners but only if they made money which most people fail to see as well.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Both investing and saving are equally important to manage your finance. Although investing it online is riskier in my opinion. I think saving money in a bank is the best option. I recommend taking suggestions from a professional financial adviser for right investments and finance management.
dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
And a very good choice if you do not use all your money in one form of investment, because when the investment scam, we will not lose all of our bitcoin
dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
And a very good choice if you do not use all your money in one form of investment, because when the investment scam, we will not lose all of our bitcoin
Marc speaks of the permanent portfolio to retain value against inflation.
well we arent alone anymore on these altcoins news.... soo there always several people watching the new coins projects ,soo if anyone invest blind on any coin well sure you will loose it ,altcoins best investment plans for sure.
dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
And a very good choice if you do not use all your money in one form of investment, because when the investment scam, we will not lose all of our bitcoin
Jump to: