In conditions like this, it actually comes back to the choice whether we really want to save or invest.
Both are very good to do because apart from anything it is a good thing for future survival. It's just that maybe every action will have an impact that we will achieve. When we really want to save, the nominal amount of money we save obviously won't change in terms of nominal value, but it is possible to decrease in terms of essence, especially as the longer the price gets more expensive, but that's good enough if we still want the same results without thinking about risk. In contrast to investments, which will definitely be profitable for the future if we are right in investing, but with a note that the risk of loss also exists in this case, so we must really be able to find out what we have to invest well.
Both are very good to do because apart from anything it is a good thing for future survival. It's just that maybe every action will have an impact that we will achieve. When we really want to save, the nominal amount of money we save obviously won't change in terms of nominal value, but it is possible to decrease in terms of essence, especially as the longer the price gets more expensive, but that's good enough if we still want the same results without thinking about risk. In contrast to investments, which will definitely be profitable for the future if we are right in investing, but with a note that the risk of loss also exists in this case, so we must really be able to find out what we have to invest well.
Yes, we agree. basically, both have their own interests and advantages apart from the pluses and minuses. Having savings will be very useful, especially in times of emergency. can also be used as a backup for something other needs. most importantly, we must have a goal in advance what we are saving for.
Meanwhile, investing is just as important. but what people rarely realize is, that investing has risks regardless of the type of investment. because after all, without sufficient knowledge and insight, investing can be a mistake, if not in the place or field. that is why, when you are about to start investing, at least someone already knows what he is going to invest. whether it's knowledge, insight, or all kinds related to the investment. also, the risks involved therein. for me, saving and investing are just as important especially for those of us who are involved in this industry.
Saving is just like doing a grant fund for banking organizations, the money they run as a business is owned by people like me, and you, they make collective donations from rich and poor and set that up with interest rate that will give you nothing at the end of the year, the banks only favor those who have big shares, the poor only suffer at their hands by saving in their custody with poor services they may debit you at the end of the day. My little already known advice, buy and hold bitcoin when the price sinks at any given opportunity.
