Savings Vs Investment? - page 10. | Bitcointalksearch.org

owengtam09

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Quote from: safelycrypto on June 28, 2019, 04:35:18 AM

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

Investment is also risky just like gambling, but once you invested in a trusted one then I think it will become safe. Some investment is risky just like when we invested with bitcoin because the price is not stable. The investment will make your money grow as the time comes but depends on the demand of what we invested. Then savings is just a matter of our savings that if we didn't put money then it will also not grow.
Having savings while investing is a good tandem. It is better to have a savings and investment at the same time because once you gain profit on your investment, to make it safer then keep some of it in your savings.

Ailmand

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I think it is wiser to have both savings and investment. However, when investig you should have an idea about it because there is a risk. Some people jump into crypto due to FOMO and would even use their savings, which is not a good idea. Investment is effective if you are aware of the risk of what you are investing into, that way you will know the steps that you should take to be able to gain more.

gaston castano

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Depending on the type of person, there are those who prefer saving because it is safe, while investing has risks.
I have started investing because it's better than saving in my opinion. Because some people think investing is a gamble / high risk.
maybe with a little education people will understand what an investment is, not all investments are profitable but it's better than accumulating your money and the amount is reduced because of inflation.

Eugenar

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Quote from: semobo on June 28, 2019, 02:43:15 PM

Quote from: safelycrypto on June 28, 2019, 04:35:18 AM

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

in all the time savings is more better than the investment because we don't have any expenses for the savings it safe in in a same place for long time but if we put the saving Sashi investment then it may be give the extra profit and also the possibility of losing your money is also available that's why if you want to be a comfortable zone then saving sis suitable for everyone

Indeed, it depends upon your decision, if you'd like to earn in a safe way then go for savings but if you want more profit then go for investement. In crypto industry if you just purchase a coins that has a potential and you just leave it in your wallet there's a possiblity for it to gain profit if its price pump. However , if you want to succeed then you shouldn't stay in your comfort zone and take the risk because the more risk the higher profit you'll get.

Fredomago

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Quote from: dimonstration on September 30, 2019, 06:49:23 PM

Investment offers a lot of room for capital growth. Take advantage of compound interest and don't be captivated by the risk it offers, every decision as well in investment requires risk but if we are dedicated enough to study where to put our investment and do our assignment to check it before investing it lessen the risk. Have investment as young as we are and healthy but still have some cash or savings that can be used if urgently in need of money.

The reason why case studies have been developed and kept on evolving is to help people to understand the typical risk which is accompanied in every investment that it will take. You don't need to think about the risk if you are done doing your research and you are already confident with the knowledge you already earned about the business. Risks should be handled properly in the sense that you have a target timetable in continuing your journey. If things won't come up according to your plans, your previous case study will lead you on what to do next, either to prevent further damages to your investment capital or switch to another business opportunities.

Chiyoko

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Quote from: ecnalubma on October 01, 2019, 12:32:28 AM

Yes investing is the best thing to do to grow your money, instead of putting money in the bank will only give you spare change. Off risk involves when it comes to investing but as long as you know what your doing you will have a chance to make profits.

The better things to do is do both savings and investing , invest to make money grow and make your own bussiness if possible it will help to save more money.

Saving is for the future no one knows what will heppen in the future so better to be prepared as always so if times comes that you need your money you have savings that can be use .

ecnalubma

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Yes investing is the best thing to do to grow your money, instead of putting money in the bank will only give you spare change. Off risk involves when it comes to investing but as long as you know what your doing you will have a chance to make profits.

BlackFor3st

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Your right but for those who didn't have an idea on how to invest or they don't have the resources to do it then they will prefer to atleast save their money.

But if you have time and resources then investment is the best option to choose. Even if there is a risk in investment, you will not lost your hard earned money easily if you will just do it right. And last thing, don't be greedy in investing your money so you can play safe with your investment and seek the guidance of others who became successful.

Bustart

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These two things should not be compared to each other as they have their own role to each person in this world. Savings should be the top priority for each person because this is where you emergency fund will come from and also this is where you will get your fund for investing. Investment is where you will get your semi-passive money since you still need to work lightly to make things work and make your investment profitable.

Savings is putting money aside and not using it immediately. Savings, alone cannot form the increase in wealth, because it can only accumulate funds. There must be the mobilization of savings, and put it into productive uses, that's where investment comes into place. Investment is making our money grow, and making it works for us like buying potential asset that can generate safe and profitable rate of return overtime. Investment can be risky, it has its ups and downs, loses and gains, but can be very lucrative, it's very important that we are armed with the skills and knowledge, and acknowledged the reality that without risk there is no return.

dimonstration

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Investment offers a lot of room for capital growth. Take advantage of compound interest and don't be captivated by the risk it offers, every decision as well in investment requires risk but if we are dedicated enough to study where to put our investment and do our assignment to check it before investing it lessen the risk. Have investment as young as we are and healthy but still have some cash or savings that can be used if urgently in need of money.

UsernameBitcoin

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investing is usually better than saving because you can grow your money. However in a bear market, it may be better to save money because the market goes down. over although investing is better because you can grow your money over time. Saving is also good to have a financial security net.

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Quote from: MathGame on September 30, 2019, 02:02:29 PM

I'm still young I don't save money I only invest. As a young person I'm always looking for a better way to invest my money so that we can grow together with my investment. I'm too young to start saving! Saving is for the old guys.

You got the point here with investment. Im glad you start to invest at a young age,you have more gains when you reach at retirement age. If you lose on your investment, you still have more time to recover. Do not confused investment with savings as most commonly happens. Savings gives you a minimal interest and even not enough to cover inflation while investment gives more.

MathGame

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I'm still young I don't save money I only invest. As a young person I'm always looking for a better way to invest my money so that we can grow together with my investment. I'm too young to start saving! Saving is for the old guys.

Wapfika

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We must have savings as well as Investment. They are important in building our financial growth. Savings can be used as emergency fund in case uncertainties happen, we will not sell are investments even the market is low since we have savings we can withdraw or get for such events. We should have our savings or emergency fund atleast 2 to 3 months of our monthly expenses before we do investing, so our investment can focus on growing without the worry of cashing it out especially when the market is in bear season and we needed our money badly our savings will be the solution.

dannybrown

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"People don't actually want to invest.
They expect something they buy to increase so much today or maybe 2x or 3x the next day.
And as you said, most people don't even realize what they're getting by getting into the fomo, they are just buying hyped assets and losing money.
In fact, this forum provides really good investment advice that we all need when we are struggling.
If people spend enough time here, they can learn a lot beforehand."

wheelz1200

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Quote from: safelycrypto on June 28, 2019, 04:35:18 AM

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

It all depends actually on what your goal is. If you have enough money to live the rest of your life out than putting a lot in savings is not a bad idea. I know plenty of people who were close to retirement and lost a decent amount in "safe" investments. Point is different folks different strokes, depends on the situation

voltesbit777

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Quote from: safelycrypto on June 28, 2019, 04:35:18 AM

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

Most people nowadays, they believe that saving money is all about saving money to the bank right away, and even though they make a small profit because their money is safe to put in the bank, they are more afraid They use their money in an investment scheme that has a big chance that it will grow big but it's also a gamble and they don't want to gamble because they fear losing their money.

iv4n

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Quote from: voltesbit777 on September 26, 2019, 11:34:40 PM

If you are here to grow your capital, I think the better way to grow it faster is to put your capital into investment type of
business. You can do this through day trading, then if you have excess money you can try to buy Mining rigs, or invest in some
of the potential and promising project, just make sure you review it well before investing in it. While Savings is only good to hold
Bitcoin and Ethereum.

It`s better to put your capital to work for you and generate profit, then to put money on the side, in that way with rising inflation your money just lose value over time. Fiat saving in banks, and earning interest on that is good only if you have a lot of money to put there, in that way to have higher interest than inflation is rising.
Investing in crypto in last decade turns out to be the best possible investment someone could make. It`s not over, prices can go higher and I believe they will, people will regret for missing opportunities one day, mark my words!

elewton

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Quote from: Oasisman on September 24, 2019, 08:06:18 AM

Quote from: The Cryptologist on September 23, 2019, 09:16:22 PM

Investment is much better because saving as the word goes which means to save money. So basically, you are just putting your own money aside for future or normally emergency purposes like when you get sick. While investments will give you returns and it keeps growing depending on what kind of investments that you have because that main example where your money grow is in banks.

Im a bit confused with your statement. You can save your money in banks while earning certain percentage yearly, and thats considered as investment. You cant just simply save your money on your own and keep them somewhere in your room, because thats a ground for the anti-hoarding law, for deprieving the bills out of the circulation. It would be wise to keep them in banks instead, you can even enjoy the interest from the amount of money you saved.

I don't have much confidence in depositing money at the bank because it really cannot make you a good profit and the holding can be very risky. I think it's best to invest in Bitcoin and Gold because these are the two safest asset types right now. Everyone has their own options for investing, but do not deposit in the bank because this is an unprofitable investment and will not help you in the long run.

voltesbit777

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If you are here to grow your capital, I think the better way to grow it faster is to put your capital into investment type of
business. You can do this through day trading, then if you have excess money you can try to buy Mining rigs, or invest in some
of the potential and promising project, just make sure you review it well before investing in it. While Savings is only good to hold
Bitcoin and Ethereum.

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