Savings Vs Investment? - page 13. | Bitcointalksearch.org

tonyvo2017

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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 knowledge is really important for every human being. if they do not have enough knowledge to invest then the investment will easily lead to failure.
but instead of saving too much money and letting them lose value, we should use part of the money to go to securities investment or crypto courses.
It will be the premise to help each of us increase our assets year by year by our true selves.

LimLims

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The investment looks a bit riskiest, but in my view, it is more profitable in the long run than saving or holding.

That's really not so stable decision.
If we just keep on investing without doing proper calculations, then we will surely face losses.
That too huge loss.
And it's not always true that long term investments will be profitable.
So just better be careful when investing something.
Hope this helps.

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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.

There are many reasons of why people shy away from investing, the first and most obvious is that most people are risk adverse, they know how much time and effort it took them to get all of that money and they are afraid that if a mistake is made they are going to lose a significant portion of their savings, and honestly they are right we know that more than 90% of traders lose their money and when they find out about this they do not want to invest.

Another reason is that people realize that if they want to be successful when it comes to investing they need to learn about it and most people don't want that, they have unrealistic dreams about making a lot of money with little or no effort so when you take all of that into account it is easy to understand why most people do not invest.

DarkIT

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Quote from: Polar91 on September 14, 2019, 09:27:53 AM

Savings is must for emergency purpose. Ideally, $1000 savings for a family is enough so that if somrthing happen to a family member (assuming that it's just a minor accident), they are capable of paying the hospital bill. The rest of someone's spare money can be put on investment then for a long term profit purpose. Although it gives profit, it's not very convenient to use it for emergency purpose.

yes, savings will indeed be very useful for emergency purposes. but, as business people, we cannot just save the assets we have. if we want to grow, we need to take risks and make investments that have great potential. it is indeed risky, because that we can do it by storing some assets. the point of this is, we need to insert some of our assets to be saved because we never know the sudden needs that we will use in the future. but, we also need to do other business, therefore use 30% of assets to be saved, and 70% to build a business.

Bugatti73

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Quote from: Polar91 on September 14, 2019, 09:27:53 AM

Savings is must for emergency purpose. Ideally, $1000 savings for a family is enough so that if somrthing happen to a family member (assuming that it's just a minor accident), they are capable of paying the hospital bill. The rest of someone's spare money can be put on investment then for a long term profit purpose. Although it gives profit, it's not very convenient to use it for emergency purpose.

It seems to me that for each family there will be a sufficiently different amount of savings, but everyone should try to invest, otherwise you will remain poor.

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Savings is must for emergency purpose. Ideally, $1000 savings for a family is enough so that if somrthing happen to a family member (assuming that it's just a minor accident), they are capable of paying the hospital bill. The rest of someone's spare money can be put on investment then for a long term profit purpose. Although it gives profit, it's not very convenient to use it for emergency purpose.

mersal

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Quote from: ?? on ??

Savings is safe but you will loose the value of your money in the long run due to inflation. Investment is good as it might double or triple your money but it is risky, just don't get in if you do not have any education or background about this field.

Investments take time and lot of time if we invest on something in traditional methods but in cryptos ROI is high along with the risk so people have choice now to choose from.

vian30

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I think the two are not the same because saving money is silent while for investment the money is spinning and more or less if we can succeed with investment it will add to our savings. but if we lose investment at least we have savings to start something new again.

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Quote from: Bugatti73 on September 13, 2019, 03:48:48 AM

All cryptocurrency assets have all chances to increase your fund in a lot of times, the main rule is to wait! If you are to nervous, you don’t have to play that game.

We don't feel nervous if we educate ourselves before we decide to invest here, in the first place, we already know that crypto is very risky, hence there is no assurance if we will be profitable here. If we are smart enough, we also have to trust the coin we are holding and we also understand that big dumps and pumps are happening in the market, it hasn't change yet, so we should not panic when we see some dump.

BTC did dump at $3K but now back to $10K, that's why crypto moves, it's very unpredictable but those coins with great potential will always bounce back and these coins has a big chance of success.

Bugatti73

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All cryptocurrency assets have all chances to increase your fund in a lot of times, the main rule is to wait! If you are to nervous, you don’t have to play that game.

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Quote from: jamesndungu1 on September 11, 2019, 12:15:34 PM

Investment is my go-to option as its long term, I don’t have to be worried about the short time price movements but rather, I bet on the long-term potential of a particular coin while investing with the intention of selling it and generating a profit in a couple of years. Cool

I am also doing this this year as long-term investment is essential in this bear market and there are not many good growth coins this year. Apart from Bitcoin, all other altcoins are not profitable for me this year and many other investors are also losing money so if you choose the best coin in this market, you don't need to worry about profit because in the future Crypto will be a very attractive destination for all investors

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Quote from: shield132 on September 12, 2019, 05:46:30 AM

Quote from: Julien_Olynpic on September 11, 2019, 09:56:02 PM

The situation here is very simple. First you have to make savings then invest. If you limit yourself only to savings, then you can never count on significant success and income. Therefore, many people simply have no choice.

I think he means overall plan in goal. There are some people who thinks: Just give me million and I'll spend my life as I wish. But on the second hand there are some people who are billionaires and even more, what they do? As I see almost everyone invests, only silly ones save. You may ask, you have million and lets spend life, why are you looking for new challanges. I would say that it's not so easy to be millionaire and a lot of people don't want to take that work what being a millionaire requires. You have to keep your money which is as hard as becoming a millionare or if you aren't wise in your job, you'll get poor pretty soon.
So to make it clear, I vote for investments. It has it's fun too, whole captivation is that you never stop, do and do a lot of things, create something new with your money and watch how it grows or maybe falls but at least you learn from it.

The agony of treating things will work out if you fully understand both benefits and risks between this two. But if choosing between savings and investments, investment will increase chances to earn more than losing time and opportunities,. You have to sort things out and make your assessment deeper. If you are planning to come out with a high chance of making more money, keep everything in the right direction and don't rush things out but to plan your target venue where you'll going to place your money.

shield132

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Quote from: Julien_Olynpic on September 11, 2019, 09:56:02 PM

The situation here is very simple. First you have to make savings then invest. If you limit yourself only to savings, then you can never count on significant success and income. Therefore, many people simply have no choice.

I think he means overall plan in goal. There are some people who thinks: Just give me million and I'll spend my life as I wish. But on the second hand there are some people who are billionaires and even more, what they do? As I see almost everyone invests, only silly ones save. You may ask, you have million and lets spend life, why are you looking for new challanges. I would say that it's not so easy to be millionaire and a lot of people don't want to take that work what being a millionaire requires. You have to keep your money which is as hard as becoming a millionare or if you aren't wise in your job, you'll get poor pretty soon.
So to make it clear, I vote for investments. It has it's fun too, whole captivation is that you never stop, do and do a lot of things, create something new with your money and watch how it grows or maybe falls but at least you learn from it.

Rose_btc

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I age and the condition I am in I will prefer to invest and hold my funds. When you are in a good state on income and have noone to spend on and no responsibility on head you can invest, learn through mistake and get up. Such golden period in life is for very short period and thus, I want to safe funds to fight the battle of responsibilities that I have face in future.

carter34

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Quote from: awik p on September 12, 2019, 01:52:10 AM

it is not in the form of fiat money like saving. investment forms such as property, gold, silver, etc. and in the end the investment makes a profit, so that the money becomes more than the initial capital

This is true because many people see saving as just fiat that is kept in a secret place or bank but they don't realize that buying commodities are part of it. Also properties like buying of already built structure or empty land.

About land, this is a huge investment because it never depreciates rather it will keep adding value yearly and the value the next year will be bigger than what it cost in the previous year.

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I think they are almost the same. many people interpret that saving is saving in money, so that money becomes safe, but does not aim to get a nominal profit. while investment is like saving, but in another form, it is not in the form of fiat money like saving. investment forms such as property, gold, silver, etc. and in the end the investment makes a profit, so that the money becomes more than the initial capital

Bugatti73

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Quote from: Julien_Olynpic on September 11, 2019, 09:56:02 PM

The situation here is very simple. First you have to make savings then invest. If you limit yourself only to savings, then you can never count on significant success and income. Therefore, many people simply have no choice.

But in what percentage we need make investments, and how many funds needs to be saved?

Julien_Olynpic

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The situation here is very simple. First you have to make savings then invest. If you limit yourself only to savings, then you can never count on significant success and income. Therefore, many people simply have no choice.

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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?

now that's not true, saving only makes us not get anything from the Bank,
even Banks use the money we save for their business,
so saving is not the right choice, investing or time deposit is the right choice.

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

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.

only uneducated people say the investment is gambling!!!

Mt. Dempo

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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.

in my opinion depending on our goals what? If we want to have short-term goals, we better save up. to manage long-term funds, use investments. and for optimal financial planning, we must have both. So we have an emergency fund that can be used at any time, and we also have long-term capital for the future.

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