Savings Vs Investment? - page 5. | Bitcointalksearch.org

Bezobraznike

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Quote from: ChrisPop on October 27, 2019, 07:20:35 AM

If you look through an investor's eyes it is much more riskier to keep money in fiat then to invest. I mean look at the inflation. In some countries you lose even 10-20%/year just by holding the cash under your matress. That's not acceptable! We need a replacement that it is both a store of value AND an EFFICIENT way to make transactions around the world. Bitcoin is the perfect solution for this + it is not centralised(controlled by any central entity) like USD,EUR, GBP, etc. are.

Most of us have jobs that are paid in fiat so in my opinion the best way to handle the situation is to get rid of the fiat as soon as you can. Be it for personal needs or especially for investments. It can be everything from good quality stocks to bonds, real estate, gold, you name it.. but you need to seize that value asap.

ChrisPop I totally agree with you. Holding fiat will get us nowhere, the amount we hold will lose value over time. It`s better
to put fiat to work for you as soon as possible, real estates, gold, crypto-currencies, or anything else, everything is better
then fiat.
For more then a year all my extra money from my salary is going into crypto-currencies. I don`t have savings in fiat, only
in crypto-currencies. I believe that future will be on my side!

ChrisPop

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If you look through an investor's eyes it is much more riskier to keep money in fiat then to invest. I mean look at the inflation. In some countries you lose even 10-20%/year just by holding the cash under your matress. That's not acceptable! We need a replacement that it is both a store of value AND an EFFICIENT way to make transactions around the world. Bitcoin is the perfect solution for this + it is not centralised(controlled by any central entity) like USD,EUR, GBP, etc. are.

Most of us have jobs that are paid in fiat so in my opinion the best way to handle the situation is to get rid of the fiat as soon as you can. Be it for personal needs or especially for investments. It can be everything from good quality stocks to bonds, real estate, gold, you name it.. but you need to seize that value asap.

Arkann

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In my opinion, savings and investments are completely opposite things, but which are very important, applying them simultaneously. The fact is that investments are profitable, although in this case the investor is at a certain risk, since successful results depend on many factors on the investment. At the same time, savings are those means that a person can dispose of at any moment. Proceeding from this, an intelligent person should invest his money in a promising project and, from the income received, save some of the money for savings. I believe that in the cryptocurrency market there are quite a lot of cryptocurrencies that are profitable both as an investment and as a savings.

Faxmate

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Quote from: zidanw on October 23, 2019, 02:39:15 AM

I have invested and also saved every month. I have arranged both by looking at my salary and monthly needs so that everything can be more organized. several times at the beginning I was not so able to manage finances between the needs and also investment became chaotic. but once I understand about investing that's where I've gained knowledge about managing finances

It is always a little problematic in the beginning to manage money. The reason is that we are unable to do good estimation of our needs and expenditures. We simply fail to manage rather limit them well. Savings and investments are only possible if someone does not spend his money in fulfilling all desires. It is good to hear that you are doing saving and investment both. I hope the investment is bitcoin.

Savemore

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Investments are better than savings, investing can help us to beat inflation while savings cannot. It is better to invest because our money is continuing to grow while in savings, our money are continuing to depreciate because of inflation.

GreenStox

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I think it's better you can do both, storing assets in the form of bitcoin can provide a lot of benefits because the price of bitcoin every year will experience price increases due to the influence of very limited supply while demand is very high so the price can increase so when you save bitcoin You can get many benefits from bitcoin.

browncurtis

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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!

That's right Grin

Gotumoot

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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.

Yes it is better to have our money in the invesment, because its price goes up in the long run. It is not like fiat money that what you have left is still worth your return.
So let's go to the invesment and hold on for a long time!

zidanw

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I have invested and also saved every month. I have arranged both by looking at my salary and monthly needs so that everything can be more organized. several times at the beginning I was not so able to manage finances between the needs and also investment became chaotic. but once I understand about investing that's where I've gained knowledge about managing finances

TRONTON

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savings for the final safe stage, so priorities for profit are usually explored through other things, including work. The majority of people use this because of various factors, including opportunities and abilities.

investment also does not always focus on a single asset, investors divide their assets into medium-risk to premium businesses. This is done by people who like to look for opportunities. Risk is not an important obstacle because they have chosen to get used to it, especially in the crypto trade.

Aying

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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's a wiser move if you want to invest your money in business or in crypto. but there's a fact that people are still lazy like you said. FOMO is always put them on that situation and regret it at end. if you want to invest and want to earn more profit no need for guidance. at first you are aware everywhere there are greedy and scammers, that's enough to make it our motivation to learn and do a process.

ardentvolcanoes

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Quote from: adroitful_one on October 22, 2019, 08:31:11 PM

Saving is the relatively safer option. With the way the FDIC insures funds, you can't really lose your money if the bank goes under or something happens. You're covered by the government. Investing makes more money in the long run if done correctly. But, it can be relatively dangerous if you invest in the wrong asset. It's a matter of risk versus reward. The more the risk, the more money you end up making. Basically, the same goes for crypto trading as well.

Exactly. The matter of knowing what to do with your money and what is your goals, if you have a good money management skills and you are keen in learning the process of growing your initial assets instead of keeping it from the banks or from your safe box. Investing is the best options which can lead you to received more, proper research of business that you'll going to invest your money is very necessary in order to find beneficial venue of investing your money.

djsugar

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Saving is less risky and hence less rewarding. The only risk associated with saving in a bank is bank defaulting which is less likely to happen. While in investment if your strategy doesn't play out, you'll lose. There is more risk but the rewards are high too. I would suggest to keep some amount in saving accounts for contingencies. But don't let your money sit idle and earn less than the inflation rate to lose value. Rather make investments according to your risk appetite and grow your money.

zeze18

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Quote from: ?? on ??

I think there is a need to balance in this regard because savings and investment have their own strengths and not everyone can afford to do this in the financial market. In my opinion, saving will help you feel safer and if you or your family members have big problems, the savings will help you a lot. In fact, I always divide assets in the most reasonable way for my daily life.

Expert crypto traders said that, only invest money that we can afford to lose in crypto.
Because investing in crypto is the highest risk of any investment, our assets can be dissapear due by hacks or losing a trade.
So, savings money should be not investing to cryptocurrency

TelolettOm

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Saving money on and investing is also important. especially our finances must be balanced. no ambition in investing and also not too much to save money in the bank. everything must be planned based on our income in order to find out how to manage finances.on the internet many have discussed how to divide up finance

adroitful_one

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Saving is the relatively safer option. With the way the FDIC insures funds, you can't really lose your money if the bank goes under or something happens. You're covered by the government. Investing makes more money in the long run if done correctly. But, it can be relatively dangerous if you invest in the wrong asset. It's a matter of risk versus reward. The more the risk, the more money you end up making. Basically, the same goes for crypto trading as well.

DeathProxy

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Investment is the best if only ypu can make the right investment choice. But the unfortunate thing is that most investors always make wrong choices when it comes ro making good investment choice and this leads to subsequent huge loss, this is not only applicable in offline investments choice but also in crypto. To be on the safer side to benefit more from investment than from saving, awlays seek the investment advice from mentors and veteran in the specific you would want to invest in

Ejanend

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Quote from: Genemind on October 20, 2019, 03:47:48 AM

Saving is still effective especially when we know how to handle and control our earnings without putting it at risk. Investing could help us save through the profit that we're gaining but we should still look for a potential coin so we should have an assurance that our investments will grow in time. We only need to apply the basic strategy of crypto investment.

investing is better than saving if it is done in the right coin or asset. If a person has saved good amount of money over years and invests it in a scam co in, then obviously he will face loss. However, if he invest it in to bitcoin then obviously, his simple investment will return huge profits in a short period of time. All strategies have its own pros and cons and some prerequisites.

lienfaye

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Quote from: cryptobaro on October 20, 2019, 03:48:48 PM

It depends on how u are going to use your money. Saving is safe, its true but if you want to make more money, you will have to take the risk and invest in something. It doesn't have to be with your all money. You can divide your fund in pieces and invest %20 - %30 into some projects you see future in.

Investing can make you financially stable if it became successful. Once you already gain something from it you can start saving those earnings. However investing has a risk that something might not go as plan and its the consequences you have to face if you chose to invest your money. Saving and investing are wise thing to do to prepare yourself for the future circumstances.

ringgo96

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Quote from: hahay on October 20, 2019, 03:37:30 PM

Inflation will not make our savings decrease so I think saving and investing are a good way for future goals, try not to be greedy in terms of wealth because if you rely only on wealth you will continue to feel deprived because of inflation. When you are satisfied with the benefits of savings and investment, it will be fine for your finances.

There are still many ways to avoid inflation and actually not only crypto investment instruments that we do, there are still many ways to make us maintain wealth. starting from Property. gold. stock. everything we should run and when actually saving too many banks also provide interest-bearing savings programs with the aim of avoiding inflation

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