Topic: Wise thing to do with your savings. - page 18. (Read 8220 times)
if you already have the advantage of bitcoin, actually this is the biggest trial to manage your savings or assets, my advice is to buy something in accordance with the needs not based on a momentary desire
At the moment, I am putting all my savings into my own home. And of course, it's better to invest in crypto currencies. Here earnings are 200% faster than in other ways.
Now do not waste your savings in buying something useless or something which is not in benefit so better you invest somewhere and the modern currency investment is a golden opportunity for all of us. It will generate profit for us only if we learn how to handle everything in the crypto market like if you are interested in Bitcoin investment then it is a better decision so focus on your decisions according to the market conditions.
Any good investor will tell you that money just sitting somewhere is little help to you. It is better to invest it in assets that can generate passive income. Of course its good to have an emergency fund that you might need for a rainy day. It is difficult to say of you should invest all your money in crypto currencies, but of course it is wise to diverse your investments to balance the risk. It is also good to first find more information and talk to a professional.
If you want to get rich quick you must plan the use of your time. It doesn't matter if you get paid by commission or by flipping houses in a hot market. Planning allows you to get rich quick.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Invest it! But before you nake investment, you should fully understand on what strategy that you are going to use. Remember that not all of investment here are safe, there are many risky investment here. So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
I figure it would be hard for different cryptos to supplant or to obsolete bitcoin. Bitcoin originates from a long keep running for right around 10 years now and it is the pioneer of all cryptos, it's cost is clearly higher than some other cryptos, and a standout amongst the most favorable circumstances of bitcoin is its decentralization which is tremendously favored by speculators not at all like different cryptos out there which is concentrated. So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
This are some of numerous focal points of bitcoin that would be difficult to achieve/go by different digital forms of money. On the off chance that different coins out there would need to outperform bitcoin, at that point they ought to resemble bitcoin with much better preferences.
Though, emergency fund is very significant in an unexpected situations, you can put all the funds not in a time deposit bank account but you can rather put it all for an investment of cryptocurrency. Afterall, when the time comes that you really need the money, then you can withdraw your funds from your soft-wallet. At least, the profits you earned from your investment in cryptocurrency will grow faster and higher than putting all your money in time deposit.
To tell you honestly, I considered my online wallet as my emergency funds for example, unexpected expenses, sickness and other situations.
To tell you honestly, I considered my online wallet as my emergency funds for example, unexpected expenses, sickness and other situations.
One thing to be considered wisely in terms of savings is that you have to double your savings through investments. Crypto currency is one of the best example on this because you can have the value of your money higher .
But we should not put all our money in cryptocurrency market. Crypto market very high fluctuation and its very high risk. Sometimes crypto movement profitable when going up but can bring big loss when market drop. Collecting cryptocurrency as investment is profitable for our future but we should save paper money in our bank account for emergency thing because our spending using fiat money.
Your emergency fund should not be touched nor used for some investments. That is why it is considered an emergency fund because it is there in case any emergency arise. An emergency fund is meant to be so accessible. If you will put it in a time deposit, make sure it can be withdrawn anytime easily. If I were, you I would not be putting my emergency fund in crypto investment. By the time you will need it and the market is doing bad, you might be forced to sell your coins cheaply.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
In my opinion savings need to remain saved. If you want to invest somewhere or develop some business you need to use another money and not to touch your savings. Again savings need to be saved.So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
People will not turn into cryptocurrency if banks are profitable so in my own opinion, cryptocurrency is the best investment you can make due to the volatility of the market that makes the price of your coins to increase depending on how long you are planning to hold.
Just keep continue saving, haha, I invested a part of my saving here, and it's gone. Sad story!
For me, emergency fund should always be available anytime in need. Talking about investment, crypto is a high risk investment as you don't have the control of the market and I think gambling your emergency savings for it is not wise. If you can allocated a percentage of your income for emergency, why not allocat something for crypto investment too. Even a little percentage can make you start earning as you are also learning through the way. It's really better not to touch your emergency savings, from the term itself "emergency" it can happen anytime. Invest wisely 
Though, emergency fund is very significant in an unexpected situations, you can put all the funds not in a time deposit bank account but you can rather put it all for an investment of cryptocurrency. Afterall, when the time comes that you really need the money, then you can withdraw your funds from your soft-wallet. At least, the profits you earned from your investment in cryptocurrency will grow faster and higher than putting all your money in time deposit.
To tell you honestly, I considered my online wallet as my emergency funds for example, unexpected expenses, sickness and other situations.
To tell you honestly, I considered my online wallet as my emergency funds for example, unexpected expenses, sickness and other situations.
One thing to be considered wisely in terms of savings is that you have to double your savings through investments. Crypto currency is one of the best example on this because you can have the value of your money higher .
The only thing that has to be learned in the last year is actually: it is necessary to switch to BTC when BTC is up. When it is dead, you have to collect it all together. Only by doing so can very large gains be gained. You do not need to evaluate the money in any other way.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Cryptocurrency is a kind of investment ,It has two possible happen in your money when you invest on it.It's either your money getting higher or your money getting disappear.You must take a risk on it.
But i think it is better to take a risk on this rather than let your money sleep on a bank.
The wise thing to do with your savings is to keep the half of your money in the bank and the other have invest in cryptocurrency either in bitcoin or ethereum and make them grow pr gain profits , so that it get bigger and bigger savings through bitcoin. 
Keep your money in the bank.Invest in safe and good business.Save for emergency fund.Invest in bitcoin.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Well, sleeping money is the worst option, because I think that without money, you will not have a profit.
Wise thing to do with your savings when you want for it to grow is to invest it on business so that it could earn big amount of profit in the future. However, there is always a risk when you invest than just save it.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
For now for a long dump time its good to trade my savings so that i have income in every trading.Just like my daughter they can have their daily expenses through daytrading.Even price is very low they earn for their needs.So thats the only way also to do for my kids needs now.
Jump to: