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Topic: Wise thing to do with your savings. - page 32. (Read 8196 times)

sr. member
Activity: 1638
Merit: 300
July 09, 2018, 11:06:28 PM
Well, it sounds funny but my savings is my payment here in the forum. I joined a campaign and let my payments here weekly store on my Bitcoin wallet. You can call it saving and at the same time, it is my investment. My main source of income is my monthly salary, I am not using or spending my payments here since I want to use it to invest on property and to build my own place, just in case my salary didn't cut it.
newbie
Activity: 29
Merit: 0
July 09, 2018, 10:58:38 PM
Savings is important to all of us, especially for adults or when we are becoming an adult. If you dare risk perhaps save 10% of your savings on the bank, the other 90% invest in Crypto, probably holding BTC or ETH, the two safest coins.
member
Activity: 280
Merit: 10
July 09, 2018, 10:44:39 PM
I usually spend 40% to invest in crypto, the rest I keep. That's the way I do it because I know that the Crypto market is always risky. Maybe they will take away our capital at any time, so do not invest in them all.
a considerable percentage in my opinion. but if we manage to get profit, will be much we can collect from our investment. besides in cryptocurrency better we also invest our money in other portofolio.
Yes crypto investment is full of profit and it can make our money more than double in very short time so we should manage our time and take good advantage of investing right now, buy some bitcoin at the lower price and hold for long term and get more than double profit, buy some coin and spare some money for your daily needs will give you better way of earning and you will get a chance of saving some money for your daily needs so will not have to sell your bitcoin in case of emergency.
newbie
Activity: 26
Merit: 0
July 09, 2018, 10:53:25 AM
Invest in property. It’s very helpful to write down your reasons for wanting to invest in property. You can always revise your list if you change your mind about your investment motives.
member
Activity: 420
Merit: 10
www.coinxes.io
July 09, 2018, 02:37:33 AM
there are many ways to manage your savings or money savings in order to increase without having a lot of losses, it is a safe way a little longer and the benefits are not so great but it will make you calm. example for your money savings to be increased safely is buy gold because gold prices do not decline, deposits in banks with research in advance to know which banks are giving greater interest, investment in the field of property can also be a profitable thing and msih many others its.
sr. member
Activity: 462
Merit: 250
July 09, 2018, 02:15:43 AM
if I save it is mandatory, because if we save can make our old stock later, if you have money should never in one use, if you have money should be in the tube.
It is quite hard to decide what to do with your savings in order to make profit for which source must have a long term trusted store of value. In this modern world this decision is very easy for all of us to select a way or source from which we get profit. Most of the investors out there are recommending the crypto market best for making profit and especially the Bitcoin investment.
crypto market and bitcoin can be a profitable investment portfolio in the next few years. the development of blockchain technology that has been used in various fields makes cryptocurrency increasingly favored by investors.
full member
Activity: 406
Merit: 100
July 09, 2018, 02:10:59 AM
Probably making long-term investments includes the right step for someone when it wants to gain a big advantage going forward because the key to making it happen is to be patient with assets and try to hold back emotions when there is bad news about crypto.
sr. member
Activity: 1638
Merit: 278
July 09, 2018, 01:49:46 AM
if I save it is mandatory, because if we save can make our old stock later, if you have money should never in one use, if you have money should be in the tube.
It is quite hard to decide what to do with your savings in order to make profit for which source must have a long term trusted store of value. In this modern world this decision is very easy for all of us to select a way or source from which we get profit. Most of the investors out there are recommending the crypto market best for making profit and especially the Bitcoin investment.
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
July 08, 2018, 07:24:31 PM
I don't have a wise moved to save up my money where ever it is I can do is money managing because I manage my money whenever I need it and where it goes so I probably use my money for my self.

Me too, sometimes there will be a time that we cannot really think what will be the wise moves needed with our savings and just hold and earn more. Maybe if we will do this wise saving tips we can manage our money.
member
Activity: 378
Merit: 10
July 08, 2018, 07:11:13 PM
I don't have a wise moved to save up my money where ever it is I can do is money managing because I manage my money whenever I need it and where it goes so I probably use my money for my self.
full member
Activity: 490
Merit: 101
July 08, 2018, 07:03:59 PM
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?


What i would do now as the best bet for now with low risk levels is going into treasury bills; this yields well with respect to volume deposited/invested. Cryptocurrency for me now still looks dicey as the dip stoppage is still not ascertained.
newbie
Activity: 224
Merit: 0
July 08, 2018, 06:51:04 PM
There are two paths to do with their savings, one is put it in the bank and the other part involves investing in into the cryptocurrency market, the bank will give you security over the amount but is affected by high values of inflation and also the on the other side you will find bitcoin.
newbie
Activity: 49
Merit: 0
July 08, 2018, 03:09:22 PM
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?

You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades.

I agree with you, or invest it in a business or any profitable investments, try property investments or any kind that will give you a permanent income. always look for an alternative accounts and profitable or passive earning.
jr. member
Activity: 139
Merit: 5
July 08, 2018, 01:17:28 PM
which I will do with my savings by using just as much as possible, if we can not wasteful wasteful of spending money, saving is the base of rich
jr. member
Activity: 94
Merit: 1
July 08, 2018, 12:41:18 PM
When I have a savings, I will put 40% in Crypto market. Each time I make good profit, I will be returning 40% of my profit to the savings.
member
Activity: 486
Merit: 10
July 08, 2018, 10:37:48 AM
yes I do something like that some of my money for long term investment in cryptocurrency it is a good move rather than letting the money go to sleep,but before investing I have to wait for the right time to buy crypto and I did it carefully so as not to lose and my money could double.
member
Activity: 154
Merit: 17
July 08, 2018, 09:44:36 AM
A portion of your savings can be used for reinvestment. You don't have to leave all the money you have to idle away in the bank, you can look for a profitable kind of investment to use it on so that it will have a multiplier effect. But you need to be careful about this though.
member
Activity: 434
Merit: 10
July 08, 2018, 09:42:41 AM
For me, I'd rather save my savings than invest them.

You can save some money by avoiding all the unnecessary expenses, so you can save more money.
I think the best way to do with your savings is invest some in profitable projects in the market and secure your familiesffuture. Save for children education and future.  Save for emergency purpose and save something that you can you anytime.
jr. member
Activity: 224
Merit: 2
July 08, 2018, 09:36:11 AM
I think the best wise way to do with your savings is to have an investment it's either to cryptocurrencies or outside.
Because if you hold it for a long time period your saving doesn't grow.
But always remember investing our savings is not just too easy it is also risky.
full member
Activity: 354
Merit: 100
July 08, 2018, 09:25:09 AM
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 own perspective still have a savings so that if there’s an emergency happen do you have your bitcoin that can use. Have a savings can help you a lot. If you think that you have so much savings thand n it is better for you to have a business in your own so that tou can still earn money and save again.
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