Topic: Wise thing to do with your savings. - page 34. (Read 8220 times)
If you are a kind of a person who has a big doubt in the success of crypto currency due to the growing community of scammers, it is better to choose the time deposit, although it gives a low rate of return in the bank. This will give a peace of not thinking that your money is decaying in the market of crypto currency.
The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.
Starting your own business is the best way to have more income monthly and to secure your own future even though, cryptocurrency might fail in the future, you will still be able to earn income monthly.
It depends on how quickly you need to use those savings. Some might be using it as a deposit for a house, so you shouldn't risk more than 25% of it on the crypto markets. If it's long term not-needed funds then go up to 75% on crypto exchanges
The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.
Basically in tough economic times, it's often difficult to put away savings for when you'll need it. Many of us find ourselves living paycheck to paycheck, struggling to pay rising living expenses. Because emergencies like health problems and job loss can happen to anyone, many advise that a minimum savings goal should be roughly three-to-six months of living expenses. But you should know how to manage a very tight finances to save a little for the family. Do not buy unnecessary things that is not really important. Discipline yourself and keep away from unwanted expenses.
Invest in crypto especially in altcoins that are already in the aftermarkets or in the exchange. You could also check the coin if it is in the first 100 rank of coinmarketcap.com so as to get a good and establish crypto. I had a lot of coins there that i am eyeing to invest if only i had a lot of money or savings probably it is invested now crypto while market price is still low.
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?
The best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.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 think the best thing that we can do on our extra money is to invest in cryptocurrency where we can earn the profit easily because among all the investment crypto is the most popular and many people already prove its worth.
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?
The best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.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 think the best thing that we can do on our extra money is to invest in cryptocurrency where we can earn the profit easily because among all the investment crypto is the most popular and many people already prove its worth.
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?
The best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.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?
Diversify. Thats the most important part. You need to know that in these types of markets anything could happen. I do not mean diversify in the sense that you should buy a lot of different coins. No I mean you should diversify the investments.
Buy different good coins, invest on gambling casino bankrolls (house edge likes you), get to working and find some ways to earn some of those coins. Trade some if you want, basically do many different types of stuff instead of just get something and stay like that until you retire.
Buy different good coins, invest on gambling casino bankrolls (house edge likes you), get to working and find some ways to earn some of those coins. Trade some if you want, basically do many different types of stuff instead of just get something and stay like that until you retire.
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 am doing that this way - 10% of every income goes to the church I go to, 10% is going to savings, another 10% is going to the investing capital. So this way I have something saved and also grow my capital.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?
The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.
The first thing I will do is to invest some of my money by investing in bitcoin, it is my long-term assets. Then for some more to build a business. Residential business for now is very profitable.
As I think, everything depends on the sum of your savings. If you have really much money, over 100 thousand, you can invest 70% in real estate or start your own business. The rest can be spent for the crypto.
The wisest for you to do in your savings is to invest in cryptocryptocurrency. In cryptocurrency investment is like saving while you are gaining profit on it if you are lucky enough.
If we rely too much on saving and hope the bank interest will not make our money increase, but there are things that can make money grow quickly with investment, many investment options such as stocks or cryptocurrencies are now popular.
Emergency funds should never be invested in risky markets like cryptocurrency. For them, time deposits or mutual funds are best option. But if the investor wants to invest them in crypto then he/she should do some research and put his money in safe coins which has good tech and future success possibilities in long term.
The first thing I will do is to invest some of my money by investing in bitcoin, it is my long-term assets. Then for some more to build a business. Residential business for now is very profitable.
Investing in cryptocurrency be the wise thing, instead of spending the savings on useless things it would be more appropriate to invest in bitcoin or any of the altcoins, because cryptocurrency have fancy of chances getting the profit.
Sometimes it's hard to save because you want to spend it, so I suggest setting goals. Think of certain things that you want to buy, but might be a little out of your budget. That motivates one to save.
I comprehend that we have diverse routes on the best way to utilize our reserve funds or when we will going to spend to the degree that we won't lament our own particular activities. For my situation, despite everything I favor my reserve funds to be kept some place safe since I know beyond all doubt that I will require that later on. I additionally like contributing my cash to some crypto related business particularly in the event that I have the information and additional cash. For whatever length of time that I question in a specific thing, I would not keep doing that, then again in the event that I am sufficiently certain then I would let it all out.
It is a good mindset after all, creating some good decisions regarding your funds is really a good mindset because it will utilize your profits on that matter, also providing some alternatives route to support your incomes.
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?
For me, seperate it from the money you used from your everyday expenses. Don't use your saving in the things that you not needed, 50% of your savings should be preparation for emergency purposes and the other is for investing to make your money grow and to have more savings. 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 opinion, the best thing to do is just start your own business because in this way you will have income monthly without waiting for the profit of your investments in cryptocurrency.
that is the best thing to do, make another source of income do not lean your back to crypto because we dont know what will happen next, it is better to have an investment due to your earnings here. Make more assets because of crypto.
Yes agreed, business is the first and best thing to do with your funds, or you can also invest it in some properties, and also invest it in some profitable area of business , You can do what ever you want with your funds, You have to decide for it, to make it a better purpose, also always keep in mind that in earning it should be fair and neat, always think of the possibilities.
All of my savings, every little extra dollar here and there has gone into crypto. Not the smartest of things to do at the moment, but we will see. Have to take chances.
I did the same thing a year ago and I feel it is a great decision because it gives me money and a lot of great investment experience. I think if there is some savings and you want to invest that amount then cryptocurrency is very suitable in this moment. Jump to: