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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
aeternus
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September 17, 2017, 12:36:45 AM
 #11141

Poor people or low income people is better to save the money in bank with low interest because it's safe.

Rich people or high class people is better to invest the money in different different project to earn the more profit.
But that will only make the poor poorer and the rich richer so I think that is bad advice, if you are poor but you have knowledge you can change your situation especially if you invest in an ICO, you could make many times over your initial investment and that is always a good thing.
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September 17, 2017, 11:13:28 AM
 #11142

For me, it is much better to invest your money to make it grow.
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September 17, 2017, 11:47:50 AM
 #11143

For me, it is much better to invest your money to make it grow.
Saving and investing are both good. But for me, investing is much better than saving. It gives you the chance to grow triple of your profit rather than just by saving your money. The majority of the people became successful because of investing. Maybe you can save 30% of your money in the bank just for emergency purposes.
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September 17, 2017, 11:52:58 AM
 #11144

Investing will only be better on saving if there is no scammer but it will not happen. Investing is good for long term, you will need to wait and more patience before you receive the profits. However, there are some investments or should I say a lot which are only a ponzi scheme, asking for small amount turn to big return for a short period of time, so be careful.

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September 18, 2017, 07:39:55 AM
 #11145

Saving money in bank will give you very less interest on your fixed deposit or savings.  But investment in bitcoin will give you more than your expected amount.  Bitcoin has more potential to get extra profit. I would suggest instead of saving money in banks invest in bitcoin as I am doing right now.  Till day have earned huge amount through bitcoin which is 100 times more than interest given to me by bank. 
In my opinion, it is better to invest because investing always gives you something in return at the end. Most of the people think of investing in bit coins which become as a future saving for them and they keep a check and balance on market trend to have an eagle’s eye on price of bit coin to be aware of any disastrous situation.
I am also in favor of investing the larger portion of your savings into investments. Simply keeping money in banks or in lockers at homes is not going to increase that money even after centuries. So it is better to invest them into some business which is damn profitable like bitcoins at the moment.
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September 18, 2017, 08:38:06 AM
 #11146

for me save better because bitcoin price will rise to moon next 30 years

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September 18, 2017, 09:00:01 AM
 #11147

I would invest in bitcoin and in altcoins. You can make a huge amount of money from altcoins. Some altcoins are scam though so you should be alert.
Litecoin and ETH are for me the best coins to make money out of it. LTC is now sleeping and eth is growing, because of the supports of wallets. Like blockchain have now supported eth. So you can now buy eth and btc safe from blockchain.
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September 18, 2017, 12:58:16 PM
 #11148

divide your funds into 3 components and make some deposit, investment, and money in hand. For now, bank is not absulutely secure any far more, this kind of as Greek personal debt crisis.
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September 18, 2017, 01:27:19 PM
 #11149

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I have not try my luck yet in investing but I know I am very good when it comes to saving money. I find it easy to save money at my young age and I am very happy for myself because of that, not every person can do it. If we say investment you will or you are dedicating you money for something am I right? You will use the money to make more money, it is also good but for strategic and hardworking person only. How about saving money, it is fit for a person who has a lot of patience. Because of that I think you must know first what kind of person you are so that you in what way you will be the best.

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September 18, 2017, 01:33:45 PM
 #11150

divide your funds into 3 components and make some deposit, investment, and money in hand. For now, bank is not absulutely secure any far more, this kind of as Greek personal debt crisis.
This is why i dont trust banks anymore and just like what you said on the partitioned you are saying on here I do really agree on this one on which we do have savings,investment and money on hand.On this way we can really make diversifications on our money which isnt really just focused on a single point which would be also an advantage when it comes on making money.

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September 18, 2017, 01:35:22 PM
 #11151

Definitely save or holding best way to earn a lot of money from Bitcoin. Investment is more effective on short time earning. You can earn a lot of by investing with a short period but it has risk. But holding coin is secure and safe. So i think holding is the best way.
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September 18, 2017, 01:39:50 PM
 #11152

I suggest to start a business let your money work on you. Having a business is obviously hard at first but you just have to wait for your business to grow and the price in the end is worth it but if you don't like this method, start investing.

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September 18, 2017, 01:47:52 PM
Last edit: September 18, 2017, 02:29:56 PM by NelJohn
 #11153

i think its better if both you need save some money and invest too and be careful make sure your investing is legit then you will become successful

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September 18, 2017, 03:00:27 PM
 #11154

Definitely investing. With the inflation and everything, the only way to keep and grow a certain amount of money is to make it work.

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September 18, 2017, 03:06:33 PM
 #11155

Is it better to save money in bank or invest it online, in real estate or maybe gold?

In this industry saving money is just like investing it. Because bitcoins value are not stable just like our country money or current rather. By just simply holding a bitcoins in your wallet can gave you profit if the value rises but remember that it can always fall just like any other coins. The good thing about bitcoins was their value will always rise back again if they fall. They might drops for a while for some various reasons but they can always come back again.
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September 18, 2017, 03:11:12 PM
 #11156

Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think it is a good idea to invest some of your bitcoins then if it get some high profit save the half of your investment in the bank. Actually you can do both save and invest but it only apply on local banks I don't know if there are site that provides investment and savings.
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September 18, 2017, 03:37:42 PM
 #11157

Investing will only be better on saving if there is no scammer but it will not happen. Investing is good for long term, you will need to wait and more patience before you receive the profits. However, there are some investments or should I say a lot which are only a ponzi scheme, asking for small amount turn to big return for a short period of time, so be careful.
it is easily to spot a ponzi scheme if we are a veteran member in this place. But it is hard for newbie. I think that everyone needs to learn about bitcoin carefully before joining so that they can avoid being scammed by other people. As you can see, ponzi scheme can disguide to HYIP, ICO, etc.
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September 18, 2017, 10:43:10 PM
 #11158

I want to indication up for that bank. I get free of charge income and have no threat in any respect? Or is it the financial institution of ponzi?
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September 18, 2017, 10:59:21 PM
 #11159

for me save better because bitcoin price will rise to moon next 30 years
There are so many such schemes now a day which aim at deceiving you by showing big dreams of becoming rich. We need to control our greed then and make a proper research before investing into such schemes. For long term investment, going with bitcoins is very much favorable.
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September 19, 2017, 07:51:35 AM
 #11160

better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation
Maybe its better to save money than investing there is always a risk you take.but in saving there also an inflation of interest but you may also take a risk in the interest.
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