Bitcoin Forum
April 25, 2024, 07:24:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 [704] 705 706 707 708 709 710 711 712 »
  Print  
Author Topic: Is it better to save money or invest it?  (Read 1181153 times)
Blackmet
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


View Profile WWW
March 30, 2018, 08:05:31 PM
 #14061

I think that investing is better and can't explain why. Grin When i tried to invest my money i was failing all the time but i started saving and everything alright nowadays.

"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Lwtelencio
Member
**
Offline Offline

Activity: 253
Merit: 10


View Profile
March 31, 2018, 04:00:18 AM
 #14062

Is it better to save money in bank or invest it online, in real estate or maybe gold?
if you have lots of capital its better to do both side, invest money to bitcoin and save from the bank. invest is to make your money grow quickly and make a huge profit through bitcoin and save it into the bank as a fiat money to access and use every time as your needed.
Ideal
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
March 31, 2018, 06:29:31 AM
 #14063

You can do both, so you can invest while you are saving money by investing
Birin016
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
March 31, 2018, 06:37:59 AM
 #14064

Just invest it anywhere you believe is legit and profitable. Just don't put all your eggs in one basket as we never know what happens in the future. Diversifying is the key. Currently I am also contemplating that my money stored in the bank for urgent need is just too big so I am thinking of a good alternative investment.
spyerf
Full Member
***
Offline Offline

Activity: 378
Merit: 103


View Profile
March 31, 2018, 02:11:38 PM
 #14065

Hands down it is better to invest money safely for an increase than saving it.
Saved money will only remain as it is and if affected by inflation the purchasing power will reduce.

I do not think that way. I think investment has a profit chance and risk of loss even to bankruptcy. we should think twice when doing this. but we should also not be too afraid to take risks for improvement. so it would be nice if we do both, because when we save our money will be intact and can be taken anytime to keep watch from things that are not in want.
jeanpadel14
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
March 31, 2018, 02:30:56 PM
 #14066

Saving - is putting money aside, bit by bit. You usually save up to pay for something specific, like a holiday, a deposit on a home, or to cover any emergencies that might crop up, like a broken boiler. Saving usually means putting your money into cash products, such as a savings account in a bank or building society.
Investing - is taking some of your money and trying to make it grow by buying things you think will increase in value. For example, you might invest in stocks, property, or shares in a fund.

▶▶  [ WHITEPAPER ]  ◀◀            i v y            ▶▶  [ JOIN US NOW! ]  ◀◀
Ivy Disrupts The US$5 Trillion Per Day Money Transfer Market
TELEGRAM     ●    FACEBOOK    ●     TWITTER     ●    YOUTUBE    ●     LINKEDIN
Denifriska
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
March 31, 2018, 02:34:18 PM
 #14067

One thing is sure the olders persons doesn't like such innovation so invest for them is far away as you said youngs always take the risks and if lose they will recover since they can keep working and get those health back, but there is the sharks of investing are the oldest people more knowledge and they make it almost at low low risk investments
reboot24
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
March 31, 2018, 02:35:08 PM
 #14068

Many new investors don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet. Making sure you are clear on this fundamental concept before you begin your journey to building wealth and finding financial independence is vital because it can save you from a lot of heartache and stress.
I've witnessed firsthand, and spoken with many individuals, who lost everything despite having wonderful portfolios because they didn't appreciate the role of cash in their portfolio. Cash deserves respect. The goal of cash is not always to generate a return for you.
Perhaps the best place to start would be to spell out the differences between saving and investing for you, defining both concepts.
princess.tyche
Jr. Member
*
Offline Offline

Activity: 110
Merit: 4


View Profile
March 31, 2018, 03:47:31 PM
 #14069

If i were you, i will divide the funds. That way you can get many income sources. For example, 25% for another crypto investment (so you can grow your money), 25% for gold (another investment), 25% for starting up a bussiness (another sources income), and the other 25% for savings (for backups). Just don't put your money in one hole. You never know when the money would dissappear (as if bad things happened).
Vaniaevergarden
Newbie
*
Offline Offline

Activity: 134
Merit: 0


View Profile
March 31, 2018, 04:33:30 PM
 #14070

The thing is that bitcoin and crypto world bringed us the opportunity to get some income ,some get rich others manage and invest trading it and making good income montly,something that some fortunes could make before with fiat.Banks were one that since the begining making huge profit with the money from their costumers,trading ,lending,well crypto world returned our power to make our money worth more .
Razick
Legendary
*
Offline Offline

Activity: 1330
Merit: 1003


View Profile
March 31, 2018, 05:14:48 PM
 #14071

Actually it is better to do both. Make sure you always have savings in your bank account and ready because you will never know when an emergency might come up and you need instant cash. You should also have investments too on the side, investments are what makes you money while you go about your normal life and daily activities. All you have to do is be patient.

ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
Kokosik
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
March 31, 2018, 06:03:53 PM
 #14072

On one hand, investing is much better than saving because it will make you good profits, especially if you are already finding good projects. On the other hand in the bank your money is in safe hands, you are at low risk, it can help you become financially secure and provide a safety net in case of an emergency. We can't predict the future, especially now, when the situation on the markets is so unstable, in this way saving money is an adequate choice, but if you don't take at risk at all then what are you doing here  Grin
Doych
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
March 31, 2018, 06:10:19 PM
 #14073

Invest it is necessary only those money that you are not afraid to lose!
Because investing in the crypto currency is always a risk!
King Sastro
Sr. Member
****
Offline Offline

Activity: 630
Merit: 251



View Profile
March 31, 2018, 06:21:51 PM
 #14074

Investment is certainly a better option than saving, bravely taking investment risks then we will get big profits and this will certainly make money grow faster, while saving will make banks profit while we do not.


PRIMEXCOIN
█▀▀▀▀▀▀█
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█▄▄▄▄▄▄█

█▀▀▀▀▀▀█
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█▄▄▄▄▄▄█
nikola22
Full Member
***
Offline Offline

Activity: 1316
Merit: 105


View Profile
March 31, 2018, 06:25:33 PM
 #14075

Invest it is necessary only those money that you are not afraid to lose!
Because investing in the crypto currency is always a risk!

but the profit may be really great so that risk worth it. where else can you receive x10 or x100 and more profit in relatively short period of time?

                                                     BetFury                                                    
🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Instagram  🕹
                                                    Free BTC Satoshi every day                                                   
Blackmet
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


View Profile WWW
March 31, 2018, 06:32:20 PM
 #14076

I think that both ways are good enough but can't be use in the same situation. Saving for dark times and investing for bright, always need to understand what happening in your life.

AngellSky
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
March 31, 2018, 08:41:26 PM
 #14077

I think that both ways are good enough but can't be use in the same situation. Saving for dark times and investing for bright, always need to understand what happening in your life.
perhaps these words can be interpreted differently, because I see the point only in saving money and investing it in a good promising project. Separately, investing or saving it is very difficult.

[ Z ] ZooomEx0%  trading  FEE                            CRYPTO EXCHANGE 
facebook  |  TELEGRAM  |  ◥ twitter  [  A N N  ◾  B O U N T Y  ◾  WP   ]
████████████████████ (❪ TRADE NOW ❫) ████████████████████
douglock
Sr. Member
****
Offline Offline

Activity: 300
Merit: 250


View Profile
March 31, 2018, 09:09:37 PM
 #14078

Actually it is better to do both. Make sure you always have savings in your bank account and ready because you will never know when an emergency might come up and you need instant cash. You should also have investments too on the side, investments are what makes you money while you go about your normal life and daily activities. All you have to do is be patient.
Rich people never save their money. They always invest everything that they have so that they will become richer. As you can see, rich people are the one who willing to take risk. The more risk they take, the richer they might be
icoworld
Member
**
Offline Offline

Activity: 300
Merit: 10


View Profile
March 31, 2018, 09:32:40 PM
 #14079

choose investing is the best choice for me to achieve the goals that I set for myself
Flyne d Coin Digger
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
April 01, 2018, 03:41:23 PM
 #14080

In investing we call the starting money as capital so if you have money , give it to me, sorry invest it, now when the maturation comes or when you earn something from your investment save it, and repeat the cycle.
Pages: « 1 ... 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 [704] 705 706 707 708 709 710 711 712 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!