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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
blackmachinegun
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January 26, 2016, 03:32:02 AM
 #2361

Investing in knowledge is always good thing,
so if you have some extra money always try to invest in yourself as much as you can!
yeah agree, I think you have to calculate how much money you have, and you should be smart management. not good to save money too much, reserving a few percent to the investment, is it better
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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bitraine
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January 26, 2016, 03:57:00 AM
 #2362

Invest of course !


much better to do both. save money in the bank to be able to invest some in bitcoins
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January 26, 2016, 08:50:31 AM
Last edit: January 26, 2016, 09:06:11 AM by LuckyYOU
 #2363

I think it is better to invest in bitcoins.
ultimately there is more profit to be gained.
With the future ahead bitcoin will rise up.

darewaller
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January 26, 2016, 01:30:54 PM
 #2364

I think its better to save money. You can store it on the bank.
You get interest for it and later you can invest in something bigger.

again interest in the bank is non-existing, you better of investing in gold that at least should increase in the future by small %, always better than a bank

The difference between the two is that banks give an assured interest amount while gold prices can increase or decrease any time which can also lead to a loss. Banks do have recurring deposit or investment options that give users 10-20% profit but that is again risky.
jt byte
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January 26, 2016, 01:59:53 PM
 #2365

I would say go invest its much better and you probably make a lot of profit in the future. Otherwise a bank is secure, the only thing is you gain only a little profit. Plus its easy to spent money from a bank, bitcoin is a different kind of money so you don't spent it on every store.

But for the future I would choose investing to gain more profit.
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January 26, 2016, 03:00:38 PM
 #2366

I think now at this time that you have to invest. Because I think Bitcoins is now becoming more valuable. And it would be a shame if you can not take advantage out.

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January 26, 2016, 03:07:18 PM
 #2367

I think its better to save money. You can store it on the bank.
You get interest for it and later you can invest in something bigger.

again interest in the bank is non-existing, you better of investing in gold that at least should increase in the future by small %, always better than a bank

The difference between the two is that banks give an assured interest amount while gold prices can increase or decrease any time which can also lead to a loss. Banks do have recurring deposit or investment options that give users 10-20% profit but that is again risky.


i can argue that holding on bank itself is more risky, due to the possibility of bankruptcy, and in fact their interest is equal to the risk, very low, because the risk is very low
shulio
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January 26, 2016, 03:34:19 PM
 #2368

i can argue that holding on bank itself is more risky, due to the possibility of bankruptcy, and in fact their interest is equal to the risk, very low, because the risk is very low

The interest rate is not that low if you are choosing deposits plan account , it could be as high as 10% annually and about 8% annually after the income tax reduction so it is quite high instead if you choose to keep bitcoin alone without even trading with it, thats totally a waste
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January 26, 2016, 03:43:26 PM
 #2369

i can argue that holding on bank itself is more risky, due to the possibility of bankruptcy, and in fact their interest is equal to the risk, very low, because the risk is very low

The interest rate is not that low if you are choosing deposits plan account , it could be as high as 10% annually and about 8% annually after the income tax reduction so it is quite high instead if you choose to keep bitcoin alone without even trading with it, thats totally a waste

it depend on the country here the interest is 2% at best, so not worth it by a long shot, it's better to invest in bitcoin or gold if you feel unsecure
arbitrage
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January 26, 2016, 03:51:33 PM
 #2370

If you can afford it best thing would be :
1. Buy few bitcoins and store them in cold wallet ! And forget them for about 5 years or more!
2. Buy lots of bitcoins now and wait few months for 600$ or more..
3. If you earn something ..i'm here for the drink!
Newcoins2020
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January 26, 2016, 03:55:20 PM
 #2371

I think now its good to invest it.

Because Bitcoin will be more valuable so you get more money for it.
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January 27, 2016, 06:29:13 AM
 #2372

I think now its good to invest it.

Because Bitcoin will be more valuable so you get more money for it.

Value had nothing to do with the price. Bitcoin  will always be valuable because it is different , unique and decentralized currency that has many advantages over the normal other centralized currency however the price couldnt be predicted since we are still in the early stages and it will require some time before we set a stable price
HarHarHar9965
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January 27, 2016, 07:19:36 AM
 #2373

I think now its good to invest it.

Because Bitcoin will be more valuable so you get more money for it.

Value had nothing to do with the price. Bitcoin  will always be valuable because it is different , unique and decentralized currency that has many advantages over the normal other centralized currency however the price couldnt be predicted since we are still in the early stages and it will require some time before we set a stable price

The price of bitcoin not getting increased for a long time. Hope to see a variation in price in a short term. Saving money benefits you with low interest but investment gives you high profit, takes long time. My suggestion invest less but save more. Saving amount can be used for short term earning and the profit gained can be added to the investment that's been made
erwin45hacked
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January 27, 2016, 11:15:53 AM
 #2374

I think now its good to invest it.

Because Bitcoin will be more valuable so you get more money for it.

Value had nothing to do with the price. Bitcoin  will always be valuable because it is different , unique and decentralized currency that has many advantages over the normal other centralized currency however the price couldnt be predicted since we are still in the early stages and it will require some time before we set a stable price

The price of bitcoin not getting increased for a long time. Hope to see a variation in price in a short term. Saving money benefits you with low interest but investment gives you high profit, takes long time. My suggestion invest less but save more. Saving amount can be used for short term earning and the profit gained can be added to the investment that's been made

Saving will only gets you a little interest and it is not really worth it since your interest gained from saving will be less than the inflation rate. Either short term or long term saving will not make any money for you at all. Save less and invest more, thats a better way if you are planning to earn some more money
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January 27, 2016, 04:25:35 PM
 #2375

I think the best option is to save money. spending money is never good, unless you're lucky with so that you have won something, for example a lottery.

But the chance is very small, so it's best just saving and hard work.
jt byte
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January 27, 2016, 04:33:03 PM
 #2376

I think the best option is to save money. spending money is never good, unless you're lucky with so that you have won something, for example a lottery.

But the chance is very small, so it's best just saving and hard work.

Yes we need to save money, but I think investing is better so you can make more profit at the end.
The bitcoin is low at the moment but that's why you should invest it will go up soon.

So if you invest now you likely gonna make a lot of profit, it will take some time but you profit for it, so invest guys.
russian_pete
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January 27, 2016, 04:40:45 PM
 #2377

This is not such a trivial question. There is the risk factor inherent to any investment, of course. But there is also the depreciation of the money you just save. Inflation, no matter how small it is, will always depreciate the value you have kept.

There is also the risk involved in saving, that many neglect. The bank may bankrupt. Your cushion may burn or your house may be stolen.

It`s always a hard decision to make, whether to invest or just keep.
makingwin1
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January 27, 2016, 07:16:18 PM
 #2378

its way much better to invest your money, by investing you are putting your money to work what means that you are going to get some money for free, i would definitely invest
MoneyChanger
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January 27, 2016, 07:22:59 PM
 #2379

Saving money that have problems with great inflation have no sense..
Only if you don't have money at all for any kind of investments.
blackmachinegun
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January 28, 2016, 01:23:51 AM
 #2380

its way much better to invest your money, by investing you are putting your money to work what means that you are going to get some money for free, i would definitely invest
investment is an excellent choice other than to save, but the problem you have to choose a good investment, most now only investment fraud and scam
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