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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
knowhow
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April 09, 2016, 03:05:44 PM
 #3621

I believe the most of us had invested into several ponzis trying to grow our bitcoin,soo the saving of it would be the best way as the price keeps growing over the time.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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April 09, 2016, 03:46:23 PM
 #3622

I think it's better to invest it, since putting it into a back account delivers almost no interest. Of course
you can lose money while investing it, so don't invest any money which you can not afford to lose.


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April 09, 2016, 04:02:27 PM
 #3623

I believe the most of us had invested into several ponzis trying to grow our bitcoin,soo the saving of it would be the best way as the price keeps growing over the time.

Yeah even I did the same mistake when I was newbie, I invested few coins in a site thinking that it will get doubled in few months but then I realized that I have been cheated  Angry
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April 09, 2016, 04:06:56 PM
 #3624

I believe the most of us had invested into several ponzis trying to grow our bitcoin,soo the saving of it would be the best way as the price keeps growing over the time.

Yeah even I did the same mistake when I was newbie, I invested few coins in a site thinking that it will get doubled in few months but then I realized that I have been cheated  Angry

I know what you feel man, when i still noob i also invest on ponzi and ended with scam. But now i already know how ponzi works and i can invest on it now.
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April 09, 2016, 04:07:06 PM
 #3625

Its very good to invest these days because of the future that the bitcoin has,  it has a very good future a head in my opinion.
I think saving can also be good so why should you not just do both right it would be good, you never know what will happen with the bitcoin itself.


Actually you need them both. You need to save money for emergencies, so that you will have something to pull when you have sudden need. And you need investments for your future finances like retirement or something like that.
sorry no offense i think you wrong save money is for your future finance because in every investment have a risk to make you lose your money.
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April 09, 2016, 04:07:19 PM
 #3626

Overall I think investing in the bitcoin is much better because there is a good chance that the bitcoin is gonna rise this year with large numbers.
This will rise because of the halving, so investing is good, although its unpredictable what is really gonna happen it will most likely rise.
Right you should have to wait a few months more to be benefitted with bitcoin price increase, Halving will occur in the mid of July in this year and will have a good effect on the price of bitcoin.

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April 09, 2016, 04:42:26 PM
 #3627

Maybe... both? You can save a part of your money to provide safety to yourself and your family and invest the remainant. Investment possibilities are nearly endless: there are gold, bitcoins, startups and stocks.
Just remember to diversify your investments or you could end with no money at all.
malphite
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April 09, 2016, 04:46:31 PM
 #3628

I believe the most of us had invested into several ponzis trying to grow our bitcoin,soo the saving of it would be the best way as the price keeps growing over the time.

Yeah even I did the same mistake when I was newbie, I invested few coins in a site thinking that it will get doubled in few months but then I realized that I have been cheated  Angry

I know what you feel man, when i still noob i also invest on ponzi and ended with scam. But now i already know how ponzi works and i can invest on it now.

I can admit most people fell into scams that were paying out, or wasnt sure if it still was which made it worst.

Hopefully you can invest it into a legit investment now lol.
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April 09, 2016, 04:50:28 PM
 #3629

Overall I think investing in the bitcoin is much better because there is a good chance that the bitcoin is gonna rise this year with large numbers.
This will rise because of the halving, so investing is good, although its unpredictable what is really gonna happen it will most likely rise.
Right you should have to wait a few months more to be benefitted with bitcoin price increase, Halving will occur in the mid of July in this year and will have a good effect on the price of bitcoin.
At this time we all, the users of bitcoin, are investing our money in bitcoin and are waiting for the increase of its price. You also invest, it is a better chance to earn for free, Invest, wait and get profit.

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April 09, 2016, 06:13:20 PM
 #3630

Overall I think investing in the bitcoin is much better because there is a good chance that the bitcoin is gonna rise this year with large numbers.
This will rise because of the halving, so investing is good, although its unpredictable what is really gonna happen it will most likely rise.
Right you should have to wait a few months more to be benefitted with bitcoin price increase, Halving will occur in the mid of July in this year and will have a good effect on the price of bitcoin.
At this time we all, the users of bitcoin, are investing our money in bitcoin and are waiting for the increase of its price. You also invest, it is a better chance to earn for free, Invest, wait and get profit.

Not all lol.

But I get what you mean though. Some people had been collecting the outdated miners and been mining then buying really. Imagine the thought of high $800`s gets me excited.
Crazygreek
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April 09, 2016, 07:08:04 PM
 #3631

Maybe... both? You can save a part of your money to provide safety to yourself and your family and invest the remainant. Investment possibilities are nearly endless: there are gold, bitcoins, startups and stocks.
Just remember to diversify your investments or you could end with no money at all.

I think situation is how to use specific amount of money on smth just one time. It's really better to use two ways at the same time.

knowhow
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April 10, 2016, 12:52:35 AM
 #3632

Well on the time that is coming holding is the best investment as the price should and must go up atleast the pression in on it.
rababo
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April 10, 2016, 03:41:01 AM
 #3633

I do both.
Half of my money goes to investments, and rest of my money is for savings.
This way I feel it's the best for me.
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April 10, 2016, 04:10:56 AM
 #3634

I do both.
Half of my money goes to investments, and rest of my money is for savings.
This way I feel it's the best for me.

That's nice that you are doing both... Doing both would give you an idea which one would be the best for you ..Saving it for safety or investing it for profit...

It would be nice if you would save your profit from the investment.

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April 10, 2016, 04:29:00 AM
 #3635

Well on the time that is coming holding is the best investment as the price should and must go up atleast the pression in on it.

You are only hoping that the price will go up but in fact it doesnt really mean that the price will always go up, sometimes it goes down and stays the same depends on the variance for the price therefore it is a stupid dream to hope that the price will keep on going up. If it did happen then it is great however if it is not then that is where plan B will be used

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winspiral
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April 10, 2016, 10:01:16 AM
 #3636

On my u2cloudmining system people can claim shares for free.
they can then sell them or claim other shares.
they can re-invest pending payout.

We can see that all kind of strategies are used by the members.

Somme prefer claiming and selingl and get the satoshi on their wallet.
Other ones prefer re-investing.
it is hard to tell for other people what is the best to do.


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April 10, 2016, 03:06:39 PM
 #3637

I would love to invest my money in bitcoin at a moment as I don't see any other better product then bitcoin to invest my money, I am saving few and investing more.

Everyone are keen in investing, but before investing find the proper site and move forward with your hardly earned bitcoins. Only then its a good investment.

Yeah there are many ponzi sites around that can scam you and run away with your bicoins, so you need to do a great research before investing your bitcoin.

It is a must to research the company you want to invest in before you hand your money to them. It is not just in bitcoin. If you do not do your homework, you are at high risk of investing into a scam. Always be aware of those high yield investment in short period of time. Most of them as.scams or.ponzi.
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April 10, 2016, 03:16:46 PM
 #3638

Well on the time that is coming holding is the best investment as the price should and must go up atleast the pression in on it.

there is no should or must here out of nowhere. you can't just guess that because of the past halving caused a rise this time it may not happen.

although i am expecting a rise but i have so many different reasons for that and not just hoping for a rise because of halving.

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April 10, 2016, 04:19:45 PM
 #3639

Overall I think investing in the bitcoin is much better because there is a good chance that the bitcoin is gonna rise this year with large numbers.
This will rise because of the halving, so investing is good, although its unpredictable what is really gonna happen it will most likely rise.


Yes,bitcoin is a good investment to have and it will give everyone a profit and with the coming halving there is a much price increase that will be happening.

Save and invest. If you save at a bank profit will be annually. If you save through bitcoin profits will be there any minute. You just need to keep track of the movement. Take the profit from your investment then save that in your piggy bank.
And I will say that saving in banking and getting interest on it is in some religions not considred as good but a sin, while in bitcoin there involve trade which is good and not a sin.
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April 10, 2016, 04:26:28 PM
 #3640

Overall I think investing in the bitcoin is much better because there is a good chance that the bitcoin is gonna rise this year with large numbers.
This will rise because of the halving, so investing is good, although its unpredictable what is really gonna happen it will most likely rise.


Yes,bitcoin is a good investment to have and it will give everyone a profit and with the coming halving there is a much price increase that will be happening.

Save and invest. If you save at a bank profit will be annually. If you save through bitcoin profits will be there any minute. You just need to keep track of the movement. Take the profit from your investment then save that in your piggy bank.
And I will say that saving in banking and getting interest on it is in some religions not considred as good but a sin, while in bitcoin there involve trade which is good and not a sin.

Yeah I think muslims doesn't collect interest, they will make an charity with that money, and we should respect that and trading is always good to earn some extra money.
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