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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
Piltover
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April 13, 2016, 02:13:33 PM
 #3701

Its better to do this both because people already said this if the bitcoin is not going to the right direction you still will have some money that you have saved for accidental things like this.
Overall I think the bitcoin has a good future, this year for sure because of the halving so investing is not bad these days.
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April 13, 2016, 02:42:26 PM
 #3702

Well all people saying that the halving is the main reason to invest at bitcoin this year,if the price dont cross the 500 dollars what people would think about it?Anyway sure we must take now some risk investing at bitcoin ,and we can collect amazing rewards.
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April 13, 2016, 02:49:07 PM
 #3703

Well all people saying that the halving is the main reason to invest at bitcoin this year,if the price dont cross the 500 dollars what people would think about it?Anyway sure we must take now some risk investing at bitcoin ,and we can collect amazing rewards.

Id rather choose that the price stays as it is. The current price is actually much better than a $500 floor because with such huge increase which is around 25 % of the current price there is a huge risk that it will drop as fast as it goes up so personally Id rather choose the price to be stable as it currently is
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April 14, 2016, 12:20:52 AM
 #3704

Well all people saying that the halving is the main reason to invest at bitcoin this year,if the price dont cross the 500 dollars what people would think about it?Anyway sure we must take now some risk investing at bitcoin ,and we can collect amazing rewards.

Id rather choose that the price stays as it is. The current price is actually much better than a $500 floor because with such huge increase which is around 25 % of the current price there is a huge risk that it will drop as fast as it goes up so personally Id rather choose the price to be stable as it currently is
I dont know till where the halving price may been present already,at the 400 dollars,but well the people were able to make 33% to 80% from last year to this one.
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April 14, 2016, 12:22:02 AM
 #3705

for me i will choose both of them, but in fact it's very hard to save money, im trying save 0.07/week to my paper wallet, but i redeem it after reach 0.4btc and use it to backup my trading altcoin.
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April 14, 2016, 04:17:21 AM
 #3706

If you are doing both is the best thing that you can do because with saving money you will never lose some money and that is nice and investing you can earn some money.
But the only thing with investing is that you never know what the value will be and that can takes a long time until the price will rise.

I think its good do both indeed because you can make profit by that by doing it both in my opinion.
Investing is also very good these days because of the future the bitcoin itself has.



yeah I agree with you friend is it better to save money or invest for future  good  when you have some money first you make yourself future for me . I think bitcoin is good for save money and invest for future and who have some bitcoin . he future is bright .


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April 14, 2016, 05:42:46 AM
 #3707

for me i will choose both of them, but in fact it's very hard to save money, im trying save 0.07/week to my paper wallet, but i redeem it after reach 0.4btc and use it to backup my trading altcoin.

This is one of the most ridiculuos things to read . If you are planning to save something into a paper wallet and do so without the urge of using it back after few weeks. There is no point in saving with the paper wallet if you will take it out again , there is much more convenience things to be used
darewaller
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April 14, 2016, 06:52:37 AM
 #3708

saving money is also kind of investment - to fiat itself. so your question doesn't makes so much sense:(

i think he want to say, wich is better betwen  saving money at bank and spend it his money to buying something (gold, bitcoin etc.) for investment.

but saving money itself is like you investing your money at your country.

But I think you understood saving meaning wrongly. Saving money may help you when you need of money but it will not grow your money. Only in some countries, bank FD's will get some % interest but you need to consider inflation means over the time your savings value may go down. So you need to find a ways to increase your money either investing in any good products like gold or bitcoins or property.
But you can also easily use your money invested in bitcoin any time you need, you money is invested in the form of bitcoin it is increasing in amount and it is in your control that whenever you need it you can directly use them as your saved money.
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April 14, 2016, 07:49:49 AM
 #3709

saving money is also kind of investment - to fiat itself. so your question doesn't makes so much sense:(

i think he want to say, wich is better betwen  saving money at bank and spend it his money to buying something (gold, bitcoin etc.) for investment.

but saving money itself is like you investing your money at your country.

But I think you understood saving meaning wrongly. Saving money may help you when you need of money but it will not grow your money. Only in some countries, bank FD's will get some % interest but you need to consider inflation means over the time your savings value may go down. So you need to find a ways to increase your money either investing in any good products like gold or bitcoins or property.
But you can also easily use your money invested in bitcoin any time you need, you money is invested in the form of bitcoin it is increasing in amount and it is in your control that whenever you need it you can directly use them as your saved money.

Investment not always ended with profit, investment also have a risk. Bitcoin is good for investment but you need know when is the right time to buy and the right time to sell.
haileysantos95
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April 14, 2016, 07:56:25 AM
 #3710

saving money is also kind of investment - to fiat itself. so your question doesn't makes so much sense:(

i think he want to say, wich is better betwen  saving money at bank and spend it his money to buying something (gold, bitcoin etc.) for investment.

but saving money itself is like you investing your money at your country.

But I think you understood saving meaning wrongly. Saving money may help you when you need of money but it will not grow your money. Only in some countries, bank FD's will get some % interest but you need to consider inflation means over the time your savings value may go down. So you need to find a ways to increase your money either investing in any good products like gold or bitcoins or property.
But you can also easily use your money invested in bitcoin any time you need, you money is invested in the form of bitcoin it is increasing in amount and it is in your control that whenever you need it you can directly use them as your saved money.

Investment not always ended with profit, investment also have a risk. Bitcoin is good for investment but you need know when is the right time to buy and the right time to sell.


Yeah having to know when to buy your coins and when to sell it will give you profit but if you just trade and trade without knowing then you will lose a lot of money.
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April 14, 2016, 07:58:13 AM
 #3711


Investment not always ended with profit, investment also have a risk. Bitcoin is good for investment but you need know when is the right time to buy and the right time to sell.

of course yess, i invest arround 0.5btc at cloudmining and now the site is can't acces, trading is best choice but for newbie it's very risky.
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April 14, 2016, 08:31:13 AM
 #3712


Investment not always ended with profit, investment also have a risk. Bitcoin is good for investment but you need know when is the right time to buy and the right time to sell.

of course yess, i invest arround 0.5btc at cloudmining and now the site is can't acces, trading is best choice but for newbie it's very risky.

the reason why an investment cannot end in profit is because the investors are newbies that are too lazy to do some research before investing in that plan.
for example, doing some research or just googling the cloudminer's name with keyword scam will show them if they can trust it or not.

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tottong
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April 14, 2016, 08:57:58 AM
 #3713

saving money is also kind of investment - to fiat itself. so your question doesn't makes so much sense:(

i think he want to say, wich is better betwen  saving money at bank and spend it his money to buying something (gold, bitcoin etc.) for investment.

but saving money itself is like you investing your money at your country.

But I think you understood saving meaning wrongly. Saving money may help you when you need of money but it will not grow your money. Only in some countries, bank FD's will get some % interest but you need to consider inflation means over the time your savings value may go down. So you need to find a ways to increase your money either investing in any good products like gold or bitcoins or property.
But you can also easily use your money invested in bitcoin any time you need, you money is invested in the form of bitcoin it is increasing in amount and it is in your control that whenever you need it you can directly use them as your saved money.

Investment not always ended with profit, investment also have a risk. Bitcoin is good for investment but you need know when is the right time to buy and the right time to sell.

You are right,  investment very risky if scam you lost all money
Trade is good choice now, but be carefull.

dhimasnk
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April 14, 2016, 09:38:51 AM
 #3714

I would advise to choose both. because, these two things are equally important

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benmartin613
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April 14, 2016, 09:52:25 AM
 #3715

I would advise to choose both. because, these two things are equally important


Yes there are really important to the bitcoin users who want to be successful in having lots of money they will just have to know how to do it properly.
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April 14, 2016, 10:10:37 AM
 #3716

I would advise to choose both. because, these two things are equally important
both are things that have excess it might be nice if you had some savings and investment. it will give additional income and you can keep it I think it's a good idea Cheesy

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April 14, 2016, 11:59:20 AM
 #3717

Saving money is not that bad but if you want to earn some money with Bitcoin than you have to know that you can also make in investment and sell it later.
And investing is not that bad because you can see that the value is now not even high.
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April 14, 2016, 12:43:46 PM
 #3718

Saving money is not that bad but if you want to earn some money with Bitcoin than you have to know that you can also make in investment and sell it later.
And investing is not that bad because you can see that the value is now not even high.

If you are looking to invest your money into bitcoin then I think this is the right time as the price is not too high and  if you invest with current price then you can earn higher profit in future.
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April 14, 2016, 03:35:23 PM
 #3719

Saving money is not that bad but if you want to earn some money with Bitcoin than you have to know that you can also make in investment and sell it later.
And investing is not that bad because you can see that the value is now not even high.

If you are looking to invest your money into bitcoin then I think this is the right time as the price is not too high and  if you invest with current price then you can earn higher profit in future.

The price is still quite low at the $420 price range. The price will rise to much higher level after halving.
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April 14, 2016, 03:51:51 PM
 #3720

One of the better ways to invest money is to buy an ETF it is a bunch of stocks that you own a part of. They generally have a track record of growing 10% a year and they are considered safe investments.

Buying stocks is even more risky than trading btc, with the world economy experiencing some crisis from time to time.
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