Zitdadast
Sr. Member
 Offline
Activity: 312
Merit: 250
LTC fan 4ever
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April 16, 2016, 04:53:46 PM |
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If it is fiat, I would like to save it. But for the bitcoin, there are not many insured service for investment. I will keep it.
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armansolis593
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April 17, 2016, 04:36:15 AM |
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If it is fiat, I would like to save it. But for the bitcoin, there are not many insured service for investment. I will keep it.
Well keeping bitcoin is also investing to it since its price is getting higher each year its better just to keep it safe in your wallet than using it to invest. |
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Zacudis
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April 17, 2016, 08:49:47 AM |
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If your not real good at investing, or do not understand the real estate market, your better off keeping your money in a bank, a cd, is a good option, or just a simple savings account many banks keep a decent interest rate for things like that.
You mainly want to invest in something that is solid, that is going to give you profit at the end of the day.
You can hire an investment agent, broker, just make sure they have a good background that is solid.
Hope this helps.
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///// [XVG]★★★★★ VERGE ★★★★★[Multi-Algo] \\\\\
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mindrust
Legendary
Offline
Activity: 3248
Merit: 2425
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April 17, 2016, 10:56:33 AM |
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Save until you feel safe to make an "investment". If you know what sht you're investing in, i mean if you know your "shit", you won't easily fck up. If you don't know what you are doing, that is not investing. That is called gambling. And gamblers always lose. Now ask me, but some gamblers do actually win?  ? That is because they are not gambling, they know their shit. |
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nielaminda
Member
Offline
Activity: 70
Merit: 10
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April 17, 2016, 11:43:28 AM |
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Doing both thing would profit you more invest the money that you have then all the interest that you get goes to your savings then repeat you win all the time,just know what investment you want to go through before investing your money.
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faridkifly
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April 17, 2016, 12:36:46 PM |
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Invest more better than saving because investments have the potential for higher return than a regular savings account if you do with right.
but the investment can not guarantee whether the money we will be back. what do you do if it fails to invest? |
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znickelbackz
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April 17, 2016, 01:12:03 PM |
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Invest more better than saving because investments have the potential for higher return than a regular savings account if you do with right.
but the investment can not guarantee whether the money we will be back. what do you do if it fails to invest? follow methods, laws of investment, invest on multiple things, it can't be failed all the time. do it safely if you are not quite confident in yourself, so if you fail you can try again. |
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bob123
Legendary
Offline
Activity: 1624
Merit: 2481
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April 17, 2016, 01:17:09 PM |
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Saving money at bank is a bad idea due to the inflation.
Either invest in bitcoin or for example a company.
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bamboylee
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April 17, 2016, 02:34:31 PM |
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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.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks. and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest. Not in our country. Not everyone here has a savings account. Mostly they live by what they earn in a day. So, if they have to choose savings or.investment, they'll refuse both. They have to eat first before they even think of saving. |
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Hellacopter
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April 17, 2016, 02:41:10 PM |
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Saving money at bank is a bad idea due to the inflation.
Either invest in bitcoin or for example a company.
Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea. But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable. |
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bamboylee
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April 17, 2016, 02:59:26 PM |
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Saving money at bank is a bad idea due to the inflation.
Either invest in bitcoin or for example a company.
Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea. But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable. If halving promises holds true, then it is a good way to make your money grow. But if the price stays the same, It could be very hard to make the money grow since the price is not moving that much. |
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Ulloa
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April 17, 2016, 03:00:18 PM |
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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.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks. and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest. Not in our country. Not everyone here has a savings account. Mostly they live by what they earn in a day. So, if they have to choose savings or.investment, they'll refuse both. They have to eat first before they even think of saving. Well even then you can decide to lock away some money in your socks and when the amount is substantial bring it to the bank. In the end it is about money control. |
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extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
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April 17, 2016, 04:13:38 PM |
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Saving money at bank is a bad idea due to the inflation.
Either invest in bitcoin or for example a company.
Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea. But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable. If halving promises holds true, then it is a good way to make your money grow. But if the price stays the same, It could be very hard to make the money grow since the price is not moving that much. this thing is unpredictable I think. peoples are saying that bitcoin price will reach 1000$ but no one sure about it. and they are only guessing about bitcoin future.. but saving in bitcoin is still better then saving fiat in bank.. it is more secured and safe. |
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romero121
Legendary
Offline
Activity: 3164
Merit: 1213
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April 17, 2016, 04:42:51 PM |
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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.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks. and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest. Not in our country. Not everyone here has a savings account. Mostly they live by what they earn in a day. So, if they have to choose savings or.investment, they'll refuse both. They have to eat first before they even think of saving. In most countries the above mentioned scenario can be seen. But this happens to a very limited percentage of the people. This could change eventually towards the use of saving or investment when they get monthly pay rather than daily wages. |
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beduku22
Newbie
Offline
Activity: 42
Merit: 0
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April 17, 2016, 05:00:19 PM |
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Saving usually put into the safest places or products that allow you access to your money at any time like savings accounts and certificates of deposit. But here you earn very little interest.
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voztata
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April 17, 2016, 08:05:21 PM |
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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.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks. and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest. Not in our country. Not everyone here has a savings account. Mostly they live by what they earn in a day. So, if they have to choose savings or.investment, they'll refuse both. They have to eat first before they even think of saving. You are right everyone do the same, they first think about their food shelter and clothes etc after that if they have remained some money they think to invest them or save them in their banks. |
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stromma44
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April 17, 2016, 08:27:49 PM |
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Saving and investing in bitcoin is the best thing to do at a moment, as it take cares of our savings and it can be the best investment for future if price goes higher.
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malzahar
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April 17, 2016, 08:44:42 PM |
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Saving usually put into the safest places or products that allow you access to your money at any time like savings accounts and certificates of deposit. But here you earn very little interest.
Theres no doubt the question of saving, but the real untold question should be is where? Where do we put a sizeable amount so we can continue buying bitcoins at a steady pace..its hard to find a secure good investment. |
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umaOuma
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April 17, 2016, 09:36:14 PM |
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Saving usually put into the safest places or products that allow you access to your money at any time like savings accounts and certificates of deposit. But here you earn very little interest.
Theres no doubt the question of saving, but the real untold question should be is where? Where do we put a sizeable amount so we can continue buying bitcoins at a steady pace..its hard to find a secure good investment. Investing money is always an best of all, no doubt all investments goes with risk but saving will not pay you higher in future as you also need to keep inflation rate in mind. |
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richjohn
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April 17, 2016, 09:42:29 PM |
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Saving usually put into the safest places or products that allow you access to your money at any time like savings accounts and certificates of deposit. But here you earn very little interest.
Theres no doubt the question of saving, but the real untold question should be is where? Where do we put a sizeable amount so we can continue buying bitcoins at a steady pace..its hard to find a secure good investment. Investing money is always an best of all, no doubt all investments goes with risk but saving will not pay you higher in future as you also need to keep inflation rate in mind. Investing is also a smart way. You don't need to save and save because you are afraid to lose it all. In able to earn more, you need to ready for the risk and able to learn from it to become more perfect on your next investment. |
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