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wikenpp
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June 01, 2016, 09:31:03 PM |
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With the current interest so low (close to negative, and even negative is some countries like japan) it don't make sense to only safe your money.
It's about finding a right balance between saving/investing.
In my case i decided to invest 55% and put the rest on a savings accounts.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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aranachristianjay
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June 02, 2016, 04:16:37 AM |
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I think it is better to invest money then saving it. That is only because if you are investing it you are also saving it because you cant spent it anymore. And if you invest good you will get more out of it in the end.
You need some saved money for emergency purposes. It is important to have something to withdraw when you suddenly have medical needs or your car suddenly broke. You cannot easily get money from investments because those have holding time or processing time before you get the money. Surely correct but be sure to invest more compare to savings. save only what you need in case of an emergency but don't over exceed your savings as it is not profitable and only banks earn money from your savings as they are using your savings for their investment, but if you are trying to say that save by means of putting reserve cash in your wallet or your hidden drawer if ever you have, then bank will not earn from your money and you also doesn't have the small interest given by them to you. And it should be other way around too, invest what you can afford to lose too and just make yourself more aware. Yes, never invest more then you can afford to lose. For that matter don't invest with loaned money. Since every investment comes with risk. Sometimes big risks, some times small, but risk is always there. Very well said, it's like no pain no gain, so take the risk and in return you will get more or nothing that's how trading works, it is like gambling. and try to think that if you use loaned money on trading that is like doing gambling with a borrowed money and if you lose your dead, that comes to a point where you need to save a money so that in case of financial emergency needs you have something to grab upon to. |
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boyptc
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June 02, 2016, 04:41:47 AM |
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I think it is better to invest money then saving it. That is only because if you are investing it you are also saving it because you cant spent it anymore. And if you invest good you will get more out of it in the end.
You need some saved money for emergency purposes. It is important to have something to withdraw when you suddenly have medical needs or your car suddenly broke. You cannot easily get money from investments because those have holding time or processing time before you get the money. Surely correct but be sure to invest more compare to savings. save only what you need in case of an emergency but don't over exceed your savings as it is not profitable and only banks earn money from your savings as they are using your savings for their investment, but if you are trying to say that save by means of putting reserve cash in your wallet or your hidden drawer if ever you have, then bank will not earn from your money and you also doesn't have the small interest given by them to you. And it should be other way around too, invest what you can afford to lose too and just make yourself more aware. Yes, never invest more then you can afford to lose. For that matter don't invest with loaned money. Since every investment comes with risk. Sometimes big risks, some times small, but risk is always there. Very well said, it's like no pain no gain, so take the risk and in return you will get more or nothing that's how trading works, it is like gambling. and try to think that if you use loaned money on trading that is like doing gambling with a borrowed money and if you lose your dead, that comes to a point where you need to save a money so that in case of financial emergency needs you have something to grab upon to. You are right guys, no pain no gain, no risk, no income at all but there are certain measurements to be considered. But for me, this is very simple, if you don't want to take risk, of course don't go into investment. So better to save your btc's out there and just stay calm and wait for the halving. |
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daringdiscovered
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June 02, 2016, 05:31:49 AM |
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If you plan to buy something or preparing for your future you should save it. But if you want to grow it, invest it where you are comfortable with and have many knowledge about it. Don't invest it just because you can earn bigger but you don't know how your money grows.
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tabas
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June 02, 2016, 07:41:41 AM |
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If you plan to buy something or preparing for your future you should save it. But if you want to grow it, invest it where you are comfortable with and have many knowledge about it. Don't invest it just because you can earn bigger but you don't know how your money grows.
But for me, I would prepare to save it today and just going to wait for the incoming halving and once the the halving is over. I'll go invest now the money that I earned with the price increase using my current bitcoin. |
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Cybertron00
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June 02, 2016, 08:24:04 AM |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
i suggest you to convert it on bitcoin then start trading you can earn faster on trading than investing you can withdraw your bitcoin anytime you want and earn bigger than investing you just need patience and time, if your not compatible with trading you can try investing on cloudmining but invest only on trusted site |
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Chrismeister
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June 02, 2016, 09:02:42 AM |
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better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow
saving money in the bank, will only mean losing them in the long-term with the current high inflation
I think that it is saver to save your money because that way you are sure that you are not going to lose that money. With investing it it can dure a while before you get your share back plus a profit on top on that. |
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pearl11
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June 02, 2016, 09:20:58 AM |
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If you have 10 btc ,then save the 5 and invest the other half,, if your confuse which of them will you choose.
You have save 5 in case of emergency ,and.the other half for long term profit..
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jakelyson
Legendary
 Offline
Activity: 2184
Merit: 1069
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June 02, 2016, 10:13:08 AM |
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If you have 10 btc ,then save the 5 and invest the other half,, if your confuse which of them will you choose.
You have save 5 in case of emergency ,and.the other half for long term profit..
If you invest one half and save the other half, what will you use for your daily expenses? That is too much investments and savings. What is the use of those if you will not eat at all. The better percentage is 20 % saving and 20 % investments. The money left should be used for daily expenses like food and clothing and rent or mortgage of the house. YOu need to live in order to enjoy the profits of your investments and savings. |
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eaLiTy
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June 02, 2016, 10:19:53 AM |
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If you have 10 btc ,then save the 5 and invest the other half,, if your confuse which of them will you choose.
You have save 5 in case of emergency ,and.the other half for long term profit..
where do you generally invest the other half. i would like to know about it clearly. why not keep everything in BTC and reap the profits when price increases.  thats the best possible solution i think is the best. if not i want a guide on how to invest  |
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saiha
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June 02, 2016, 11:01:10 AM |
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If you have 10 btc ,then save the 5 and invest the other half,, if your confuse which of them will you choose.
You have save 5 in case of emergency ,and.the other half for long term profit..
That's what I'm thinking also if I have something to save or invest it. 50% for saving and 50% for investing. But it depends to the price of bitcoin if the price reaches higher I'm going to put all of it to saving. |
Vires in Numeris
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adibe
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June 02, 2016, 11:10:53 AM |
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Better you invest all your money into bitcoin now. Because i think the price of bitcoin will keep increase until the halving come. You will get much profit from it.
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saiha
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June 02, 2016, 11:28:29 AM |
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Better you invest all your money into bitcoin now. Because i think the price of bitcoin will keep increase until the halving come. You will get much profit from it.
That's not a recommended thing to do that you will going to invest all of your money to bitcoin. It is a bit risky if you are going to do that. But it depends upon on your strategy like you are going to invest all of your money and wait for the coming halving. For sure you will earn from it. |
Vires in Numeris
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Viyamore
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June 02, 2016, 12:22:21 PM |
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Better you invest all your money into bitcoin now. Because i think the price of bitcoin will keep increase until the halving come. You will get much profit from it.
That's not a recommended thing to do that you will going to invest all of your money to bitcoin. It is a bit risky if you are going to do that. But it depends upon on your strategy like you are going to invest all of your money and wait for the coming halving. For sure you will earn from it. I don't think that it is risky to do holding and invest all money ,for now that was the best thing to do and many of us(bitcoiners) are holding and waiting until the end of halving. Halving is very profitable.so both it is saving and investing. |
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jakelyson
Legendary
Offline
Activity: 2184
Merit: 1069
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June 02, 2016, 01:56:39 PM |
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Better you invest all your money into bitcoin now. Because i think the price of bitcoin will keep increase until the halving come. You will get much profit from it.
Even if thr price of bitcoin will.go up, it is not wise to put all your money on a single investment. First, you have to set aside something for unexpected events or emergencies in your life. And second, putting all money on a.single investment increases your risk. It better to diversify your funds and put them on different investment platforms. |
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bladeandsoulguide
Newbie
Offline
Activity: 42
Merit: 0
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June 02, 2016, 02:41:40 PM
Last edit: August 23, 2016, 01:54:48 PM by bladeandsoulguide |
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save money will make you poor goverment create more and more money so invest it invest money on house.
buy and sell blade and soul gold we accept bitcoins |
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ardentvolcanoes
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June 02, 2016, 03:18:38 PM |
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why don't you try to do it both ? maybe it is better to do saving your money at the same time investing your money . saving your money means to secure your secure it and investing your money is the way grow it so this would help you to secure at the same time you are earning money . but you should be aware that there is some investment that is not safe observe for it before you decide to make an investment .
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Jmild1
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June 02, 2016, 03:30:00 PM |
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save money will make you poor
goverment create more and more money
so invest it
invest money on house.
Good idea to invest a money, just to be sure to save some for safety measures like emergency. |
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sotisoti
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June 02, 2016, 03:32:28 PM |
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I have an emergency fund and I invest unused money in cryptocurrencies...
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Bitrated user: sotisoti.
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sallymeeh27
Full Member
Offline
Activity: 210
Merit: 100
www.secondstrade.com - 190% return Binary option
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June 02, 2016, 03:36:00 PM |
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It is always been better to invest money rather than saving them. I have tried saving money many times but the amount is still there like it won’t grow it’s just sleeping and I am thinking that I should do something that will make my money more worth. The more that I am thinking that I save money is to buy some things and then it will be lower. I have check that it will be better to invest them in different aspects which is more applicable. In somehow it will grow more than you think and moving on its own.
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