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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
BossMacko
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July 13, 2016, 04:02:55 PM
 #5541

Investing is like saving money for me. Before you invest you should research about the Company first or invest in a stock market. It is better than saving your money in the bank. Saving money in the bank will give you interest but it is very low interest. If you are a risk taker i prefer you to invest instead of keeping your money in the bank.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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fkvidar
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July 13, 2016, 04:26:45 PM
 #5542

Doing both things.First save the money and when you have enough money then invest them and then repeat the process. You cannot invest if u dont have any savings . And to get profit from your savings you must invest it.

yes I think enough to do both and it will go well. when one is lost, you still have a reserve of money.

and I think if someone is foolish to invest and put 100% of all the their money.

That's right never invest all money in same thing, either diversify your investments to minimize risk and if you cannot afford to invest then simply save money for future.
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July 13, 2016, 05:04:16 PM
 #5543

It is allot saver to save your own money at home or a bank because that way you are sure that when you have saved enough that the saving has paid off.
With investing your money it is not sure that you are going to make your money back.
Everything involves a risk as long as it has value. Even if you think that your money is safe and secured in a bank or at your home, there is still the risk of losing it one way or another. Same goes with investing your money. Due diligence is needed whenever we put money on investments that have high risk.
And those who does not know how to risk will not go anywhere, if they dream to be rich they will never be because the way to become rich is to risk big to get a big income.

Yeah, only those can get success who can get the risk, otherwise no one can get any success and no one can become rich, so if you want to get more income try to get risk to invest your money.
socks435
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July 13, 2016, 05:12:32 PM
 #5544

It is allot saver to save your own money at home or a bank because that way you are sure that when you have saved enough that the saving has paid off.
With investing your money it is not sure that you are going to make your money back.
Everything involves a risk as long as it has value. Even if you think that your money is safe and secured in a bank or at your home, there is still the risk of losing it one way or another. Same goes with investing your money. Due diligence is needed whenever we put money on investments that have high risk.
And those who does not know how to risk will not go anywhere, if they dream to be rich they will never be because the way to become rich is to risk big to get a big income.

Yeah, only those can get success who can get the risk, otherwise no one can get any success and no one can become rich, so if you want to get more income try to get risk to invest your money.
I think risking your money or bitcoin is not good way to be rich they is a legit way to be rich.. savings is the bst to be rich in the future.. if you are a bitcoin collector just to save it and never spend for a long time if  you just hold bitcoin for a years and collecting more bitcoin expect after 5 years or more you will be rich if you are saving it for a long time..

Solving blocks can't be solved without my rigs.
bitdumper
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July 13, 2016, 05:18:44 PM
 #5545

i will prefer save your money and invest only from profits . example suppose you invested 0.1btc and you got profit of 0.12btc then invest the 0.02btc only at next turn i know that will make it too slow but this can be what i call a safe play

Corenin
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July 13, 2016, 05:37:16 PM
 #5546

i will prefer save your money and invest only from profits . example suppose you invested 0.1btc and you got profit of 0.12btc then invest the 0.02btc only at next turn i know that will make it too slow but this can be what i call a safe play

That is the right thing to do, its good to play safe and be satisfied with small profits rather then getting greedy and putting huge money in a single place and loosing it in long run.
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July 13, 2016, 05:43:05 PM
 #5547

i will prefer save your money and invest only from profits . example suppose you invested 0.1btc and you got profit of 0.12btc then invest the 0.02btc only at next turn i know that will make it too slow but this can be what i call a safe play
it is a strategy that is pretty good, but I guess it will take a long time if you use the 0.1 BTC for starters investment. indeed very good for investment in bitcoin, rather than just saving money. but I guess it's better to collect your money and then you invest the money you have in the form of bitcoin. maybe one bitcoin is enough for that.
hermanhs09
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July 13, 2016, 05:56:21 PM
 #5548

i will prefer save your money and invest only from profits . example suppose you invested 0.1btc and you got profit of 0.12btc then invest the 0.02btc only at next turn i know that will make it too slow but this can be what i call a safe play
Bit dumper what are you talking about?
You want me or somebody else to lend your money,or "invest" it in you and you give me back with some profit,am i right?
If yes,then it is a loan,and i can do this for you if you can provide some collateral,but if you dont have i have to say -one very popular quote:
"No collateral,no loan" so how about this is bad thread anyway for such a questions.
torrentheaven
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July 13, 2016, 06:08:02 PM
 #5549

Saving money in banks and bitcoin is the best choice, as bitcoin will make your savings grow in future and you can have access to your money saved in banks 24/7.
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July 13, 2016, 08:13:22 PM
 #5550

If by money, you're referring to money created by the government, you have to invest it. That type of money loses its value over time, as central banks create more of it.

If you're talking about bitcoin, well, bitcoin actually is a form of investment. But if you put all your money into just one investment, that would be risky.
You should diversify your investments. But diversifying too much is also perhaps not good. It's better to choose 2 or 3 good investments.
richardsNY
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July 13, 2016, 08:19:58 PM
 #5551

Saving money in banks and bitcoin is the best choice, as bitcoin will make your savings grow in future and you can have access to your money saved in banks 24/7.

Doing both saving fiat money in your bank account and holding Bitcoin is the best option. There is really no need to choose for one of the two options as some people may do. I hold money in my bank account just for the purpose of having money aside. And Bitcoin is a currency tool and investment tool, and also a store of wealth. It's a win win for me.
mark coins
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July 13, 2016, 08:58:05 PM
 #5552

Saving money in banks and bitcoin is the best choice, as bitcoin will make your savings grow in future and you can have access to your money saved in banks 24/7.

Doing both saving fiat money in your bank account and holding Bitcoin is the best option. There is really no need to choose for one of the two options as some people may do. I hold money in my bank account just for the purpose of having money aside. And Bitcoin is a currency tool and investment tool, and also a store of wealth. It's a win win for me.

Exactly you need to be smart while saving and investing, and bitcoin allows us to do both simultaneously as you can save a part of your salary in it and you can expect best returns in future.
blackmachinegun
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July 13, 2016, 09:13:53 PM
 #5553

Saving money in banks and bitcoin is the best choice, as bitcoin will make your savings grow in future and you can have access to your money saved in banks 24/7.
I think  your money in bank you can also use in 24/7 because you can access the money in your bank uses a lot of ways. such as ATM, internet banking, SMS banking and others. Ithink save in a bank can also grow your money. if you save money in bitcoin you're not going to grow in amount of btc
eddyubachs
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July 13, 2016, 09:16:14 PM
 #5554

Saving money in banks and bitcoin is the best choice, as bitcoin will make your savings grow in future and you can have access to your money saved in banks 24/7.
I think  your money in bank you can also use in 24/7 because you can access the money in your bank uses a lot of ways. such as ATM, internet banking, SMS banking and others. Ithink save in a bank can also grow your money. if you save money in bitcoin you're not going to grow in amount of btc

If price of bitcoin goes higher in future then it will definitely give you more earnings in compare to the past, and it will be surely higher in compare to earnings received from interests  paid by banks.
GamingBro
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July 13, 2016, 09:23:39 PM
 #5555

I think that it's not rationally to divide this two ways of managing money, for me is much better to use both of them at the same time and it's also ,uch more profitable.

JumperX
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July 13, 2016, 09:39:38 PM
 #5556

I think that it's not rationally to divide this two ways of managing money, for me is much better to use both of them at the same time and it's also ,uch more profitable.

Saving is a primary thing, if you have saved good money then investment will enter into the picture in future, so saving should be the first priority of an individual.
guoyu78
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July 13, 2016, 09:57:44 PM
 #5557

i will prefer save your money and invest only from profits . example suppose you invested 0.1btc and you got profit of 0.12btc then invest the 0.02btc only at next turn i know that will make it too slow but this can be what i call a safe play
it is a strategy that is pretty good, but I guess it will take a long time if you use the 0.1 BTC for starters investment. indeed very good for investment in bitcoin, rather than just saving money. but I guess it's better to collect your money and then you invest the money you have in the form of bitcoin. maybe one bitcoin is enough for that.

i think nowadays putting our money to bitcoin and hold them for longer is much better investment, as we all know that the price of bitcoin will increase as it increase in the last two months, so in that we have the chance to see doubling our money and after that we have to think to invest in something else.
gerXhonza
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July 13, 2016, 10:45:47 PM
 #5558

i will prefer save your money and invest only from profits . example suppose you invested 0.1btc and you got profit of 0.12btc then invest the 0.02btc only at next turn i know that will make it too slow but this can be what i call a safe play
it is a strategy that is pretty good, but I guess it will take a long time if you use the 0.1 BTC for starters investment. indeed very good for investment in bitcoin, rather than just saving money. but I guess it's better to collect your money and then you invest the money you have in the form of bitcoin. maybe one bitcoin is enough for that.

i think nowadays putting our money to bitcoin and hold them for longer is much better investment, as we all know that the price of bitcoin will increase as it increase in the last two months, so in that we have the chance to see doubling our money and after that we have to think to invest in something else.

Yeah if you have any plan to invest your money then I think bitcoin is the best option available at a moment as price ups and downs will will allow you to make quick profits.
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July 13, 2016, 11:54:00 PM
 #5559

Money is the tool that helps us acquire the things we need and fulfill our desires. It gives us the  freedom we want. So, it is on us if we want to invest in our money or save. It is not a good idea to invest all we have or to save it all. Because investing all you have might be risk for you and saving your money is not worth it as you know the value of money depreciates with time.
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July 13, 2016, 11:57:18 PM
 #5560

Money is the tool that helps us acquire the things we need and fulfill our desires. It gives us the  freedom we want. So, it is on us if we want to invest in our money or save. It is not a good idea to invest all we have or to save it all. Because investing all you have might be risk for you and saving your money is not worth it as you know the value of money depreciates with time.

If you want that your money should not be depreciated then you should save money in bitcoins, if price goes higher then it will automatically grow your savings in future.
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