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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
goldcoinminer
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September 01, 2016, 03:45:19 AM
 #6481

For me is always better to save, cause investmenting money is always risk, people not thinking about it very often and losing money even before sanding Grin


I am going to choose saving too because I want to be in a safe status that I will just going to save money at all. Since I am into saving I am applying it to myself and I find it more useful that investing at all. Because if ever I am going into investment then I am not able to manage it as I have a very hectic schedule at all.
We all have our own decision and I admire your method because you were able to do the right thing which is the process of savings. By starting to save it would give us the learning on how to be discipline, by doing it effectively then we are ready for the next step which is the investing process.
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September 01, 2016, 04:03:23 AM
 #6482

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Much better if you invest your money than keep it in bank . But you need to be sure what kind of investment you want to enter,be sure it's not  so much risky,dont invest in ponzi go to real company.
Yeah you're right much better if you invest your money with bank because in banks your money is growing there and its safe you are the only one who can see it it's more secure than other banks also are in the longterm where you can really trust them. and for any kind of investment you need to learn the website first make some inpection where the right come from is the website legit and etc don't trust ponzi because ponzi is scammy where the owner let your money invest on his website then he gonna ran it then RIP money
Banks are not good if you are putting your investment, banks are only good for savings because your money is safe due to deposit insurance. Our willingness to invest should not be use in investing in banks because the greater opportunity is here in the bitcoin world.

Agree in some point so it's really dumb to compare the investment made in bitcoin and banks as they have different purposes to serve the people.

Also there are lots of investment which will take you for a success. Just learn to think out of it as there are opportunities everywhere.

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September 01, 2016, 04:42:32 AM
 #6483

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Much better if you invest your money than keep it in bank . But you need to be sure what kind of investment you want to enter,be sure it's not  so much risky,dont invest in ponzi go to real company.
Yeah you're right much better if you invest your money with bank because in banks your money is growing there and its safe you are the only one who can see it it's more secure than other banks also are in the longterm where you can really trust them. and for any kind of investment you need to learn the website first make some inpection where the right come from is the website legit and etc don't trust ponzi because ponzi is scammy where the owner let your money invest on his website then he gonna ran it then RIP money
Banks are not good if you are putting your investment, banks are only good for savings because your money is safe due to deposit insurance. Our willingness to invest should not be use in investing in banks because the greater opportunity is here in the bitcoin world.

Agree in some point so it's really dumb to compare the investment made in bitcoin and banks as they have different purposes to serve the people.

Also there are lots of investment which will take you for a success. Just learn to think out of it as there are opportunities everywhere.
I would focus on investing in bitcoin rather than in bank. The thing is we can see a lot of opportunity in the crypto world, it is not that only in bitcoin where we can invest because there are other altcoins that has a great potential that will give you a good amount of money even in a short period of time.
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September 01, 2016, 04:58:23 AM
 #6484

How about do both save money and invest on bitcoin ? So, you exchange all your money into bitcoin, it's like save money and also you invest in bitcoin, when the price increase you will get profit same as investment.
I think buying bitcoin bitcoin is not included in the store. even if you use it only for bitcoin on hold? bitcoin buy and hold is included in investment. so you have to be smart to divide or allocate money to invest bitcoin and stored. yeah it is a good idea
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September 01, 2016, 07:49:08 AM
 #6485

What I normally do is save first then invest afterwards. It can be hard to do both sometimes as my expenses seem unpredictable at times. Right now, what I do is try to earn as much as I can with the time on my hands and try to make smart decisions on what to prioritize with my investments, expenses both for short term and long term.  By setting aside 20% of my salary, I am able to invest a certain amount monthly while my bitcoin earnings from signature campaign goes into another investment.
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September 01, 2016, 07:51:52 AM
 #6486

I would focus on investing in bitcoin rather than in bank. The thing is we can see a lot of opportunity in the crypto world, it is not that only in bitcoin where we can invest because there are other altcoins that has a great potential that will give you a good amount of money even in a short period of time.
If you can have 2 of them , why not..? . But i'll stick with bitcoin because is easy to use and has good commuinity also there are many sites you can invest , such as trading because that's the best investment so far.
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September 01, 2016, 07:54:02 AM
 #6487

What I normally do is save first then invest afterwards. It can be hard to do both sometimes as my expenses seem unpredictable at times. Right now, what I do is try to earn as much as I can with the time on my hands and try to make smart decisions on what to prioritize with my investments, expenses both for short term and long term.  By setting aside 20% of my salary, I am able to invest a certain amount monthly while my bitcoin earnings from signature campaign goes into another investment.

You can save and invest at the same time.. For example, split your savings in half and keep saving one of the halves and invest the other. This can be an option too.
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September 01, 2016, 08:49:05 AM
 #6488

What I normally do is save first then invest afterwards. It can be hard to do both sometimes as my expenses seem unpredictable at times. Right now, what I do is try to earn as much as I can with the time on my hands and try to make smart decisions on what to prioritize with my investments, expenses both for short term and long term.  By setting aside 20% of my salary, I am able to invest a certain amount monthly while my bitcoin earnings from signature campaign goes into another investment.

You can save and invest at the same time.. For example, split your savings in half and keep saving one of the halves and invest the other. This can be an option too.
That is a good suggestion because you cannot just focus on one thing, savings is important alongside with savings, I believe we can achieve financial freedom in the future if we wills start reaching our dreams now and we will invest with bitcoin.

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September 01, 2016, 11:58:26 AM
 #6489

Saving is my priority now because I have been working for many years and yet I was not able to save a good amount of money for the future of my family. I need to take the opportunity to invest now and thanks to bitcoin for giving me the opportunity to invest and make income.

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September 01, 2016, 12:06:39 PM
 #6490

It's always better to save when you know or you don't enough trust some sites. Better really is to invest in bitcoin for it guarantees ones earning to doubled or be multiple just make sure that you do some research in bicointhat you'll be investing too.

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September 01, 2016, 12:08:08 PM
 #6491

Saving is my priority now because I have been working for many years and yet I was not able to save a good amount of money for the future of my family. I need to take the opportunity to invest now and thanks to bitcoin for giving me the opportunity to invest and make income.

With bitcoin you can also save and invest at the same time, if you have money to invest in bitcoin then that is the best investment to make and whatever amount of coins you are earning should be saved for future.
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September 01, 2016, 12:16:22 PM
 #6492

Both are important. We need to save money in case you need it when we face emergency situation, so we won't be afraid for not have money. We also need to spare some of our money to put it on investment program, so that we can get some interest payment. This way we can increase our savings. So I always prefer to invest my money on trusted avenues instead of keeping it idle on my bank account.
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September 01, 2016, 12:39:20 PM
 #6493

You cannot proceed to investing if you do not have the capacity to save, saving is the main thing before your can start investing as your capacity will be determine on your discipline to save so focus on savings for the mean time.

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September 01, 2016, 12:45:26 PM
 #6494

u must have money before you invest, your money should be at least enough excess to partly save and partly investment
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September 01, 2016, 01:04:55 PM
 #6495

If you have the skills, then investing your money would be really better than just hoarding your money. Otherwise, you should just leave your money alone and save them for the future. Investment doesn't always return profit to you but if you're pretty excellent at something and you want to start making money by offering a service but you need a capital, then you should invest on that. You have the power to control if you'll get profit or not since you're the one who's doing the service.


That;s right if you have skills on trading then why don't you try to do this activity it is good to increase your bitcoin or it easy to grow your bitcoin, and if you are going to leave your money then try to invest it so that it can grow more, don't mind the gambling because in gambling there's no guarantee that you are going to win .
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September 01, 2016, 01:50:33 PM
 #6496

If you have the skills, then investing your money would be really better than just hoarding your money. Otherwise, you should just leave your money alone and save them for the future. Investment doesn't always return profit to you but if you're pretty excellent at something and you want to start making money by offering a service but you need a capital, then you should invest on that. You have the power to control if you'll get profit or not since you're the one who's doing the service.


That;s right if you have skills on trading then why don't you try to do this activity it is good to increase your bitcoin or it easy to grow your bitcoin, and if you are going to leave your money then try to invest it so that it can grow more, don't mind the gambling because in gambling there's no guarantee that you are going to win .
Trading is not an easy job and it has a little similarity with gambling because you need money to make money and as long as there is money involved that is too risky on your part, you better do it right or else you will also lose your money.

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September 01, 2016, 01:59:28 PM
 #6497

Saving is my priority now because I have been working for many years and yet I was not able to save a good amount of money for the future of my family. I need to take the opportunity to invest now and thanks to bitcoin for giving me the opportunity to invest and make income.

With bitcoin you can also save and invest at the same time, if you have money to invest in bitcoin then that is the best investment to make and whatever amount of coins you are earning should be saved for future.
you are right, the bitcoin is really safe currency to put your money into it because it can grow and it is impossible to be hacked to be honest

 
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GregH37
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September 01, 2016, 02:07:16 PM
 #6498

You cannot proceed to investing if you do not have the capacity to save, saving is the main thing before your can start investing as your capacity will be determine on your discipline to save so focus on savings for the mean time.
100% correct mate. if somone is not able to save his money he can't invest at any way.
because saving is recommended for investment as you said. investment need capital, without capital investment is not possible and saving make you able to get capital. so both are important.
groll
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September 01, 2016, 02:13:15 PM
 #6499

u must have money before you invest, your money should be at least enough excess to partly save and partly investment

Of course we cannot do both things if we do not have the source of it - money.  I may disagree a bit with what you said that the money should be atnleast enough to partly save.  I heard about money management like that and they said that it shoild always be saving first and the excess would be alloted for expenses. 
stromma44
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September 01, 2016, 02:15:07 PM
 #6500

u must have money before you invest, your money should be at least enough excess to partly save and partly investment

Of course we cannot do both things if we do not have the source of it - money.  I may disagree a bit with what you said that the money should be atnleast enough to partly save.  I heard about money management like that and they said that it shoild always be saving first and the excess would be alloted for expenses. 

Yes saving should be our primary concern and once you have saved descent amount of money you can start with small investments at initial stage to get benefits in future.
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