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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
goldcoinminer
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September 05, 2016, 06:27:50 AM
 #6541

For me, it's better to invest your money into something like invest on bitcoin. Save money is also good, but investment is more good in my opinion, you can earn profit on invest.
Investment is better as you can grow your money even in a short period of time, however in doing that you need to accept the risk and possible outcome that you might also lose, anything can happen in your investment as it is like a gambling. You will not need to invest all your savings and you should set aside the amount you might need for future expenses.
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September 05, 2016, 06:33:57 AM
 #6542

For me, it's better to invest your money into something like invest on bitcoin. Save money is also good, but investment is more good in my opinion, you can earn profit on invest.

It needs a thorough investigation on which you will invest your money, though if you invest it in bitcoin and keep it then its good, but if you want to earn more and you want to invest your bitcoin into those that accepts investment, I think you need to rethink or you need to make a bit of background check, or else, you'll be sorry if they run and you have no idea where to claim your losses, still best to keep or invest it in many investment site, not just in one site...  Smiley
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September 05, 2016, 07:56:30 AM
 #6543

50% I will invest to trading and mining to help my money grow
50% for save money to secure my money in the future

 
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September 05, 2016, 08:01:07 AM
 #6544

Depends on your goals really. But keeping money on a bank is a waste IMO. There are more the enough safe investments which give a higher return rate then what the bank gives. Investing in bitcoin might proof to be worth it for you, it was for me. Bitcoin was my first "investment" and it got me hooked.
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September 05, 2016, 08:03:14 AM
 #6545

This all depends about how many money you make a year or how many money you have because there are always peopel who need to save money and there are always peopel who has allot of money and can make even more!
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September 05, 2016, 08:30:19 AM
 #6546

You can better save money than investing money unleas you have enough money off course you will be able to invest off course and when you do that you will make only more profit with your money.,
phreaky
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September 05, 2016, 08:36:06 AM
 #6547

It is allot saver to save your money at the bank because then you know that it is save but with investing you do not have that.
With investing it can always happen that you do not get your money back.
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September 05, 2016, 10:18:20 AM
 #6548

I have always preferred to invest my money. That's the only way to grow it. You can invest in other businesses, your own business, etc. Doesn't have to be bitcoin or one thing in particular. A diversified portfolio is usually best.
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September 05, 2016, 11:22:42 AM
 #6549

It is allot saver to save your money at the bank because then you know that it is save but with investing you do not have that.
With investing it can always happen that you do not get your money back.

You need to do proper research before investing and if you want to reduce risk then you should invest in different products, and in saving you cannot expect profits in future as you will be holding same amount in future too.
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September 05, 2016, 12:01:49 PM
 #6550

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.
BingoDog
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September 05, 2016, 12:04:15 PM
 #6551

I would say that investing is a type of saving. You invest some extra money that you have a side and you don't need it. Thus you earn some more and you can also save more. And you don't need the dead capital that would just sit idle somwhere with no use of it. So, invest your money!  Smiley

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September 05, 2016, 12:04:54 PM
 #6552

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.
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September 05, 2016, 12:11:20 PM
 #6553

It is allot saver to save your money at the bank because then you know that it is save but with investing you do not have that.
With investing it can always happen that you do not get your money back.

You need to do proper research before investing and if you want to reduce risk then you should invest in different products, and in saving you cannot expect profits in future as you will be holding same amount in future too.
Your patience will be tested would investments that are safe but yield very little in the short term. If you are holding divedend stocks, those are good investments for people who are rather conservative. For those risk takers, there are stocks that are from small startup companies that give yields overnight. But these can be the same with bitcoin in terms of risks associated because any gains you get today can get wiped out if you don't monitor your stocks.
goldcoinminer
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September 05, 2016, 12:46:29 PM
 #6554

It is allot saver to save your money at the bank because then you know that it is save but with investing you do not have that.
With investing it can always happen that you do not get your money back.

You need to do proper research before investing and if you want to reduce risk then you should invest in different products, and in saving you cannot expect profits in future as you will be holding same amount in future too.
Your patience will be tested would investments that are safe but yield very little in the short term. If you are holding divedend stocks, those are good investments for people who are rather conservative. For those risk takers, there are stocks that are from small startup companies that give yields overnight. But these can be the same with bitcoin in terms of risks associated because any gains you get today can get wiped out if you don't monitor your stocks.
The reality is every investment has a risk, the more the return is promising the bigger the risk. For people who are just living a simple life and are ambitious enough to have a comfortable life in the future, it is just right to take the risk and I mean a bigger risk for a bigger reward, and no other investment for that but bitcoin.
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September 05, 2016, 01:44:33 PM
 #6555

Depends on your goals really. But keeping money on a bank is a waste IMO. There are more the enough safe investments which give a higher return rate then what the bank gives. Investing in bitcoin might proof to be worth it for you, it was for me. Bitcoin was my first "investment" and it got me hooked.

Money on the bank is good for instant cash. You cannot get cash if you invested all your money and it is trapped in equity. Or if you invested on bitcoin, you do not want to get your money out while the price is down. I suggest you put some money on a bank for security, the rest you can invest wherever your hearts desire.
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September 05, 2016, 02:06:19 PM
 #6556

Depends on your goals really. But keeping money on a bank is a waste IMO. There are more the enough safe investments which give a higher return rate then what the bank gives. Investing in bitcoin might proof to be worth it for you, it was for me. Bitcoin was my first "investment" and it got me hooked.

Money on the bank is good for instant cash. You cannot get cash if you invested all your money and it is trapped in equity. Or if you invested on bitcoin, you do not want to get your money out while the price is down. I suggest you put some money on a bank for security, the rest you can invest wherever your hearts desire.

Yes the safest way to save money is to put them in banks as your money is secured  with them and you can have money in your hand whenever you want and same doesn't go with investments.
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September 05, 2016, 02:10:35 PM
 #6557

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

Investments are going to be always risky and there is no safe investment at all. If you are going to invest you are going to accept the fact that it is going to be profit or loss.

But for me, It is going to be better if you are going to do both of it. As you are saving you are also investing but if you want to that both.

You can just simply hold your bitcoins as it is already considered savings and investment.

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September 05, 2016, 02:32:29 PM
 #6558

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

Investments are going to be always risky and there is no safe investment at all. If you are going to invest you are going to accept the fact that it is going to be profit or loss.

But for me, It is going to be better if you are going to do both of it. As you are saving you are also investing but if you want to that both.

You can just simply hold your bitcoins as it is already considered savings and investment.
The moment we start to take a risk, there is a big chance that we can be rich in the future, no one has become rich or having a financial freedom just saving his income for a longer period of time, and for me that is playing safe which I do not like as I love challenges in life.

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September 05, 2016, 03:12:07 PM
 #6559

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.
of course it is risky, all investment options are risky and can turn out in a bad way though bitcoins are worth all the risks and i think that it will give me profit
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September 05, 2016, 03:45:02 PM
 #6560

It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.
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