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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
uneng
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December 13, 2016, 04:59:24 PM
 #8141

Its better to just save your money and invest on a later moment because investing now will let you invest a lot of money just for even one bitcoin.
Meaning to say that you're assuming later on the price of bitcoin would be lesser? Why would you wait for the price of bitcoin to decrease before you invest? If you think the price of bitcoin right now is huge, then convert it into fiat first and then use that money to invest in real life. But if you're going to invest it in bitcoin form, I really don't see the point of waiting because 1 bitcoin would always be 1 bitcoin. And all that waiting can already have made your bitcoin grow already.

Yes. If you don't believe bitcoin price will grow more yet, sell your coins and get your fiat.
There is no reason to wait to buy bitcoins, the time to buy is now, the price will grow more and when this happen, it's important for you to have a good part of your money already in btc to make a nice profit. Save money in btcs and it will be a investment.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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December 13, 2016, 05:07:56 PM
 #8142

the choice of savings i will say it's an habit if you are good at saving for the raining days is little bit okay but if you were ask me both are good but i really think that investment is far better than savings because the money will just be there without good re-trues or increment investment is a good form of savings.   

Saving is always a good way to make good earning. The best way that helps to use and earn bitcoin is just save bitcoin periodically to some time period. When the saved amount becomes high, can move the entire amount into an investment scheme. This helps to gain good profit from it.

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December 13, 2016, 08:38:38 PM
Last edit: December 13, 2016, 10:14:53 PM by deisik
 #8143

My personal opinion, i think to invest your money will be good option but only in real estate nothing else because property prices will rise every year.
Nothing rises every year, not gold, or stocks, or real state or even bitcoin, that is the kind of thinking of those that are left holding the bag and getting the losses at the end, if a market is bullish then take the opportunity to make money but at some point you need to cash out.

Bitcoin may be an exception to this rule, at least as of yet

For the first few years it was worth almost nothing, no one knew about it save for a few committed early adopters, who were stubbornly mining the first thousands of bitcoins with their decrepit computers in the basement. Then Bitcoin got some traction, and price grew a few dozen times (we will not see such things happen with any established asset out there unless something catastrophic should happen, e.g. a perfect Black swan event). After that, Bitcoin got publicity and its price went vertically up in just 2-3 months. It collapsed later, though it had been spiraling down for well over a year. But the adoption is still tiny, and if it should increase in the nearest future, there is no reason to think that the price might not increase exponentially again

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December 13, 2016, 08:51:45 PM
 #8144

today is probably better I prefer to keep bitcoin I have. Well, collect bitcoin is an arduous task. after I had bitcoin very much, I would build my own business. Well, I think it's very cool.
yeah keep your bitcoin is much more good and profitable and i also save my bitcoin in huge amount for the future i hope bitcoin will be more increasing its in the future and i will be get a big profit from bitcoin sooner in the future and after getting profit from bitcoin i also plan about my own business.
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December 13, 2016, 09:08:21 PM
 #8145

the choice of savings i will say it's an habit if you are good at saving for the raining days is little bit okay but if you were ask me both are good but i really think that investment is far better than savings because the money will just be there without good re-trues or increment investment is a good form of savings.   

Actually savings starts as goal, then once started, it will then be an obligation and doing it for a long time become a habit.  And savings at any given season is always good.  From this, you can have a start-up capital for your ventures, investment or personal business, your choice.  Just make sure you also save from the profit on all of your ventures from your savings.
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December 14, 2016, 04:22:38 AM
 #8146

the choice of savings i will say it's an habit if you are good at saving for the raining days is little bit okay but if you were ask me both are good but i really think that investment is far better than savings because the money will just be there without good re-trues or increment investment is a good form of savings.   

Actually savings starts as goal, then once started, it will then be an obligation and doing it for a long time become a habit.  And savings at any given season is always good.  From this, you can have a start-up capital for your ventures, investment or personal business, your choice.  Just make sure you also save from the profit on all of your ventures from your savings.
Brilliant, base on what I read some people have brilliant ideas and that can be apply in savings, however it will not work if we do not execute our brilliant idea, the hardest part is the execution IMO.

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December 14, 2016, 04:49:39 AM
 #8147

For me saving now is best saving actually works when we want something we really save our money not to spend christmas is comming so i need more money and i don't invest investment website are scam even lots of review you will not know admin hire someone to post an review for that website to get more investors.
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December 14, 2016, 05:15:49 AM
 #8148

For me saving now is best saving actually works when we want something we really save our money not to spend christmas is comming so i need more money and i don't invest investment website are scam even lots of review you will not know admin hire someone to post an review for that website to get more investors.

That is a short term goal, saving for just something, I think if I have to consider saving, it should be atleast saving for a year and use it the next year. Investing too, you should try to trust, coz if you don't well, you will not success in earning money using your money. As for the reviews, you shouldn't depend on just one review. You could try to invest on other things, not just putting it in investment sites.

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December 14, 2016, 05:59:48 PM
 #8149

thats hard qest :/
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December 14, 2016, 06:13:18 PM
 #8150

Nothing rises every year, not gold, or stocks, or real state or even bitcoin, that is the kind of thinking of those that are left holding the bag and getting the losses at the end, if a market is bullish then take the opportunity to make money but at some point you need to cash out.

Exactly. Whenever you see the right moment to sell an specific asset, do it, instead of waiting for its price to increase even further. Sometimes, if you wait for the price to increase even more than it did when you initially bought it, you may end up losing more than invested when prices decide to decline, making your holding valueless over time.

I've lost many times by not selling at the right time, but I've learned a valuable lesson and now I'm reducing those risks when investing into a commodity like Bitcoin. I usually prefer to invest and save my Bitcoin, as it has a positive price trend most of the times. Just my opinion.  Grin

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December 14, 2016, 06:47:20 PM
 #8151

For me saving now is best saving actually works when we want something we really save our money not to spend christmas is comming so i need more money and i don't invest investment website are scam even lots of review you will not know admin hire someone to post an review for that website to get more investors.

It's really risk... We never know if the review was wrote by a legit user. Anyway, even being a legit review, the site can stop paying any time, most online investments work this way, do you remember HashOcean? Every user gave positive reviews about that, and in the end a lot of investors lost money, many who already invested on the past don't risk to do it again. We can't expect much profit when investing online.

 
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December 14, 2016, 06:54:09 PM
 #8152

My personal opinion, i think to invest your money will be good option but only in real estate nothing else because property prices will rise every year.
Nothing rises every year, not gold, or stocks, or real state or even bitcoin, that is the kind of thinking of those that are left holding the bag and getting the losses at the end, if a market is bullish then take the opportunity to make money but at some point you need to cash out.

Bitcoin may be an exception to this rule, at least as of yet

For the first few years it was worth almost nothing, no one knew about it save for a few committed early adopters, who were stubbornly mining the first thousands of bitcoins with their decrepit computers in the basement. Then Bitcoin got some traction, and price grew a few dozen times (we will not see such things happen with any established asset out there unless something catastrophic should happen, e.g. a perfect Black swan event). After that, Bitcoin got publicity and its price went vertically up in just 2-3 months. It collapsed later, though it had been spiraling down for well over a year. But the adoption is still tiny, and if it should increase in the nearest future, there is no reason to think that the price might not increase exponentially again
Bitcoin is still in its developments stages so rapid growth spurts are to be expected, especially since we have not reached any kind of major adoption yet, but even then there is the theoretical cap of 7 billion people since that is the current amount of human population in the planet, assuming everyone adopted bitcoin, which is not going to be the case.

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December 14, 2016, 08:50:52 PM
 #8153

My personal opinion, i think to invest your money will be good option but only in real estate nothing else because property prices will rise every year.
Nothing rises every year, not gold, or stocks, or real state or even bitcoin, that is the kind of thinking of those that are left holding the bag and getting the losses at the end, if a market is bullish then take the opportunity to make money but at some point you need to cash out.

Bitcoin may be an exception to this rule, at least as of yet

For the first few years it was worth almost nothing, no one knew about it save for a few committed early adopters, who were stubbornly mining the first thousands of bitcoins with their decrepit computers in the basement. Then Bitcoin got some traction, and price grew a few dozen times (we will not see such things happen with any established asset out there unless something catastrophic should happen, e.g. a perfect Black swan event). After that, Bitcoin got publicity and its price went vertically up in just 2-3 months. It collapsed later, though it had been spiraling down for well over a year. But the adoption is still tiny, and if it should increase in the nearest future, there is no reason to think that the price might not increase exponentially again
Bitcoin is still in its developments stages so rapid growth spurts are to be expected, especially since we have not reached any kind of major adoption yet, but even then there is the theoretical cap of 7 billion people since that is the current amount of human population in the planet, assuming everyone adopted bitcoin, which is not going to be the case.

That part about an early development stage is what frightens me most. Other than that, with only half a million active Bitcoin users right now and around 3-5 millions who are probably holding some bitcoins as of today (or satoshis, for that matter), we have a long way to go. As an aside, 7 billion people as such is irrelevant since it is the real world use that would matter in the end. Until there is a closed-loop self-sustaining Bitcoin economy, the number of people holding Bitcoin affects only the price of Bitcoin (through a deterministic supply and demand mechanism), but not its value...

Price is what you pay, value is what you get

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December 14, 2016, 09:16:55 PM
 #8154

I've never understood why people, especially people here who gamble and trade a lot and generally waste a lot of money, don't just buy 0.5 BTC today and hold it for perpetuity. If it goes th rough the roof, you're set. If nothing happens, well, at least you have 0.5 BTC give or take. There's such limited risk...
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December 15, 2016, 05:58:17 AM
 #8155

My personal opinion, i think to invest your money will be good option but only in real estate nothing else because property prices will rise every year.
Nothing rises every year, not gold, or stocks, or real state or even bitcoin, that is the kind of thinking of those that are left holding the bag and getting the losses at the end, if a market is bullish then take the opportunity to make money but at some point you need to cash out.
in real state the ups and down of property depending on several factors, i think the most important factor is the peace and security and the second is the people interests, and same is the case in bitcoin, if people are interested in bitcoin and they want to invest their money in bitcoin then the price of bitcoin will surely increase.

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December 15, 2016, 06:04:39 AM
 #8156

investing is better then saving , invest in bitcoin is better then all  Cheesy
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December 15, 2016, 06:11:11 AM
 #8157

investing is better then saving , invest in bitcoin is better then all  Cheesy
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December 15, 2016, 06:51:55 AM
 #8158

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving, money in the bank has never be the best for an investor but for those living on a pay cheques saving money in the banks may be the best option for them. Gold from inception is one of assets that doesn't depreciate in value so I  think if you are looking for most safe investment, go for gold.
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December 15, 2016, 08:00:32 AM
 #8159

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving, money in the bank has never be the best for an investor but for those living on a pay cheques saving money in the banks may be the best option for them. Gold from inception is one of assets that doesn't depreciate in value so I  think if you are looking for most safe investment, go for gold.
It's good to invest in gold if you have a good amount of capital, do not just save your money in the bank you will not make use of it's profit as it does not bring your good interest income, the value will inflate and you'll not be getting good value longer.

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December 15, 2016, 08:18:15 AM
 #8160

For me saving now is best saving actually works when we want something we really save our money not to spend christmas is comming so i need more money and i don't invest investment website are scam even lots of review you will not know admin hire someone to post an review for that website to get more investors.
especially true Christmas is coming soon of course you'll need a lot of things and stuff and it mewajibkanmu to have the money ready. so keep most of your money and the rest might you use to invest
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