Is it better to save money or invest it?

[Hydrogen]

Money represents time and work.

If you have say $1,000 that represents a certain quantity of time and effort(productivity).

One might say OP's question is asking where a person's time and hard work can be best spent.

That comes down to weighing different opportunities & figuring out which appears the best.

To really figure out which is best requires creating some type of detailed financial plan.

[1715174293]

1715174293

[1715174293]

1715174293

[1715174293]

1715174293

[beafheart]

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 totally agree 
Better invest in stocks or bitcoins. Few years from now, everything is "online".

Friend that'e where bitcoins holds a upper hand than compared to fiat, I understand your question that if we deposit money to bank ( saving it ) then they pay little interest and it's like killing money. But actually in bitcoins the price increase is so rapid and humongous that if we just save it then we literally double our money in a span of an year hardly.

But investing in bitcoin is risky. After all, no one can guess what will happen tomorrow with a cryptocurrency. Therefore, I think that some money should be simply stored, and part of it should be invested in reliable projects

[sj2199]

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 totally agree 
Better invest in stocks or bitcoins. Few years from now, everything is "online".

Friend that'e where bitcoins holds a upper hand than compared to fiat, I understand your question that if we deposit money to bank ( saving it ) then they pay little interest and it's like killing money. But actually in bitcoins the price increase is so rapid and humongous that if we just save it then we literally double our money in a span of an year hardly.

But investing in bitcoin is risky. After all, no one can guess what will happen tomorrow with a cryptocurrency. Therefore, I think that some money should be simply stored, and part of it should be invested in reliable projects

Not only bitcoins but each and every investment is risky and people takes that risk of investing either in bitcoin or anywhere else and if you are mentally prepared for the risk factor attached with investments then its good to invest in bitcoins as if it performs well in future then it has an potential to give some extra ordinary returns on investments which may not possible with any other investment.

[davinchi]

Money must be distributed in different ways of investing in order to avoid huge losses.

That is one of the wisest advice given i n a one liner post honestly. But talking on the point that whether we should save money or invest it, consider an example suppose you have like 10 KG of gold in real life would you invest selling it or you would just save it ?

Obviously you would save it, right ? Then why such a dilemma when talking about bitcoins ? And here the hike in the price is much higher.

[coinplus]

Is it better to save money in bank or invest it online, in real estate or maybe gold?

after I get to know my assumption about the financial bitcoin began to change, because it is better to save it online but not too big, just for investment just let no additional financial value, than in gold and real estate better I keep in line for investment

For the bitcoin, you can save most and invest a few.

I think investing all is a better idea but if you know the service you are investing with is a genuine and trusted one. If you have even little doubt about the service you are investing with then it's much better to just save all the bitcoins because that too gives profit. Investment should not be forced just because you have some funds in your wallet, in real life you feel bad but with bitcoins even not investing them is a benefit since price changes very rapidly.

[Roboabhishek]

Saving money in banks is a good idea but if can make even more money than keeping it at a place then i would suggest you to invest in it.
Also, beware of getting scammed.

[oaks05]

Always invest spread it around never put all eggs in one basket make your money/bitcion work for you

[BeGoods]

Money must be distributed in different ways of investing in order to avoid huge losses.

to avoid a big defeat it would be better if you were to allocate funds in various places such as in a variety of investment but the risks of course you should be able to focus on some things that

[crwth]

Money must be distributed in different ways of investing in order to avoid huge losses.

to avoid a big defeat it would be better if you were to allocate funds in various places such as in a variety of investment but the risks of course you should be able to focus on some things that

That's the right mindset because if you just invest in one thing and that one thing loses in value, you lost already. The main thing to keep in mind about investing is that you should divest and don't just invest in one thing, and of course, just to be sure.

[Text]

I would pick always to save first before investing. I can't invest without saving and I can save without investing. Your savings can help you for future purposes like in emergency cases so if you need of money you can get it instantly.

[Ipwich]

I would pick always to save first before investing. I can't invest without saving and I can save without investing. Your savings can help you for future purposes like in emergency cases so if you need of money you can get it instantly.

That's the most matured way of going into investment. It all start with savings because by saving alone you will already learn how to discipline yourself and with you success in savings, you have a better chance to do it in investing although investing is a more risky one.
Investing will help you achieve financial freedom as that is the ultimate goal of every investors but it's not as easy as you are saving because your decision making is crucial for your success, it's more stressful than having a job in real life actually.

[Monnt]

Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.

No man don't be so negative with your approach !
Saving bitcoins has been the toughest and most typical job since a long time and actually if you see in market then the biggest earners of bitcoins are the ones who had the patience to save bitcoins.

With fiat you can say that but bitcoins being the most positively volatile currency you will earn a lot !

[Hatuferu]

Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.

No man don't be so negative with your approach !
Saving bitcoins has been the toughest and most typical job since a long time and actually if you see in market then the biggest earners of bitcoins are the ones who had the patience to save bitcoins.

With fiat you can say that but bitcoins being the most positively volatile currency you will earn a lot !

Saving bitcoin is like investing for our future, it has a risk in doing it but forget about the risk and focus on the possible big earning you can get.
I'm investing bitcoin now because I believe it can be a solution to my financial problem and although I have savings but it does not satisfy me yet.

[hurain]

Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.

No man don't be so negative with your approach !
Saving bitcoins has been the toughest and most typical job since a long time and actually if you see in market then the biggest earners of bitcoins are the ones who had the patience to save bitcoins.

With fiat you can say that but bitcoins being the most positively volatile currency you will earn a lot !

Saving bitcoin is like investing for our future, it has a risk in doing it but forget about the risk and focus on the possible big earning you can get.
I'm investing bitcoin now because I believe it can be a solution to my financial problem and although I have savings but it does not satisfy me yet.

different people have different opinion but i think the best option is to invest money in bitcoin, because by investing money we are increasing the amount of our money as the price of bitcoin has a good potential to increase the price of bitcoin.

[Restmand]

Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.

No man don't be so negative with your approach !
Saving bitcoins has been the toughest and most typical job since a long time and actually if you see in market then the biggest earners of bitcoins are the ones who had the patience to save bitcoins.

With fiat you can say that but bitcoins being the most positively volatile currency you will earn a lot !

Saving bitcoin is like investing for our future, it has a risk in doing it but forget about the risk and focus on the possible big earning you can get.
I'm investing bitcoin now because I believe it can be a solution to my financial problem and although I have savings but it does not satisfy me yet.

different people have different opinion but i think the best option is to invest money in bitcoin, because by investing money we are increasing the amount of our money as the price of bitcoin has a good potential to increase the price of bitcoin.

But there's no assurance that you're going to earn more money from bitcoins because you invested them. There's no 100% sure profit in investing no matter which platform that is or no matter what company that is. Investing is risky.

[rickadone]

there's no assurance that you're going to earn more money from bitcoins because you invested them. There's no 100% sure profit in investing no matter which platform that is or no matter what company that is. Investing is risky.

Indeed, the best opting is to just save it, because why would you want to risk your hard earned money in some site that is not going to give that much of a profit and may take it without giving it back, you are better off saving some of your real job and buying bitcoin and saving it for the future.

[crwth]

there's no assurance that you're going to earn more money from bitcoins because you invested them. There's no 100% sure profit in investing no matter which platform that is or no matter what company that is. Investing is risky.

Indeed, the best opting is to just save it, because why would you want to risk your hard earned money in some site that is not going to give that much of a profit and may take it without giving it back, you are better off saving some of your real job and buying bitcoin and saving it for the future.

Well, I agree with that. It's better to be safe than sorry but of course, when investing, it provides more percentage in earning rather than just saving. It's typically this way, saving will do nothing to your money, it will just sit there. If you just research well enough on what you are investing, then you could be safe.

[mornabo]

Always invest spread it around never put all eggs in one basket make your money/bitcion work for you

not a matter of choosing investments but do not use all your money to invest. Allocate your money as well to save and allocate more funds to the saving that is my strategy

[daringdiscovered]

there's no assurance that you're going to earn more money from bitcoins because you invested them. There's no 100% sure profit in investing no matter which platform that is or no matter what company that is. Investing is risky.

Indeed, the best opting is to just save it, because why would you want to risk your hard earned money in some site that is not going to give that much of a profit and may take it without giving it back, you are better off saving some of your real job and buying bitcoin and saving it for the future.

Well, I agree with that. It's better to be safe than sorry but of course, when investing, it provides more percentage in earning rather than just saving. It's typically this way, saving will do nothing to your money, it will just sit there. If you just research well enough on what you are investing, then you could be safe.

Doing both is really the best thing to do. Saving all your money won't generate income for you in the future. And investing to much is too risky because you won't recover easily when your investments goes bankrupt. It is also good to diversify your investment not just concentrate on one income just because it gives you big profit.

[royalfestus]

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 totally agree 
Better invest in stocks or bitcoins. Few years from now, everything is "online".

Friend that'e where bitcoins holds a upper hand than compared to fiat, I understand your question that if we deposit money to bank ( saving it ) then they pay little interest and it's like killing money. But actually in bitcoins the price increase is so rapid and humongous that if we just save it then we literally double our money in a span of an year hardly.

But investing in bitcoin is risky. After all, no one can guess what will happen tomorrow with a cryptocurrency. Therefore, I think that some money should be simply stored, and part of it should be invested in reliable projects

Not only bitcoins but each and every investment is risky and people takes that risk of investing either in bitcoin or anywhere else and if you are mentally prepared for the risk factor attached with investments then its good to invest in bitcoins as if it performs well in future then it has an potential to give some extra ordinary returns on investments which may not possible with any other investment.

It is safer when you have educated yourself on the project and those managing it. There is also a time to leave an investment to get your profit and get another investment.