Ingatqhvq
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July 14, 2015, 10:10:01 AM |
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if you want to invest it, you have to take the risk. but save money is not a good idea, i believe.
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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July 14, 2015, 11:07:38 AM |
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Invest, if you can.
To save money you need to have some source of income, from investments
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Mayer Amschel
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July 14, 2015, 11:08:55 AM |
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Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
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Hours
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TinEye
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July 14, 2015, 12:22:38 PM |
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Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
i think it is really simply, if you believe that bitcoin can go really high in the future it's intelligent for you to go all-in with bitcoin, or 90% to be more safe, otherwise it's better to diversify, in 2 assets at least one with high risk, where you put a lower % of your saving and the other with less risk where you put a higher % for sure i'll not leave my saving sitting in a bank for a meaningless interest
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Wolframite
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Activity: 96
Merit: 10
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July 14, 2015, 02:38:38 PM |
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Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
90% is too high and after losing for 3 to 5years the one may lose all hope and may never invest again.... I believe there has to be a small amount of money as financial backup
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arallmuus
Legendary
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Activity: 2716
Merit: 1427
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July 14, 2015, 09:52:11 PM |
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Invest, if you can.
To save money you need to have some source of income, from investments
This is pretty much wrong. If you have some money to start an investment than that means you have some money to save as well and obviously you dont need to depends on your capital gain from your investment. This will then depends on how you would like to use your money because not everyone is fond of investment as it exposed a lot of risk according to some people and some of people would only like to save their money at bank which they thought that there are no risk involved however inflation rate is always a risk
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GreenStox
Sr. Member
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Activity: 1148
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Undeads.com - P2E Runner Game
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July 14, 2015, 10:38:22 PM |
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The main problem is there is not enough supply. The GDP of a single small country like greece is about $280 billion, how can btc's less than 4 billion marketcap absorb all that new wealth?
Of course it can absorb it, there is enough supply, and if there isnt , the better, BTC price will skyrocket I`m more worried about the TX limit / second though. Surely 280 billion dough will need a bigger transaction limit, but if they would increase the limit to 50 mb, and if greece comes onboard, then i`m sure millions of new miners will apear, due to increasing btc price ,and will help facilitate the network
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Zorrocoin
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July 15, 2015, 05:28:47 AM |
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if you want to invest it, you have to take the risk. but save money is not a good idea, i believe.
Saving with yourself is not a bad idea , if you're saving in a bank , you're only losing money because of the high inflation situation. It is better to put your money in a good and reliable investment like bitcoin. Of course you have to risk it to get the biscuit. But sometimes you have to lose something to gain something. risking some security for more possible money in the future is a better option
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Mr Crabs
Member
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Activity: 91
Merit: 10
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July 15, 2015, 02:01:54 PM |
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if you want to invest it, you have to take the risk. but save money is not a good idea, i believe.
Saving with yourself is not a bad idea , if you're saving in a bank , you're only losing money because of the high inflation situation. It is better to put your money in a good and reliable investment like bitcoin. Of course you have to risk it to get the biscuit. But sometimes you have to lose something to gain something. risking some security for more possible money in the future is a better option You seem to contract yourself there and use some bizarre logic. You might lose purchasing power due to deflation over time with fiat but you can also lose it due to crashes with bitcoin. In fact you could lose it all so why take the risk of losing everything when nothing is guaranteed with bitcoin? A better option would be to diversify or don't put all your eggs in one basket.
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torrentheaven
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July 15, 2015, 05:50:19 PM |
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Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
90% is too high and after losing for 3 to 5years the one may lose all hope and may never invest again.... I believe there has to be a small amount of money as financial backup Exactly. Saving is an good idea. As if you have saved money you can utilize it at the time of emergencies. Whereas Investment needs a Capital and every person if not that financial stable who holds good captial for the initial investment So it is better to save at initial stage and once you hold a good capital invest it.
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pigzone
Newbie
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Activity: 42
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July 15, 2015, 11:05:37 PM |
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I think it's better to invest because you can make more money from it
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pigzone
Newbie
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July 15, 2015, 11:08:34 PM |
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I thinks that it's better to invest since your making more money from it
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arallmuus
Legendary
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Activity: 2716
Merit: 1427
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July 16, 2015, 08:09:57 AM |
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So it is better to save at initial stage and once you hold a good capital invest it.
You are totally wrong on this . Big capital isnt the sole things that you need for investment because the interest rate mostly stay the same or differ a bit but the fact is that you can still invest with a fraction of your money but this will only gets you a smaller interest gain. What matters most will be your capital control ( financial management ) because without it you can lose it all to a bogus investment with a blink of an eye. Also it is kinda funny to see this, saving to put it into investment later on because investment is kinda like speculation which is unpredictable( things might get south to your savings )
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Mayer Amschel
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July 16, 2015, 09:39:13 AM |
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So it is better to save at initial stage and once you hold a good capital invest it.
You are totally wrong on this . Big capital isnt the sole things that you need for investment because the interest rate mostly stay the same or differ a bit but the fact is that you can still invest with a fraction of your money but this will only gets you a smaller interest gain. What matters most will be your capital control ( financial management ) because without it you can lose it all to a bogus investment with a blink of an eye. Also it is kinda funny to see this, saving to put it into investment later on because investment is kinda like speculation which is unpredictable( things might get south to your savings ) Agreed, invest while you go. Then once you learn, make a move.
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Hours
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zeraTunerse
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July 16, 2015, 03:31:52 PM |
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Actually by saving it you are also risking it in some way, as the price of bitcoin is very unstable and fluctuates quite a lot, so you'll never know when it drops or rises, and by that you are taking a risk. Honestly using your own country's currency might be even more stable, but depends, but since bitcoin is universal, you can buy some bitcoins to invest as well. Do some work and investigation to check for safe and trustworthy investments, and investments will be worth it. Yeah we do not know what bitcoins holds for us in the future. So investing in bitcoins is a bit risky but it goes same with other investment products too. No product guarantees you the profits so it is better to invest in different products rather than depending on a single one.
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mearylll
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July 16, 2015, 06:30:49 PM |
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I thinks that it's better to invest since your making more money from it
Investing in right product at a right time will make a huge difference and can be proved to be profitable in the future. As nobody is sure that which product can be profitable in future as the market is uncertain no product guarantees you the profit and we need to research and should go with product which we trust.
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Zorrocoin
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July 17, 2015, 04:03:30 PM |
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Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
90% is too high and after losing for 3 to 5years the one may lose all hope and may never invest again.... I believe there has to be a small amount of money as financial backup Exactly. Saving is an good idea. As if you have saved money you can utilize it at the time of emergencies. Whereas Investment needs a Capital and every person if not that financial stable who holds good captial for the initial investment So it is better to save at initial stage and once you hold a good capital invest it. Investing at the right time in a right product is essential. saving is the most important part of financial management. And investing all in for 3 to 5 years and losing almost 90 percent of it is a very very stupid idea. It is like taking last weeks 12 tickets to the lottery in hope to get something. It is useless. You will lose all hope and money by then. saving is earning. Best option is to save 10 percent each month.
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freeyourmind
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July 17, 2015, 05:58:14 PM |
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Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
90% is too high and after losing for 3 to 5years the one may lose all hope and may never invest again.... I believe there has to be a small amount of money as financial backup Exactly. Saving is an good idea. As if you have saved money you can utilize it at the time of emergencies. Whereas Investment needs a Capital and every person if not that financial stable who holds good captial for the initial investment So it is better to save at initial stage and once you hold a good capital invest it. Investing at the right time in a right product is essential. saving is the most important part of financial management. And investing all in for 3 to 5 years and losing almost 90 percent of it is a very very stupid idea. It is like taking last weeks 12 tickets to the lottery in hope to get something. It is useless. You will lose all hope and money by then. saving is earning. Best option is to save 10 percent each month. For those that are not starting off with existing wealth, the only thing to do is save, and eventually build some equity to allow the opportunity to invest for passive income. For those that have existing wealth and investing knowledge, it makes sense to invest and grow that nest egg. With any investment though, be sure to understand the risk and the possibility of losses.
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X7
Legendary
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Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
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July 17, 2015, 05:59:06 PM |
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invest
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For what shall it profit a man, if he shall gain the world, and lose his own soul?
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GreenStox
Sr. Member
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Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
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July 17, 2015, 06:24:26 PM |
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If you have little money ,invest in high risk high return stuff.
If you have alot of money invest in low risk low return stuff.
You cannot double a billion overnight, but you can 100$ easily.
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