Is it better to save money or invest it?

[partysaurus]

yes ofc you can make money investing it, alot of money if your skilled/luck but you can also lose it all so it depends on what risk you want to take. dont know how many times i read that people lost their life savings on stocks , becuse they made alot of money for a time but then their luck started to run out and they lost the sum the gained and more in 1/10 of the time it took for them to gain it in the first place through investments. so it all depends realy what type of person you are. can you take a loss? and how do you take a loss. do you want to win it back risking even more money ?only you know what type of person you are and what suits you.

[harizen]

yes ofc you can make money investing it, alot of money if your skilled/luck but you can also lose it all so it depends on what risk you want to take. dont know how many times i read that people lost their life savings on stocks , becuse they made alot of money for a time but then their luck started to run out and they lost the sum the gained and more in 1/10 of the time it took for them to gain it in the first place through investments. so it all depends realy what type of person you are. can you take a loss? and how do you take a loss. do you want to win it back risking even more money ?only you know what type of person you are and what suits you.

You are about to invest a money here then you need luck?? Come on focus on it. It's not all about luck. There are succesful business people today and they are not including luck as a one of the main sources to help them grow their invested money in their respective businesses. Why think of a loss rather than preventing them. There are many option to invest with and don't just stick to those high risk invesment especially online investment.

[hendra147]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

each investmen use ponzi scheme will be dead, better to invest atyour trading skill
you can earning more with trading if you have good skill

[Dr.Osh]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

each investmen use ponzi scheme will be dead, better to invest atyour trading skill
you can earning more with trading if you have good skill

yes it is true, if you have great skill in trading is better to use it there, it's safer than investment in other places, but it also can make your money into a lot, but if you do not have that ability, then start learning

[HarHarHar9965]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

each investmen use ponzi scheme will be dead, better to invest atyour trading skill
you can earning more with trading if you have good skill

yes it is true, if you have great skill in trading is better to use it there, it's safer than investment in other places, but it also can make your money into a lot, but if you do not have that ability, then start learning

Yes thats the true fact if you are a good trader you can do trading in small scale and earn at the same ntime learn the advancements thats taking place in the forum. Coming to the investment of cash part of your income has to be invested for your future and in the remaining you go for small scale investments that earn for your expenses and seriously speaking saving is trustful but gives less earning compared to investment.

[ajun96]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

before the scam was visible gestures of-mine ore
delaying payments, and claimed the hack, or site maintenance, Seized, or etc
almost the same all that is done, like other scam sites, such as hashprofit, etc

[XinXan]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

Ore mine is not really an investment to begin with. Thats a ponzi and people need to wake up and start to think clealr of which is investment and which one is ponzi. There are alot of other things that you xould invest with your bitcoin, lending for approximately of 10% uearly in most lending site for example

Come on the most investments can run away nothing is saver then holding. Even with lending you have people who never gone pay you back.

Lies, good investments are safe but you have to find them, of course ponzi schemes are going to be a scam because that's what a ponzi scheme is. They are not that difficult to detect but people willingly invest in them and when they collapse they start complaining, omg scam scam. There are not many good investments in the bitcoin community but if you are using ponzies you deserve to be scammed.

[ermis1975]

All that ponzi are scams but not in the beginning. If you enter when they start, you can take money from them. Usually one day they stops paying and close the site like bitairy or they don't pay but their site stays alive for days (like hourlymine). If you can guess when a site like that becomes scam, you can win huge profits.

[allthingsbtc]

Both.

You always want a solid foundation for yourself, especially if you lose your entire investment. You still want an economic base, a rainy day fund saved up somewhere...

[erwin45hacked]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

Ore mine is not really an investment to begin with. Thats a ponzi and people need to wake up and start to think clealr of which is investment and which one is ponzi. There are alot of other things that you xould invest with your bitcoin, lending for approximately of 10% uearly in most lending site for example

Come on the most investments can run away nothing is saver then holding. Even with lending you have people who never gone pay you back.

You dont even know what the difference between investment and ponzi so I suggest you to stop posting at this thread because you are making this thread out of topic. There are alot more thing to invest your bitcoin in rather than putting it in ponzi and waiting for your money to be stolen, eg investment in a gambling site

[ajun96]

All that ponzi are scams but not in the beginning. If you enter when they start, you can take money from them. Usually one day they stops paying and close the site like bitairy or they don't pay but their site stays alive for days (like hourlymine). If you can guess when a site like that becomes scam, you can win huge profits.

correct,
they are not going to shut down the site, for a short period of time, because of course they have not got a big advantage, is very beneficial for us, if we could join in the beginning,
I often invest and if paid later run, look for other sites

[blackmachinegun]

Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.

each investmen use ponzi scheme will be dead, better to invest atyour trading skill
you can earning more with trading if you have good skill

yeah true. I think both have the same risk of loss of, or perhaps investing in ponzi possession of a higher risk, my own rather suggest the trade, regardless of investment and saving

[Hugroll]

obviously, investing is better because you end up with more money than if you saved it.

but investing can be a bit risky though,if you have a no risk investment that returns more than the inflation rate, you should definitely go for it.

[Zaragota95]

In my opinion, it's way better to invest it, most currencies are undergoing some degree of devaluation and investing it helps saving it's worth particularly in real estate or gold whose price mostly is increasing + the benefit from renting houses etc...
High risk investments however like bitcoins and stocks are only for those who are willingly risking their profit for higher returns, that field is only for those who know what they are doing IMO

[Bitcoinbro]

obviously, investing is better because you end up with more money than if you saved it.

but investing can be a bit risky though,if you have a no risk investment that returns more than the inflation rate, you should definitely go for it.

I think it's a good idea to save and invest as well
If you have a certain amount that you save each month, you could invest half of that

[Zosuda]

obviously, investing is better because you end up with more money than if you saved it.

but investing can be a bit risky though,if you have a no risk investment that returns more than the inflation rate, you should definitely go for it.

I think it's a good idea to save and invest as well
If you have a certain amount that you save each month, you could invest half of that

I think if you have constant income in terms of bitcoin, then save half of that. If you have fiat income, exchange 10% of that into bitcoin and save.

[diodio5]

I think because too many sites investments are going to scam, better to save instead lose a lot of bitcoin, lately ore-mine to be a scam, many people are losing tens of bitcoin,

[nerFohanzo]

I think because too many sites investments are going to scam, better to save instead lose a lot of bitcoin, lately ore-mine to be a scam, many people are losing tens of bitcoin,

If you will invest in ponzi scheme, then the result would be same that you will loose all your hard earned coins in a single moment, it is better to buy some bitcoins at a moment and hold it for future, if you have good amount of bitcoins, it will serve both the purposes it is also saving and it can be a good investment for the future so it can take care of both, saving and investments too.

[harizen]

I think because too many sites investments are going to scam, better to save instead lose a lot of bitcoin, lately ore-mine to be a scam, many people are losing tens of bitcoin,

In the first place, why focusing so much in an online investment as a type of investment they want? Investment is not always online. Im talking here in general that includes fiat money and bitcoin. Make a fixed plan of investing your fiat money in real world if you found yourself always got bad luck in investing online.

[safari88]

I think because too many sites investments are going to scam, better to save instead lose a lot of bitcoin, lately ore-mine to be a scam, many people are losing tens of bitcoin,

bitcoin investments in really high risk. rarely even some investments that could last long. better I play trading in comparison with investment.