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Author Topic: Is it better to save money or invest it?  (Read 1181172 times)
sirohige
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February 10, 2016, 02:29:47 AM
 #2521

I would rather go for saving, as alteast my money would be safe, as investment can proved to be wrong or bad decision in future, so I would play safe with my money and put into the bank and earn interest on it.
better to invest 50% of your total money at bitcoin
then you can save 50% of that , bitcoin is all about future im sure bitcoin is good for save and invest your money
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February 10, 2016, 03:12:50 AM
 #2522

savings will only take care of your basic expenses and will not be profitable in long run.

Saving is never profitable. Not in the short or even long run and thats a fact, the low interest rate is totally not worth it. You could get more in a year by putting your money in bitcoin, the price yearly has proven that it has been keep on rising so there is no more point to save your money in the bank, not to mention that bitcoin is more secure as well

That's true, invest money in bitcoins to have a good and safe future, as the price would be much higher in future, so if you invest today you can earn higher rate  of returns in the future for sure.

Thats not true at all, investment doesnt mean you will keep on getting the return that you wished for however it works for both way to earn money and to lose money. There is no such thing as easy money, if there is then people will have no need to work anymore and there wont be any poverty in the world
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February 10, 2016, 05:35:23 AM
 #2523

savings will only take care of your basic expenses and will not be profitable in long run.

Saving is never profitable. Not in the short or even long run and thats a fact, the low interest rate is totally not worth it. You could get more in a year by putting your money in bitcoin, the price yearly has proven that it has been keep on rising so there is no more point to save your money in the bank, not to mention that bitcoin is more secure as well


Saving money will not make profit but saving bitcoin will make profit dude. Its due to halving and adoption among the business people.
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February 10, 2016, 09:01:21 AM
 #2524

i will advice to invest if you want to earn some, there are different type of investment, based on your bankroll, and whit different % of risk.


Yeah, its good to invest, specially if you find a good investment site or a good investment program.. much better if it is local, so you know more about the program and the people who run it.. that way the percentage of risk is lower..

I think it is wiser to start saving. Because I think the fact is not so smart to invest.

Because you may therefore lose money.

If you are going to save then you just get right money.
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February 10, 2016, 09:15:24 AM
 #2525

I think its best to invest now and cash out later.
Also if you long term invest your bitcoin will rise at the end.

I think its good to invest because the price is low and the future is good.
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February 10, 2016, 10:59:46 AM
 #2526

I think it is wiser to start saving. Because I think the fact is not so smart to invest.

Because you may therefore lose money.

If you are going to save then you just get right money.

No it's wiser to do both. By performing saving, yes you have a sure money saved here but how come they will increase their quantity if you do saving only.

By investing you will help your savings to saved more money and increase their quantity.

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February 10, 2016, 12:07:52 PM
 #2527

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

I think its not better to save money in bank because The problem with a savings account is that when you put your money in there, it is just sitting and not growing much. The interest rates that banks are offering are pathetic, and since they are not loaning money out to people they aren't making any money, and if they aren't making any money off of your money then they aren't going to give you any in return. Although purchasing gold isn't going to give you and instantly high turn around price to sell it at, it is a steady investment that is going to continue to grow.
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February 10, 2016, 04:51:48 PM
 #2528

No it's wiser to do both. By performing saving, yes you have a sure money saved here but how come they will increase their quantity if you do saving only.

There is no way that you can focus on doing both, choose 1 wisely and focus on doing that otherwise it will not be as succesful as doing one of it. Both have pros and cons which contradict each other, so people need to think clearly on wether to choose which one of it since there is no way you can save while invest
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February 10, 2016, 06:55:26 PM
 #2529

I think its best to invest now and cash out later.
Also if you long term invest your bitcoin will rise at the end.

I think its good to invest because the price is low and the future is good.

I agree with this. Some people think that today's price which is around $385 is not low enough to start buying. But I bet same people were saying that the price isn't low enough when it was $240 not so long ago. Don't listen to them and start buying now. If it's a long term investment you'll definitely profit from it.

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February 10, 2016, 07:27:46 PM
 #2530

well investing involves some risk what can make you lose all your investment, it would be a very bad experience, while if you hold your money in your wallet it will never disappear so i am for holding

 
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February 10, 2016, 08:14:29 PM
 #2531

well investing involves some risk what can make you lose all your investment, it would be a very bad experience, while if you hold your money in your wallet it will never disappear so i am for holding

That's true, saving money can be more profitable in  future as you are not gonna loose anything, the same goes with bitcoin too, if you have enough bitcoins in your wallet then you can sell it when the price is higher.

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February 10, 2016, 08:16:50 PM
 #2532

i dont know about you but i am saving my money because im too much worried about losing it all

 
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February 10, 2016, 08:18:03 PM
 #2533

i dont know about you but i am saving my money because im too much worried about losing it all

Even if you invest only 0.001BTC Huh

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February 10, 2016, 09:22:28 PM
 #2534

I am doing both, saving and investing my money into bitcoins, as bitcoin allows me to do saving as well as investment,  I  sell my bitcoins at the time of emergencies by converting it to fiat and rest is the investment.

 
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sirohige
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February 11, 2016, 01:26:10 AM
 #2535

I am doing both, saving and investing my money into bitcoins, as bitcoin allows me to do saving as well as investment,  I  sell my bitcoins at the time of emergencies by converting it to fiat and rest is the investment.

how about trade..? are you not interesting to growing your money with trade your bitcoin ? Smiley
invest is good, saving is good, both of them is good, but better to trade some of your bitcoin, if you can growing 10% permonth of your bitcoin it's very good precentage....
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February 11, 2016, 02:48:19 AM
 #2536

i dont know about you but i am saving my money because im too much worried about losing it all

Hahaha, you gotta overcome that brother, you have to trust specially if you want to earn from what you have in your wallet..  Smiley

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February 11, 2016, 03:00:36 AM
 #2537

You should always invest your money in whatever has the best ROI.


This can also be achieved from switching money from one derivative into another (e.g. Euro into Bitcoin), in which case investing money has the same meaning as saving it.

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February 11, 2016, 03:08:46 AM
 #2538

i dont know about you but i am saving my money because im too much worried about losing it all

Hahaha, you gotta overcome that brother, you have to trust specially if you want to earn from what you have in your wallet..  Smiley

if you are afraid of losing it all, you can save in some wallet. but I believe saving money in the wallet very safe, depending on how you are using some security to protect wallet

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February 11, 2016, 05:08:20 AM
 #2539

well investing involves some risk what can make you lose all your investment, it would be a very bad experience, while if you hold your money in your wallet it will never disappear so i am for holding

If you are familiar with the term 'PV'- present value of money, then you will not hold your money.
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February 11, 2016, 05:23:11 AM
 #2540

Save first then invest but always have savings that you can use in times of emergency situations. You don't want to end up selling all your coins at a loss when in need.

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