Bitcoin Forum
June 15, 2024, 06:16:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 [157] 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 ... 712 »
  Print  
Author Topic: Is it better to save money or invest it?  (Read 1181168 times)
Karartma1
Legendary
*
Offline Offline

Activity: 2310
Merit: 1422



View Profile
March 15, 2016, 06:29:34 PM
 #3121

Investing is good as long as one has money to live comfortably on a month by month basis. If one struggles to live with his own wage that's very hard of even thinking about it.
I invested in btc when I was able to and today I'm carefully looking after my investment
randy8777
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
March 15, 2016, 07:08:20 PM
 #3122

Investing is good as long as one has money to live comfortably on a month by month basis. If one struggles to live with his own wage that's very hard of even thinking about it.
I invested in btc when I was able to and today I'm carefully looking after my investment

you are wise when it comes to investing your money. a lot of the panic sellers sell because they invest money that they can't miss in their personal life. they sell just to prefent themself from making bigger losses. they don't know what they are doing. these people should stay far away from any kind of investment.
Olaf
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
March 15, 2016, 09:25:55 PM
 #3123

Saving vs Investing is a age old question.

Saving just means - (risk free investing) - I certain countries like India, you earn 10% PA saving money. (risk free annual interest). Not considering inflation.

Investing is good as long as you have information. Don't invest with the crowd. Invest on something you know that not many people yet know about. If you have no unique knowledge, you should stay away and save.

Saving can also have risks to depending on how you see it?

When your money is at a bank, and it defaults what happens to your savings then? FDIC covers a certain amount, but there is limitations.

Bit1334271
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
March 15, 2016, 10:23:06 PM
 #3124

Saving money is much better then investing because currently most of investing companies turning into Ponzi schemes which give huge setback to investors and its very hard to recover from this so better save with keep bitcoins and wait for rise of price for better profit
BitsandBites
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
March 15, 2016, 11:54:23 PM
 #3125

I'd recommend saving. For instance, I am holding my bitcoins at this moment.
Investing can yield you a lot of money, but you have to be sure you know about the market.
It is risky, but if you are good at economics, you can do it.
CrimBit
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
March 16, 2016, 02:10:16 AM
 #3126

I'd recommend saving. For instance, I am holding my bitcoins at this moment.
Investing can yield you a lot of money, but you have to be sure you know about the market.
It is risky, but if you are good at economics, you can do it.

split your money some part saving at bank, and other part invest at bitcoin.
i save arround $50-$100 / month im waiting reach arround $5000 then i use it for buid small bussines, also i growing my money at altcoin trading.
pooya87
Legendary
*
Offline Offline

Activity: 3486
Merit: 10643



View Profile
March 16, 2016, 04:07:51 AM
 #3127

well, you have to have money saved up since we all need money in every single aspect of our lives. besides there is the profit which banks give to your money that covers the inflation.

but at the same time, if you want to grow your money you will have to do some kind of investment. and to reduce the risks and still have a decent profit it is a good idea to invest in multiple places.

for example i invest in bitcoin, gold and a couple of other small businesses (with cash) for profit.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
erwin45hacked
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000



View Profile
March 16, 2016, 05:57:07 AM
 #3128

besides there is the profit which banks give to your money that covers the inflation.


This is totally stupid, the interest from the banks wont cover the inflation rate. Your post makes no sense at all because in the most logical thought, banks are there to make profit for themselves not yourself so giving higher interest rate then the inflation rate equals to giving away free money in their own expenses
sirohige
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500



View Profile
March 16, 2016, 06:27:43 AM
 #3129

besides there is the profit which banks give to your money that covers the inflation.


This is totally stupid, the interest from the banks wont cover the inflation rate. Your post makes no sense at all because in the most logical thought, banks are there to make profit for themselves not yourself so giving higher interest rate then the inflation rate equals to giving away free money in their own expenses

sometimes, bitcoin growing it's very low and fail. i think save our money with lower interest is enough for safety future. im never think to invest all of my money at bitcoin, we must save our money for future,.
trenchflaint
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 16, 2016, 06:31:09 AM
 #3130

besides there is the profit which banks give to your money that covers the inflation.


This is totally stupid, the interest from the banks wont cover the inflation rate. Your post makes no sense at all because in the most logical thought, banks are there to make profit for themselves not yourself so giving higher interest rate then the inflation rate equals to giving away free money in their own expenses

sometimes, bitcoin growing it's very low and fail. i think save our money with lower interest is enough for safety future. im never think to invest all of my money at bitcoin, we must save our money for future,.

Never go greedy in investment and trust the one who are giving large amount of incentive when you invest your money to them.
Start small in investing to safe guard your money or you might lose them all.
kyrios_
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
March 16, 2016, 06:51:28 AM
 #3131

Saving money is more important, cause in case of emergency you have save some money for it. In this  days saving money is most important than investing.

The value of fiat cash decreases with time, due to inflation. That is why the banks pay you interest to deposit fiat. On the other hand, since it is protected against inflation, no interest payments are required for Bitcoin deposits. If Bitcoin replaces fiat cash, the practice of giving interest for deposits will come to an end.

This is an interesting untested idea. I agree that the idea of paying interest is to combat inflation. Bitcoin with its deflationary nature, may make this practice redundant. However, if there are services assuming they are not scams, like haobtc and magnr interest paying wallets. I don't see why people won't use it. I wouldn't say no to free money.
raribest2
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
March 16, 2016, 08:54:19 AM
 #3132

of course it' s better to invest your money, keep your money in a bank it's no more suitable unless you don't want to lose money, put your money in an edge funds and you can have good results
armansolis593
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
March 16, 2016, 09:09:37 AM
 #3133

Its better to invest it in gambling site that do gave investor a chance to be part of their bankroll.
This is a good way of investing just make sure you read the review about the casino you want to invest.
Rinder
Hero Member
*****
Offline Offline

Activity: 868
Merit: 500



View Profile
March 16, 2016, 09:51:54 AM
 #3134

Save money of course IMO, there should be a decent kept amount and after saving that amount then you can invest it in some low risk field like real estate and maybe good banks as well.
winspiral
Legendary
*
Offline Offline

Activity: 1778
Merit: 1026


Free WSPU2 Token or real dollars


View Profile WWW
March 16, 2016, 09:59:30 AM
 #3135

best is to take it in real...
go on my U2cloudmining site and claim for free shares or VIPshares
Once you have enough you can sell them for satoshi...or claim more free shares.
once you have pending payout...you can wait for payout or re-invest it...

So you can not only answer this topic but do what you believe it is the best ... for you.



jkrules
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
March 16, 2016, 10:07:12 AM
 #3136

Save money of course IMO, there should be a decent kept amount and after saving that amount then you can invest it in some low risk field like real estate and maybe good banks as well.

Saving money in bank is a waste of time. You get only a small percent of interest every month while you put your money in someone else possesion , you can always put your money in some type of investment like gold which could get you more interest than what banks offered you
HarryKPeters
Hero Member
*****
Offline Offline

Activity: 896
Merit: 1000


Live Stars - Adult Streaming Platform


View Profile
March 16, 2016, 11:18:12 AM
 #3137

Save money of course IMO, there should be a decent kept amount and after saving that amount then you can invest it in some low risk field like real estate and maybe good banks as well.

Saving money in bank is a waste of time. You get only a small percent of interest every month while you put your money in someone else possesion , you can always put your money in some type of investment like gold which could get you more interest than what banks offered you
Everybody needs to keep some money safe on a bank account for future expenses. It's just a way to live your life prepared for the risk.
I do acknowledge the rent is very low/zero so investing a large part in some safe ventures is always an good idea.

But again make sure to have some money on a savings account too.

adibe
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
March 16, 2016, 11:27:11 AM
 #3138

Save money of course IMO, there should be a decent kept amount and after saving that amount then you can invest it in some low risk field like real estate and maybe good banks as well.

Saving money in bank is a waste of time. You get only a small percent of interest every month while you put your money in someone else possesion , you can always put your money in some type of investment like gold which could get you more interest than what banks offered you

Well, if you have much money in a bank it's not wasted though. You still can earn much from the interest. But if not have much money better you invest on bitcoin. it's more better imo.
armansolis593
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
March 16, 2016, 11:32:34 AM
 #3139

Save money of course IMO, there should be a decent kept amount and after saving that amount then you can invest it in some low risk field like real estate and maybe good banks as well.

Saving money in bank is a waste of time. You get only a small percent of interest every month while you put your money in someone else possesion , you can always put your money in some type of investment like gold which could get you more interest than what banks offered you

Well, if you have much money in a bank it's not wasted though. You still can earn much from the interest. But if not have much money better you invest on bitcoin. it's more better imo.

Well i think its still better to invest in banks as you investment is secured incase something went wrong.
Though its easy to earn money through investing in bitcoin its still risky.
knowhow
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
March 16, 2016, 02:19:48 PM
 #3140

Save money of course IMO, there should be a decent kept amount and after saving that amount then you can invest it in some low risk field like real estate and maybe good banks as well.

Saving money in bank is a waste of time. You get only a small percent of interest every month while you put your money in someone else possesion , you can always put your money in some type of investment like gold which could get you more interest than what banks offered you

That is the point you get a small percent of interest,but you get profit,new cash generated doing nothing,for other side bitcoin and crypto sounds the gold mine of investments,allowing you to get in a day what you would get in a month at banks,but you loose too soo bitcoin is great but there is no garantee that you will always profit at it,banks assure you interest always.
Pages: « 1 ... 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 [157] 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 ... 712 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!