Is it better to save money or invest it?

[Karartma1]

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]

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]

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]

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]

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]

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]

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.

[erwin45hacked]

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]

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]

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_]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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.