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Author Topic: Is it better to save money or invest it?  (Read 1181168 times)
bitcoin-hunter
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March 16, 2016, 02:36:13 PM
 #3141

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.
Both are very good. Saving money is always good. And investing is also very good. But not every time. Because you must look at the value.
If the value is low than it will be good to make an investment. Because the chance will be higher that you can make some profit.
Altcoinsupporter
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March 16, 2016, 03:54:24 PM
 #3142

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.
The best thing that you can do now. Is just investing. Without investing you cant make money so that wont be good.
I hope later that it will be more worth later and that you can have a lot of profit. So you must also take risks.
ASHLIUSZ
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March 16, 2016, 05:52:14 PM
 #3143

it is better to invest money in something like gold or land than to save it..

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ronaldinho_07
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March 16, 2016, 06:00:18 PM
 #3144

There isnt a safe answer at this moment,both option we should do and make,sure investment usually can bring you a new car ,and savins will buy you a cake and coffe machine.The thing is potencial of both are limited to a third person,savings is banks interest ,bitcoins from anothers traders,soo you need lucky to have money to invest and save on the right moment.
martinacar
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March 16, 2016, 06:09:49 PM
 #3145

I think its better to invest these days because of the point the halving is coming this year it it will for sure let people make profit.
The people that want to invest should do that now because it has a really good future, and the user of the bitcoin is also growing.
sachung
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March 16, 2016, 06:50:03 PM
 #3146

it depends on your target profit, If you want to earn serious profit then investing it in good operation might be decent but the risk is proportionate to the potential profit, If you want to earn a smaller but less risky profit then a bank might be your fit.
umaOuma
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March 16, 2016, 11:19:51 PM
 #3147

I think its better to invest these days because of the point the halving is coming this year it it will for sure let people make profit.
The people that want to invest should do that now because it has a really good future, and the user of the bitcoin is also growing.

Yes and all investments are risky so why don't take a risk with bitcoin? Halving is on the way so if you invest now you can make good profits in short term if bitcoin performs well.
CrimBit
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March 17, 2016, 12:38:16 AM
 #3148

it depends on your target profit, If you want to earn serious profit then investing it in good operation might be decent but the risk is proportionate to the potential profit, If you want to earn a smaller but less risky profit then a bank might be your fit.


The risk will always be in search of profit, we will found it, but we can manage it, im trader, i know the risk of my trade, but i have some plan, some skill to decrease chance of lost and increase the profit chance
goinmerry
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March 17, 2016, 05:14:01 AM
 #3149

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

Money in the bank will get you years before getting some percentage in your investment except if you got a really large amount of money there. Investing in bitcoin would be a better choice for me.
vero
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March 17, 2016, 05:39:18 AM
 #3150

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

Money in the bank will get you years before getting some percentage in your investment except if you got a really large amount of money there. Investing in bitcoin would be a better choice for me.
i'm agree with you, all people will want to get more income by investment so like you said now is a good time to invest in bitcoin bcoz halving is coming closer

Herbert2020
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March 17, 2016, 07:21:38 AM
 #3151

there should always be some money stored away in a bank or anything like it for emergencies and unexpected expenses, and whatever remains after that should never stay idle in your pocket or bank. that money should be invested in some business that is trusted and pays a good profit, this way you will stay ahead of inflation and add to your wealth at the same time.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
betohell
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March 17, 2016, 08:27:27 AM
 #3152

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
if you do not have the big money in the bank. bank interest will be very small dude. administrative costs precisely every month, which will erode your money

bitlancr
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March 17, 2016, 11:23:53 AM
 #3153

Both doing is very good. Because saving money is the best thing that you can do with your money.
But to make some money, you will need to invest and that is very important, but their are risky of course. That you also can lose some money.
armansolis593
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March 17, 2016, 11:50:28 AM
 #3154

Both doing is very good. Because saving money is the best thing that you can do with your money.
But to make some money, you will need to invest and that is very important, but their are risky of course. That you also can lose some money.


You are right about this,some people just want to save money for safe keeping only in case something went wrong.
While some want to earn more money thats why they tend to invest,any ways is better it just need to fit your category.
jack1111
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March 17, 2016, 11:53:20 AM
 #3155

of course investing is the better but the problem is you can't find investing site or method without risk , and if you found it , it gives you small profit
blackmachinegun
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March 17, 2016, 12:08:56 PM
 #3156

there should always be some money stored away in a bank or anything like it for emergencies and unexpected expenses, and whatever remains after that should never stay idle in your pocket or bank. that money should be invested in some business that is trusted and pays a good profit, this way you will stay ahead of inflation and add to your wealth at the same time.
therefore the plan before doing anything very important we must provide calculations
what percentage to back up money, saving, and investment. all must be formulated precisely so that when things happen unexpectedly. we still have a cash reserve or backup plan
diegz
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March 17, 2016, 12:31:40 PM
 #3157

of course investing is the better but the problem is you can't find investing site or method without risk , and if you found it , it gives you small profit

As of this time I don't see any investment sites that has no risk.. all of them are risky...But you really have to trust them even if you don't like to.. or just save your money, but if you save it, time will come that its value would depreciate..

harizen
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March 17, 2016, 12:57:41 PM
 #3158

of course investing is the better but the problem is you can't find investing site or method without risk , and if you found it , it gives you small profit

Why stick to find an online investment site? There are lots of opportunities to invest your money and not just online.

Think out of the box or rather remove the box so you can able to help yourself.

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Scream
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March 17, 2016, 01:17:24 PM
 #3159

of course investing is the better but the problem is you can't find investing site or method without risk , and if you found it , it gives you small profit

each investment site, trading, ponzi, hyip, gambling, owning faucet etc. have risk , sometimes you get profit and sometimes you lost some bit's.
harizen
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March 17, 2016, 01:24:03 PM
 #3160

of course investing is the better but the problem is you can't find investing site or method without risk , and if you found it , it gives you small profit

each investment site, trading, ponzi, hyip, gambling, owning faucet etc. have risk , sometimes you get profit and sometimes you lost some bit's.

Speaking of risk and one like to find an online investment, they why not invest your money to do trading business.

Every online investment has risk but here in trading, the risk is worth to try. You can study first before engaging in actual trading.

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