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HarryKPeters
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May 15, 2016, 02:21:00 PM |
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Saving money in bank is good but the rate of interest is too low and you also need to follow many rules and regulations of banks, in bitcoin you can enjoy great level of freedom.
The thing is we save our monies in bank and the bank will use it for lending or offer to for loans to people who needs money and they will put big interest into it and only a very tiny portion they are giving it back to us. Well the interest in some countries work different. Japan f.e. has negative interest Europeans have their total income taxed, which in my countries means i need to make profit of my savings else i will have to pay too much tax. |
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bamboylee
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May 15, 2016, 02:37:13 PM |
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Saving money in bank is good but the rate of interest is too low and you also need to follow many rules and regulations of banks, in bitcoin you can enjoy great level of freedom.
The thing is we save our monies in bank and the bank will use it for lending or offer to for loans to people who needs money and they will put big interest into it and only a very tiny portion they are giving it back to us. Yeah, they are just the one benefiting if we put our money in the bank. They earn a lot from what we put in there and they just give us too small back. Save your money in bitcoin and it will grow and you tke all the profit. No one will get percentage of what you earn. It's all yours. |
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boyptc
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May 15, 2016, 02:56:32 PM |
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chose both, because each has its advantages
Yeah both has its own advantages. One needs to pick upon their own necessity of money. If the necessity is in a short run saving is the right one. On a long run investing gives bigger earning. Yes they have its own good purpose. It will just depend on the person that needs to use their service. But of course the important thing is you are saving your money for your future purposes. |
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knowhow
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May 15, 2016, 03:29:18 PM |
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chose both, because each has its advantages
Yeah both has its own advantages. One needs to pick upon their own necessity of money. If the necessity is in a short run saving is the right one. On a long run investing gives bigger earning. Yes they have its own good purpose. It will just depend on the person that needs to use their service. But of course the important thing is you are saving your money for your future purposes. I have both things ,savings for emergency problems,and i am investing to maximize my potencial income,till the moment im very happy to had invested as the returns are coming even slowly but i see the result of investing.You should always explore both options and take the risk around both knowing that you are doing something . |
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torrentheaven
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May 15, 2016, 03:31:50 PM |
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chose both, because each has its advantages
Yeah both has its own advantages. One needs to pick upon their own necessity of money. If the necessity is in a short run saving is the right one. On a long run investing gives bigger earning. Yes they have its own good purpose. It will just depend on the person that needs to use their service. But of course the important thing is you are saving your money for your future purposes. I have both things ,savings for emergency problems,and i am investing to maximize my potencial income,till the moment im very happy to had invested as the returns are coming even slowly but i see the result of investing.You should always explore both options and take the risk around both knowing that you are doing something . If you want to earn good profits in future then you need to take that extra risk at this stage, as every investment involves certain risks, that is a part and parcel of any investment. |
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winspiral
Legendary
 Offline
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
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May 15, 2016, 03:37:09 PM |
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I have a good over view: Number of claiming:1922 times
Number of selling:31 times.
Number of re-invest:106 times.
Number of VIP claiming:351 times.
Number of VIP destroying:32 times.
People do not like re-invest...a reinvest is in fact an investment. People prefer saving...what you have...you have... So far the ones who risked have better profit... But...the market is always right. |
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LarryHocks
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May 15, 2016, 03:38:06 PM |
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chose both, because each has its advantages
Yeah both has its own advantages. One needs to pick upon their own necessity of money. If the necessity is in a short run saving is the right one. On a long run investing gives bigger earning. Yes they have its own good purpose. It will just depend on the person that needs to use their service. But of course the important thing is you are saving your money for your future purposes. I have both things ,savings for emergency problems,and i am investing to maximize my potencial income,till the moment im very happy to had invested as the returns are coming even slowly but i see the result of investing.You should always explore both options and take the risk around both knowing that you are doing something . If you want to earn good profits in future then you need to take that extra risk at this stage, as every investment involves certain risks, that is a part and parcel of any investment. For me it not really risk, Just think about the long term. Suppose the price falls again to 350 then just hold your coins (i.e. don't panic sell) an wait for a year or so. Eventually the price will get picked up again. |
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umaOuma
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May 15, 2016, 03:58:31 PM |
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chose both, because each has its advantages
Yeah both has its own advantages. One needs to pick upon their own necessity of money. If the necessity is in a short run saving is the right one. On a long run investing gives bigger earning. Yes they have its own good purpose. It will just depend on the person that needs to use their service. But of course the important thing is you are saving your money for your future purposes. I have both things ,savings for emergency problems,and i am investing to maximize my potencial income,till the moment im very happy to had invested as the returns are coming even slowly but i see the result of investing.You should always explore both options and take the risk around both knowing that you are doing something . If you want to earn good profits in future then you need to take that extra risk at this stage, as every investment involves certain risks, that is a part and parcel of any investment. For me it not really risk, Just think about the long term. Suppose the price falls again to 350 then just hold your coins (i.e. don't panic sell) an wait for a year or so. Eventually the price will get picked up again. Price rise and price fall will always be a part of bitcoin journey, if price falls you should not get panic and have faith that it will rise again in future. |
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oHnK
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May 15, 2016, 04:54:12 PM |
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Price rise and price fall will always be a part of bitcoin journey, if price falls you should not get panic and have faith that it will rise again in future.
No it isnt and price doesnt really determine the value of the investment. Once the world realize that bitcoin is far more than pump and dump stuff, we will be able to purchase things by using it and I mean alot of things rather than just some niche which means the price wont be any significant factor to worry about anymore |
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GamingBro
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May 15, 2016, 08:30:56 PM |
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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.
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techgeek
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May 15, 2016, 08:52:46 PM |
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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.
I say depending where you live in the world this is very do-able. But places like california or similar countries that have high tax rates its very unviable on what you mentioned unless you have large sums of money. |
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CryptoBjorn
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May 15, 2016, 08:59:20 PM |
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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.
From experience i have to say how i have made a plan to both profit and be have some security at the same time -Invest a part of your money into stocks -A part into more high risk assets where you can hold if your investment turn out to be a lost investment -Make sure you deposit some money into a saving accounts with interest. |
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toy4lov3rs
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May 15, 2016, 09:24:44 PM |
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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.
From experience i have to say how i have made a plan to both profit and be have some security at the same time -Invest a part of your money into stocks -A part into more high risk assets where you can hold if your investment turn out to be a lost investment -Make sure you deposit some money into a saving accounts with interest. Its always good to diversify your investments and it will also reduce your risk, as even if one product fails the other product will take care of you in long run. |
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bamboylee
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May 15, 2016, 09:56:25 PM |
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Price rise and price fall will always be a part of bitcoin journey, if price falls you should not get panic and have faith that it will rise again in future.
No it isnt and price doesnt really determine the value of the investment. Once the world realize that bitcoin is far more than pump and dump stuff, we will be able to purchase things by using it and I mean alot of things rather than just some niche which means the price wont be any significant factor to worry about anymore Price will always rise and fall. How you use it to your advantage is the key to it. Of course, the price will always be how you determine the value of an investment. That is why you invest, to get a higher price and more money. |
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Compa
Legendary
Offline
Activity: 1006
Merit: 1000
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May 15, 2016, 10:05:32 PM |
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If I have a lot of money, I dont think to save my money in the banks or at my house.
I will invest it or buy something to get profit in the future.
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bamboylee
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May 16, 2016, 12:01:21 AM |
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If I have a lot of money, I dont think to save my money in the banks or at my house.
I will invest it or buy something to get profit in the future.
That is right, you should invest your money. But before you do that, you should have an emergency fund in a bank or saved somewhere. This is your fallback if ever your investments failed. This moneybcan save you a lot of headaches in the future. |
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betohell
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May 16, 2016, 12:14:53 AM |
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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.
yeah it depends on your financial condition if you still save a lot of money. better you divide some to be an investment, it would be more profitable for you |
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Hatuferu
Legendary
Offline
Activity: 1092
Merit: 1000
https://trueflip.io/
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May 16, 2016, 01:59:01 AM |
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It depends on situation, if you have enough money to live and also you have balance to invest, better to do it. But sometimes in rainy days better to hold money and trying to survive.
yeah it depends on your financial condition if you still save a lot of money. better you divide some to be an investment, it would be more profitable for you That should be the idea, by diversifying your investment you can minimize the risk and with that happening your profit will increase. The best way to do is invest in an online casino or just simply buy and hold bitcoins. |
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Blitzboy
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May 16, 2016, 02:08:03 AM |
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Investing for me is risky better to save and find a source of bitcoin so that you can increase the amount of your savings and wait for block halving and exchange your once the price is high..
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jt byte
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May 16, 2016, 02:09:36 AM |
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Investing for me is risky better to save and find a source of bitcoin so that you can increase the amount of your savings and wait for block halving and exchange your once the price is high..
I think that's what most are planning for betting their bitcoins on  |
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