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Author Topic: Is it better to save money or invest it?  (Read 1181159 times)
Galiatram
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June 07, 2016, 02:41:07 PM
 #4781

it depends about how much money youve got there are always people on earth who have enough money so they can invest or save money but why save money if you can invest money to make more out of it.
bamboylee
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June 07, 2016, 03:29:46 PM
 #4782

I would honestly now just invest in the bitcoin because it has a good future a head and the bitcoin is gonna rise to a high amount this year without any doubts.
I think the bitcoin is gonna rise to a high amount this year.

Why would you do one thing I honestly would do it both at the exact same time so if the bitcoin does not go very well you still have some money for other things.
See it a as a back up for later.

Right, if you can do both, why not? It is better if you save some and invest some. So if investments fail, you have your savings to fall back on. You won't be broke and you can start over again.
Bitcoinbee
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June 07, 2016, 03:58:20 PM
 #4783

I prefer in investing my money intended for savings since I need to keep my savings as it is and have a source to where my spending will be taken.  I always make it clear that what my starting resources is my savings and the profits to be my spending funds.  But this will be only a part of my investments since the resources here are for savings purposes.

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Helpme_please
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June 07, 2016, 04:04:07 PM
 #4784

if your money enough to save and invest, i prefered both of them.
salmanahmedone
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June 07, 2016, 06:34:20 PM
 #4785

The only wrong time to invest is later. If you have the capacity, now is always a right time to invest. The only thing that can go wrong is where you are investing. If you invest in a right instrument, now is alway right. If you go long term, you minimizes your risk and maximizes profit. And I believe bitcoin is a good investment vehicle.

I can confirm it with my experience, I'm always either late to invest in something or ignorant.

I don't know when is the right time to invest. That is the main problem.

I see the some alts are going crazy, when I invest in it, it surprisingly starts dropping as everyone else are dumping. It's really hard to know when is that right time.  Cry lol

Best to save up your money; probably even convert it into fiat. Saving up just enough to support a new business set up can save you if you’re investment in bitcoin doesn’t go to well; we can expect it to increase in value when the halving occurs so you can quickly sell it when it reaches $600 per BTC.
GamingBro
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June 07, 2016, 06:46:59 PM
 #4786

I think that anyway better to invest, cause saving money without any increasing is not profitable. I think that always need looking for profit and make more and more money.

zeaderza
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June 07, 2016, 07:42:55 PM
 #4787

If you have fiat money invest it but if you have bitcoin save it price will increase more than now after halving.
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June 07, 2016, 08:10:08 PM
 #4788

I think saving bitcoins is the best way to earn money and better than investing in any site for newbies.
Because if you chosen wrong site to invest, you might just end up loosing the initial amount too.
MaritiJames3
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June 07, 2016, 08:40:53 PM
 #4789

I think saving bitcoins is the best way to earn money and better than investing in any site for newbies.
Because if you chosen wrong site to invest, you might just end up loosing the initial amount too.

Saving them now is good indeed due to the fact that the bitcoin has a very good future if you ask me, its just a matter of time before you can make profit with it.
Most likely around the halving or after it.
praprata
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June 07, 2016, 08:45:29 PM
 #4790

I think saving bitcoins is the best way to earn money and better than investing in any site for newbies.
Because if you chosen wrong site to invest, you might just end up loosing the initial amount too.

Yes there is a chance of saving the bitcoin without any doubts but the fact is that if you want to save them up for a long time I would not invest right now I would wait till the price is a bit lower to be honest.


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mightyghz
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June 07, 2016, 08:54:46 PM
 #4791

The best investment is investing in yourself! gain new knowledge and skills, that is what actually will allow you to make more money!  Wink
bamboylee
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June 07, 2016, 09:39:20 PM
 #4792

I think saving bitcoins is the best way to earn money and better than investing in any site for newbies.
Because if you chosen wrong site to invest, you might just end up loosing the initial amount too.

You should know.and study the investment first before putting any money in it. If you just put money on any investing sites without studying it first, then you are like throwing your money away. Invest on trusted investments and you will never go wrong. It is always good to have some sort of investment.

Jmild1
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June 07, 2016, 10:34:10 PM
 #4793

The best investment is investing in yourself! gain new knowledge and skills, that is what actually will allow you to make more money!  Wink
Yeah, but dont forget to add strategy too some people who dont have skills are getting richer because of their strategy
richardsNY
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June 07, 2016, 10:42:35 PM
 #4794

I think saving bitcoins is the best way to earn money and better than investing in any site for newbies.
Because if you chosen wrong site to invest, you might just end up loosing the initial amount too.

You should know.and study the investment first before putting any money in it. If you just put money on any investing sites without studying it first, then you are like throwing your money away. Invest on trusted investments and you will never go wrong. It is always good to have some sort of investment.



Doing proper research about the market you are willing to invest in is indeed what most of the people do. But I see a lot people here just YOLO buy at a certain price level hoping the price will sky rocket. These people mostly end up in a huge disappointment. What they do is not investing, YOLO buying is basically the same as gambling.
diodio5
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June 08, 2016, 12:26:50 AM
 #4795

i do both, right investment and right saving
Its strange why you will save bitcoins when you have a nice way to invest them ? I mean suppose you have 1 bitcoin then you will save 0.5 and invest 0.5 ? Its not understandable to me because if you get profits from 0.5 investment then you can also invest the other. And if there is a risk then why you would invest the 0.5 also ?
many people say that do not store eggs in one container of the same. maybe a lot of people are afraid to invest all their money? you know every investment must have a risk ? so they do not want to lose all their money? they certainly would not put all their money in investments
ajun96
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June 08, 2016, 01:23:21 AM
 #4796

The best investment is investing in yourself! gain new knowledge and skills, that is what actually will allow you to make more money!  Wink
Yeah, but dont forget to add strategy too some people who dont have skills are getting richer because of their strategy
certainly invest to hone the skills you have to do at school or college. but a lot of rich people who drop out of school, but they can become rich? Mark Zuckerberg example? He dropped out of college
but he was still able to work and be very successful? you just need a creative?
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June 08, 2016, 01:35:04 AM
 #4797

invest is best option if you know the safe place to invest.
Helpme_please
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June 08, 2016, 01:40:23 AM
 #4798

invest is best option if you know the safe place to invest.

I would say that there is no safe place for investment. In investing, there is always a risk and if you don't go for risk the chances of earning high is very low.
That's why people need to invest and take also the risk, but if you don't want the risk then go for saving your money and think about it.

if you can research, some good investment give a little interest and it's very safe like bank
goldcoinminer
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June 08, 2016, 01:54:39 AM
 #4799

invest is best option if you know the safe place to invest.

I would say that there is no safe place for investment. In investing, there is always a risk and if you don't go for risk the chances of earning high is very low.
That's why people need to invest and take also the risk, but if you don't want the risk then go for saving your money and think about it.

if you can research, some good investment give a little interest and it's very safe like bank
But sometimes people become greedy and don't want to earn small interest and want it instant. Sometimes they go gamble hoping they have a big return but it all ends up a mistake in their part. For me, it is better to invest as you can maximize your earnings as long as you know what you are doing and you can afford to lose the money invested.
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June 08, 2016, 03:13:43 AM
 #4800

invest is best option if you know the safe place to invest.

I would say that there is no safe place for investment. In investing, there is always a risk and if you don't go for risk the chances of earning high is very low.
That's why people need to invest and take also the risk, but if you don't want the risk then go for saving your money and think about it.

if you can research, some good investment give a little interest and it's very safe like bank
But sometimes people become greedy and don't want to earn small interest and want it instant. Sometimes they go gamble hoping they have a big return but it all ends up a mistake in their part. For me, it is better to invest as you can maximize your earnings as long as you know what you are doing and you can afford to lose the money invested.

And most of the people wants a passive income that really pays well without putting effort and work.

That's what you called a pure lazy one. Didn't they realized that even rich one really putting hard work even they are rich now.

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