bamboylee
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June 08, 2016, 03:57:41 PM |
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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. If you convert fiat into bitcoin, then it can be considered as investing on bitcoin. It is not saving because if you bought at a wrong price, you can lose money. Now that the price is really high, it is not wise to buy bitcoin. Better wait when the holders dump their coins and the price drops.
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martinacar
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June 08, 2016, 05:22:36 PM |
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I think investing is now better but if you combine them both it even would be better these days. I think the bitcoin can rise up to a high amount this year without any doubts.
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upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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June 08, 2016, 05:52:55 PM |
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For now, i advice you to invest your money in bitcoin, because i think the price of bitcoin will keep increase until the halving come, you can invest all your money or half for invest and half for saving.
Did you read the OP mate ? He is asking will you invest your BITCOINS or save your BITCOINS for future price increase. Its not about asking whether you would buy bitcoins ( invest in bitcoins ) or not. Anyways yes you are right though invest in BTC is good at the moment.
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CryingMidget
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June 09, 2016, 05:10:27 AM |
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I think investing is now better but if you combine them both it even would be better these days. I think the bitcoin can rise up to a high amount this year without any doubts.
Saving your money isnt a form of investment because the interest earned is pretty much low, even if you compound them over for a year period then you will get the interest rate will be lower than the yearly inflation rate. That means you are losing money each time you save them up, however atleast you are exposing your funds to a smaller risk. On the other hand there is always a safe deposits which could be consider as a form of investment, kinda combination of both saving and investing.
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elyas772
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June 09, 2016, 06:00:48 AM |
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I think investing is now better but if you combine them both it even would be better these days. I think the bitcoin can rise up to a high amount this year without any doubts.
Saving your money isnt a form of investment because the interest earned is pretty much low, even if you compound them over for a year period then you will get the interest rate will be lower than the yearly inflation rate. That means you are losing money each time you save them up, however atleast you are exposing your funds to a smaller risk. On the other hand there is always a safe deposits which could be consider as a form of investment, kinda combination of both saving and investing. But in terms of bitcoin saving money and just wait for the price increase I think we can consider it as a form of an investment. As many people are buying bitcoin so they are already invested money for buying bitcoins for the hope of they will get profit once the bitcoin halving occurs. So, that's just my cent about saving of bitcoin is also a form of investment. put money in bitcoin certainly the type of investment, just like when you buy gold. I have put enough money in bitcoin when the price under $500 because I dare to do this because of halving. if there is nothing halving I would not dare to do this. and better do things as usual, grow my bitcoin with the signature campaign and trading.
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tabas
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June 09, 2016, 06:32:02 AM |
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I think investing is now better but if you combine them both it even would be better these days. I think the bitcoin can rise up to a high amount this year without any doubts.
Saving your money isnt a form of investment because the interest earned is pretty much low, even if you compound them over for a year period then you will get the interest rate will be lower than the yearly inflation rate. That means you are losing money each time you save them up, however atleast you are exposing your funds to a smaller risk. On the other hand there is always a safe deposits which could be consider as a form of investment, kinda combination of both saving and investing. But in terms of bitcoin saving money and just wait for the price increase I think we can consider it as a form of an investment. As many people are buying bitcoin so they are already invested money for buying bitcoins for the hope of they will get profit once the bitcoin halving occurs. So, that's just my cent about saving of bitcoin is also a form of investment. put money in bitcoin certainly the type of investment, just like when you buy gold. I have put enough money in bitcoin when the price under $500 because I dare to do this because of halving. if there is nothing halving I would not dare to do this. and better do things as usual, grow my bitcoin with the signature campaign and trading. I guess that is also a type of investment because there is a transaction happened, buying and holding. When you are buying something and going to sell it again, well that can be considered as an investment.
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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June 09, 2016, 09:13:29 AM |
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I think investing is now better but if you combine them both it even would be better these days. I think the bitcoin can rise up to a high amount this year without any doubts.
Saving your money isnt a form of investment because the interest earned is pretty much low, even if you compound them over for a year period then you will get the interest rate will be lower than the yearly inflation rate. That means you are losing money each time you save them up, however atleast you are exposing your funds to a smaller risk. On the other hand there is always a safe deposits which could be consider as a form of investment, kinda combination of both saving and investing. But in terms of bitcoin saving money and just wait for the price increase I think we can consider it as a form of an investment. As many people are buying bitcoin so they are already invested money for buying bitcoins for the hope of they will get profit once the bitcoin halving occurs. So, that's just my cent about saving of bitcoin is also a form of investment. put money in bitcoin certainly the type of investment, just like when you buy gold. I have put enough money in bitcoin when the price under $500 because I dare to do this because of halving. if there is nothing halving I would not dare to do this. and better do things as usual, grow my bitcoin with the signature campaign and trading. I guess that is also a type of investment because there is a transaction happened, buying and holding. When you are buying something and going to sell it again, well that can be considered as an investment. Exactly, anything that would give you a risk and reward called investment, saving will only safekeep your money without and interest or with small interest but in investing you have a good chance to earn profit form your investment but you need to be very careful on when you put your investment as this is a risky venture.
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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June 09, 2016, 09:35:13 AM |
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Its depend on your your own think. However these days bitcoin is going high and this is profitable for everyone. after halving price may be came down. So profit of investing in BTC depend on time duration.
But even if you invest bitcoins in sites you are not going to lessen them, right ? Then why even do not invest them ? I mean price will increase is better for you then. I do not understand this logic of saving them.
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saiha
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June 09, 2016, 09:38:30 AM |
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Its depend on your your own think. However these days bitcoin is going high and this is profitable for everyone. after halving price may be came down. So profit of investing in BTC depend on time duration.
But even if you invest bitcoins in sites you are not going to lessen them, right ? Then why even do not invest them ? I mean price will increase is better for you then. I do not understand this logic of saving them. Well the logic of just saving or holding your bitcoin is that you are just storing them and reserving them for the bitcoin price increase. And when the price increase happens so the value of the bitcoin you are holding will definitely increase it's price for dollar. When you sell it, your profit becomes higher when the price of selling of bitcoin is high.
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Vires in Numeris
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Nouelle-Hunter
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Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
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June 10, 2016, 12:50:37 AM |
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I think it is better to invest it online rather than to save it through banks and gold.Tho gold is more secured than bitcoins,it is not like bitcoin that bitcoins price growsvand grows each day not like gold.Bitcoin can make higher interest on your money just by storing it.But it is still depending on you but for me i preffer you to invest it
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goldcoinminer
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June 10, 2016, 01:21:37 AM |
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I think it is better to invest it online rather than to save it through banks and gold.Tho gold is more secured than bitcoins,it is not like bitcoin that bitcoins price growsvand grows each day not like gold.Bitcoin can make higher interest on your money just by storing it.But it is still depending on you but for me i preffer you to invest it
If you save your money in the bank then I am sure the interest you earn is not that good as they only offer like maximum of 5% per year. For me that is not worth they are the only who can maximize their profit because of our money as they will use it to extend loans. Be wise and invest it in bitcoins and enjoy the good profit in the future.
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Aamir1
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June 10, 2016, 12:22:05 PM |
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I think it is better to invest it online rather than to save it through banks and gold.Tho gold is more secured than bitcoins,it is not like bitcoin that bitcoins price growsvand grows each day not like gold.Bitcoin can make higher interest on your money just by storing it.But it is still depending on you but for me i preffer you to invest it
If you save your money in the bank then I am sure the interest you earn is not that good as they only offer like maximum of 5% per year. For me that is not worth they are the only who can maximize their profit because of our money as they will use it to extend loans. Be wise and invest it in bitcoins and enjoy the good profit in the future. Obviously, saving your money won't give you any profit if you are willing to that, it will just keep you satisfied that your money is kept safe. But if you ask me, i would say just invest it, in bitcoin, or in trading altcoins, if you trade bitcoins with the money you will surely earn profit in future as the price is growing and it will grow even more after block halving, so you won't regret it at all.
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DeDordtenaar
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June 10, 2016, 02:58:07 PM |
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Its depend on your your own think. However these days bitcoin is going high and this is profitable for everyone. after halving price may be came down. So profit of investing in BTC depend on time duration.
But even if you invest bitcoins in sites you are not going to lessen them, right ? Then why even do not invest them ? I mean price will increase is better for you then. I do not understand this logic of saving them. we're talking with money or fiat rather than with bitcoin. if you choose bitcoin it means you invest? as you can see the price rose a couple of days and will likely rise after halving? and if you have a fiat money now probably a good opportunity for short-term investments and buying bitcoin and holding up halving come.
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n3o111
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June 10, 2016, 04:11:43 PM |
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you don't necessarily need to store them in your bank account, you can leave them in your house in a safe box underground, well hided, the same thing you will do with a paper wallet...
the problem with fiat is that you can't save them for long time without losing value, because of the fact that bank keeps printing those like mad childrens, you are obbligated to invest in something
bitcoin instead is already an investment, because it has a store of value property
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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June 10, 2016, 04:29:21 PM |
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you don't necessarily need to store them in your bank account, you can leave them in your house in a safe box underground, well hided, the same thing you will do with a paper wallet...
the problem with fiat is that you can't save them for long time without losing value, because of the fact that bank keeps printing those like mad childrens, you are obbligated to invest in something
bitcoin instead is already an investment, because it has a store of value property
the older generation like to store their money cash in their home, but the younger generation is all for the digital aspect of storing money. beside that, storing $1,000,000 cash money is completely different than storing a paper wallet with $1,000,000 worth of coins. it's much safer as you can hide a small piece of paper everywhere in your house where literally no one other than you can find it. a safe box is easy to spot. even if you hide it well enough. experienced criminals know exactly where to look.
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secone
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June 11, 2016, 07:41:44 AM |
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Its depend on your your own think. However these days bitcoin is going high and this is profitable for everyone. after halving price may be came down. So profit of investing in BTC depend on time duration.
But even if you invest bitcoins in sites you are not going to lessen them, right ? Then why even do not invest them ? I mean price will increase is better for you then. I do not understand this logic of saving them. it's comeback on your mindset, your plan, your goal. if you believe bitcoin for long term, if you want to invest for long time, i think you will says everyday is good time to buying bitcoin, because the price will be rise after or before halving.
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boyptc
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June 11, 2016, 08:17:07 AM |
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I think it is better to invest it online rather than to save it through banks and gold.Tho gold is more secured than bitcoins,it is not like bitcoin that bitcoins price growsvand grows each day not like gold.Bitcoin can make higher interest on your money just by storing it.But it is still depending on you but for me i preffer you to invest it
For me I will just invest after it satisfy me when the halving happens and also the price increase even higher, but I'm not expecting too much now with the price increase 'cos I might just hurt my own feelings. But still when I'm able to get some profit when holding, I'm going to put it for investment, for sure for trading a coin with potential.
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sobsitesearch
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June 11, 2016, 12:40:25 PM |
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We should save something for emergency purposes. But most of the money should go to investing. It is the best way to make your money grow more faster. If you just save, then the money will just go idle. Make the money you saved work for you, just remember to always keep something you can use when an investment failed or emergency arises. This is the best approach, I think.
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X-ray
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June 11, 2016, 12:43:56 PM |
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I think it is better to invest it online rather than to save it through banks and gold.Tho gold is more secured than bitcoins,it is not like bitcoin that bitcoins price growsvand grows each day not like gold.Bitcoin can make higher interest on your money just by storing it.But it is still depending on you but for me i preffer you to invest it
For me I will just invest after it satisfy me when the halving happens and also the price increase even higher, but I'm not expecting too much now with the price increase 'cos I might just hurt my own feelings. But still when I'm able to get some profit when holding, I'm going to put it for investment, for sure for trading a coin with potential. investing when halving happen is like you're waiting for miracle to be happen and get involved when it just passed,no big profit,and big chance to broke due to mass selling just like other people when waiting halving to be happening and sell their bitcoin when it just happen
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Maslate
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June 11, 2016, 01:23:07 PM |
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I think it is better to invest it online rather than to save it through banks and gold.Tho gold is more secured than bitcoins,it is not like bitcoin that bitcoins price growsvand grows each day not like gold.Bitcoin can make higher interest on your money just by storing it.But it is still depending on you but for me i preffer you to invest it
For me I will just invest after it satisfy me when the halving happens and also the price increase even higher, but I'm not expecting too much now with the price increase 'cos I might just hurt my own feelings. But still when I'm able to get some profit when holding, I'm going to put it for investment, for sure for trading a coin with potential. investing when halving happen is like you're waiting for miracle to be happen and get involved when it just passed,no big profit,and big chance to broke due to mass selling just like other people when waiting halving to be happening and sell their bitcoin when it just happen We have different speculation on the halving event, most people would say that there is a good thing with halving that is why they are buying bitcoins now to save for the upcoming halving, we will see, what matters most is what we are risking is our own bitcoins.
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