Is it better to save money or invest it?

[jakelyson]

It is better to save money than risking your btc into investing site which will turned into scam within the week it was opearate.
Ponzis do not last for a week.

If you know that it is already a ponzi, why would you still invest in it? You should be wiser and invest only on safe products. It is easy to spot ponzi so you can easily avoid it. There is no use investing on something you know will go bad in a few weeks. There a lot of good investments you can choose from, you just need to find it.

[1714110132]

1714110132

[tabas]

It is better to save money than risking your btc into investing site which will turned into scam within the week it was opearate.
Ponzis do not last for a week.

If you know that it is already a ponzi, why would you still invest in it? You should be wiser and invest only on safe products. It is easy to spot ponzi so you can easily avoid it. There is no use investing on something you know will go bad in a few weeks. There a lot of good investments you can choose from, you just need to find it.

Yeah and we all know the scheme of ponzi, it requires investment, so in the end you can identify it easily if it's a ponzi. And why would you just
waste your money and time in ponzi if you know that they are just scams.
It is much better if you just going to save your money and just wait for the price increase.

[Dakron]

I think its better to invest these days because of the halving that is near to come, it will be very good.
I really think this will be the year of the bitcoin because of the fact that its growing very fast in users and also the halving that makes it complete this year.

[n3o111]

The same is not true with land, you may not be able to sell it at all. Don't take it too personal, but from what I've read in your posts, I can only conclude that in most cases your knowledge about the matter is superficial at best, that of a layman. I, for one, am neither engaged in such investments (I mean land), nor have deep understanding of it, but I do know that land (or real estate, for that matter) is a hell as an investment option...

[Hashminers]

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone.
You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

[randy8777]

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone.
You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

this week there was a complete news item about people removing a large percentage of their savings to use that money for investment purposes. the low interest rates are a reason for that, but also the fact that some backs even consider to charge negative rates on savings accounts. that to me doesn't make any sense. how much more want banks to squeeze out people? it's just insane.

[SquallLeonhart]

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone.
You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

Saving money in bank is not profitable now as you said inflation rate will kill everything, so it would be a better choice to invest money to gain good returns in future.

[deisik]

The same is not true with land, you may not be able to sell it at all. Don't take it too personal, but from what I've read in your posts, I can only conclude that in most cases your knowledge about the matter is superficial at best, that of a layman. I, for one, am neither engaged in such investments (I mean land), nor have deep understanding of it, but I do know that land (or real estate, for that matter) is a hell as an investment option...

I never report on anyone who shamelessly copies someone else's posts but this seems to be a little too much and thick even for me...

<...> The same is not true with land, you may not be able to sell it at all. Don't take it too personal, but from what I've read in your posts, I can only conclude that in most cases your knowledge about the matter is superficial at best, that of a layman. I, for one, am neither engaged in such investments (I mean land), nor have deep understanding of it, but I do know that land (or real estate, for that matter) is a hell as an investment option...

Reported

[pearl11]

Investing at this  time  is very risky,  because some investment site turns into scam while we are waiting for the hlving.
What more if halving started?  Thats why saving is  the best option for now,..safe and nothing to worry.

[greBit]

I am investing my money in bitcoin since last year, and see now I am enjoying huge profits, investment is always better then saving, if you invest in right product at right time then you can expect good returns.

[rio3233]

I am investing my money in bitcoin since last year, and see now I am enjoying huge profits, investment is always better then saving, if you invest in right product at right time then you can expect good returns.

Wow, 1 year investment on bitcoin, you will earn a lot of bitcoins soon, because the price of bitcoin is really high and expensive now. I think it's better to invest it on bitcoin now.

[BombayChicken]

Saving right now is better because of the fact that the bitcoin is already high buying now is not the smartest thing for sure.

[harizen]

Investing at this  time  is very risky,  because some investment site turns into scam while we are waiting for the hlving.
What more if halving started?  Thats why saving is  the best option for now,..safe and nothing to worry.

Then why invest in those investment sites if there's an other way??

Also saving and investing both has risk associated with it.

Please keep in mind that your $1 today is not the same in value of $1 in the future.

[serjent05]

I think it is better to invest money than saving them. I don't know why people think of HYIP's and Ponzi company as the only  option for investment.  There are lots of investment to choose from.   and from the definition, investment : the action or process of investing money for profit or material result if you buy Bitcoin today and hold it for another week and there is raise in value and you sold it for profit, that is investment with profit.  If you can do it yourself why trust another person to hold your money and just return the fraction of it? And besides saving in bank have risk too.  There are cases where banks got bankrupt and shutdown with their client's money.

[SilverPunk]

I am investing my money in bitcoin since last year, and see now I am enjoying huge profits, investment is always better then saving, if you invest in right product at right time then you can expect good returns.

Wow, if i can go turn back time and to know bitcoins more early i can invest too my money .unlike now i already invest my money on some local investment in my country.

[Bitcoinbro]

All I would do is save it right now to wait on the right moment to invest and make a lot of profit on a future moment, right now buying is not good due to the price.

[nizamcc]

Had been purchasing bitcoins since few months with 5% of my salary each month, I believe it won't give me much, but something is better than nothing.

Currently, investment is better than saving in my opinion.

[worhiper_-_]

From my experience i have seen that , saving money is not such a good idea if you want something more than what you already have.
Short answer:Invest it in any way possible  you can.
Long answer: Its  a big dilemma for all of us. should we save and wait for an opportunity? or should  we invest and risk? my answer is that opportunity awaits to those who seek it. So yeah you should definitely go and invest it. maybe you lose  ,maybe you win.But thats life.
Good luck!

[saiha]

All I would do is save it right now to wait on the right moment to invest and make a lot of profit on a future moment, right now buying is not good due to the price.

Me either, this is what I'm saying that it is better to save first and just wait for the right time , moment for the update of the price of bitcoin.
And once the price is very satisfying then that's the right time to invest.

[jakelyson]

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone.
You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

this week there was a complete news item about people removing a large percentage of their savings to use that money for investment purposes. the low interest rates are a reason for that, but also the fact that some backs even consider to charge negative rates on savings accounts. that to me doesn't make any sense. how much more want banks to squeeze out people? it's just insane.

Any link on this news? So we can check the authenticity of this news. I do not think banks will make that move, charging negative interest. Who will put their money on a bank that will charge you negative interest? That is just insane. You don't money in the bank to lose it, you put it there for safe keeping.