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Author Topic: Is it better to save money or invest it?  (Read 1181226 times)
MadAlpha
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June 20, 2016, 05:23:34 PM
 #5101

You have to save money before you can invest it. And before you can save money, you need to have income. There's a certain order to things.

1. Get money
2. Save money
3. Invest money

People worry about investing when they don't have any money to invest. People worry about saving when they have no income to save from. First you have to focus on #1, the part of generating income. That's where most people go wrong, they start thinking about saving and investing, but they have no income. I didn't figure this out for a long time time either! Now most of my time and effort is spent on #1: how can I earn more money.

Will do small programming tasks cheaply in exchange for BTC. Check out my thread or PM me!
umaOuma
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June 20, 2016, 05:25:43 PM
 #5102

I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.

Yeah if you want to invest for a long term then bitcoin is the best choice as everyone is predicting that price will reach to $10k in future or even more, that will definitely make us rich in future.

Agreed, bitcoin seems to be the best at a moment price is rising and it will be much higher after 5 years, so I will prefer to invest in bitcoin and get best benefits in future.
Crazygreek
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June 20, 2016, 06:27:20 PM
 #5103

I think that everybody understand now how halving is powerfull, investing in bitcoin is very good idea but next halving will happen only in 4 years so better to save money now.

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June 20, 2016, 09:14:52 PM
 #5104

i think you should invest your money to make a profit is better than saving money in a bank !
the circulation of money is better than recession of money because it;s still the same amount ,but when you circulate money you can make a good profit .
amin09
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June 20, 2016, 09:16:06 PM
 #5105

Is it better to save money in bank or invest it online, in real estate or maybe gold?
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June 20, 2016, 09:38:07 PM
 #5106

both are good but if you invest you will earn more money with that. so try to invest them .
ajun96
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June 20, 2016, 09:43:56 PM
 #5107

I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.
I think if you want to invest in bitcoin. you should look at the right time to invest. not at any time bitcoin prices will remain high. so you have to choose the time teoat to buy and sell. because it will give the effect on profit or your losses. so understand it dude
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June 20, 2016, 09:51:57 PM
 #5108

both are good but if you invest you will earn more money with that. so try to invest them .

Yeah you are right saving and investing your money is like a twin born babies. They need to work together and you need to have them both.
Because if you only have investment and you don't have savings, your not ready yet for the other things to come. Vice versa.
But if you have them both, that is way better.

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blackmachinegun
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June 20, 2016, 11:20:27 PM
 #5109

both are good but if you invest you will earn more money with that. so try to invest them .
I think if you want to earn more money and huge profits in the short term. you must choose bitcoin.
I'm not convinced gold could do this. but bitcoin can do this. imagine bitcoin prices rose more than $ 300 in just 1 month its awesome right ?
boyptc
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June 20, 2016, 11:54:41 PM
 #5110

both are good but if you invest you will earn more money with that. so try to invest them .
I think if you want to earn more money and huge profits in the short term. you must choose bitcoin.
I'm not convinced gold could do this. but bitcoin can do this. imagine bitcoin prices rose more than $ 300 in just 1 month its awesome right ?

Yeah the price increase of almost $300 within less than a month it very awesome. But still we don't know what will happen.
There are wise people who are choosing investment, because if they are going to invest their money today, once the halving comes and price increase happens still they are in the action but with saving you are just totally doing nothing but in the end you will get profit once the price increases.

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June 21, 2016, 02:03:12 AM
 #5111

both are good but if you invest you will earn more money with that. so try to invest them .
I think if you want to earn more money and huge profits in the short term. you must choose bitcoin.
I'm not convinced gold could do this. but bitcoin can do this. imagine bitcoin prices rose more than $ 300 in just 1 month its awesome right ?

Yeah the price increase of almost $300 within less than a month it very awesome. But still we don't know what will happen.
There are wise people who are choosing investment, because if they are going to invest their money today, once the halving comes and price increase happens still they are in the action but with saving you are just totally doing nothing but in the end you will get profit once the price increases.
The price goes down a bit as of today but it is expected to rise again the next few days. This is the game in crypto world and investors with weak hands are free to dump their coins but I would tell you the real success is when you are holding it in the longer period of time.

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Schuyler
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June 21, 2016, 02:29:50 AM
 #5112

both are good but if you invest you will earn more money with that. so try to invest them .
I think if you want to earn more money and huge profits in the short term. you must choose bitcoin.
I'm not convinced gold could do this. but bitcoin can do this. imagine bitcoin prices rose more than $ 300 in just 1 month its awesome right ?

Yeah the price increase of almost $300 within less than a month it very awesome. But still we don't know what will happen.
There are wise people who are choosing investment, because if they are going to invest their money today, once the halving comes and price increase happens still they are in the action but with saving you are just totally doing nothing but in the end you will get profit once the price increases.
The price goes down a bit as of today but it is expected to rise again the next few days. This is the game in crypto world and investors with weak hands are free to dump their coins but I would tell you the real success is when you are holding it in the longer period of time.
Totally agree with what you are saying. The price action would sometimes shake out the weak hands to see who are those who really believe that it would still go up. Maybe not now, but in the future. Holding for long term is always better than feeling panicky when the price goes down. The price movement also needs to retreat once in a while and corrections are healthy enough to balance between actual demand and supply from the market.
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June 21, 2016, 02:32:53 AM
 #5113

both are good but if you invest you will earn more money with that. so try to invest them .
I think if you want to earn more money and huge profits in the short term. you must choose bitcoin.
I'm not convinced gold could do this. but bitcoin can do this. imagine bitcoin prices rose more than $ 300 in just 1 month its awesome right ?

Yeah the price increase of almost $300 within less than a month it very awesome. But still we don't know what will happen.
There are wise people who are choosing investment, because if they are going to invest their money today, once the halving comes and price increase happens still they are in the action but with saving you are just totally doing nothing but in the end you will get profit once the price increases.
The price goes down a bit as of today but it is expected to rise again the next few days. This is the game in crypto world and investors with weak hands are free to dump their coins but I would tell you the real success is when you are holding it in the longer period of time.

What goes up in a quick fashion can also come down in a quick fashion. Holding is always a good thing to do but some people see it as boring as it doesn't make their coins increase. That's why they more focus on doing trading on days with enough volatility. Right now is the perfect example. Not even 24 hours ago the price was around 10% higher than now. If you sold at that point and bought back just now. Then you would have seen your coins increase with 10%. That's how you should do it.
boyptc
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June 21, 2016, 02:36:14 AM
 #5114

both are good but if you invest you will earn more money with that. so try to invest them .
I think if you want to earn more money and huge profits in the short term. you must choose bitcoin.
I'm not convinced gold could do this. but bitcoin can do this. imagine bitcoin prices rose more than $ 300 in just 1 month its awesome right ?

Yeah the price increase of almost $300 within less than a month it very awesome. But still we don't know what will happen.
There are wise people who are choosing investment, because if they are going to invest their money today, once the halving comes and price increase happens still they are in the action but with saving you are just totally doing nothing but in the end you will get profit once the price increases.
The price goes down a bit as of today but it is expected to rise again the next few days. This is the game in crypto world and investors with weak hands are free to dump their coins but I would tell you the real success is when you are holding it in the longer period of time.

Well it is going to be the right time to invest now. If you have savings when it comes to bitcoin. Then it is the right time to invest now with bitcoin.
But if you believe that still the price will going high after the halving then you an just continue saving it.

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June 21, 2016, 02:55:22 AM
 #5115

I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.

agree it bitcoin is more popular at this time, bitcoin growing so much, i think invest at bitcoin is best way to growing our money.

but i recomended to still save some amount in fiat currency
sobsitesearch
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June 21, 2016, 03:54:25 AM
 #5116

Investment is the part of savings
Saving money in terms of bitcoin is now better than save it your money in bank because bitcoin now has a good value it is continuous give to us income.
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June 21, 2016, 08:25:26 AM
 #5117

Investment is the part of savings
Saving money in terms of bitcoin is now better than save it your money in bank because bitcoin now has a good value it is continuous give to us income.
Definitely, banks only offers little interest while with bitcoins you will earn more than compounded interest depending the movement of the market. With bitcoins, you can also support it by spreading the good news so that we can achieve massive adoption that would affect our investment positively.

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June 21, 2016, 08:34:25 AM
 #5118

By investing your money then you are able to make your money back but the risk is that you are not sure that you will make your money back. By saving it you are sure that that money is going no where but you cannot make money with it. So you can choose the save route or take a risk  by investing.
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June 21, 2016, 09:48:46 AM
 #5119

I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.

agree it bitcoin is more popular at this time, bitcoin growing so much, i think invest at bitcoin is best way to growing our money.

but i recomended to still save some amount in fiat currency
its good to save money because you are pretty sure that your money is secured and can use for future needs but investing now especially in bitcoin is a way wise too because the price of bitcoin became higher.

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June 21, 2016, 09:52:34 AM
 #5120

I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.

agree it bitcoin is more popular at this time, bitcoin growing so much, i think invest at bitcoin is best way to growing our money.

but i recomended to still save some amount in fiat currency
its good to save money because you are pretty sure that your money is secured and can use for future needs but investing now especially in bitcoin is a way wise too because the price of bitcoin became higher.

Bitcoin takes care of both saving and investing, so its really good choice to put some money in bitcoin and hold it for a long term to earn best returns on investments.
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