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Author Topic: Is it better to save money or invest it?  (Read 1181168 times)
WEBcreator
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June 26, 2016, 05:22:38 AM
 #5241

Cannot afford to trust online investments nowadays, as its really difficult to find trustworthy sites, if I have to invest then I will invest in trading sites, as those are trusted sites for bitcoin trading.

You can literally 'invest' in a trading sites, there isnt one site that allow you to 'invest' on them and Trading is not an investment, trading is more or less the same with gambling however in trading there isnt anything like house edge which makes this as a game of chance rather than game of luck .

I agree, in trading you have an option to reduce the so called "risk" by doing your "homework".  Having strategic planning and research can lessen the risk of losing in trades in a certain degree. But if you really want to lessen the risk of getting scammed, why not put up a local store yourself and accept bitcoin with it Cheesy  That way, you are certain that you can see all things happening infront of your eyes.

Indeed however the risk stays the same no matter what. Some people just put their money on bitcoinand leave it as it is, open it up once the price got into X amount of USD then sell it for some profit while others make living through short term trading, it is considered as one of the best investment currently

I have always felt that holding too long can never be profitable, you need to play with your coins in short term as price fluctuations will allow you to make regular profits.

Some people just dont have the time to trade, some people prefer to save it up and sell it when the price has been quite high instead of taking fraction of pofit percentage each time, it is a waste of time for some people. The price has been around 70 + % increase since a months ago btw and that is a good profit if you are holding it up months ago

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Mr.grin
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June 26, 2016, 06:29:24 AM
 #5242

Some its wise to invest considering its halving year

In my eyes its not wise because the price is now already pretty high and due to that if you are investing now you can also easily lose profit without any doubts.
yeah probably quite risky if you buy bitcoin at such a high price today because I'm sure a lot of people are afraid because the price down is very likely to occur. I think if the price of bitcoin down like yesterday you have to dare to buy. because it is the time to buy
I believe that the price of bitcoin will rise again. if you're in doubt about it, a good option is to invest bitcoin do you have because then you could be making bitcoin you got more.
WEBcreator
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June 26, 2016, 09:34:09 AM
 #5243

I believe that the price of bitcoin will rise again.

There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about

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BossMacko
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June 26, 2016, 09:38:52 AM
 #5244

I believe that the price of bitcoin will rise again.

There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about

Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck
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June 26, 2016, 09:58:00 AM
 #5245

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I guess the good option is to invest your money at the right place from where you can get profit.. !!  IF you invest your money then your money will increasing and you have a good amount of money..
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June 26, 2016, 10:01:16 AM
 #5246

Some its wise to invest considering its halving year

In my eyes its not wise because the price is now already pretty high and due to that if you are investing now you can also easily lose profit without any doubts.


It is a part of business you can loose profit or gain profit and the price is pretty good now if we can invest in a good place then we get a good profit Isn't?
WEBcreator
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June 26, 2016, 10:38:09 AM
 #5247

I believe that the price of bitcoin will rise again.

There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about

Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck

Bitcoin could be considered as the best investment currently , what I actually mean as the best is that the return of investment is quite high compare to the other investment out there and you can literally 'save' your money in bitcoin however it is definitely not the 'safest' investment compare to gold

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June 26, 2016, 11:27:33 AM
 #5248

I believe that the price of bitcoin will rise again.

There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about

Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck

Bitcoin could be considered as the best investment currently , what I actually mean as the best is that the return of investment is quite high compare to the other investment out there and you can literally 'save' your money in bitcoin however it is definitely not the 'safest' investment compare to gold

Its not the safest but at this stage we can afford to take that extra risk to earn best profits at the halving and that profits we can invest in gold later on.

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June 26, 2016, 12:31:20 PM
 #5249

For me i think Investing now is better because the bitcoin is gonna rise to a higher amount and due to this fact investing is better.
If you invest now it will cost you some bucks but you will get nice profits for it.
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June 26, 2016, 12:51:32 PM
 #5250

Some its wise to invest considering its halving year

In my eyes its not wise because the price is now already pretty high and due to that if you are investing now you can also easily lose profit without any doubts.
yeah probably quite risky if you buy bitcoin at such a high price today because I'm sure a lot of people are afraid because the price down is very likely to occur. I think if the price of bitcoin down like yesterday you have to dare to buy. because it is the time to buy
I believe that the price of bitcoin will rise again. if you're in doubt about it, a good option is to invest bitcoin do you have because then you could be making bitcoin you got more.

Yes, that's why I'd save it as well and not keep it around, buy as much as i can till the price is low.

investing is the best for the future, and if you invest in bitcoin it can add more value to your money (if of course the value climbs up)

 
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Altynbekova
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June 26, 2016, 01:22:50 PM
 #5251

Investing is now good but saving also, I would combine this and save/invest into the bitcoin to gain more profit later and also save for any accidentals that can occur.
I really think this would be a good plan to be honest.
goldcoinminer
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June 26, 2016, 01:26:08 PM
 #5252

Investing is now good but saving also, I would combine this and save/invest into the bitcoin to gain more profit later and also save for any accidentals that can occur.
I really think this would be a good plan to be honest.
In reality people are only focusing in savings, actually savings is good and we need to divide our savings in different purpose and always consider that we need to set aside a fund for investing from our savings because that is the only way we can grow our funds in the future.
WEBcreator
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June 26, 2016, 02:58:56 PM
 #5253

I believe that the price of bitcoin will rise again.

There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about

Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck

Bitcoin could be considered as the best investment currently , what I actually mean as the best is that the return of investment is quite high compare to the other investment out there and you can literally 'save' your money in bitcoin however it is definitely not the 'safest' investment compare to gold

Its not the safest but at this stage we can afford to take that extra risk to earn best profits at the halving and that profits we can invest in gold later on.

As an investor, risk not what in their dictionary. There is no point in taking huge risk if there is much safer investment out there which makes alot of people choose gold over bitcoin in term of investment however if someone is looking to secure their money then bitcoin is definitely the option to do so

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escrowboy
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June 26, 2016, 03:08:59 PM
 #5254

Investing is now good but saving also, I would combine this and save/invest into the bitcoin to gain more profit later and also save for any accidentals that can occur.
I really think this would be a good plan to be honest.
In reality people are only focusing in savings, actually savings is good and we need to divide our savings in different purpose and always consider that we need to set aside a fund for investing from our savings because that is the only way we can grow our funds in the future.
I think taking risk in building a business is a good way to grow your save coins too. I just dont know what kind of business will progress and best suits our developing technology in the future.
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June 26, 2016, 05:59:43 PM
 #5255

Investing is now good but saving also, I would combine this and save/invest into the bitcoin to gain more profit later and also save for any accidentals that can occur.
I really think this would be a good plan to be honest.
In reality people are only focusing in savings, actually savings is good and we need to divide our savings in different purpose and always consider that we need to set aside a fund for investing from our savings because that is the only way we can grow our funds in the future.
I think taking risk in building a business is a good way to grow your save coins too. I just dont know what kind of business will progress and best suits our developing technology in the future.

Investing money in business can be helpful as you will work really hard to earn more money as you know whatever efforts you make it will directly contribute to your profits.
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June 26, 2016, 06:52:07 PM
 #5256

Investing is now good but saving also, I would combine this and save/invest into the bitcoin to gain more profit later and also save for any accidentals that can occur.
I really think this would be a good plan to be honest.
In reality people are only focusing in savings, actually savings is good and we need to divide our savings in different purpose and always consider that we need to set aside a fund for investing from our savings because that is the only way we can grow our funds in the future.
I think taking risk in building a business is a good way to grow your save coins too. I just dont know what kind of business will progress and best suits our developing technology in the future.
it depends on what business you build i think, in my opinion it is better to just save money and that would be it

 
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June 26, 2016, 07:03:36 PM
 #5257

For me personally bitcoin is actually the best investment at the moment, even with small amounts I can earn a reasonable profit in the future for sure. But there's also some downsides - you got to wait.

Saving it can be very unpredictable, it's not very profitable if you lose everything in an instant after a few years if the bitcoin value basically disappears, which is unfortunate to say the least.
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June 26, 2016, 07:44:35 PM
 #5258

For me personally bitcoin is actually the best investment at the moment, even with small amounts I can earn a reasonable profit in the future for sure. But there's also some downsides - you got to wait.

Saving it can be very unpredictable, it's not very profitable if you lose everything in an instant after a few years if the bitcoin value basically disappears, which is unfortunate to say the least.
i must agree with you, bitcoin as an investment is a perfect option to choose because it will grow, its definitely better to invest money into it and not hold your fiat

 
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torrentheaven
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June 26, 2016, 07:56:24 PM
 #5259

For me personally bitcoin is actually the best investment at the moment, even with small amounts I can earn a reasonable profit in the future for sure. But there's also some downsides - you got to wait.

Saving it can be very unpredictable, it's not very profitable if you lose everything in an instant after a few years if the bitcoin value basically disappears, which is unfortunate to say the least.

If you want to have better and comfortable life in the future then only investment can take care of it, if you invest at early stage then you can expect good retirement life.
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June 26, 2016, 08:06:27 PM
 #5260

For me personally bitcoin is actually the best investment at the moment, even with small amounts I can earn a reasonable profit in the future for sure. But there's also some downsides - you got to wait.

Saving it can be very unpredictable, it's not very profitable if you lose everything in an instant after a few years if the bitcoin value basically disappears, which is unfortunate to say the least.

If you want to have better and comfortable life in the future then only investment can take care of it, if you invest at early stage then you can expect good retirement life.

Yes, you are right. Investments are a good idea, and the best investment of all time is bitcoin only, so people should just buy and save bitcoins instead of saving money.

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