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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
chaser15
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July 14, 2016, 08:14:09 AM
 #5581

I think its better to save it as Bitcoin. Because Bitcoin price changes everytime. So if you save it at least 10 BTC today with the price of 600$, if you long trade it and you expect to sell it at 800$ then thats a good deal. But sometimes if you feel unlucky, price will be as much as 400$. So always look for the price charts online so that you will know when will you sell it. And be sure that avoid scammers online.

Then why just both fiat and bitcoin? Fiat has own role and it's the most easiest way to deal whenever there's an emergency. Saving bitcoin for holding purposes is much better if it doesn't use since we are takind advantage of the price. Fiat savings is a must so that our bitcoin savings are just intact and never be spended.

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July 14, 2016, 10:55:17 AM
 #5582

I think it's better to invest your idle money into something that can make you an income. Save money also good but it's more better to invest it, but don't invest on a high risk.
both investment and saving are needed in your financial management.
but if we talking about which one is better, imo investment are better in my point of view.
investment have a risk of course but it is doesn't mean a saving have  not a risk .
If we just consider the money as being bitcoin, the savings had won this time atleast i believe they had no risk and the reward were 50% this year, and 100% from the last year. Investing atleast for me hasnt returned almost nothing against the savings i could had earned.
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July 14, 2016, 11:15:19 AM
 #5583

I think it's better to invest your idle money into something that can make you an income. Save money also good but it's more better to invest it, but don't invest on a high risk.
both investment and saving are needed in your financial management.
but if we talking about which one is better, imo investment are better in my point of view.
investment have a risk of course but it is doesn't mean a saving have  not a risk .
If we just consider the money as being bitcoin, the savings had won this time atleast i believe they had no risk and the reward were 50% this year, and 100% from the last year. Investing atleast for me hasnt returned almost nothing against the savings i could had earned.

Yeah, and besides bitcoin is already a currency. Though it was digital. But we can use it to buy some stuffs like gadgets, clothes etc.. I think it is best to invest BTC because the price of it is increasing and you will gain profit from it. Not when you are just keeping it. your money will just remain as is. and no going to increase. Just be patient when you are going to trade. Because there is a chance that you'll loose some of your bitcoins .
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July 14, 2016, 11:30:18 AM
 #5584

I think it's better to invest your idle money into something that can make you an income. Save money also good but it's more better to invest it, but don't invest on a high risk.
both investment and saving are needed in your financial management.
but if we talking about which one is better, imo investment are better in my point of view.
investment have a risk of course but it is doesn't mean a saving have  not a risk .
If we just consider the money as being bitcoin, the savings had won this time atleast i believe they had no risk and the reward were 50% this year, and 100% from the last year. Investing atleast for me hasnt returned almost nothing against the savings i could had earned.

Yeah, and besides bitcoin is already a currency. Though it was digital. But we can use it to buy some stuffs like gadgets, clothes etc.. I think it is best to invest BTC because the price of it is increasing and you will gain profit from it. Not when you are just keeping it. your money will just remain as is. and no going to increase. Just be patient when you are going to trade. Because there is a chance that you'll loose some of your bitcoins .

You should invest in trading only if hold proper knowledge of it, and if not then simply buy bitcoin and save it for future and you will earning best returns in future without doing anything.
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July 14, 2016, 01:45:04 PM
 #5585

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.

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July 14, 2016, 01:50:45 PM
 #5586

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.

If you want to earn higher profits in future then you need to have courage of taking risk, higher rewards comes with higher risks, and if your investment clicks in right way then it will give best returns.
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July 14, 2016, 02:13:36 PM
 #5587

Investing in trusted avenues, is another form of savings only. Do we keep money to our bank account for ever? or do we prefer to invest it in a deposit or something similar to it??

Obviously, we prefer to invest our money so that we can get some interest payment. This way we increase our savings. So I always prefer to invest my money in to trusted avenues instead of keeping it idle in my bank account.

Investment is risky but if want to secure our future then we need to take that extra risk of investing money, and if our investment works then we can earn some good profits in future.
Well, that's the fun of investment. There isn't always a sure way of earning money while only sitting done and nearly doing nothing, without a risk.
Usually, however, investments yield profit. Especially the long-term ones.

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July 14, 2016, 02:45:27 PM
 #5588

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.

the main reason of why more people nowadays are investing is because of the fact that interest rates on savings accounts are not worth to keep the majority of your money stuck there. if you are not willing to take a risk by investing your money, then you are wasting precious time. especially because of the fact that interest rates are lower than the amount of tax you have to pay over your wealth.
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July 14, 2016, 02:59:48 PM
 #5589

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.
yeah there will always be a risk, any decision which would you choose as possible if you choose to save it in fact also have risks. it depends on you. if you choose a large risk it would be more beneficial imo
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July 14, 2016, 03:02:23 PM
 #5590


If you want to earn higher profits in future then you need to have courage of taking risk, higher rewards comes with higher risks, and if your investment clicks in right way then it will give best returns.

Saving in a bank is for smaller, short term goals, when you need cash to be readily available, while investing is for larger, long term goals, and you cannot easily get your hands on it.  Saving in a bank has minimal risks, while investing, you may lose some or all of your money.  If you value the safety of your money, then it is better to save it in a bank.
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July 14, 2016, 03:23:10 PM
 #5591


If you want to earn higher profits in future then you need to have courage of taking risk, higher rewards comes with higher risks, and if your investment clicks in right way then it will give best returns.

Saving in a bank is for smaller, short term goals, when you need cash to be readily available, while investing is for larger, long term goals, and you cannot easily get your hands on it.  Saving in a bank has minimal risks, while investing, you may lose some or all of your money.  If you value the safety of your money, then it is better to save it in a bank.

Yes if you are a safe player then bank is the best place for you to save your money, as even if something goes wrong with your money, banks will help you in recovering that money.
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July 14, 2016, 03:38:21 PM
 #5592

I guess better to save money without any risks to lose all Smiley
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July 14, 2016, 04:06:54 PM
 #5593

I guess better to save money without any risks to lose all Smiley

Saving is safe and investment is risky but to have a good balance in life in future, I think combination of both is necessary, save more and invest less so even if investment doesn't work, saving can take care of you.


 
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July 14, 2016, 10:27:23 PM
 #5594

easy question ,
better saved to your reall money ,
invest ? its nice but becarefull with hypi , ponzi that suck  Lips sealed
Investment accompanies with risks and the more you risk the more you may lose or get profit.

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July 14, 2016, 10:29:08 PM
 #5595

bitcoin is safe place to save our money, look at the bitcoin price now, if we save $30 or 0.1BTC(in price $300) now we can double our money Smiley
i hope i can reach my target at this year , my target is saving 10btc
It is not a safe investment but it is a good investment since safe suggests with low risk but you have many risks in bitcoin.

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umaOuma
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July 14, 2016, 10:32:43 PM
 #5596

bitcoin is safe place to save our money, look at the bitcoin price now, if we save $30 or 0.1BTC(in price $300) now we can double our money Smiley
i hope i can reach my target at this year , my target is saving 10btc
It is not a safe investment but it is a good investment since safe suggests with low risk but you have many risks in bitcoin.

Yes as everyone knows that bitcoin is unpredictable and anything can happen, but looking at the growth of bitcoin I think we can afford to take risk of investing in it.
GamingBro
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July 14, 2016, 10:41:05 PM
 #5597

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.

You are right, bitcoin is risk even when you just storing your money cause price can drop at any minute and you will lost your money, hope it will not happen to us.

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July 14, 2016, 11:05:12 PM
 #5598

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.

You are right, bitcoin is risk even when you just storing your money cause price can drop at any minute and you will lost your money, hope it will not happen to us.

Anything can happen with the price of bitcoin, it may fall to extreme level in few hours but if you want to earn profits from it than that risk must be taken.
target
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July 15, 2016, 01:12:57 AM
 #5599

Don't let you BTC sit without doing nothing. don't rely taht it will grow exponentially unless you have about more than 10 btc sleeping on your wallet.
Go invest if to a gambling site and be a house partner or invest on some coins that has potential like steem or eth.

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July 15, 2016, 02:48:50 AM
 #5600

save your money because invest is to risk
There is always risk when you invest your money you cant take that away, but there is also possibility that your money will grow if you invest it. i guess if you dont try someting you wont gain anything.

You are right, bitcoin is risk even when you just storing your money cause price can drop at any minute and you will lost your money, hope it will not happen to us.
There is risk even with our fiat, so what I do is diversify. I also try to monitor the progress of my investment regularly to see if I am on the losing or earning side. With bitcoin, I just try to buy and earn what I can and hope that the price rises slowly and steadily over the years.
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