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Author Topic: Is it better to save money or invest it?  (Read 1181171 times)
goldcoinminer
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August 28, 2016, 11:27:51 AM
 #6381

I think this is a good time to invest in bitcoin, if you intend to make your future more safe and better.
The price dropped lately and I believe investing at right time is very important.
That's right, we should not be afraid to invest as the future of bitcoin is very bright, people might not see a good improvement of bitcoin because of the recent price fall back but as a believer we see it differently, there is a reason why the price has fall down a bit and that is for us to buy and accumulate more for our future.
It is good to invest in bitcoin but if you are just holding that amount as bitcoin in your wallet you can not make a good amount or profit it takes a long time for holding that you can make a good profit.. this is just a lazy way to earn.. profit. for me it is better to use it in trading or for your own business blogging or site with advertise the same as mine..
Yeah , you don't know when the price is rises up in the future . There is lazy way to grow your bitcoin , as you said better to go with trading for better profit and more guaranteed than holding your coins forever.

Well that is going to be a good move if you are saving and hoping to get profit by doing it with bitcoin. But the reality today is that you have said it right. There is a slow movement of bitcoins price and you are not going to get good profit out of it. So, while you are waiting for the price increase of bitcoin it is better if you are going to do trading too.
That varied on the amount if you have a big amount of investment in bitcoin like let us say for example you have 200 BTC with the current price and for me that is a big amount already and worth waiting for the price increase before you sell it for a profit. Even a little increase you would already make a great profit.
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August 28, 2016, 11:34:13 AM
 #6382

I think this is a good time to invest in bitcoin, if you intend to make your future more safe and better.
The price dropped lately and I believe investing at right time is very important.
That's right, we should not be afraid to invest as the future of bitcoin is very bright, people might not see a good improvement of bitcoin because of the recent price fall back but as a believer we see it differently, there is a reason why the price has fall down a bit and that is for us to buy and accumulate more for our future.
It is good to invest in bitcoin but if you are just holding that amount as bitcoin in your wallet you can not make a good amount or profit it takes a long time for holding that you can make a good profit.. this is just a lazy way to earn.. profit. for me it is better to use it in trading or for your own business blogging or site with advertise the same as mine..
Yeah , you don't know when the price is rises up in the future . There is lazy way to grow your bitcoin , as you said better to go with trading for better profit and more guaranteed than holding your coins forever.

Well that is going to be a good move if you are saving and hoping to get profit by doing it with bitcoin. But the reality today is that you have said it right. There is a slow movement of bitcoins price and you are not going to get good profit out of it. So, while you are waiting for the price increase of bitcoin it is better if you are going to do trading too.
That varied on the amount if you have a big amount of investment in bitcoin like let us say for example you have 200 BTC with the current price and for me that is a big amount already and worth waiting for the price increase before you sell it for a profit. Even a little increase you would already make a great profit.
has many bitcoin better wait for prices to rise higher, rather than take a risk and it can be lost. 200 BTC highly enough for the future when you retire. but good if you want to grow with several bitcoin on trade and limiting capital not to use too much.

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harmonylife
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August 28, 2016, 11:35:08 AM
 #6383

Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
23dzmaz
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August 28, 2016, 11:37:52 AM
 #6384

If you can do both, just do both then. Both save money and invest are good imo, you have an investment and also save some of your money for emergency. But if you only can pick one, i prefer save money.
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August 28, 2016, 12:03:09 PM
 #6385

I think this is a good time to invest in bitcoin, if you intend to make your future more safe and better.
The price dropped lately and I believe investing at right time is very important.
That's right, we should not be afraid to invest as the future of bitcoin is very bright, people might not see a good improvement of bitcoin because of the recent price fall back but as a believer we see it differently, there is a reason why the price has fall down a bit and that is for us to buy and accumulate more for our future.
Don't think so blindly about bitcoin that way.
you should first find out the reason behind the price fall and then think about investing more of your money in bitcoins, or you will regret your decision later.
But I also think bitcoin is a safe heaven for investment  Wink Wink
diegz
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August 28, 2016, 12:04:59 PM
 #6386

If you can do both, just do both then. Both save money and invest are good imo, you have an investment and also save some of your money for emergency. But if you only can pick one, i prefer save money.

That's the easier in the two options... That won't give you any headache specially if you know how to keep your money well.. Investing nowadays has a risk and the tendency to earn is getting smaller as investment programs are now getting marked as scams or ponzis.. But if you are going to invest it on a secured investment program with license and secured by an insurance, then I think the chance that it would run your money away is too small...

daringdiscovered
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August 28, 2016, 12:10:47 PM
 #6387

If you can do both, just do both then. Both save money and invest are good imo, you have an investment and also save some of your money for emergency. But if you only can pick one, i prefer save money.

For me if i earn that much from my salary then i would start saving for the future. But if the money that i earn monthly is not enough to provide my needs and also my family i would find other ways to increase what i earn. In my opinion saving is not that helpful in the long term. With just a single emergency can wipe all your savings so i prefer investing rather than saving. Maybe i'll just save 1$ per day and invest the rest of it.
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August 28, 2016, 12:27:18 PM
 #6388

Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
I think being rich is not only the investment but there are many methods other than investment? you can still work hard without the need for capital. so I think if you're afraid to risk. you can avoid investing
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August 28, 2016, 12:33:41 PM
 #6389

Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
I think being rich is not only the investment but there are many methods other than investment? you can still work hard without the need for capital. so I think if you're afraid to risk. you can avoid investing
That could be possible but you need to exert much effort on working to be rich, it is actually hard to be rich when you are just a mere worker because you will only receive a certain amount from your employers regardless of how good performer you are.

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August 28, 2016, 02:01:07 PM
 #6390

That varied on the amount if you have a big amount of investment in bitcoin like let us say for example you have 200 BTC with the current price and for me that is a big amount already and worth waiting for the price increase before you sell it for a profit. Even a little increase you would already make a great profit.
If you already have the good start like you said , you can only holding your coins . If the price rises $1/BTC , that's affect a lot with your balances. Most likely you get $200 for your 200 btc . But , if you only have little bitcoin better to go with trading .

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August 28, 2016, 02:08:35 PM
 #6391

Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
I think being rich is not only the investment but there are many methods other than investment? you can still work hard without the need for capital. so I think if you're afraid to risk. you can avoid investing
yes it is true. a lot of ways to get money. one of which is to sell goods. work hard to be the most important point. we are faced with the choice of how best to make money.
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August 28, 2016, 02:22:45 PM
 #6392

Saving and investing has its own benefits. So, I would recommend you do both. Invest some amount that you'are fine taking risk and save an amount that you're not okay taking risks with. How much amount you like to invest or save differs from each individuals based on their personality and risk tolerance.

I know some people who love to save their money and not invest in stocks or bitcoin or anything that is risky. They are aware of inflation eating into their savings, but they prefer that more than taking risk. And yes, there are people who love to take risks and they win as well as loose some of their investment.

Basically, it depends on your perspectives. I would recommend you do both.

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August 28, 2016, 03:29:42 PM
 #6393

in my opinion it is more better to invest money in real state or gold like things because yearly there rates increases day per day . since if we put our money in bank we will get only useles profit .

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bapparabi
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August 28, 2016, 03:39:31 PM
 #6394

Doing both the things in the same time I would prefer because no body can invest without saving anything and to grow your savings,investement is required,so a wise person will do both of things together.
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August 28, 2016, 04:34:38 PM
 #6395

Saving money is a good way to store your money, but investing is a bit risky, but high risky, high reward, you know, there is no big money until you invest. And there are many scams.
bitcoin industry is full of scammers there is no doubt. but it is not hard to determine scammers. you just need to be careful and do not invest your money somewhere if you looks anything shady here.. mostly investors ask for your money and promise to you that they will give you double in a time(bitcoin doublers) so stay away from them.. some altcoin projects are also ponzi scammers. don't invest without reading the road map.
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August 28, 2016, 04:44:01 PM
 #6396

Doing both the things in the same time I would prefer because no body can invest without saving anything and to grow your savings,investement is required,so a wise person will do both of things together.
I think so too. But despite the fact that I had expressed this opinion, my interlocutors felt that I was talking nonsense, and both actions can not be done.
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August 28, 2016, 04:45:37 PM
 #6397

Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley

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August 28, 2016, 04:52:46 PM
 #6398

Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley

Yeah saving money in bitcoin is the smart thing to do, as if price goes higher in future your savings will also grow with that and you can get higher returns when you sell them.
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August 28, 2016, 05:03:10 PM
 #6399

Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley
Yeah it is good to save it as in bitcoin even the price of bitcoin is increasing slowly you have still have making a profit. for small amount if you are just saving a small amount in your wallet but if you are holding a lots of bitcoin you can get also a good amount of profit..

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August 28, 2016, 05:20:36 PM
 #6400

Saving without investing is losing money due to inflation.

Unless your savings are in Bitcoin Smiley
Yeah it is good to save it as in bitcoin even the price of bitcoin is increasing slowly you have still have making a profit. for small amount if you are just saving a small amount in your wallet but if you are holding a lots of bitcoin you can get also a good amount of profit..

If you are holding 1 btc in your wallet then even in future it will be 1 btc, not anything more then that, but yes if price goes higher then you can make extra money from it.
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