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Author Topic: Is it better to save money or invest it?  (Read 1181230 times)
LegendaryMiner
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August 29, 2016, 10:09:16 PM
 #6441

Last days I was thinking of the same question, and I think that investing will be more profitable than only putting it in the bank.

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August 29, 2016, 11:10:42 PM
 #6442

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

that's a good idea, maybe we can invest only 30% of our asset/money, save 40% for future and 30% for daily usage.
i have plan each month to listing my budget for saving and invest
yeah I think you have to have a solid plan to manage your finances. you have to be clever in the division between save, divide your money into several parts with the right, you have to calculate the fine. I'm sure if you allocate the money properly you could benefit greatly
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August 30, 2016, 01:20:36 AM
 #6443

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

that's a good idea, maybe we can invest only 30% of our asset/money, save 40% for future and 30% for daily usage.
i have plan each month to listing my budget for saving and invest
yeah I think you have to have a solid plan to manage your finances. you have to be clever in the division between save, divide your money into several parts with the right, you have to calculate the fine. I'm sure if you allocate the money properly you could benefit greatly

Your plan is well done, and for sure people should save and has money to emergencies, thats why i saved before a bit all months from my real salary, with bitcoin i made the investments.
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August 30, 2016, 02:54:27 AM
 #6444

Last days I was thinking of the same question, and I think that investing will be more profitable than only putting it in the bank.

We all know that if you are going to invest you have the chance to get profit. But if we are going to relate it with bitcoin both of it are useful. If you are going to save or hold your bitcoin, you have the chance to get some profit too. As the price of bitcoin is going to increase then your profit is going to increase too, but it is risky.
Of course, and you also have a chance to lose your money, that is both possible in investing because it is like a gambling when we have no control of what will happen. If we invest, we need to bear in mind that we only put the amount we can afford to lose so we can still continue our life if the outcome does not favor us.
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August 30, 2016, 02:57:44 AM
 #6445

Last days I was thinking of the same question, and I think that investing will be more profitable than only putting it in the bank.

We all know that if you are going to invest you have the chance to get profit. But if we are going to relate it with bitcoin both of it are useful. If you are going to save or hold your bitcoin, you have the chance to get some profit too. As the price of bitcoin is going to increase then your profit is going to increase too, but it is risky.
Of course, and you also have a chance to lose your money, that is both possible in investing because it is like a gambling when we have no control of what will happen. If we invest, we need to bear in mind that we only put the amount we can afford to lose so we can still continue our life if the outcome does not favor us.

For me it is better if you are going to save money and if you are going to get used to it then you are the one that is going to benefit it. Because if you are a good saver and you are valuing money. And if you are going to start up an investment then you are going to give importance to it too as you know how you are giving importance to it.

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August 30, 2016, 03:01:51 AM
 #6446

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

that's a good idea, maybe we can invest only 30% of our asset/money, save 40% for future and 30% for daily usage.
i have plan each month to listing my budget for saving and invest
only use 30% of income you get in a month for daily used will not be enough at least you will use 60% and you must choice 40% is for saving or investment

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August 30, 2016, 04:25:51 AM
 #6447

You should only invest money that you are comfortable with investing because you have a high chance of losing your money(especially bitcoins).

that's a good idea, maybe we can invest only 30% of our asset/money, save 40% for future and 30% for daily usage.
i have plan each month to listing my budget for saving and invest
only use 30% of income you get in a month for daily used will not be enough at least you will use 60% and you must choice 40% is for saving or investment
The more we put on our investment the more our money will gain more income, percentage is very important alongside with putting a decent amount for investment, if you are earning a good amount of money and you only have a little amount of demand for your expenses then you have the opportunity to save more and invest.

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blackmachinegun
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August 30, 2016, 04:27:15 AM
 #6448


Investing in bitcoin is a good idea , there are some good investments that are coming that are  
annually double .I buy my action with my bitcoin money . And sure it's a good decision  (good information)                  
what do you think?
yeah invest in bitcoin was a good idea. invest in bitcoin does not mean sell and buy bitcoin at a good price. in bitcoin there are many types of investments you can do and of course everything has a different level of profit. you can choose the appropriate investment that you want
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August 30, 2016, 04:53:36 AM
 #6449

Investing nowadays is much better if you would compare it to savings, as investments are returning great...
I invested my money in XMR (Monero) and never thought that it would just get spiked above 600% and I got my investment's return...
I invested too much less, but happy already with what I got... Smiley
So what are your plans/decision making ideas in order on choosing Monero among any other cyrptocurrency out there? Because other than that it either luck or you have studied on what altcoin to choose from. Because studying it makes your chances increase on gaining money from your investment. Sorry im pretty new with altcoin trading.
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August 30, 2016, 06:20:13 AM
 #6450

I have always preferred to invest my money. That's the only way to grow it. You can invest in other businesses, your own business, etc. Doesn't have to be bitcoin or one thing in particular. A diversified portfolio is usually best.
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August 30, 2016, 06:36:05 AM
 #6451

Investing nowadays is much better if you would compare it to savings, as investments are returning great...
I invested my money in XMR (Monero) and never thought that it would just get spiked above 600% and I got my investment's return...
I invested too much less, but happy already with what I got... Smiley
So what are your plans/decision making ideas in order on choosing Monero among any other cyrptocurrency out there? Because other than that it either luck or you have studied on what altcoin to choose from. Because studying it makes your chances increase on gaining money from your investment. Sorry im pretty new with altcoin trading.

Trading  an altcoin is a risky thing to do because you may not even know when it will pump but in his situation i see monero previously and didnt pay attention into it and also hes lucky that he purchase some coins  of it and waited for a long time and those patience dont come to waste because it really pumped and i assumed that he didnt even  expect that thing  would happen.

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August 30, 2016, 07:23:04 AM
 #6452

Investing nowadays is much better if you would compare it to savings, as investments are returning great...
I invested my money in XMR (Monero) and never thought that it would just get spiked above 600% and I got my investment's return...
I invested too much less, but happy already with what I got... Smiley
So what are your plans/decision making ideas in order on choosing Monero among any other cyrptocurrency out there? Because other than that it either luck or you have studied on what altcoin to choose from. Because studying it makes your chances increase on gaining money from your investment. Sorry im pretty new with altcoin trading.

Trading  an altcoin is a risky thing to do because you may not even know when it will pump but in his situation i see monero previously and didnt pay attention into it and also hes lucky that he purchase some coins  of it and waited for a long time and those patience dont come to waste because it really pumped and i assumed that he didnt even  expect that thing  would happen.
Risky but it depends on your interest, there are many people who are successful in trading altcoin and that is good to focus as there are many altcoins yo can choose from, some may pump and dump but what matters is you will be able to catch up when it began to pump to make profit.

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August 30, 2016, 03:19:01 PM
 #6453

I think that saving is the best way of managing money, and also i believe that investments are also good but a bit risky to give your money somewhere.

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August 31, 2016, 01:50:25 AM
 #6454

I think that saving is the best way of managing money, and also i believe that investments are also good but a bit risky to give your money somewhere.


Yes saving is the best way to do for your monetary asset. And they are always together saving and investment. Because if you are going to invest for sure you are going to get some profit regardless the amount as long as it is a profit. So tendency you are going to save it for a meantime because you still want to get the ROI.
Well, in that case you need to balance things out, I know all of us wants to grow our money but in investing there are also risk associated in it so if you are not too careful and you push yourself hard investing all your money you might end up nothing when you investment failed.
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August 31, 2016, 01:59:41 AM
 #6455

I think that saving is the best way of managing money, and also i believe that investments are also good but a bit risky to give your money somewhere.


Yes saving is the best way to do for your monetary asset. And they are always together saving and investment. Because if you are going to invest for sure you are going to get some profit regardless the amount as long as it is a profit. So tendency you are going to save it for a meantime because you still want to get the ROI.
if you really wants to earn while saving your money might be much better to study trading because you are doing to two things while in process of saving if you can learn how to read the movement of the market you can place your save money into investment and make some profits and be added to your savings.

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August 31, 2016, 03:27:20 AM
 #6456

I think that saving is the best way of managing money, and also i believe that investments are also good but a bit risky to give your money somewhere.


Yes saving is the best way to do for your monetary asset. And they are always together saving and investment. Because if you are going to invest for sure you are going to get some profit regardless the amount as long as it is a profit. So tendency you are going to save it for a meantime because you still want to get the ROI.
if you really wants to earn while saving your money might be much better to study trading because you are doing to two things while in process of saving if you can learn how to read the movement of the market you can place your save money into investment and make some profits and be added to your savings.
Doing both is recommended because it has a different purpose, your savings will take care of your desperate needs of money in the future but you investment or whatever you are doing to grow your money will take care of your dreams and leisure for the future, we all want to achieve financial freedom and we can only do that if we succeed in our investment.

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boyptc
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August 31, 2016, 04:23:52 AM
 #6457

I think that saving is the best way of managing money, and also i believe that investments are also good but a bit risky to give your money somewhere.


Yes saving is the best way to do for your monetary asset. And they are always together saving and investment. Because if you are going to invest for sure you are going to get some profit regardless the amount as long as it is a profit. So tendency you are going to save it for a meantime because you still want to get the ROI.
if you really wants to earn while saving your money might be much better to study trading because you are doing to two things while in process of saving if you can learn how to read the movement of the market you can place your save money into investment and make some profits and be added to your savings.
Doing both is recommended because it has a different purpose, your savings will take care of your desperate needs of money in the future but you investment or whatever you are doing to grow your money will take care of your dreams and leisure for the future, we all want to achieve financial freedom and we can only do that if we succeed in our investment.


Working both with it is going to be the best thing to do. And why you are just going to choose only one of it if you can work for both of it. They are going to benefit you if you are going to be a good investor and as well as good saver. Don't forget that it is better if you are going to save and invest at the same time.

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Ziskinberg
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August 31, 2016, 05:21:28 AM
 #6458

I think that saving is the best way of managing money, and also i believe that investments are also good but a bit risky to give your money somewhere.


Yes saving is the best way to do for your monetary asset. And they are always together saving and investment. Because if you are going to invest for sure you are going to get some profit regardless the amount as long as it is a profit. So tendency you are going to save it for a meantime because you still want to get the ROI.
if you really wants to earn while saving your money might be much better to study trading because you are doing to two things while in process of saving if you can learn how to read the movement of the market you can place your save money into investment and make some profits and be added to your savings.
Doing both is recommended because it has a different purpose, your savings will take care of your desperate needs of money in the future but you investment or whatever you are doing to grow your money will take care of your dreams and leisure for the future, we all want to achieve financial freedom and we can only do that if we succeed in our investment.


Working both with it is going to be the best thing to do. And why you are just going to choose only one of it if you can work for both of it. They are going to benefit you if you are going to be a good investor and as well as good saver. Don't forget that it is better if you are going to save and invest at the same time.
That is true, when you are good in saving money, you will be easy to succeed in your journey to invest and I am pretty sure you will make the right decision in every investment you are going to engage.

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HilbillyFred
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August 31, 2016, 07:01:20 AM
 #6459

In my opinion it is better to invest your money than saving money and that is because when you save money you keep it away for later and when you try to invest you are saving money for later and you have the possibility to make it even more money.
tabas
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August 31, 2016, 07:12:35 AM
 #6460

In my opinion it is better to invest your money than saving money and that is because when you save money you keep it away for later and when you try to invest you are saving money for later and you have the possibility to make it even more money.

I would say that is going to be better if you are going to do that both. Because as you are earning with your investment then your profit there is going to be your savings. And that is why you are going to save so that you can use that again for another investment or any other profitable way that you think your money can grow.

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