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Author Topic: Is it better to save money or invest it?  (Read 1181171 times)
DavidoAlto
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September 26, 2016, 09:28:49 PM
 #6981

It is better to invest money than saving. But it should be invested in correct resources.
Only if you invest your money, it will grow more
Saving, in other terms means making it idle.
Money should be invested in bitcoin  or other worthfull altcoins
How much should be invested depends on your decision

In a way you are right. Because yes we need to safe as much as we can, while we make sure our money is growing too. Sleeping money is not good money, but living secure (meaning you have money for surprises for example) is important. A good key to divide your money is half in savings and half in investments.

We need to safe a lot of money and than invest it into the bitcoin, I really think that is good, we should just wait on the right buy in time.
If the price gets any lower we should instantly buy it to make good profits.
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September 26, 2016, 09:41:35 PM
 #6982

It is better to invest money than saving. But it should be invested in correct resources.
Only if you invest your money, it will grow more
Saving, in other terms means making it idle.
Money should be invested in bitcoin  or other worthfull altcoins
How much should be invested depends on your decision

In a way you are right. Because yes we need to safe as much as we can, while we make sure our money is growing too. Sleeping money is not good money, but living secure (meaning you have money for surprises for example) is important. A good key to divide your money is half in savings and half in investments.

We need to safe a lot of money and than invest it into the bitcoin, I really think that is good, we should just wait on the right buy in time.
If the price gets any lower we should instantly buy it to make good profits.
thats true, if you put a lot of fiat into bitcoins i think you can make a lot of easy profit when holding it

 
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September 26, 2016, 11:22:05 PM
 #6983

It is better to invest money than saving. But it should be invested in correct resources.
Only if you invest your money, it will grow more
Saving, in other terms means making it idle.
Money should be invested in bitcoin  or other worthfull altcoins
How much should be invested depends on your decision

In a way you are right. Because yes we need to safe as much as we can, while we make sure our money is growing too. Sleeping money is not good money, but living secure (meaning you have money for surprises for example) is important. A good key to divide your money is half in savings and half in investments.

We need to safe a lot of money and than invest it into the bitcoin, I really think that is good, we should just wait on the right buy in time.
If the price gets any lower we should instantly buy it to make good profits.
thats true, if you put a lot of fiat into bitcoins i think you can make a lot of easy profit when holding it

I think so, but it is not good idea to put all of money and I think that its a good time to buy of bitcoin
let's wait a few month the price will be increases.

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September 26, 2016, 11:57:37 PM
 #6984

It is better to invest money than saving. But it should be invested in correct resources.
Only if you invest your money, it will grow more
Saving, in other terms means making it idle.
Money should be invested in bitcoin  or other worthfull altcoins
How much should be invested depends on your decision

In a way you are right. Because yes we need to safe as much as we can, while we make sure our money is growing too. Sleeping money is not good money, but living secure (meaning you have money for surprises for example) is important. A good key to divide your money is half in savings and half in investments.

We need to safe a lot of money and than invest it into the bitcoin, I really think that is good, we should just wait on the right buy in time.
If the price gets any lower we should instantly buy it to make good profits.
i always balancing between saving money and investing money ,
i don't know about the other opinion , this is just what i am doing right now ,
40 percent of total earning allocated to investment and saving ,
so basically 20%/20% of total income , so far so good ,
so you can still covering your lost investment ( in case there is ).
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September 27, 2016, 12:16:35 AM
 #6985

Last year who saved their bitcoin, instead invest them had no risk and the price has doubled, soo those might be the best option at bitcoin, collect or buy them and save, even knowing some people invested and raised their portfolio.
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September 27, 2016, 12:30:41 AM
 #6986

Its better to save it up now and than spend it as a investment into the bitcoin, I really think we can than make some huge profits.
The bitcoin is gonna rise too so I think its very good to invest but it needs to be lower.
relq
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September 27, 2016, 12:56:22 AM
 #6987

If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.
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September 27, 2016, 03:12:04 AM
 #6988

If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.
That's the right thing to do, you money is subject to inflation and if you will just keep it you will not earn from it so because invest in your type of investment because you can always choose between a low risk and high risk investment.
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September 27, 2016, 03:17:35 AM
 #6989

If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

For me saving is the best and that is just going to be done continuous so that in the future you have enough money for your daily needs. Saving is just like investing, you are getting ready for the future expenses that you might face. So for me saving is the one that a person must do. And in bitcoin saving is also applicable and a good choice.

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September 27, 2016, 03:40:43 AM
 #6990

If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

For me saving is the best and that is just going to be done continuous so that in the future you have enough money for your daily needs. Saving is just like investing, you are getting ready for the future expenses that you might face. So for me saving is the one that a person must do. And in bitcoin saving is also applicable and a good choice.
Well, that is better but you cannot just save for the rest of your life, how would you enjoy if you are just saving. Investing is the only key to achieve financial success so we have the freedom to buy things we want and do what we want, we need to learn how to grow our money not only in saving.
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September 27, 2016, 03:43:53 AM
 #6991

If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

Of course it is... But atleast you should have knowledge on where you are investing your money and how those investments works, coz if not, instead of earning, you will end up losing those supposedly passive income...It is much safer if you save it and just invest it after a thorough studying on those investments that you want to put your money in..  Smiley
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September 27, 2016, 03:55:13 AM
 #6992

If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

Of course it is... But atleast you should have knowledge on where you are investing your money and how those investments works, coz if not, instead of earning, you will end up losing those supposedly passive income...It is much safer if you save it and just invest it after a thorough studying on those investments that you want to put your money in..  Smiley

Why you are just going to choose saving only if you are going to be able to do that both? For me I want to do both and going to keep doing both of it.

Since we are in bitcoin, so if you are going to hold a lot of bitcoins today. Then probably you are also investing to it.

So you are doing both, saving and investing at the same time.

Vires in Numeris
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September 27, 2016, 04:11:44 AM
 #6993

I have been investing in a lot of various financial instruments over the years, with varying levels of success. Some turned out to be great investments, while others turned out to be just ok. I would still continue to invest and explore new types of investments that are within my risk tolerance. Bitcoin is the latest of my investments and I hope it turns out to be a good one for years to come.
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September 27, 2016, 05:23:12 AM
 #6994

I have been investing in a lot of various financial instruments over the years, with varying levels of success. Some turned out to be great investments, while others turned out to be just ok. I would still continue to invest and explore new types of investments that are within my risk tolerance. Bitcoin is the latest of my investments and I hope it turns out to be a good one for years to come.
You are just here at the right timing, bitcoin has been gaining success because of its supporters all over the world and why I am saying that you are in the right timing is because we are still in the early phase and we can still buy cheap bitcoins and witness it grow in the future.

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September 27, 2016, 05:50:57 AM
 #6995

I have been investing in a lot of various financial instruments over the years, with varying levels of success. Some turned out to be great investments, while others turned out to be just ok. I would still continue to invest and explore new types of investments that are within my risk tolerance. Bitcoin is the latest of my investments and I hope it turns out to be a good one for years to come.
You are just here at the right timing, bitcoin has been gaining success because of its supporters all over the world and why I am saying that you are in the right timing is because we are still in the early phase and we can still buy cheap bitcoins and witness it grow in the future.
I think the price is still cheap IMO . So , it is your right time to buy your bitcoin and hold it on the future.
For me , I will use it for trading while the rest I holding it . It's better to having multiple source of investment to minimize the risk.

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September 27, 2016, 06:04:25 AM
 #6996

I think the price is still cheap IMO . So , it is your right time to buy your bitcoin and hold it on the future.
For me , I will use it for trading while the rest I holding it . It's better to having multiple source of investment to minimize the risk.


You probably means multiple source of income instead of investment. If it is an investment then you should simply put it away and get some profit once the time is up . Using it for trading means you are treating it as a tool to get some more profit from it

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September 27, 2016, 07:03:22 AM
 #6997

I think the price is still cheap IMO . So , it is your right time to buy your bitcoin and hold it on the future.
For me , I will use it for trading while the rest I holding it . It's better to having multiple source of investment to minimize the risk.


You probably means multiple source of income instead of investment. If it is an investment then you should simply put it away and get some profit once the time is up . Using it for trading means you are treating it as a tool to get some more profit from it
Definitely because trading is more on a job for me, you need to work hard and decide smartly in order to make money in a regularly basis. Being a day trader requires a lot of time to monitor the market and analyze the trends, so I guess it is more tiring that working in a day job but the good thing is that the earning is unlimited here if we succeed.

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September 27, 2016, 05:47:59 PM
 #6998

But the money in the bank is not 100% safe; will you feel safe if you gave your money to a stranger in the street that is known for making terrible money choices? No, then why do you feel safe with your money on a bank?

There is nothing safe in this world, either saving your money in bank or even saving your bitcoin in cold wallet . If you wish for something safe then there is no such thing exist . However some people still on the thoughts that keeping your money safe in the bank is the best thing you can do right now
Well, in that you are correct, but I think the main difference between a bank and bitcoin wallet is control, with your money in the bank you are relegating the control of your money to a third party, while with bitcoin you are in complete control of your coins.

That's true but even with bitcoin wallet you always have an fear of loosing them in hands of scammers or wallet gets corrupted and if you don't have backup, but if you loose your money in banks then they will take full responsibility.
There is nothing 100% safe, but the bitcoin wallet is very safe as long as you take the right precautions there is not to worry about, the two problems that you state can be solved by hardware wallet in cold storage and a backup.
john2231
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September 27, 2016, 06:03:32 PM
 #6999

But the money in the bank is not 100% safe; will you feel safe if you gave your money to a stranger in the street that is known for making terrible money choices? No, then why do you feel safe with your money on a bank?

There is nothing safe in this world, either saving your money in bank or even saving your bitcoin in cold wallet . If you wish for something safe then there is no such thing exist . However some people still on the thoughts that keeping your money safe in the bank is the best thing you can do right now
Well, in that you are correct, but I think the main difference between a bank and bitcoin wallet is control, with your money in the bank you are relegating the control of your money to a third party, while with bitcoin you are in complete control of your coins.

That's true but even with bitcoin wallet you always have an fear of loosing them in hands of scammers or wallet gets corrupted and if you don't have backup, but if you loose your money in banks then they will take full responsibility.
There is nothing 100% safe, but the bitcoin wallet is very safe as long as you take the right precautions there is not to worry about, the two problems that you state can be solved by hardware wallet in cold storage and a backup.
I think its more safe to use electrum than other wallet or online wallet since i already experience some problem before in one of the company coinbase and xapo.. so i stop because of delay or pending and it takes week more before they solve..
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September 27, 2016, 06:10:29 PM
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Actually both but you need to invest in order to get profit,otherwise you can't make BTC,also you have to have in order to invest so what's why you have to do both.

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