martinacar
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September 29, 2016, 07:54:18 AM |
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None of the options is better than the other it all depends what you like to do it's your own decision. Save money is more save but investing it makes you more money with slight risks and headaches. So pick your poison.
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Xester
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September 29, 2016, 08:02:39 AM |
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None of the options is better than the other it all depends what you like to do it's your own decision. Save money is more save but investing it makes you more money with slight risks and headaches. So pick your poison.
Yes it is true. Investing has a lot of risk compared to saving which have no risk at all. Like what you said invest on your own risk. If there is much risk there is more gain or profit. Saving is just actually keeping your money with no opportunity to grow. Why? Because banks only gives 2% interest per year. Plus the fact there is inflation plus tax then you actually do not have the same amount of money that you have saved.
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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September 29, 2016, 08:09:13 AM |
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None of the options is better than the other it all depends what you like to do it's your own decision. Save money is more save but investing it makes you more money with slight risks and headaches. So pick your poison.
No mate, you need to select or do both, you cannot just play safe in this world we need to face the reality that living in this world is so risky and money is even everything, our goal aside from survival of our body and soul is money if we want to enjoy our stay here and we can achieve that through doing both or either.
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naidray
Legendary
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Activity: 1232
Merit: 1029
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September 29, 2016, 08:25:18 AM |
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In my opinion, both. Save a percentage for the future and invest another percentage to obtain a better gain. Anyway please avoid banks! It is even better if you save your fiat money under your pillow I strongly agree with your opinion that to avoid banks for using as saving as I have some experience with them and they will cut your balance due to different bank charges. The better option for saving our money is to put them in bitcoin with this it will be our saving and be our investment as bitcoin is going to grow.
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dunfida
Legendary
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Activity: 3262
Merit: 1158
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September 29, 2016, 02:53:58 PM |
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In my opinion, both. Save a percentage for the future and invest another percentage to obtain a better gain. Anyway please avoid banks! It is even better if you save your fiat money under your pillow I strongly agree with your opinion that to avoid banks for using as saving as I have some experience with them and they will cut your balance due to different bank charges. The better option for saving our money is to put them in bitcoin with this it will be our saving and be our investment as bitcoin is going to grow. But still its risky to put up all our saving on bitcoin because we cant assure of that bitcoins price would surely go up its price in the future. There are still risk to consider when you intend to put all your savings in bitcoin, you might smile or cry and it depend on the result on the price on upcoming years.
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wxa7115
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September 29, 2016, 05:32:59 PM |
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everyone has a different opinion because it has a different perspective as well. in my mind, invest better than saving money. Why? because we invest, our money will continue to grow
At the end I think most people share the dream of stopping working altogether and instead of working for your money, let your money work for you and the only way to do that is troughout investment.
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mace15
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September 30, 2016, 04:00:06 AM |
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For me, its better to save money and invest it. While you can, while you're young, much better to save your money in bank for your future. In case of emergency you have a money to spend on. And investing is also okay as long you gain from it.
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jstern
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September 30, 2016, 04:11:18 AM |
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Depends.
I was listening to the Howard Stern show a couple of months ago, and this guy, poor guy got $2,000 for his tax return. What did he do with it? He bought a $2,000 pair of jeans to impress his stupid materialistic friends. These people are losing money buying worthless things for immature reasons. Might as well risk it investing.
But if you're a person that's good with money and sacrifice, and saves a lot. Then it could be harder to risk it, because of the care and sacrifice that went into accumulating it for a rainy day.
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avikz
Legendary
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Activity: 3262
Merit: 1531
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September 30, 2016, 04:21:55 AM |
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Holding bitcoin is also an investment in its own. So don't bother yourself by investing your bitcoin to some third party website as they might scam you.
But if you hold your bitcoin in some secret place and hold it for some years, then it will definitely give you some good returns which any conventional investment won't be able to give you.
Just to give you an example, I have accumulated most of my bitcoin holdings, when it was at 450 and now the price is 605 USD, so I am already obtained 50% profit.
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WEBcreator
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September 30, 2016, 06:28:03 AM |
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Just to give you an example, I have accumulated most of my bitcoin holdings, when it was at 450 and now the price is 605 USD, so I am already obtained 50% profit.
Thats considering that the price actually increase however if it is not then you should be bitting your hands right now thinking why you are not selling it when the price hit the all time high. An investment should be those that actually give some steady increment of profit to your investment
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Bitcoinbro
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September 30, 2016, 07:23:07 AM |
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My decision between saving and investing is to invest. Investing in a safe investment is essentially saving but then while making money. Bitcoin itself is a good investment to pump money in, when money has been pumped in and prices go high then you get alot of profit from it.
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Mastsetad
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September 30, 2016, 07:49:17 AM |
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None of the options is better than the other it all depends what you like to do it's your own decision. Save money is more save but investing it makes you more money with slight risks and headaches. So pick your poison.
But someone wont be able to save anything if he is not earning something extra, i mean if you are working and getting a salary which only completes the needs of yours for a month but nothing remains for saving, in that case you will probably have to do some investments somewhere to generate some extra income so that you can save something as well.
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passwordnow
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September 30, 2016, 08:01:47 AM |
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My decision between saving and investing is to invest. Investing in a safe investment is essentially saving but then while making money. Bitcoin itself is a good investment to pump money in, when money has been pumped in and prices go high then you get alot of profit from it.
Investing is my choice too because when have source of income then for sure we are going to focus more with it so that our investment is going to keep on getting profit because that is the one that gives us source. And upon getting profit we also need to have some savings so that while our investment is still strong we are able to have another type of investment in the future with the help of your savings.
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Noctis Connor
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September 30, 2016, 02:17:36 PM |
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Invest your money then if you can make profit then save atleast 5% off your earnings right this could be much more great idea than you gonna gamble your money and get nothing in the end for me invest while earning it is not to late to do some great things with bitcoins just believe on your self
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Kvazimoda
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September 30, 2016, 02:21:00 PM |
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Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like
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Spirit2016
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September 30, 2016, 04:39:02 PM |
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Only Once you will have the necessary knowledge and understanding of the different financial instruments, how they work, expected returns and risks, can move on to practice.
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Aamir1
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September 30, 2016, 04:54:25 PM |
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Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like
If someone wants his money to be more secure then he should buy gold with it that would make it more secure, and if someone thinks he can take risks and he wants profits then he should invest in bitcoin because bitcoins grows in value more than gold while gold is more secure.
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terman45x
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September 30, 2016, 04:58:45 PM |
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Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like
If someone wants his money to be more secure then he should buy gold with it that would make it more secure, and if someone thinks he can take risks and he wants profits then he should invest in bitcoin because bitcoins grows in value more than gold while gold is more secure. Investing in gold and bitcoins is the best choice at a moment, as bitcoin will give quick profits on regular intervals and gold will take care of us in long term giving descent profits.
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arseaboy
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September 30, 2016, 07:38:31 PM |
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Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like
yes correct instead of allowing banks to earned from your money allow yourself to explore buy some assets that can make some earnings since you are in crypto buy bitcoin or known good alt coin so after holding it for quite some time you will earn from it.
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SquallLeonhart
Legendary
Offline
Activity: 2478
Merit: 1102
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September 30, 2016, 07:55:40 PM |
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Money should not simply lie down and lose value. Inflation eats them. Therefore, it is best to invest it. It is possible to bitcoints. Or buy gold. This is as you like
yes correct instead of allowing banks to earned from your money allow yourself to explore buy some assets that can make some earnings since you are in crypto buy bitcoin or known good alt coin so after holding it for quite some time you will earn from it. Yes saving in banks is no more profitable as interest paid by them is too low and won't help you in future, to make our money work of us we need to invest it in potential investments from where can expect good returns.
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