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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
Positid
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October 16, 2016, 10:58:38 AM
 #7361

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Basically that. People at all times should have a healthy balance when it comes to having a certain amount of savings, and a certain amount that they use for investments.

For me personally I always prefer to have it at 50% savings, and 50% investments as that is a more than enough percentage to see my wealth grow.

If your investment doesn't work out as planned, then you at least have money to fall back on. That's very important.
I would go with a higher percentage of savings that my investment, that is because I wanted to be safe in the future, we cannot ascertain that we will earn profit on our investment so it is better to save more than invest more.

.
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Colt22
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October 16, 2016, 11:06:46 AM
 #7362

Currently im investing all of my coins into the project i do wanna to put online, but next year i do hope to stop invest and start saving, on the last halving i take a lesson, that were if i had saved my coins i could had found already my project instead had invested them.
I will not hold you to invest because it will be good anyway because your bitcoin grow but it is better if you do not invest all coinmu, it might be better if you use half of it
imho people need both to save and invest equally
yeah i mean 50 percents for investment and 50 percents for saving
as both have equal important for future plan , i do treat both equal
no better between them if you ask my personal opinion.
everyone giving his opinion like a suggestion but here i want to tell everyone that it is here not a matter of investment but the legit way to get profit in legit investment otherwise we will get only loss or like a profit in gambling ( whether loss or win ) .
then here i will suggest invest your money in installment and in trusted .
and saving in bank ac is not profitable .

Saving in bank account is not profitable but its the safest place to save money, even if we don't get profits we want that our money should be safe and can be used whenever we need it.

yes currently banks are safe and we can rely on there for keeping largest amount of money but it is also sure that in the coming future bitcoin will also be a more stable currency so then everyone will also consider bitcoin as safer as banks.
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October 16, 2016, 11:19:18 AM
 #7363

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.

You are right with it using both of it will be useful but for me if you just wanted to be on a safe with your money. Then you can just simply save that money and if you think that you are already ready to have investments then you can do both of it but I would it would depend on how much the savings you already have so that you can support your investment.
Saving should be the first step and that is what I have been doing, when we are saving we will just allocate a certain percentage of our savings that we will be using for investment, it does not matter where you are going to put it as long as you can guarantee that you have evaluated it carefully and you have analyze your chances.

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October 16, 2016, 03:55:25 PM
 #7364

to me the best option is to invest your money in bitcon, and there you can get double services, one is that your money will be too safe in bitcoin and the second is that you can really make a good profit just for holding your bitcoin, therefore the best option is to invest your money in bitcoin.

Investing in bitcoin is not safe and involves huge risk as we don't know where bitcoin will land in future and what price it would be holding so you should invest only that you can afford to loose.
But the same can be said about almost anything, if you are holding fiat, guess what? You are invested in fiat and the government backing that fiat money if for some reason that government failed the same will happen to your fiat.

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Aamir1
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October 16, 2016, 04:51:26 PM
 #7365

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Basically that. People at all times should have a healthy balance when it comes to having a certain amount of savings, and a certain amount that they use for investments.

For me personally I always prefer to have it at 50% savings, and 50% investments as that is a more than enough percentage to see my wealth grow.

If your investment doesn't work out as planned, then you at least have money to fall back on. That's very important.

That is exactly a great way of doing both things equally because if both of them works, savings would probably do but sometimes investments get failed so someone would have a back up plan as savings which can be used further as investment or for something else.
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October 16, 2016, 05:22:11 PM
 #7366

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Basically that. People at all times should have a healthy balance when it comes to having a certain amount of savings, and a certain amount that they use for investments.

For me personally I always prefer to have it at 50% savings, and 50% investments as that is a more than enough percentage to see my wealth grow.

If your investment doesn't work out as planned, then you at least have money to fall back on. That's very important.

That is exactly a great way of doing both things equally because if both of them works, savings would probably do but sometimes investments get failed so someone would have a back up plan as savings which can be used further as investment or for something else.

Actually investment come from savings, so when your investment fail, you have to restart and save again.  You cannot invest money from the one you use for your daily budgets.  That is the fact.  YOu can only invest from the money out of your daily budget and that is the one from your savings or suppose to be savings.
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October 16, 2016, 09:04:08 PM
 #7367

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.

Good point of view you are that if someone expert or open minded then they can apply the both way and you are right that these two thing is the key of success and i also think that both are the best way to make good profit.
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October 16, 2016, 09:06:58 PM
 #7368

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Basically that. People at all times should have a healthy balance when it comes to having a certain amount of savings, and a certain amount that they use for investments.

For me personally I always prefer to have it at 50% savings, and 50% investments as that is a more than enough percentage to see my wealth grow.

If your investment doesn't work out as planned, then you at least have money to fall back on. That's very important.

That is exactly a great way of doing both things equally because if both of them works, savings would probably do but sometimes investments get failed so someone would have a back up plan as savings which can be used further as investment or for something else.

Actually investment come from savings, so when your investment fail, you have to restart and save again.  You cannot invest money from the one you use for your daily budgets.  That is the fact.  YOu can only invest from the money out of your daily budget and that is the one from your savings or suppose to be savings.
Saving is primary and once you have saved enough money you will start making small investments but make sure that you don't invest all of them and keep enough savings as an back up which can be used at the time of emergencies.
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October 16, 2016, 09:45:56 PM
 #7369

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.

You are right with it using both of it will be useful but for me if you just wanted to be on a safe with your money. Then you can just simply save that money and if you think that you are already ready to have investments then you can do both of it but I would it would depend on how much the savings you already have so that you can support your investment.
Saving should be the first step and that is what I have been doing, when we are saving we will just allocate a certain percentage of our savings that we will be using for investment, it does not matter where you are going to put it as long as you can guarantee that you have evaluated it carefully and you have analyze your chances.
You're right, for beginners who want to start their own business or make an investment that needed big amount of capital, we should constantly saving as the part of the planning. Saving in bitcoin has more advantages than just using fiat money as we know that bitcoin value increasing every year though there are some decline, it has good foundation in market and for me it's still the best option.
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October 16, 2016, 10:16:55 PM
 #7370

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Well, if you're running a business, I think it is a good thing to do both. investment as well save the money you have for the future. maybe in a few days the price of bitcoin will meingkat, so I think you should reduce the investment costs that often you do so you will not miss the moment with high price rises bitcoin
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October 16, 2016, 11:00:52 PM
 #7371

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
yeah agree both a good thing you can not say that only ugly, two things it is a good thing, it could be the key to success for you if you are good at combine
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October 16, 2016, 11:21:38 PM
 #7372

Currently im investing all of my coins into the project i do wanna to put online, but next year i do hope to stop invest and start saving, on the last halving i take a lesson, that were if i had saved my coins i could had found already my project instead had invested them.
I will not hold you to invest because it will be good anyway because your bitcoin grow but it is better if you do not invest all coinmu, it might be better if you use half of it
imho people need both to save and invest equally
yeah i mean 50 percents for investment and 50 percents for saving
as both have equal important for future plan , i do treat both equal
no better between them if you ask my personal opinion.
everyone giving his opinion like a suggestion but here i want to tell everyone that it is here not a matter of investment but the legit way to get profit in legit investment otherwise we will get only loss or like a profit in gambling ( whether loss or win ) .
then here i will suggest invest your money in installment and in trusted .
and saving in bank ac is not profitable .

Saving in bank account is not profitable but its the safest place to save money, even if we don't get profits we want that our money should be safe and can be used whenever we need it.

but for the success and for the progress we have to take the risk and do not have to afraid from any risk and have to invest in that place from where we are sure that from there we will get a good and legit profit and if we will not take risk then we will not get any success.
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October 16, 2016, 11:31:29 PM
 #7373

Currently im investing all of my coins into the project i do wanna to put online, but next year i do hope to stop invest and start saving, on the last halving i take a lesson, that were if i had saved my coins i could had found already my project instead had invested them.
I will not hold you to invest because it will be good anyway because your bitcoin grow but it is better if you do not invest all coinmu, it might be better if you use half of it
imho people need both to save and invest equally
yeah i mean 50 percents for investment and 50 percents for saving
as both have equal important for future plan , i do treat both equal
no better between them if you ask my personal opinion.
everyone giving his opinion like a suggestion but here i want to tell everyone that it is here not a matter of investment but the legit way to get profit in legit investment otherwise we will get only loss or like a profit in gambling ( whether loss or win ) .
then here i will suggest invest your money in installment and in trusted .
and saving in bank ac is not profitable .

Saving in bank account is not profitable but its the safest place to save money, even if we don't get profits we want that our money should be safe and can be used whenever we need it.
yeah i also choose a bank to save my money and not for investment or grow my money and I'm using bitcoin for investment, this is a good combination
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October 17, 2016, 01:40:29 AM
 #7374

Currently im investing all of my coins into the project i do wanna to put online, but next year i do hope to stop invest and start saving, on the last halving i take a lesson, that were if i had saved my coins i could had found already my project instead had invested them.
I will not hold you to invest because it will be good anyway because your bitcoin grow but it is better if you do not invest all coinmu, it might be better if you use half of it
imho people need both to save and invest equally
yeah i mean 50 percents for investment and 50 percents for saving
as both have equal important for future plan , i do treat both equal
no better between them if you ask my personal opinion.
everyone giving his opinion like a suggestion but here i want to tell everyone that it is here not a matter of investment but the legit way to get profit in legit investment otherwise we will get only loss or like a profit in gambling ( whether loss or win ) .
then here i will suggest invest your money in installment and in trusted .
and saving in bank ac is not profitable .

Saving in bank account is not profitable but its the safest place to save money, even if we don't get profits we want that our money should be safe and can be used whenever we need it.
yeah i also choose a bank to save my money and not for investment or grow my money and I'm using bitcoin for investment, this is a good combination
That should be the way on how to treat it, banks are only good for savings but bitcoin is better for investment, we are here in the crypto world because we want to take this opportunity to invest and if we will succeed we will just simply cash out our profit and save it in the bank.
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October 17, 2016, 05:32:55 PM
 #7375

i think its better if you can do both. investing is a risky venture so you have to have some kind of back up in case things dont work out very well. that's where you're savings come in. so i don't think it should be a choice between the two

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wxa7115
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October 17, 2016, 06:57:22 PM
 #7376

Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Basically that. People at all times should have a healthy balance when it comes to having a certain amount of savings, and a certain amount that they use for investments.

For me personally I always prefer to have it at 50% savings, and 50% investments as that is a more than enough percentage to see my wealth grow.

If your investment doesn't work out as planned, then you at least have money to fall back on. That's very important.
That is good strategy but it depends on the level of income and your standard of living, if your pay is low is probably better to have a greater percentage in savings if in the other hand you earn a good salary then having a greater percentage in investment is better.

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richardsNY
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October 17, 2016, 07:16:03 PM
 #7377

i think its better if you can do both. investing is a risky venture so you have to have some kind of back up in case things dont work out very well. that's where you're savings come in. so i don't think it should be a choice between the two

Well said, I am a huge supporter of having both. No matter what you do, you must at all times have savings for when you need it. That's why I don't understand why some people so easily say that they will invest their entire savings into Bitcoin, because they think it will bring them guaranteed returns. These people don't know anything.
olyaru
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October 17, 2016, 10:21:22 PM
 #7378

Reading the comments from users, all too often mentioned about the risks and fear of losing the coin. But the fact is that there are risks even with peaceful possession of your coins. Bitcoin wallet can also be prone to cracking, as well as investments do not make a profit. Therefore it is necessary to invest in good companies.
JumperX
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October 17, 2016, 10:50:35 PM
 #7379

i think its better if you can do both. investing is a risky venture so you have to have some kind of back up in case things dont work out very well. that's where you're savings come in. so i don't think it should be a choice between the two

Well said, I am a huge supporter of having both. No matter what you do, you must at all times have savings for when you need it. That's why I don't understand why some people so easily say that they will invest their entire savings into Bitcoin, because they think it will bring them guaranteed returns. These people don't know anything.

Yeah savings should be our first priority as it will help you when you are in need of money very badly as investment can even go wrong in future and at that time only saving can take care of your expenses.
cryptotore
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October 17, 2016, 11:29:18 PM
 #7380

These are my opinions:

  • You should always have a buffer savings account
  • Long term(8+ years): Invest in passive index funds on the stock market
  • Short term: Savings account
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