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Author Topic: Is it better to save money or invest it?  (Read 1181159 times)
batang_bitcoin
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October 18, 2016, 12:28:06 AM
 #7381

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.

Well I am always remembering the quote of my own that "if you are going to be a good saver then you are going to be a good investor" so if you are going to manage your money and save it properly for somehow then for sure you are going to manage your investments properly. And as of now, I am just keep on saving and manage to have some trading.



 

 

 

 

 

 


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October 18, 2016, 12:40:47 AM
 #7382

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.

Well I am always remembering the quote of my own that "if you are going to be a good saver then you are going to be a good investor" so if you are going to manage your money and save it properly for somehow then for sure you are going to manage your investments properly. And as of now, I am just keep on saving and manage to have some trading.
Very well said mate since savings is a form of investment i am doing saving my bitcoin for my goal, but i am not too good in managing my money i love to spend every time that i have excess money in my salary.
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October 18, 2016, 05:28:42 AM
 #7383

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.

Well I am always remembering the quote of my own that "if you are going to be a good saver then you are going to be a good investor" so if you are going to manage your money and save it properly for somehow then for sure you are going to manage your investments properly. And as of now, I am just keep on saving and manage to have some trading.
Very well said mate since savings is a form of investment i am doing saving my bitcoin for my goal, but i am not too good in managing my money i love to spend every time that i have excess money in my salary.

Saving bitcoins  is  trully also an investment when we are talking on future terms because    we  would gain profits  on  upcoming years  when bitcoins  price would tend to rise . I would  like  to recommend that you  must limit your spendings so that you could able to save  up your excess amount on your salary for future  purposes.

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October 18, 2016, 05:41:22 AM
 #7384

A little of both. You can save money and invest part of it to make sure you get some profit too. Investing all your money in something can be a mistake because you never know when it goes the way you don't want it to.
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October 18, 2016, 07:06:58 AM
 #7385

I think it is better to save money for when you want to invest not sure you can make profit and you can lose them all the money you've invested.
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October 18, 2016, 07:22:12 AM
 #7386

A little of both. You can save money and invest part of it to make sure you get some profit too. Investing all your money in something can be a mistake because you never know when it goes the way you don't want it to.
We do know because that will happen in the future but we can predict it and our prediction should be realistically based on the present situation and what I saw is that we have a good future base on the trend so I am also confident to put my money as investment.

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October 18, 2016, 07:26:34 AM
 #7387

You can better save money or invest money thant doing nothing with your money you know you need to do allot of things ith the money and not just
buying things.
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October 18, 2016, 07:44:44 AM
 #7388

I do save my money for any future purposes. So whenever you really need it on the time of crisis you can have it easily. On the other hand, investment is also good for me if you are looking forward to make profit but always remember the risk that it brings.

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October 18, 2016, 07:46:22 AM
 #7389

SAving money is always the best idea for in the future becuas lots of people dont like to see the price of the bitcoin drop and when you save money you
will never think about that again.
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October 18, 2016, 07:54:52 AM
 #7390

For me saving money would not be enough if I dream of living a comfortable and luxurious life in the future. I would rather invest part of my savings so I can have a chance to make my dream a reality.
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October 18, 2016, 08:07:39 AM
 #7391

For me saving money would not be enough if I dream of living a comfortable and luxurious life in the future. I would rather invest part of my savings so I can have a chance to make my dream a reality.
Investing is like we are trying our luck to make money on whatever venture we love to do, that is risky of course but investing using our own decision is very fulfilling and we are ready to accept of the outcome as long as we did our job to come with a final decision.

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October 18, 2016, 08:22:08 AM
 #7392

You can better investin your money than saving it right now because i think that the bitcoins can last for ever and when you invest you will make the most off course.
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October 18, 2016, 08:43:05 AM
 #7393

You can better investin your money than saving it right now because i think that the bitcoins can last for ever and when you invest you will make the most off course.
As long as you know the right timing to buy and sell your bitcoins it is always good to invest and it will be better if you choose a long term investment. Everyone is looking for a way to grow their money but they failed to see that it is just in front of them, just invest and trust the future of bitcoin.

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October 18, 2016, 08:54:59 AM
 #7394

For me saving money would not be enough if I dream of living a comfortable and luxurious life in the future. I would rather invest part of my savings so I can have a chance to make my dream a reality.

Exactly, someone might get to save some money out of his income which would probably be of work later on for him but someone wont be able to get a larger income if he just continues to do that forever, but investing gives you the opportunity to increase your income which in a result will automatically saves a lot of money which is generated by the investments.
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October 18, 2016, 09:36:45 AM
 #7395

For me saving money would not be enough if I dream of living a comfortable and luxurious life in the future. I would rather invest part of my savings so I can have a chance to make my dream a reality.

Exactly, someone might get to save some money out of his income which would probably be of work later on for him but someone wont be able to get a larger income if he just continues to do that forever, but investing gives you the opportunity to increase your income which in a result will automatically saves a lot of money which is generated by the investments.

I think to have a good balance in life we must choose both of them, we also need to save money so if our investment fails in future then we have savings that will take care of us in tough times.
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October 18, 2016, 09:39:02 AM
 #7396

For me saving money would not be enough if I dream of living a comfortable and luxurious life in the future. I would rather invest part of my savings so I can have a chance to make my dream a reality.

Exactly, someone might get to save some money out of his income which would probably be of work later on for him but someone wont be able to get a larger income if he just continues to do that forever, but investing gives you the opportunity to increase your income which in a result will automatically saves a lot of money which is generated by the investments.

I think to have a good balance in life we must choose both of them, we also need to save money so if our investment fails in future then we have savings that will take care of us in tough times.
good point we should always have something to use in case of emergency cases, money that we save even in a little portion of our investment.
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October 18, 2016, 09:40:36 AM
 #7397

You can better investin your money than saving it right now because i think that the bitcoins can last for ever and when you invest you will make the most off course.

It's important to not only focus on the investment aspect. If you invest all your money, and the investment turns out to be a very bad choice, then you'll hate yourself for not having savings aside. That's why you must have enough savings to get you through a certain period of time in case things go wrong.
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October 18, 2016, 09:54:40 AM
 #7398

You can better investin your money than saving it right now because i think that the bitcoins can last for ever and when you invest you will make the most off course.

It's important to not only focus on the investment aspect. If you invest all your money, and the investment turns out to be a very bad choice, then you'll hate yourself for not having savings aside. That's why you must have enough savings to get you through a certain period of time in case things go wrong.
Yeah that would be the smartest way to put it. When you invest there's a chance that it won' t go the way you want it to so to have savings would bail you out of misery

 
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Doamader
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October 18, 2016, 09:59:47 AM
 #7399

I do believe we do must do both, because at crypto world, having some coin might mean we will get a bigger value, with saving, with investment we can grow our bitcoins fast as well risk to loose them.
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October 18, 2016, 10:00:13 AM
 #7400

Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think there is no better, as both a good thing if combining both would be a good result why you choose one of the two Lol
I think if you create a strategy to combine the two it would be better
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