Is it better to save money or invest it?

[boyptc]

The risk is given in bitcoin but by doing both investing and saving of bitcoins it won't assure you to give profit but it depends on how you will take the risk. And you will not learn and earn if you will not take a risk. Remember that all types of investments does have risk in it and as well as saving is also risk because of the inflation.

Absolutely right, I got you man. We need to try it for ourselves so we will know if that's best for us. No investment is risky. I have learned from doing it so this past few days, once you've failed from them all you need to do is to accept, move on and of course take the learning.

I like your attitude for accepting failure and that will make you to be a good investor,trader and saver. That is what all those three need to become successful with it. And all of the people who are dealing with those careers whether it is saving or investing are experiencing failure mostly in the beginning for newbies. But it won't stop there because you will need to endure it in the long run.

Failure is a part of experiences. We will not know the result if we don't try it in ourselves. Some people tend to grab things disregarding the advice of the people surrounds him/her, let themselves learn from their own understandings.

All the same, there are a lot of sense in maintaining bitcoin and also in its investments. If you can increase the amount of bitcoin, you should try to do it by any means, but without risk to the existing state.

There is always a chance that someone is able to make their quantity of bitcoins to increase. And that is given there might be failure and downs but if you will become wiser with your investments and you are just able to invest small amount at those first investments and if you are able to learn a lot from it, that might help.

[buwaytress]

One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

[MTBTT]

One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

yeah agree with you. if you're very eager to get more income by continuing to invest, it is not a problem, but my advice do not forget to save, save some crops, it will help to raise more money

[crwth]

The salary or wage you get from your job should pay your responsibilities first. Paying for you electricity bills, water bills, internet bills, credit card bills, etc. It should be the one taken care of. Then to the money that's left, (hoping there are still some left) get a portion of it as savings. Never touch your savings unless it's an emergency or a sure way to earn (but if you decide to invest make sure there are still some left incase of emergencies). It's all about responsibilities first.

[Text]

The salary or wage you get from your job should pay your responsibilities first. Paying for you electricity bills, water bills, internet bills, credit card bills, etc. It should be the one taken care of. Then to the money that's left, (hoping there are still some left) get a portion of it as savings. Never touch your savings unless it's an emergency or a sure way to earn (but if you decide to invest make sure there are still some left incase of emergencies). It's all about responsibilities first.

I like this one. Saving is really important to us, everyone should do that because we will never know what will happen to our future and we don't know how long our business can operate. So you are right in case of emergency we can have our money immediately from our savings. No one will take of care it but only yourself.

[goldcoinminer]

The salary or wage you get from your job should pay your responsibilities first. Paying for you electricity bills, water bills, internet bills, credit card bills, etc. It should be the one taken care of. Then to the money that's left, (hoping there are still some left) get a portion of it as savings. Never touch your savings unless it's an emergency or a sure way to earn (but if you decide to invest make sure there are still some left incase of emergencies). It's all about responsibilities first.

I like this one. Saving is really important to us, everyone should do that because we will never know what will happen to our future and we don't know how long our business can operate. So you are right in case of emergency we can have our money immediately from our savings. No one will take of care it but only yourself.

It's important because if you do not have saving your future is not safe, we need to consider our future also because we are here to earn now but we are also spending big which would lead us to become failure in life. Without savings we do not have the opportunity to invest, remember we are aging and our body is depreciating therefore we need some good retirement amount.

[bamboylee]

One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

You are right. the secret of all of it is proper handling or management of your finances. Everyone can have a good job and earn a lot of money thru investments, but if you cannot handle your finances, you will blow out all your money on parties and unnecessary expenses. So you invest your money to earn more money, but you keep what you earn by saving a part of them.

[Doamader]

At crypto world we always want two things, more bitcoins and bigger value, with that said, we sometimes does invest trying to achieve both requests, sometimes we do loose in the road, savings for me has showed last halving it would be better hold my coins instead risk them, but this is up at each one.

[freedomgo]

At crypto world we always want two things, more bitcoins and bigger value, with that said, we sometimes does invest trying to achieve both requests, sometimes we do loose in the road, savings for me has showed last halving it would be better hold my coins instead risk them, but this is up at each one.

Talking about crypto world, it's more on a investment on me, it's not savings because the word savings happens only in the bank and there's no risk on that. Here, it's full of risk but the reward is great..

[jovs]

Is it better to save money in bank or invest it online, in real estate or maybe gold?

If I were in your place, I would prefer to invest my money in real estate and online. As population continuously expanding, the demand in the facility to provide for many families also increase. Real estate is best choice to invest your money. My second choice is to invest my money online. Yet there are too many scam investing sites, there are still legit. Investing online is too risky as far as we know. Yet, if we would examine where or what happen in our investment, it would help us to find a legit one. Would ensure an instant profit without alot of efforts.

[Positid]

Is it better to save money in bank or invest it online, in real estate or maybe gold?

If I were in your place, I would prefer to invest my money in real estate and online. As population continuously expanding, the demand in the facility to provide for many families also increase. Real estate is best choice to invest your money. My second choice is to invest my money online. Yet there are too many scam investing sites, there are still legit. Investing online is too risky as far as we know. Yet, if we would examine where or what happen in our investment, it would help us to find a legit one. Would ensure an instant profit without alot of efforts.

We can recommend those who are proven to be a profitable investment but in the end of the day it depends on the investor because he got the money and he will know how far he can take the risk in investing. Real state are proven to be profitable, but requires a good capital.

[passwordnow]

At crypto world we always want two things, more bitcoins and bigger value, with that said, we sometimes does invest trying to achieve both requests, sometimes we do loose in the road, savings for me has showed last halving it would be better hold my coins instead risk them, but this is up at each one.

Talking about crypto world, it's more on a investment on me, it's not savings because the word savings happens only in the bank and there's no risk on that. Here, it's full of risk but the reward is great..

I'm treating crypto's are both type, doing the same thing for just doing one thing. Just like in bitcoin, if you want to hold bitcoins then you are already saving. And upon saving bitcoins, you are totally doing an investment with bitcoin so upon waiting for the price increase, the profit you may get will be predicted by the price fluctuation.

[crwth]

I like this one. Saving is really important to us, everyone should do that because we will never know what will happen to our future and we don't know how long our business can operate. So you are right in case of emergency we can have our money immediately from our savings. No one will take of care it but only yourself.

There are a lot of apps that can help you on your savings or budgeting for example mint budgeting, PocketGuard budget app, GoodBudget, Mvelopes, and others. I think it's always a help to budget and control your money where it's going. Control your wants and attend to your needs every time because it's you who will act on it. It's always gonna be you. Excellent budgeting app that you can share to your friends and family can help you a lot.

[Sponsoredby15]

For me is better always to reserve our money and save it for the future and i will keep my money away from gambling or investment i will do trading even i lose some bit because in trading you can wait till the price of the bitcoin or alternative  will increase again and this is good in trading you don't need to lose.

[clickerz]

The salary or wage you get from your job should pay your responsibilities first. Paying for you electricity bills, water bills, internet bills, credit card bills, etc. It should be the one taken care of. Then to the money that's left, (hoping there are still some left) get a portion of it as savings. Never touch your savings unless it's an emergency or a sure way to earn (but if you decide to invest make sure there are still some left incase of emergencies). It's all about responsibilities first.

If that is your formula it is quite satisfactory but mostly if you want really to save, from your salary earnings subtract first your savings. Then after you get your savings, make a budget on the remaining balance.In that way, your savings is secured and ca not be touch.

[deisik]

At crypto world we always want two things, more bitcoins and bigger value, with that said, we sometimes does invest trying to achieve both requests, sometimes we do loose in the road, savings for me has showed last halving it would be better hold my coins instead risk them, but this is up at each one.

Talking about crypto world, it's more on a investment on me, it's not savings because the word savings happens only in the bank and there's no risk on that. Here, it's full of risk but the reward is great..

I wouldn't be so certain on that

We already witnessed how clients money had been openly stolen by a rogue government in 2013 (that event got appropriately dubbed later as a Cyprus hair-cut). So even if you completely discard inflation from consideration, which slowly but surely eats away the value of your money when you held it in a bank account at some miserable interest, I guess there is hardly any reason to consider bank deposits as a no-risk investment, whatever you might mean by this

[Zedmony]

At crypto world we always want two things, more bitcoins and bigger value, with that said, we sometimes does invest trying to achieve both requests, sometimes we do loose in the road, savings for me has showed last halving it would be better hold my coins instead risk them, but this is up at each one.

Talking about crypto world, it's more on a investment on me, it's not savings because the word savings happens only in the bank and there's no risk on that. Here, it's full of risk but the reward is great..

I wouldn't be so certain on that

We already witnessed how clients money had been openly stolen by a rogue government in 2013 (that event got appropriately dubbed later as a Cyprus hair-cut). So even if you completely discard from consideration inflation which slowly but surely eats away the value of your money held in a bank account with some miserable interest, I guess there is hardly any reason to consider bank deposits as a no-risk investment, whatever you might mean by this

"rogue government in 2013 (that event got appropriately dubbed later as a Cyprus hair-cut)", that was when the bitcoin price rose 10 folds in a few weeks.

[South Park]

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Investing is really worth a try especially if your hoping for a better comeback of your money. But it take also some guts due to some investing sites having hidden agendas better research some of the most trusted btc investing site and try even the small amount and if you got happy with the outcome tries it more often. Just dont put alot in one investing site tried to portion it in othesr sites. And better still left something for you. Once again investing is a lose or gain ting too.

This is why it is always recommended to diversify your investments at all times that way even if one of your investments go bust you will not lose most of your money.

Smart investor should already know how to manage their funds, diversification is the key not to succeed but to minimize the risk.

Well, maximizing your profits while minimizing your risks is a way to guarantee your success, and diversification is a way to do do that, it is not the most exciting thing to do but it works wonders.

[Abiky]

One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

Definitely agree with you mate. Those who don't have good capital, take necessary precautions by minimizing risks among different investments, while the wealthy people usually put their money on one investment because they don't have nothing to lose.

As for good management of your finances, try to spend less than what you earn, and always look for ways to increase your income, in order to have a well established capital and be able to have control over your financial life for years to come. Just my opinion. 

[arseaboy]

One of the most basic principles of financial management is to put aside a small portion of income away as savings.

It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.

Definitely agree with you mate. Those who don't have good capital, take necessary precautions by minimizing risks among different investments, while the wealthy people usually put their money on one investment because they don't have nothing to lose.

As for good management of your finances, try to spend less than what you earn, and always look for ways to increase your income, in order to have a well established capital and be able to have control over your financial life for years to come. Just my opinion. 

This is a good thought mate.. investing money doesn't really take overnight.. sometimes it may take days or years before you can make a profit out from it. People like me who is not that rich also not taking too much risks when it comes to investing just want to make at least a little money to make savings.