Is it better to save money or invest it?

[grim007]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

it's up to you to formula about saving and investing, but I think it would be better if you prioritize to save. because investment is also at risk. Surely you do not want 85% of your money is lost right?

I think he has chosen wisely in which altcoins to invest, but I agree with you that trading is always risky. I wouldn't risk 85% of all my money even if I was almost sure that it's a right investment. But on the other hand, the more you risk the more your profit might be, so that's for him to decide.

Yeah. You will not have huge profit if you are afraid to risk or loss. Because people who didn't fear to loss or risk is rhe people who always success. All successful people risk before they got in the top. You will be just stock at the bottom if you don't risk.

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[neonshium]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

it's up to you to formula about saving and investing, but I think it would be better if you prioritize to save. because investment is also at risk. Surely you do not want 85% of your money is lost right?

I think he has chosen wisely in which altcoins to invest, but I agree with you that trading is always risky. I wouldn't risk 85% of all my money even if I was almost sure that it's a right investment. But on the other hand, the more you risk the more your profit might be, so that's for him to decide.

Yeah. You will not have huge profit if you are afraid to risk or loss. Because people who didn't fear to loss or risk is rhe people who always success. All successful people risk before they got in the top. You will be just stock at the bottom if you don't risk.

Risk will get you to fortune, there is no doubt in it. if you are afraid to take risks you'll loose lots of chances of becoming rich. because you always care what you have now, but don't think what you can get if you take some risk.
I know risks can make lose some time, but sometime they'll make you millionaire in one night.

[Mbah Slamet]

I think we should combine both, save money is very important because if there is a sudden needs then we will use the money. very good investment for the future so as not poor, for portion, I recommend 50% for save and 50% for investing.

[sunsilk]

I think we should combine both, save money is very important because if there is a sudden needs then we will use the money. very good investment for the future so as not poor, for portion, I recommend 50% for save and 50% for investing.

Doing both is really a must. Because investing alone without making some savings will make your investment to be vulnerable from collapse.

But if you are an investor and you do have back up funds like savings even collapse will happen you can have an assurance that you can make your investment strong.

[Kotone]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

For me bro this is true but saving but investing won't grow our money too sometimes we got scammed by those who want to aim is to scam people after they get the maximum target, Icos is the best it depends on you if you really want too other says that holding bitcoin can also help us to grow itself. But it took time.

[artows21]

I think that both are good, the key is to know how to manage money.

[dmamigo]

I think we should combine both, save money is very important because if there is a sudden needs then we will use the money. very good investment for the future so as not poor, for portion, I recommend 50% for save and 50% for investing.

Depending on you capacity and capability to invest matters. Always saving and investing in 50-50 percentage not possible. The way one does it and how well he manages to save and invest will be helpful as both Saving and Investing will help. Performing only one might cause trouble in future.

[zeze18]

if we are not good at managing finances, I think a better alternative to save money in a bank, or buy a house and a plot of land as a long-term investment

[Mitcsell]

if we are not good at managing finances, I think a better alternative to save money in a bank, or buy a house and a plot of land as a long-term investment

Very tempting predictions or forecasts even more accurate to say, the price bitcoin to $ 10k. I would have waited and have retained all their coins until this moment.

[JofryTheKing]

Money is better to invest, and it should be done in a real business. I trust what I can feel or see on the Internet it can be temporarily or threatened.

[KennyR]

Money is better to invest, and it should be done in a real business. I trust what I can feel or see on the Internet it can be temporarily or threatened.

Investing is good if your plan is a long time goal. The pay we get for the investment through banks were very low and it would help us only after years of being maturity of the investment. So earning is mainly good through short term trade statics than holding long.

[DrVaribo]

You can of course blame me, but I have little confidence in the stability of bitcoin. So I can not save bitcoin in the long term and wait for something in the future, if I can now something that really earn. Investing is something that makes a profit today and in sufficient quantity.

[ausbit]

Money is better to invest, and it should be done in a real business. I trust what I can feel or see on the Internet it can be temporarily or threatened.

It is true. internet works and businesses can be temporarily. thats why most of experts always suggest users that get your ROI first. invest in online sources but always try to get your money bank and than go with your online earning.

[GooCust04]

Money is better to invest, and it should be done in a real business. I trust what I can feel or see on the Internet it can be temporarily or threatened.

It is true. internet works and businesses can be temporarily. thats why most of experts always suggest users that get your ROI first. invest in online sources but always try to get your money bank and than go with your online earning.

Who in the world is no stability anywhere. Even if you say or suggest that it would be better to buy gold for example, or investing in a business project. And yet the fact that the business can survive online or offline.

[Maskedman]

I would tend to save it, as you may lose your capital. Moreover, if you have your money in Bitcoin and trade it for non-Bitcoin products, this is a bad idea as Bitcoin price will climb in the years to come.

[diegz]

I would tend to save it, as you may lose your capital. Moreover, if you have your money in Bitcoin and trade it for non-Bitcoin products, this is a bad idea as Bitcoin price will climb in the years to come.

Saving is for those who are afraid to risk and don't want to try investments.  But anyway, doing trades is not a bad idea, in fact, if you do it correctly you could make your bitcoins more and more out of trading it again and again. Price of bitcoin I think could wait you when it is on the top, but while we are waiting, lets make more bitcoin, so when bitcoin price increases a lot, then we have a lot of money waiting. 

[densuj]

I would tend to save it, as you may lose your capital. Moreover, if you have your money in Bitcoin and trade it for non-Bitcoin products, this is a bad idea as Bitcoin price will climb in the years to come.

I think will be good to save money in gold or stock because if
we save our whealty in fiat money the value will be lost due to inflation
and if we save money in bitcoin as you said bitcoin's price is high fluctuating.

[The_Dark_Knight]

It is better to invest because your is growing everytime. But when you save it in a bank it grows but only gains small interest within a month.thats why i choose investing than saving.

Well its really good to invest our money to make it grow but it has risk and there's no assurance that you would gain from it. before i invest i prepared myself for the outcome of my investment because its not always a happy ending.

Fixed deposits are for the average joe type of people that don't want to take any risks. It's pointless to have your money frozen for a period of a year or more in return for a poor 2-3% annual interest rate. If you plan to invest into something, then the best is to choose something you can liquidate easily. If you at some point realize that the investment you made isn't going to be as rewarding as you expected, then you can get your money out whenever you want. Time is money, in that year where your money has been unusable you could have gained far better returns.

This, those kind of investments are for those that don't care or don't know better, you could make a lot more than that if you are any good in trading in just a few weeks or months at worst if you invested in bitcoin, and if you have some holdings in bitcoin and big pump happens you could make in a week what you could make in years with the bank.

[Viscore]

It is better to invest because your is growing everytime. But when you save it in a bank it grows but only gains small interest within a month.thats why i choose investing than saving.

Well its really good to invest our money to make it grow but it has risk and there's no assurance that you would gain from it. before i invest i prepared myself for the outcome of my investment because its not always a happy ending.

Fixed deposits are for the average joe type of people that don't want to take any risks. It's pointless to have your money frozen for a period of a year or more in return for a poor 2-3% annual interest rate. If you plan to invest into something, then the best is to choose something you can liquidate easily. If you at some point realize that the investment you made isn't going to be as rewarding as you expected, then you can get your money out whenever you want. Time is money, in that year where your money has been unusable you could have gained far better returns.

This, those kind of investments are for those that don't care or don't know better, you could make a lot more than that if you are any good in trading in just a few weeks or months at worst if you invested in bitcoin, and if you have some holdings in bitcoin and big pump happens you could make in a week what you could make in years with the bank.

You have a good point there, but bear in mind that putting your money in the bank and let it earn with little interest are less risky compared to trading. Trading is like gambling, you will predict the outcome and if you are wrong your money is gone. Actually there are people who does not want to take bigger risk but I believe if we dream big we should take bigger risk and do what is right to reach it.

[mastica]

This will never be an easy choise since at crypto world all can happen, you can invest and loose part of your coins as you can invest and make a huge ammount of bitcoin as profit, while saving will be based into the value of the coin being bitcoin or another.