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Author Topic: Is it better to save money or invest it?  (Read 1181170 times)
mornabo
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March 27, 2017, 12:38:32 AM
 #9101

Is it better to save money or invest it?

I'm more interested to invest with the aim of developing wealth.

Investments make your money work to make more money without you having to bother.

Visible fun? Of course. All you need is the ability to set aside monthly income, instead of immediately spending it for short-term purposes, as well as the ability to choose the right investment instruments.

Investment is always better than saving provided you are able to find a reliable source of investing. Most bitcoins investments end up to be scam and hence for that reason , saving can be more profitable with no loss of coins.
yes no doubt that  investment is the best option, but i think those people who do not have any experience in investment and if they have fear to lost money in investment then they should save their money and not to invest it anywhere.
I think everyone is afraid to lose dude but how that person deal with it is also very important. saving is also important not just for a few people but for everybody also
crwth
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March 27, 2017, 01:07:16 AM
 #9102

Is it better to save money or invest it?

I'm more interested to invest with the aim of developing wealth.

Investments make your money work to make more money without you having to bother.

Visible fun? Of course. All you need is the ability to set aside monthly income, instead of immediately spending it for short-term purposes, as well as the ability to choose the right investment instruments.

Investment is always better than saving provided you are able to find a reliable source of investing. Most bitcoins investments end up to be scam and hence for that reason , saving can be more profitable with no loss of coins.
yes no doubt that  investment is the best option, but i think those people who do not have any experience in investment and if they have fear to lost money in investment then they should save their money and not to invest it anywhere.
I think everyone is afraid to lose dude but how that person deal with it is also very important. saving is also important not just for a few people but for everybody also
No one would want to lose, who wants that anyways? Be careful on where you put your money into because there would be a lot of things that could make you lose your money.

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llanillo
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March 27, 2017, 01:42:30 AM
 #9103

Is it better to save money or invest it?

I'm more interested to invest with the aim of developing wealth.

Investments make your money work to make more money without you having to bother.

Visible fun? Of course. All you need is the ability to set aside monthly income, instead of immediately spending it for short-term purposes, as well as the ability to choose the right investment instruments.

Investment is always better than saving provided you are able to find a reliable source of investing. Most bitcoins investments end up to be scam and hence for that reason , saving can be more profitable with no loss of coins.
yes no doubt that  investment is the best option, but i think those people who do not have any experience in investment and if they have fear to lost money in investment then they should save their money and not to invest it anywhere.
I think everyone is afraid to lose dude but how that person deal with it is also very important. saving is also important not just for a few people but for everybody also
No one would want to lose, who wants that anyways? Be careful on where you put your money into because there would be a lot of things that could make you lose your money.
Its not mandatory that you have to invest your money only in bitcoins or on online sites there are many reliable products in real life gold and silver where you can invest your money and get safe returns as gold and silver can definitely give you best returns in long term.

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iamTom123
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March 27, 2017, 02:10:55 AM
 #9104

Saving in the bank is important most especially for emergency purposes. Now, there are now banks which offered better rates. Here in my country, cooperatives are offering higher returns especially on time deposits. Now, spread your money by also buying gold, stocks and yes also Bitcoin as it can indeed be giving a good rate of return because of its volatility. Just be careful, though.
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March 27, 2017, 02:18:10 AM
 #9105

Saving in the bank is important most especially for emergency purposes. Now, there are now banks which offered better rates. Here in my country, cooperatives are offering higher returns especially on time deposits. Now, spread your money by also buying gold, stocks and yes also Bitcoin as it can indeed be giving a good rate of return because of its volatility. Just be careful, though.

You can only do that when you have plenty of money to invest. But as ordinary people, it is hard to divide the money into smaller portions as it will also give us smaller ROI and in different times. With that said, if the capital is small, put it in one investment only or in savings only, if it is big, then that's the time to choose which one would make us feel better and satisfied with our decision.

chineseprancing
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March 27, 2017, 02:32:24 AM
 #9106

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.
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March 27, 2017, 02:33:33 AM
 #9107

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

It is better if you save into bitcoin. You know what if bitcoin continue to rise up, for sure, the interest that you can get in the bank is too small compared to the profit you can get if you save money into bitcoin.
save money in bitcoin including investment if you use fiat currency as a major. and every investment has a risk of loss so do not use all your money to invest because it is risky
Of course and no one should ever do that, we want to earn from investment but we must know the inherent risk in investing. All form of investment are risky because it requires money to make money but to be able to make a good decision, you should have the idea of the investment and calculate the risk involve.
therefore you have to do a calculation of how much money can you invest. Of course you have to see how much the risk on the investment and I'm sure the calculation is good, then it will produce great results
LimLims
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March 27, 2017, 03:04:14 AM
 #9108

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.

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Kolder
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March 27, 2017, 03:12:47 AM
 #9109

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.


But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.

boyptc
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March 27, 2017, 03:34:47 AM
 #9110

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Saving your money in the bank is not considered as investment. You are just allowing your money to be eaten by the inflation and you are lending your money to the bank at the lowest interest which is only a penny for them. I don't consider it as investment though saving bitcoin is really one to be considered as a form of investment.

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March 27, 2017, 03:42:22 AM
 #9111

Saving in the bank is important most especially for emergency purposes. Now, there are now banks which offered better rates. Here in my country, cooperatives are offering higher returns especially on time deposits. Now, spread your money by also buying gold, stocks and yes also Bitcoin as it can indeed be giving a good rate of return because of its volatility. Just be careful, though.
The rates offered is very low compared to what you can earn if you will risk your money in real investment, putting our money in banks only safeguard
our money and investors knew that. Me, I have a bank account but I do not consider the amount I earn as interest is big enough, I do focus more on
trading and investing for my earning and honestly I do save only in bank for security purpose. At least I'm sure my money is covered with deposit insurance.

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March 27, 2017, 03:52:03 AM
 #9112

Saving in the bank is important most especially for emergency purposes. Now, there are now banks which offered better rates. Here in my country, cooperatives are offering higher returns especially on time deposits. Now, spread your money by also buying gold, stocks and yes also Bitcoin as it can indeed be giving a good rate of return because of its volatility. Just be careful, though.

You can only do that when you have plenty of money to invest. But as ordinary people, it is hard to divide the money into smaller portions as it will also give us smaller ROI and in different times. With that said, if the capital is small, put it in one investment only or in savings only, if it is big, then that's the time to choose which one would make us feel better and satisfied with our decision.
If your money is sufficient (doesn't need to be millions) you could divide it in what you receive per month or something to divide it into smaller portions worthy enough into what you need. As long as it's possible, you don't have to worry about saving to invest. That's the best thing to do when you receive money.

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March 27, 2017, 03:56:09 AM
 #9113

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.


But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.

Agreed, saving big amount of money only in bitcoins involves huge risk as it can get hacked by the hackers and even if avoid that then there is always risk that the price of bitcoin can go low in future so if you have saved all money in bitcoin then it will bring negative results for you.
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March 27, 2017, 03:58:15 AM
 #9114

Putting our money on a bank can help us a lot in saving plus the benefits we could get from it. But in bitcoin, once you keep it you are just like investing because of how the price fluctuates and we know its trend is increasing. Like what happened to me last week, I was short with my budget cause of my expenses, so if I don't have any savings where can I get? That's why I don't get easily invest for a reason we can't get it instantly.

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Theb
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March 27, 2017, 05:47:06 AM
 #9115

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.


But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.
I don't think that you really earn something in a bank. Or I don't even call it as a form of investment. Right now Banks call the money you put into them as "Savings" which means that you just save your money and you don't earn anything from it. Even if they have interest the rate they are giving is too low to be considered something for an Investment.

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......Play......
mirakal
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March 27, 2017, 07:39:04 AM
 #9116

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.


But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.
I don't think that you really earn something in a bank. Or I don't even call it as a form of investment. Right now Banks call the money you put into them as "Savings" which means that you just save your money and you don't earn anything from it. Even if they have interest the rate they are giving is too low to be considered something for an Investment.
The truth is your money is subject to inflation, your money might earn interest but it's subject for inflation. Honestly, what you can enjoy in putting your money in the bank is only the security but never be satisfied with the interest you can earn as we have more opportunity if we will invest that in the crypto world or if we learn to trade as well.

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Salazarian
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March 27, 2017, 01:35:38 PM
 #9117

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.
i think investing bitcoin in alt coin is a good way of making money. if you have some experience in trading alt coin then you can really show good result in trading alt coin and can make more and more money.

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March 28, 2017, 11:49:38 AM
 #9118

Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.
i think investing bitcoin in alt coin is a good way of making money. if you have some experience in trading alt coin then you can really show good result in trading alt coin and can make more and more money.

That is true. If you bought the Ethereum, Monero or Dash in the last 6 months, you have made good profits.
yellow1
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April 03, 2017, 04:30:42 AM
 #9119

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.
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April 03, 2017, 04:46:09 AM
 #9120

It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.

I think you should save money both in banks and bitcoins as banks are safer to save our money but the only drawback is that our money will not grow in future as it can grow in bitcoins and saving money in bitcoins is also an form of investment that can give higher amount of fiat in future when price goes higher.
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