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Author Topic: Is it better to save money or invest it?  (Read 1181225 times)
erickkyut
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April 05, 2017, 06:56:49 AM
 #9141

It depends on your need. If you are after for short term goals, it is better to save it but if you want profit for medium to long term goals, the best way is to invest it. For me, if you have extra money, much better to invest it so that it can earn profit. You'll never know, after 5 to 10 years, you might have a million dollars if you will invest in compounding interest.
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April 05, 2017, 10:37:12 AM
 #9142

Of course, it depends on your needs and goals. At first, it was difficult for me to understand how to manage my money. However, I read here http://www.mantasticlife.com/mantastic-roles/ about the types of people and their roles in business and life. And I clearly realized my position and further actions.
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April 05, 2017, 11:08:05 AM
 #9143

Of course, it depends on your needs and goals. At first, it was difficult for me to understand how to manage my money. However, I read here http://www.mantasticlife.com/mantastic-roles/ about the types of people and their roles in business and life. And I clearly realized my position and further actions.

One thing I am sure about this two, they are both needed to elevate our means of living.  If we have plans and do not have enough fund for it, we can save money each time we receive our salary then if we have saved enough then we can use it for our planned investment.  And the cycle starts again.  Saving for future use and investment.
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April 05, 2017, 11:22:12 AM
 #9144

My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
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April 05, 2017, 12:14:17 PM
 #9145

Mostly I will divide my money into two because half of the amount I will save in bitcoin and rest of the amount I will withdraw them to my fiat currency because it is not a wise to save everything in bitcoin.
it is better if you also divide your money into investments. because it would increase the income you have. crops not only from the main job but also of investment. I thought it was worth a try
DoublerHunter
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April 05, 2017, 12:32:43 PM
 #9146

Mostly I will divide my money into two because half of the amount I will save in bitcoin and rest of the amount I will withdraw them to my fiat currency because it is not a wise to save everything in bitcoin.
it is better if you also divide your money into investments. because it would increase the income you have. crops not only from the main job but also of investment. I thought it was worth a try
Dividing money into different investment is a good idea because it will decrease the risk of being a loser in the end of the game because you have a lot of investments then there is a lot of possibility that you will earn money without worrying in just one investment site. But don't forget to save money also because that is what will makes you comfortable in your financial state. Do both not only one of them.
Labumi
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April 05, 2017, 01:10:58 PM
 #9147

Mostly I will divide my money into two because half of the amount I will save in bitcoin and rest of the amount I will withdraw them to my fiat currency because it is not a wise to save everything in bitcoin.

I think most people do indeed do this including me. Since we did have to save in the form of fiat and cannot do everything for bitcoin. too risky, even though we know bitcoin can be very profitable.

Very true, for we cannot forever be using bitcoin. Because of the nature of the world we are experiencing right now it can be reversed or different than before, indeed bitcoin can always profitable. But sometimes our circumstances could change or do not support the bitcoin with advantage. for example we have a sudden event and require fiat to pay all his needs, it is not possible we will issue a bitcoin to pay for it because it is not yet fully known bitcoin everyone cause sometimes they did not know or did not receive it
 
kobe24
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April 05, 2017, 04:11:56 PM
 #9148

It's better to invest it if you we're looking some good profit saving money is not a good choice. Most important is don't invest in hyip/ponzi or cloud mining sites they are all scammers

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April 05, 2017, 05:26:39 PM
 #9149

Depending on your financial situation. If you don't have some spare money you shouldn't be even thinking about investing. All investing should be done only with the money you can afford to lose.

I find an interesting quote from some book. It says: "Struggling business owners will spend time to save money, whereas successful business owners will spend money to save time. Why is that an important distinction? Because you can always get more money, but you can never get more time."
neonshium
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April 05, 2017, 05:47:04 PM
 #9150

It's better to invest it if you we're looking some good profit saving money is not a good choice. Most important is don't invest in hyip/ponzi or cloud mining sites they are all scammers
where do you invest than? I also agree that investment is much better than saving. but only if you get a right and legit source of invesment.. otherwise keep your bitcoins with you and don't even think about investment.
FasTroy
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April 05, 2017, 05:48:41 PM
 #9151

It's better to invest it if you we're looking some good profit saving money is not a good choice. Most important is don't invest in hyip/ponzi or cloud mining sites they are all scammers
If we talk about bitcoin, Investing in bitcoin in itself, it's just a good investment. because as we now bitcoin price will increase more in the future.
So about investing in cloud mining sites, I think it's just a waste of money. because a lot of them are scams. We shouldn't investing there. it's too risky. by the way there is a lot of domain to invest, for exemple trading or good project like solar mining etc..

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April 05, 2017, 06:25:40 PM
 #9152

Hahaha its not impossible that the bitcoin price goes up, because we all know that the stability of the price is not stable and change in every hour.
Yeah actually I am same with you, hoping bitcoin price goes up someday atleast reach $500, but I cant see anything that can become a trigger to make its price goes up rapidly. With Greek crisis, its price went up just around $50.

Of course is a risk, Antonopoulous always says so himself, BTC is very high risk investment, but as should you know, if you play in the high risk leave, you play in the high rewards league (assuming big losses league are included, but things look good).
I prefer to do sport gambling then, which dont need long time to get the result. Its really very risky to make bitcoin as long term investment.

I would do the same. Investing bitcoin for a short term is an good idea. And that also in gambling its like just one day investment. You have results at the end of the day, you win or loose, its a matter of luck and also the risk involved in gambling. But if luck favors than that would be the best day, and with winning amount would buy some bitcoins when price goes down  Wink
The things on which you are going to make was too risky, For me I won't do the same thing. I would just choose for investing because I know through this thing you can roll your capital is a short period of time though true it has risk involved but you can minimize it. Although, saving money in the future but the disadvantage I saw is there are time will be wasted it. But this is  just my view in it.
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April 05, 2017, 07:31:50 PM
 #9153

Mostly I will divide my money into two because half of the amount I will save in bitcoin and rest of the amount I will withdraw them to my fiat currency because it is not a wise to save everything in bitcoin.
I would invest it since Bitcoin has the high potential to grow so much. But as everyone has said you can't invest without first saving. So save a lot and then invest.

The best way to invest is using an index fund which is a kind of mutual fund that uses a popular index to find the companies most worth investment in. Your money and everyone else's is pooled together and then x percent given to each of the companies depending on how well they are doing according to the index fund.
PokerDiceMan
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April 05, 2017, 09:59:43 PM
 #9154

It's better to invest it if you we're looking some good profit saving money is not a good choice. Most important is don't invest in hyip/ponzi or cloud mining sites they are all scammers

so where is recomended bitcoin investment
majority placed bitcoin investment only cloud mining, ponzi comminity(same MMM), hyip invesment
i need placed bitcoin invesment another ponzi site

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cellard
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April 05, 2017, 11:45:28 PM
 #9155

Its never good to save money unless you are looking forward to invest that money on other things. Everything that isnt invested is waste, life is all about making some money and investing it to make even more money.
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April 05, 2017, 11:46:45 PM
 #9156

My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash
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April 06, 2017, 12:02:40 AM
 #9157

My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash

That's the great thing to do. Investing in one place is very dangerous and risky to do. Hence, we should just put a percentage into that so that we still have money for ourselves. Also, a great money management is the key in able to do that. Hence if we don't have discipline to ourselves, this won's be worth it.

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April 06, 2017, 03:09:23 AM
 #9158

My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash

you have indeed a very good strategy. people who invest all of their money will mostly regret once they loose everything. but people who invest only a specific amount of funds and save a specific amount will always be in good status.
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April 06, 2017, 03:45:09 AM
 #9159

My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash

you have indeed a very good strategy. people who invest all of their money will mostly regret once they loose everything. but people who invest only a specific amount of funds and save a specific amount will always be in good status.
Investments are risky so it's just necessary that you need to minimize the risk, there are plenty of investment opportunity
but you do not need to put all your money. You have a life and you need to survive everyday, if your investment failed you will end your life then.
That's worst, just be careful and choose investments wisely.
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April 06, 2017, 08:24:21 AM
 #9160

so where is recomended bitcoin investment
majority placed bitcoin investment only cloud mining, ponzi comminity(same MMM), hyip invesment
i need placed bitcoin invesment another ponzi site

Look, it is possible to invest bitcoin in 100% legitimate and transparent ventures and still earn a very nice income. I talk about tech start-ups, you can invest and have 60%-100% annually and still be on the safe side with your investments. You buy a share of a real young company, their business grows, you sell your share with profit.

If you hold your shares long term you can make really good money, remember Uber or Facebook? They also looked for investments 15 years ago, now they cost billions. I offer the same approach, here is a project to invest bitcoin, look at the pitch deck http://www.tiptopfund.com/product/thesyndicus/
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