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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
ashour
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May 01, 2017, 01:11:27 AM
 #9461

Yeah, I would invest in bitcoin at any time. It will pay off

The earlier you are going to invest in bitcoin the more that it will be pay off. But still don't you forget to keep on saving because that will give you a good future although by just saving your bitcoin it's already a good way to invest too.
Huh
When we say saving in Bitcoin, its automatically meant investment of fiat money in Bitcoin and is considered as investment. So I am little confuse what you trying to bring out with difference in Bitcoin investment and saving!
Well, investment is always better than saving if taken into consideration with inflation rate of the country because savings will never able to grow your money due to higher inflation rates.

But if you save your money in bitcoin then it can take care of inflation in future and saving money in bitcoin is also an investing money in bitcoins so if you put your money into bitcoins then it will take care of both saving and investment whose value will appreciate over a period of time.

Saving of bitcoin is good also as investment we all know about it but there's no gain with the quantity of bitcoin that you are saving. But the good thing about it is the price of it is moving, so whenever the demand of bitcoin is high, the price is affected and is going to give you some profit in the end depending on how bitcoins you are holding.

Its better not to keep bitcoins idle in wallet without doing anything to it and try to use them in trading where you can grow your bitcoins and increase the level of coins in your wallet as more amount of bitcoins will give you more profits in future when price will go higher.

Although it is best to invest your money rather than saving it. I don't recommend investing all your money. You should save like 30% of your capital. Just in case, your investment does not turn the way you wanted to. At least you still have some cash to bring back your loss in your investment for instance.

But, investing is the best way to grow. Just make sure to invest in legitimate sites to prevent losses. And, split your investment in different businesses. " Do not put all your eggs in one basket", always remember this.

Agreed its never smart to invest all your money in a single product as if it fails in future then you will be left empty handed and will become hard for you to recover your loss so investing at multiple places will always give you an opportunity of recovering your loss if either of any investment goes wrong in future.
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May 01, 2017, 01:32:48 AM
 #9462

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.


I agree with you, you need to invest to earn a little profit on the amount you have been invested. You may also keep it, but bitcoin when the price is low and save it, as time passes by as bitcoin value started to increase the amount you have been save will increase as well.
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May 01, 2017, 01:41:58 AM
 #9463

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.


I agree with you, you need to invest to earn a little profit on the amount you have been invested. You may also keep it, but bitcoin when the price is low and save it, as time passes by as bitcoin value started to increase the amount you have been save will increase as well.
Investment should be only a percentage of your profit and the rest are for your expenses and savings. In terms of investing, bitcoin is good yet you may try altcoins also specially those coins which has a potential to increase its value hugely.

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micher143
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May 01, 2017, 02:06:54 AM
 #9464

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving is just like investing with bitcoin but the difference is the risk and the time because when you use saving you have low risk but long time to wait for a huge earning but when you go in investing high risk but high earning in a short time so it is you to decide whether you will go for that two but for me the lower the risk the better so I will go for saving so how about you? It is for yourself to decide.
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May 01, 2017, 02:15:45 AM
 #9465

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.


I agree with you, you need to invest to earn a little profit on the amount you have been invested. You may also keep it, but bitcoin when the price is low and save it, as time passes by as bitcoin value started to increase the amount you have been save will increase as well.
Investment should be only a percentage of your profit and the rest are for your expenses and savings. In terms of investing, bitcoin is good yet you may try altcoins also specially those coins which has a potential to increase its value hugely.
When you invest you need to learn how to diversify, investing in altcoin is one way of diversifying your investment, others may think that it's risky but if you will take time to study, you will find good altcoins that is worth for your long term investment. For me, aside from bitcoin, I will love to invest long term in ether also, I believe it will reach at least $100 this year.

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May 01, 2017, 09:10:29 AM
 #9466

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.


I agree with you, you need to invest to earn a little profit on the amount you have been invested. You may also keep it, but bitcoin when the price is low and save it, as time passes by as bitcoin value started to increase the amount you have been save will increase as well.
Investment should be only a percentage of your profit and the rest are for your expenses and savings. In terms of investing, bitcoin is good yet you may try altcoins also specially those coins which has a potential to increase its value hugely.

At first everyone should concentrate of consolidating their primary source of earning. Let that be any profession, part time job or business. Now they should divide the income into savings, expenses and investing depending on their own personal choices. Someone might want to save money for future while others might have a higher daily expenses. Investments are there to earn you side earnings and not the primary source of earnings. They should be reinvested in future to make up for losses and then saved and invested again.

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May 01, 2017, 10:17:48 AM
 #9467

Best thing to do with your money is to invest it, instead savings it in somewhere, why not make your money works for you. investing is one way of making your dream come true. make time for your investment and enjoy the benefits of it later on.
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May 01, 2017, 10:48:52 AM
 #9468

Best thing to do with your money is to invest it, instead savings it in somewhere, why not make your money works for you. investing is one way of making your dream come true. make time for your investment and enjoy the benefits of it later on.
i think those people who have good income from business or any other source then they like to save their money as they can get good amount of money from other methods. but for those people who do not have any other source of income then they should invest their money in a profitable business so as to get some additional income which can solve your economic problems, and can help us fulfilling our needs.
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May 01, 2017, 11:04:59 AM
 #9469

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to save online specially when you put your money in such a coin where in you do savings and investing at the same time without the risk of being scammed or being hacked since every wallet is secured becasue there are two factor security which is very effective to keep the hackers away.
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May 01, 2017, 12:22:02 PM
 #9470

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to save online specially when you put your money in such a coin where in you do savings and investing at the same time without the risk of being scammed or being hacked since every wallet is secured becasue there are two factor security which is very effective to keep the hackers away.

Well every coin can be hacked if you have a diligent hacker. I think that's the downside for most things you do online nowadays. If I have the money, I'd prefer real estate because for me among the three this is the safest and it has been proven a lot of times that a property is one of the best investments that you can have

 
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May 01, 2017, 02:28:42 PM
 #9471

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is much better to invest than saving money, although I'm not saying its bad, of course not. it is just in investing you can get profit in ashort period of time unlike in saving money, it is not but in saving it is very safe than in investing.

Yeah saving it on the bank will gain you but it's very low, it's like you save $1,000 there and you'll earn $1 or $10 if I'm right. But it's good to save some money in the bank because that will tell you on how wealthy you are and that is something needed by everyone of us. And if your focus is earning at this moment, then go invest.
It's better because the risk is almost nonexistent. Saving in the bank will be the way out if you do not dare to invest. But want to benefit from save. You can keep all your money in the bank

If you are going to keep all your money in the bank, you might miss a lot of chance to grow it more. Because if you will just let your money sleep in the bank you can grow almost nothing as the interest that is going to give you by the bank is not that big. You can save some of it in the bank and invest it to some profitable investment.

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May 01, 2017, 02:32:56 PM
 #9472

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is much better to invest than saving money, although I'm not saying its bad, of course not. it is just in investing you can get profit in ashort period of time unlike in saving money, it is not but in saving it is very safe than in investing.

Yeah saving it on the bank will gain you but it's very low, it's like you save $1,000 there and you'll earn $1 or $10 if I'm right. But it's good to save some money in the bank because that will tell you on how wealthy you are and that is something needed by everyone of us. And if your focus is earning at this moment, then go invest.
It's better because the risk is almost nonexistent. Saving in the bank will be the way out if you do not dare to invest. But want to benefit from save. You can keep all your money in the bank

If you are going to keep all your money in the bank, you might miss a lot of chance to grow it more. Because if you will just let your money sleep in the bank you can grow almost nothing as the interest that is going to give you by the bank is not that big. You can save some of it in the bank and invest it to some profitable investment.

Saving some part of your funds in banks is a good way to keep your money safe but you should not forget the fact that your money will never grow by saving it in banks and if you want to grow your money then you should take a risk of investing in different projects after doing a good market research.

 
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May 01, 2017, 02:54:10 PM
 #9473

I thing the best way is invest in real estates, its unusual that a property like a house or an apartment drop down his price in the market, so i suggest you to invest in a real estate my friend.

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May 01, 2017, 07:19:55 PM
 #9474

I think is better invest in real estate or save bitcoins and sell it in the future, in my personal opinion always is a good invest the real estates.

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May 01, 2017, 07:22:12 PM
 #9475

I think is better invest in real estate or save bitcoins and sell it in the future, in my personal opinion always is a good invest the real estates.

Real estate will require huge capital to invest as we know the price of land or apartments are on its peak at a moment and that may not be possible for an average investor to invest in it as he will definitely fall short off the capital.
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May 01, 2017, 08:00:29 PM
 #9476

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.


I agree with you, you need to invest to earn a little profit on the amount you have been invested. You may also keep it, but bitcoin when the price is low and save it, as time passes by as bitcoin value started to increase the amount you have been save will increase as well.
Investment should be only a percentage of your profit and the rest are for your expenses and savings. In terms of investing, bitcoin is good yet you may try altcoins also specially those coins which has a potential to increase its value hugely.

At first everyone should concentrate of consolidating their primary source of earning. Let that be any profession, part time job or business. Now they should divide the income into savings, expenses and investing depending on their own personal choices. Someone might want to save money for future while others might have a higher daily expenses. Investments are there to earn you side earnings and not the primary source of earnings. They should be reinvested in future to make up for losses and then saved and invested again

How can you consolidate your primary source of earning?

Does it mean that you should drop all your side jobs? And what's next then, you get fired from your major (then only) job in the end? Side jobs in life are the same as diversification in investments ("never put all your eggs in one basket" and all that stuff). People go for side jobs not for the fun of it, but mostly because they don't earn enough or want to earn more exactly for the purpose of "investing depending on their own personal choices". I'm curious whether you wrote this post yourself or copy-pasted it from somewhere?

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May 01, 2017, 09:27:08 PM
 #9477

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.


I agree with you, you need to invest to earn a little profit on the amount you have been invested. You may also keep it, but bitcoin when the price is low and save it, as time passes by as bitcoin value started to increase the amount you have been save will increase as well.
Investment should be only a percentage of your profit and the rest are for your expenses and savings. In terms of investing, bitcoin is good yet you may try altcoins also specially those coins which has a potential to increase its value hugely.

At first everyone should concentrate of consolidating their primary source of earning. Let that be any profession, part time job or business. Now they should divide the income into savings, expenses and investing depending on their own personal choices. Someone might want to save money for future while others might have a higher daily expenses. Investments are there to earn you side earnings and not the primary source of earnings. They should be reinvested in future to make up for losses and then saved and invested again

How can you consolidate your primary source of earning?

Does it mean that you should drop all your side jobs? And what's next then, you get fired from your major (then only) job in the end? Side jobs in life are the same as diversification in investments ("never put all your eggs in one basket" and all that stuff). People go for side jobs not for the fun of it, but mostly because they don't earn enough or want to earn more exactly for the purpose of "investing depending on their own personal choices". I'm curious whether you wrote this post yourself or copy-pasted it from somewhere?
yes in modern time the need of all the people are increasing for spending a standard life people cannot relay only on  one job, they need to join a part time job. or to start a small part time business from where they can get some amount which can help them in controlling their needs. as from one job the needs and wishes of a person cannot be completed, therefore they need to start another job or part time business.
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May 01, 2017, 09:30:49 PM
 #9478

I want my money to grow in long term so I will take a risk of investing my money in bitcoins as if price of bitcoin reaches to the moon in future then it can directly make me rich so I will prefer to take risk of investing huge money in bitcoins.
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May 02, 2017, 08:10:21 AM
 #9479

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is better to invest online, compare to any other else.  Like in bitcoin industry you can invest your capital in signature campaign through buying to their ico or you can invest in the exchange sites to buy some altcoins to do some trade.
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May 02, 2017, 09:00:29 AM
 #9480

I want my money to grow in long term so I will take a risk of investing my money in bitcoins as if price of bitcoin reaches to the moon in future then it can directly make me rich so I will prefer to take risk of investing huge money in bitcoins.

Undoubtedly, you need to invest in bitcoin for profit in the future, but you need to remember the risks and do not put all the money in one basket.
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