Is it better to save money or invest it?

[marcuslong]

I've realize something that even you save your money depends on where you put it through bank or you're going to exchange that into bitcoin if you do that it is like your investhing for profit too while you thinking for the better one again which is trading  every loves to earn and no one wants to lose either piece of profit maybe you're just thiming too much that you can't if you believed on your self you can what ever you want in your money to earn money.

[Seeker01]

Saving your money is really good, but investing money is much better. When you want to make money dont go for savings instead take more risk and invest your money. the higher the risk the higher the profit would be, study investing and make more money. Though saving assure you liquidity when time of calamity.

[btcjocan]

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

much better to invest bitcoin/altcoin it is because they are volatile where we trade them both in the exchange site platform.
And it has a brigther future too and very potentials to invest in.

Yes it has a brighter future I guess because as you save your money you are doing an investments for it. Saving your bitcoin money in your wallet for several months or weeks has a bigger potential of profit when it comes to a moment price will generate higher price movement up to the top. You can appreciate the goodness of your investments in savings, and beware of promising projects who offers investments without any reliable sources of background check at good reputations; they are scammers. Holding your btc is the right actions to do and you won't be hopeless because your profitable earnings in the future is worthy to treasure of.

[batang_bitcoin]

As a rule, money saved in the bank is money you are losing. Because of inflation, money you have now will be worth much less within a year or so, and the interest in bank savings account can't keep up with the inflation rate. The only thing banks are good for is keeping liquid money. Other than that, find growth elsewhere.

And with you money in the bank, they are the one who benefits from it. Because they are using it for loan offers and the interest you will be earning from them is only a centavo coming from the profit they made. When you have saved money, its also good that do some investments like bitcoin.

Its not a good idea to invest it in bank it takes a lot of time before you can gain interest i think yearly before you can gain profit and it is only good if you can invest a lot of money..
but for me everything in investment has risk so better to invest it in bitcoin and save for a long time and sell them in a good time where the price of bitcoin is high..

It's a good idea if you have a lot of investments, it's like an additional investment for you. But you need to know that you don't have to complete rely with this investment. As you said, before you can gain interest it will take a lot of time. They are good from safe keeping and storing your cash.

[Ziskinberg]

Saving your money is really good, but investing money is much better. When you want to make money dont go for savings instead take more risk and invest your money. the higher the risk the higher the profit would be, study investing and make more money. Though saving assure you liquidity when time of calamity.

So you will not miss the opportunity in the future you need to learn how to save, we are all saving for a purpose because if we do not have any, it's useless to save and we cannot enjoy our own money. Saving will minimize your risk exposure but everyone wants to have more therefore choosing to invest at the same time is necessary, it is timely now that the crypto currency economy is growing, hence we should be buying these precious coins for our future as our investment.

[qiwoman]

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone. You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

[ocid]

Saving your money is really good, but investing money is much better. When you want to make money dont go for savings instead take more risk and invest your money. the higher the risk the higher the profit would be, study investing and make more money. Though saving assure you liquidity when time of calamity.

Indeed by the way we save means we can save without spending the money we have but investing much better than we just save it because by way of investment bitcoin we have the amount will be increased than we just keep the bitcoin we have value will not increase .

[Zooplus]

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone. You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

Exactly, therefore do not put all your money in the bank and don't think of an interest income because it is not enough to give you a
good earning. Your way to increase your income faster is to invest, where?
You do not need to go anywhere, cryptocurrency economy is very progressive, just invest by buying then hold it.

[wildflower18]

Saving money in an online bank is also good but the interest is too small. So I would choose invest online as your money will grow. Like im bitcoin, I invest, buying and hold it. As I beleive it will grow daily and I can earn profit.

[eann014]

If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.

[Sled]

If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.

There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.

[Butchick]

I guess both should be done. I mean we all need to save money and at the same time invest so our money will grow. We need to save since we can't just invest All our money. At the same time, as much as possible, we also have to invest a certain amount depending on our ability to take a risk in investment so that we will also have financial growth. Banks give a very low rate in savings accounts so if we will just save it in banks, there is little growth in our money.

[senyap101]

I think it depends on the situation though you need to do both at the same time because you never know what will happen in your country.. Investing too much without saving may causr you to lose most of your investment and not having money left while if you save too much money and not investing.. well you never know what will happen to the value of that money in the future

[JofryTheKing]

I think it depends on the situation though you need to do both at the same time because you never know what will happen in your country.. Investing too much without saving may causr you to lose most of your investment and not having money left while if you save too much money and not investing.. well you never know what will happen to the value of that money in the future

I agree with the opinion that you need to unequivocally take 50 to 50 And if you can invest, then invest half, and save the second half. So you can even approach the Bitcoin implementation problem solution. In one case, you save for the future and in the other you can multiply their number.

[ladydark]

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

Saving money in banks would give only small interests.
Investing in real estate would give good returns but it depends upon the area of investment.
Investing in gold is secure but it would not give huge returns.
So the only ultimate choice is Bitcoin which is secure and at the same time,it would give very high returns.

[ss890]

For guy like me it seems that saving is better option as i have started recently with bitcoin tech.  Im hoping saving will work as people are saying all over the forum. I read that bitcoin can get hike in the future like never before.  I have read that bitcoin can increase upto 10K price without any glitch.  Im wishing to invest for this reason in the bitcoin to secure my future.

[Love!]

You know what I like about this forum? 514 pages and 2 years since it started, the replies are still on track. No thread drift. Amazing.

I'm partial to real estate investing over bank saving. But yes, you have to choose your location carefully and based on whether you want a long term or short term investment.

[merchantofzeny]

As a rule, money saved in the bank is money you are losing. Because of inflation, money you have now will be worth much less within a year or so, and the interest in bank savings account can't keep up with the inflation rate. The only thing banks are good for is keeping liquid money. Other than that, find growth elsewhere.

And with you money in the bank, they are the one who benefits from it. Because they are using it for loan offers and the interest you will be earning from them is only a centavo coming from the profit they made. When you have saved money, its also good that do some investments like bitcoin.

The interest is pretty much non-existent. They are earning way more from lending your money to other customers. You only get a few cents - pretty much nothing is left when they also charge their holding fee.

The only benefit you get from storing your money there is that is money you can quickly take out (liquidity) unless the gov't or bank have some problems (like what happened in Greece). Having some amount of money in there allows you to use a credit card, from which your credit score would be based for car and home loan. Other than that, you'd rather not give them your savings.

[Seeker01]

If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.

There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.

Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.

[icecube45]

If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.

There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.

Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.

Yes it is true to save money in the bank in the long term is not good because it will drain our money little by little. Investing money can make our money grow and avoid inflation, this will make a profit in the future. While investing is risky but we can minimize the risk so it is safe, so as you say life is risky and we must dare to take that risk to be successful.