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Lieldoryn
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July 04, 2017, 11:14:23 AM |
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It seems to me that the best option is to choose the amount you are willing to lose and do the exchange to trade coins just for this amount. All the income you can translate into gold or Fiat money. Then you will have income and will not lose all your savings under any circumstances.
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streazight
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July 04, 2017, 12:54:10 PM |
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In my opinion, I would prefer to invest. Why? Because with us invest our funds will always increase from time to time
If i were you i will do both because if you don't have savings then you might get bother by an emergency and you will end up selling your portfolio or investment then cashing it out and starting investment again. If you have both savings and investments you can easily feel safe and comfortable because it is not that hard for you to get losses from investments because you have savings. Bitcoin is even safe to invest into even when you do not have saving. That is mainly due to the fact that bitcoin has always delivered profit to its investors whether it be any time period. From a few dollars eight years ago it is valued to more than two thousand dollars. Also as more people invest into bitcoin, the value of bitcoin increases. |
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Yudai
Full Member
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Activity: 212
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
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July 04, 2017, 01:57:21 PM |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest money online if you want to make it grow and you don't need it for your everyday's needs. However if you are going to store your money for emergency purposes/financial support, it's better to store in banks. For easier decsion, divide your money into two and place half for investment and another half for banks savings. |
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HeRetiK
Legendary
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Activity: 2926
Merit: 2091
Cashback 15%
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July 04, 2017, 02:03:39 PM |
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Bitcoin is even safe to invest into even when you do not have saving. That is mainly due to the fact that bitcoin has always delivered profit to its investors whether it be any time period. From a few dollars eight years ago it is valued to more than two thousand dollars. Also as more people invest into bitcoin, the value of bitcoin increases.
Bitcoin has had an excellent run so far, but there's still risks involved, don't sugarcoat that. Never invest more than you can afford to lose. Even assuming that Bitcoin will always recover, a long bear market may still be your downfall if you don't have any other reserves that you can rely on. |
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Rufsilf
Sr. Member
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Leading Crypto Sports Betting & Casino Platform
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July 04, 2017, 02:28:34 PM |
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Invest your money into something like bitcoin because investing in bitcoin is just like saving money which will help you to get more money and also grow your money at the same time. So if you want to save and invest at the same time then you just need to know how to invest or buy some bitcoins from exchanges and keep it on a safe place then you just need maintain the security for your account then you can get more money after a long time.
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Pleione527
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July 04, 2017, 02:33:48 PM |
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If you are into higher return better invest your money but then there is also a higher risk of failure in investment while saving money in the bank will only generate low income but has lower chance of failure...or if you want to be sure that your money will generate income better do both
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Vohoanghiep111
Newbie
Offline
Activity: 16
Merit: 0
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July 04, 2017, 03:38:46 PM |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
There are two choices for you: - Invest in high risk Bitcoin while making big profits - Investment in banks, gold, stability, interest rates increase periodically, no mutation, no scam, ... |
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wantjokull
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July 04, 2017, 03:45:31 PM |
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That's your money and it's your own decision where to keep it. If I would have in place of you then I will probably save my money in the form of bitcoin. Banks won't give you that much interest rate as bitcoin would give to you. Gold is not an option for me, I feel it very tight investment and I don't find it very secure. That's just personal experience which can be different for you.
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Ewinsane
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July 04, 2017, 08:05:31 PM |
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Definitely, investment is the best policy to utilize your money properly, if you want to save money then it will be a asset in the future but if you want to invest your money then your asset will be double in the future, it is true that money begets money.
So investment can make your money fully utilized.
If you want your money to work for you then only investment will allow you to do that but saving money is also important as it will only take care of you in rainy days and in the time of emergencies so you should manage to have good balance between both of them. Yes that what financial advisers always say. To let your money work for you because it will help you to be financially independent as time goes by. But first as they say, you need first to have emergency funds about six to eight months of your salary. And then you could invest on mutual funds, uitf of the banks, and buy some stocks in the market. The greater the risk the greater the gain they say. Yes this is a great idea of having some funds which can help you in the bad time or in case if you need them in an emergency or some other sort of support which money can provide you at the time when needed. The greater the risk the greater the greater the profit is a common practice of the economics but one should take the risk as much as bearable. |
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rhamzter
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July 04, 2017, 08:47:20 PM |
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Savings is the basically doing of all people to hold or to maintain their money for long term. However investment is taking risk to increase our income, both of this is pretty good but saving of bitcoin is the best way maintain bitcoin in your pocket.
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Pattberry
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July 04, 2017, 11:08:47 PM |
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It seems to me that the best option is to choose the amount you are willing to lose and do the exchange to trade coins just for this amount. All the income you can translate into gold or Fiat money. Then you will have income and will not lose all your savings under any circumstances.
You are in a crypto currency forum and you are advising to invest in gold and fiat.  If you are able to spend time to study the coin and their development team and if you are able to follow their developments then investing is a good lucrative option. |
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Potchi
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July 05, 2017, 12:07:02 AM |
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if some one has little to no experience with investing they are better off contacting some who knows exactly how everything works.
investing is risky which means if you invest it in the wrong industry or wrong in a wrong way you might end up with a huge loss.
It's better to be saving first your money before doing anything and if ever you had saved enough that's the time you could invest of do anything you want with it. |
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vohoanghiep55
Newbie
Offline
Activity: 14
Merit: 0
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July 05, 2017, 03:33:01 AM |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investing in real estate is a wise choice as more and more people are demanding housing Investing in gold is too safe, profit is not high because gold prices are always stable Investing in Bitcoin or money online is a bold choice, it can increase or decrease but for experienced people, they always recognize when to invest |
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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July 05, 2017, 05:10:26 AM |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investing in real estate is a wise choice as more and more people are demanding housing Investing in gold is too safe, profit is not high because gold prices are always stable Investing in Bitcoin or money online is a bold choice, it can increase or decrease but for experienced people, they always recognize when to invest Any kind of investment that is profitable is always good but you have to consider investor's capacity to invest since now all people has a decent capital to go with real state and gold investment but with bitcoin any amount will be possible. |
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KroFly
Full Member
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Activity: 243
Merit: 100
Blockchain with solar energy
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July 05, 2017, 12:45:36 PM |
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It is better to invest, because the money will work and make a profit. Of course there are risks, but this is better than the money will simply lie and can depreciate.
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Sled
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July 05, 2017, 01:19:01 PM |
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It is better to invest, because the money will work and make a profit. Of course there are risks, but this is better than the money will simply lie and can depreciate.
Yes let your money work for you, investing will become a very big help for a person because that investment will help the person to grow his money or have a passive income which what most of the people are wanting to have. Investing will assure your future money also because it is like a worker for you and money never stop working as long as they are invested. |
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Amatir
Newbie
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Activity: 42
Merit: 0
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July 05, 2017, 09:32:50 PM |
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If we see from rising prices may be suitable bitcoin used as an investment because it will be more profitable but we also must be alert because every investment product contains risks and you must seek information before deciding the investment decision. Past performance does not reflect future performance.
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strontiumsane
Newbie
Offline
Activity: 20
Merit: 0
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July 06, 2017, 01:21:59 AM |
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The purpose of money is to spend it, just do it in a clever way. Saving it helps when you aren't sure for something bigger.
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crwth
Copper Member
Legendary
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Activity: 2758
Merit: 1251
Try Gunbot for a month go to -> https://gunbot.ph
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July 06, 2017, 01:40:25 AM |
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The purpose of money is to spend it, just do it in a clever way. Saving it helps when you aren't sure for something bigger.
What bigger are you talking about? There are a lot of ways that you could use the money for the benefit of yourself, something better to do with it. It's better to have a safety money amount that will cover yourself for at least 3 months if you haven't got a job or work. Better to be safe than sorry. |
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ankit10
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July 06, 2017, 03:00:27 AM |
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The purpose of money is to spend it, just do it in a clever way. Saving it helps when you aren't sure for something bigger.
This is not only the purpose of money, to just spend it. Everyone should save their money in different places and almost everyone saving their money, but not you. Saving is not mean that you definately face some problem then you can use that money. Saving money satisfy the human mind and they feel secure future. |
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