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Author Topic: Is it better to save money or invest it?  (Read 1181219 times)
SilverPunk
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July 06, 2017, 03:29:33 AM
 #10301

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.
I dont clearly get your point .however in investing it is different from saving or buying the things that we need .Investments has a big risk .If you do saving your money will only earn small amount and you need more time to wait for it to have a big profit .

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July 06, 2017, 03:29:46 AM
 #10302

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.
Saving alone will not make you secure in the future, our expenses are increasing therefore we also need to learn how to grow our money.
Investing is the key to solve that worries in the future, we must learn to take risk because that is the way to achieve financial freedom, money gives us power and will give us a chance to enjoy this life and since we only live short we need to live to the fullest and without money it seems like it's impossible.

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July 06, 2017, 07:25:40 AM
 #10303

With the current market research it is better to save up some bucks in the form of bitcoin for cold storage. The market seems to be rising a lot these days so it is good opportunity to earn bitcoins interest rate at higher side. I believe investing into it will not result that much of the interest as it is already moved a bit high. Better to save it.

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July 06, 2017, 08:03:44 AM
 #10304

Invest dude. Bitcoin is the only thing in the world which can be invested at any time and it will still benefit you with its magic a lot. I am long time into bitcoin which makes more comfortable to invest into bitcoin. The long run investment are even better in case of bitcoin which means the more the time you spend the more you will get return from your bitcoin investment.


 
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bebejhen
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July 06, 2017, 09:31:53 AM
 #10305

For me, it's better to save it than invest it to something you're not sure of. But still it depends on how you will invest it. You can invest it to your own business so that you can make more money and save it. It depends how you use or understand the word invest. You save money, invest it by making own business then save the money again. Then that's the time to invest it in anything you want. Make sense?
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July 06, 2017, 09:39:31 AM
 #10306

Invest dude. Bitcoin is the only thing in the world which can be invested at any time and it will still benefit you with its magic a lot. I am long time into bitcoin which makes more comfortable to invest into bitcoin. The long run investment are even better in case of bitcoin which means the more the time you spend the more you will get return from your bitcoin investment.


Invest is definitely one of the things that you need to do when you have money already. If you think about it, Bitcoin has been one of the wildest and best investments that I have not just with money but with the time I spent learning it and understanding what I could do with it. It's definitely a blessing that we've encountered this. Of course, you need to save first then after saving, you invest, like what Warren Buffet said, save to invest.

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July 06, 2017, 09:49:05 AM
 #10307

For me, it's better to save it than invest it to something you're not sure of. But still it depends on how you will invest it. You can invest it to your own business so that you can make more money and save it. It depends how you use or understand the word invest. You save money, invest it by making own business then save the money again. Then that's the time to invest it in anything you want. Make sense?
Saving money will not take you anywhere because of its slow process of making money because in fact, you are not making money when you save, you are just adding some money from your savings and it is not a wise move for an entrepreneur. You should do both and not depend on one because it is not a safe move or action, if you want to have a financial security then you need them both.
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July 06, 2017, 11:03:43 AM
 #10308

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.

I don't have any choice of what is better. For me, both things are good. In saving, it will generate profit to you but the interest in the bank isn't too big. And in investing just like the saying, let your money work for you. But you need to look for what's going to fit you.

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July 06, 2017, 11:19:49 AM
 #10309

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.
If you do not have good financial management by using only money for spending only. I'm sure you'll be confused when you have no money and deseperate because you do not have a stash of money and then you are confused and panicked Maybe it will mess up everything, Save is important
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July 06, 2017, 12:26:37 PM
 #10310

Better money that is not in use better invested, because of investing can make our money increases, the money invested will be in use for in the future.
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July 06, 2017, 01:16:48 PM
 #10311

better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation
Yes I agree, saving it in the bank will just lose its value. He's right, invest it in bitcoins which is a very successful coin that rises it value everytime. Gold is a good investment though but rather than that bitcoin is worth the risk and less hassle than gold.
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July 06, 2017, 02:31:23 PM
 #10312

Better money that is not in use better invested, because of investing can make our money increases, the money invested will be in use for in the future.
Saving money is so useful in the future, but if you want to add it, it's better to invest, because with it, the money you have may increase, maybe both so useful in the future.
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July 06, 2017, 02:41:03 PM
 #10313

I wouldn't suggest to save money in banks cause there are a lot of hidden fees that they might been using to steal your money. Centralized fiat currency are designed to slave you from debts and it is over regulated and over rated while the decentralized digital currency that is bitcoin is free from oppression,exploitation and tyranny from the bankers. You should invest all of your cash in bitcoin cause this coin has the potential to have great value than gold and dollars in the next 20 years it's current price is around $2700 and now considered as safe haven for investors.

Agree. Banks are greedy and they make money from you with their hidden fees and deductions. In contrast, with Bitcoin and other cryptocurrencies, you not only get lower fees, but also faster money transfers, no middlemen, and no central point of failure. In addition, you get better rates when staking cryptocurrencies than saving your money in a savings account at a local bank.

With Bitcoin, your holdings will turn out to become more valuable over time, as it is a rare asset with a limited supply. Best of all, it has a deflationary model unlike traditional fiat currencies, leaving it potential for growth in the long term.

While nowadays, we cannot only depend on Bitcoin for our daily needs as banks are still necessary, I believe that this will change as cryptocurrrencies become more popular over time. Just my thoughts. Grin

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July 06, 2017, 02:45:44 PM
 #10314

Better money that is not in use better invested, because of investing can make our money increases, the money invested will be in use for in the future.
Saving money is so useful in the future, but if you want to add it, it's better to invest, because with it, the money you have may increase, maybe both so useful in the future.
I'd rather invest my money because i believe that investment is the best thing to do of a person if he want to be rich and if he want to get money without working and letting his money to work for him because investing is like hiring a worker and it is one of the most efficient way to get more money and also be rich in the future if we will just be consistent in investing.
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July 06, 2017, 02:47:09 PM
 #10315

Should be invest than saving your money in a bank. Investing in a company ,in an altcoin can give you higher income ,and when you invest your earnings it give you x3 on your recent profit.
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July 06, 2017, 02:54:42 PM
 #10316

Putting your money in a bank will be in a secure place, but it will not give you any earnings by doing it. Investing would be a good choice to start and a way to be rich someday.

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July 06, 2017, 03:20:43 PM
 #10317

Putting your money in a bank will be in a secure place, but it will not give you any earnings by doing it. Investing would be a good choice to start and a way to be rich someday.
Yes, save in the bank doesn't give you an interest yet just store your money to bank. But with Bitcoin you can get the interest from the fluctuation so that's a good idea for long term investment and also for better income you can invest your bitcoin on trading or ICO

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Proton2233
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July 06, 2017, 03:26:59 PM
 #10318

For me in this thread, there is not any question. Of course to invest money will always be more profitable. Only you should be able to do it. If you have no experience in investing you will most likely lose their money. Therefore bitcoin for this purpose is the best choice. While everyone who uses it receives interest and is a win-win. How long it will last is not known, therefore, I take this opportunity now.
unusualfacts30
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July 06, 2017, 03:29:09 PM
 #10319

Invest, saving money is not very smart. You need something you can sell later on like real estate, gold, bitcoin, anything that you have under your control. Problem with saving money in the bank is that you don't earn that much interest.

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bitllionaire
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July 06, 2017, 04:56:26 PM
 #10320

Invest, saving money is not very smart. You need something you can sell later on like real estate, gold, bitcoin, anything that you have under your control. Problem with saving money in the bank is that you don't earn that much interest.
investing give you a good profit that we cannot expect from any other source. saving is good for future but it cannot give you profit. i think those people who will invest money although they are taking risk but their money will remain as safe there.
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