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Author Topic: Is it better to save money or invest it?  (Read 1181168 times)
risk91
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July 08, 2017, 05:38:48 PM
 #10341

It depends on individual to individual. Higher the risk higher the return. You need to decide where do you want to see yourself down the lane. In case you just a good life, go with saving but if you want to spend lavish life, it isn't late invest in bitcoin.
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July 08, 2017, 07:09:04 PM
 #10342

Investing is better if you have the knowledge and the skill to do it.
Or else you'll just lose everything and it would be such a waste..

Saving though just make your money sit.
+inflation your money is not growing even with that low interest rate.

Just choose where you are comfortable.
But if it's me I'd rather invest.

There's a lot of investments that are solid and that are much better than just saving
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July 09, 2017, 07:03:19 AM
 #10343

I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
I think it is also depend in where will you invest your money to gain profit because sometimes investing cannot help if you invested your money in a wrong way. Maybe if you really have a lot of knowledge in investing it is really good to invest to earn profit.
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July 09, 2017, 07:29:12 AM
 #10344

I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
I think it is also depend in where will you invest your money to gain profit because sometimes investing cannot help if you invested your money in a wrong way. Maybe if you really have a lot of knowledge in investing it is really good to invest to earn profit.

A good investment and have a chance to get a profit of course in need of a basic knowledge of investment.
Whether storing bitcoin in a personal wallet is a good investment move while storing bitcoin certainly does not need a bit of knowledge about bitcoin investment?
Please give your explanation
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July 09, 2017, 07:54:33 AM
 #10345

It depends on individual to individual. Higher the risk higher the return. You need to decide where do you want to see yourself down the lane. In case you just a good life, go with saving but if you want to spend lavish life, it isn't late invest in bitcoin.

Actually bitcoin should not be the only option for investments even for the people using bitcoin from a long time. Though we all know bitcoin has brought a revolution in online currencies but still we should always be looking for other options in case if we needed to change our direction so we should not stuck in just one place.
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July 09, 2017, 10:19:59 AM
 #10346

It depends on individual to individual. Higher the risk higher the return. You need to decide where do you want to see yourself down the lane. In case you just a good life, go with saving but if you want to spend lavish life, it isn't late invest in bitcoin.

Whoah i don't think anyone whi invests in bitcoin wants to have a lavish lifestyle. People who think of both investing and saving usually are ones who value money and would rather spend it wisely on important things. I think these people you're talking about are those that would prefer to make easy money like gamblers.

Actually bitcoin should not be the only option for investments even for the people using bitcoin from a long time. Though we all know bitcoin has brought a revolution in online currencies but still we should always be looking for other options in case if we needed to change our direction so we should not stuck in just one place.

 
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July 09, 2017, 11:05:14 AM
 #10347

It could be both. Saving money in a bank and investing it are equally good and bad. Banking might seem more secure but you only lose in the long term because of the high inflation rate taking place. Additionally, investing in the wrong area is also bad. I'd rather invest than to save in a bank, and I'd rather invest in both gold and bitcoin.

  Although this topic already has a lot of answers, I will give my opinion too and I quoted you cause we have similar way of thinking about
this topic. Both have their pros and cons, what suit one person is a nightmare for other.
   The answer depends on goals and financial situation, investing can be a great way to get more from your money, but it’s not for everyone.
For many people it is better to save and do nothing, then to risk and lose everything.
Well it depends on how much aware you are about the system. Are you predicting or not do u know the ups and downs etc. if you know these things then it’s not a problem to save or invest. You can buy and hold for a higher rate or you can invest as an exchange. One more thing bit coin is a stable thing so I don’t think it’s a threat.
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July 09, 2017, 01:36:19 PM
 #10348

Is it better to save money in bank or invest it online, in real estate or maybe gold?
In my own opinion you should do it both, you can invest half of your money on online and you can save the other half of your money so it is much safer if you invest it. But you can still invest all of your money in online so your money will grow much bigger.

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July 09, 2017, 01:57:52 PM
 #10349

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

Well it is your choice. You can trust a bank to save some money and keep some money at home. But if you think , you need to double/increase you money you are free to invest it but then you have to be aware to the possibilities in investing Smiley Be a risks takers anyways Smiley
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July 09, 2017, 02:10:38 PM
 #10350

Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
Yes, I agree with what you say, it's better to invest the funds you have with it will increase the income you earn, and also I think you should start trading because it will increase income quickly, and as well as you learn how to trade what Must minimize is the risk that will happen, so you can avoid the risk, menyipan funds that I think good but as you say the funds will remain at par.
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July 09, 2017, 03:43:57 PM
 #10351

Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
I also will not miss the investment, I will certainly invest my money because with investment my wealth can grow faster besides my day job but does not mean I'll use all my money to invest and abandon the save plan? Of course I also have a plan to saving
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July 09, 2017, 04:13:47 PM
 #10352

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

But its too risky bro. You can't expect that you would win everytime, no doubt if you win you are the king, but if you loose, you loose everything in a single day. It is better to have better and safe investment which can give respectable amount of profits.

Why so negative about taking risks? If a person has money he doesn't mind gambling with, he should. I don't really believe in safe and secure investments anymore, our investments are a risk too, always. If we didn't take a risk, the only thing we would be investing in would be government bonds. Gambling is not bad always, once in a while its nice.
Yeah once in a while then after a few days or weeks you will be addicted  to gambling and until you won in that way you will do it again and again, and if you lose some of your money you will talk to your self like "i should back my money and if i failed again i never gamble".
I agree with you.
Gambling can take lots of money.
It is very risky.
In my opinion it is better to invest in potential ICO.
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July 09, 2017, 04:13:52 PM
 #10353

In my opinion, I would prefer to invest. Why? Because with us invest our funds will always increase from time to time
It's pretty risky to invest when you do not have enough savings in the bank because investment could go wrong
at least if you have savings you still have something to spend. That's why it is always advisable to spend what you
can afford to lose and if you follow that you will have a very safe investing journey.
People are always afraid to invest especially in a scenario where profit is not guaranteed.
But using bitcoin as an investment changes that. Bitcoin has a 100% in earning profits and making a secure investment. In fact there are many people who use bitcoin for investment which will safeguard them from future crisis. In recent times no other investments has provided this kind of security. Investing into bitcoins and then saving it are most recommended things everyone must do as of now.
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July 09, 2017, 05:30:27 PM
 #10354

Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
I agree because if you save your money may stay constant or if any down happens it will decrease. In this case you are not improving while if you invest and if downs doesn’t happen your money is improving, you are making more money with the money you have. So in my opinion invest is the best and secure option.

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July 09, 2017, 10:41:51 PM
 #10355

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.
I guess for now that the bitcoin price is not that consistent it' much better for one to just save their bitcoins now. It will be less risky for them and ofcourse they will surely benefit in the future now that bitcoin has been opening to many possibilities in the digital transactions that is occuring nowadays.
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July 09, 2017, 11:22:02 PM
 #10356

Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
Does not mean you'll use all your money to invest? Because it would be very risky if you use all your money to invest. May not be a problem and minimize the risk if you allocate a special fund like 15% of your total money to invest. Using all the money is not a good thing
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July 10, 2017, 01:33:32 AM
 #10357

Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
Invest is god idea but with invest you should prefer to save some money because we  or no one know what will happen with your money in next hour, Bitcoin.
And saving money can help in future, so we can easily use our save money but if you put all money in invest then you may face problem at the time of need.
Of course you will find many problems if you use all your money to invest and of course it is very risky. Saving is not just to raise your money more but also for a backup plan when your investment is not working. So do not take too much risk by using investment only
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July 10, 2017, 02:07:39 PM
 #10358

Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
Invest is god idea but with invest you should prefer to save some money because we  or no one know what will happen with your money in next hour, Bitcoin.
And saving money can help in future, so we can easily use our save money but if you put all money in invest then you may face problem at the time of need.
Of course you will find many problems if you use all your money to invest and of course it is very risky. Saving is not just to raise your money more but also for a backup plan when your investment is not working. So do not take too much risk by using investment only


Don't invest all of those money because risk will always be there, and if you have a back up money you can easily stand up if there's a possible failurr on investments you have. With bitcoin investments it's just better to save it rather than invest the whole balances because you might not succeed over it. So to be more secure of saving, you must hold it in your wallet first and have patience to wait for long term.
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July 10, 2017, 04:30:33 PM
 #10359

No one is rich because saved their money in the bank, but all people rich will always be business and investment, the choice is on us, willing to succees and rich with investment or poor later with save money.
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July 10, 2017, 09:08:21 PM
 #10360

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.
This is impressive “life is risk”. It’s good to make invest your money and plan your future. The planning is something that affects your life. If we look at the life of the people who follow a proper planning for their life and of those who don’t we will see a visible difference. Those who plan for the future live their lives in an ease while the others face many problems.
It is good to invest and if it is invested diversified then it is much better.
But there are still some people that don't want to take risk even if you say that life is risk there are people that does not want to take risk and they just saving their money at all.
We can't avoid to encounter those people who are always staying in their comfort zones because they will not become successful because if you want to be successful then you need to take risks in life and different sources of possible income to improve your life and also your lifestyle and if you done achieving those things then all you need to do is to relax.
People who were in the comfort zone has got everything they expect as well with bitcoin everyone cannot make a earning. This needs the understanding as well the time to spend. Importantly one need trust and willingness. Without this one never makes a better earning without risking his assets. As the above mate's quote, one who risk himself is gonna relax good in the future.
That's true, but I think it is better if we have to save and also invest at the same time. Better to have them both so that even if we lose what we invest we have still a savings that we can invest again. Investing money is really risky but in the future, you will surely gain profit.
That’s a great piece of advice to stay safe even after investing. But I think it is much better to invest as much as you afford in bitcoins. Bitcoin trading is not gambling where once you lose, you will never recover that amount. Dump in bitcoin values is surety of its great pump.
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