Is it better to save money or invest it?

[shiunsai]

I will have more focus on investing my money as it will only grow my money in long term and saving will never allow you to multiply your money but I will save some money for emergency needs as you cannot depend only on investment as all the investments are risky and if something goes wrong then I should have some back up to fulfill my daily needs and that is possible only by saving money and to have a stable life saving is mandatory.

[CookieGums]

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

it would be better if you invest in real life than crypto, i think. because this crypto world is not forever and if you invest in a land or gold. you will be sure. and the case saving money in the bank. that is not very advisable because you only make your money sit for nothing.

[Darklinkz]

If a person is already contented on what he have then just save it but most people like me has so many things that we want to experience and what to do so I'll be investing it like in cryptocurrencies.

[Tukang Becak]

I prefer invest money because with saving money just wasting time and money does not increase, investment proves to make money grow faster, I like various investments like stocks, mutual funds, gold, property and so on.

[Xenoph0bia]

Well, the way I see it saving money in the bank is basically worthless because the bank only gives interest which is a joke compare to bitcoin profits. I think investing money in bitcoin is smarter than just saving money in the bank. Also, if you invest your money in bitcoin you can make more profits than saving money in the bank where you can get only small interest.

Actually both saving and investing are necessary to earn money.If you have a lot of money then you can save it for future needs.You can invest your money in some stock or cryptocurrency.Today investing in bitcoin is a very profitable deed as you get very fast returns.The fact is that investment is for short term earnings while saving is for long term.You cans save in some banks.Banks give decent interest on your saved money.So I think people should consider these facts while trying to earn money.

[NicG13]

Keep some cash reserves but only as much as the government will pay you back in case the bank goes bust. The rest you have to invest because inflation is constantly eroding the value of your cash.

[Hatuferu]

Keep some cash reserves but only as much as the government will pay you back in case the bank goes bust. The rest you have to invest because inflation is constantly eroding the value of your cash.

That's wise, the government will only pay you a maximum insurance if in the even the bank that where you deposited your
money goes bankrupt. Investing is a wise solution to inflation but we should always choose a good investment and for me cryptocurrency are good investment.

[Boybugwal760820]

I really believe that if you have extra money today you should better invest it into something which grows fast so you can get it back what you had invested as early as you can and then reinvest it again to another, it is a good idea to invest your money into something which you know has the potential to grow in the market rather than saving your money in a bank in which its growth is somewhat slow and takes a long time.

[Crypto1989]

I prefer to invest than save because that's exactly what the banks are doing when i give them my money, might as well get the profits for myself.

[megynacuna]

What di mean save? If saving in the bank you will only earn small interest compared to when you invest especially if not only to 1 investment, like what u'be mentioned, i prefered it to invest or go for microfinancing in your locality if you want personal business

Truth. People should educate themselves at least the basic of our financial system. Banks are using our hard earned deposits to invest, finance or build business while we get peanuts.

That is the bitter truth and so if you have no plans with your own money then its better to invest into something, be it government bonds or a gambling website or anything that you think could fetch you money.

[Assface16678]

It depends on you , if you want assurance for your money and a guaranteed future of yours then you must save your money for your own good but if you want to profit somehow then invest it, but investing is a risky one. If you want to invest go ride with high demand coins such as ethereum and btc, as of now thay are rising and will probably grow on the next few months.

[betchay22]

At first you have to save money. If you already have enough savings  its about time to invest it. Putting your money in bank is not an investment. Bank offers depocitors a very low interest. Invest your money in stocks, mutual funds, cooperatives with cash generating projects. I also suggest  investing in bitcoin. Investing is making your
Money grow.

[kolomi]

I don't see the point when you're comparing things that we could do it both in the same time.

[Ipwich]

I don't see the point when you're comparing things that we could do it both in the same time.

Definitely doing both gives good return because it increases your income while you will learn how to minimize your expenses to save money.
In life we need to risk if we want to achieve bigger income, and investing in crypto is just one way to make it happen.

[rinamor]

The right choice for me is to invest your money it has a potential to multiply it or even triple or grow even more. Besides, in the bank, you are just keeping it and giving you a small interest. Invest more on Bitcion,.
Thank you,.

[kintezen]

If you want to make money, invest, but there are risks. If you want to be safe, invest in a bank.

Actually it called saving because 7% per year can't even efford to pay the inflation.

[AmazingDynamo]

if you will save money with the bank it is better to invest it but make sure when you invest your money will profit , but if you save money with bitcoin or simply holding it is also good if you afraid of loosing money when you invest.

[Zastria]

I think it's better to invest in bitcoin, because the bitcoin cryptourrency is always up and stable. Maybe next year bitcoin will be increasingly steady and stable, with investment will be very profitable

[jinxing]

Investing equally by putting stocks for business interests, but also will not harm the investor then he will feel the impact of profit in my opinion can save the same investment because only in the tube alone we can not get much profit. While saving is one way to think about the future but not think about the benefits it will make. And maybe savers do not know exactly what investment. So I think it's better to save money for investment only.

[Angi]

Better to invest with bitcoin and gold rather than save money. If you save money. youre money cant gain a profit unlike investing you gaining a high profitable value its more like saving youre money in a bank and investing you gain that two things its longer to save and its more profitable. If you save only you cannot have income and profit.