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Author Topic: Wise thing to do with your savings.  (Read 6616 times)
shunga
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July 14, 2018, 03:42:33 AM
 #1201

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

My wise thing do it save it again until the time come when it needed such as emergency, investing to the other cryptocurrency so that you can earn or buy another bitcoin with a low price.

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yahamidu
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July 14, 2018, 04:05:03 AM
 #1202

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

In my opinion Saving is good way to fulfil emergency needs.You should invest too for long term.
Cinemo
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July 14, 2018, 04:51:59 AM
 #1203

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
The real question cause of that is to invest, but we are respectable. Cause bitcoin is a new way of money. The real world at all over your face, and the second is a start. The only way of cryptocurrency, even the right now. I even its stabilized and the future of cryptocurrency is really good

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tronghai12345
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July 14, 2018, 04:53:50 AM
 #1204

Invest in your retirement savings. 401(k) is the best thing.
Why? it is tax free. I will put as much as possible into it. The rest I will invest in crypto and hold for years.
kalawang
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July 14, 2018, 05:09:17 AM
 #1205

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Wise to become a new study, and technology. The only one that they belong to invest it was that you are respectable in this era of cryptocurrency and whey protein is that they belong in the world be your own money. Cause I support cryptocurrency even though it is to give a good job of cryptocurrency

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Ryanpaul80
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July 14, 2018, 05:15:22 AM
 #1206

Maintaining a savings account is a good and necessary way to stay current with problems you may encounter at any time. Normally some people in my country choose banks to deposit and secure their savings.
btsjimin
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July 14, 2018, 05:27:31 AM
 #1207

That’s the best thing you can do with you saving to putting it into the right place and still there is more coming in future that will give you millions out of your saving s just you have to keep patience and don’t get panicked and don’t left the side of of bitcoin it will give you more than you expect and I am doing same I invest my monthly saving into bitcoin because I want that bitcoin will rescue me in financial crisis to live easy.
onrise
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July 14, 2018, 05:42:40 AM
 #1208

My wise thing to do with my savings is that  i would rather put it in a business to reach profit rather than to put it all my savings in cryptocurrency as we know investing in crypto is a long term,and we cannot predict our emergency when it will appears.,so better saved your money on your secret place.


A part of saving must be kept for you in case of emergency or to meet some financial needs. Replay your loans/debts etc. Invest some of them in the stock market and crypto market every month. This will help you to make wide spread your wings in different ways .

webmone
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July 14, 2018, 06:27:35 AM
 #1209

As for me personally I prefer to invest 50% of my money into new and prospective altcoins. And another 50% I keep and waiting for best time to invest, when's the price will be low. It is my personal structure of learning.

As for me, this is one of the best decisions. I always invest in altcoins as I know the cryptocurrency will live for a very long time. The crisis will be finished, and we all will start to get our profits.

Ryanpaul80
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July 14, 2018, 06:42:07 AM
 #1210

Maintaining a savings account is a good and necessary way to stay current with problems you may encounter at any time. Normally some people in my country choose banks to deposit and secure their savings.
Dowrich80
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July 14, 2018, 10:58:38 AM
 #1211

Bitcoin has to offer,  much more than conventional banks. Ow if you are saving you are most definitely aiming for a long-term investment to the factor of the volatility of the cryptocurrency market should not be a variable involved I your judgment plus the cryptocurrency market gives you a high rate of return,


CurrentCrypto
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July 14, 2018, 11:02:33 AM
 #1212

I have a big percentage of my crypto in PoS coins, so I use that as my savings account. The rest I use to trade and gain more BTC.
matthewio
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July 14, 2018, 11:05:45 AM
 #1213

I think it is wise to invest the cash that comes in as extras or savings as the case maybe.Only keep a tiny portion for emergencies.That way,you grow your money and can then increase your emergency funds as your assets grows
boyz97
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July 14, 2018, 03:29:32 PM
 #1214

I think it is wise to invest the cash that comes in as extras or savings as the case maybe.Only keep a tiny portion for emergencies.That way,you grow your money and can then increase your emergency funds as your assets grows
if use smart saving methode we can cover emergency fund and saving in same time.usually people called it as life insurance.we can use some our money to follow this program.saving still running and we get life protection from this program.

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Adhichan
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July 14, 2018, 03:58:45 PM
 #1215

I think it is wise to invest the cash that comes in as extras or savings as the case maybe.Only keep a tiny portion for emergencies.That way,you grow your money and can then increase your emergency funds as your assets grows
if use smart saving methode we can cover emergency fund and saving in same time.usually people called it as life insurance.we can use some our money to follow this program.saving still running and we get life protection from this program.
put some money into life insurance give us protection to our life.evemore while we are sick, this insurance pay all cost for hospitalization.so we can focus on making money

robotrobert
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July 17, 2018, 05:22:47 AM
 #1216

The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.

Most people who are a part of crypto market started with it after gaining knowledge about it to get rid of odds. So the better way to bring money here is to start with less amount so that you do it practically which will build up your interest with the passage of time. After doing with crypto market for some time now you are able to invest with big amount as you know how to make huge profit with your savings.

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presday
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July 17, 2018, 12:58:36 PM
 #1217

First increase the savings like by using public transport. Singapore Mass Rapid Transit (SMRT) connects different parts of the city and thus you will not face any problem in using public transport here.
skeletica
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July 17, 2018, 06:07:36 PM
 #1218

everyone has different needs, and of course how to organize them is also different.
if I am private, for now I do not have any. I am still collecting money.
and after that.
then I will make a decision, how will I manage my finances. and that I will discuss with my wife.
petrobit
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July 17, 2018, 08:27:38 PM
 #1219

It all depends on how easily you can risk your savings. Crypto enables them to multiply or completely lose, banks give the illusion of security and stability. You can always hide the cash in the mattress Grin

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Sparkl
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July 17, 2018, 09:20:51 PM
 #1220

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

In my own opinion, starting your own business is the best thing to do with your savings because in this way you can have more income in the future to sustain your daily needs.
Yeah no doubt it is good idea we can have good business instead of having a lot of money in our wallet having money is not good as it is not safe for you as well, so I think best business is to buy some bitcoin and store all of them for long term, growing price of bitcoin will get you huge profit and within few months your saving will become more than double so don’t lose the chance just buy as price is really nice and affordable.
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