Bitcoin Forum
October 15, 2018, 08:51:36 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 »
  Print  
Author Topic: Wise thing to do with your savings.  (Read 7659 times)
Eternad
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


Eternad Crypto


View Profile
June 17, 2018, 11:35:06 PM
 #801

I think that the emergency saving shouldn’t be limited by the percentage of 20. In my opinion your emergency saving should be the amount that will guarantee you the life without any debts before you started that business. I believe this is the right way of taking risks in a rational way.
Allocating amounts that will be fair for our living same with our savings, I realised now that when the price of btc before were too high , I should already save some or invest it in a more stable or physical investment. So if ever BTC drips prices there is no need to worry for there are some backup that can be used while waiting for it to recover.


                                                                          ▀███▄                                          ████
                                                                             ████                                       ████
                                                                               ███                                   ████
██████             ██████        █████████████          ████                               ████          ███                  ███
███ ███           ███ ███        ███▀▀▀▀▀▀▀▀▀▀            ████                           ████            ███                  ███
███  ███         ███  ███        ███                                  ████                       ████              ███                  ███
███   ███       ███   ███        ███████████                    ████                   ████                ███                  ███
███    ███     ███    ███        ███▀▀▀▀▀▀▀▀                      ████               ████                  ███                  ███
███     ███   ███     ███        ███                                        ████           ████                    ███                  ███
███      ███ ███      ███        ███▄▄▄▄▄▄▄▄▄▄                      ████       ████                      ▀███▄▄▄▄▄▄▄███▀
███       █████▌      ███        █████████████                        ████   ████                           ▀██████████▀

                                                                                                  ███████
                                                                                                    ████
  BET ON ANYTHING, ANYTIME, AGAINST ANYONE 
  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  Match. Bet. Play.  ▬▬▬▬  
|
TWITTER   FACEBOOK   LINKEDIN
●●● ANN ●●●● WHITEPAPER ●●●
REDDIT     SLACK     TELEGRAM
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539636696
Hero Member
*
Offline Offline

Posts: 1539636696

View Profile Personal Message (Offline)

Ignore
1539636696
Reply with quote  #2

1539636696
Report to moderator
Angna27
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
June 18, 2018, 12:10:28 AM
 #802

 Roll Eyes I think those what we could emergency will fund will let sleep until such time we needed it becuase if we put it in time deposit we would be having hard time getting it out becuase of time bond indicated in it, maybe saving can be allocated to some kind of investment to gain interest, can possible be for bitcoin investment to increase its value.

jonland22
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile
June 18, 2018, 12:21:21 AM
 #803

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?
simply not! time deposit will give you small money compared to investing in cryptocurrency (well only applies if you are lucky enough to earn a lot from it but more or less investing on it will have bigger gains compared to earnings from a time deposit).
the importance of having an emergency fund is not to earn but rather to have a cash you can immediately use for some events you don't foresee.

☁   Casper API   ☁
Platform for DApp developers for decentralized data storage around the world
Telegram Facebook www.casperproject.io Github Twitter ANN
lebrone08
Jr. Member
*
Offline Offline

Activity: 142
Merit: 2


View Profile
June 18, 2018, 02:39:51 AM
 #804

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?


Savings is very important to each and everyone. As an individual you need to have your own savings so  that in case of emergency you have funds to use with. And also if you make an investment aside from your savings that would be great, but you need to wise in investing your money cause theirs a lot of scammer out there. Before you make a decision try to study first all the things that you need to know before you start. nowadays I considered Bitcoin as one of the best thing to invest your money cause if you hit the perfect timing your investment could be double or more, and this is proven already for how many times but the decision is always comes from you
btcwelcabz
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
June 18, 2018, 03:35:09 AM
 #805

I will say save the money otherwise invest in small business that can yield a little profit when you need it or better still buy assets that can be easily sold when needed.
[/qu
Yes, investment is really good to grow your money even you gain little profit from your investment, and also good idea, buying some assets.
davinchi
Legendary
*
Offline Offline

Activity: 1330
Merit: 1004


View Profile
June 18, 2018, 10:07:52 AM
 #806

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?
Yes that's right. I think the wise thing to do with your savings is to spend it in emergency cases. When the time comes that there is a negative happen you have a money as backup so nothing to worry about.
You can either invest in the Bitcoin or besides the Bitcoin you can invest in Ethereum and other valuable cryptocurrencies. Your savings will payoff if you do so and apply your market knowledge in your desired source. This is a very relevant and profitable decision if you choose crypto market for your investment. Be aware of miss use of money in this modern world as we should be productive and careful about our investments.
knight20
Member
**
Offline Offline

Activity: 140
Merit: 12


View Profile
June 18, 2018, 10:55:29 AM
 #807

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?

I suggest to invest your money than to sleep it. I know it's risky to invest in crypto currency but you need to gamble no matter what if you want to earn more.
BitcoinNational
Legendary
*
Offline Offline

Activity: 1470
Merit: 1008


Join The Blockchain Revolution In Logistics


View Profile
June 18, 2018, 11:20:14 AM
 #808

There is no better option. It really depends on you and the risk you want and are able to take. If you have low revenue, well, maybe it's a better option to keep your savings at the bank even if it doesn't bring you any benefits.

                ▄██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
           ▄████▄▄▄▄▄██████████████▄
         ▄████████████████▄▄▄███████
       ▄█████████████████████████████
     ▄████████▀▀▀▀▀▀▀███████████████▄
   ▄████████▀█▀███▀        ███████████
 ▄████████▀███             ███████████
▄███████▀████                ██████████▄
███████████▀                  ██████████
 ██████▄████                   ██████▄███
  ██████▄████                 ▄█████████
   ██████▄████              ▄██████████
    ██████▄█████▄▄▄▄▄     ▄████████▀
     ██████▄████████████▄████████▀█▀██▀
      ██████████▄▄▄▄▄▄▄████████▀█▀██▀
       ██████████████████████▀█▀█▀
         ▀▀▀▀▀▀███████████▀▀▀▀
                      ▀██▀▀
─────────────────
Revolutionized.  ──


█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀





█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.WHITEPAPER.
ANN Thread
Reddit

█████
██
██ █
██ █
██ █
   █

  ─────────────  Join
SMARC token ICO

█████
   ██
 █ ██
 █ ██
 █ ██
 █
bitcoinveda
Member
**
Offline Offline

Activity: 364
Merit: 10

Justice as a Service Infrastructure


View Profile
June 18, 2018, 11:50:00 AM
 #809

There is no better option. It really depends on you and the risk you want and are able to take. If you have low revenue, well, maybe it's a better option to keep your savings at the bank even if it doesn't bring you any benefits.

Keeping in banks is safest way to us but we are getting very less interest for the amount we are depositing. Saving is always to hold the money because it will be helpful in the emergency needs. Most of the people failed to save money because they don't know how to manage the money.

                J U R    |    Justice as a Service Infrastructure    |    JUR ALLIANCE                   ═════════════════
      SMART LEGAL AGREEMENT.  ESCROW.  DECENTRALIZED DISPUTE RESOLUTION.       ║  JOIN JUR PRESALE  ║   
  ●     WHITEPAPER         TECH PAPER         GITHUB         MEDIUM         TELEGRAM     ●       ═════════════════
jeraldskie11
Sr. Member
****
Offline Offline

Activity: 700
Merit: 256


View Profile
June 18, 2018, 11:59:42 AM
 #810

I think the wise thing to do with our savings is keeping it to the banks, atm and credit card because it is the safest and better way to get less interest for the amount money we deposit. It is also helpful especially if we face a problem like emergency incident. We need to manage our money so we can use it on this situation.
Savemore
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
June 18, 2018, 12:18:29 PM
 #811

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?
There are a lot of profitable investments nowadays that you can do. I think it is better if you will use the 50% of your savings to start capital in trading of cryptocurrencies. By using your skills and knowledge, I know that you can easily grow your capital.
Brookie
Newbie
*
Offline Offline

Activity: 82
Merit: 0


View Profile
June 18, 2018, 12:29:45 PM
 #812

I think targeting some of our income to be a savings is a good thing. Because the savings are very important usefulness in the future. But I do not think you use your savings to be invested, because investments have risks.
Yara1
Jr. Member
*
Offline Offline

Activity: 116
Merit: 1


View Profile
June 18, 2018, 12:31:56 PM
 #813

when you have saved a reasonable amount of money, the wise thing to do is to invest such money in any business that brings daily or regular returns. even if there is an emergency you can take care of it without any stress.

   MoonX     
───   http://www.moon.family/   ───
TRADE, EARN & OWN THE EXCHANGE
Kawasakinamoto
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
June 18, 2018, 12:39:01 PM
 #814

Wise thing to do with your savings is to invest it in Insurance or Real Estate. Insurance provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium. Don't put it all in bank, because it will not give higher profit.
DevilSlayer
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


dApps Development Automation Platform


View Profile
June 18, 2018, 12:46:04 PM
 #815

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?
If you have big savings, I prefer to you to make investment with bitcoin mining. There are a lot of benefits that you can earn by making investment with bitcoin mining, one of those is earning passive income.


            ▄▄▄▄
        ▄▄████████▄▄
    ▄▄████████████████▄▄
 ▄████████████████████████▄
██████████▀▀███████████████
██████████▄   ▀█████████████
████████████▄   ▀███████████
██████████████▄   ▀█████████
█████████████▀   ▄██████████
███████████▀   ▄████████████
██████████▄  ▄██████████████
███████████████████████████
 ▀████████████████████████▀
    ▀▀████████████████▀▀
        ▀▀████████▀▀
            ▀▀▀

⬢⬢

⬢⬢



       ▄▄▄▄
   ▄▄████████▄▄
▄██████████▀▀▀█▀█▄
██ ▀█████▀     ▀██
██▌   ▀▀▀      ███
███▄           ███
████▀         ████
▀████▄     ▄▄████▀
   ▀▀▄▄▄▄████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄████████▄▄
▄████████████████▄
██████████▀▀  ▐███
██████▀▀  ▄   ████
███▀   ▄█▀   ▐████
████▄▄█▀     █████
▀█████▌ ▄▄▄ ▐████▀
   ▀▀████████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄████████▄▄
▄███████▀   ▐████▄
████████  ▄███████
██████      ██████
████████  ████████
████████  ████████
▀███████  ███████▀
   ▀▀████████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄██▀█▀███▄▄
▄███▀▀▀ ▀ ▀▀█████▄
██████ ████▄ █████
██████ ▀▀▀▀ ▄█████
██████ ▄▄▄▄ ▀█████
██████ ████▀ █████
▀███▄▄▄ ▄ ▄▄█████▀
   ▀▀██▄█▄███▀▀
       ▀▀▀▀


██████████████████
GrayFullbuster
Full Member
***
Offline Offline

Activity: 420
Merit: 103


The Future Of Work


View Profile
June 18, 2018, 12:59:51 PM
 #816

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?
You should have better plan that you can use in order to make decision better. There are a lot of ways that you can do in order to grow your investment. Try to join in different ICOs for you to grow your money.

▬▬■ ■ ■▬▬ The Future of Work. Decentralized. ▬▬■ ■ ■▬▬
WhitepaperANN THREADTELEGRAMFACEBOOKTWITTERYOUTUBE
costanos02
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile
June 18, 2018, 01:17:04 PM
 #817

Savings is good in every person but it is much better if you also earn from your savings, put your savings on investment let your money work for your future. But of course before you invest you must do some research to find the better one.
win365
Member
**
Offline Offline

Activity: 178
Merit: 10


View Profile
June 18, 2018, 01:22:37 PM
 #818

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 thing is to set 20% to invest them in crypto, it can similar to saving on emergency, but here you can get more or get less, than you have saved.

❍  buglab ❍     ▬▬[  Facebook  Twitter  Telegram   ]▬▬ ❍  buglab ❍
████   Cybersecurity Penetration Testing    ████   
▄▄▄  on the Ethereum Blockchain   ▄▄▄
reyanshbasu
Newbie
*
Offline Offline

Activity: 118
Merit: 0


View Profile
June 18, 2018, 01:37:20 PM
 #819

In my opinion, the best way to do is invest half of your savings in bitcoin and the remaining of your money save in the bank.
Investing in bitcoin gives a big possibility to earn double of profit than saving in the bank, even though its really risky way of earning profit in investing in bitcoin but if you have a lot of coins and sell it at the right time, im very sure that it will change your financial life.
Saving in banks also profitable and really safe than investing in bitcoin but the difference is you will recieve small profit in saving your money in bank.
charlystriker
Member
**
Offline Offline

Activity: 150
Merit: 10


View Profile
June 18, 2018, 01:39:58 PM
 #820

Saving is the best things to do for our future. So, it is better that all of us has a savings. If your salary is a montly basis it is better to have a budget list. Listed the most important things you needs in a daily basis. And have a saving from monthly salary, although isa small amount. If my saving become big I will invest it into cryptocurrency coin  c

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!