Wise thing to do with your savings.

[NewRanger]

Hold as much as you can, when Bitcoin or altcoins surges in prices that is the time to sell it out. But I've preferred half of it then the rest is for future pump. So we really need to be wise saving our money because at the end we can't be sure cryptocurrencies will be forever.

future of cryptocurrency is still unclear for us.saving some of our money will be better if someday cryptocurrency die.but before that we have collected money from this.and invested to real estate.

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[gurang]

Saving is never a wise thing to do. You should invest your money instead of saving. Saving is for people do not have the power to risk their money for a bigger profit. There are many places you can put your money in. The cryptocurrency is just an example. You can invest your money in real  estate, opening your own business, etc

The smartest thing to do in saving is to invest in a good way and to think of the best thing to grow in your investment so you can grow it right

[deppil]

emergency funds should not be invested. because we know that this emergency situation can happen anytime. we can not predict about this. if an emergency fund is invested in cryptocurrency and you need funds but the market price goes down, will you sell it directly..

When you make a plan make sure you have a backup plan also so that when the risk occurs such as a decrease in price or loss. you still have a backup plan you can use it. a backup plan can contain a backup of funds so your finances will remain stable and awake even if you suffer losses though

[s0beit]

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?

Saving is necessary for our future needs and emergency purposes. It is important that we think of our future first. As for me, I would want my savings grow with a passive income. I would want to gain a good profit from it so I think that investing would be an effective thing.

[boyz97]

Hold as much as you can, when Bitcoin or altcoins surges in prices that is the time to sell it out. But I've preferred half of it then the rest is for future pump. So we really need to be wise saving our money because at the end we can't be sure cryptocurrencies will be forever.

you suggest the thing meanwhile your own don't do this.we know cryptocurrency still uncertain in future.so if hold bitcoin or cryptocurrency to much it can be backfire for us while it 's price goes down.

[thend1949]

emergency funds should not be invested. because we know that this emergency situation can happen anytime. we can not predict about this. if an emergency fund is invested in cryptocurrency and you need funds but the market price goes down, will you sell it directly..

When you make a plan make sure you have a backup plan also so that when the risk occurs such as a decrease in price or loss. you still have a backup plan you can use it. a backup plan can contain a backup of funds so your finances will remain stable and awake even if you suffer losses though

It's good to make savings as a habit for emergency needs, to buy things, for future use, and it can help your money to grow if you put it in a good project. I think we need to have a saving goals first and if we have enough savings we can start a small business or invest in stocks and bonds. In cryptocurrency, we can use to buy coins, hold, and sell it. But we have to be strategic because it needs enough knowledge, skills, and courage to take the risks. Formulate a goal and follow it creatively.

[Faxmate]

in my opinion what to do with savings is put into a safe investment .. that even if the profit is very small your savings are safe and that you can get when you have emergency needs.

It will increase your money and will save it from all kind of lose, I mean if you go for investing then try to choose bitcoin as it is the most profit worthy and safe kind of investment which give profit and money for future, apart from it try to save money while shopping that don’t but those things which are not important and you can manage without buying them so bitcoin is the best currency which will make your money safe by investing safely for the long term.

[juragane]

you better use trading using unused funds instead of using emergency funds because I see that using emergency funds will be dangerous for you.

[Star_Bucks]

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 things to do with your savings habit to emergency funds, buy some stuff that we need in our daily living and for our future use. Savings is the best things that we need to do because you can use your savings to invest or make a small business.

[crisanto01]

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 things to do with your savings habit to emergency funds, buy some stuff that we need in our daily living and for our future use. Savings is the best things that we need to do because you can use your savings to invest or make a small business.

I know that we only live once, but it is wiser to be a spend wiser too, I am not buying clothes that are too much expensive, and not buying when I still have just like cellphones, laptop, I also save through getting an insurance as it is my assurance for me to have saving for my future and for the education of my children.

[petyang12]

For me, It's all about your capital. Emergency money is not your savings unless the money for emergencies is not enough to provide. So best way to deal with your saving will be splitting it to portions for future purposes.

[reidel21]

saving is important. in addition to investment we must also be smart in saving. because that way we can benefit and also can plan our financial future to be better. we usually prepare for other plans as well as new business

[putriangel]

If looking at investment for emergency money does not seem right. Emergency money is money that is in need in important circumstances. So we have to prepare it in our savings. Saving emergency money is the right thing to do.

[rhenz01]

If looking at investment for emergency money does not seem right. Emergency money is money that is in need in important circumstances. So we have to prepare it in our savings. Saving emergency money is the right thing to do.

i believe investing your savings into crypto is a wise idea because crypto investment offers a high payback guarantee.

[lang shao]

Save it to the bank or invest in a business.

[keeee]

emergency funds should not be invested. because we know that this emergency situation can happen anytime. we can not predict about this. if an emergency fund is invested in cryptocurrency and you need funds but the market price goes down, will you sell it directly..

I agree, must not use our savings fund in investment, we must learn how to balance and divide our money. Mostly we used our savings for important things that we need. It is much better to be prepared for anything that may happen and you have your savings because you dont need to worry for the money that you need for that time.

[PatronRH]

Go with a safe strategy: invest some and save some. I would advise you to invest in cryptocurrency because it is the kind of investment that will make you profit in the long term and for the saving part either transfer your money into gold save it or I advise you to pu it in a bank that way ut helps the economy of your country.

[btsjimin]

The wise thing to do with your savings you need to think about the things you need in your everyday life to avoid costly and become a disciplined person so you do not have to buy anything worthless so your money will not be exhausted and in the emergency time there is money available.

[PerLasz]

Don't buy any thing that unnecessary because it will not give you  help while it is yours. Only buy the necessary things to make your life more meaningful.

[BLAST2MARS]

I've heard some stories where people invest all their life savings in cryptocurrency and it ended in a miserable way so that is why I highly believe that it is safer to let it sleep and stay there and use it only for an emergency like if you lose a job or something.