Wise thing to do with your savings.

[shainasaz]

I think the wise thing to do with our saving is to save to bank or any card so we can use it incase of emergency situation. We need to also to manage our own money especially to our daily routine.

[Gabus]

There must be a proper planning where to subdivide wisely your funds and make sure you choose the right investment with earning potential. Of course always scatter the placing of investment and savings so that there is always a support and fall back in case the other one fails. And make portion for business perhaps for your daily needs support also.

[Tory-Tory]

My strategy is simple. I am more of a long term investor. With a strong growth of one asset I sell this asset and reinvest funds into another. I haven't rented money for 8 months and I'm waiting for that happy period of market growth when I can finally buy myself a new car and a house. Many people say that it is necessary to deduce a part of the prize I think it's right but I do it differently)))

[chengyinoing]

Saving is important to everyone because it's one of my rewards for working hard.

I will save part of my income, and participate in the investment of some ICO projects.

[ov3rflow9x]

The wisest thing to do with your savings is to transform them into actives, that will bring you profit and not just lay on a shelf, or at the bank account.

[lucyhahaha]

I would rather invest the money than just keep it and let it sleep. because If you only rely on savings collection by way of saving, it will be very difficult for us to be able to realize the goods of our dreams in the future (for example). in other words, I think that investing money is better than just saving and letting it sleep until we need it.

[finzyoj]

Of course the answer would highly depend on the ammount of savings that we are talking about, but the wise things to do with that are plenty

The wise thing to do with our savings is to invest it on the best cryptpcurrency and that is bitcoin and we can also invest our savings on some altcoins that have a very low price like investing it on ripple and tron, and it is also better if you will invest on great ico like the deal coin.

I agree with you, if savings will be the issue here the best thing we can do or the wise thing is we can do is invest it to the most popular and in demand coin in the cryptocurrency.

Also you can half it ,invest the half and the other is keep it for emergency. As a mother, I need to keep some money for emergency for my kids.

[Piranha1]

My strategy is simple. I am more of a long term investor. With a strong growth of one asset I sell this asset and reinvest funds into another. I haven't rented money for 8 months and I'm waiting for that happy period of market growth when I can finally buy myself a new car and a house. Many people say that it is necessary to deduce a part of the prize I think it's right but I do it differently)))

I am very certain with my savings. I see to it that it is allocated in my monthly salary. There are money that intended to savings for emergency use. Since now that i am in crypto i have money that i use for investment to at least let my money grow.  

[lucyhahaha]

The best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.

[Pakwan12]

The best thing you can do to your savings are you can put 50% in the bank for the emergency  and to your daily needs, and the 50% is you can put in investment.

[LovelyFLOWER]

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?

For me the wise thing to do in my savings is to trade it to have an income for my family needs. That's the most important thing because this time of low volatility of bitcoin there's no income but only on day trading. So I think that's the best idea by this time. Continuing

[scoin9]

In as much as it is very wise to save a part of your income, investing your funds is very important, savings are good but investing would increase, your income, so a wise thing to do with ur savings is invest in very profitable ventures that would yield profit.

[chelle5]

I agree with the one who said that emergency fund is not for percentage you have to put exact amount or more  you can not put in investing because you can not get when the that you needed.

[nabinkhadka]

Great you have saving that means you are already wise. In my opinion investment out of your saving to be very diverse, from less risky to high risky and also some part in liquid. there are many services who offer to facilitate your saving.

[ayiaye]

If you just save, it's not a wise thing to do. invest better into stocks or into cryptocurrency. and there are many ways, to save money wisely, you can create business and create business branches in your life.

[rutherford]

One thing that you must know is that your money will never grow bigger in bank. Bank's duty is to keep your money save, not to grow them. If you want to invest you should put it in stocks or properties or in this case, cryptocurrencies. Better for you to have two savings, one for your emergency funds and the other is for investment. When you get profits you can move it into your savings.

[Gabus]

Most people just save their money in the banks but with that attitude you will not get anywhere in life. One needs to invest their money in other things that can fetch them more net aside from their normal jobs. They need at least two or three revenue streams in their lives.

[changcloy]

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?

Actually I am okay with the concept that I have something invested in a bank and let it sleep because I know I do not have to worry if my money will go down compared to crypto currency it go dump and wait for go up again, until such time come that I need it my money is still intact but still I would still invest in crypto that intended for long term investment.

[Polkadott]

in bitcoin, all I need to do is convert my bitcoin into cash from my ewallet anytime. Though there were times when I cashed in even the dye. But it's not like I'm going to change everything, just the amount I need. which is why I withdraw all my deposit savings from the bank. I save money just because there is an emergency but the problem is I can not directly use the savings because I have to wait until the maturity of my account

[doraemon26]

My strategy is simple. I am more of a long term investor. With a strong growth of one asset I sell this asset and reinvest funds into another. I haven't rented money for 8 months and I'm waiting for that happy period of market growth when I can finally buy myself a new car and a house. Many people say that it is necessary to deduce a part of the prize I think it's right but I do it differently)))

Yes, for me the wise thing to do with my savings is that invest it in properties like house and other profitable business, also investing in a long term period is optional.