Wise thing to do with your savings.

[t2yax]

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 have a point....  It will have a huge profit if we move our savings in cryptocurrency... We will just need only to risk but if it succeed ot will be very helpful to is especially if you are just saving it for the future...  Saving money is really great but if didnt know how to manage it well we will just waste a time...  Proper making of decision about saving money is really needed if you want to save and as well as earn...

In taking the risks , we should know what will happen, you cannot take the risk because of your greediness. We can expect that we can earn alot of monet through bitcoin, but we need to know what will be the consequence of our own crypto will fall its value.

[ov3rflow9x]

 I suppose, that's one of the best decisions that you can make about your savings is to turn them into factors which would bring you a passive income this is like a dream for me.

[susila_bai]

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 have a point....  It will have a huge profit if we move our savings in cryptocurrency... We will just need only to risk but if it succeed ot will be very helpful to is especially if you are just saving it for the future...  Saving money is really great but if didnt know how to manage it well we will just waste a time...  Proper making of decision about saving money is really needed if you want to save and as well as earn...

In taking the risks , we should know what will happen, you cannot take the risk because of your greediness. We can expect that we can earn alot of monet through bitcoin, but we need to know what will be the consequence of our own crypto will fall its value.

ya it is true, if you thinking same of investing your savings in bitcoin then think who have invested when the price was peak of $20k and now the price is moving around $6k so the investment have gone down 3/4th so now if any emergency happens then if you sell then you will be in loss 70% of investment. So investing in bitcoin is totally risky but now if you invest then it can be wise as now the price has gone down and next movement will be the price to go up but for that you have to wait for long term.

[zhanyiguai261315]

I am a conservative person. I will hold 50% of my income and save it for emergency funding!
This will make me more decisive when investing in cryptocurrencies, and I will not hesitate!

[jaja colleen]

In my own opinion the wise thing to do in saving is to make a business,search a good business that really fit in the community so that your saving will grow and also 20% of your saving put it in the bank and you will receive a interest in your savings.

[mackhoy]

Of course the best thing to do is to invest it to be able to at least earn and do not let your money sleeping without growing it. Multiplying is the method known in investing that leads many people into a profitable income which is as important as emergency fund.

[lucyhahaha]

Invest half of your savings and also save the half.... But if it is only you want to take a risk
you will do it....  After all if it successful it is worth it....  But always think that
whatever the result accept it.... Because saving is good but it will depends to you on what strategy you
will do to earn more and also to save more....

[Larva14]

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 best and wise thing to do with your savings is you use it in a wise investing or trading where will really help you to make more money. Just save some money for emergency and just use the rest of your saving in wise investing or trading. You can save more money by doing investing and trading.

[Sanugarid]

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?

Never ever invest all your savings here in crypto for it is very risky and the assurance that you'll gain plenty of benefits is not rest assured. You should only spend few of your savings for investments so that if ever it fails, you will not have much regrets over your decision. Always be smart so that your savings will be saved.

[3la9l_kolbaCa]

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 have a point....  It will have a huge profit if we move our savings in cryptocurrency... We will just need only to risk but if it succeed ot will be very helpful to is especially if you are just saving it for the future...  Saving money is really great but if didnt know how to manage it well we will just waste a time...  Proper making of decision about saving money is really needed if you want to save and as well as earn...

In taking the risks , we should know what will happen, you cannot take the risk because of your greediness. We can expect that we can earn alot of monet through bitcoin, but we need to know what will be the consequence of our own crypto will fall its value.

ya it is true, if you thinking same of investing your savings in bitcoin then think who have invested when the price was peak of $20k and now the price is moving around $6k so the investment have gone down 3/4th so now if any emergency happens then if you sell then you will be in loss 70% of investment. So investing in bitcoin is totally risky but now if you invest then it can be wise as now the price has gone down and next movement will be the price to go up but for that you have to wait for long term.

Cultivating the habit of savings can not only set an amount for contingency or other important matters, but can potentially grow your money and gain profit in the long run. This can be possible if you invest in a reputable coin or ICO. With the increasing number of cryptocurrencies all over the market, it's best to do background check and determine which is best for investment and at the same time, acquiring knowledge, learning how to manage risks, and losses are important to build more awareness. Other way I can think of to do with my savings is to start a business.

[lobanoval]

Develop a  a residual income like affiliate program. In an affiliate program, a person helps create sales of another person's product.

[embargo]

I think it's necessary to keep savings in different assets: 1/3 in physical gold, 1/3 in suburban real estate (with your kitchen garden to feed), 1/3 in cash paper money and crypto-currency (fifty-fifty). This in principle covers many risks.

[beezare]

it would be better if we still have savings outside the cryptocurrency  because if we have an emergency need it will be able to use it easily and not affected by the market price at that time, so I always take some profit I've got to save in the bank

[Wildwest]

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 it and going to pull it out when I need it but it's for important purposes. However we are saving there must be a goal whether it's for personal or entertainment needs but savings will not be wasted if used for the important thing

[liivii]

Save plenty of money for future purposes is the wisest thing to do right now and having gamble only the amount you afford to lose so that you'll not regret the decision you've made. We all know that we need to risk here in order to make some profit and risking is a hard decision to make so having some knowledge will make your chance higher and you'll easy to make decisions. So your not really on crypto better go and find some ways to earn money so that you will maximize your savings.

[ausbit]

Since the bitcoin is volatile no assurance to earn profit in the date you want, the best way to secure our future with our profit to the cryptocurrency is to save some profit and build a business. In this way, the bitcoin you hold can't be traded in low price that usually causes of losing. Making another source of income is the best solution to avoid losing money because incase of emergency or unexpected matters you have money to be use.

With your savings you can buy a small house and may be flat or other products which will not give you any benefit and if then it will be a small benefit.

If you want to get huge benefit from your savings then you are to invest it somewhere in the crypto market and the most recommended source is the Bitcoin which is favorable for long term. For experience you can start from short term with Altcoin or Litecoin and then can upgrade to the Bitcoin.

[SirEGB]

i think the best to do with your savings is to invest i mean it's better than just keeping it right there why not investing and earn some interest

[Bit-Tech]

I agree with you and you need to invest that one in cryptocurrency. It really works best especially nowadays most of the crypto market price are drop and this is the best time to buy for it. YOu can invest in an establish crypto like bitcoin, ether , ripple and neo. There are others as well that you should consider. Just check their market volume cap rankings in the coinmarketcap.com and see for yourself what crypto will suit you best.

[ov3rflow9x]

 I think it is a hard question and it depends on every each person, If you ready for the case that you would lose your money that you have saved for some long time you can of course invest here...

[onrise]

I suppose, that's one of the best decisions that you can make about your savings is to turn them into factors which would bring you a passive income this is like a dream for me.

Always invest in various instruments so that you are not depended on one item only. Because it possible that those market is down or will never recover and you require money and you have to sell it in a loss. So better if you stay invested in various option it will give you a good return as well.