Wise thing to do with your savings.

[Anya Doreen]

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 think it will be best to save the money in a bank but not on a time deposit one. We can never really tell when will we be needing the money for emergency. So we can never really invest it to something too. It's better to keep it safe and have another money for investment or business purposes.

[neonshium]

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.

One can buy a house or small land or flat and a car as well if savings are more in amount but this is not in benefit or less benefited. The benefited source is the crypto market in the modern world; the highly rated and recommended investment is the Bitcoin investment.

This is because it is a well and most profitable investment among all the other sources therefore using your savings here will be in your benefit.

[ov3rflow9x]

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?

Investing in cryptocurrencies seems to be not the worst decision, but always you need to consider that you can lose all of that, anyway if you would just hold your savings at your home, you can lose it also, buy some nature conditions, etc.

[Tukmol29]

The youth today believes on principles like life is too short and thus does not understand the importance of savings or limiting the expenses. One should just keep some for emergencies.

[nur rochid]

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?

Investing in cryptocurrencies seems to be not the worst decision, but always you need to consider that you can lose all of that, anyway if you would just hold your savings at your home, you can lose it also, buy some nature conditions, etc.

then use free money, so it does not burden your psychology. in addition we must have the right time skills to enter and exit the market, so as not to be affected by fud or fomo that can harm us

[Exeus]

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?

Emergency funds are not to be deposited in a time deposit account. Time deposit accounts have specific time before you can withdraw it and you can never tell when you are in need of it. Also it is not wise to invest emergency funds because you are doing away with the main purpose of such savings.

Best thing to do  with your savings is to invest, except for emergency fund. From the word emergency ,it means that funds always be ready because we dont know when we can use it.  Emergencies is unpredectable. And when  we allocated a money, savings and emergency fund is not the same. For the savings, it is not a good idea to put in just a bank.if you want to grow your savings ,it best to invest like the cryptocurrency

You have a point we don`t know what exactly will happen so we should have an extra money for emergency funds, as what you have said in terms of emergency we have already available funds to it and having a mindset of saving the money in the bank is good, but if you want your money to become more efficient in the future you can invest in crypto.

[NewRanger]

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?

Investing in cryptocurrencies seems to be not the worst decision, but always you need to consider that you can lose all of that, anyway if you would just hold your savings at your home, you can lose it also, buy some nature conditions, etc.

then use free money, so it does not burden your psychology. in addition we must have the right time skills to enter and exit the market, so as not to be affected by fud or fomo that can harm us

use our freemoney make our psychology stay calm , while value of bitcoin our crypto asset decrease.it need hard mental and emotion.market volatile could make us panic and even sell our asset.so it too risky while we invest using our emergency fund.

[SHAWN-MIDWAYS]

The youth today believes on principles like life is too short and thus does not understand the importance of savings or limiting the expenses. One should just keep some for emergencies.

I don't have any wise ideas or thing which i can to do with my saving. All i know just support my family, I have to support my kids, My wife, my father and my mom. I just want to say thanks for bitcoin who gives me new life i earn for my family whenever we need some money i withdraw my coins and convert them in my fiat.I don't have time to think what should i do with my saving. Making a wise plan with your saving is good but everything changes when you start spending wedding life. Maybe in future, I plan to do something from my saving but now its not a time for making a plan

[Ems30]

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 money 20 percent from your passive income is  great to have your saving if incase you will retired,if you are emlpoyment now but better to have an extra passive income investment to earned a lot of more than  saving at  up to 20 % because is much better also to invest you from other kinf of investment if you like at traditionally method,,but if you invest to cryptoland is better to invest at small amout for starting to alest to make aware you aware from ther risk.

[dante golo]

If I often set aside some income to remain in use as an investment in various altcoin because it is still possible for us to continue to earn an income when the exchange rate increases drastic.

[cheann20]

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 i made to my saving to invest in crypto, since i started learn in crypto trading and investing thats the start to change my life, im so happy to make money in crypto while im in my bed and dont do anything. My Life really change.

[Meowth05]

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?

Emergency funds are not to be deposited in a time deposit account. Time deposit accounts have specific time before you can withdraw it and you can never tell when you are in need of it. Also it is not wise to invest emergency funds because you are doing away with the main purpose of such savings.

Best thing to do  with your savings is to invest, except for emergency fund. From the word emergency ,it means that funds always be ready because we dont know when we can use it.  Emergencies is unpredectable. And when  we allocated a money, savings and emergency fund is not the same. For the savings, it is not a good idea to put in just a bank.if you want to grow your savings ,it best to invest like the cryptocurrency

You have a point we don`t know what exactly will happen so we should have an extra money for emergency funds, as what you have said in terms of emergency we have already available funds to it and having a mindset of saving the money in the bank is good, but if you want your money to become more efficient in the future you can invest in crypto.

You have a point, it is better if we will sort out our money into different ways like the other one can be save for emergencies, other one will be kept at bank and maybe lend on a business. Everytime we get our salary or income always remember to divide into pieces thus, the money will not be problem in case of emergency.

[rickyharun]

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 money 20 percent from your passive income is  great to have your saving if incase you will retired,if you are emlpoyment now but better to have an extra passive income investment to earned a lot of more than  saving at  up to 20 % because is much better also to invest you from other kinf of investment if you like at traditionally method,,but if you invest to cryptoland is better to invest at small amout for starting to alest to make aware you aware from ther risk.

that good for us if we using some of salary to invest in cryptomarket.some day ,this invesment could give us big return and we can use it as retired fund.this is possible that we invest on it , we will become rich .just from some of our salary

[Sakash]

Savings collecting intelligent work. You can increase your investment in savings by saving savings. And as a result, you can earn profits from invested money. Your money is being deposited and you can earn money with it.

[Indra32]

Best option is to invest in property. However, there are the type of questions you should be asking yourself before you dive in and invest in property.

I think If you are not satisfied doing business, investing or buying crypto well, you can spend it by helping your family financially or other foreigners who really need it.
Do business with it so you grow more of your money. Have a lot of money and think what you can do about it, well, the wisest option to do while spending your money is to invest it to do business or buy a crypto and then sell it. Money does not mean saving it for longer periods that are meant to be spent.

[Reagan_alvaro]

If you invest your savings in something valuable that is the right and wise decision because saving you amount in banks will cut the annual cost and the profit it is not much. And never use the Emergency fund because it is a big help when you are need anytime.

I think Investing your savings is a good choice and it can help you earn a good income as well but you must make sure first that you invest in the right place.
Saving your money from your earnings is a very good thing to do because it can help you whenever you need money at an urgent time and that you must be sure that you then use the savings in the right place.

[weeks65]

I think you should some money save in bank but some of your money you should invest in bitcoin and it must be important that you will be wait for its increasing price. You have to separate your saving and investment because when in that situation, even you lose profit or having small, you cannot do anything to hold more because you are going to use it

[Dwarf42]

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. If you want to assure that you'll have something to pull out of your pocket in the matter of emergencies, just save it or put it in the bank

[gudrun]

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. Invest you savings. You can invest in any liquid and profitable asset. In my country, people invest in property businesses which are a profitable

[calya]

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. If you want to assure that you'll have something to pull out of your pocket in the matter of emergencies, just save it or put it in the bank

dont put your emergency fund to invest in any portofolio.although it just small amount.think about condition bitcoin price fall sharply , meanwhile you need your money.you will sell it although your money reduce.