Wise thing to do with your savings.

[bitcoinveda]

I prefer that %20 of saving part should be keep safe until the crypto currency market enters bull market. Otherwise that %20 safe saving will be lost.

Well, I like to invest more rather than storing them on my wallet. I always buy coins from my profit and salary. I know saving is good but we should do some future planning.

Not only bitcoin but all crypto curries are risky they're volatility which means my money can increase and decrease.

Yes, there are possible chances either the price may increase or price may decrease everything depends upon buyers and sellers. So, i think some part of our investment profit should go for savings otherwise, it will tough for us to keep on investing.

[coynedterm]

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?

Here this is better that if you save a part of your earnings in your pocket for the future Investment in the cryptocurrency market again at the time of the emergency .
Right now here what I am doing will surely clear that how I am growing myself economically as well as lowering the risk of the Investment . Usually the amount of earnings that I am doing , split into 3 parts .
First part of earnings get back in the Investment again in the crypto so that I can grow my business of trading more and more  .
Second part of the earnings sell for the Fiat currency and put in the bank for the practical need in my life .
Third part is also saving , but in the form of bitcoin and I uses that bitcoin during the emergency of the need in trading , so that I don't need to beg to anyone for bitcoin for short or long term .
These steps are clearly making me more strong bitcoiner .

[Btc_1856]

Every time it is not good to invest all the profit we made because we are a human being and we don't know from which source we are going to face the problems. So it is always good to save some percentage for saving in order to protect ourselves when we have some problem.

[darewaller]

I have always supported the logic of "invest x amount every month". You can invest an extra 100$ every month and buy some coins and put them aside, never look at them until you really really need them, never even touch them unless its emergency. That way price going up or down doesn't reflect on you, you bought when it was high but you bought when it was low as well.

You averaged it and now you have a lot of it in case you need it. This way you can invest into multiple stuff not just stuff related to crypto as well. A real all around life lesson where you can invest on crypto, stocks , gold, hell real estate after a while I suppose.

[geopolisch]

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.

As long as you are an investor, that is good in your case. This is one of the wise things to do with your savings and to invest it in crypto that gives you some good future return.

The best crypto to invest in is actually Bitcoin and ETH for long term. However if you little to invest, you cans go for crypto like NEO or litecoin that will incur you some good money upon cashing. You should also invest in property and real estate as the risk attached to these assets is very low.

[Jesabela04]

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 am just planning to put it into another investment because it is best to make a good gain out of our savings. Rather than storing it if were not using it, then it is important that were earning from it. I believe that we might sometimes be needing money and having an investment is an advantage.

[Kamote29]

if you  asking about the wise thing to do with your saving, the absolute answer is to use it as you want at first, and for the next thing is to search for good investment to yourself. Investment could help you in many things in the future. Be sure not to wasting your saving in some useless investment.

[Wong owah]

if I save it is mandatory, because if we save can make our old stock later, if you have money should never in one use, if you have money should be in the tube.

[shekinahmarie13]

Invest in mutual funds with lump sum. Choose between short term or long term debt mutual funds, which offer good returns overtime.

[Sled]

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 am just planning to put it into another investment because it is best to make a good gain out of our savings. Rather than storing it if were not using it, then it is important that were earning from it. I believe that we might sometimes be needing money and having an investment is an advantage.

I agree with that, it is best for us to have a source of income rather than a sleeping money in the bank or any place that we stored our money because it will just lose its value and it is not the best thing to have and it should be best for us to just invest our money and just keep a few percentage of our money for emergency purposes.

[TirexXS]

There are many stock options in the market that allow sustained growth to be sustained albeit very slowly. It would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest, If you generate 1 million a year, you sure do not dedicate 200 thousand of it to an emergency fund. Which brings me to my next point: the richer tend not to require emergency funds, because they keep some of their value in liquid assets as in real estate. In an emergency.

[SkustaClee]

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?

It is not good if you will just save your money in your cabinet or wallet. If you have a lot of savings, then you should invest it. The inflation rate is always in our economy, if we do not want our money to lose its value; then we should invest it.

[finzyoj]

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?

It is not good if you will just save your money in your cabinet or wallet. If you have a lot of savings, then you should invest it. The inflation rate is always in our economy, if we do not want our money to lose its value; then we should invest it.

Wise thing to do my savings? Its a good question but hard to accept if you dont have any savings.

Well the wise thing to do is separate your money in your savings, the one fourth is put it in the bank account of your children, then the another one fourth is keep it for emergency then the half of your savings is invest it in the stock market so that it will generate income to you.

[osmo]

I think the wise thing for your savings is not to invest money in savings in cyrpto currancy because it has a high risk to lose money, I think at most to invest 30% of the savings we have, in case of loss we still have money reserves

[ibrahimovik]

should put it into some form of safer investment. There are many stock options in the market that allow sustained growth to be sustained albeit very slowly. It would be better than just leaving your money in a risky investment or just letting it sit under the mattress somewhere because at least you collect some flowers.

[Casdinyard]

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?

It is not good if you will just save your money in your cabinet or wallet. If you have a lot of savings, then you should invest it. The inflation rate is always in our economy, if we do not want our money to lose its value; then we should invest it.

That's right and inflation kills people's way of living so better yet invest it wisely. I'm planning to invest now on an insurance plan, well by now we should be securing our future and as well as our love ones so we can sleep soundly every night. Diversify our savings to something that we think our money grows as it will benefits us in a long term basis.

[geegaw]

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?

It is not good if you will just save your money in your cabinet or wallet. If you have a lot of savings, then you should invest it. The inflation rate is always in our economy, if we do not want our money to lose its value; then we should invest it.

Wise thing to do my savings? Its a good question but hard to accept if you dont have any savings.

Well the wise thing to do is separate your money in your savings, the one fourth is put it in the bank account of your children, then the another one fourth is keep it for emergency then the half of your savings is invest it in the stock market so that it will generate income to you.

I do not think the stock market is a good place to generate income, you should look at the news every year, this stock market has made a lot of people bankrupt, even debt and then a series of events suicidal. You are throwing your money into the sea, you will not get anything from the stock, more practical, you should choose what can bring you a stable income or a good profit, it could be investing in real estate or opening a business, these activities are much less risky, if you do not have confidence, you can cooperate with talented people, they will help you make money

[cryptoguy1234]

The shrewd activity with your reserve funds is put it in something that gives you a benefit out of that venture you give which is fundamentally the embodiment of speculation. It is awful to stack your cash in your own wallet or vault. It is great to place it in some place where it would inevitably become perhaps following a time of being contributed or even months. For individuals who likes to hazard, cryptographic forms of money are beneficial for you. What's more, for individuals who do no need much hazard, you ought to put resources into organizations or banks that has built up great notoriety in the general public.

[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?

It is not good if you will just save your money in your cabinet or wallet. If you have a lot of savings, then you should invest it. The inflation rate is always in our economy, if we do not want our money to lose its value; then we should invest it.

Wise thing to do my savings? Its a good question but hard to accept if you dont have any savings.

Well the wise thing to do is separate your money in your savings, the one fourth is put it in the bank account of your children, then the another one fourth is keep it for emergency then the half of your savings is invest it in the stock market so that it will generate income to you.

I do not think the stock market is a good place to generate income, you should look at the news every year, this stock market has made a lot of people bankrupt, even debt and then a series of events suicidal. You are throwing your money into the sea, you will not get anything from the stock, more practical, you should choose what can bring you a stable income or a good profit, it could be investing in real estate or opening a business, these activities are much less risky, if you do not have confidence, you can cooperate with talented people, they will help you make money

Why even in real estate is also risky as if your land is in the radar of government project then you wont get much profit and starting business is same as you should first know the full business idea and it is also high risk just like investment. So it is much better that you can invest in crypto currency and if you dont want risk then you can also invest in btc but every thing is risky. So if you want low risk and profit very low then you can invest in bank fixed bond which give you low profit but it will be risk free and stable.

[Rakesh_alejandro]

Saving is one of the options available to a income earner.  These savings can be left idle in banks yielding minimal returns, which is not the best. Investments in ICO is recommended.The higher the risk associated with a venture the higher the returns. leaving money in fixed deposits is not the best. 

I think Since you can not imagine what could happen, it's better to keep your emergency fund where you can touch it physically. But it's also not good if you redeem your savings into several types of currencies that have high depreciation rates. So you should be wise with your savings.
I kind of agree with you as an emergency savings should be put in a place where there is no risk and you can easily use it anytime.