Wise thing to do with your savings.

[BitcoinMarketer39]

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, seperate it from the money you used from your everyday expenses. Don't use your saving in the things that you not needed, 50% of your savings should be preparation for emergency purposes and the other is for investing to make your money grow and to have more savings.

In my own opinion, the best thing to do is just start your own business because in this way you will have income monthly without waiting for the profit of your investments in cryptocurrency.

[1715141993]

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[1715141993]

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[Bitkoyns]

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, seperate it from the money you used from your everyday expenses. Don't use your saving in the things that you not needed, 50% of your savings should be preparation for emergency purposes and the other is for investing to make your money grow and to have more savings.

In my own opinion, the best thing to do is just start your own business because in this way you will have income monthly without waiting for the profit of your investments in cryptocurrency.

that is the best thing to do, make another source of income do not lean your back to crypto because we dont know what will happen next, it is better to have an investment due to your earnings here. Make more assets because of crypto.

[tepakpak]

The first thing I will do is to invest some of my money by investing in bitcoin, it is my long-term assets. Then for some more to build a business. Residential business for now is very profitable.

[udana123]

If the liquidity ability of the investment that you are going to do with your "Emergency" fund is very low, then you will fall in to a big trouble at an emergency situation because investing in crypto has a very less liquidity status. Its like you have non-current stocks in your hand. Therefore I suggest to just keep that in a bank account which can be easily withdrew.

[pinkpanther03]

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?

When we say emergency funds, it means anytime you/we can withdraw or en-cash it anytime we want. Now if I am going to ask by someone, it

is much better to invest some of your savings into cryptocurrency then buy it to all potential coins out there in the platform where you are sure

that you can roll it up in doing trade. Just make sure you know what you are doing when you are in  the trading platform due to if not, you will

be wreck for sure or better not doing it, instead you blame yourself in the end.

[HasithaM]

I comprehend that we have diverse routes on the best way to utilize our reserve funds or when we will going to spend to the degree that we won't lament our own particular activities. For my situation, despite everything I favor my reserve funds to be kept some place safe since I know beyond all doubt that I will require that later on. I additionally like contributing my cash to some crypto related business particularly in the event that I have the information and additional cash. For whatever length of time that I question in a specific thing, I would not keep doing that, then again in the event that I am sufficiently certain then I would let it all out.

[Popov_popov]

If you want to make a profit - invest, if you want to save money, hide under the mattress.

[Xenoph0bia]

Wisest thing to do with your savings is invest some part of it into potential coins. As the market is in a dip, this is the best time to buy your favourite coins at their lowest price and earn maximum amount of profit.
However, do not invest in pump and dump coins. Instead keep an eye on your favourite coins in the market for some time, observe their statistics and then invest your money. Some of the potential coins to invest in right now are Bitcoin, Ethereum, Litecoin, Ripple, Monero.

[b_oo]

All of my savings, every little extra dollar here and there has gone into crypto. Not the smartest of things to do at the moment, but we will see. Have to take chances.

[CoinSpeculator]

 think allocating 20% of emergency savings to invest in cryptocurrency is worth a try, although a little risky but worth doing, you should choose the right investment, you can also try on short term deposits and expect a little interest, or you invest your money in stocks return the profit briefly.

[darkphoenix2610]

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?

When we say emergency funds, it means anytime you/we can withdraw or en-cash it anytime we want. Now if I am going to ask by someone, it

is much better to invest some of your savings into cryptocurrency then buy it to all potential coins out there in the platform where you are sure

that you can roll it up in doing trade. Just make sure you know what you are doing when you are in  the trading platform due to if not, you will

be wreck for sure or better not doing it, instead you blame yourself in the end.

Exactly, the emergency funds coming from your pocket is not easy to earn, It will be used for supporting your self when the crypto market is in crisis, It depends on how you will use it, If I have that fund, I will use it in better ways like, creating my own set of coins and alts to buy that have a great potential in making profits.

[Norihiro]

I don't think that it is wise to follow any strict schemes. Wise thing is to adapt accordingly and efficiently, and to think by your own mind.

[filtyfrank251]

All of my savings, every little extra dollar here and there has gone into crypto. Not the smartest of things to do at the moment, but we will see. Have to take chances.

I did the same thing a year ago and I feel it is a great decision because it gives me money and a lot of great investment experience. I think if there is some savings and you want to invest that amount then cryptocurrency is very suitable in this moment.

[dlhezter]

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, seperate it from the money you used from your everyday expenses. Don't use your saving in the things that you not needed, 50% of your savings should be preparation for emergency purposes and the other is for investing to make your money grow and to have more savings.

In my own opinion, the best thing to do is just start your own business because in this way you will have income monthly without waiting for the profit of your investments in cryptocurrency.

that is the best thing to do, make another source of income do not lean your back to crypto because we dont know what will happen next, it is better to have an investment due to your earnings here. Make more assets because of crypto.

Yes agreed, business is the first and best thing to do with your funds, or you can also invest it in some properties, and also invest it in some profitable area of business , You can do what ever you want with your funds, You have to decide for it, to make it a better purpose, also always keep in mind that in earning it should be fair and neat, always think of the possibilities.

[maraclariss14]

I comprehend that we have diverse routes on the best way to utilize our reserve funds or when we will going to spend to the degree that we won't lament our own particular activities. For my situation, despite everything I favor my reserve funds to be kept some place safe since I know beyond all doubt that I will require that later on. I additionally like contributing my cash to some crypto related business particularly in the event that I have the information and additional cash. For whatever length of time that I question in a specific thing, I would not keep doing that, then again in the event that I am sufficiently certain then I would let it all out.

It is a good mindset after all, creating some good decisions regarding your funds is really a good mindset because it will utilize your profits on that matter, also providing some alternatives route to support your incomes.

[Circles]

Sometimes it's hard to save because you want to spend it, so I suggest setting goals. Think of certain things that you want to buy, but might be a little out of your budget. That motivates one to save.

[katarin2030]

The first thing I will do is to invest some of my money by investing in bitcoin, it is my long-term assets. Then for some more to build a business. Residential business for now is very profitable.

Investing in cryptocurrency  be the wise thing, instead of spending the savings on useless things it would be more appropriate to invest in bitcoin or any of the altcoins, because cryptocurrency have fancy of chances getting the profit.

[poonampawan]

Emergency funds should never be invested in risky markets like cryptocurrency. For them, time deposits or mutual funds are best option. But if the investor wants to invest them in crypto then he/she should do some research and put his money in safe coins which has good tech and future success possibilities in long term.

[Black Angel]

If we rely too much on saving and hope the bank interest will not make our money increase, but there are things that can make money grow quickly with investment, many investment options such as stocks or cryptocurrencies are now popular.

[Btcepenbob]

The wisest for you to do in your savings is to invest in cryptocryptocurrency. In cryptocurrency investment is like saving while you are gaining profit on it if you are lucky enough.