Wise thing to do with your savings.

[ennave123]

For me, emergency fund should always be available anytime in need. Talking about investment, crypto is a high risk investment as you don't have the control of the market and I think gambling your emergency savings for it is not wise. If you can allocated a percentage of your income for emergency, why not allocat something for crypto investment too. Even a little percentage can make you start earning as you are also learning through the way. It's really better not to touch your emergency savings, from the term itself "emergency" it can happen anytime. Invest wisely 

[1714156624]

1714156624

[1714156624]

1714156624

[1714156624]

1714156624

[1714156624]

1714156624

[1714156624]

1714156624

[Huent142]

Just keep continue saving, haha, I invested a part of my saving here, and it's gone. Sad story!

[laravuemaster]

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?

People will not turn into cryptocurrency if banks are profitable so in my own opinion, cryptocurrency is the best investment you can make due to the volatility of the market that makes the price of your coins to increase depending on how long you are planning to hold.

[tbterryboy]

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?

In my opinion savings need to remain saved. If you want to invest somewhere or develop some business you need to use another money and not to touch your savings. Again savings need to be saved.

I am not in favor of saving a lot of money. I think that we should only save such amount of money that can fulfill our needs, otherwise we should try to invest the rest of our money we have, I think if we will only continue to keep our money it will become devalue after sometime and even there are possibilities of stealing the saved amount. I think that the best option is to invest it in different places.

[Getmon]

Your emergency fund should not be touched nor used for some investments. That is why it is considered an emergency fund because it is there in case any emergency arise. An emergency fund is meant to be so accessible. If you will put it in a time deposit, make sure it can be withdrawn anytime easily. If I were, you I would not be putting my emergency fund in crypto investment. By the time you will need it and the market is doing bad, you might be forced to sell your coins cheaply.

[andika2018]

Though, emergency fund is very significant in an unexpected situations, you can put all the funds not in a time deposit bank account but you can rather put it all for an investment of cryptocurrency. Afterall, when the time comes that you really need the money, then you can withdraw your funds from your soft-wallet. At least, the profits you earned from your investment in cryptocurrency will grow faster and higher than putting all your money in time deposit.

To tell you honestly, I considered my online wallet as my emergency funds for example, unexpected expenses, sickness and other situations.

One thing to be considered wisely in terms of savings is that you have to double your savings through investments. Crypto currency is one of the best example on this because you can have the value of your money higher .

But we should not put all our money in cryptocurrency market. Crypto market very high fluctuation and its very high risk. Sometimes crypto movement profitable when going up but can bring big loss when market drop. Collecting cryptocurrency as investment is profitable for our future but we should save paper money in our bank account for emergency thing because our spending using fiat money.

[TurboPower]

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 figure it would be hard for different cryptos to supplant or to obsolete bitcoin. Bitcoin originates from a long keep running for right around 10 years now and it is the pioneer of all cryptos, it's cost is clearly higher than some other cryptos, and a standout amongst the most favorable circumstances of bitcoin is its decentralization which is tremendously favored by speculators not at all like different cryptos out there which is concentrated.

This are some of numerous focal points of bitcoin that would be difficult to achieve/go by different digital forms of money. On the off chance that different coins out there would need to outperform bitcoin, at that point they ought to resemble bitcoin with much better preferences.

[TitanGEL]

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?

Invest it! But before you nake investment, you should fully understand on what strategy that you are going to use. Remember that not all of investment here are safe, there are many risky investment here.

[teleted]

If you want to get rich quick you must plan the use of your time. It doesn't matter if you get paid by commission or by flipping houses in a hot market. Planning allows you to get rich quick.

[Michael_Cox]

Any good investor will tell you that money just sitting somewhere is little help to you. It is better to invest it in assets that can generate passive income. Of course its good to have an emergency fund that you might need for a rainy day. It is difficult to say of you should invest all your money in crypto currencies, but of course it is wise to diverse your investments to balance the risk. It is also good to first find more information and talk to a professional.

[hatsoff2btc]

At the moment, I am putting all my savings into my own home. And of course, it's better to invest in crypto currencies. Here earnings are 200% faster than in other ways.

Now do not waste your savings in buying something useless or something which is not in benefit so better you invest somewhere and the modern currency investment is a golden opportunity for all of us. It will generate profit for us only if we learn how to handle everything in the crypto market like if you are interested in Bitcoin investment then it is a better decision so focus on your decisions according to the market conditions.

[Muspion]

if you already have the advantage of bitcoin, actually this is the biggest trial to manage your savings or assets, my advice is to buy something in accordance with the needs not based on a momentary desire

[Barcode_]

If you want to get rich quick you must plan the use of your time. It doesn't matter if you get paid by commission or by flipping houses in a hot market. Planning allows you to get rich quick.

There is never a way to get rich fast in this world, unless the person is super lucky to be able to strike a huge windfall on the state lottery or winning himself huge amount of money in a casino overnight on a lucky winning streak, all investments needs careful planning and another key factor would be patience.

[WellDogeo]

I am a person who likes to invest so I will invest in investments that can generate passive income with my savings. This investment is less profitable but it is quite safe.

[Fitrilalala]

I do my own way to manage my money, i believe only use 20% max of your money on investment 10% for something you love 40% should be for your future. 10% for unexpected condition that could happen to you and the rest may use for living. Money management is really important but you need to understand how to safe money while you can enjoy the life you live in.

[acsaocham22]

I like the concept of the 20% method, but in that 20%, I only spend half to invest in Cryptocurrency because the main reason is the risk of Cryptocurrency.

[mark 6]

I have been investing in crypto with my most money and I most say I have no regret of investing in cryptocurrency ,it was the wise decision I have ever make.And i belive i will get my reward very soon.

[gurang]

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?

wise thing you must do is to think wisely, you can do that if you have a knowledge and you must trust on yourself to overcome it without regret

[jo123]

MAybe the common advice is to run a business so that it will be profitable but also many people forgot that they must be intellectual when they start creating their business to avoid possible losses. and the best way to save more is to manage your saving even better for the future. Give time on thinking the purpose of what you saved so you could earn more in the future by giving a part of your earning on new investment that you could manage. Just like in trading its is always better to have an option for us to earn and make a wise decision on choosing the track you would take for you to be successful in life.

[jo123]

It is very important to save something against rainy day, no one know what can happen with us in future so it is good to save something for our bad days of life, investing your money is best choice for us to save our money for our future, we should save our money in form of bitcoin as bitcoin use to increase in price but money holding is not good as it will remain the same even after holding it thousands of years so investing in bitcoin and save your money for your future.