Savings Vs Investment?

[Danumsigwasan]

We need to do both in order to succeed, if we just go with savings or investments, it’s too risky so balance is the key. Also, our investment needs to be wisely done instead of random, as that could end up in very much wrong way.

[Visbay]

I prefer investing in both cryptocurrencies and investing in gold. If investing in crypto I always buy bitcoins when price is cheap and so are buying altcoins. If in gold I always hold will not sell it. Because gold will not happen inflation.

For me this is not good to invest my money in gold as we know gold is not worthy investment in this era. Bitcoin is the best coin as you are already doing but maintain your investment and buy bitcoin, ETH as well. Bitcoin is the best choice among everything that we use as investment because bitcoin has certainty to grow in price and it never make us suffer lose.

[verita1]

I prefer to do both! Currently after researching everything I could I decided to invest in a crypto project that can give you a loan if you deposit a minimum of $ 500 on BTC or the equivalent in any other cryptocurrencies. You can deposit an amount of its token and do not withdraw it and you can earn 32% interest. It also has other benefits and is the reason why I joined because it has passed all the trust tests, it has good marketing and in this project, I can do both Invest and Save.

[Negotiation]

Both are good but I think it is better to invest in savings. Because you have to save up for a certain amount of time, which you cannot afford even if you wish. You will be able to pick it up after the specified time. But if you invest, you get a lot of profit every day. Where to invest that is good if you can make a lot of money in a small amount of work.

[OrangeII]

Indeed, if it is related to inflation then investment will be the main option, but the problem is that not everyone or investors will really invest in the right project so that in the end it will suffer losses too because the returns do not reach as expected. So in this case I think both are good as long as we can control ourselves to not be greedy, because after all savings and investment will ultimately have benefits too if we know the right time from many factors and situations.

I think if it depends on conditions like an investment, I think people will compete to invest, especially in bitcoin. well, this has happened. however, under normal circumstances, for now, I prefer investment over saving. Well, maybe I'll save some for emergencies. but, if you are a businessman, I think the investment has become like the thing that needs to be done.

[gabmen]

Indeed, if it is related to inflation then investment will be the main option, but the problem is that not everyone or investors will really invest in the right project so that in the end it will suffer losses too because the returns do not reach as expected. So in this case I think both are good as long as we can control ourselves to not be greedy, because after all savings and investment will ultimately have benefits too if we know the right time from many factors and situations.

I think if it depends on conditions like an investment, I think people will compete to invest, especially in bitcoin. well, this has happened. however, under normal circumstances, for now, I prefer investment over saving. Well, maybe I'll save some for emergencies. but, if you are a businessman, I think the investment has become like the thing that needs to be done.

Yeah almost all successful businessmen would tell you to find ways to make your money work for you. Though of course we can't remove the importance of having your own savings, investing is what will make you go far financially. Simply put, you need to have both.  Making an investment takes time and effort to be successful so you need to have your savings on the side in case things don't go the way you want them to go.

[HarmonyA]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

FOMO is for day traders and those who want urgent profit. FOMO shouldn't be considered as an investment.
Saving is good but to not devalue it worth due to inflation, I do prefer saving with fix deposit a reasonable percent of my money.
Every form of savings should add value to it what was saved, people should reduce stockpiling money in the banks while banks lend your money, or use it to trade.
They make a profit from your savings without interest, rather they still charge you for Saving( Using) your money. We should do anything legally possible in ensuring that our savings add value rather than devalue.

[MWesterweele]

We need to do both in order to succeed, if we just go with savings or investments, it’s too risky so balance is the key. Also, our investment needs to be wisely done instead of random, as that could end up in very much wrong way.

Inflation cannot be prevented because it always happens in every nation . We should invest for us to grow then money we are holding, if we want to have a larger earning in the future an investment is needed, we can secure our future budget, money when we invest rather than only saving it, when we save , that money will never grow, or it will grow up but only a penny.

[LUCKMCFLY]

~snip~

In the traditional economy, saving was an option for many, who saw that it had many benefits, but due to the pace we are living, and as you say, inflation problems and many rumors about the possible crash of the world economy.

While investment is a good way to shelter money and value from it, diversifying into Bitcoin and Gold is not a bad thing, however money according to many Investment book authors advise that they should invest to have long-term benefits, it is much better than earning annual interest in a bank that offers less than 24%, while in investment of Real Estate, Bitcoin, Stock Market and Gold it can exceed 24%. I take 24% because it is a round number that no bank offers, it could be said that no bank gives a quarterly interest of than 6%.

Then there are risks in investment, if in the stock market you do not invest in the action that is correct, you may be able to lose some money, if you invest in Bitcoin you will have for now an assured success because you have already fulfilled according to Wyckoff the accumulation stage and It will have an ATH greater than $ 20k, that is an incentive for investment there and gold for being the traditional asset of global trust.

[Magkirap]

It's better to put your money in savings to save your money from risky investment here in crypto. Huge dump will be happened once you invest a coin with no potential to increase.

Well of course if you are only planning it to save and staying away from riský investments then go save and lose the opportunity of growing your money but of course when you do invest here in crypto make sure that your coin has some good future like of course bitcoin and some more. But of course combining both will be even more better, invest your money now in cryptocurrency and then after you gain some profit go and save a portion of it for future use and then continue investing in crypto.

[makolz26]

It's better to put your money in savings to save your money from risky investment here in crypto. Huge dump will be happened once you invest a coin with no potential to increase.

Well of course if you are only planning it to save and staying away from riský investments then go save and lose the opportunity of growing your money but of course when you do invest here in crypto make sure that your coin has some good future like of course bitcoin and some more. But of course combining both will be even more better, invest your money now in cryptocurrency and then after you gain some profit go and save a portion of it for future use and then continue investing in crypto.

We should not tell to people to invest in cryptocurrency as we are not helping them, we are just pushing them for our own benefit, but let's us tell them that if they are not ready yet then they should take their time and better to know everything before they will invest their hard earned money, investing is good, but this is for the people who are ready to lose some of their money too as investing is not always winning.

[JessicaVL]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

Absolutely - saving may have worked in the past but no longer. The cost of living far exceeds the amount that most people are able to save, and inflation will guarantee that any savings you make now will not amount to much in the future. Smart and strategic investment is the way to go in this scenario. Not giving into fomo and fud can be a life saver, as can finding the right platform (I like marketplaces like  Vertex.market), and only investing as much as you can afford to lose. Accumulating wealth takes time, and crypto definitely isn't a get rich quick scheme, but strategic investment will pay off - there's no doubt about that.

[lienfaye]

We need to do both in order to succeed, if we just go with savings or investments, it’s too risky so balance is the key. Also, our investment needs to be wisely done instead of random, as that could end up in very much wrong way.

Inflation cannot be prevented because it always happens in every nation . We should invest for us to grow then money we are holding, if we want to have a larger earning in the future an investment is needed, we can secure our future budget, money when we invest rather than only saving it, when we save , that money will never grow, or it will grow up but only a penny.

Indeed, what we need to do is find an investment that best suits us and we have deeper knowledge on how it works to avoid making mistakes. Investing is not that easy and cant guarantee anything so we should be wise when choosing where to invest our money. Then if we already earn thats the time to save a portion of our earnings to be prepared for future expenses.

[Karmakid]

We need to do both in order to succeed, if we just go with savings or investments, it’s too risky so balance is the key. Also, our investment needs to be wisely done instead of random, as that could end up in very much wrong way.

Inflation cannot be prevented because it always happens in every nation . We should invest for us to grow then money we are holding, if we want to have a larger earning in the future an investment is needed, we can secure our future budget, money when we invest rather than only saving it, when we save , that money will never grow, or it will grow up but only a penny.

Indeed, what we need to do is find an investment that best suits us and we have deeper knowledge on how it works to avoid making mistakes. Investing is not that easy and cant guarantee anything so we should be wise when choosing where to invest our money. Then if we already earn thats the time to save a portion of our earnings to be prepared for future expenses.

Knowledge is the basic foundation of all the things in this world. So as in investing, if you don't have any knowledge even the basics or the fundamentals to check before to invest their you will not have a good journey or progress. Invest in knowledge first so you will have an easier time to get into different opportunities that the world offers to us.

[crisanto01]

Knowledge is the basic foundation of all the things in this world. So as in investing, if you don't have any knowledge even the basics or the fundamentals to check before to invest their you will not have a good journey or progress. Invest in knowledge first so you will have an easier time to get into different opportunities that the world offers to us.

We really need to have knowledge in everything, it will be our foundation in our daily life, knowledge doesn't mean we need to be a masteral or doctoral graduate, but how we deal with our everyday life, how we are using our time and money wisely. If we really wanted to become successful, let's all remember that we need to do something that our future will thank for.

[JC btc]

Knowledge is the basic foundation of all the things in this world. So as in investing, if you don't have any knowledge even the basics or the fundamentals to check before to invest their you will not have a good journey or progress. Invest in knowledge first so you will have an easier time to get into different opportunities that the world offers to us.

Absolutely, remember that those who has lack of knowledge are the ones who can be belittle by those who has knowledge. Just like in ICO, they are keeping and saying a lot of promise in the community and telling and telling people that an Emperor didn't build in days, but in fact they are just using and taking your mind because you don't have much knowledge, and that is what ICO scammers like, to manipulate those people who has lack of knowledge.

[Malamok101]

It's better to put your money in savings to save your money from risky investment here in crypto. Huge dump will be happened once you invest a coin with no potential to increase.

[UserMatt1]

IMO its great to always save, but it can profitable also to invest in low risk, that is kinda a half way between saving and investing   

[icekohl]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

I have heard this many times, but the problem is whether we can afford to invest, because not everyone has the knowledge to avoid losing money when investing. Saving is still a safe way if you have a high salary, you can save in a bank and earn interest, instead of risking it with other types of assets.

[Webetcoins]

Knowledge is the basic foundation of all the things in this world. So as in investing, if you don't have any knowledge even the basics or the fundamentals to check before to invest their you will not have a good journey or progress. Invest in knowledge first so you will have an easier time to get into different opportunities that the world offers to us.

We really need to have knowledge in everything, it will be our foundation in our daily life, knowledge doesn't mean we need to be a masteral or doctoral graduate, but how we deal with our everyday life, how we are using our time and money wisely. If we really wanted to become successful, let's all remember that we need to do something that our future will thank for.

Your degree does not makes you a learned man at all if you are not implementing in lives what you have learned from books. Indeed wise are those who cash their time and use their money on right things. In today’s world, time is money and you shall need to know how to utilize it in appropriate way. I have seen people with degrees but they are failures in lives. Knowledge is zero without its practical side.