Savings Vs Investment?

[safelycrypto]

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.

[1714680872]

1714680872

[Kemarit]

Well for those investors who jump in because of FOMO, sooner or later they will know what investment is all about. How many newbies who joined in 2017, wherein all signs of a bubble is also looming, but still they go inside got burned in early 2018, then bitch around in this community saying that they have lost so much money.

So that is a hard and expensive lessons for them. Good thing though, if they're learn from their mistakes,  I'm sure they won't repeat it, and this time, they could at least break-even if the price goes on another vertical.

[Sharon121212]

You made this post https://bitcointalk.org/index.php?topic=5159440.msg51633662#msg51633662 on bitcoin discussion and if you did not move it to this section then the moderators did so making another thread in like manner to your previous thread is instigating unwanted spamming

[semobo]

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.

in all the time savings is more better than the investment because we don't have any expenses for the savings it safe in in a same place for long time but if we put the saving Sashi investment then it may be give the extra profit and also the possibility of losing your money is also available that's why if you want to be a comfortable zone then saving sis suitable for everyone

[whirlcoin]

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 think both are same but how people will manage the investment and savings in a same direction because the savings also been an investment in sometimes the investment is also a savings so that the the goal is same for everyone.

[Xalata]

Investment gives much money more than savings does. But it is good to invest wisely, by choosing the right coin, right time to invest and the right amount of money. Investment involves great risks so you need to invest only money that you can afford to lose.

[bitbunnny]

Savings is not something that could guarantee it will keep the value or even increase it. That is why because of volatility isn't the best thing to do to save in cryptocurrencies or least not the entire savings. But the same could happen with fiat funds, especially in different pension funds so even to save carries certain risk.
I think that the key is to find the right balance between saving and investing and minimise the risk. But that requests a lot of analysis and watching the trends so sometimes it's better to leave that to experts.

[adzino]

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.

What you said about the inflation part is true, but that's for a very long term. Your value will decrease if you keep it for saving due to inflation but that will take ages. As soon as people see that the price of things are rising, they will eventually start to spend from their savings. That's a natural phenomena, when inflation starts to take place, saving starts to reduce. People starts to withdraw and invest due to more expected future profit. Investment does have its risks too. Make wrong investment and you will lose everything.

[goaldigger]

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 still trust bank savings at all costs. Its such that, i have different funds to save and to invest thats why i could maintain both. Sometimes, i get some portion of my investments transferred to banks for savings and i dont get any regret doing it. You should also have those funds in you though for emergency purposes.

[exstasie]

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.

It depends on the investment. There are lots of high risk investments where you can lose most of your capital, especially in the crypto space.

I still trust bank savings at all costs. Its such that, i have different funds to save and to invest thats why i could maintain both. Sometimes, i get some portion of my investments transferred to banks for savings and i dont get any regret doing it. You should also have those funds in you though for emergency purposes.

It's good to have a cushion in the bank, but you should probably be your own bank too. Bitcoins, gold, cash. You never know when when your bank will fail. Bail-ins may be on the horizon.

[Oilacris]

Savings= Future use/ Emergencies etc. but also can be used on investment. Savings -> investment -> increased savings.Why not consider this option?

[rodel caling]

Investment gives much money more than savings does. But it is good to invest wisely, by choosing the right coin, right time to invest and the right amount of money. Investment involves great risks so you need to invest only money that you can afford to lose.

Well you had a point on that but becareful  you need to also to save for your money for  safety incase faile to succeed in the investment. As you said have risk and possible to get the lose money if this happen you have and saving to get start again for the next investment.

[dark08]

This is the scenario on how you manage your money but this two are same for long term run you can choose bank for saving your money but its also a small percentage then if you are risk taken you can go investment for Bitcoin or other trusted cryptocurrency take note invest only at your risk.

[tippytoes]

This is the scenario on how you manage your money but this two are same for long term run you can choose bank for saving your money but its also a small percentage then if you are risk taken you can go investment for Bitcoin or other trusted cryptocurrency take note invest only at your risk.

It is up to your personal preferences when it comes to your money. Savings in a bank will ensure you that you have that money even after few years of being stagnant. Interest is very very small in banks so don't expect that you will get something at the end unless you place it in a time deposit or other financial options that will earn more money as compared to traditional savings account. Whereas, investing your money to other projects will have the risk of losing all of it. But if you invest it on tangible projects that you know very well and you know it will do good in the market, then, your investments might get profit after certain period of time. Crypto investments is a very high risk one so you might want to look for other options other than crypto.

[creeps]

Savings= Future use/ Emergencies etc. but also can be used on investment. Savings -> investment -> increased savings.Why not consider this option?

Its good to consider both of these, we really have to save as the emergency funds and invest as your future funds. This must be the practice of every investors, they must do save for some liquidity purposes so that you can’t use your money on investment if something happen. Its also good to have savings, investments and other business it can help you to earn more.

[maldini]

I still trust bank savings at all costs. Its such that, i have different funds to save and to invest thats why i could maintain both. Sometimes, i get some portion of my investments transferred to banks for savings and i dont get any regret doing it. You should also have those funds in you though for emergency purposes.

It's true that it should be, investing and saving are just as important. And it's better to divide both of them where to invest and some to save as an emergency fund. All people who invest must have savings too, there is no way they are not saving because they consider saving and investing have an important role.

[el kaka22]

Savings and investment are not different from each other if you do not want to. When you earn your salary you can put some of it to stocks and call it your savings as well. Not all savings are like putting the money in bank in some account and let it be on some bank interest, that is just one option. Buying crypto is savings as well, buying gold is savings as well.

Savings refer to the act where you do not spend all your money you earned and putting some of it aside, the investment is that "aside" part where you put that savings into something that would make it go even higher while you are still saving. So, putting 100 bucks per month into bitcoin is investment AND savings, you save 100 dollars per month from your pay check and that is called savings and you put 100 bucks into bitcoin and that is called investment.

[NathanJB]

Savings are important because there are things that we cannot acquire immediately that you will have to save for it. Other than that, savings are there in case there are emergencies that arise. Apart from those, I would rather have my extra money invested in safe and profitable opportunities. Crypto, gold, real estate, stocks, etc are great investment choices.

[palle11]

What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?

Even if the money is put in the bank, the forces of economics like inflation affects the economy and in turn , the money kept won't worth its original value because it can only purchase lesser. But if such money was put into investment as liquidity, it keeps interacting with the economy positively and its value keeps raising.

Sure, investment is better for me. Is worth it to take the risk.

[Zicadis]

This largely depends on the amount of savings or investment every person is making. Someone making $1 mil a year could easily set aside half of it in "savings" while from someone that makes $500 mil a year he could simply divert 25% of his yearly income into some new company, startup or asset like a crypto and grow along with it. The main difference I think would be that savings is made on relatively stable assets and investments tend to be more risky.

With that said, you can always have both, just like any careful investment strategy you should cover both low and high risk options.