Savings Vs Investment?

[Iceblast]

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.

savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future

It actually savings is really good and it is important but if we want to see more gain than just of saving, will investment have to play. But if we are afraid of risk, then savings will only be suited for us. Will investment isn't a place for you to engaged for.

I think we have to invest better and when the profit is obtained, we can save. this is a good step and we can make it as a safeguard of our assets from the risk of loss and loss

[Naida_BR]

I personally consider savings as conservative investments that are equal to inflation in the country of residence. Usually people deposit their fiat currencies in banks, but these banks pay low interest rates. On the other hand, if the government pursues the right financial policy, even long-term deposits are not risky. On the contrary, direct investments offer a higher interest, and those who buy shares of companies, mutual funds or crypto currencies can multiply their wealth, but such assets are more risky. That's why I prefer investments.

You are right but considering that we are in the cryptocurrency industry
savings are already an equal investment like all the others. It is a long-term investment because it provides an increasing rate (not stable though).

[iv4n]

I personally consider savings as conservative investments that are equal to inflation in the country of residence. Usually people deposit their fiat currencies in banks, but these banks pay low interest rates. On the other hand, if the government pursues the right financial policy, even long-term deposits are not risky. On the contrary, direct investments offer a higher interest, and those who buy shares of companies, mutual funds or crypto currencies can multiply their wealth, but such assets are more risky. That's why I prefer investments.

You are right but considering that we are in the cryptocurrency industry
savings are already an equal investment like all the others. It is a long-term investment because it provides an increasing rate (not stable though).

It`s not a stable rate, which is a good thing for all of us, increasing rate can be very high, it was high until now, and that trend will continue, prices can go much higher in the future. After all with money it`s always good to do something, investing in crypto is the best possible investment in the past 10 years. It`s was risky for people who made that investment, it`s risky now, but it`s better to risk then to miss this lifetime opportunity.

[Finestream]

I personally consider savings as conservative investments that are equal to inflation in the country of residence. Usually people deposit their fiat currencies in banks, but these banks pay low interest rates. On the other hand, if the government pursues the right financial policy, even long-term deposits are not risky. On the contrary, direct investments offer a higher interest, and those who buy shares of companies, mutual funds or crypto currencies can multiply their wealth, but such assets are more risky. That's why I prefer investments.

You are right but considering that we are in the cryptocurrency industry
savings are already an equal investment like all the others. It is a long-term investment because it provides an increasing rate (not stable though).

It may have an increase but its rate is very low unlike when put in an investment,it has all the chances to increase your savings amount as long as it is also managed properly.Even if crypto investment is risky as it is,but if you want to achieve profits more than what your savings interest can give,then its not bad to try some of your funds put into an investment and see how it grows.

[RealMalatesta]

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.

savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future

saving is good for collecting your wealth, but never forget inflation, of course you don't want to save money too long but precisely the value of your wealth continues to erode due to inflation, thats why other options to save are very important, namely with investment

Well, everything comes with its own risk too, you could decide to put your money too in assets and the assets depreciate, you could put it in an investment and the investment will collapse too, so there is absolutely nothing that doesn’t have risk. If we keep considering the risk, we will find ourselves not moving forward. We just have to make some drastic wise decision concerning so many things, and in this case, the best for me would be to practice both.

It is not bad if in have investment and not also bad if I have savings, they all have their own different and major roles to play in the financial system of one’s life.Without investment, there is no way we can continue to accumulate wealth, and without investment too, there is no way we can continue to have money for the savings, so both are vice versa.

[Visbay]

 I  believe that both saving and investment has an individual advantage and it all matter on how to manage it. Investing is sufficient for those who want to earn accumulate profits and willing to take tge risk. But we have to be wise and secure our money by saving appropriably.

Surely it is good to invest your money as long as we can because holding your money is useless it is only waste of time but when you invest your money it increases more than double even triple, so I prefer investing money it gives me profit and makes ways for me to survive in future rainy days, I can see price of my invested coin is rising gradually.

[peter0425]

 I  believe that both saving and investment has an individual advantage and it all matter on how to manage it. Investing is sufficient for those who want to earn accumulate profits and willing to take tge risk. But we have to be wise and secure our money by saving appropriably.

Surely it is good to invest your money as long as we can because holding your money is useless it is only waste of time but when you invest your money it increases more than double even triple, so I prefer investing money it gives me profit and makes ways for me to survive in future rainy days, I can see price of my invested coin is rising gradually.

Of course, investing is way better, that is if you have extra money in your pocket to put, say in crypto and doesn't touch it for as long as you can. That's we are really amaze by those long term holders here, specially early adopters who just lit it sit in their wallet and wait for the perfect opportunity to cash it out and make their millionaires.

[voltesbit777]

True.

With the right choices into where you will land your money it could be profitable.
Saving is just for the banks and government to keep your money in idle. Better put it into something where someday it will have fruits.

I dont think a larger percentage of people in the world have that same kind of thinking. Just living is enough with a little money on the bank.

Yes but it is again not very easy to make the best investment decision. There are people who have to contact and consultancy agencies who change them money and guide them about which asset or coins to invest in. The best thing is when you understand the market, you would be able to figure out how to go about your investment and of course the investment makes you more money than what you could make by saving the money in a bank.

Investments that makes good money can generate sustainable profit so you could save it in your bank. That's a strong confidence when we see our asset generated huge profit, but if not you won't able to save money in order to grow your savings. Taking decisions on investing is quite difficult, that's why it's better to have stagnant money in your savings rather than risking on uncertain money making that has no favorable assurance.

Both are actually profitable, their difference only is that on investment We can able to roll our capital into twice or more, and it could not also roll the capital investment too. While in savings I don't see any risk if the coins you hold is really has a potential and promising, but if not there is also risk in the end.

[stadus]

Both are actually profitable, .....

They are really not.

Investing is taking risk and it could be profitable if you are successful on it, on the hand, saving money is like keeping it safe and it does not really make you profitable, unless maybe if you deposit or invest it in the bank to earn some interest, but if you compare it against the inflation rate, it's hard to tell if it can really make profit, maybe saving to earn some interest would just hedge you from inflation rate but if hyper inflation is happening in your country, I doubt that.

[kennen1113]

Both are actually profitable, .....

They are really not.

Investing is taking risk and it could be profitable if you are successful on it, on the hand, saving money is like keeping it safe and it does not really make you profitable, unless maybe if you deposit or invest it in the bank to earn some interest, but if you compare it against the inflation rate, it's hard to tell if it can really make profit, maybe saving to earn some interest would just hedge you from inflation rate but if hyper inflation is happening in your country, I doubt that.

From the comments and complaints of many people, almost everyone will not like to save in the bank regardless of whether the bank makes a profit for them or not because with a certain calculation, we all know that putting money in a bank cannot give us an impressive source of profit. And in a developed society, everything is increasing very fast, saving in the bank will not be a good method, people prefer to invest, accept the risks that investment brings, in return, they will receive huge profits, survived in a difficult economic era

[rodskee]

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.

For me investing is gambling.you said that investment is not a gambling but for me it is.because when you do buss. And invest you never know if you gonna lose or you gonna win.if you lose your investment will go for nothing but if your buss got a big profit then good for you.in investing you are a gambler you have to face the reality accept of what will be hqppened if its good or bad.
In some point saving was good to those who wants to save there wealth without fearring of missing your wealth.like saving int the bank we think it is safe in this place that you already have welath never affraid looking for the future.
You can do both you can do saving while you do also investing.its up you to decide.

[iMark]

Both are actually profitable, .....

They are really not.

Investing is taking risk and it could be profitable if you are successful on it, on the hand, saving money is like keeping it safe and it does not really make you profitable, unless maybe if you deposit or invest it in the bank to earn some interest, but if you compare it against the inflation rate, it's hard to tell if it can really make profit, maybe saving to earn some interest would just hedge you from inflation rate but if hyper inflation is happening in your country, I doubt that.

saving at the bank does not mean without risk? The bank can also collapse if there is an economic crisis and you will find it hard to get your money back, besides inflation is something you should consider too. I think investment is also important, you need funds to move and grow so that you have financial backups in the future

[nightways]

Savings shouldn’t be something that you do for a long time, whenever you’re saving money you should be saving it for a purpose and not just because you kind of wants to increase your wealth or something like that. When you save money, it should be because you want to maybe use it to invest in your business later and grow that business to be able to gain more income in the future. Investment is good and savings is good as well, but the highest investment you can do is your own personal business. Take for example you have cloth production company, it would be better for you to invest and grow that company to a bigger one. Just saying.

[coinhunt]

I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?

[zinjo]

I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?

Nowadays both are similar format so It depends on people knowledge, I think crypto investment is little different because we can earn big profit at short term so savings are only comfortable for long term investment people. This is the right time to invest on crypto investment because we will earn quick profit in current demand.

[sulendra12]

~snipped~

If we are talking about Bitcoin or any other stuff like these 2 things are related each other. I mean, the more you are saving your assets like Bitcoin or gold and that means you are doing an investment as well by holding those assets.

[BitcoinHunt3r]

I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?

Nowadays both are similar format so It depends on people knowledge, I think crypto investment is little different because we can earn big profit at short term so savings are only comfortable for long term investment people. This is the right time to invest on crypto investment because we will earn quick profit in current demand.

Investment i think is better because savings is actually an investment too. And if we only save our money, it wouldn't developed and only get fees per certain times. Investment both mid, short, or long term will be better.

[Carreuh]

If I think this investment and savings are different, investment can add to the coffers of money that we have but savings do not add to the coffers of our money, and again this investment has a risk of loss too, so if it is told to choose then I keep  choose investment because you want to make a profit even though it's at risk

[omonuyak]

I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?

I do read many investment's books and all of them give advice that " saving is for the working class why investing is for the businessmen". The only way we can become extremely rich is to invest and if you cannot invest what you have saved you will forever remain poor or limited. Investing is the activities of the wise why saving are not always enough for the raining days.

[Lanatsa]

I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?

Nowadays both are similar format so It depends on people knowledge, I think crypto investment is little different because we can earn big profit at short term so savings are only comfortable for long term investment people. This is the right time to invest on crypto investment because we will earn quick profit in current demand.

Investment i think is better because savings is actually an investment too. And if we only save our money, it wouldn't developed and only get fees per certain times. Investment both mid, short, or long term will be better.

Investment is always been better yet you would able to increase your savings on this case rather than letting your money sit on a bank or any other storage but if
you don't know on how to utilize your funds or isn't sure on where or how to invest then its more wise to keep those funds not moving rather than on risking it without any sureness or proper plan on mind.