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Author Topic: Savings Vs Investment?  (Read 3871 times)
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September 21, 2019, 01:05:55 AM
 #221

I think saving coins and investing coins are almost the same, both of them also apply to save coins for the long term or the short term, but for this investment you should be able to choose a coin that has the potential for price increases so that you can get a lot of benefits when storing large amounts of coins.
I think saving here is saving in the form of FIAT, while investing is exchanging it for cryptocurrency or maybe gold.
and of course saving in cryptocurrency is a good decision, because the price of cryptocurrencies will continue to rise, and the value will not weaken like FIAT.

 
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September 21, 2019, 04:53:26 AM
 #222

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.
But we still should save some at the banks to get interest. Because you will not be able to know the future of your future, so you need to prepare a fund to prevent your health risks. Don't invest all, we should only invest 40% of the total assets, the rest we should spend on other things more reasonable.

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September 21, 2019, 08:16:47 AM
 #223

In my opinion, investing is always gambling. Name at least one investment that is not risky. Is that banking. Everything else, especially investing in cryptocurrency, has a very high risk,
which decreases only with long-term investments. The only investment that always pays off with the right investment is investing in your own education.
not all investments are gambling. try to look from the other side. such as investment in land, gold, houses, and others. in cryptocurrency, it does have a movement that is quite difficult to guess, but with accurate information, it can be a definite investment. Remember, when many information about development of crypto occur in early 2017, of course those who have accurate information will hold their assets until the end of the year and get a big profit at the end of 2017. Investing is not a gamble when you know what you are investing.


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September 21, 2019, 07:40:25 PM
 #224

not all investments are gambling. try to look from the other side. such as investment in land, gold, houses, and others. in cryptocurrency, it does have a movement that is quite difficult to guess, but with accurate information, it can be a definite investment. Remember, when many information about development of crypto occur in early 2017, of course those who have accurate information will hold their assets until the end of the year and get a big profit at the end of 2017. Investing is not a gamble when you know what you are investing.
You're wrong. You are pertaining to different things. The investment bitcoininst is talking about is an investment in cryptocurrency. What you're pertaining is different on what he was saying. I mean, that's out of the line since you're in trading discussion.

 
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September 21, 2019, 08:09:37 PM
 #225

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 is good because your money is secured you just wait for the price increase to come at the right price for you. While investing is good also but you have to bet your feelings and expectations to have a chance to earn big money. Its like a gambling its either you win or lose.

Investments are always a risk. However, these activities are supposed to bring a profit. savings are needed, but with the investments, you will have a chance to let money make money. The Internet has opened our way to the world of investment, and cryptocurrencies have made it as short as possible. I regularly invest in Bitcoin when I get a salary but it is only 15-20% of the money I own.
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September 21, 2019, 09:55:23 PM
Last edit: September 22, 2019, 05:19:56 AM by PuertoLibre
 #226

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 is good because your money is secured you just wait for the price increase to come at the right price for you. While investing is good also but you have to bet your feelings and expectations to have a chance to earn big money. Its like a gambling its either you win or lose.

Investments are always a risk. However, these activities are supposed to bring a profit. savings are needed, but with the investments, you will have a chance to let money make money. The Internet has opened our way to the world of investment, and cryptocurrencies have made it as short as possible. I regularly invest in Bitcoin when I get a salary but it is only 15-20% of the money I own.
Money makes money.. Right, it is called compound interest in the financial markets and the category is named as passive income. In investing the risks are always high due to the random event series on the world and these events can cause sharp price changes on any financial markets included cryptocurrency markets. For making money with compound interest, the profits are separately invested in the low price altcoins. After the given timeframe, the altcoin portfolio will reach the target value and the smart investors will invest more with the money coming from interest.

By the way, financial markets never sleep and crypto investors should use available special online tools in order to keep watching daily performance issues of their cryptocurrency portfolio. In every price increment, the new investors add or take out from their market trades and they are the main cause of unexpected price change from my experience. Anyway, in the crypto investment industry, the weak hands are not respected by the rest of the market traders and the stronger hands become a winner of the bull/bear open battle today or tomorrow. Just my 2 cents.

 
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September 21, 2019, 10:26:09 PM
 #227

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?

Inflation is an ordinary thing not only in the cryptocurrrencies but also inflation of goods and services.You should be wiser regarding of your earnings… you can put some as your savings and some for investment, so you can balance and steady and get more earnings…
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September 22, 2019, 10:32:29 AM
 #228

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 will say that we should Invest and Save, because inflation  reduces the worth of Savings while Investing nullify the harm that inflation brings. Savings are your rescuer in time of adversity, therefore Saving and Investing should walk side by side to maintain a sustainable financial lifestyle.

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September 22, 2019, 01:40:03 PM
 #229

Savings is good because your money is safe you can hold hold it until you want the price already. But investing is much very good because investing you can earn more than you expect if the price is going up. I can have the chance to reach my price goal.
I would love to hold BTC for long-term investments because my savings will certainly be very useful in the near future if BTC tends to rise. This market brings a lot of opportunities for many investors and if you have a large amount of money and do not know what to do, it is best to invest some BTC because this is probably the most profitable savings you have ever known .I have been holding since BTC at $4,000 and my profits have now doubled in just a few months of waiting
It was very good when the price was in that range when you started to hold bitcoin at least you only waited 6 months until now, I don't know if you have sold it or will continue to hold it for longer, because if you have sold it right now I don't think it will be a problem. But indeed, investment is the best way if we want to double profits compared to just saving which will not make its value increase even though it is saved for a long time.

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September 22, 2019, 07:59:51 PM
 #230

Holding is cool, but it’s almost unreal to sell bitcoin on the top price, nobody can watch charts without nervous when bull run.

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September 23, 2019, 02:55:41 AM
 #231

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 also strongly believe in this. Savings for me is a  money that I will be needing when I there is an emergency and I need a good amount of money asap. While investments are when you think about your future and you want your life to be better in the next couple of years. And OP is right that when investment is good when it is done right because most of investors' mistake is putting their hard-earned money in pyramiding scams that promises roi that is too good to be true.
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September 23, 2019, 02:14:33 PM
 #232

I am too risky and investments is a major part of my life, but savings , I am run out of savings, my money works for me and sometimes I regret that I don't have any savings
You claim that your money works for you but you have no savings? Why so, do you understand that this is necessary?

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September 23, 2019, 09:08:04 PM
 #233

I am too risky and investments is a major part of my life, but savings , I am run out of savings, my money works for me and sometimes I regret that I don't have any savings
You claim that your money works for you but you have no savings? Why so, do you understand that this is necessary?
For sure its really very important to have saving for your future as we don’t know what Will happen to us in future be ready by making assets. If you save money it’s not good idea it’s much better to store your money in form of crypto investment so that after few years you will be able to sell your coin at double price and you will have no worries about bad days of future.

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September 24, 2019, 01:28:15 AM
 #234

Savings is good because your money is safe you can hold hold it until you want the price already. But investing is much very good because investing you can earn more than you expect if the price is going up. I can have the chance to reach my price goal.
I would love to hold BTC for long-term investments because my savings will certainly be very useful in the near future if BTC tends to rise. This market brings a lot of opportunities for many investors and if you have a large amount of money and do not know what to do, it is best to invest some BTC because this is probably the most profitable savings you have ever known .I have been holding since BTC at $4,000 and my profits have now doubled in just a few months of waiting
It was very good when the price was in that range when you started to hold bitcoin at least you only waited 6 months until now, I don't know if you have sold it or will continue to hold it for longer, because if you have sold it right now I don't think it will be a problem. But indeed, investment is the best way if we want to double profits compared to just saving which will not make its value increase even though it is saved for a long time.
This investment always makes all investors happy and during that time I did not have any worries about this market. Actually this investment has changed my life a lot and now I still hold it because I believe that the price of $20,000 will come back again because of a lot of good news related to the market recently and Bitcoin value will rise in the near future

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September 24, 2019, 02:16:22 AM
 #235

Investment is much better because saving as the word goes which means to save money. So basically, you are just putting your own money aside for future or normally emergency purposes like when you get sick. While investments will give you returns and it keeps growing depending on what kind of investments that you have because that main example where your money grow is in banks.
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September 24, 2019, 04:51:26 AM
 #236

Savings is good because your money is safe you can hold hold it until you want the price already. But investing is much very good because investing you can earn more than you expect if the price is going up. I can have the chance to reach my price goal.
I would love to hold BTC for long-term investments because my savings will certainly be very useful in the near future if BTC tends to rise. This market brings a lot of opportunities for many investors and if you have a large amount of money and do not know what to do, it is best to invest some BTC because this is probably the most profitable savings you have ever known .I have been holding since BTC at $4,000 and my profits have now doubled in just a few months of waiting
It was very good when the price was in that range when you started to hold bitcoin at least you only waited 6 months until now, I don't know if you have sold it or will continue to hold it for longer, because if you have sold it right now I don't think it will be a problem. But indeed, investment is the best way if we want to double profits compared to just saving which will not make its value increase even though it is saved for a long time.
This investment always makes all investors happy and during that time I did not have any worries about this market. Actually this investment has changed my life a lot and now I still hold it because I believe that the price of $20,000 will come back again because of a lot of good news related to the market recently and Bitcoin value will rise in the near future
As long we know what we invested in, i think it will be better to do investment than saving. Because like what people said about bitcoin, it's price have possibilities to up again maybe new ATH or maybe it can surprised us. Or maybe do both of invest and saving so when we lose 1, still have rest of money to make profit.

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September 24, 2019, 05:35:45 AM
 #237

you can't rich if don't invest, just hold some crypto in top 5 then wait your profit. goodluck
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September 24, 2019, 09:46:26 AM
 #238

Investment is much better because saving as the word goes which means to save money. So basically, you are just putting your own money aside for future or normally emergency purposes like when you get sick. While investments will give you returns and it keeps growing depending on what kind of investments that you have because that main example where your money grow is in banks.
There is no need to invest if you have a job and you are contented with what you earn for your living.
Investing is risky, you might be able to grow your money but the risk of losing money is also here, that's why majority of the people prefer to work, get their fixed and regular paycheck monthly because that ensures them money as long as they do their job.

In investing, you need to be good, you need to compete in the market if you are managing your own business, if you are also investing in crypto, you also need to choose the right coin that could give you better ROI in the long run, but we know how unstable the market is, so that alone says there's a high risk our investment will fail.

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September 24, 2019, 11:21:54 AM
 #239

Investment is much better because saving as the word goes which means to save money. So basically, you are just putting your own money aside for future or normally emergency purposes like when you get sick. While investments will give you returns and it keeps growing depending on what kind of investments that you have because that main example where your money grow is in banks.
Everyone mindset is very different in this market and a lot of people have the same ideas as you but some don't. I think that if the savings can invest in this market, you do not need to worry too much about the profit because Bitcoin is always a safe asset for all investors. In fact, if you want to use it for important issues, you can switch to Fiat at any time because this market has great liquidity.

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September 24, 2019, 01:06:18 PM
 #240

Investment is much better because saving as the word goes which means to save money. So basically, you are just putting your own money aside for future or normally emergency purposes like when you get sick. While investments will give you returns and it keeps growing depending on what kind of investments that you have because that main example where your money grow is in banks.

Im a bit confused with your statement. You can save your money in banks while earning certain percentage yearly, and thats considered as investment. You cant just simply save your money on your own and keep them somewhere in your room, because thats a ground for the anti-hoarding law, for deprieving the bills out of the circulation. It would be wise to keep them in banks instead, you can even enjoy the interest from the amount of money you saved.

 
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