Savings Vs Investment?

[illnino]

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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[PuertoLibre]

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.

[Solenith0420]

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…

[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.

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.

[hahay]

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.

[serantepe]

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

[Darklinkz]

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.

[serantepe]

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?

[cryptic4000]

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

[The Cryptologist]

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.

[BitcoinHunt3r]

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.

[duchiep37]

you can't rich if don't invest, just hold some crypto in top 5 then wait your profit. goodluck

[Botnake]

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.

[PLATO]

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.

[Oasisman]

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.

[serantepe]

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.

I just wanted to say the same thing. For me, investments are the form of savings that can increase my capital.

[wxa7115]

it depend how you want grow your money, short/long time.
and you can do both if you want, the different if you do trading you can instant take quick profit.
investment is better for people people who dont know about trading, you just put your money and hope the price will rise.
and in trading you must learn technical,fundamental analysis,news,pump,dump,cutlose,scalping and many more, you need to be serious if want learn trading, even if trading is unpredictable job :

Everyone wants to get profit as fast as possible. It would be nice to read a good book on investing on your recommendation.

Yes it’s much better to get educated about trading and investing before starting it will help you avoid mistakes. If you have money you can invest that amount in profitable coin trust me in few months you will see the difference and your money will be double. But for this you will have to save your investment as long as possible.

There is no doubt that it is way better to learn as much as you can about trading and investing before you start doing it otherwise the risk that you lose all of your money can be incredibly high especially if you invest in new altcoins, however I disagree with your assertion that by doing so you can double your money in a few months, that is not the way it works, if the market is not giving any profits and it is going down constantly then there is no way for you to make profits.

This is why new traders can lose almost everything that they have very fast because they get desperate, instead of waiting for the right opportunity they try to make profits when the market conditions doesn't allow it.

[bitbunnny]

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.

How come that Bitcoin is safe asset for investors? You have obviously forgotten about volatility, so you might get profit as well as you can lose.
That is why it's very important to diversify investments and combination with saving is even better. That is actually the only way that you can be sure that you will have at least some back up funds.

[ChrisPop]

From various educational resources I have learned that saving is actually more risky than investing. People must understand that they need to "get rid" of the fiat currency as soon as they receive it. Be it by investing in some hard assets like real estate or in stocks, bitcoin, etc. That's when a financial advisor is worth your money especially if you have a considerable amount of wealth.

[serantepe]

From various educational resources I have learned that saving is actually more risky than investing. People must understand that they need to "get rid" of the fiat currency as soon as they receive it. Be it by investing in some hard assets like real estate or in stocks, bitcoin, etc. That's when a financial advisor is worth your money especially if you have a considerable amount of wealth.

I agree with you, you can very easily lose money, they can depreciate, they can be stolen, or you yourself can lose them.