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May 08, 2022, 03:01:49 PM
 #61

I would put it a little differently. I don't like the word "save". For me, this word is associated with poverty. But the expression "spend wisely" is more suitable. If a person has a goal or an idea for which they are going to save money, then there is motivation. But to deprive yourself of a lot to invest in the future, to be honest, I don’t see the point. No one knows how long your life will last, and depriving yourself of everything, constantly saving, at some point may seem very stupid.

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Lubang Bawah
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May 08, 2022, 03:23:56 PM
 #62

It cannot be denied anymore that the best investment right now is Cryptocurrencies, the investment that is always in the hands and we control completely without depending on anyone, it has been proven that Crypto is an easy way to succeed and rich, so immediately do it now.



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May 08, 2022, 03:48:22 PM
 #63

it has been proven that Crypto is an easy way to succeed and rich, so immediately do it now.
No, it shouldn't be as easy as you think because you and other users know that crypto investing is not only about profit but also about risk of loss. It is not good to think that this crypto investment promises profit, success and get rich quick because that is the characteristic of Ponzi investing. Crypto investing is a great way to take advantage of market fluctuations due to supply and demand. The growth in adoption and increasing buying interest have led to investors getting worth it returns.

So, you should not think that crypto investing is a get-rich-quick and easy scheme to achieve success. There are many investors who fail because they do not know how this investment works and also how to secure their investment assets, and there are many traders who lose because they are unable to control their emotions and trading psychology and it must be a fact that these investments and trades do not promise anything even though investors and trader have taken a lot of advantage from it.

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May 08, 2022, 04:18:59 PM
 #64

Get money - save money  - Invest money is the way of life. I doubt there are people in this world that Get Money and don't invest in whatever business it may be.
Investment is a wealth building process in which the investor have an opportunity to earn returns to increase his/her money.

Even if you have some fiat savings in the bank is not a bad idea, it is important to have a plan b, besides you still need fiat as it is still the only legal currency. It is better to invest 70% of your money and keep 30% cash in the case of a bad investment. And speaking of which it is important to know the kind of investment, crypto, real estate, agriculture are good sectors to invest.
I have to agree that there is a good reason why all the rich people got rich by basically either building a business, or just investing into the right business' at the right time. If you want to be rich enough to retire early and all that, then you will be able to do that however you invest, as long as it is good investment for the long future time, then you will be fine.

But, never expect your investment to be as good as starting a new business. Most major rich people became rich like that. I suggest doing this to start, working hard, earning more, saving a lot, investing wisely, but when you reach to a level, start considering starting a job.
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May 08, 2022, 04:34:50 PM
 #65

investing is the same as saving, now crypto provides the best opportunity for those of us who save money in a bank or in a home safe to take the option of investing in crypto. money invested in crypto can work for us, and can grow more and avoid inflation in our country. Saving for today for tomorrow's needs is a very good financial management, there is no need to splurge if tomorrow is not clear about our financial income.

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May 08, 2022, 04:42:47 PM
 #66

It cannot be denied anymore that the best investment right now is Cryptocurrencies, the investment that is always in the hands and we control completely without depending on anyone, it has been proven that Crypto is an easy way to succeed and rich, so immediately do it now.
Not really that bad to be that optimistic but you shouldn't really make yourself to be that too positive in regards to your investment specially with cryptocurrencies because despite on having big potential,you can't really still not able to assure about making profits.Losing chance is still there which means that you can't really have that risk free one.Savings is something that you could get from your investment or something extra which could be possibly used on different aspects.

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May 09, 2022, 07:16:50 AM
 #67

The presence of Crypto makes it easy for investors to manage assets, if we invest in stocks, there will be many things needed such as the difficulty of selling stocks and exchanging fiat when we really need money, with crypto then we can invest and be free to sell at any time as long as we get profit Or we really need money.


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May 09, 2022, 11:48:33 PM
 #68

In saving, you're practicing the discipline on how to become responsible with the hard earned money you've got. It's actually a good start if you're not an investor yet you're starting to make sure that your money is well spent.

And being an investor, it is being learnt in the process when you've come to understand that your money sleeping in the bank isn't going to multiply by just being there.

That's how you're going to be open in investing but, don't listen to all people that suggests specific platforms where to invest because as an inexperienced investor, you may fall to scam investments and that's why before investing you need to make your own analysis and research where it's good to invest.
Since you work hard to earn that money, then you should always be skeptical to spend it especially if you are not sure if investing it in a new platform will work or not. That is why we should always DYOR first in every investments we attempt to make so that our money will not go into a waste. Although there's no guarantee in making such investments, but knowing what and where to invest will always lessen the risk of losing our funds.
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May 10, 2022, 02:39:36 AM
 #69

Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

Get Money- Popular opinion is that you need money to get money, any contrary opinion?
Once you have started getting money the next objective should be how to get more.

Save money- To save money is good, another popular opinion to support this is that , the money you save today will save you tomorrow.
The problem however results when you just keep saving money pointlessly without any plans on how what to do with it, The worse of all is saving money in fiat banks, that money will loose value in no time at all.

Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.

Follow the cycle, don't stop halfway at saving money.



Well I think you do need money to make money, or to "get money", otherwise how are you going to invest.  But I think one very important piece of information here with what you're saying is the importance of saving EARLY!  There is a massive difference in someone who stashes away a little bit of cash in say their early 20's compared to someone in their mid to late 30's who's saving a considerable amount more.  So lesson here is, save early people..it will absolutely with out question pay off!

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May 10, 2022, 04:10:36 AM
 #70


Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.


This is the most important stage in the life of human. You have to think of how to invest the money you have so that in the future you can fall back to it. This stage deserve more careful not to invest wrongly. Many people have failed in this stage because of wrong decision and investment that didn't bring profit.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.

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May 10, 2022, 04:17:08 AM
 #71


Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.


This is the most important stage in the life of human. You have to think of how to invest the money you have so that in the future you can fall back to it. This stage deserve more careful not to invest wrongly. Many people have failed in this stage because of wrong decision and investment that didn't bring profit.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.

You have a point, but in terms of saving, there are still people that are having difficulty saving because their money or earnings were just enough for their daily needs. Though there are still people saying that no matter how low your income is, you just need to have self-control. This is also true, but you can only save small amounts of money online compared to others that have a big income. It is easy to save
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May 10, 2022, 04:54:47 AM
 #72


Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.


This is the most important stage in the life of human. You have to think of how to invest the money you have so that in the future you can fall back to it. This stage deserve more careful not to invest wrongly. Many people have failed in this stage because of wrong decision and investment that didn't bring profit.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.

You have a point, but in terms of saving, there are still people that are having difficulty saving because their money or earnings were just enough for their daily needs. Though there are still people saying that no matter how low your income is, you just need to have self-control. This is also true, but you can only save small amounts of money online compared to others that have a big income. It is easy to save
It's almost impossible to save money when the income is only enough to pay for basic needs, especially when there are more people (family members) dependant on that person who wants to save some bucks every month. In this case, I suppose the solution is to raise the income somehow by going for some extra income side works or tasks. The person will probably feel exhausted, although sacrifices are needed on the present moment in order to acquire some confort and life quality futurely. At same time it's a very important alert for young people to constitute their financial life before constituting their family.

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May 10, 2022, 05:44:04 AM
 #73

I would put it a little differently. I don't like the word "save". For me, this word is associated with poverty. But the expression "spend wisely" is more suitable. If a person has a goal or an idea for which they are going to save money, then there is motivation. But to deprive yourself of a lot to invest in the future, to be honest, I don’t see the point. No one knows how long your life will last, and depriving yourself of everything, constantly saving, at some point may seem very stupid.

Yes, that's the most important thing. Spend money carefully. If you constantly deny yourself some pleasures, then life will not be interesting. The meaning of further action is lost, a person is simply not interested in further development. Earning money is necessary to live an interesting life. But not to live in order to work.

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May 10, 2022, 09:50:49 AM
 #74

Investments that are very easy to do with very high profit opportunities are of course cryptocurrencies, even with a capital of less than $ 1000 then we have the opportunity to get big profits in a short time, the most important point in investing is full control and we can sell it at any time.
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May 10, 2022, 12:29:49 PM
 #75

Quote
Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

I think, it will be difficult for people to experience poverty in the community, if they can be able to follow this step which will be profitable to people in the future. Now that the price of coins has decreased to the level people can get a huge amount of capital to buy coins and hold for the price to increase higher before they can sell to embrace profits. I believe this is the time to use the money you saved early last year to invest in a particular project that will bring you a passive income before the end of this year 2022. It will be difficult for people to miss their opportunity because people are fully ready to use a huge amount of capital to invest in this season.

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May 10, 2022, 01:26:49 PM
 #76

The hard part is getting the money (meaning having an excess you can save/invest). This is coz you need to be making more than the minimum amount of money you should be spending.

The saving part shouldn't be taken to an extreme, preferably you'd only have a certain amount of money left (like 3 months to a year's worth of your expenses) otherwise you are losing money, especially if you are saving that in the bank.

The investment then comes slowly as you become more secure financially.
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May 10, 2022, 02:04:28 PM
 #77


Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.


This is the most important stage in the life of human. You have to think of how to invest the money you have so that in the future you can fall back to it. This stage deserve more careful not to invest wrongly. Many people have failed in this stage because of wrong decision and investment that didn't bring profit.
I think way more people fail on the second step, after all unless you are already rich most people need to work to get some money, but when it comes to saving many people do not know how to do it, and while in theory is simple, as you only need to spend less than what you earn, many people use their money in a very noneffective way which means they do not have any spare money and they cannot save, which is a shame as investing in bitcoin is probably one of the best decisions that a person could take over the long term.

You have a point, but in terms of saving, there are still people that are having difficulty saving because their money or earnings were just enough for their daily needs. Though there are still people saying that no matter how low your income is, you just need to have self-control. This is also true, but you can only save small amounts of money online compared to others that have a big income. It is easy to save
It's almost impossible to save money when the income is only enough to pay for basic needs, especially when there are more people (family members) dependant on that person who wants to save some bucks every month. In this case, I suppose the solution is to raise the income somehow by going for some extra income side works or tasks. The person will probably feel exhausted, although sacrifices are needed on the present moment in order to acquire some confort and life quality futurely. At same time it's a very important alert for young people to constitute their financial life before constituting their family.

Yeah, agree, but as what I have stated, you can still save even if your salary is too low, because saving is not about big money, it is also a small one. You can save at least $1 per day, that's a saving, but again, this is like taking years to save a lot of money since you are saving too little. Having a side job is the solution. If you need to find another job, but you know it is still difficult to find a job, having a side job is another option. Then slowly finding another job that suits you
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May 10, 2022, 02:07:39 PM
 #78

Crypto is an amazing investment innovation, we can fully control all assets without depending on anyone even without anyone knowing, billions of dollars in 1 wallet never make us worry because we can control at any time, let alone the presence of stable coins so as to make crypto assets safer.


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May 10, 2022, 02:17:48 PM
 #79

Investments that are very easy to do with very high profit opportunities are of course cryptocurrencies

Don't be surprised as they are good enough fkr profitability, they can still pose a danger to a great loss on user, the main thing that helps in this situation is to know how to do about it, having a good understanding of crypto price speculation and making good advantage of it by taking good positions.


even with a capital of less than $ 1000 then we have the opportunity to get big profits in a short time,

The amount does not really matters atimes, making profit can be a non deterministic factor because one does not know which end it will fall at by making profit or loosing, and making profit within the shortest period always falls inline with those that go on trading.

the most important point in investing is full control and we can sell it at any time.

yes you're right, but selling at any time could be suitably good enough when the current price is favourable as well, so for times like this one should hodl.



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May 10, 2022, 03:26:06 PM
 #80

Saving is the best form of investment.
I was told that investment is the key, I took all my savings and invested, the investment became a scam and I returned to square one. Assuming I had the opportunity, I would have saved in bitcoin and leave it there.

I decided to use the language save, because I believe that people that got bitcoin when it was low and left it till today are saving. This is because bitcoin is a currency. The difference is that a bitcoin hodler saves in a currency that has the tendency to appreciate rather than depreciate like fiat.
Now, the refined version of saving is to save in something that appreciates. Now I am a big fan of saving.

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