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Author Topic: Get, Save & Invest.  (Read 1134 times)
livingfree
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June 16, 2022, 09:55:59 AM
 #161

I think it's very important to save money. With inflation, our money has less and less purchasing power. How to make sure that money does not turn into paper? This is a difficult task. Each person decides for himself how to save his money. How to save your money? For some, this will be an investment, for someone a bank deposit, and someone will invest all their money in cryptocurrency, everything is very individual and there is no unequivocal answer to this question.
It is and it's a habit that we must have.

Before you invest, you should learn how to save so that you're building up that principle of yours towards effective handling of your finances and money.

If you started to save, you'll crave on how you'll invest your money instead of letting it sit by the bank. With inflation and recession, people tend to look for more ways of making money and how they'll let their money work for them.

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June 16, 2022, 02:52:34 PM
 #162

The thing we like the most of Cryptocurrencies is to provide full control without being dependent on anyone, if we save it in private wallet, then to send bitcoin does not take 5 minutes to be accepted, this is the real investment because we can control assets with a very high security system . Don't hesitate to start because the future of the transaction system is Cryptocurrencies.


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virasisog
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June 16, 2022, 03:33:08 PM
 #163

I think it's very important to save money. With inflation, our money has less and less purchasing power. How to make sure that money does not turn into paper? This is a difficult task. Each person decides for himself how to save his money. How to save your money? For some, this will be an investment, for someone a bank deposit, and someone will invest all their money in cryptocurrency, everything is very individual and there is no unequivocal answer to this question.
It is and it's a habit that we must have.

Before you invest, you should learn how to save so that you're building up that principle of yours towards effective handling of your finances and money.

If you started to save, you'll crave on how you'll invest your money instead of letting it sit by the bank. With inflation and recession, people tend to look for more ways of making money and how they'll let their money work for them.

Others lack funds for investment because of their incapability to invest. Instead of saving so, they would have something to invest to assure their future, they live a lifestyle that doesn't fit their budget. We should have the right hobby of good spending and wise saving. We must allocate enough funds for our investment.
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June 16, 2022, 03:42:15 PM
 #164

Investments that can be done quickly even in less than 15 minutes are cryptocurrencies, no personal data such as banks or stocks are needed, by having 1 wallet, we can use it to store millions and even billions of dollars without fear of anyone knowing.
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June 16, 2022, 11:59:25 PM
 #165

In the past, the previous generation much focused on savings and the same have lifted the life to a better level. Slowly things have changed and now the priority have moved towards investment. Here education have played the major role, because the previous generation saved to their ability to give education to the kids. Even now there are people who focus on savings than investing, because they find investment to be risky.

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Kadal Ijo
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June 17, 2022, 04:16:10 AM
 #166

When the world is unstable and threats can occur at any time then we need very easy investment, people will regret when investing in property when there is a war, this is what makes crypto the best choice, besides that large profit opportunities because the potential increase can reach 100% Even more a year.

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June 17, 2022, 05:54:36 AM
 #167

In the past, the previous generation much focused on savings and the same have lifted the life to a better level. Slowly things have changed and now the priority have moved towards investment. Here education have played the major role, because the previous generation saved to their ability to give education to the kids. Even now there are people who focus on savings than investing, because they find investment to be risky.
there are several reasons people choose to save, it is true that investing has a high risk, such as this cryptocurrency investment, but of course it is different if we invest in property, of course there will be a very small risk, but property prices are now very expensive, so we have to have a lot of money first, that's why many people choose to save, even though the inflation will be eroded

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June 17, 2022, 07:25:48 AM
 #168

These times would be the great time to get into more investment in crypto while market is down, opportunities pouring in for people wanted to make rich when bull season resumes. But never invest, your life saving because it would be a disaster to think about it. Just invest extra money that you are willing to gamble in the crypto industry.

kapalmabur
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June 17, 2022, 09:04:13 AM
 #169

When the world is unstable and threats can occur at any time then we need very easy investment, people will regret when investing in property when there is a war, this is what makes crypto the best choice, besides that large profit opportunities because the potential increase can reach 100% Even more a year.
For long-term investments, crypto is indeed one of the right choices, even though the price is currently going down, but I'm sure in the future the price will increase again,
but whatever the investment there will always be a risk so consider it well before making a decision
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June 17, 2022, 11:49:22 AM
 #170

When the world is unstable and threats can occur at any time then we need very easy investment, people will regret when investing in property when there is a war, this is what makes crypto the best choice, besides that large profit opportunities because the potential increase can reach 100% Even more a year.
For long-term investments, crypto is indeed one of the right choices, even though the price is currently going down, but I'm sure in the future the price will increase again,
but whatever the investment there will always be a risk so consider it well before making a decision
Everyone wants to save and invest and want to have some passive income. But this is not as easy as it seems.
Particularly for the those who are living in 3rd world country and struggling to make their both ends meet.

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July 05, 2022, 08:59:09 PM
 #171

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.
The whole idea of saving will not also be possible as you have also your own bills to pay and basic needs to attend, so certainly its more on spending wisely through money management. And when you invest, it doesn't mean that you have to invest all what you have got, instead invest only a portion of you hard earned money so that if you lose, you won't be badly affected.

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stomachgrowls
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July 05, 2022, 10:29:30 PM
 #172

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.
The whole idea of saving will not also be possible as you have also your own bills to pay and basic needs to attend, so certainly its more on spending wisely through money management. And when you invest, it doesn't mean that you have to invest all what you have got, instead invest only a portion of you hard earned money so that if you lose, you won't be badly affected.
When we do have money came from our dayjob or other source then of course it would really be needing that kind of money management so that you would able to save up money but it would really be

still needing to be deducted from expenses,needs and wants which is a normal thing and the rest of those amounts would be save for emergencies and possible investment that you would really be tending
to get engaged on but there are lots of considerations before you would make such step.

Investing should never considered to go all in to it because you should allocate on the amount which you can only afford to lose and not spending it all
specially to those emergency funds which had been allocated.Proper money management would be the key.

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