Use your money wisely. Invest or Deposit ?

[Renampun]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

if I really have $ 100k and don't really need it at all for living expenses then I will invest 70% in bitcoin and the rest (30%) in deposito, "don't put your egg in one basket"

I'd rather invest it with Bitcoin. It's a sitting duck in bank savings, 3% annually is not much of a money considering they are using your own money to be invested in different funds. Why not do it yourself instead so that you will be the one profiting and not them. This is my mistake before as I thought the bank will somehow pay your loyalty to them, but it's not going to happen. Business is business and we should think the same as them.
Investing is a risk but it can be rewarding if you know what you are supposed to do.

even though the bank uses customer money to do business elsewhere, I can't deny it, I still need them. there is a bank in my country that gives quite high deposito interest, maybe I'll try deposito the money there (if I have as much money as OP says).

[1715231945]

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[1715231945]

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[1715231945]

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[erep]

That is true, contentment isn't there and it's part of our nature to keep on achieving greater highs and more achievements. That's why in life, we think that it's not that enough but if we compare our situation to the others, it's more than enough. It is that we want to be in a better situation which is greatest for other people if compared to their situation. Well, we have to think of our lives the way it is and as we grow older, we want to have the best life that we can based on where we're living.

The level of satisfaction will have no limit even when you have the satisfaction that has been achieved but we still feel that it is not enough, so stop achieving satisfaction but we must be grateful for what we have achieved so far, so with regard to investment we must avoid the keyword achieving satisfaction will makes us not focus on managing your investment because we set high profit targets, usually the mistakes that altcoin traders often experience are because they don't take profits after making profits and fluactive market factors have finally turned them into high losses.

[blockman]

That is true, contentment isn't there and it's part of our nature to keep on achieving greater highs and more achievements. That's why in life, we think that it's not that enough but if we compare our situation to the others, it's more than enough. It is that we want to be in a better situation which is greatest for other people if compared to their situation. Well, we have to think of our lives the way it is and as we grow older, we want to have the best life that we can based on where we're living.

The level of satisfaction will have no limit even when you have the satisfaction that has been achieved but we still feel that it is not enough, so stop achieving satisfaction but we must be grateful for what we have achieved so far, so with regard to investment we must avoid the keyword achieving satisfaction will makes us not focus on managing your investment because we set high profit targets, usually the mistakes that altcoin traders often experience are because they don't take profits after making profits and fluactive market factors have finally turned them into high losses.

Yes, it's a natural cycle that will never end. That's why choose your happiness and satisfaction and when you're an investor and you see your investments moving positively, that's where you're satisfied. And when you take care of those investments and assets you've got, that's where you'll start to think bigger and you will have the idea that things in your possession now aren't enough. After you've taken your investment and you have the money already, now, the next process of spending it wisely is another thing.

[AndySt]

Along with the growth of capital, appetites begin to grow That's human nature and there's nothing you can do about it. It seems that the most reasonable option in this situation is to invest 50 percent of the earned and deposit 50 percent of the remaining capital. Another question is that a lot depends on all sorts of accompanying details like your temperament and what degree of risk you can assume, in what phase the market is in a bullish or bearish trend, what is the share of altcoins and bitcoin itself in investments. Therefore, first of all, you need to start from yourself and listening to other people's opinions, you should still have your own strategy and first of all rely on it.

[AmoreJaz]

Along with the growth of capital, appetites begin to grow That's human nature and there's nothing you can do about it. It seems that the most reasonable option in this situation is to invest 50 percent of the earned and deposit 50 percent of the remaining capital. Another question is that a lot depends on all sorts of accompanying details like your temperament and what degree of risk you can assume, in what phase the market is in a bullish or bearish trend, what is the share of altcoins and bitcoin itself in investments. Therefore, first of all, you need to start from yourself and listening to other people's opinions, you should still have your own strategy and first of all rely on it.

you should always diversify your portfolio to mitigate potential losses. not only in crypto market, but should divert some of your assets to tangible ones so you are not feeling a loser if all digital assets go down hard. depositing in a bank is fairly a secure one, unless the bank goes bankrupt though it is covered by insurance. however, you should not expect good interest coming out of it because banks are known to have a very lil percentage of interest rates.

[reagansimms]

That is true, contentment isn't there and it's part of our nature to keep on achieving greater highs and more achievements. That's why in life, we think that it's not that enough but if we compare our situation to the others, it's more than enough. It is that we want to be in a better situation which is greatest for other people if compared to their situation. Well, we have to think of our lives the way it is and as we grow older, we want to have the best life that we can based on where we're living.

The level of satisfaction will have no limit even when you have the satisfaction that has been achieved but we still feel that it is not enough, so stop achieving satisfaction but we must be grateful for what we have achieved so far, so with regard to investment we must avoid the keyword achieving satisfaction will makes us not focus on managing your investment because we set high profit targets, usually the mistakes that altcoin traders often experience are because they don't take profits after making profits and fluactive market factors have finally turned them into high losses.

It's human nature, even though they know greed can turn something that has been obtained into ashes, there are still urges that are difficult for some people to control. The level of satisfaction obtained must be grateful, especially since it has reached the initial target. Crypto investment has a high level of risk, the price can change at any time. Taking profit according to the initial target is better than waiting until the price gets even higher, what can be obtained today may not be obtained the next day.
 

[kro55]

I say we diversify. Not going all-in on either saving it a bank, Bitcoin, property, etc. It’s all about balance and risk management.

Yes I know that it’s really tempting to invest a lot of money on Bitcoin and other kinds of investments. The risks are high, but same as the rewards if it goes “to the moon” unlike in banks where we can only get a few percentage per annum.

Indeed we should use our money wisely and never go all-in.

Could not be more correct, diversification is the right thing to do, not going all-in into one asset even though it is safe or can give us great returns, everything is risky, so diversify to reduce and minimize risk.
But in the case that OP mentioned: $100k is idle money and has nothing to do with other living expenses, then I think we should invest and spend most of it on bitcoin investment. In the worst case, if bitcoin can't grow or crash, we will lose that money, but luckily, it doesn't affect our lives, so it's worth a try.

While the truth is I am a big bitcoin fan and supporting this coin all the way , I must admit that I also diversify from some altcoins , maybe at least 30% of my total investments are in Altcoins , so yes diversification is always best because I must say that in the past I already gain from all of my holdings.

I don't think investing in altcoins is diversification because the entire crypto market depends on bitcoin, if bitcoin crashes, the whole market will disappear. Diversification means investing in a variety of assets such as gold and real estate. But I will support you if you invest a small amount in altcoins, as we are here to make a profit and not to worship something. As long as we know what we are doing and are willing to take the risk, we can invest wherever we want.

[YOSHIE]

what would you do with this money ? And why ?

Logically many people who are successful and rich are caused by the way they manage their economy well, it's not money that controls them, they control money.

Talking about $100k money for me that money is pretty fantastic I can manage the economy wisely, if I have that much money.
• for sure I will buy Bitcoin as a source of crypto investment as much as 2BTC, at a price of $ 17k, to futures.
• then I will use the remaining money as an asset or source of my business, which is clear I can develop my economy in a real business with the remaining money.

Only two things that I can do, maybe it's something good for what I want to do with that money.

[Mr.right85]

&100,000 os a lofty amount for sure and I if i were to pick waht to do with it, supposing its a free money although, I like to categorise free money as that money in which, am ready to lose.$100,000 isn't a free money to me and so, I would be skeptical about picking an investment scheme for it.
Am surely going to get some bitcoins and that's for sure but, having yo save my money in the bank with fiat currencies, that's something am likely not going to try.

Maybe I'll sort out myself by taking my chances with gold but, I can't jump  unto fiat currency with such amount and have the banks make maximum use of my money.

[BRINIRHA]

If at this time we have routine money and income, then we should never use it for things that are useless or wasteful, it's better to focus on making the money as an investment, we don't know whether we can still be active or not, when we can't active earnings, we still have income from investment.

your thinking is very wise. and I think that's the right step to do. i.e. make preparations while you still can. like investing while we still have income. But doing so might be a little difficult for some people. but even though it is difficult it does have to get used to it. because we will even get older and when we are old, of course we will retire. and that's when we can enjoy the results of our investment for a long time to be used in old age.

[Pamadar]

If at this time we have routine money and income, then we should never use it for things that are useless or wasteful, it's better to focus on making the money as an investment, we don't know whether we can still be active or not, when we can't active earnings, we still have income from investment.

your thinking is very wise. and I think that's the right step to do. i.e. make preparations while you still can. like investing while we still have income. But doing so might be a little difficult for some people. but even though it is difficult it does have to get used to it. because we will even get older and when we are old, of course we will retire. and that's when we can enjoy the results of our investment for a long time to be used in old age.

wise as indeed, investing while you are young will give you a much more comfortable life once you decided to retire, you can enjoy your money
as early as you can if you successfully do the right thing with your money.

There are many ways that you can explore and the chance of succeeding is possible if you are
good at sorting out the ways and you act in the right timing of your investment. The options are
always depends on how you see the success will favor you.

[Oilacris]

If at this time we have routine money and income, then we should never use it for things that are useless or wasteful, it's better to focus on making the money as an investment, we don't know whether we can still be active or not, when we can't active earnings, we still have income from investment.

your thinking is very wise. and I think that's the right step to do. i.e. make preparations while you still can. like investing while we still have income. But doing so might be a little difficult for some people. but even though it is difficult it does have to get used to it. because we will even get older and when we are old, of course we will retire. and that's when we can enjoy the results of our investment for a long time to be used in old age.

Some people been not thinking about their retirement or those old age time or moment because they are really mainly thinking that they would be helped out by their own sons and daughters which i would

say that it is really a wrong mindset.You cant really assure if those things if they would help out on the time that we are old.So better make yourself insured at least and
able to survive even if they would try out to abandon you or they do live on far off places. Majority had been neglecting these stuffs which
later on you would really be realizing that you should have started up early when on this regards.

[BRINIRHA]

If at this time we have routine money and income, then we should never use it for things that are useless or wasteful, it's better to focus on making the money as an investment, we don't know whether we can still be active or not, when we can't active earnings, we still have income from investment.

your thinking is very wise. and I think that's the right step to do. i.e. make preparations while you still can. like investing while we still have income. But doing so might be a little difficult for some people. but even though it is difficult it does have to get used to it. because we will even get older and when we are old, of course we will retire. and that's when we can enjoy the results of our investment for a long time to be used in old age.

Some people been not thinking about their retirement or those old age time or moment because they are really mainly thinking that they would be helped out by their own sons and daughters which i would

say that it is really a wrong mindset.You cant really assure if those things if they would help out on the time that we are old.So better make yourself insured at least and
able to survive even if they would try out to abandon you or they do live on far off places. Majority had been neglecting these stuffs which
later on you would really be realizing that you should have started up early when on this regards.

precisely. Preparations really have to be done since we are young and strong to work and make money. Maybe now when we still make money and have the strength to work. We sometimes forget about the preparations for old age. But actually time flies so fast and not felt. and I think people who don't prepare since they are young will surely have regrets later when they are old and unable to work anymore. our children they have their own life with their families. so it is wrong if we expect too much from them in the future. because they will be more busy with their respective families. maybe they'll only look at us once in a while. so don't expect too much.

[iamsange]

If at this time we have routine money and income, then we should never use it for things that are useless or wasteful, it's better to focus on making the money as an investment, we don't know whether we can still be active or not, when we can't active earnings, we still have income from investment.

The advice you say is absolutely not wrong, because active income can only be obtained when someone is still actively working at his job every day. But that will change when he is no longer actively working so it is clear that he really needs to apply investments or other passive income in order to continue to have income from a different direction in his life. So making the money keep spinning is a very appropriate solution too in my opinion.

[ringgo96]

If we have known the world of bitcoin for a long time, then with the assets we currently have, of course, we will invest in bitcoin, especially the price decline that occurs today is very suitable for getting large profits in the future, and this will exceed the 3% that banks give every year, but some people still doubt that the value of bitcoin can increase again in the near future but this is not a reason for those of us who are already convinced of the time Front of Bitcoin.

[Paul Pogba]

True, by using money for things that are useful then we will not regret it in old age, as long as we are young and easy to find money then save it all, if it looks big then use it to buy land and then build a shop building that can be rented out so we have provisions if it doesn't work anymore, don't regret being wasteful.

[LogitechMouse]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

A very subjective topic.

Not all people know Bitcoin. Most of the people especially the elderly ones don't know about investing that's why they prefer putting it on the bank because it is safer there and it earns interest annually. Little did they know is that the buying power of their money is slowly declining because of inflation. This is the thing that most of the people don't know.

For me, I don't need to choose between the two. I will pick invest since you said that "I didn't need the money to cover my daily expenses". Assuming that I already have completed my emergency funds, I will invest all of it but not in Bitcoin or crypto only. Diversifying into different assets is a better option.

Diversifying in different crypto coins is very different in diversifying into different assets. Diversifying into different assets mitigates your risk and lowering the risk of you losing money. For me, I will invest that amount of money into crypto, stocks, real estate (particularly in REITS), and Bonds.

[Mauser]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

Don't leave your money in a savings account, that's the worst thing you can do at the moment. 3% interest rate sounds nice, in my country it's more like 0.5%, but comparing that to 10% inflation you are screwed. Leaving money at the bank means you lose a lot of purchasing power each year. It would even be better to spend the money today and enjoy it as long as it has some value. For 2023 the inflation is not expected to come down much, we need to prepare ourselves. Investing is the only alternative to try and protect your money. Putting all of your 100k into bitcoins is to risky in my opinion. It would be better to invest 50% into stocks and bonds, the other 50% I would invest in cryptos, with 25% into Bitcoins and 25% into the top 5 alt coins. The more you spread out your money the better you are positioned against big price drops. Diversification is important to build a less risky portfolio.

[Wildwest]

For those of us who already have assets that do exceed our daily needs, investing in the future is a very correct decision, especially now that the decline in bitcoin is so big that the opportunity to make profits in the future is very open, and this will exceed the profit we get from the bank if we wait for the percent we will achieve every year, But not everyone will do the same because they definitely have their own way of continuing to grow in the future.

[Sakanwa]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

Let's be frank OP you'll definitely invest in Bitcoin if given such opportunity to do so because everyone wants incredibly amazing return in their investments and that is one thing crypto does and that is why most people dive into the space and industry and it's begining to thrive.
I personally will invest 50% of the money in Bitcoin and the other 25% in Ethereum and with this two, I wouldn't have to bother so much and the the other $25 to seek other promising alt coins but will be doing the last very carefully